Research Shows Middle East Edge Computing Market Set to Expand by 29.65% CAGR until 2027

Middle East Edge Computing Market

This comprehensive Middle East Edge Computing Market report by “MarkNtel Advisors: Leading Market research Company” offers valuable insights into the current and future market landscape, providing clarity on potential challenges and strategies for optimal brand positioning. It features detailed market segmentation, in-depth analysis of key market players, emerging trends in consumer behavior and supply chain dynamics, and opportunities in new geographical markets. With the insights from this report, you can manage your marketing strategies for goods and services more effectively.

“According to recent market analysis report, the Middle East Edge Computing Market is expected to grow at a CAGR of 29.65% during the forecast period of 2022 to 2027.”

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Driving Force Behind the Growth of the Middle East Edge Computing Market through 2027

  • 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.

Market Segment Highlights:

By Component

  • Hardware
  • Software
  • Service

Of these three, the Hardware Component is projected to capture the largest market share in the coming years. With the adoption of advanced technologies like AMR & EDC, the use of sensors, routers, gateways, & edge nodes has greatly increased, which drives the need for hardware-based edge computing. Moreover, with the surging number of IoT & Industrial IoT (IIoT), the amount of data generated is also rising. Hence, to reduce the burden of this data across the cloud & data centers, edge computing hardware is utilized.

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

Middle East Edge Computing Market Geographical Outlook:

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

Explore the Full Report with Charts, Table of Contents, and List of Figures – https://www.marknteladvisors.com/research-library/middle-east-edge-computing-market.html

Middle East Edge Computing Market Competition Analysis:

Some of the top Middle East Edge Computing companies operating in the market are Cisco system, Microsoft Corporation, IBM, Google, SAP, Amazon, Hewlett Packard Enterprise Development LP, Others.

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