Fog Computing Industryembed
The factors driving the growth of the fog computing market are increasing applications of internet of things in smart energy, smart homes, smart manufacturing, and connected healthcare among others. Fog Computing Market, By Type (Hardware, Software)
Fog Computing Market -Forecast 2022 Fog Computing Market ReportForecast 2022 P a g e |1 Copyright © 2017 Market Research Future. Fog Computing Market -Forecast 2022 VIEW REPORTS SAMPLE REPORTS P a g e |2 Copyright © 2017 Market Research Future. Fog Computing Market -Forecast 2022 Summary The Fog Computing market is growing rapidly. Increased penetration of internet of things and growing demand of bring your own device is expected to drive the fog computing market globally. Fog computing enhances efficiency and supports in reducing the size of the data which would be uploaded to the cloud for the purpose of analysis, data processing and storage. It also helps in enhancing compliance and security for the end users. The factors driving the Fog Computing Market includes requirement of analytics at the edge of networks, limitation of bandwidth for IoT infrastructure and enhancement of real-time operations. Whereas, government standard for fog computing and lack of availability of technological skills in fog computing are factors which are restraining the fog computing market growth. Moreover, the raising demand of machine to machine communication and proliferation of smart sensors also exhibits as a major driver in the growth of the Fog Computing Market. It has been observed that connected devices and automation enabled by the IoT are used to streamline the processes that is further used to improve operational efficiencies and increase the productivity of the businesses by reducing the costs and increase output. Especially in case of industrial businesses fog computing is used for fast processing of data and for low latency consumption . P a g e |3 Copyright © 2017 Market Research Future. Fog Computing Market -Forecast 2022 Major Key Players: Market Research Future (MRFR) recognizes the following companies as the key players in the Fog Computing Market: – Cisco Systems Inc. (U.S.), Microsoft Corporation (U.S.), Dell Inc. (U.S.), Toshiba Corporation (Japan), Intel Corporation (U.S.), Fujitsu (Japan), ARM Ltd. (U.K.), Schneider Electric Software, LLC (Japan), PrismTech Corporation (U.S.), and Nebbiolo Technologies (U.S.) among others. P a g e |4 Copyright © 2017 Market Research Future. Fog Computing Market -Forecast 2022 Segmentation: The Fog Computing Market has been segmented on the basis of types and application. The revenue source comprises of hardware and software. The study indicates that the hardware would hold a major share in the fog computing market and software will grow at high CAGR in the Forecast period. The application verticals comprises of Smart Energy, Smart Buildings and Home Automation, Transportation, Healthcare, Smart Industries/Manufacturing among others. The study indicates that smart energy and smart manufacturing segment has a larger share in the fog computing market. P a g e |5 Copyright © 2017 Market Research Future. Fog Computing Market -Forecast 2022 Regional Analysis: The regional analysis of fog computing is being studied for region such as Asia pacific, North America, Europe and Rest of the World. It has been observed that North America would dominate the fog computing market owing to factors such as increasing adoption of internet of things in applications such as smart homes and connected healthcare. The various players contributing in the development of fog computing market are located in North America such as Cisco Systems Inc. (U.S.), Microsoft Corporation (U.S.), and Dell Inc. (U.S.) among others. Asia Pacific fog computing market is expected to show a positive growth over the forecast period owing to factors such as growing interest of the government, cloud and data centre companies, trade associations and non-governmental organizations towards cloud computing and digital economy. P a g e |6 Copyright © 2017 Market Research Future. Fog Computing Market -Forecast 2022 q (Germany) are focusing on the digital utilities transformation. P a g e |7 Copyright © 2017 Market Research Future.