The Hyperscale Edge Computing Global Market Report 2023, provides comprehensive information on the hyperscale edge computing market 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 year forecast period – 2023-2032.
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The global hyperscale edge computing market size is expected to grow from $2.57 billion in 2022 to $3.40 billion in 2023 at a compound annual growth rate (CAGR) of 32.5%. 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 global hyperscale edge computing market size is expected to grow to $10.84 billion in 2027 at a CAGR of 33.6%.
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Strategic partnerships are a key trend in gaining popularity in the hyperscale edge computing market. Major companies operating in the hyperscale edge computing market are focused on partnership and collaboration to strengthen their position in the market. For instance, in February 2021, Hewlett Packard Enterprise Company, a US-based company operating in the hyperscale edge computing market, partnered with Microsoft Corporation, a US-based technology corporation for an undisclosed amount. Through this partnership, Hewlett Packard Enterprise Company aims to deliver edge computing, artificial intelligence (AI)and Azure cloud computing capabilities on the International Space Station (ISS). Furthermore, in December 2021, Verizon Communications Inc., a US-based telecommunication company that offers edge computing solutions collaborated with Google LLC, a US-based technology company and Ericsson, Telefonaktiebolaget LM Ericsson, a Sweden-based networking and telecommunications company. With the partnerships, companies aim to build a 5G edge computing ecosystem to provide a dedicated private network and on-premises edge computing infrastructure that is beneficial for businesses in a variety of industries.
The hyperscale edge computing market is segmented:
1) By Component: Hardware, Software, Service
2) By Enterprise Size: Small and Medium Size Enterprises (SMEs), Large Enterprises
3) By Application: Industrial IoT, Content Delivery, AR (Augmented Reality) Or VR (Virtual Reality), Remote Monitoring, Other Applications
4) By End-User: IT (Information Technology) And Telecom, Government, Healthcare, BFSI (Banking, Financial Services And Insurance), Retail, Utility, Manufacturing, Other End-Users
Asia-Pacific was the largest region in the hyperscale edge computing market in 2022.
The table of contents in TBRC’s hyperscale edge computing market report includes:
- Executive Summary
- Hyperscale Edge Computing Market Characteristics
- Hyperscale Edge Computing Market Trends And Strategies
- Hyperscale Edge Computing Market – Macro Economic Scenario
- Hyperscale Edge Computing Market Size And Growth
- Hyperscale Edge Computing Market Segmentation
- Hyperscale Edge Computing Market Regional And Country Analysis
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- Key Mergers And Acquisitions In The Hyperscale Edge Computing Market
- Hyperscale Edge Computing Market Future Outlook and Potential Analysis
- Appendix
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