Global Fog computing Market provides a brief and detailed knowledge about key players, market state and circumstances that are covered deeply in this report. The business chain supporting the Fog computing market is analysed in detail covering accurate information about aspects such as the industrial chain, proficiency in utilization of the available capacity of manufacture, and industry strategies that affect the market.
Fog computing Market study
offers an exhaustive summary of the vendor landscape, competitive analysis, and
key strategies to gain ruthless advantage. Fog computing Market Forecast
provides sizing and growth opportunities. It provides comprehensive insights on
the latest industry trends, forecast, and growth drivers in the market. it also
includes a detailed analysis of growth drivers, challenges, and investment
opportunities and delivers a complete overview of segments and the regional
outlook of the market.
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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, top of a power pole or an oil rig, subject having connectivity, computational and storage imperatives.
The primary drivers for fog
computing market are inundation of IoT devices with parallel IoT connectivity,
subsequent growth in cloud computing market size and Machine to machine (M-M)
connectivity. The factors driving the fog computing market size include
computational power speed, increased operational efficiency and cost savings
across all verticals in the industry. By
type, the fog computing market size spans hardware and software. Software
further disintegrates into fog computing platform and customized application
software. By Application, the fog computing market size comprises building and
home automation, smart energy, smart manufacturing, transport and logistics,
connected health, security and emergencies and others-smart environment and
smart retail.
By geography, the market
size extends to North America, Europe, Asia Pacific, MEA and Latin America. The
increased dominance of the Fog Computing Market by Software is underscored by
presence of majority of the players in cloud and IoT ecosystem and would
benefit by leveraging the system architecture at platform and applications
hierarchy.
Being a software domain,
the providers are not stranded with heavy capital investment as would be with
hardware, thus boosting the market. The fog computing market by smart
manufacturing application is in a transformative phase gravitating towards
process automation in the manufacturing sector and IoT with machine-machine
connectivity is a relatively untouched area for fog computing market to monitor
machine operations in real-time. North America with importance ascribed to
Internet of Things (IoT) and displaying economic prosperity is a growing market
for fog computing market. Being one among the most technically advanced and
developed nations, U.S. and Canada are prime motivators of fog computing
market.
Fog networking supports the
Internet of Everything concept wherein most of devices of daily-use will be
interconnected with each other, with phones, connected vehicles, consumer
appliances, virtual reality (VR) using Google glass as prime examples. Virtual
Reality (VR) devices work under a 5K environment and at network edge with
dynamic feeds (Google glass, tablets, phones) in a cloud/fog scenario to reduce
latency times, improve audio/video compression ratios that catches camera feeds
in multi-camera systems.
The key stakeholders in the
market include IT infrastructure equipment providers, support infrastructure
equipment providers, component providers, software providers, system
integrators, network service providers, monitoring service providers, support
service providers, professional service providers, distributors and resellers,
cloud providers, collocation providers, enterprises and data center vendors,
government and standardization bodies, telecom operators, healthcare
organizations and financial organizations.
As per an article dated Aug
2016, the verdict goes that IoT or Internet of Things with fog computing
drastically turns the tide in favor of the market by getting IoT devices closer
to the edge, the only access point for increasing bandwidth and help the medical
industry where limitations in internet speed and latency times of IoT are
reasons for a sluggish demand of the devices in telemedicine.
Growth in IoT industry owes
its success to cloud service providers and inimitable data centers but with
connected devices like self-driving cars where a delay of nanoseconds end in
mishaps with same going for telemedicine where lives rest on speed and
accuracy, a slight delay could prove fatal.
The key industry players
spanning the fog computing market size include Microsoft, Cisco, Dell, Intel,
Arm Holding, Fujitsu and Schneider Electric Software. PrismTech Corporation,
Nebbiolo Technologies and Dell Corporation.
Table of Contents:-
Chapter
1 Methodology and Scope
Chapter
2 Executive Summary
Chapter
3 Fog computing Market: Variables, Trends & Scope
Chapter
4 Fog computing Market: Product Estimates & Trend Analysis
Chapter
5 Fog computing Market: Application Estimates & Trend Analysis
Chapter
6 Fog computing Market: End-use Estimates & Trend Analysis
Chapter
7 Fog computing Market: Industrial End-use Estimates & Trend Analysis
Chapter
8 Fog computing Market: Regional Estimates & Trend Analysis
Chapter
9 Competitive Landscape
Chapter
10 Fog computing Market: Manufacturers Company Profiles
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