© 2016 Global Market Insights, Inc. USA. All Rights Reserved Fuel Cell Market size worth $25.5bn by 2024 Edge Data Center Market Present Scenario and Growth Prospects from 2017 to 2024: Global Market Insights, Inc.

© 2016 Global Market Insights, Inc. USA. All Rights Reserved  North America is expected to hold a major share in the edge data center market owing to the increased use of smart devices and growing number of consumers switching to OTT.  The stable economic conditions in the U.S. and Canada are boosting the growth of SMEs in the region. Increasing adoption of advanced technologies, such as IoT in industries, is also an important factor driving the regional market growth.  Moreover, Asia Pacific is also projected to witness fast growth in the adoption of such data centers over the forecast timeline.  Rising government initiatives for digital transformation are driving the edge data center market growth in the region. Regional Analysis of Edge Data Center Market :

© 2016 Global Market Insights, Inc. USA. All Rights Reserved Application Analysis of Edge Data Center Market:  Based on components, the edge data center market is bifurcated into hardware, software, services, and support & maintenance. The software segment is anticipated to dominate the market in the coming years. Increasing demand for enhanced quality streaming content from end users is making cloud service providers and web content companies focus on providing a high-quality content to customers. The rapid increase in the number of users accessing streaming content, such as Hulu, YouTube, and Netflix, is a major factor contributing to the rise in the software segment. However, the hardware segment is also anticipated to grow owing to the introduction of new cooling technologies and sophisticated hardware.  By organization size, the edge data center market is segmented into large organizations and small & medium organizations. Edge data centers enable SMEs to store, process, and collect data at the edge of the network and closer to the source, reducing the operational costs. Moreover, the rise in the number of SMEs in emerging economies is making them invest in sophisticated ways for data storage and management. Shifting content closer to the edge enables lower operational costs, which is a major factor contributing to the increased adoption of edge data centers by such businesses.

© 2016 Global Market Insights, Inc. USA. All Rights Reserved  Key players in the edge data center market include Edgeconnex, Rittal, Huawei Technologies Co., Ltd., Dell, Inc., Zellabox, Anixter, VXchnge, 365 Data Centers, Compass Data Centers, and Bytegrid. In September 2017, Edgeconnex announced the launch of its edge data center in Toronto to provide robust connectivity to metro area customers.  The players operating in the edge data center market are increasingly focusing on collaborations and acquisitions to offer enhanced services to customers. For instance, in February 2018, Compass Datacenters announced the acquisition of edge data center startups, such as Bitbox USA and Edgepoint, with an aim to strengthen its market presence. Competitive Market Share of Edge Data Center Market:

© 2016 Global Market Insights, Inc. USA. All Rights Reserved Browse Full Market Research Report On Edge Data Center Request for an in-depth table of contents for this

© 2016 Global Market Insights, Inc. USA. All Rights Reserved Stay In Touch Website: Social Media: