Global Fog Computing Market, 2020-2027: Market to Reach $868.7 Million - Low Latency Requirement and Bandwidth Limitations of Apps Drive Demand
Dublin, March 08, 2021 (GLOBE NEWSWIRE) -- The "Fog Computing - Global Market Trajectory & Analytics" report has been added to ResearchAndMarkets.com's offering.
Global Fog Computing Market to Reach $868.7 Million by 2027
Amid the COVID-19 crisis, the global market for Fog Computing estimated at US$52.1 Million in the year 2020, is projected to reach a revised size of US$868.7 Million by 2027, growing at aCAGR of 49.5% over the period 2020-2027.
Hardware, one of the segments analyzed in the report, is projected to record 45.3% CAGR and reach US$284.7 Million by the end of the analysis period. After an early analysis of the business implications of the pandemic and its induced economic crisis, growth in the Software segment is readjusted to a revised 51.9% CAGR for the next 7-year period.
The U.S. Market is Estimated at $15.8 Million, While China is Forecast to Grow at 47.3% CAGR
The Fog Computing market in the U.S. is estimated at US$15.8 Million in the year 2020. China, the world`s second largest economy, is forecast to reach a projected market size of US$140.6 Million by the year 2027 trailing a CAGR of 47.3% over the analysis period 2020 to 2027. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 44% and 42.1% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 33.1% CAGR.
The report presents concise insights into how the pandemic has impacted production and the buy side for 2020 and 2021. A short-term phased recovery by key geography is also addressed.
Key Topics Covered:
I. INTRODUCTION, METHODOLOGY & REPORT SCOPE
II. EXECUTIVE SUMMARY
1. MARKET OVERVIEW
Fog Computing: A Market Insight
Rising Applications of IoT Play a Central Role in Expansion of Fog Computing
Healthcare Reimbursement Systems in the US Leaves a Major Impact on Fog Computing
Cloud Computing: An Overview
Global Competitor Market Shares
Fog Computing Competitor Market Share Scenario Worldwide (in %): 2019 & 2025
Global Mobile Edge Computing Market: Percentage Breakdown of Volume Sales by Leading Players
Impact of Covid-19 and a Looming Global Recession
2. FOCUS ON SELECT PLAYERS
ARM Ltd.
Cisco Systems, Inc.
Dell EMC
Fujitsu Ltd.
GE Digital
Intel Corporation
Microsoft Corporation
Nebbiolo Technologies, Inc.
PrismTech Corporation
Schneider Electric Software LLC
Toshiba Corporation
3. MARKET TRENDS & DRIVERS
Low Latency Requirement and Bandwidth Limitations of Apps Drive Demand for Fog Computing
Greater Awareness of Data Security and Real-Time Operations Propel Market Growth
Smart Manufacturing Application Dominates the Market
Growth in M2M Communication Offer Opportunities for Organizations to Adopt Fog Computing
Security, Privacy, and Authentication Issues: A Major Setback for Fog Computing
Inadequate Skilled Workforce and Lack of Standardization Limits the Market Growth
Fog Computing: Key Challenges
PRODUCT OVERVIEW
Fog Computing: A Definition
Fog Computing: Pros and Cons
Applications of Fog Computing
Key Difference: Fog Computing and Cloud Computing
4. GLOBAL MARKET PERSPECTIVE
Hardware (Offering) World Market by Region/Country in US$: 2020 to 2027
Software (Offering) Potential Growth Markets Worldwide in US$: 2020 to 2027
Building & Home Automation (Application) Global Market Estimates & Forecasts in US$ by Region/Country: 2020-2027
Smart Energy (Application) Demand Potential Worldwide in US$ by Region/Country: 2020-2027
Smart Manufacturing (Application) Worldwide Latent Demand Forecasts in US$ by Region/Country: 2020-2027
Transportation & Logistics (Application) Sales Estimates and Forecasts in US$ by Region/Country for the Years 2020-2027
Connected Health (Application) Global Opportunity Assessment in US$ by Region/Country: 2020-2027
Security & Emergencies (Application) Worldwide Sales in US$ by Region/Country: 2020-2027
III. MARKET ANALYSIS
GEOGRAPHIC MARKET ANALYSIS
Market Facts & Figures
Fog Computing Market Share (in %) by Company: 2019 & 2025
Market Analytics
Fog Computing Market Estimates and Projections in US$ by Offering: 2020 to 2027
Fog Computing Market Share Breakdown by Offering: 2020 VS 2027
Fog Computing Latent Demand Forecasts in US$ by Application: 2020 to 2027
Fog Computing Market Share Breakdown by Application: 2020 VS 2027
IV. COMPETITION
Total Companies Profiled: 42
For more information about this report visit https://www.researchandmarkets.com/r/oriukt
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