Edge Computing Infrastructure to Increase 50% by 2024, per Research
July 30, 2019
Product
Edge computing server shipments are projected to grow at a 50 percent CAGR over the next five years, to 74,000 units accounting for more than 3 million CPU and GPU cores in 2024.
A new report from Mobile Experts reviews five different business models for edge computing based on recent investments in low latency and cloud services. Edge computing server shipments are projected to grow at a 50 percent CAGR over the next five years, to 74,000 units accounting for more than 3 million CPU and GPU cores in 2024.
The total addressable market for this edge computing equipment, which consists of distributed cloud edge nodes and near-edge data centers, is valued at just under $2 billion at the end of the sample period. The advancement in low-latency infrastructure will enable enterprises to serve application areas ranging from industrial automation to consumer gaming and AR/VR, while cloud providers will be able to support larger IT workloads using public or on-premise networks.
Use cases outlined in the report include private LTE/5G, cloud gaming, and other edge computing applications.
For more information, you can preview the Edge Computing for Enterprises 2019 report at mobile-experts.net/Home/Report/1152.