Edge Data Center Market, Impact On The Growth MRFR, Size, to 2027 Technological Innovation and Emerging Trends, Price, Business Overview
Market
Scenario:
Market Research Future (MRFR) predicts the global Edge Data Center Market to reach USD 1,740 million at a CAGR of 13% from
2017 to 2023 (forecast period).
The high level of computation and network
infrastructure necessary to run IoT software is an emerging trend in the edge
data center industry. Zellabox, a market leader in the data center market,
offers a variety of modular data center solutions that are energy-efficient,
flexible, robust, aesthetically pleasing, and scalable. Huawei is positioned as
a challenger player for data center networking solutions due to its rapid
expansion in market share and innovative hardware and software solutions.
Rittal, a global leader in the edge data center industry, provides a wide range
of solutions, enabling users through pre-configured services for easy and quick
deployment.
By application, the edge data center consists of
edge computing. Edge computing allows for real-time data analysis because the
data is stored in a local device rather than at a remote location or in the
cloud. It also provides other advantages such as lower operational costs, less
network traffic, and increased application performance.
According to the analysis, the edge data center
industry is being driven by booming digital demand, rising complexities in IT
infrastructure, increased data traffic, and rising complexities within data
centers. The edge data center market is divided into two categories: service
type and vertical. The data center service market is classified into support
services, consulting services, training services, financial services,
application services, and outsourcing services.
COVID-19 Impact on the Global Edge Data Center
Market
COVID-19 is an ongoing global public health
emergency that has affected almost every industry, with long-term effects
expected to affect industry growth over the projected period.
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Competitive Outlook:
The
prominent players in the edge data center market are – Rittal (Germany), Cisco
Systems, Inc. (U.S.), Elliptical Mobile Solutions (U.S.), Huawei Technologies
Co. Ltd. (China), Panduit Corp (U.S.), Anixter International (U.S.),
Wave-2-Wave Solution Corporation (U.S.), Zellabox (Australia), Dell Inc.
(U.S.), Silicon Graphics, Inc. (U.S.) among others.
Segmentation:
The
global edge data center industry has been segmented into components, service,
organization size and vertical.
By
components, the global edge data center industry has been segmented into
Hardware, Software, Service.
By
service, the global edge data center market has been segmented into
professional service, support and maintenance service.
Based
on organization size, the global edge data center industry has been segmented
into small & medium enterprises and large enterprises.
By
vertical, the global edge data center market has been segmented into Banking,
IT & telecommunications.
Regional
Analysis:
The
global edge data center industry has been segmented into North America, Europe,
Asia Pacific, and the rest of the world.
Because
of the presence of large firms in the region, North America is a prominent
player in the edge data center market. One of the main reasons for the growth
of the edge data center market is that they are very efficient and are about to
replace server rooms of SMEs in the region. The study also reveals that the
Asia Pacific region has the potential to grow significantly in the edge data
center market over the forecast period.
Industry News
The
global edge data center market is anticipated to reach USD 1,740 million at a
CAGR of 13% from 2017 to 2023 (forecast period). The edge data center market is
being driven by rising complexity in IT infrastructure, increasing data
traffic, and rising complexities within data centers. Moreover, the developing
trend in the edge data center industry is focused on the high level of
computation and network infrastructure required to run IoT software. These are
also helping to strengthen the market.
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Table of Contents:
1 Executive
Summary
2 Scope of the
Report
2.1 Market
Definition
2.2 Scope
of the Study
2.2.1 Research objectives
2.2.2 Assumptions & Limitations
2.3 Markets
Structure
Continued….
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