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The edge computing market size is forecast to increase by USD 19.6 billion at a CAGR of 33.57% between 2023 and 2028. The market is experiencing significant growth due to several key trends. The increasing demand for real-time data processing and reduced latency in decision-making is driving the adoption of edge computing. Furthermore, the deployment of Industry 4.0 infrastructure, which relies on decentralized computing to enable advanced manufacturing processes, is also fueling market growth. However, the market faces challenges from competition posed by low-cost centralized and general-purpose computing infrastructure. Despite these challenges, the market is expected to continue expanding as businesses seek to improve operational efficiency and enhance their digital transformation initiatives. Edge computing offers the benefits of data processing closer to the source, enabling faster response times and improved network security. As industries continue to generate massive amounts of data, the need for edge computing solutions to process and analyze this data in real-time will only grow.
1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation by End-user
7 Market Segmentation by Component
8 Customer Landscape
9 Geographic Landscape
10 Drivers, Challenges, and Opportunity/Restraints
11 Competitive Landscape
12 Competitive Analysis
13 Appendix
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