Fog Computing 2018 Global Market Outlook, Research, Trends and Forecast to 2022

The Fog Computing market is growing rapidly. Increased penetration of internet of things and growing demand of bring your own device is expected to drive the fog computing market globally. Fog computing enhances efficiency and supports in reducing the size of the data which would be uploaded to the cloud for the purpose of analysis, data processing and storage. It also helps in enhancing compliance and security for the end users.

The factors driving the fog computing includes requirement of analytics at the edge of networks, limitation of bandwidth for IoT infrastructure and enhancement of real-time operations. Whereas, government standard for fog computing and lack of availability of technological skills in fog computing are factors which are restraining the fog computing market growth. Moreover, the raising demand of machine to machine communication and proliferation of smart sensors also exhibits as a major driver in the growth of the Fog Computing Market.

It has been observed that connected devices and automation enabled by the IoT are used to streamline the processes that is further used to improve operational efficiencies and increase the productivity of the businesses by reducing the costs and increase output. Especially in case of industrial businesses fog computing is used for fast processing of data and for low latency consumption

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Key Players:

Market Research Future (MRFR) recognizes the following companies as the key players in the Fog Computing Market: – Cisco Systems Inc. (U.S.), Microsoft Corporation (U.S.), Dell Inc. (U.S.), Toshiba Corporation (Japan), Intel Corporation (U.S.), Fujitsu (Japan), ARM Ltd. (U.K.), Schneider Electric Software, LLC (Japan), PrismTech Corporation (U.S.), and Nebbiolo Technologies (U.S.) among others.

Market Research Analysis:

Regional analysis for fog computing market is studied in different geographic regions as Americas, Europe, Asia-Pacific and Rest of world. It has been observed that North America region would account for larger share in fog computing market followed by Europe and Asia Pacific is expected to grow at high CAGR in the forecast period. The high initiative’s by SMEs and large organizations to store data in cloud and towards digital economy is expected to drive market of fog computing in Asia Pacific Region.

Fog Computing Market Segmentation

The Fog Computing Market has been segmented on the basis of types and application. The revenue source comprises of hardware and software. The study indicates that the hardware would hold a major share in the fog computing market and software will grow at high CAGR in the Forecast period. The application verticals comprises of Smart Energy, Smart Buildings and Home Automation, Transportation, Healthcare, Smart Industries/Manufacturing among others. The study indicates that smart energy and smart manufacturing segment has a larger share in the fog computing market.

Intended Audience:

• Small & Large Enterprises
• Government Bodies
• IT & Telecommunications Companies
• Healthcare organizations
• Utilities Companies
• Smart Energy Organizations
• Financial organizations
• Data center Companies
• IT infrastructure providers
• Software providers
• System integrators
• Network service providers
• Cloud providers

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