Monday, May 31, 2021

Edge is in Early Days

As valuable and important as edge computing services and software remains a small market at the moment. 


The global edge computing market  for software will reach $1.72 billion by 2026, a  study by Mind Commerce predicts. The market for multi-access edge software in support of IoT applications will reach $546 million globally by 2026. 


Markets for edge hardware might be the most substantial markets of all, based on significant shift of infrastructure to the edge by computing-as-a-service suppliers. By 2023 or so, the large hyperscale cloud computing as a service providers might be deploying half their capex at the edge. That might mean annual spending of perhaps $34 billion by hyperscaler cloud computing giants alone. 


Connectivity revenue might not be much more substantial. Some estimate global edge revenue earned by connectivity providers in the $2 billion to $4 billion range. 


All of that suggests we are in the the early days of edge computing.


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