The Edge Data Center Global Market Report 2023 by The Business Research Company, provides edge data center market overview across 60+ geographies in the seven regions – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa for the 27 major global industries. The report covers a ten-year historic period – 2010-2021, and a ten-yearforecast period – 2023-2032.
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According to The Business Research Company’s Edge Data Center Global Market Report 2023, the market size will grow from $9.18 billion in 2022 to $11.55 billion in 2023, at a compound annual growth rate (CAGR) of 25.9%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The market size of the edge data center is expected to grow to $28.44 billion in 2027 at a CAGR of 25.3%.Rising internet penetration and rapid digitization are expected to propel the growth of the edge data center market going forward. The relationship between the number of internet users in each country and its demographic data is called internet penetration, and the process of transforming information into a computer-readable format is known as digitization. Edge data centers are used to integrate various digital devices and electronic devices via the internet. An edge data server serves as a link between two networks that are geographically separated and connected via the internet.
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The edge data center market is segmented:
1) By Component: Solution, Service
2) By Product Type: General construction, Power management systems, Cooling systems, Security solutions, Racks, Other Product Types
3) By Data Center Size: Micro Data Centers, Hyperscale or Enterprise Data Center, Other Data Center Sizes
4) By Application: Banking, Financial Services and Insurance, Telecommunication and IT, Government, Healthcare, Manufacturing, Media and Entertainment, Transportation and Logistics, Hospitality, Other Applications
Technological advancements have emerged as a key trend gaining popularity in the edge data center market. Major companies operating in the edge data center market are focused on developing new technological solutions to strengthen their position in the market. For instance, in March 2020, Schneider Electric, a France-based company, released the EcoStruxure Edge Data Center C-Series 43U based on intelligent cooling technology. The 43U C-Series offers clever cooling technology for increased protection and energy efficiency and is the only solution on the market that dynamically switches between three cooling modes based on the system’s current needs. The new edge data center cooling system is their largest, fully-equipped model, effectively eliminating the need for a dedicated IT room and saving up to 20% of time. End-users will save up to 40% on field engineering costs and 7% on maintenance costs, by integrating this cooling system with their data centers.
The edge data center market report table of contents includes:
1. Executive Summary
2. Edge Data Center Market Characteristics
3. Edge Data Center Market Trends And Strategies
4. Edge Data Center Market – Macro Economic Scenario
5. COVID-19 Impact On Edge Data Center Market
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26. Africa Edge Data Center Market
27. Edge Data Center Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Edge Data Center Market
29. Edge Data Center Market Future Outlook and Potential Analysis
30. Appendix
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