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Fog Computing Market: Global Drivers, Restraints, Opportunities, Trends, and Forecasts up to 2023

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Fog Computing Market: Global Drivers, Restraints, Opportunities, Trends, and Forecasts up to 2023

Overview:

Fog computing, also known as edge computing, is defined as an extension of the cloud computing paradigm from the core of the network to the edge of the network. It majorly provides computation, storage, and services between end devices and traditional cloud servers. Servers and other intermediate nodes are majorly being considered as the core of the network. Desktop machine, mobiles, smart devices, machine, or any equipment connected to a network as endpoint device/machine are considered as edge devices.

The fog computing model is primarily suited for the Internet of Things and real-time big data analytics. It also supports distributed data collection points and is beneficial for advertising, entertainment, personal computing, and other such applications. Fogging can provide benefits by the introduction of vital information and services to the user at the network edge. Hence, the researchers and companies are more inclined toward the development of applications and services of fog computing.

Market Analysis:

According to Infoholic Research, the global fog computing market revenue is expected to reach USD 556.72 million by 2023, growing at a CAGR of around 61.63% during the forecast period 2017-2023. The rising number of IoT connectivity, M2M communication, need for real-time computing of time-critical process, and the increase in demand for connected devices are majorly driving the fog computing market.

Market Segmentation Analysis:

The report provides a wide-ranging evaluation of the market. It provides in-depth qualitative insights, historical data, and supportable projections and assumptions about the market size. The projections featured in the report have been derived using proven research methodologies and assumptions based on the vendor's portfolio, blogs, whitepapers, and vendors presentations. Thus, the research report serves every side of the market and is segmented based on regional markets, types, applications, and end-users.

Countries and Vertical Analysis:

The report contains an in-depth analysis of the vendor profiles, which include financial health, business units, key business priorities, SWOT, strategies, and views; and competitive landscape. The prominent vendors covered in the report include Cisco Systems, ADLINK Technologies, GE Digital, Nebbiolo Technologies, Microsoft, Dell, and others. Most of the major players are based in the Americas region. The vendors have been identified based on portfolio, geographical presence, marketing & distribution channels, revenue generation, and significant investments in R&D.

The countries covered in the report are the US, Canada, Mexico, the UK, France, Germany, India, China, and, Japan. Among these, Japan, the US, and China are expected to grow at a high rate during the forecast period (2017-2023) owing to an increase in the penetration rate of connected devices and growing adoption of cloud computing.

Competitive Analysis

The report covers and analyses the global fog computing market. Various strategies, such as joint ventures, partnerships, collaborations, and contracts, have been considered. There is likely to be an increase in the number of mergers, acquisitions, and strategic partnerships during the forecast period.

The report includes the complete insight of the industry and aims to provide an opportunity for the emerging and established players to understand the market trends, current scenario, initiatives taken by the government, and the latest technologies related to the market. In addition, it helps the venture capitalists in understanding the companies better and take informed decisions.

Regional Analysis

The Americas is the dominating region, which holds the largest share of the global fog computing market owing to the presence of major players in this region. In addition, they have the largest base for technological innovations and adoption. Asia Pacific is among the fastest growing regions in the global fog computing market. The region boasts of major developing economies with a focus on increasing adoption of cloud computing and the growing penetration rate of connected devices. Cloud-based technology, smart product initiatives, and increased penetration of wearables are the major technology drivers in APAC. EMEA is the third largest contributor to the global fog computing market. The region is one of the most digital and interconnected societies in the world; this is leading to increased demand for automated and M2M communication systems. The support from the regional governments is also contributing to the fog computing market growth in the region.

Benefits

The report provides an in-depth analysis of the global fog computing market aiming to reduce time to market for products and services, reduce operational cost, improve accuracy, and operational performance. With the help of fog computing, various organizations can load their crucial information and increase productivity & efficiency. In addition, the solutions are proven to be reliable and improve scalability. The report discusses types, applications, and regions. Further, the report provides details about the major challenges impacting the market growth.

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Table Of Content

Scope

Table of Contents

1 Industry Outlook 9

1.1 Industry Overview 9

1.2 Industry Trends 10

1.3 PEST Analysis 10

2 Report Outline 11

2.1 Report Scope 11

2.2 Report Summary 12

2.3 Research Methodology 12

2.4 Report Assumptions 13

3 Market Snapshot 13

3.1 Total Addressable Market 13

3.2 Segmented Addressable Market 14

3.3 Related Markets 15

3.3.1 Global Computing Numerical Control Systems 15

3.3.2 Global Computing Mouse Market 16

4 Market Outlook 16

4.1 Overview 16

4.1.1 Market Definition-Infoholic Research 17

4.2 Market Trends and Impact 17

4.3 Market Segmentation 18

4.4 Porter 5 (Five) Forces 18

5 Market Characteristics 19

5.1 Evolution 19

5.2 Value Chain 20

5.3 Benefits and Challenges of Fog Computing Market 20

5.4 Factors Influencing Fog Computing 20

5.5 Market Dynamics 21

5.5.1 Drivers 22

5.5.1.1 Growing the broadband connectivity 22

5.5.1.2 Growing focus on smart cities, IoT, and M2M communication system 22

5.5.1.3 Growing digitalization 22

5.5.2 Restraints 23

5.5.2.1 High upfront cost 23

5.5.2.2 Lack of standards and interoperability 23

5.5.2.3 Low awareness 23

5.5.3 Opportunities 23

5.5.3.1 Opportunities for growth of wearable devices 23

5.5.3.2 Opportunities from developing economy 24

5.5.3.3 Opportunities for telecom providers 24

5.6 DRO-Impact Analysis 24

6 Applications 24

6.1 Overview 24

6.2 Smart manufacturing 25

6.2.1 Market Size and Analysis 26

6.3 Connected vehicles 26

6.3.1 Market Size and Analysis 26

6.4 Smart grids 27

6.4.1 Market Size and Analysis 28

6.5 Smart cities 28

6.5.1 Market Size and Analysis 28

6.6 Connected healthcare 29

6.6.1 Market Size and Analysis 29

7 Type 30

7.1 Overview 30

7.2 Hardware 31

7.3 Software 32

8 Regions 33

8.1 Overview 33

8.2 Americas 34

8.2.1 Market Size and Analysis 34

8.2.2 DRO for the Americas 35

8.2.3 US 36

8.2.4 Canada 36

8.2.5 Brazil 37

8.3 EMEA 37

8.3.1 Market Size and Analysis 37

8.3.2 DRO for EMEA 38

8.3.3 UK 39

8.3.4 France 39

8.3.5 Germany 39

8.4 APAC 40

8.4.1 Market Size and Analysis 40

8.4.2 DRO for APAC 40

8.4.3 India 42

8.4.4 China 42

8.4.5 Japan 42

9 Vendor Profiles 42

9.1 Cisco System 43

9.1.1 Overview 43

9.1.2 Business Units 44

9.1.3 Geographic Revenue 44

9.1.4 Business Focus 44

9.1.5 SWOT Analysis 44

9.1.6 Business Strategies 45

9.2 ADLINK Technologies 45

9.2.1 Overview 45

9.2.2 Business Units 46

9.2.3 Geographic Revenue 46

9.2.4 Business Focus 46

9.2.5 SWOT Analysis 46

9.2.6 Business Strategies 46

9.3 General Electric Digital 47

9.3.1 Overview 47

9.3.2 Business Units 47

9.3.3 Geographic Revenue 47

9.3.4 Business Focus 47

9.3.5 SWOT Analysis 48

9.3.6 Business Strategies 48

9.4 Nebbiolo Technologies 48

9.4.1 Overview 48

9.4.2 Business Units 49

9.4.3 Geographic Revenue 49

9.4.4 Business Focus 49

9.4.5 SWOT Analysis 49

9.4.6 Business Strategies 50

10 Other Prominent Vendors 50

10.1 Microsoft Corp. 50

10.1.1 Overview 50

10.1.2 Microsoft in Fog computing market 50

10.2 Dell Inc. 51

10.2.1 Overview 51

10.2.2 Dell in Fog Computing Market 51

10.3 ARM Holding Pl. 51

10.3.1 Overview 51

10.4 Intel Corporation 52

10.4.1 Overview 52

10.4.2 Intel in Fog Computing Market 52

11 Other Vendors 52

11.1 Toshiba Corporation 52

11.1.1 Overview 52

11.2 Fujitsu 52

11.2.1 Overview 52

11.3 VIMOC Technologies 53

11.3.1 Overview 53

11.4 FogHorn Systems 53

11.4.1 Overview 53

Annexure 54

Abbreviations 54

 


List Of Figure

Charts

 

CHART 1 PEST ANALYSIS OF FOG COMPUTING MARKET 10

CHART 2 RESEARCH METHODOLOGY OF SMART HOMES M2M MARKET 12

CHART 3 CLOUD COMPUTING MARKET REVENUE, 2017-2023 (USD BILLION) 14

CHART 4 FOG COMPUTING MARKET REVENUE, 2017-2023 (USD MILLION) 15

CHART 5 FOG COMPUTING MARKET SEGMENTATION 18

CHART 6 PORTER 5 FORCES OF FOG COMPUTING MARKET 18

CHART 7 EVOLUTION OF FOG COMPUTING MARKET 19

CHART 8 VALUE CHAIN OF FOG COMPUTING MARKET 20

CHART 9 FACTORS AFFECTING THE CHOICE OF FOG COMPUTING 20

CHART 10 MARKET DYNAMICS-DRIVERS, RESTRAINTS & OPPORTUNITIES 21

CHART 11 DRO-IMPACT ANALYSIS OF SMART HOMES M2M MARKET 24

CHART 12 FOG COMPUTING MARKET SHARE BY APPLICATIONS, 2017 AND 2023 25

CHART 13 SMART MANUFACTURING MARKET REVENUE, 2017-2023 (USD MILLION) 26

CHART 14 CONNECTED VEHICLES MARKET REVENUE, 2017-2023 (USD MILLION) 26

CHART 15 SMART GRIDS MARKET REVENUE, 2017-2023 (USD BILLION) 28

CHART 16 SMART CITIES MARKET REVENUE, 2017-2023 (USD BILLION) 28

CHART 17 CONNECTED HEALTHCARE MARKET REVENUE, 2017-2023 (USD BILLION) 29

CHART 18 FOG COMPUTING MARKET SHARE BY TYPE, 2017 AND 2023 30

CHART 19 HARDWARE MARKET REVENUE, 2017-2023 (USD MILLION) 31

CHART 20 SOFTWARE MARKET REVENUE, 2017-2023 (USD MILLION) 32

CHART 21 FOG COMPUTING MARKET SHARE BY REGIONS, 2017 AND 2023 33

CHART 22 AMERICAS MARKET REVENUE, 2017-2023 (USD BILLION) 34

CHART 23 EMEA MARKET REVENUE, 2017-2023 (USD MILLION) 37

CHART 24 APAC MARKET REVENUE, 2017-2023 (USD MILLION) 40

CHART 25 CISCO SYSTEM: OVERVIEW SNAPSHOT 43

CHART 26 CISCO SYSTEM: BUSINESS UNITS 44

CHART 27 CISCO SYSTEM: GEOGRAPHIC REVENUE 44

CHART 28 CISCO SYSTEM: SWOT ANALYSIS 44

CHART 29 ADLINK TECHNOLOGY: OVERVIEW SNAPSHOT 45

CHART 30 ADLINK TECHNOLOGY: BUSINESS UNITS 46

CHART 31 ADLINK TECHNOLOGY: GEOGRAPHIC REVENUE 46

CHART 32 ADLINK TECHNOLOGY: SWOT ANALYSIS 46

CHART 33 GENERAL ELECTRIC: OVERVIEW SNAPSHOT 47

CHART 34 GENERAL ELECTRIC: BUSINESS UNITS 47

CHART 35 GENERAL ELECTRIC: GEOGRAPHIC REVENUE 47

CHART 36 GENERAL ELECTRIC: SWOT ANALYSIS 48

CHART 37 NEBBIOLO TECHNOLOGIES: OVERVIEW SNAPSHOT 49

CHART 38 NEBBIOLO TECHNOLOGIES: BUSINESS UNITS 49

CHART 39 NEBBIOLO TECHNOLOGIES: GEOGRAPHIC REVENUE 49

CHART 40 HONEYWELL INTERNATIONAL INC.: SWOT ANALYSIS 49

 


List Of Table

Tables

 

TABLE 1 FOG COMPUTING MARKET REVENUE BY APPLICATIONS, 2017-2023 (USD MILLION) 25

TABLE 2 FOG COMPUTING MARKET REVENUE BY TYPE, 2017-2023 (USD MILLION) 31

TABLE 3 FOG COMPUTING MARKET SHARE BY REGIONS, 2017-2023 (USD BILLION) 33

TABLE 4 DRO FOR THE AMERICAS 35

TABLE 5 AMERICAS MARKET REVENUE BY APPLICATIONS, 2017-2023 (USD BILLION) 35

TABLE 6 AMERICAS MARKET REVENUE BY TYPE, 2017-2023 (USD MILLION) 35

TABLE 7 DRO FOR EMEA 38

TABLE 8 EMEA MARKET REVENUE BY APPLICATIONS, 2017-2023 (USD MILLION) 38

TABLE 9 EMEA MARKET REVENUE BY TYPE, 2017-2023 (USD MILLION) 38

TABLE 10 DRO FOR APAC 40

TABLE 11 APAC MARKET REVENUE BY APPLICATIONS, 2017-2023 (USD MILLION) 41

TABLE 12 APAC MARKET REVENUE BY TYPE, 2017-2023 (USD MILLION) 41

 

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Products and Companies


Companies

Cisco Systems, ADLINK Technologies, GE Digital, Nebbiolo Technologies, Microsoft, Dell, and others