Global edge computing market to expand to US$20 billion by 2028

The “Global Edge Computing Market Size, Segments, Outlook, and Revenue Forecast 2022-2028 by Component, Application, End-User Region” report has been added to’s offerings.

Its authors estimate that a market that was valued at US$8 billion this year is expected to reach the US$20 billion mark by 2028, growing at a compound annual growth rate (CAGR) of 16 per cent during the forecast period (2022-2028).

Edge computing demand is anticipated to increase as a result of the rollout of 5G and the rising demand for decentralized data processing capability. Edge further blends networking architecture, software, and hardware solutions to address a range of use cases across numerous industries, the report notes.

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