Future Prospects of Global Laboratory Proficiency Testing Market

Edge
computing is a method of improving cloud computing systems by processing data
at the network's edge, close to the data source. Edge computing's main
advantage is that it reduces operating time to milliseconds while also reducing
network burden. The transmission of vast amounts of data places a huge strain
on the network. Edge computing, instead of frequently broadcasting data across
the network, analyses all data at the edge of its source, analyses it, and
sends only important information on it. A smart thermostat, for example, only
sends data when the temperature exceeds or falls below permitted levels.
The spread
of Internet of Things (IoT) technology is one of the primary drivers driving
the global edge computing industry forward. The rising popularity of
smartphones, smart watches, and intelligent wearable gadgets, among other
things, is fueling demand for IoT technologies. According to Coherent Market
Insights, over 68 percent of the global population used a mobile phone in 2016,
with about 2.5 billion of those using smartphones.
Edge Computing Market: Regional
Insights
North
America, Europe, Asia-Pacific, Latin America, the Middle East, and Africa are
the regions that make up the global edge
computing market. During the projected period, the market for edge
computing in North America is expected to increase significantly. The
development of IT infrastructure that is compatible with 4G LTE and 5G networks
is credited with this rise. As a result, the adoption of broadband connectivity
accelerates, and the number of smartphone customers in the region rises.
According to Coherent Market Insights' estimate, over 88 percent of the United
States' population, or over 280 million people, had access to the Internet in
2016. Furthermore, roughly 78 percent of the US population was documented using
cellphones in November 2016. As a result of the rising demand for IoT
technology, the regional edge computing market is predicted to rise at a faster
rate.
Edge Computing Market |
Edge Computing Market: Competitive
Background
Microsoft Corporation, IBM Corporation, Cisco Systems Inc., Google Inc., Hewlett Packard Enterprise Company, Intel Corporation, Schneider Electric SE, Nokia Corporation, Huawei Technologies Co. Ltd., and Aricent Inc. are all major competitors in the worldwide edge computing market.
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