Page 142 - Cyber Defense eMagazine March 2024

MEA region is more likely to experience chronic illness. This region has the highest rate of diabetes
prevalence, according to the International Diabetes Foundation. 39 million people have received a
diagnosis, while 19 million people are believed to be undiagnosed.

The global edge computing market is anticipated to grow with a CAGR of 39.65% over the forecast period,
i.e., 2024 – 2036. The market is estimated to garner a revenue of USD 893.93 billion by the end of 2036.
Additionally, in the year 2021, the market registered a revenue of USD 11.78 billion. The market is
segmented by technology into component, industry vertical, application, and organization size. The
hardware segment from component segmentation, amongst all the other segments, is anticipated to
garner the largest revenue of USD 430.83 billion by the end of 2036. Additionally, the segment registered
a revenue of USD 5.7 billion in the year 2023.

QoE can supply quality to clients and QoS can capture quality given by edge nodes. Selecting edge
computing that avoids overtaxing nodes with computationally demanding workloads is the difficult part.
Even if the nodes have to handle extra demand from the data center or edge service, they still need to
have high throughput and be dependable in order to deliver the desired workload.

By region, the global edge computing market is segmented into five major regions including North
America, Europe, Asia Pacific Excluding Japan, Japan, Latin America and Middle East & Africa region,
out of which, the market in North America region is anticipated to garner the largest revenue of USD
389.40 Billion by the end of 2036. Additionally, the market in the region registered a revenue of USD 4.9
Billion in the year 2023. One of the most innovative technological developments in the area is the idea of
a smart city. North America would use edge computing more frequently as the idea of smart cities took
off there in order to solve latency and bandwidth issues. It would facilitate the residents' easy
acclimatization to the smart city infrastructure.

Top players include in the global edge computing market are Cisco System Inc., Nokia Firm, Huawei
Cloud Computing Technologies Co., Ltd., Dell Inc., Hewlett Packard Enterprise Development LP, SixSq
SA, Capgemini, and others.

Source - https://www.researchnester.com/reports/global-edge-computing-market/1945 .

About the Author

Aashi Mishra is currently working as a content developer with the Research Nester.
Electronics engineer by profession; she loves to simplify complex market aspects into
comprehensive information. She has experience of 3 years in this domain where she
has mastered in tech writing, editing, copywriting, etc.

Cyber Defense eMagazine – March 2024 Edition 142
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