Edge computing is playing an increasingly important role in many industries, with global spending on hardware, software, and services for edge forecast to increase from $208 billion in 2023 to $317 billion in 2026. Edge computing enables data analysis in real-time or near-real-time and delivers key business insights. Food and beverage companies, aircraft, and other industries are leveraging edge computing for its real-time nature, modern aircraft are increasingly complex information systems, and edge computing can help manage and monitor machine processes.
