COVID Impact: Fog Computing Market is projected to reach a value of over USD 942.02 million by 2027 at a CAGR of around 52.1%.

Fog Computing Market: Summary

The Global Fog Computing Market is projected to reach a value of over USD 942.02 million by 2027 at a CAGR of around 52.1%.

Fog computing is a computing infrastructure in which storage, data, and application are located somewhere between the data source and the cloud. fog computing brings the advantages and power of the cloud closer to where data is created and acted such as edge computing. Many players and consumers use fog computing and edge computing interchangeably, because both involve bringing intelligence and processing closer to where the data is created.

Source: Forencis Analysis

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Fog Computing Market: Driver & restraint

Market Driver:

  • Growing IoT and Cloud Computing Market

IoT and cloud computing market are now increasing in the world of information technology. The cloud computing and IoT have become two most closely associated future internet technologies, which has accelerated the deployment and development scalable IoT applications and business models. These technologies can work together for providing infrastructure, augmented performance, and improved scalability among others. Fog computing is used for managing the demand for IT service with collaboration of cloud computing. Hence Growing IoT and cloud computing market is expected to drive fog computing market during forecast period.

Market Restraint:

  • Security & Privacy Issues

Security and privacy issues can be occurred in every designing step of fog computing. The areas such as trust & authentication, network security, data storage, data computation, and access control might go from serious privacy issues which can hamper the overall structure of the fog computing. Hence, hacker can access the information and might block or delete the information from the server. Hence, this will hamper the growth of the fog computing market during projected years.

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Fog Computing Market: Key Segments

  • Segmentation based on component: Hardware and Software
  • Segmentation based on application: Connected Healthcare, Smart Manufacturing, Connected Vehicles, Smart Grids, Smart Cities, Smart Buildings, and Others
  • Segmentation based on region covers: North America, Europe, Asia-Pacific, Middle East & Africa and South America, with individual country-level analysis.

Fog Computing Market: Report Scope

The report on the Fog Computing market covers a deep dive analysis of historic, recent and current market trends. Furthermore, market share/ranking analysis of key players, market dynamics, competition landscape, country-wise analysis for each region covered and the entire supply chain dynamics are covered through the below segmentation.

Key Companies Covered

  • Cisco (Company Description, Company Overview, Product Synopsis, Key Developments, SWOT Analysis)
  • Microsoft
  • Intel Corporation
  • IBM Corporation
  • Oracle
  • Hitachi Vantara Corporation
  • Arm Limited
  • FUJITSU
  • General Electric Company
  • Toshiba Digital Solutions Corporation
  • Nebbiolo Technologies, Inc.
  • Dell Inc.
  • Schneider Electric
  • ADLINK Technology Inc.
  • Cradlepoint, Inc.
  • FogHorn Systems
  • Other Key Companies

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Fog Computing Market: Report Segmentation

For the scope of the report, In-depth segmentation is offered by Forencis Research

Fog Computing Market, by Component

  • Hardware
  • Routers
  • Switches
  • Servers
  • Controllers
  • Others
  • Software

Fog Computing Market, by Application

  • Connected Healthcare
  • Smart Manufacturing
  • Connected Vehicles
  • Smart Grids
  • Smart Cities
  • Smart Buildings
  • Others

Fog Computing Market, by Region

  • North America
  • US
  • Canada
  • Mexico
  • Asia-Pacific
  • China
  • India
  • Japan
  • Taiwan
  • South Korea
  • Rest of Asia-Pacific
  • Europe
  • Germany
  • UK
  • France
  • Italy
  • Norway
  • Russia
  • Rest of Europe
  • Middle East & Africa
  • Saudi Arabia
  • UAE
  • Rest of Middle East & Africa
  • South America
  • Brazil
  • Argentina
  • Rest of South America

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Table of Content

1 Introduction

2 Research Design & Scope

3 Executive Summary

4 Market Dynamics

5 Industry Trends — Porters Five Forces Analysis

6 GLOBAL FOG COMPUTING MARKET BY COMPONENT, Market Size in USD Million (2019–2027)

7 GLOBAL FOG COMPUTING MARKET BY APPLICATION, Market Size in USD Million (2019–2027)

8 GLOBAL FOG COMPUTING MARKET BY REGION, Market Size in USD Million (2019–2027)

9 Competitive Landscape

11 Company Profiles

12 Appendix

About Forencis Research

Forencis Research is a B2B market research, intelligence and advisory firm engaging in market research and consulting services across leading industries, globally. Our robust and meticulous research team provides high growth and niche syndicated reports, customized reports and consulting reports to the diverse global fortune clientele and intellectual institutions. Forencis Research database is a constantly evolving pool of reports and white paper studies which helps companies to foster accelerated revenue growth in global and regional markets. Forencis Research delivers market research and consulting reports on high growth markets to help companies dominate their competition and set themselves apart by attaining increased revenue growth. To enable exclusive insights around the target market, Forencis Research employs robust research Methodology & Design which includes data acquisition, data synthesis and data correlation, through Primary and Secondary Research. Through the obtained data, Top-down and bottom-up methods are exercised to attain and verify data sanity within the entire market. This market data is yet again correlated with Forencis Research’s internal database before presenting it in any of our final publications. These methods of data correlation and amalgamation benefit us to put forward accurate market estimates enabling our clients to transform their business, markets and most importantly their “REVENUES”.

Contact Us

FORENCIS RESEARCH

Phone: +1 (720) 306 9020

Email: info@forencisresearch.com

For more market research insights, please visit https://www.forencisresearch.com

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