The Edge Computing Market is expected to reach US$ 156.2 billion by 2031, growing with a CAGR of 16.3% during the forecast period 2024-2031. This growth is driven by the increasing need for real-time data processing in industries like IoT, autonomous vehicles, and healthcare.
The market is also driven by the adoption of 5G technology and the rise of connected devices. Key players such as Amazon Web Services, Cisco Systems, and IBM Corporation are making significant developments in the Edge Computing market.
