Telecoms.com periodically invites expert third parties to share their views on the industry’s most pressing issues. In this piece Francesca Greane, Marketing, Content and Community Lead for The Edge Event, discusses the evolving edge computing ecosystem.
It’s been predicted that the edge market is headed for strong growth over the next few years. For example, the global revenue for edge devices and edge networks deployed for AI will reach $827.6 billion by 2025, up from $127.5 billion in 2019, with revenue expanding at a compound annual growth rate (CAGR) of approximately 37 percent (Omdia, 2020).
One of the reasons for this is the sheer amount of data that we around the world are producing.
Edge computing as a field exploits computing at local and edge locations before typically connecting and communicating with the cloud. Often this has to do with the sheer volume of data generated at the edge and which would not be feasible or sensible to send to the cloud when it can be first processed at source before sending select data to the cloud (Omdia, 2019). Thus, as the amount of data grows, so too does the edge computing market.
But where does the future of this market lie? The new decade has been earmarked as a key turning point for edge computing and those already in the know are anticipating an explosion of edge interest, deployments and solutions, but what does this mean for those in the industry?
Enterprises, telcos and data centre operators alike are looking to define their place in this evolving ecosystem.
Partnering with research powerhouse, Omdia, we’re looking to define the trends, challenges and opportunities that are shaping the evolving ecosystem we all operate in, including:
- Edge computing launch dates globally
- Key reasons for the launch of Edge Computing
- Most compelling features of edge services
- Main challenges faces
- Revenue potential by industry vertical
- Top Edge Computing use cases around the globe
- Countries leading Edge Computing across the world
You can have your say on the evolving Edge Computing ecosystem by taking ten minutes to answer the survey now. To say thank you, all respondents will receive a free copy of the final Omdia Market Report, which will provide insights into the emerging edge computing trends.