Posts

Showing posts with the label Edge Data Center Market 2030

Edge Data Center Market Size Is Projected To Reach USD 34.91 Billion By 2030

Image
  San Francisco, 17 March 2023:  The Report   Edge Data Center Market  Size, Share & Trends Analysis Report By Component (Solution, Service), By Facility Size (Small & Medium Facility, Large Facility), By End-use Industry, By Region, And Segment Forecasts, 2022 - 2030 The global edge data center market size is anticipated to reach USD 34.91 billion by 2030, according to a new report by Grand View Research, Inc. The market is expected to expand at a CAGR of 17.9% from 2022 to 2030. Increasing adoption of the internet of things across various end-use industries, the rapid growth of mobile and IoT applications, and the rising popularity of online streaming and e-commerce services are major drivers of the market. It is anticipated that factors including the increasing adoption of 5G technology to improve communication, rising spending on data center technology, increasing demand to reduce data center complexity, and development in the AR/VR technology will also contribute to the ma