Fog Computing Industry

Fog Computing Market -Forecast 2022
Fog Computing Market ReportForecast 2022
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Fog Computing Market -Forecast 2022
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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
.
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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.
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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.
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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.
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Fog Computing Market -Forecast 2022
q (Germany) are focusing on the digital utilities transformation.
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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), By Application (Smart Energy, Smart Buildings and Home Automation, Transportation, Healthcare, Smart Manufacturing) by Forecast 2022

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