This research report categorizes the edge computing market to forecast revenue and analyze trends by Components (Hardware, Software, and Services), Application (Smart Cities, Remote Monitoring), Organization Size, Vertical, and Regions. The Edge Computing Market size is expected to grow from USD 53.6 billion in 2023 to USD 111.3 billion by 2028, at a Compound Annual Growth Rate (CAGR) of 15.7%. Major driving forces of the market include surge in the adoption of IoT technology, entertainment via cloud gaming, automation of system(s) across several industries such as transportation and logistics, healthcare (for patient health live monitoring), availability of cost-effective edge computing platforms, among others. Huawei is a privately owned company and operates through four segments: consumer business, carrier business, enterprise business, and unallocated items.
