Edge Data Center Market Worth $38.14 Billion By 2030

The Edge Data Center Market is estimated to be worth $10.20 billion in 2022 and is expected to reach $38.14 billion by 2030, growing at a CAGR of 17.9%. The growth of the market is driven by the increase in mobile data traffic and the growing adoption of automation & IoT devices across various industries. However, issues associated with data privacy are expected to hinder the market growth. Edge Data Center as a Service (EDCaaS) is a cloud computing model that provides a platform for distributed cloud architectures and integrates the edge of the network in the computing ecosystem. EDCaaS is increasingly being adopted by various industries such as telecommunication, BFSI, and retail for data transmission activities.