Edge Data Center Market by Component (Solutions and Services), by Facility Type (Small & Medium Facility and Large Facility), by Industry (IT & Telecom, BFSI, Gaming & Entertainment, Government, Healthcare, Manufacturing, and Others), by North America (United States, Canada, Mexico), by South America (Brazil, Argentina, Rest of South America), by Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), by Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), by MEA (Middle East, Africa) Forecast 2024-2032
The Edge Data Center Marketsize was valued at USD 9.30 USD Billion in 2023 and is projected to reach USD 35.11 USD Billion by 2032, exhibiting a CAGR of 20.9 % during the forecast period.Edge data centers are structured facilities set up in the nearby user’s area to provide, alongside other cloud computing services, cached content to their consumers, driving speed and reducing latency by cutting the distance that data has to travel.The creation of these centers enables the user to interact with their desired computational powerpiece much closer to their actual location resulting in an improved user experience for people when appliying, streaming, and using their online option. Through placing most of the data locally, they decrease the needed time for data to travel between users of the application and central data center. Usually a smaller edge data center is combined with the head one which is in a large city, forming a network model of edge computing. This organization reduces time and better accommodates latency for applications that are timely, for example gaming in real time, video streaming, IoT devices and critical company functions.Characteristics of edge data centers include location near the end user, the ability to cater for variable workloads, the hauling capacity for high internet speed connectivity as well as caching process used to store the most recently accessed content close to the users. They have multiple uses such as web use enhancement, Internet of Things (IoT) supporting, and real-time low latency and fault-proofed applications.
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July 2023: Ubiquity acquired EdgePresence, expanding its product portfolio.
July 2023: American Tower announced plans to build an edge data center in San Antonio, Texas.
June 2023: Edge Centres acquired a facility in Reston, Virginia, with plans for further expansion.
The edge data center market is poised for significant growth due to the increasing demand for low-latency applications, data security, and cost optimization.
Aspects | Details |
---|---|
Study Period | 2018-2032 |
Base Year | 2023 |
Estimated Year | 2024 |
Forecast Period | 2024-2032 |
Historical Period | 2018-2023 |
Growth Rate | CAGR of 20.9% from 2018-2032 |
Segmentation |
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