Edge Computing Market: Regional Insights
The global edge computing market has been segmented on the basis of regions into North America, Europe, Asia-Pacific, Latin America, and Middle East, and Africa. The market for edge computing in North America is expected to witness significant growth during the forecast period. This growth is attributed to developing IT infrastructure, which is compatible with 4G LTE and 5G networks. This in turn, propels the adoption of broadband connectivity and increases the number of smartphones subscribers in this region. According to Coherent Market Insights’ analysis, in 2016, over 88% of the U.S. population had access to the Internet, which accounts for around 280 million of the U.S. population. Furthermore, in November 2016, around 78% of the U.S. population were recorded using smartphones. This indicates increasing demand for IoT technology, which in turn, is expected to boost growth of the regional edge computing market.
Geographies Covered:
North America, Europe, Asia-Pacific, Latin America, Middle East, and Africa.
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