The North America Edge Computing Market is expected to grow from US$ 16,212.71 million in 2022 to US$ 52,976.45 million by 2028. It is estimated to grow at a CAGR of 21.8% from 2022 to 2028.
North America Edge Computing Market Segmentation
- The North America edge computing market is segmented into component, applications, enterprise size, verticals, and country.
- Based on component, the North America edge computing market is segmented into hardware, software, and services. The hardware segment registered the largest market share in 2022.
- Based on organization Size, the North America edge computing market is segmented into SMEs and large enterprises. The large enterprises segment held a larger market share in 2022.
- Based on application, the North America edge computing market is segmented into smart cities, industrial internet of things (IIOT), remote monitoring, content delivery, augmented reality and virtual reality, and others. The smart cities segment held the largest market share in 2022.
- Based on verticals, the North America edge computing market is segmented into manufacturing, energy and utilities, government, IT and telecom, retail and consumer goods, transportation and logistics, healthcare, and others. The IT and telecom segment held the largest North America edge computing market share in 2022.
- Based on country, the North America edge computing market has been categorized into the US, Canada, and Mexico. The US dominated the North America edge computing market in 2022.
Segments Covered
By Component
- Hardware
- Software
- Services
By Application
- Smart Cities
- Industrial Internet of Things
- Remote Monitoring
- Content Delivery
- Augmented Reality and Virtual Reality
By Enterprise Size
- SMEs and Large Enterprises
By Verticals
- Manufacturing
- Energy and Utilities
- Government
- IT and Telecom
- Retail and Consumer Goods
- Transportation and Logistics
- Healthcare
Regions and Countries Covered
North America
- US
- Canada
- Mexico
Market leaders and key company profiles
- ADLINK Technology Inc
- Amazon Web Services
- Dell Technologies
- EdgeConnex Inc.
- FogHorn Systems
- Hewlett Packard Enterprise Development LP (HPE)
- IBM Corporation
- Litmus Automation, Inc
- Microsoft Corporation
- Vapor IO, Inc.
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Market Overview
The US, Canada, and Mexico are the major economies in North America. The availability of high-speed connectivity, increase in cloud adoption, a surge in connected devices driving the growth of IoT, and rapidly emerging 5G technology are the key factors contributing to the growth of the edge computing market. The impact of deploying sensors and using data to make actionable decisions can vary based on the use case. The IoT—Spring 2022 report, released in May 2022, states that the market for the Internet of Things is expected to grow by 18% to reach 14.4 million active connections. Further, the number of connected IoT devices is expected to reach 27 million by 2025. With more IoT devices connected, the adoption of edge computing solutions would also grow in North America in the coming years.
Market Revenue and Forecast to 2028 (US$ Million)
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