Edge Computing Market

The edge computing market consists of hardware, software, and services that bring data processing and computation closer to the source of data generation. Key customers include large enterprises and small-to-medium enterprises (SMEs) across a wide range of verticals such as manufacturing, telecommunications, transportation, and healthcare. Market growth is primarily driven by the proliferation of IoT and smart devices, the demand for low-latency processing for applications like autonomous vehicles, and the increasing adoption of big data analytics.

CAGR

33.6%

Compound Annual Growth Rate

Current Value

$43.7B

Estimated 2026

Projected Value

$443.5B

By 2034

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