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The global edge computing market is projected to reach a value of $154.7 billion by 2034, with a CAGR of 28%. This growth is driven by the need for decentralized computing to reduce latency and improve real-time processing, particularly in the context of the Internet of Things and data-driven decision-making. The market is shaped by technological advancements and evolving consumer expectations, and is expected to bring about significant efficiency gains for organizations across sectors.