The US Edge Computing Market is on the path to reaching USD 43.59 billion by 2029, growing at a CAGR of 12.5% during the forecast period. According to a report by MarketsandMarkets, this is a significant expansion due to the increasing demand for faster data processing, lower latency, and enhanced security.
Industries Driving the US Edge Computing Market
The US Edge Computing Market is driven by various industries that require real-time analytics, IoT applications, and AI workloads. These industries include telecommunications, healthcare, and manufacturing. They deploy edge solutions to process data closer to the source, reducing reliance on centralized data centers.
- Telecommunications
- Healthcare
- Manufacturing
Hardware Segment Dominates the US Edge Computing Market
The hardware segment accounted for the largest share of the US Edge Computing Market in 2024. This is driven by the increasing demand for high-performance edge devices, servers, and networking equipment. The growth of IoT, 5G networks, and AI-driven applications has fueled investments in edge infrastructure.
| Company | Edge Computing Solutions |
|---|---|
| AWS | Outposts and Azure Stack Edge |
| Microsoft Azure | Azure Stack Edge |
| Google Cloud | AWS Outposts and Azure Stack Edge |
Data Management Segment Drives Growth
The data management segment held the largest share of the US Edge Computing Market in 2024. This is driven by the growing need for efficient data processing, storage, and security at the edge. Businesses are adopting data management solutions to handle real-time analytics, optimize bandwidth usage, and ensure data integrity across distributed edge environments.
- Healthcare
- Finance
- Retail
IoT and Sensor Data Utilization Segment Expected to Grow
The IoT and sensor data utilization segment in the US Edge Computing Market is expected to grow at the highest CAGR. This is driven by the increasing deployment of connected devices, smart infrastructure, and real-time analytics. Businesses across industries are leveraging edge computing to process vast amounts of IoT-generated data locally, reducing latency and enhancing operational efficiency.
Key Players in the US Edge Computing Market
The key players in the US Edge Computing Market include:
- IBM
- HPE
- Microsoft
- Dell Technologies
- AWS
- Cisco
- NVIDIA
- Intel
- Huawei
- VMware
- Nokia
- Fastly
- ADLINK Technology
- Juniper Networks
- Oracle
- Semtech
- Moxa
- Belden
- GE Digital
- Digi International
- Litmus Automation
- StackPath
- ClearBlade
- Vapor IO
- SixSq
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