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As per research by Grand View Research, the global edge computing market, comprising hardware, software, service and edge-managed platforms, is expected to grow @54% CAGR to cross $28 billion by 2025. North America has the largest market share; however, APAC region is the fastest growing.

India too is emerging as a hub for edge services delivery: edge CDNs (content delivery networks) being set up; AWS recently added two edge locations in India. Reliance Jio has also entered the edge CDN space for enhancing video experience.

Many of the integrated technology players have built/are in the process of building an edge business as part of their service/product offerings. Currently, edge computing does not feature as an independent revenue stream for most. It is a component of an integrated solution and as such, is part of the IoT business (from a device perspective) and also of the infrastructure business (cloud/datacenter).

India also has a fairly active startup ecosystem for edge business. In our report, Edge Computing: Towards a More Distributed Future”, we have featured about 25 startups that are focused on edge-native or edge-enabled products and services. With 350+ startups in India focused on IoT, the stage is set for India to take a lead in edge computing.

During our discussions with technology players, some of the emerging trends in edge computing market include the following:

What can no longer be ignored is that edge is here to stay. As the advanced version of IoT embedded with smart features, edge computing is showing tremendous potential and as Forrester Research put it – 2020 is set to be a “breakout year” for edge computing technology.

For more insights on how India’s technology players are setting themselves up for this opportunity, please read our report: Edge Computing: Towards a More Distributed Future, Nov 2019

The post EDGE COMPUTING – KEY TRENDS appeared first on NASSCOM Community |The Official Community of Indian IT Industry.

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