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Global edge data center market will significantly expand with a higher demand for 5G technology across various countries, together with the inclining preference for autonomous vehicles and smart cities. Fast deployment and reliability are some of the benefits rendered by edge data centers. They also provide scalability and minimize data center downtime risks, further offering fast deployment time, simplified management, as well as lower maintenance and capital costs to enterprises.
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Edge Data Center Market 2020-2026; Growth Forecast & Industry Share Report
KeyInsights Edge Data Center Market : • Global edge data center market will significantly expand with a higher demand for 5G technology across various countries, together with the inclining preference for autonomous vehicles and smart cities. Fast deployment and reliability are some of the benefits rendered by edge data centers. • They also provide scalability and minimize data center downtime risks, further offering fast deployment time, simplified management, as well as lower maintenance and capital costs to enterprises.
Continued… • Verizon Wireless launched the 5G mobile service in 2019 in more than 30 cities in the U.S.A. The emergence of 5G wireless infrastructure has urged data center operators to opt for edge computing infrastructure to work with networks offering lower latency and higher resiliency. • Multi-access Edge Computing (MEC) tool aids network services to closely connect to the users. As per a Global Market Insights, Inc. report, edge data center market size could hit USD 20 billion worldwide by 2026 in terms of annual remuneration.
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Major Companies Edge Data Center Market : • EdgeMicro • EdgePresence • Flexential Corporation • Fujitsu Ltd. • Hewlett Packard Enterprise (HPE) Company • Huawei Technologies Co.Ltd. • IBM Corporation • Netrality Properties LP
Regional Edge Data Center Market : • Middle East and Africa will witness significant demand for the edge data centers considering the rise in industrialization and digitalization in the regions. Abu Dhabi Economic Vision 2030 and UAE Vision 2021 are government initiatives in MEA that have been imposed to build modern economies and establish a globally integrated business environment. Several businesses are using advanced digital techniques, further stimulating the adoption of edge data center architectures for efficient data storage and processing.
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