Edge Computing Market Extrapolated to Reach $111.3 billion by 2028
According to a research report " Edge Computing Market by Component (Hardware, Software, and Services), Application (Smart Cities, Remote Monitoring, loT, AR and VR, Content Delivery), Organization Size (Large Enterprises and SMEs), Vertical and Region - Global Forecast to 2028" published by MarketsandMarkets, the edge computing market size is expected to grow from USD 53.6 billion in 2023 to USD 111.3 billion by 2028, at a Compound Annual Growth Rate (CAGR) of 15.7% during the forecast period. The advancements in hardware technology, open-source software and development tools, surge in adoption of cloud computing services, and the growth of IoT, requirement of a distributed computing paradigm that brings computation and data storage closer to the location where it is sought are a few factors driving the growth of the edge computing market. Download PDF Brochure : https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=133384090 Browse 269 market data Tabl...