Fog Computing Market, Global Outlook and Forecast 2024-2031
Cloud computing, where data, processing, and applications are concentrated in devices on the edge of the network, rather than almost entirely in the cloud, is an extension of cloud computing.
This report aims to provide a comprehensive presentation of the global market for Fog Computing, 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 Fog Computing. This report contains market size and forecasts of Fog Computing in global, including the following market information:
Global Fog Computing Market Revenue, 2019-2024, 2024-2029, ($ millions)
Global top five companies in 2023 (%)
The global Fog Computing market was valued at US$ 41 million in 2023 and is projected to reach US$ 485.8 million by 2029, at a CAGR of 42.4% during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
The U.S. and Canada in North America are amid the most technically advanced countries in the world and are leading in the adoption of latest technologies, thus providing enormous opportunities for the fog computing technology in this region.
MARKET MONITOR GLOBAL, INC (MMG) has surveyed the Fog Computing 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 Fog Computing Market, by Type, 2019-2024, 2024-2029 ($ millions)
Global Fog Computing Market Segment Percentages, by Type, 2023 (%)
Software
Hardware
Global Fog Computing Market, by Application, 2019-2024, 2024-2029 ($ millions)
Global Fog Computing Market Segment Percentages, by Application, 2023 (%)
Security
Intelligent Energy
Intelligent Manufacturing
Traffic
Logistics
Other
Global Fog Computing Market, By Region and Country, 2019-2024, 2024-2029 ($ Millions)
Global Fog Computing Market Segment Percentages, By Region and Country, 2023 (%)
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 Fog Computing revenues in global market, 2019-2024 (estimated), ($ millions)
Key companies Fog Computing revenues share in global market, 2023 (%)
Further, the report presents profiles of competitors in the market, key players include:
ARM Holdings
Cisco Systems
Cradlepoint
Dell
FogHorn Systems
Fujitsu
GE Digital
Hitachi Data Systems
IBM
Intel
Microsoft
Nebbiolo Technologies
Oracle
Prismtech
Schneider Electric Software
Toshiba
Outline of Major Chapters:
Chapter 1: Introduces the definition of Fog Computing, market overview.
Chapter 2: Global Fog Computing market size in revenue.
Chapter 3: Detailed analysis of Fog Computing 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 Fog Computing 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.
