Europe Edge Computing Market to Reflect USD 50.78 Billion By 2032 | Growing at a Healthy CAGR of 34.1%

Polaris Market Research, a leading market research firm, recently released a report titled "Europe Edge Computing Market: Share, Size, Trends, Industry Analysis Report, By Component (Hardware, Software, Services); Application; Organization Size; Vertical; Country; Segment Forecast, 2024 - 2032." The global market reached USD 3.63 billion in 2023. Looking forward, Polaris Market Research expects the market to reach USD 50.78 billion by 2032, exhibiting a CAGR of 34.1% during the forecast period.

𝐆𝐞𝐭 𝐚𝐧 𝐄𝐱𝐜𝐥𝐮𝐬𝐢𝐯𝐞 𝐒𝐚𝐦𝐩𝐥𝐞 𝐏𝐃𝐅 𝐨𝐟 𝐓𝐡𝐢𝐬 𝐑𝐞𝐩𝐨𝐫𝐭: https://www.polarismarketresearch.com/industry-analysis/europe-edge-computing-market/request-for-sample

𝐌𝐚𝐫𝐤𝐞𝐭 𝐃𝐞𝐟𝐢𝐧𝐢𝐭𝐢𝐨𝐧

Edge computing is a dispersed IT architecture that shifts computing resources from clouds and data centers as close as possible to the originating source. Its primary purpose is to decrease latency while processing data and saving network costs. The router, multiplexer, ISP, routing switches, integrated access devices (IADs), etc., are examples of edge devices. This network edge's most important feature is that it should be situated in close proximity to the device.

𝐓𝐨𝐩 𝐂𝐨𝐦𝐩𝐚𝐧𝐢𝐞𝐬

Intense competition among major competitors competing for market share and differentiation through innovation and strategic alliances characterizes the competitive environment of the European edge computing market. Prominent players in the industry are:

• Amazon Web Services, Inc.
• Aricent, Inc.
• Atos SE
• Cisco Systems, Inc.
• GE
• Hewlett Packard Enterprise Development
• Honeywell International Inc.
• IBM
• Intel
• Microsoft
• Rockwell Automation, Inc.
• SAP SE
• Siemens AG

𝐁𝐮𝐲 𝐭𝐡𝐢𝐬 𝐏𝐫𝐞𝐦𝐢𝐮𝐦 𝐑𝐞𝐬𝐞𝐚𝐫𝐜𝐡 𝐑𝐞𝐩𝐨𝐫𝐭: https://www.polarismarketresearch.com/buy/3755/2

𝐊𝐞𝐲 𝐅𝐢𝐧𝐝𝐢𝐧𝐠𝐬 𝐟𝐫𝐨𝐦 𝐭𝐡𝐞 𝐑𝐞𝐩𝐨𝐫𝐭

● The market for edge computing in Europe has grown significantly in recent years due to the growing demand for low-latency computing solutions, the proliferation of data created at the network edge, and the growing usage of IoT (Internet of Things) devices.
● The Europe edge computing market analysis is based on application, component, vertical, organization size, and country.
● The UK dominated the edge computing market in Europe, with 27% of the market share in 2023. The country maintains a global technology hub with a powerful focus on innovation and digital transformation.

𝐆𝐫𝐨𝐰𝐭𝐡 𝐃𝐫𝐢𝐯𝐞𝐫𝐬

5G Deployment: The rollout of 5G networks across Europe is a major driver of edge computing adoption. 5G networks enable high-speed, low-latency connectivity, making edge computing essential for leveraging the full potential of 5G applications.

IoT and Smart Devices: The proliferation of IoT devices and smart technologies in industries such as manufacturing, healthcare, and smart cities necessitates edge computing for real-time data processing and decision-making.

Data Privacy and Compliance: Europe has stringent data privacy regulations, such as the General Data Protection Regulation (GDPR). Edge computing allows data to be processed locally, reducing the need for data to be transmitted across borders and helping organizations comply with regulations.

𝐀𝐜𝐜𝐞𝐬𝐬 𝐓𝐡𝐞 𝐅𝐮𝐥𝐥 𝐑𝐞𝐩𝐨𝐫𝐭, 𝐡𝐞𝐫𝐞: https://www.polarismarketresearch.com/industry-analysis/europe-edge-computing-market

𝐏𝐨𝐥𝐚𝐫𝐢𝐬 𝐌𝐚𝐫𝐤𝐞𝐭 𝐑𝐞𝐬𝐞𝐚𝐫𝐜𝐡 𝐇𝐚𝐬 𝐒𝐞𝐠𝐦𝐞𝐧𝐭𝐞𝐝 𝐓𝐡𝐞 𝐄𝐮𝐫𝐨𝐩𝐞 𝐄𝐝𝐠𝐞 𝐂𝐨𝐦𝐩𝐮𝐭𝐢𝐧𝐠 𝐌𝐚𝐫𝐤𝐞𝐭 𝐑𝐞𝐩𝐨𝐫𝐭 𝐁𝐚𝐬𝐞𝐝 𝐎𝐧 𝐂𝐨𝐦𝐩𝐨𝐧𝐞𝐧𝐭, 𝐀𝐩𝐩𝐥𝐢𝐜𝐚𝐭𝐢𝐨𝐧, 𝐎𝐫𝐠𝐚𝐧𝐢𝐳𝐚𝐭𝐢𝐨𝐧 𝐒𝐢𝐳𝐞, 𝐀𝐧𝐝 𝐕𝐞𝐫𝐭𝐢𝐜𝐚𝐥:

Europe Edge Computing, Component Outlook (Revenue - USD Billion, 2019 - 2032)
• Hardware
• Software
• Services

Europe Edge Computing, Application Outlook (Revenue - USD Billion, 2019 - 2032)
• Assets Tracking
• Augmented Reality (AR) and Virtual Reality (VR)
• Content Delivery
• Industrial Internet of Things (IoT)
• Remote Monitoring
• Security & Surveillance
• Smart Cities
• Traffic Management
• Others

Europe Edge Computing, Organization Size Outlook (Revenue - USD Billion, 2019 - 2032)
• Large Enterprises
• SMEs

Europe Edge Computing, Vertical Outlook (Revenue - USD Billion, 2019 - 2032)
• Energy and Utilities
• Government and Defense
• Healthcare and Life Sciences
• Manufacturing
• Media and Entertainment
• Retail and Consumer Goods
• Telecommunications
• Transportation and Logistics
• Others

𝐌𝐨𝐫𝐞 𝐓𝐫𝐞𝐧𝐝𝐢𝐧𝐠 𝐋𝐚𝐭𝐞𝐬𝐭 𝐑𝐞𝐩𝐨𝐫𝐭𝐬 𝐛𝐲 𝐏𝐨𝐥𝐚𝐫𝐢𝐬 𝐌𝐚𝐫𝐤𝐞𝐭 𝐑𝐞𝐬𝐞𝐚𝐫𝐜𝐡:

Battery Management System Market: https://www.polarismarketresearch.com/industry-analysis/battery-management-system-market

Parking Management Systems Market: https://www.polarismarketresearch.com/industry-analysis/parking-management-systems-market

Over-The-Top Devices And Services Market: https://www.polarismarketresearch.com/industry-analysis/over-the-top-devices-and-services-market

Smart Parking Systems Market: https://www.polarismarketresearch.com/industry-analysis/smart-parking-systems-market

𝐂𝐨𝐧𝐭𝐚𝐜𝐭 𝐈𝐧𝐟𝐨:

Polaris Market Research
Phone: +1-929-297-9727
Email: sales@polarismarketresearch.com

𝐀𝐛𝐨𝐮𝐭 𝐔𝐬:

Polaris Market Research is a worldwide market research and consulting organization. We give unmatched nature of offering to our customers present all around the globe across industry verticals. Polaris Market Research has expertise in giving deep-dive market insight along with market intelligence to our customers spread crosswise over various undertakings. We at Polaris are obliged to serve our different client base present over the enterprises of medicinal services, healthcare, innovation, next-gen technologies, semi-conductors, chemicals, automotive, and aerospace & defence, among different ventures present globally.

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