LONDON–(BUSINESS WIRE)–#FogComputingMarket–The fog computing market is expected to grow by USD 28.87 billion, progressing at a CAGR of almost 55% during the forecast period. Download Free Sample Report
The exponential growth of IoT is one of the major factors propelling the market growth. However, factors such as competition from low-cost centralized and general-purpose computing infrastructure will hamper market growth.
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Fog Computing Market: Application Landscape
Fog computing solutions are efficient in enhancing energy distribution operations. For instance, in a large smart grid, smart meters produce a tremendous amount of data that is difficult to process, analyze, and store even with cloud computing. In such circumstances, fog computing helps in collecting, computing, and storing smart meter data before transmitting them to the cloud. As a result, fog computing offers the means for smart grid technologies to thrive and for industry professionals to innovate, which in turn, is driving sales. Therefore, market growth in this segment will be significant during the forecast period.
Fog Computing Market: Geographic Landscape
North America was the largest fog computing market in 2019, and the region will offer several growth opportunities to market vendors during the forecast period. The significant increase in government expenditures toward the development of cities will significantly drive fog computing market growth in this region over the forecast period. 55% of the market’s growth will originate from North America during the forecast period. The US and Canada are the key markets for fog computing in North America. Market growth in this region will be slower than the growth of the market in APAC.
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Companies Covered:
- Arm Ltd.
- Cisco Systems Inc.
- Dell Technologies Inc.
- Fujitsu Ltd.
- General Electric Co.
- Intel Corp.
- Microsoft Corp.
- Nebbiolo Technologies Inc.
- Schneider Electric SE
- Toshiba Corp.
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- Market share assessments for the regional and country-level segments
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- Covers market data for 2019, 2020, until 2024
- Market trends (drivers, opportunities, threats, challenges, investment opportunities, and recommendations)
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements
Technavio suggests three forecast scenarios (optimistic, probable, and pessimistic) considering the impact of COVID-19. Technavio’s in-depth research has direct and indirect COVID-19 impacted market research reports.
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Key Topics Covered:
Executive Summary
Market Landscape
- Market ecosystem
- Value chain analysis
Market Sizing
- Market definition
- Market segment analysis
- Market size 2019
- Market outlook: Forecast for 2019 – 2024
Five Forces Analysis
- Five forces summary
- Bargaining power of buyers
- Bargaining power of suppliers
- Threat of new entrants
- Threat of substitutes
- Threat of rivalry
- Market condition
Market Segmentation by Application
- Market segments
- Comparison by Application
- Utilities – Market size and forecast 2019-2024
- Transportation – Market size and forecast 2019-2024
- Industrial – Market size and forecast 2019-2024
- Healthcare – Market size and forecast 2019-2024
- Agriculture – Market size and forecast 2019-2024
- Others – Market size and forecast 2019-2024
- Market opportunity by Application
Customer landscape
Geographic Landscape
- Geographic segmentation
- Geographic comparison
- North America – Market size and forecast 2019-2024
- Europe – Market size and forecast 2019-2024
- APAC – Market size and forecast 2019-2024
- South America – Market size and forecast 2019-2024
- MEA – Market size and forecast 2019-2024
- Key leading countries
- Market opportunity by geography
- Market drivers – Demand led growth
- Market challenges
- Market trends
Vendor Landscape
- Vendor landscape
- Landscape disruption
- Competitive scenario
Vendor Analysis
- Vendors covered
- Market positioning of vendors
- Arm Ltd.
- Cisco Systems Inc.
- Dell Technologies Inc.
- Fujitsu Ltd.
- General Electric Co.
- Intel Corp.
- Microsoft Corp.
- Nebbiolo Technologies Inc.
- Schneider Electric SE
- Toshiba Corp.
Appendix
- Scope of the report
- Currency conversion rates for US$
- Research methodology
- List of abbreviations
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