Global Edge Computing Market Size & Outlook, 2022-2030
Global edge computing market, 2018-2030 (US$M)
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Global edge computing market highlights
- The global edge computing market generated a revenue of USD 11,246.8 million in 2022 and is expected to reach USD 155,899.7 million by 2030.
- The market is expected to grow at a CAGR (2023 - 2030) of 38.9% by 2030.
- In terms of segment, hardware accounted for a revenue of USD 5,042.7 million in 2022.
- Software is the most lucrative component segment registering the fastest growth during the forecast period.
- In terms of region, North America was the largest revenue generating market in 2022.
- Country-wise, Canada is expected to register the highest CAGR from 2023 to 2030.
Global data book summary
| Market revenue in 2022 | USD 11,246.8 million |
| Market revenue in 2030 | USD 155,899.7 million |
| Growth rate | 38.9% (CAGR from 2022 to 2030) |
| Largest segment | Hardware |
| Fastest growing segment | Software |
| Historical data covered | 2018 - 2021 |
| Base year for estimation | 2022 |
| Forecast period covered | 2023 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Hardware, Software, Services, Edge-Managed Platforms |
Other key industry trends
- In terms of revenue, the North America accounted for 41.6% of the global edge computing market in 2022.
- By country, the U.S. is projected to lead the global market in terms of revenue in 2030.
- By country, Canada is the fastest growing regional market and is projected to reach USD 1,469.3 million by 2030.
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Edge Computing Market Scope
Edge Computing Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Global edge computing market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to edge computing market will help companies and investors design strategic landscapes.
Hardware was the largest segment with a revenue share of 44.84% in 2022. Horizon Databook has segmented the Global edge computing market based on hardware, software, services, edge-managed platforms covering the revenue growth of each sub-segment from 2018 to 2030.
- Global Edge Computing Component Outlook (Revenue, USD Million, 2018-2030)
- Hardware
- Edge Nodes/Gateways (Servers)
- Sensors/Routers
- Others
- Software
- Services
- Edge-Managed Platforms
- Hardware
- Global Edge Computing Application Outlook (Revenue, USD Million, 2018-2030)
- IIOT
- Remote Monitoring
- Content Delivery
- Video Analytics
- AR/VR
- Others
- Global Edge Computing Industry Vertical Outlook (Revenue, USD Million, 2018-2030)
- Industrial
- Energy & Utilities
- Healthcare
- Agriculture
- Transportation & logistics
- Retail
- Datacenters
- Wearables
- Smart cities, smart homes, smart buildings
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Horizon Databook provides a detailed overview of global-level data and insights on the Global edge computing market , including forecasts for subscribers. This global databook contains high-level insights into Global edge computing market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Global edge computing market size, by regions, 2018-2030 (US$M)
Top 10 countries: Edge computing market size, 2022 (US$M)
Global edge computing market share, by component, 2022 & 2030 (%, US$M)
Edge computing market: Opportunity assessment by country
Global edge computing market, by region, 2022 (US$M)
| Component | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 | 2030 | CAGR |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| North America | 1,275.2 | 1,632.4 | 2,101.3 | 3,212.3 | 4,678.7 | 6,576.7 | 9,068.5 | 12,276.4 | 16,365.1 | 21,542.3 | 27,953.9 | 35,653.4 | 44,525.0 | 32.5% |
| Europe | 579.8 | 760.5 | 1,004.3 | 1,576.8 | 2,361.8 | 3,419.2 | 4,863.0 | 6,802.0 | 9,386.1 | 12,815.9 | 17,288.9 | 22,981.7 | 29,995.1 | 37.4% |
| Asia Pacific | 462.4 | 663.6 | 953.2 | 1,619.9 | 2,614.9 | 4,064.2 | 6,185.2 | 9,229.9 | 13,552.1 | 19,642.5 | 28,068.1 | 39,444.4 | 54,331.1 | 46.1% |
| Latin America | 216.0 | 299.5 | 417.4 | 690.3 | 1,087.6 | 1,653.6 | 2,467.0 | 3,615.0 | 5,220.2 | 7,451.3 | 10,498.1 | 14,561.3 | 19,814.9 | 43.7% |
| MEA | 116.6 | 155.2 | 208.0 | 331.4 | 503.9 | 740.4 | 1,069.1 | 1,518.2 | 2,127.3 | 2,949.6 | 4,041.1 | 5,456.1 | 7,233.7 | 39.5% |
| Overall | 2,650.0 | 3,511.2 | 4,684.0 | 7,430.7 | 11,246.8 | 16,454.1 | 23,652.8 | 33,441.5 | 46,650.8 | 64,401.5 | 87,850.1 | 118,096.9 | 155,899.7 | 38.9% |
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