Fog Computing Industry Trends, Information, Manufacturing, Analysis and Forecasts 2025
The global Fog Computing Market size was estimated at USD 9.33 million in 2016 and is anticipated to reach USD 617.3 million by 2025. Fog computing, also termed as “edge computing” or “fogging” in association with cloud emphasis helps in faster decision-making strictly with computations on cognizable data by deployment of fog nodes close to Internet of Things (IoT) aided devices, placed anywhere in the network trajectory either on a factory floor,”
The global Fog Computing Market size was estimated at USD 9.33 million in 2016 and is anticipated to reach USD 617.3 million by 2025. Fog computing, also termed as “edge computing” or “fogging” in association with cloud emphasis helps in faster decision-making strictly with computations on cognizable data by deployment of fog nodes close to Internet of Things (IoT) aided devices, placed anywhere in the network trajectory either on a factory floor,”
Create successful ePaper yourself
Turn your PDF publications into a flip-book with our unique Google optimized e-Paper software.
<strong>Fog</strong> <strong>Computing</strong> <strong>Industry</strong> <strong>Trends</strong>, <strong>Information</strong>, <strong>Manufacturing</strong>,<br />
<strong>Analysis</strong> <strong>and</strong> <strong>Forecasts</strong> <strong>2025</strong><br />
“The global <strong>Fog</strong> <strong>Computing</strong> Market size was estimated at USD 9.33 million in<br />
2016 <strong>and</strong> is anticipated to reach USD 617.3 million by <strong>2025</strong>. <strong>Fog</strong> computing,<br />
also termed as “edge computing” or “fogging” in association with cloud<br />
emphasis helps in faster decision-making strictly with computations on<br />
cognizable data by deployment of fog nodes close to Internet of Things (IoT)<br />
aided devices, placed anywhere in the network trajectory either on a factory<br />
floor,”<br />
The global <strong>Fog</strong> <strong>Computing</strong> Market size was estimated at USD 9.33 million in 2016 <strong>and</strong> is anticipated to reach<br />
USD 617.3 million by <strong>2025</strong>. <strong>Fog</strong> computing, also termed as “edge computing” or “fogging” in association with<br />
cloud emphasis helps in faster decision-making strictly with computations on cognizable data by deployment of<br />
fog nodes close to Internet of Things (IoT) aided devices, placed anywhere in the network trajectory either on a<br />
factory floor, top of a power pole or an oil rig, subject having connectivity, computational <strong>and</strong> storage<br />
imperatives.<br />
The primary drivers for fog computing market are inundation of IoT devices with parallel IoT connectivity,<br />
subsequent growth in cloud computing market size <strong>and</strong> Machine to machine (M-M) connectivity. The factors<br />
driving the fog computing market size include computational power speed, increased operational efficiency <strong>and</strong><br />
cost savings across all verticals in the industry. By type, the fog computing market size spans hardware <strong>and</strong><br />
software. Software further disintegrates into fog computing platform <strong>and</strong> customized application software. By<br />
Application, the fog computing market size comprises building <strong>and</strong> home automation, smart energy, smart<br />
manufacturing, transport <strong>and</strong> logistics, connected health, security <strong>and</strong> emergencies <strong>and</strong> others-smart<br />
environment <strong>and</strong> smart retail. By geography, the market size extends to North America, Europe, Asia Pacific,<br />
MEA <strong>and</strong> Latin America. The increased dominance of the <strong>Fog</strong> <strong>Computing</strong> Market by Software is underscored by<br />
presence of majority of the players in cloud <strong>and</strong> IoT ecosystem <strong>and</strong> would benefit by leveraging the system<br />
architecture at platform <strong>and</strong> applications hierarchy.<br />
Request Sample Copy of this Market Research @ https://www.millioninsights.com/industryreports/fog-computing-market/request-sample
Being a software domain, the providers are not str<strong>and</strong>ed with heavy capital investment as would be with<br />
hardware, thus boosting the market. The fog computing market by smart manufacturing application is in a<br />
transformative phase gravitating towards process automation in the manufacturing sector <strong>and</strong> IoT with<br />
machine-machine connectivity is a relatively untouched area for fog computing market to monitor machine<br />
operations in real-time. North America with importance ascribed to Internet of Things (IoT) <strong>and</strong> displaying<br />
economic prosperity is a growing market for fog computing market. Being one among the most technically<br />
advanced <strong>and</strong> developed nations, U.S. <strong>and</strong> Canada are prime motivators of fog computing market.<br />
<strong>Fog</strong> networking supports the Internet of Everything concept wherein most of devices of daily-use will be<br />
interconnected with each other, with phones, connected vehicles, consumer appliances, virtual reality (VR)<br />
using Google glass as prime examples. Virtual Reality (VR) devices work under a 5K environment <strong>and</strong> at network<br />
edge with dynamic feeds (Google glass, tablets, phones) in a cloud/fog scenario to reduce latency times, improve<br />
audio/video compression ratios that catches camera feeds in multi-camera systems.<br />
The key stakeholders in the market include IT infrastructure equipment providers, support infrastructure<br />
equipment providers, component providers, software providers, system integrators, network service providers,<br />
monitoring service providers, support service providers, professional service providers, distributors <strong>and</strong><br />
resellers, cloud providers, collocation providers, enterprises <strong>and</strong> data center vendors, government <strong>and</strong><br />
st<strong>and</strong>ardization bodies, telecom operators, healthcare organizations <strong>and</strong> financial organizations.<br />
Browse Full Research Report @ https://www.millioninsights.com/industry-reports/fog-computingmarket<br />
As per an article dated Aug 2016, the verdict goes that IoT or Internet of Things with fog computing drastically<br />
turns the tide in favor of the market by getting IoT devices closer to the edge, the only access point for increasing<br />
b<strong>and</strong>width <strong>and</strong> help the medical industry where limitations in internet speed <strong>and</strong> latency times of IoT are<br />
reasons for a sluggish dem<strong>and</strong> of the devices in telemedicine.<br />
Growth in IoT industry owes its success to cloud service providers <strong>and</strong> inimitable data centers but with<br />
connected devices like self-driving cars where a delay of nanoseconds end in mishaps with same going for<br />
telemedicine where lives rest on speed <strong>and</strong> accuracy, a slight delay could prove fatal.<br />
The key industry players spanning the fog computing market size include Microsoft, Cisco, Dell, Intel, Arm<br />
Holding, Fujitsu <strong>and</strong> Schneider Electric Software. PrismTech Corporation, Nebbiolo Technologies <strong>and</strong> Dell<br />
Corporation.<br />
Market Segment:<br />
fog computing Solution Outlook (Revenue, USD Thous<strong>and</strong>; 2016 - <strong>2025</strong>)<br />
• Hardware<br />
• Software
fog computing Hardware Outlook (Revenue, USD Thous<strong>and</strong>; 2016 - <strong>2025</strong>)<br />
• Gateways<br />
• Routers & switches<br />
• IP video cameras<br />
• Sensors<br />
• Micro data center<br />
fog computing Application Outlook (Revenue, USD Thous<strong>and</strong>; 2016 - <strong>2025</strong>)<br />
• Connected vehicles<br />
• Smart grids<br />
• Smart cities<br />
• Connected healthcare<br />
• Smart manufacturing<br />
fog computing Regional Outlook (Revenue, USD Thous<strong>and</strong>; 2016 - <strong>2025</strong>)<br />
• North America<br />
• U.S.<br />
• Canada<br />
• EMEA<br />
• Germany<br />
• UK<br />
• MEA<br />
• Asia Pacific<br />
• China<br />
• Japan<br />
• Latin America<br />
• Brazil<br />
• Mexico<br />
See More Reports of this Category by Million Insights @<br />
https://www.millioninsights.com/industry/telecommunications-<strong>and</strong>-networks
Get in touch<br />
At Million Insights, we work with the aim to reach the highest levels of customer satisfaction. Our<br />
representatives strive to underst<strong>and</strong> diverse client requirements <strong>and</strong> cater to the same with the<br />
most innovative <strong>and</strong> functional solutions.<br />
Contact Person:<br />
Ryan Manuel<br />
Research Support Specialist, USA<br />
Email: ryan@millioninsights.com<br />
Global Headquarters<br />
Million Insights<br />
Felton Office Plaza 6265 Highway 9 Felton, California 95018, United States<br />
Phone: 1-408-610-2300<br />
Email: sales@millioninsights.com<br />
Asia Pacific<br />
Million Insights<br />
Office No. 302, 3rd Floor, Manikch<strong>and</strong> Galleria, Model Colony, Shivaji Nagar, Pune, MH, 411016<br />
India<br />
Phone: 91-20-65300184
Change language