TOP 10 COMPANIES IN EDGE DATA CENTER MARKET
Added: (Fri Dec 08 2023)
Pressbox (Press Release) -
The Edge Data Center Market is set for remarkable growth, with projections reaching USD 46.4 billion by 2030 from an estimated USD 12.2 billion in 2023, reflecting a robust CAGR of 20.9% during the forecast period (20232030). This surge is driven by an increasing need for edge data centers in industrial IoT applications, a growing demand for low-latency processing and real-time automated decision-making solutions, and the expanding utilization of edge data centers in online video streaming.
Despite this promising trajectory, challenges persist, primarily in the form of the high upfront capital expenditure required for implementing edge data centers. Nevertheless, the emergence of autonomous vehicles and the commercialization of 4G technology are expected to unlock growth opportunities for industry players. However, data privacy and security concerns loom large as major challenges for market growth. Furthermore, the rising adoption of IoT devices across industries and the growth in 5G networks stand out as prominent trends in the edge data centers market.
Top 10 Companies at the Forefront of Edge Data Center Innovation : https://meticulousblog.org/top-10-companies-in-edge-data-center-market/
1. Dell Technologies Inc. (U.S.):
A leading provider of innovative solutions portfolio, offering traditional infrastructure and extending to multi-cloud environments.
Provides integrated solutions to modernize IT infrastructure, manage multi-cloud environments, address workforce transformation, and ensure critical connectivity.
2. Cisco Systems, Inc. (U.S.):
Information technology and networking company providing network automation tools for edge data center platforms.
Offers solutions for automation, security, and analytics across private, hybrid, and multi-cloud environments.
3. Huawei Technologies Co., Ltd. (China):
Global provider of networking products and telecommunication solutions.
Offers enterprise networking products, data center network solutions, CLOUDWAN solutions, and network security products for various industries.
4. International Business Machines Corporation (U.S.):
Global technology company providing hardware, software, cloud-based services, and cognitive computing solutions.
Offers AI-powered network automation solutions and 5G and edge services for telecommunications network automation.
5. Schneider Electric SE (France):
Leader in the digital transformation of energy management and automation.
Provides integrated management solutions for homes, buildings, data centers, infrastructure, and industries.
6. Eaton Corporation plc (Ireland):
Leader in intelligent power management, investing in electrical vehicle markets and electrification.
Offers a comprehensive range of products, services, engineering, and manufacturing solutions for the data center market.
7. Fujitsu Limited (Japan):
Global leader in technology and business solutions, operating across various industries.
Provides solutions and tools for automating and managing Business Service Management, network transformation, and telecommunication industry solutions.
8. Hewlett Packard Enterprise Company (U.S.):
Leader in Wi-Fi 6, switching, SD-Branch, and a visionary in data center networking.
Offers secure, AI-powered edge services platform across campuses, branches, data centers, and remote working environments.
9. NVIDIA Corporation (U.S.):
Provider of AI platforms, utilizing AI-at-the-edge technologies for supply chain optimization.
GPU-powered AI solutions for intelligent video analytics, robotics, automation, and management in warehouse operations.
10. Mitsubishi Electric Corporation (Japan):
Global leader in electric and electronic equipment, offering end-to-end electrical infrastructure solutions for data centers.
Provides integrated solutions for public utility systems, energy systems, defense & space systems, and more.
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Insights and Projections
Meticulous Research, in its latest publication on the Edge Data Center Market, predicts a staggering growth rate of 20.9% during the forecast years 2023-2030. The comprehensive report provides global market size estimates, market share analysis, revenue numbers, and in-depth coverage of key issues and trends.
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