Global Edge Data Center Market Top Major Players 2024, Forecast To 2033
19 Feb, 2024
The edge data center market has experienced exponential growth, rising from $11.16 billion in 2023 to $13.83 billion in 2024 at a CAGR of 23.9%. The forecast anticipates continued exponential growth, reaching $34.81 billion in 2028 with a CAGR of 26.0%. Growth drivers include low latency requirements, bandwidth-intensive applications, data sovereignty and privacy concerns, edge analytics, and edge security. Key trends involve CDN at the edge, edge security solutions, micro data centers, containerization at the edge, edge data analytics, and content delivery networks.
Global Edge Data Center Market Key Driver
Rising internet penetration and rapid digitization are set to drive the growth of the edge data center market. With 5 billion people using the internet worldwide, representing 63% of the global population, and the continuous increase in the connected population, the rise in internet penetration and digitization is driving the demand for edge data centers. Internet penetration and digitization are driving the growth of the edge data center market.
Get A Free Sample Of The Global Edge Data Center Market ReportGlobal Edge Data Center Market Segments
The edge data center market covered in this report is segmented –
1)By Component: Solution, Service
2)By Product Type: General construction, Power management systems, Cooling systems, Security solutions, Racks, Other Product Types
3)By Data Center Size: Micro Data Centers, Hyperscale or Enterprise Data Center, Other Data Center Sizes
4)By Application: Banking, Financial Services and Insurance, Telecommunication and IT, Government, Healthcare, Manufacturing, Media and Entertainment, Transportation and Logistics, Hospitality, Other Applications
By Geography: The regions covered in the template market report are Asia-Pacific, Western Europe, Eastern Europe,North America, South America, Middle East, and Africa. Among these regions.
North America was the largest region in the edge data center market in 2023. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the edge data center market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
Major Edge Data Center Industry Players
365 Data Centers Services LLC; Compass Datacenters LLC; DC BLOX Inc.; Eaton Corporation PLC; Fujitsu Limited; Huawei Investment and Holding Co. Ltd.; Rittal GmbH and Co. KG; Schneider Electric S. E.; Vertiv Group Corp.; vXchnge operating LLC; Panduit Corp.; Hewlett Packard Enterprise Development LP; Hitachi Ltd.; International Business Machines Corp.; Flexential Corp.; Vapor IO Inc.; Microsoft Corporation; Anixter International; Wave-2-Wave Solution Corporation; Cisco Systems Inc.; Elliptical Mobile Solutions; Zellabox DC; Dell Inc.; Silicon Graphics Inc.; Equinix Inc.; EdgeMicro; AtlasEdge Data Centres; EdgeConneX Inc.; Juniper Networks; Amazon Web Services Inc.
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Edge Data Center Market Overview
Edge data centers are smaller data centers with more efficient architectures that extend the network's edge to give cloud computing capabilities and cached streaming content to local-end users by moving and processing data. Due to edge latching, edge data centers are generally employed in the IT infrastructure and communication sectors and are located closer to local end-users to provide speedier services with minimal latency. Edge data center is used to deliver cloud computing resources and cached content to users.
Edge Data Center Global Market Report 2023 provides data on the global edge data center market such as market size, growth forecasts, segments and geographies, competitive landscape including leading competitors’ revenues, profiles and market shares. The edge data center market report identifies opportunities and strategies based on market trends and leading competitors’ approaches.