Edge Computing for Manufacturing Market, Global Outlook and Forecast 2023-2030
Edge computing refers to the allocation of computing workloads to the ?edges? of a network?to devices and resources closer to network endpoints than a centralized data center or cloud. In manufacturing industry, advances in edge computing mean that manufacturing is returning to a decentralized model. Rather than concentrate data processing in a single location, decentralized systems like edge computing take advantage of the compute and storage capacity extant at nodes throughout the network. This type of structure is ?decentralized? because computing is done where there are available and sufficient resources. With decentralized systems, proximity is a leading determinant of where processing occurs.
This report aims to provide a comprehensive presentation of the global market for Edge Computing for Manufacturing, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Edge Computing for Manufacturing. This report contains market size and forecasts of Edge Computing for Manufacturing in global, including the following market information:
Global Edge Computing for Manufacturing Market Revenue, 2018-2023, 2024-2030, ($ millions)
Global top five companies in 2022 (%)
The global Edge Computing for Manufacturing market was valued at US$ 1575.7 million in 2022 and is projected to reach US$ 5678.2 million by 2029, at a CAGR of 20.1% during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
North America is the largest consumption area, making up 42.50% in 2019. Europe ranks the second, total Edge Computing in Manufacturing accounted for 29.55%. Asia Pacific is projected to share significant growth in the edge computing in manufacturing market owing to increasing demand for edge computing in automotive and chemical industry and rapidly growing manufacturing industry market in emerging developing economies like India and China. Of the major players of edge computing in manufacturing, IBM maintained its first place in the ranking in 2019. IBM accounted for 14.98% of global edge computing in manufacturing revenue market share in 2019. Other players accounted for 13.50% and 12.84% including Amazon Web Services, Microsoft. On the basis of product type, the software & services segment is projected to account for the largest market share during the forecast period; this segment was estimated to account for 65.53% market share in 2019. In the applications, the Electronics segment was estimated to account for the highest market share of 22.93% in 2019. Flowed by Automobile & Transportation, which accounted for 19.83%.
We surveyed the Edge Computing for Manufacturing companies, and industry experts on this industry, involving the revenue, demand, product type, recent developments and plans, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Edge Computing for Manufacturing Market, by Type, 2018-2023, 2024-2030 ($ millions)
Global Edge Computing for Manufacturing Market Segment Percentages, by Type, 2022 (%)
Service
Hardware
Global Edge Computing for Manufacturing Market, by Application, 2018-2023, 2024-2030 ($ millions)
Global Edge Computing for Manufacturing Market Segment Percentages, by Application, 2022 (%)
Automotive
Electronic Products
Home Appliance
Other
Global Edge Computing for Manufacturing Market, By Region and Country, 2018-2023, 2024-2030 ($ Millions)
Global Edge Computing for Manufacturing Market Segment Percentages, By Region and Country, 2022 (%)
North America
US
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Benelux
Rest of Europe
Asia
China
Japan
South Korea
Southeast Asia
India
Rest of Asia
South America
Brazil
Argentina
Rest of South America
Middle East & Africa
Turkey
Israel
Saudi Arabia
UAE
Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies Edge Computing for Manufacturing revenues in global market, 2018-2023 (estimated), ($ millions)
Key companies Edge Computing for Manufacturing revenues share in global market, 2022 (%)
Further, the report presents profiles of competitors in the market, key players include:
Cisco
HPE
Huawei
IBM
Dell Technologies
Nokia
Litmus Automation
FogHorn Systems
SixSq
MachineShop
Saguna Networks
Vapor IO
ADLINK
Altran
Axellio
Outline of Major Chapters:
Chapter 1: Introduces the definition of Edge Computing for Manufacturing, market overview.
Chapter 2: Global Edge Computing for Manufacturing market size in revenue.
Chapter 3: Detailed analysis of Edge Computing for Manufacturing company competitive landscape, revenue and market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides the analysis of various market segments by type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 5: Provides the analysis of various market segments by application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 6: Sales of Edge Computing for Manufacturing in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space of each country in the world.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 8: The main points and conclusions of the report.
