Global Metallized Film Market is valued USD 2 billion in 2016 is anticipated to grow USD 3.1 billion with the compounded annual growth of 5.09% over the forecast period 2018-2025.
New York 28 Aug 2018, As per the new research study conducted by Bizwit Research & Consulting, Global Edge Computing Market industry is poised to raise USD 3.1 billion by 2025. The augmented reality application is likely to gain traction in the edge computing application segment. Augmented reality is one of the trending Application that is expected to gain demand in the coming years across different industries such as retail, manufacturing, media and entertainment, and healthcare and life sciences. Augmented reality applications require high computing power in order to avoid delays. Edge computing plays a vital role in providing high computing power to augmented reality applications. the edge computing solutions and services are being increasingly adopted across various industry verticals, which have led to the growth of the market globally. The consumer goods and retail sector is expected to grow at the highest rate from 2017 to 2022. Additionally, rise in the number of internet users and rapid adoption of digital services have led to an exponential increase in the volume of sensitive data collected by organizations. This further increase in data is expected to accelerate the adoption of the edge computing. As per regional analysis The North America market has seen a broader adoption of edge computing solutions across all verticals in recent times. The region has been an early adopter of new innovative technologies coupled with presence of significant technology players. Moreover, availability of better technology infrastructure and reliable network connectivity across the region has encouraged the growth of the market.
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The industry is seeming to be fairly competitive. Some of the leading market players Aricent, Inc, Amazon Web Services, Inc., Cisco Systems, Inc., General Electric, Hewlett Packard Enterprise Development LP, Huawei Technologies Co., Ltd, IBM, Intel Corporation, Microsoft, SAP SE and so on. The fierce competitiveness has made these players spend in product developments to improve the customer’s requirements.
Key findings of the study:
- North America is expected to hold the largest market share and dominate the edge computing market from 2018 to 2025.
- The Asia Pacific region is considered to provide high growth opportunities for edge computing vendors.
Bizwit Research & Consulting LLP has considered following segments for the study:
- Mobile Edge Computing
- Fog Computing
By Organization Size:
- Large Enterprise
- Energy and Utilities
- IT & Telecom
- Healthcare & Lifesciences
- Consumer Appliances
- Transportation & Logistics
- North America
- Asia Pacific
- Latin America
- Rest of the World