Edge Computing Market To Surpass US$111.3 Billion By 2028
Analytics Insight, Saturday, December 16,2023
Edge computing, a paradigm that brings computational resources closer to the data source, is rapidly gaining momentum in the tech industry.
According to a recent report by market research firm Markets And Markets, the edge computing market is projected to surpass an impressive US$111.3 billion by 2028, marking a substantial compound annual growth rate (CAGR) of 15.7 percent during the five-year period. This growth trajectory signifies the increasing importance and adoption of edge computing solutions across various industries.