Middle East and Africa Edge Computing Market to be at Forefront by 2023

ResearchMoz presents professional and in-depth study of "Middle East and Africa Edge Computing Market (2018-2023)".

Middle East and Africa Edge Computing Market

The Middle East and Africa edge computing market is expected to reach USD 1.46 Bn by 2023. It is expected to grow at a CAGR of 33%. Edge computing brings data processing nearer to IoT sensors to decrease latency and improve efficiency. The internet of things is driven by huge volumes of data evolving in our day-to-day lives. Collecting, sending, and processing massive quantities of data requires companies to act intelligently, quickly, and make better business decisions. Edge computing is a network of data centres that store, process data locally before sending them to the centres or cloud. It optimizes computing to avoid disruptions in sending and receiving data.

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The Middle East and Africa edge market is further classified into applications and end users. Based on applications, it is further sub-classified into smart cities, smart factories, connected healthcare, connected vehicles, smart grids, and others. Other applications include edge computing in gaming and e-commerce. Smart cities holds the largest market share. Smart factories is expected to grow at the highest CAGR. Manufacturers are keen to use real-time tracking as IOT enables them to control the supply chain. It incorporates automation and improves production efficiencies.

Based on end users industries, edge computing networks are used in the manufacturing sector, energy and utility sector, IT and telecommunication, healthcare and life sciences, and consumer appliances. The IT and telecommunication sector is expected to grab the largest market share, followed by the manufacturing sector. This sector is shifting toward digital technologies. The region is also planning to deploy 5G networks. The Ministry of Culture and Information in Saudi Arabia announced Al Khobar to be the first city to test 5G network. The region is gearing up to 5G deployment.
By regions, the market is divided into UAE, Saudi Arabia, and the rest of MEA. Countries like UAE, Saudi Arabia, are expected to lead in edge computing deployments owing to their advancements in connective devices.

Key growth factors

The Middle East and Africa is improving their data centre infrastructure as cloud computing is helping them drive business.
Edge computing is expected to provide immense opportunities for small and medium-size businesses to grow in this region.

Threats and key players

The crucial challenges faced by this region are lack of technical skill, security issues, and effective process to respond threat.
The key players in the Europe edge computing market are Cisco Systems, Inc, Microsoft Corporation, IBM, Google, and SAP.

Whats covered in the report?

1. Overview of the Middle East and Africa edge computing market.
2. The current and forecasted regional (UAE, Saudi Arabia, and rest of MEA) market size data for the Middle East and Africa edge computing market, based applications: smart cities, smart factories, connected healthcare, connected vehicle, smart grids, and other, based on end users industries: manufacturing, energy and utility, IT and telecommunication, healthcare and life science, consumer appliances, and transportation and logistics.
3. Market trends in the Middle East and Africa edge computing market.
4. Market drivers and challenges in the Middle East and Africa edge computing market.
5. Analysis of company profiles of major players operating in the market.

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Why buy?

1. Understand the demand for the Middle East and Africa edge computing market by applications and end user industries to determine the viability of the business.
3. Formulate a product market strategy based on the position in the value chain and determine the optimal product/service placement.
4. Identify the gap areas and address them.
5. Develop strategies based on the industries and economic factors for each of the segments.
6. Define the competitive positioning by comparing the products and services with the key players in the market.

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Major Advancements Of Edge Computing Market in Global Industry 2019-2023

ResearchMoz presents professional and in-depth study of "Global Markets and Technologies for Edge Computing Through 2023".

Summary

Before the concept of a centralized data processing architecture dependent on a cloud data center, much of the processing occurred locally. This method was more expensive and less flexible than cloud computing, but local processing provided faster response time and more compute power close to the application, enabling solid performance.

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With the move to cloud computing, most of the processing occurs at the data center, requiring the data to traverse multiple network interconnection points. These hops between internet nodes and gateways can lead to significant bottlenecks that increase latency, delaying application performance.

As the current generation of applications, including big data analytics, cognitive computing and the Internet of Things, require high bandwidth and low latency, the cloud model is causing performance degradation. Edge computing uses a new architecture to stage processing for part of the application workload closer to the user. Enabled by cloud technologies, edge computing provides local scaled-down network nodes and mini-data centers that can be deployed within a distributed infrastructure. The goal is the improve application performance without incurring the cost and inflexibility of local processing.

The market drivers of edge computing are creating new installations of software, hardware and network technologies at the edge of the network, resulting in a market of nearly REDACTED in 2018, growing to REDACTED in 2023 at a CAGR of REDACTED.

Reasons for Doing This Study

BCC Research believes the market for edge computing technologies represents a long-term trend that will transform the way networks are deployed. New networking systems and architectures will also enable the easier scaling and greater flexibility required by todays environment.

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Report Scope

The scope of this report covers the overall edge computing technologies market with market sizing and trends analysis for the most recently completed actuals for 2018 as well as forecasts, trends and compound annual growth rates (CAGRs) for 2018 through 2023. Specific segments within this scope are as follows:

Technology segments:
- Edge computing.
- Hardware.
- Software.
- Services.

The report will also segment revenue by end use in terms of:
- Cloud providers.
- Enterprises.

The industry sector applications revenue covered will be:
- Consumer Products.
- Energy.
- Financial Services.
- Government.
- Industrial.
- Materials.
- Retail.
- Telecommunications.
- Transportation.
- Utilities.

Report Includes

- 39 data tables
- An overview of the global markets for edge computing technologies
- Analyses of global market trends, with data from 2017, estimates for 2018, and projections of compound annual growth rates (CAGRs) through 2023

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- Explanation of major drivers and regional dynamics of the market and current trends within the industry
- Characterization and quantification of the market potential for managed IT services by region and product
- Company profiles of leading players in the market, including Arista Networks, Barracuda Networks, Lenovo, Western Digital, Oracle and Dell Inc.

For More Information Kindly Contact:

ResearchMoz
Mr. Nachiket Ghumare,
90 State Street, Albany NY, United States - 12207
Tel: +1-518-621-2074
USA-Canada Toll Free: 866-997-4948
Email: sales@researchmoz.us
Follow us on LinkedIn @ http://bit.ly/1TBmnVG
Follow me on : https://marketinfo247.wordpress.com/