Global and United States Edge Computing in Manufacturing Market Report & Forecast 2022-2028

Edge computing refers to the allocation of computing workloads to the “edges” of a network–to devices and resources closer to network endpoints than a centralized data center or cloud. In manufacturing industry, advances in edge computing mean that manufacturing is returning to a decentralized model. Rather than concentrate data processing in a single location, decentralized systems like edge computing take advantage of the compute and storage capacity extant at nodes throughout the network. This type of structure is “decentralized” because computing is done where there are available and sufficient resources. With decentralized systems, proximity is a leading determinant of where processing occurs.
Market Analysis and Insights: Global and United States Edge Computing in Manufacturing Market
This report focuses on global and United States Edge Computing in Manufacturing market, also covers the segmentation data of other regions in regional level and county level.
Due to the COVID-19 pandemic, the global Edge Computing in Manufacturing market size is estimated to be worth US$ 2104.6 million in 2022 and is forecast to a readjusted size of US$ 12460 million by 2028 with a CAGR of 34.5% during the review period. Fully considering the economic change by this health crisis, by Type, Hardware accounting for % of the Edge Computing in Manufacturing global market in 2021, is projected to value US$ million by 2028, growing at a revised % CAGR in the post-COVID-19 period. While by Application, Chemicals was the leading segment, accounting for over percent market share in 2021, and altered to an % CAGR throughout this forecast period.
North America is the largest consumption area, making up 42.50% in 2019. Europe ranks the second, total Edge Computing in Manufacturing accounted for 29.55%. Asia Pacific is projected to share significant growth in the edge computing in manufacturing market owing to increasing demand for edge computing in automotive and chemical industry and rapidly growing manufacturing industry market in emerging developing economies like India and China. Of the major players of edge computing in manufacturing, IBM maintained its first place in the ranking in 2019. IBM accounted for 14.98% of global edge computing in manufacturing revenue market share in 2019. Other players accounted for 13.50% and 12.84% including Amazon Web Services, Microsoft.

On the basis of product

type, the software & services segment is projected to account for the largest market share during the forecast period; this segment was estimated to account for 65.53% market share in 2019. In the applications, the Electronics segment was estimated to account for the highest market share of 22.93% in 2019. Flowed by Automobile & Transportation, which accounted for 19.83%.
Global Edge Computing in Manufacturing Scope and Market Size
Edge Computing in Manufacturing market is segmented by region (country), players, by Type and by Application. Players, stakeholders, and other participants in the global Edge Computing in Manufacturing market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on revenue and forecast by region (country), by Type and by Application for the period 2017-2028.
For United States market, this report focuses on the Edge Computing in Manufacturing market size by players, by Type and by Application, for the period 2017-2028. The key players include the global and local players, which play important roles in United States.
Segment by Type
Hardware
Software & Services
Segment by Application
Chemicals
Electronics
Automobile & Transportation
Machinery & Equipment
Household Goods
Others
By Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
India
Australia
Taiwan
Indonesia
Thailand
Malaysia
Philippines
Vietnam
Latin America
Mexico
Brazil
Argentina
Middle East & Africa
Turkey
Saudi Arabia
UAE
By Company
IBM
Amazon Web Services
Microsoft
Cisco
Dell Technologies
HPE
Huawei
GE
Nokia
ADLINK
Litmus Automation
FogHorn Systems
Vapor IO
MachineShop (EdgeIQ)
Saguna Networks