According to Organic Market Research, Europe Edge Computing Market Share was USD 2.95 billion in 2023 and the market is projected to touch USD 34.93 billion by 2032, at a CAGR of 36.2% during the forecast period. The market is expected to continue its upward trajectory, fueled by the increasing adoption of IoT devices, the rollout of 5G networks, and the growing need for real-time data processing across industries. Edge computing will play a vital role in enabling future technologies like autonomous systems, AI-driven applications, and smart infrastructure.
The Europe Edge Computing Market Size is witnessing rapid growth as businesses, industries, and governments embrace digital transformation, advanced technologies, and the need for real-time data processing. Edge computing allows data to be processed closer to the source, reducing latency and bandwidth usage, and enabling faster decision-making. This makes it ideal for industries such as telecommunications, manufacturing, healthcare, and smart cities, which require immediate data insights.
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Market Segmentation
By Organization Size
- Large Enterprises
- Small and Medium-sized Enterprises (SMEs)
By Component
- Software
- Hardware
- Services
By End-use
- Retail and Consumer Goods
- Transportation and Logistics
- Manufacturing
- Energy and Utilities
- Government and Defense
- BFSI
- Telecommunications
- Media and Entertainment
- Healthcare and Life Sciences
- Others
Customization Scope
- Available upon request
Pricing
- Available upon request
Related Report
Europe Edge Computing Market Scope
Key Players in the Market
The major players in the market are IBM Corporation, Cisco Systems, Inc., Hewlett Packard Enterprise Company, Atos SE, SAP SE, Dell Technologies Inc., Intel Corporation, Microsoft Corporation, Oracle Corporation, and Siemens AG.
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