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The global edge computing market is estimated to reach $16.55 billion by 2025, growing at a CAGR of 32.8% from 2018 to 2025. The growth of the market is driven by the rise in the number of intelligent applications and the emergence of 5G network. The solutions segment held the major share of the market in 2017, and the services segment is estimated to register the highest CAGR of 35.6% from 2018 to 2025. The connected cars segment is estimated to grow at the highest CAGR of 35.9% from 2018 to 2025.