Edge Computing and Cloud Computing Market was valued at USD 50 Billion in 2022 and is projected to reach USD 150 Billion by 2030, growing at a CAGR of 15% from 2024 to 2030.
In terms of cloud computing, businesses embraced hybrid cloud solutions, combining on-premise infrastructure with cloud services, to maintain flexibility and security. Edge computing, on the other hand, gained traction for its ability to support applications that require high-speed data processing, particularly in environments where internet connectivity is limited or unreliable. By 2022, the global edge computing market had grown to be a multi-billion-dollar industry, with various technological giants investing heavily in infrastructure to meet the needs of an increasingly data-driven world.
Looking forward to 2023-2033, the landscape of Edge Computing and Cloud Computing will undergo significant transformation. The next decade will see greater integration between edge and cloud solutions, with more companies adopting multi-cloud strategies to avoid vendor lock-ins and ensure resilience. The demand for AI and machine learning applications will be a key driver in this shift, as these technologies require powerful cloud platforms and edge devices to process large datasets in real time. The evolution of 5G networks will also play a pivotal role in accelerating this demand, enabling faster communication between devices and improving overall system performance.
Get an In-Depth Research Analysis of the Global Edge Computing and Cloud Computing Market Size And Forecast [2025-2032]
From 2018 to 2022, the Edge Computing and Cloud Computing market experienced remarkable growth, driven by advancements in technology and the increasing demand for faster data processing. The growth was largely fueled by the exponential increase in data generation from IoT devices, the expansion of cloud-based applications, and the need for real-time data analytics. Companies across various industries, such as healthcare, retail, manufacturing, and finance, saw a shift towards leveraging cloud platforms and edge computing for improved operational efficiency and enhanced customer experiences. As the world became more interconnected, the demand for low-latency solutions and the ability to process data closer to the source became more crucial than ever.
IBM
Microsoft
Amazon Web Services
Dell
Cisco
HPE
Huawei
Lenovo
Nokia
Fujitsu
Gigabyte Technology
GE
ADLINK
Advantech
Atos
Litmus Automation
By the year 2030, the scale for growth in the market research industry is reported to be above 120 billion which further indicates its projected compound annual growth rate (CAGR), of more than 5.8% from 2023 to 2030. There have also been disruptions in the industry due to advancements in machine learning, artificial intelligence and data analytics There is predictive analysis and real time information about consumers which such technologies provide to the companies enabling them to make better and precise decisions. The Asia-Pacific region is expected to be a key driver of growth, accounting for more than 35% of total revenue growth. In addition, new innovative techniques such as mobile surveys, social listening, and online panels, which emphasize speed, precision, and customization, are also transforming this particular sector.
Get Discount On The Purchase of the Global Edge Computing and Cloud Computing Market Size And Forecast [2025-2032]
Growing demand for below applications around the world has had a direct impact on the growth of the Global Edge Computing and Cloud Computing Market
Transportation and Logistics
Manufacturing
Energy and Utilities
Healthcare and Life Sciences
IT and Telecom
Others
Based on Types the Market is categorized into Below types that held the largest Edge Computing and Cloud Computing market share In 2023.
Edge Computing
Cloud Computing
Global (United States, Global and Mexico)
Europe (Germany, UK, France, Italy, Russia, Turkey, etc.)
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
South America (Brazil, Argentina, Columbia, etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
For More Information or Query, Visit @ Edge Computing and Cloud Computing Market Research Analysis
1. Introduction of the Global Edge Computing and Cloud Computing Market
Overview of the Market
Scope of Report
Assumptions
2. Executive Summary
3. Research Methodology of Verified Market Reports
Data Mining
Validation
Primary Interviews
List of Data Sources
4. Global Edge Computing and Cloud Computing Market Outlook
Overview
Market Dynamics
Drivers
Restraints
Opportunities
Porters Five Force Model
Value Chain Analysis
5. Global Edge Computing and Cloud Computing Market, By Type
6. Global Edge Computing and Cloud Computing Market, By Application
7. Global Edge Computing and Cloud Computing Market, By Geography
Global
Europe
Asia Pacific
Rest of the World
8. Global Edge Computing and Cloud Computing Market Competitive Landscape
Overview
Company Market Ranking
Key Development Strategies
9. Company Profiles
10. Appendix
About Us: Verified Market Reports
Verified Market Reports is a leading Global Research and Consulting firm servicing over 5000+ global clients. We provide advanced analytical research solutions while offering information-enriched research studies. We also offer insights into strategic and growth analyses and data necessary to achieve corporate goals and critical revenue decisions.
Our 250 Analysts and SMEs offer a high level of expertise in data collection and governance using industrial techniques to collect and analyze data on more than 25,000 high-impact and niche markets. Our analysts are trained to combine modern data collection techniques, superior research methodology, expertise, and years of collective experience to produce informative and accurate research.
Contact us:
Mr. Edwyne Fernandes
US: +1 (650)-781-4080
US Toll-Free: +1 (800)-782-1768
Website: https://www.verifiedmarketreports.com/