Middle East Edge Computing Market Size, Share and Growth Forecast | 29.65% CAGR Growth Expected

Report Overview:

The following report titled “Middle East Edge Computing MarketBy Component (Hardware, Software, Service), By Application (Smart Cities, Industrial IoT, Data Caching, Content Delivery, Environment Monitoring, Augmented Reality, Location Services) and other forecast 2022-2027” provides a comprehensive analysis of the market, focusing on key details such as market size, growth trends, determinants of growth, segments covered, and the role of leading players in the industry.

Middle East Edge Computing Market Summary

The Middle East Edge Computing Market is anticipated to grow at a CAGR of around 29.65% during the forecast period, i.e., 2022-27, says MarkNtel Advisors. The market growth attributes primarily to the technology evolution and the rising trend of BYOD (Bring-Your-Own-Device) across modern business practices. With the increasing number of IoT (Internet of Things) devices coming online, the volume of data generated is increasing rapidly. Since storing & transmitting this data is difficult & costly, it brings Edge Computing into significant demand.

Report Coverage & Details

  • Forecast Period: 2022-2027
  • Base Year: 2021
  • CAGR: 29.65%

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Middle East Edge Computing Market Driver:

  • The surging data volumes due to the increasing adoption of the IoT
  • Mounting usage of computing connected mobile devices
  • Rising demand for real-time insights and automated decision-making solutions among enterprises.

Segmentation Analysis: Middle East Edge Computing Market

By Component

  • Hardware
  • Software
  • Service

By Application

  • Smart Cities
  • Industrial IoT
  • Data Caching
  • Content Delivery
  • Environment Monitoring
  • Augmented Reality
  • Location Services
  • Others

By End-User

  • Manufacturing Sector
  • Energy & Utility Sector
  • Transportation and Logistics
  • BFSI
  • IT & Telecommunication
  • Healthcare & Life science
  • Retail and Consumer Goods
  • Government & Defense
  • Others

By Enterprise Size

  • Small & Medium Enterprises(SMEs)
  • Large Enterprise

By Country

  • UAE
  • Saudi Arabia
  • Israel
  • Turkey
  • Rest of Middle East

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Leading Players Analysis: Middle East Edge Computing Market

The report provides detailed analysis of key players in the Middle East Edge Computing market, highlighting their strategies and competitive scenario.

  • Cisco system
  • Microsoft Corporation
  • IBM
  • Google
  • SAP
  • Amazon
  • Hewlett Packard Enterprise Development LP
  • Others

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  1. Informed Decision-Making: Access to comprehensive and insightful market research reports enables stakeholders to make well-informed decisions, leading to more strategic and successful initiatives.
  2. Strategic Planning: The strategic reports provided by MarkNtel Advisors empower stakeholders to formulate robust strategies for market entry, product development, and competitive positioning.
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  4. Competitive Benchmarking: The availability of competitive benchmarking data allows stakeholders to assess their performance against industry peers, identify areas for improvement, and capitalize on strengths.
  5. Identifying Investment Opportunities: Through trend analysis and industry insights, stakeholders can identify attractive investment opportunities and stay ahead in the market for better ROI.

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