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Edge Data Center Market COVID -19 Impact Research Report with Top Players

Edge data centers are the facilities that provide cached content and cloud computing resources to the end users. These facilities are situated close to the people that they serve and usually connect to a bigger central data center or multiple data centers. These centers help organizations mitigate latency and provide a greater user experience by processing data and other services closer to the end users. <br>

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Edge Data Center Market COVID -19 Impact Research Report with Top Players

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  1. Rising Demand for Seamless Video Streaming to Boost Development of Edge Data Centers in Future Years Edge data centers are the facilities that provide cached content and cloud computing resources to the end users. These facilities are situated close to the people that they serve and usually connect to a bigger central data center or multiple data centers. These centers help organizations mitigate latency and provide a greater user experience by processing data and other services closer to the end users. Moreover, the processing of data so close to the end users reduces the load time of webpages, which, in turn, improves the ranking of the website, thereby generating more revenue for the organization. Get https://www.psmarketresearch.com/market-analysis/edge-data-center-market-analysis/report-s ample/rds the Sample Copy of this Report @ In recent times, these facilities have become incredibly important, on account of the increasing mobile data traffic all over the world. The rising penetration of smartphones and various internet of things (IoT) systems is a key factor responsible for the growing mobile data traffic around the world. According to a report published in February 2019 called the Cisco Visual Networking Index: Global Mobile Data Traffic Forecast Update 2017–2022, “the mobile data traffic has been estimated at nearly 26.8 exabytes per month in 2019, and it is predicted to reach over 77.5 exabytes per month by 2022”. Besides the increasing volume of data being generated throughout the world, the surging over-the-top (OTT) traffic is also boosting the demand for edge data centers across the globe.

  2. The main reasons behind the soaring OTT traffic are the increasing consumer preference for online content and the growing requirement for OTT services in several countries. According to Cisco, “the global internet protocol (IP) video, gaming and multimedia streaming traffic is estimated to reach more than 81% of all internet traffic by 2021, from 75% in 2019”. “IoT Proliferation Across the Globe is One of the Key Edge Data Center Market Trends” The other important factor fueling the requirement for edge data centers is the rapid commercialization of 5G in many countries around the world. With the growing popularity of 5G networks, the generation of data would increase, which would, in turn, push up the requirement for the edge data centers. Because of these reasons, the valuation of the global ​edge data center market is expected to rise from $5.3 billion to $53.1 billion from 2019 to 2030. Furthermore, the market is expected to advance at a CAGR of 25.4% between 2020 and 2030. Between the large and small and medium enterprises, which are the two main types of organizations requiring edge data centers, the utilization of these facilities has historically been higher by the large enterprises. This is ascribed to the huge investments that were made by these organizations in the development of data centers in the past, on account of the large volumes of data generated by them. For example, Microsoft Corporation announced in May 2020 that it intends to invest $1.0 billion for building data centers in Poland for supporting the network of government, entrepreneurs, and enterprises in the country. Make https://www.psmarketresearch.com/send-enquiry?enquiry-url=edge-data-center-market-analy sis Enquiry Before Purchase @ Globally, the North American edge data center market is currently being observed to be the most prosperous, as per the findings of P&S Intelligence, a market research firm based in India. This is attributed to the commercialization of 5G and the increasing investments being made by the governments of North American countries for developing data centers in the region. Moreover, the increasing data traffic is massively pushing up the requirement for edge data centers in the region. Hence, due to the increasing generation of data and the rising popularity of online content and video streaming services, the demand for edge data centers will increase considerably throughout the world in the coming years.

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