FOG COMPUTING MARKET ANALYSIS

Fog Computing Market , By Solutions (Hardware, Software), By End Use (Building & Home Automation, Smart Energy, Smart Manufacturing, Others), By Application (Smart Grid, Smart Traffic Lights, Wireless Sensors) - Global Industry Insights, Trends, Outlook, and Opportunity Analysis, 2022-2028

To Be Published : Dec 2024
Code : CMI807
Formats :
Excel and PDF
Industry : Information and Communication Technology

Regional Analysis

The U.S. dominated overall fog computing market share, owing to the high adoption in the country

Major investment in the R&D activities in the region, primarily in the automotive segment is expected to fuel the industry growth. The government has introduced a number of initiatives to revolutionize the automotive technologies, so as to reduce the number of road accidents and fatalities. Introduction of V2V communication, and V2I communication (or V2X) technologies are few of the initiatives in the process, which is expected to provide considerable growth prospects over the forecast period. The exponential rate of urbanization and industrialization in the Asia Pacific countries such as China, India, Indonesia, Thailand, Malaysia, South Korea, and Japan are expected to provide growth opportunities to key players in the market.