Edge Computing Market Worth $110.6 Billion By 2029, Growing At A Cagr Of 13.0%: Report By Marketsandmarkets

The global Edge Computing Market is expected to grow at a CAGR of 13.0% during the forecast period, driven by the surge in adoption of IoT, strict compliance with government regulations, and integration of AI/ML. The integration of AI/ML with edge computing enables real-time data analytics and decision-making, reducing the need for extensive data transmission to centralized servers. However, the implementation of edge computing requires significant infrastructure investment, which can be a limiting factor for adoption. Customizing edge computing solutions for different industries, such as healthcare, offers substantial growth opportunities.