Edge Data Center Market 2020 | Latest Global Industry Trends and Forecast Analysis to 2030 Edge Data Center: Introduction
Edge data center is a type of data center situated close to an organization, delivering faster services with minimal latency. Edge data centers easily deliver cloud computing resources and cached content to end-users. Edge data centers connect to a larger central data center or multiple data centers.
Structured data and unstructured data is increasing at a rapid pace across the globe. Many data centers are currently at maximum capacity. Hence, data center operators require a technique or method to increase speed, channel bandwidth, reduce the latency, and improve the customer experience. This is likely to increase the demand for edge data centers during the forecast period.
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Demand for enhancing the efficiency of content delivery among end-users is expected to create demand for edge data centers during the forecast period.
Increase in adoption of emerging technologies such as Big Data, Internet of Things, cloud and streaming services, and 5G deployment by various sectors is estimated to boost the demand for edge data centers across the globe. This is primarily because adoption of these technologies creates huge amounts of data in the network, creating new computing and performance demands in the data center, which indirectly generates demand for edge data center solutions.
Increasing demand from end-users to access devices, applications, services, and data from anywhere, anytime is anticipated to boost the edge data center market in the forthcoming years.
Increasing mobile data traffic is a major factor projected to accelerate the global edge data center market in the next few years.
Increasing investment by organizations for data center upgrades is also projected to augment the edge data center market in the upcoming years
Rising demand to increase channel capacity, quality, and compatibility is also estimated to propel the global edge data center market during the forecast period.
However, high maintenance costs of edge data centers is expected to hamper the market during the forecast period.
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Increasing cases of COVID-19 across the globe is resulting in economic slowdown. Developed countries are strongly affected by this pandemic. COVID-19 has a positive impact on the edge data center market. Currently, people are focusing majorly on online activities such as ecommerce and using OTT platforms, which is anticipated to increase the data worldwide.
Therefore, data centers are upgrading their capacity and increasing channel bandwidth to manage the huge amount of data. Hence, edge data centers help end-users to work more efficiently. North America to Hold Major Share of the Global Edge Data Center Market
In terms of region, the global edge data center market can be divided into North America, Europe, Asia Pacific, Middle East & Africa, and South America.
North America dominated the global edge data center market in 2019, due to increasing deployment and commercialization of 5G networks in the region. Increasing usage of online services and growing demand for agile IT infrastructure is anticipated to boost the edge data center market in the region.
The edge data center market in Asia Pacific is projected to expand at a rapid pace during the forecast period. This can be attributed to rapid adoption of cloud computing and IoT in China, Japan, India, and South Korea, thus generating demand for edge data center equipment in the region.
Global Edge Data Center Market: Competition Landscape Several local, regional, and international players are active in the edge data center market with strong presence. Rapid technological advancements have created significant opportunities in the global edge data center market. Key Players Operating in the Global Edge Data Center Market Include:
365 Operating Company LLC
Eaton Corporation
EdgeConneX, Inc.
Flexential Corporation
Fujitsu Ltd.
Hewlett-Packard Enterprise Company
Hitachi Vantara
Huawei Technologies Co., Ltd.
IBM Corporation
Panduit Corporation
Rittal GmbH & Co. KG
Schneider Electric SA
Vapor IO, Inc.
Vertiv, Co.
vXchnge Holdings, LLC
Global Edge Data Center Market: Research Scope
Global Edge Data Center Market, by Type
Centralized Modules Type
Disaggregated Modules Type
Global Edge Data Center Market, by Enterprise Size
Small & Medium Enterprise
Large Enterprise
Global Edge Data Center Market, by End-user
Banking, Financial Services and Insurance
Telecommunication and IT
Government
Healthcare
Manufacturing
Media and Entertainment
Transportation and Logistics
Hospitality
Others
The report sheds light on various aspects and answers pertinent questions on the market. Some of the important ones are: 1. What can be the best investment choices for venturing into new product and service lines? 2. What value propositions should businesses aim at while making new research and development funding? 3. Which regulations will be most helpful for stakeholders to boost their supply chain network? 4. Which regions might see the demand maturing in certain segments in near future? 5. What are the some of the best cost optimization strategies with vendors that some wellentrenched players have gained success with? 6. Which are the key perspectives that the C-suite are leveraging to move businesses to new growth trajectory? 7. Which government regulations might challenge the status of key regional markets? 8. How will the emerging political and economic scenario affect opportunities in key growth areas? 9. What are some of the value-grab opportunities in various segments? 10. What will be the barrier to entry for new players in the market? Note: Although care has been taken to maintain the highest levels of accuracy in TMR’s reports,
recent market/vendor-specific changes may take time to reflect in the analysis.