Edge Data Center Market
Edge Data Center Market Forecasts to 2030 - Global Analysis By Component (Hardware, Software and Services), By Deployment (On-premise, Cloud-based and Hybrid), Organization Size (Large Enterprises and Small and Medium-Sized Enterprises (SMEs)), Application, End User and By Geography
|
Years Covered |
2021-2030 |
|
Estimated Year Value (2023) |
US $11.2 BN |
|
Projected Year Value (2030) |
US $41.3 BN |
|
CAGR (2023-2030) |
20.4% |
|
Regions Covered |
North America, Europe, Asia Pacific, South America, and Middle East & Africa |
|
Countries Covered |
US, Canada, Mexico, Germany, UK, Italy, France, Spain, Japan, China, India, Australia, New Zealand, South Korea, Rest of Asia Pacific, South America, Argentina, Brazil, Chile, Middle East & Africa, Saudi Arabia, UAE, Qatar, and South Africa |
|
Largest Market |
North America |
|
Highest Growing Market |
Asia Pacific |
According to Stratistics MRC, the Global Edge Data Center Market is accounted for $11.2 billion in 2023 and is expected to reach $41.3 billion by 2030 growing at a CAGR of 20.4% during the forecast period. Edge Data Center is a compact and localized facility designed for processing and storing data near the source of generation, reducing latency and enhancing real-time data processing. Positioned closer to end-users or IoT devices, it facilitates faster access to information. Edge Data Centers support applications requiring low-latency responses, such as IoT, cloud computing and content delivery, ensuring efficient data handling in proximity to where it is needed.
According to USITC, as of 2022, there are approximately 8000 physical data centres present across the globe.
Market Dynamics:
Driver:
Rise of big data and artificial intelligence (AI)
The rise of big data and artificial intelligence is a significant driver in the edge data center market. As organizations increasingly leverage data-intensive applications and deploy AI algorithms, there's a growing demand for real-time processing and reduced latency. Edge data centers, positioned closer to the data source, enable quick data analysis and decision-making. This proximity enhances the efficiency of big data analytics and AI applications, fostering the development of advanced technologies and driving the adoption of edge computing solutions.
Restraint:
High upfront costs and complex deployment
The initial investment required for establishing edge data centers, including infrastructure, networking and security measures, can be prohibitive for some organizations. Additionally, the intricacies of deploying and managing distributed computing infrastructure at the edge pose challenges, demanding specialized expertise. These factors may hinder widespread adoption, especially for smaller enterprises, despite the growing demand for low-latency, high-performance computing closer to end-users.
Opportunity:
Proliferation of 5G and other advanced networks
Increasing adoption of 5G technology enhances data transfer speeds and reduces latency, creating a contributing environment for edge computing applications. Edge Data Centers, positioned closer to end-users, can leverage these high-speed networks to deliver low-latency and real-time services. This synergy facilitates the seamless integration of edge computing with 5G, unlocking new possibilities for enhanced connectivity, improved performance and support for emerging technologies.
Threat:
Lack of skilled professionals and standardized solutions
The shortage of skilled professionals and the absence of standardized solutions pose significant threats. The rapid growth of edge computing demands specialized expertise for deployment and management. The shortage of skilled professionals can hinder the effective implementation of edge data centers. Additionally, the lack of standardized solutions may lead to interoperability challenges and hinder seamless integration.
Covid-19 Impact:
The COVID-19 pandemic has accelerated the demand for edge data centers as businesses and industries shift towards remote work, digital services and increased reliance on cloud computing. The need for low-latency and high-performance computing closer to end-users became crucial, driving the adoption of edge computing solutions. The pandemic underscored the importance of resilient and distributed data infrastructure, prompting organizations to invest in edge data centers to enhance connectivity and scalability and support emerging technologies like IoT and autonomous systems.
The software segment is expected to be the largest during the forecast period
The software segment is poised to be the largest during the forecast period due to its pivotal role in advancing edge data center functionalities. Businesses prioritize data-driven decision-making and real-time analytics, the demand for software solutions supporting edge computing data processing and analytics is escalating. With the growing complexity of edge computing environments, the software segment is expected to witness substantial growth, making it a key contributor to the edge data center market.
The small and medium-sized enterprises (SMEs) segment is expected to have the highest CAGR during the forecast period
The small and medium-sized enterprises (SMEs) segment is anticipated to experience the highest growth over the forecast period. This growth is driven by increasing digitalization efforts among SMEs, rising adoption of cloud-based solutions and the need for scalable and cost-effective data management. SMEs, recognizing the advantages of edge data centers in enhancing operational efficiency, are likely to invest more in these solutions, contributing to the segment's accelerated growth in the coming years.
Region with largest share:
The North American region is expected to dominate the market during the forecast period due to widespread adoption of advanced technologies, robust IT infrastructure and a surge in data-intensive applications. Increasing demand for low-latency processing, edge computing applications and the rapid growth of IoT devices contribute to the region's leadership. Additionally, the presence of key market players, coupled with substantial investments in data center infrastructure, positions North America as a significant contributor to the expanding market share of edge data centers.
Region with highest CAGR:
The Asia-Pacific region is poised for substantial growth in the market. This surge is fueled by increasing digitization, the rapid adoption of IoT devices and escalating demand for low-latency data processing. The region's expanding cloud infrastructure, burgeoning data traffic and supportive government initiatives contribute to its prominence. As businesses strive for improved connectivity and real-time data access, the Asia Pacific stands as a key market for edge data centers, showcasing significant growth potential.
Key players in the market
Some of the key players in Edge Data Center Market include Akamai Technologies, AT&T, Compass Datacenters, CoreSite, CyrusOne, Dell, EdgeConneX, EdgePresence, Equinix, Flexential, Hivelocity, Nokia, Nvidia, Siemon , Stack Infrastructure, Telefonaktiebolaget LM Ericsson, Vapor IO, Verizon and Zenlayer.
Key Developments:
In July 2023, Siemon launched new EagleEye Red software for managing data center and LAN networks. Its multi-tiered network discovery protocols allow users to quickly scan and find all IP-based devices within their network and position assets at their correct locations.
In June 2023, Dell has recently expanded its Dell Private Wireless Program, aiming to offer secure enterprise connectivity for edge locations. The program now supports Airspan and Druid wireless solutions, providing businesses with enhanced options for reliable wireless connectivity at the edge.
In May 2023, NVIDIA launched a new class of large-memory AI supercomputer, the NVIDIA DGX. The NVIDIA GH200 Grace Hopper Superchips and the NVIDIA NVLink Switch System drive this powerful system. It facilitates the development of massive, next-generation models for generative AI language applications, recommender systems, and data analytics workloads.
Components Covered:
• Hardware
• Software
• Services
Deployments Covered:
• On-premise
• Cloud-based
• Hybrid
Organization Sizes Covered:
• Large Enterprises
• Small and Medium-Sized Enterprises (SMEs)
Applications Covered:
• Autonomous Vehicles
• Content Delivery Networks (CDNs)
• Industrial Automation
• Internet of Things (IoT)
• Smart Cities
• Other Applications
End Users Covered:
• Energy
• Healthcare
• IT and Telecom
• Retail
• Other End Users
Regions Covered:
• North America
o US
o Canada
o Mexico
• Europe
o Germany
o UK
o Italy
o France
o Spain
o Rest of Europe
• Asia Pacific
o Japan
o China
o India
o Australia
o New Zealand
o South Korea
o Rest of Asia Pacific
• South America
o Argentina
o Brazil
o Chile
o Rest of South America
• Middle East & Africa
o Saudi Arabia
o UAE
o Qatar
o South Africa
o Rest of Middle East & Africa
What our report offers:
- Market share assessments for the regional and country-level segments
- Strategic recommendations for the new entrants
- Covers Market data for the years 2021, 2022, 2023, 2026, and 2030
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements
Free Customization Offerings:
All the customers of this report will be entitled to receive one of the following free customization options:
• Company Profiling
o Comprehensive profiling of additional market players (up to 3)
o SWOT Analysis of key players (up to 3)
• Regional Segmentation
o Market estimations, Forecasts and CAGR of any prominent country as per the client's interest (Note: Depends on feasibility check)
• Competitive Benchmarking
Benchmarking of key players based on product portfolio, geographical presence, and strategic alliances
Table of Contents
1 Executive Summary
2 Preface
2.1 Abstract
2.2 Stake Holders
2.3 Research Scope
2.4 Research Methodology
2.4.1 Data Mining
2.4.2 Data Analysis
2.4.3 Data Validation
2.4.4 Research Approach
2.5 Research Sources
2.5.1 Primary Research Sources
2.5.2 Secondary Research Sources
2.5.3 Assumptions
3 Market Trend Analysis
3.1 Introduction
3.2 Drivers
3.3 Restraints
3.4 Opportunities
3.5 Threats
3.6 Application Analysis
3.7 End User Analysis
3.8 Impact of Covid-19
4 Porters Five Force Analysis
4.1 Bargaining power of suppliers
4.2 Bargaining power of buyers
4.3 Threat of substitutes
4.4 Threat of new entrants
4.5 Competitive rivalry
5 Global Edge Data Center Market, By Component
5.1 Introduction
5.2 Hardware
5.2.1 Servers
5.2.2 Storage Devices
5.2.3 Network Equipment
5.3 Software
5.3.1 Management
5.3.2 Analytics
5.3.3 Orchestration
5.4 Services
5.4.1 Design
5.4.2 Deployment
5.4.3 Maintenance
6 Global Edge Data Center Market, By Deployment
6.1 Introduction
6.2 On-premise
6.3 Cloud-based
6.4 Hybrid
7 Global Edge Data Center Market, By Organization Size
7.1 Introduction
7.2 Large Enterprises
7.3 Small and Medium-Sized Enterprises (SMEs)
8 Global Edge Data Center Market, By Application
8.1 Introduction
8.2 Autonomous Vehicles
8.3 Content Delivery Networks (CDNs)
8.4 Industrial Automation
8.5 Internet of Things (IoT)
8.6 Smart Cities
8.7 Other Applications
9 Global Edge Data Center Market, By End User
9.1 Introduction
9.2 Energy
9.3 Healthcare
9.4 IT and Telecom
9.5 Retail
9.6 Other End Users
10 Global Edge Data Center Market, By Geography
10.1 Introduction
10.2 North America
10.2.1 US
10.2.2 Canada
10.2.3 Mexico
10.3 Europe
10.3.1 Germany
10.3.2 UK
10.3.3 Italy
10.3.4 France
10.3.5 Spain
10.3.6 Rest of Europe
10.4 Asia Pacific
10.4.1 Japan
10.4.2 China
10.4.3 India
10.4.4 Australia
10.4.5 New Zealand
10.4.6 South Korea
10.4.7 Rest of Asia Pacific
10.5 South America
10.5.1 Argentina
10.5.2 Brazil
10.5.3 Chile
10.5.4 Rest of South America
10.6 Middle East & Africa
10.6.1 Saudi Arabia
10.6.2 UAE
10.6.3 Qatar
10.6.4 South Africa
10.6.5 Rest of Middle East & Africa
11 Key Developments
11.1 Agreements, Partnerships, Collaborations and Joint Ventures
11.2 Acquisitions & Mergers
11.3 New Product Launch
11.4 Expansions
11.5 Other Key Strategies
12 Company Profiling
12.1 Akamai Technologies
12.2 AT&T
12.3 Compass Datacenters
12.4 CoreSite
12.5 CyrusOne
12.6 Dell
12.7 EdgeConneX
12.8 EdgePresence
12.9 Equinix
12.10 Flexential
12.11 Hivelocity
12.12 Nokia
12.13 Nvidia
12.14 Siemon
12.15 Stack Infrastructure
12.16 Telefonaktiebolaget LM Ericsson
12.17 Vapor IO
12.18 Verizon
12.19 Zenlayer
List of Tables
1 Global Edge Data Center Market Outlook, By Region (2021-2030) ($MN)
2 Global Edge Data Center Market Outlook, By Component (2021-2030) ($MN)
3 Global Edge Data Center Market Outlook, By Hardware (2021-2030) ($MN)
4 Global Edge Data Center Market Outlook, By Servers (2021-2030) ($MN)
5 Global Edge Data Center Market Outlook, By Storage Devices (2021-2030) ($MN)
6 Global Edge Data Center Market Outlook, By Network Equipment (2021-2030) ($MN)
7 Global Edge Data Center Market Outlook, By Software (2021-2030) ($MN)
8 Global Edge Data Center Market Outlook, By Management (2021-2030) ($MN)
9 Global Edge Data Center Market Outlook, By Analytics (2021-2030) ($MN)
10 Global Edge Data Center Market Outlook, By Orchestration (2021-2030) ($MN)
11 Global Edge Data Center Market Outlook, By Services (2021-2030) ($MN)
12 Global Edge Data Center Market Outlook, By Design (2021-2030) ($MN)
13 Global Edge Data Center Market Outlook, By Deployment (2021-2030) ($MN)
14 Global Edge Data Center Market Outlook, By Maintenance (2021-2030) ($MN)
15 Global Edge Data Center Market Outlook, By Deployment (2021-2030) ($MN)
16 Global Edge Data Center Market Outlook, By On-premise (2021-2030) ($MN)
17 Global Edge Data Center Market Outlook, By Cloud-based (2021-2030) ($MN)
18 Global Edge Data Center Market Outlook, By Hybrid (2021-2030) ($MN)
19 Global Edge Data Center Market Outlook, By Organization Size (2021-2030) ($MN)
20 Global Edge Data Center Market Outlook, By Large Enterprises (2021-2030) ($MN)
21 Global Edge Data Center Market Outlook, By Small and Medium-Sized Enterprises (SMEs) (2021-2030) ($MN)
22 Global Edge Data Center Market Outlook, By Application (2021-2030) ($MN)
23 Global Edge Data Center Market Outlook, By Autonomous Vehicles (2021-2030) ($MN)
24 Global Edge Data Center Market Outlook, By Content Delivery Networks (CDNs) (2021-2030) ($MN)
25 Global Edge Data Center Market Outlook, By Industrial Automation (2021-2030) ($MN)
26 Global Edge Data Center Market Outlook, By Internet of Things (IoT) (2021-2030) ($MN)
27 Global Edge Data Center Market Outlook, By Smart Cities (2021-2030) ($MN)
28 Global Edge Data Center Market Outlook, By Other Applications (2021-2030) ($MN)
29 Global Edge Data Center Market Outlook, By End User (2021-2030) ($MN)
30 Global Edge Data Center Market Outlook, By Energy (2021-2030) ($MN)
31 Global Edge Data Center Market Outlook, By Healthcare (2021-2030) ($MN)
32 Global Edge Data Center Market Outlook, By IT and Telecom (2021-2030) ($MN)
33 Global Edge Data Center Market Outlook, By Retail (2021-2030) ($MN)
34 Global Edge Data Center Market Outlook, By Other End Users (2021-2030) ($MN)
Note: Tables for North America, Europe, APAC, South America, and Middle East & Africa Regions are also represented in the same manner as above.
List of Figures
RESEARCH METHODOLOGY
We at ‘Stratistics’ opt for an extensive research approach which involves data mining, data validation, and data analysis. The various research sources include in-house repository, secondary research, competitor’s sources, social media research, client internal data, and primary research.
Our team of analysts prefers the most reliable and authenticated data sources in order to perform the comprehensive literature search. With access to most of the authenticated data bases our team highly considers the best mix of information through various sources to obtain extensive and accurate analysis.
Each report takes an average time of a month and a team of 4 industry analysts. The time may vary depending on the scope and data availability of the desired market report. The various parameters used in the market assessment are standardized in order to enhance the data accuracy.
Data Mining
The data is collected from several authenticated, reliable, paid and unpaid sources and is filtered depending on the scope & objective of the research. Our reports repository acts as an added advantage in this procedure. Data gathering from the raw material suppliers, distributors and the manufacturers is performed on a regular basis, this helps in the comprehensive understanding of the products value chain. Apart from the above mentioned sources the data is also collected from the industry consultants to ensure the objective of the study is in the right direction.
Market trends such as technological advancements, regulatory affairs, market dynamics (Drivers, Restraints, Opportunities and Challenges) are obtained from scientific journals, market related national & international associations and organizations.
Data Analysis
From the data that is collected depending on the scope & objective of the research the data is subjected for the analysis. The critical steps that we follow for the data analysis include:
- Product Lifecycle Analysis
- Competitor analysis
- Risk analysis
- Porters Analysis
- PESTEL Analysis
- SWOT Analysis
The data engineering is performed by the core industry experts considering both the Marketing Mix Modeling and the Demand Forecasting. The marketing mix modeling makes use of multiple-regression techniques to predict the optimal mix of marketing variables. Regression factor is based on a number of variables and how they relate to an outcome such as sales or profits.
Data Validation
The data validation is performed by the exhaustive primary research from the expert interviews. This includes telephonic interviews, focus groups, face to face interviews, and questionnaires to validate our research from all aspects. The industry experts we approach come from the leading firms, involved in the supply chain ranging from the suppliers, distributors to the manufacturers and consumers so as to ensure an unbiased analysis.
We are in touch with more than 15,000 industry experts with the right mix of consultants, CEO's, presidents, vice presidents, managers, experts from both supply side and demand side, executives and so on.
The data validation involves the primary research from the industry experts belonging to:
- Leading Companies
- Suppliers & Distributors
- Manufacturers
- Consumers
- Industry/Strategic Consultants
Apart from the data validation the primary research also helps in performing the fill gap research, i.e. providing solutions for the unmet needs of the research which helps in enhancing the reports quality.
For more details about research methodology, kindly write to us at info@strategymrc.com
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