Wednesday, July 2, 2025
  • About Web3Wire
  • Web3Wire NFTs
  • .w3w TLD
  • $W3W Token
  • Web3Wire DAO
  • Media Network
  • RSS Feed
  • Contact Us
Web3Wire
No Result
View All Result
  • Home
  • Web3
    • Latest
    • AI
    • Business
    • Blockchain
    • Cryptocurrencies
    • Decentralized Finance
    • Metaverse
    • Non-Fungible Token
    • Press Release
  • Technology
    • Consumer Tech
    • Digital Fashion
    • Editor’s Choice
    • Guides
    • Stories
  • Coins
    • Top 10 Coins
    • Top 50 Coins
    • Top 100 Coins
    • All Coins
  • Exchanges
    • Top 10 Crypto Exchanges
    • Top 50 Crypto Exchanges
    • Top 100 Crypto Exchanges
    • All Crypto Exchanges
  • Stocks
    • Blockchain Stocks
    • NFT Stocks
    • Metaverse Stocks
    • Artificial Intelligence Stocks
  • Events
  • News
    • Latest Crypto News
    • Latest DeFi News
    • Latest Web3 News
  • Home
  • Web3
    • Latest
    • AI
    • Business
    • Blockchain
    • Cryptocurrencies
    • Decentralized Finance
    • Metaverse
    • Non-Fungible Token
    • Press Release
  • Technology
    • Consumer Tech
    • Digital Fashion
    • Editor’s Choice
    • Guides
    • Stories
  • Coins
    • Top 10 Coins
    • Top 50 Coins
    • Top 100 Coins
    • All Coins
  • Exchanges
    • Top 10 Crypto Exchanges
    • Top 50 Crypto Exchanges
    • Top 100 Crypto Exchanges
    • All Crypto Exchanges
  • Stocks
    • Blockchain Stocks
    • NFT Stocks
    • Metaverse Stocks
    • Artificial Intelligence Stocks
  • Events
  • News
    • Latest Crypto News
    • Latest DeFi News
    • Latest Web3 News
No Result
View All Result
Web3Wire
No Result
View All Result
Home Artificial Intelligence

Edge Computing in IoT Market to Witness Explosive Growth, Reaching US$ 38.83 Bn by 2031 | TMR Study

December 21, 2024
in Artificial Intelligence, OpenPR
Reading Time: 6 mins read
5
SHARES
244
VIEWS
Share on TwitterShare on LinkedInShare on Facebook

The global Edge Computing in IoT market is set to experience unprecedented growth, with its valuation expected to soar from US$ 2.55 billion in 2022 to an astounding US$ 38.83 billion by 2031, registering a remarkable compound annual growth rate (CAGR) of 35.6% during the forecast period of 2023-2031. This transformative market is being driven by rapid advancements in Internet of Things (IoT) technologies, increased demand for real-time data processing, and the need for reduced latency in critical applications.

Market Overview: Edge computing in IoT is revolutionizing industries by enabling data processing closer to the source, thus addressing challenges associated with centralized data management. By reducing latency, enhancing security, and ensuring faster decision-making, edge computing is becoming a cornerstone technology for modern IoT applications. The market encompasses key components such as hardware, software, and services, catering to diverse end-user industries, including manufacturing, healthcare, retail, transportation, energy, and utilities.

Explore pivotal insights and conclusions from our Report in this sample – https://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=85551

Key Drivers of Growth

The global Edge Computing in IoT market is being propelled by several key factors:
1. Rising Adoption of IoT Devices: The proliferation of IoT devices across industries has necessitated efficient and decentralized data processing solutions, driving the adoption of edge computing.
2. Demand for Real-time Data Processing: Industries such as healthcare and transportation require real-time insights for critical operations, where edge computing plays a pivotal role.
3. Increasing Focus on Data Security and Privacy: By processing data locally, edge computing reduces the vulnerabilities associated with transferring sensitive information to centralized cloud systems, thus addressing security concerns.
4. Growth in 5G Network Deployments: The rollout of 5G networks has unlocked new possibilities for IoT applications, further boosting the need for edge computing solutions to leverage the high-speed, low-latency capabilities of 5G.

Market Challenges and Opportunities

Despite its promising growth, the Edge Computing in IoT market faces challenges such as high implementation costs and complexities associated with integrating edge solutions into legacy systems. However, these challenges present opportunities for innovation, particularly in developing cost-effective, scalable solutions tailored to specific industry needs. Furthermore, partnerships between edge computing solution providers and IoT hardware manufacturers are expected to drive market expansion.

Market Trends:

Key trends shaping the market include:
Integration of AI and machine learning capabilities with edge computing to enable predictive analytics and autonomous decision-making.
Growing focus on edge-as-a-service models, allowing businesses to leverage edge computing without significant upfront investments.
Increased adoption of containerization technologies for seamless deployment and scalability of edge applications.

Explore our report to uncover in-depth insights – https://www.transparencymarketresearch.com/edge-computing-in-iot-market.html

Regional Analysis

The Edge Computing in IoT market is experiencing robust growth across all major regions:
• North America: Leading the global market, North America benefits from a strong presence of tech giants and early adoption of advanced IoT and edge computing technologies.
• Europe: The region is witnessing significant growth, driven by advancements in Industry 4.0 initiatives and increasing investments in IoT infrastructure.
• Asia Pacific: This region is expected to register the highest CAGR during the forecast period, fueled by the rapid digital transformation in countries such as China, India, and Japan.
• Latin America and Middle East & Africa: Emerging economies in these regions are investing in IoT and edge computing to enhance operational efficiencies in industries such as energy, utilities, and transportation.

Market Segmentation

The market is segmented based on components and end-user industries:
1. By Component:
o Hardware
o Software
o Services
2. By End-user:
o Manufacturing
o Healthcare
o Retail & Consumer Goods
o Transportation & Logistics
o Energy & Utilities
o Others

Key Players

Prominent companies driving innovation in the Edge Computing in IoT market include:
Microsoft Corporation, Amazon Web Services, Inc., Google LLC, Dell Inc., Cisco Systems, Inc., IBM Corporation, NVIDIA Corporation, Intel Corporation, Huawei Technologies Co., Ltd., Siemens, VMware, Inc., Schneider Electric, Red Hat, Inc.

Future Outlook

As industries across the globe continue to embrace IoT technologies, the demand for edge computing solutions is set to skyrocket. With its ability to address latency, scalability, and security concerns, edge computing will remain a critical enabler of digital transformation in the years to come. By 2031, the market is poised to redefine operational efficiencies, paving the way for innovative applications in smart cities, autonomous vehicles, and beyond.

Browse More Trending Research Reports:

AR and VR in Training Market: https://www.transparencymarketresearch.com/ar-and-vr-in-training-market.html

Sales Gamification Software Market: https://www.transparencymarketresearch.com/sales-gamification-software-market.html

About Transparency Market Research

Transparency Market Research, a global market research company registered at Wilmington, Delaware, United States, provides custom research and consulting services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insights for thousands of decision makers. Our experienced team of Analysts, Researchers, and Consultants use proprietary data sources and various tools & techniques to gather and analyses information.
Our data repository is continuously updated and revised by a team of research experts, so that it always reflects the latest trends and information. With a broad research and analysis capability, Transparency Market Research employs rigorous primary and secondary research techniques in developing distinctive data sets and research material for business reports.

Contact:

Transparency Market Research Inc.
CORPORATE HEADQUARTER DOWNTOWN,
1000 N. West Street,
Suite 1200, Wilmington, Delaware 19801 USA
Tel: +1-518-618-1030
USA – Canada Toll Free: 866-552-3453
Website: https://www.transparencymarketresearch.com
Email: sales@transparencymarketresearch.com
Follow Us: LinkedIn| Twitter| Blog | YouTube

This release was published on openPR.

About Web3Wire
Web3Wire – Information, news, press releases, events and research articles about Web3, Metaverse, Blockchain, Artificial Intelligence, Cryptocurrencies, Decentralized Finance, NFTs and Gaming.
Visit Web3Wire for Web3 News and Events, Block3Wire for the latest Blockchain news and Meta3Wire to stay updated with Metaverse News.
ShareTweet1ShareSendShare2
Previous Post

Global Video-on-Demand (VoD) Market Set to Surge with a CAGR of 20.5%, Reaching $501.3 Billion by 2031 | TMR Analysis

Next Post

IoT Software Engineering Market to Skyrocket: Projected to Reach $1.8 Trillion by 2031 | TMR Analysis

Related Posts

New Unstoppable Powered .cgAI TLD Launches As CrowdGen AI Helps AI Creators Assert Ownership with Invisible Watermarking Tools

Unstoppable Domains, a leader in onchain domains, today announced the launch of .cgai, a new top-level domain (TLD) tailored for the AI community, at the ethCC conference in Cannes, France. Created in collaboration with blockchain security firm CrowdGen AI, .cgai offers a powerful combination of identity signaling and access to...

Read moreDetails

Rival Launches ROSI: First-of-Its-Kind Conversational AI Agent for HR and Employees

CHICAGO, IL / ACCESS Newswire / July 1, 2025 / Today, Rival unveiled ROSI (Rival OS Intelligence), the first enterprise-ready conversational AI agent built specifically to support both HR teams and employees directly inside Rival Workflow. ROSIRival Launches ROSI Unlike generic chatbots or retrofitted tools, ROSI is purpose-built to understand...

Read moreDetails

2CRSi SA: 2CRSi has Submitted the Application of the European Consortium ÆTHER to Develop an ‘AI Gigafactory’ in the Heart of Europe – the First with a Net-Negative Carbon Footprint

STRASBOURG, FRANCE / ACCESS Newswire / July 1, 2025 / 2CRSi (ISIN code: FR0013341781), a designer and manufacturer of high-performance, energy-efficient servers, announces that it has submitted, on behalf of a consortium of European industrial players, the application for a project named ÆTHER in response to the call for expressions...

Read moreDetails

DoubleTrack Welcomes Insight Works.ai, Adds Data-First Capabilities to Enhance Salesforce Consulting

Salesforce MVP Hall of Fame inductee Andy Boettcher's company joins with DoubleTrack to give customers data expertise that feeds in and around Salesforce applications. EDEN PRAIRIE, MINNESOTA / ACCESS Newswire / July 1, 2025 / DoubleTrack, a leading Salesforce consulting firm founded in 2018 with deep expertise in lead-to-cash and...

Read moreDetails

The Surge Of Remote Learning Trends And The Unprecedented Growth Of The E-Learning Market: Strategic Insights Driving E-Learning Market Momentum in 2025

E-Learning Stay ahead with our updated market reports featuring the latest on tariffs, trade flows, and supply chain transformations.How Large Will the E-Learning Market Size By 2025?The size of the e-learning market has seen rapid expansion in recent times. It's projected to escalate from $314.03 billion in 2024 to $354.71...

Read moreDetails

2025-2034 Digital Shipyard Market Roadmap: Insights for Competitive Advantage

Digital Shipyard Stay ahead with our updated market reports featuring the latest on tariffs, trade flows, and supply chain transformations.How Large Will the Digital Shipyard Market Size By 2025?Recent years have seen a swift growth in the size of the digital shipyard market. The market, which was at $1.42 billion...

Read moreDetails

Surging Demand In Oil & Gas And Power Industries Propels Growth In The Control Valve Market: Strategic Insights Driving Control Valve Market Momentum in 2025

Control Valve Stay ahead with our updated market reports featuring the latest on tariffs, trade flows, and supply chain transformations.How Large Will the Control Valve Market Size By 2025?In recent times, the market size for control valves has seen a quick expansion. The rapid growth is projected to escalate from...

Read moreDetails

Computerized Maintenance Management System Market Expected to Achieve 12.2% CAGR by 2029: Growth Forecast Insights

Computerized Maintenance Management System Stay ahead with our updated market reports featuring the latest on tariffs, trade flows, and supply chain transformations.How Large Will the Computerized Maintenance Management System Market Size By 2025?The market size of the computerized maintenance management system has seen substantial growth in the past few years....

Read moreDetails

Rising Smartphone Popularity Fuels Growth In The Chemical Mechanical Planarization Market Driving Market Acceleration in the Chemical Mechanical Planarization Industry, 2025

Chemical Mechanical Planarization Stay ahead with our updated market reports featuring the latest on tariffs, trade flows, and supply chain transformations.How Large Will the Chemical Mechanical Planarization Market Size By 2025?The size of the chemical mechanical planarization market has witnessed significant growth over the past few years. It is anticipated...

Read moreDetails

The Surge In Autonomous Cars Fuels Growth In The Car Audio Market: Strategic Insights Driving Car Audio Market Momentum in 2025

Car Audio Stay ahead with our updated market reports featuring the latest on tariffs, trade flows, and supply chain transformations.How Large Will the Car Audio Market Size By 2025?In recent years, the car audio market has seen significant growth. It is predicted to expand from $10.28 billion in 2024 to...

Read moreDetails
Web3Wire NFTs - The Web3 Collective

Web3Wire, $W3W Token and .w3w tld Whitepaper

Web3Wire, $W3W Token and .w3w tld Whitepaper

Claim your space in Web3 with .w3w Domain!

Web3Wire

Trending on Web3Wire

  • Top Cross-Chain DeFi Solutions to Watch by 2025

    38 shares
    Share 15 Tweet 10
  • Unifying Blockchain Ecosystems: 2024 Guide to Cross-Chain Interoperability

    67 shares
    Share 27 Tweet 17
  • Discover 2025’s Top 5 Promising Low-Cap Crypto Gems

    57 shares
    Share 23 Tweet 14
  • Top 5 Wallets for Seamless Multi-Chain Trading in 2025

    36 shares
    Share 14 Tweet 9
  • Web 3.0 Market Report 2025-2034: Industry Overview, Trends, And Forecast Analysis

    6 shares
    Share 2 Tweet 2
Join our Web3Wire Community!

Our newsletters are only twice a month, reaching around 10000+ Blockchain Companies, 800 Web3 VCs, 600 Blockchain Journalists and Media Houses.


* We wont pass your details on to anyone else and we hate spam as much as you do. By clicking the signup button you agree to our Terms of Use and Privacy Policy.

Web3Wire Podcasts

Upcoming Events

Web 3.0 and AI Summit 2025

2025-09-11
Frankfurt
Summit

Latest on Web3Wire

  • New Unstoppable Powered .cgAI TLD Launches As CrowdGen AI Helps AI Creators Assert Ownership with Invisible Watermarking Tools
  • Rival Launches ROSI: First-of-Its-Kind Conversational AI Agent for HR and Employees
  • 2CRSi SA: 2CRSi has Submitted the Application of the European Consortium ÆTHER to Develop an ‘AI Gigafactory’ in the Heart of Europe – the First with a Net-Negative Carbon Footprint
  • DoubleTrack Welcomes Insight Works.ai, Adds Data-First Capabilities to Enhance Salesforce Consulting
  • The Surge Of Remote Learning Trends And The Unprecedented Growth Of The E-Learning Market: Strategic Insights Driving E-Learning Market Momentum in 2025

RSS Latest on Block3Wire

  • Covo Finance: Revolutionary Crypto Leverage Trading Platform
  • WorldStrides and HEX Announce Partnership to Offer High School and University Students Innovative Courses Designed to Improve Their Outlook in the Digital Age
  • Cathedra Bitcoin Announces Leasing of 2.5-MW Bitcoin Mining Facility
  • Global Web3 Payments Leader, Banxa, Announces Integration With Metis to Usher In Next Wave of Cryptocurrency Users
  • Dexalot Launches First Hybrid DeFi Subnet on Avalanche

RSS Latest on Meta3Wire

  • Thumbtack Honored as a 2023 Transform Awards Winner
  • Accenture Invests in Looking Glass to Accelerate Shift from 2D to 3D
  • MetatronAI.com Unveils Revolutionary AI-Chat Features and Interface Upgrades
  • Purely.website – Disruptive new platform combats rising web hosting costs
  • WEMADE and Metagravity Sign Strategic Alliance MOU to Collaborate on Blockchain Games for the Metaverse
Web3Wire

Web3Wire is your go-to source for the latest insights and updates in Web3, Metaverse, Blockchain, AI, Cryptocurrencies, DeFi, NFTs, and Gaming. We provide comprehensive coverage through news, press releases, event updates, and research articles, keeping you informed about the rapidly evolving digital world.

  • About Web3Wire
  • Web3Wire NFTs – The Web3 Collective
  • .w3w TLD
  • $W3W Token
  • Web3Wire DAO
  • Event Partners
  • Community Partners
  • Our Media Network
  • Media Kit
  • RSS Feeds
  • Contact Us

Whitepaper | Tokenomics

Crypto Coins

  • Top 10 Coins
  • Top 50 Coins
  • Top 100 Coins
  • All Coins – Marketcap
  • Crypto Coins Heatmap

Crypto Exchanges

  • Top 10 Exchanges
  • Top 50 Exchanges
  • Top 100 Exchanges
  • All Crypto Exchanges

Crypto Stocks

  • Blockchain Stocks
  • NFT Stocks
  • Metaverse Stocks
  • Artificial Intelligence Stocks

Media Portfolio: Block3Wire | Meta3Wire

Web3 Resources

  • Top Web3 and Crypto Youtube Channels
  • Latest Crypto News
  • Latest DeFi News
  • Latest Web3 News

Blockchain Resources

  • Blockchain and Web3 Resources
  • Decentralized Finance (DeFi) – Research Reports
  • All Crypto Whitepapers

Metaverse Resources

  • AR VR and Metaverse Resources
  • Metaverse Courses
Claim your space in Web3 with .w3w!
Top 50 Web3 Blogs and Websites
Web3Wire Podcast on Spotify Web3Wire Podcast on Amazon Music 
Web3Wire - Web3 and Blockchain - News, Events and Press Releases | Product Hunt
Web3Wire on Google News
  • Privacy Policy
  • Terms of Use
  • Disclaimer
  • Sitemap
  • For Search Engines
  • Crypto Sitemap
  • Exchanges Sitemap

© 2024 Web3Wire. We strongly recommend our readers to DYOR, before investing in any cryptocurrencies, blockchain projects, or ICOs, particularly those that guarantee profits.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In

Add New Playlist

No Result
View All Result
  • Coins
    • Top 10 Cryptocurrencies
    • Top 50 Cryptocurrencies
    • Top 100 Cryptocurrencies
    • All Coins
  • Exchanges
    • Top 10 Cryptocurrency Exchanges
    • Top 50 Cryptocurrency Exchanges
    • Top 100 Cryptocurrency Exchanges
    • All Crypto Exchanges
  • Stocks
    • Blockchain Stocks
    • NFT Stocks
    • Metaverse Stocks
    • Artificial Intelligence Stocks

© 2024 Web3Wire. We strongly recommend our readers to DYOR, before investing in any cryptocurrencies, blockchain projects, or ICOs, particularly those that guarantee profits.

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.