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Fog Computing Market Value Is Estimated to Reach USD1,698.52 Mn By 2028, With 45.30% CAGR – Credence Research

Fog Computing Market Value Is Estimated to Reach USD1,698.52 Mn By 2028, With 45.30% CAGR – Credence Research

September 07
21:38 2022
Fog Computing Market Value Is Estimated to Reach USD1,698.52 Mn By 2028, With 45.30% CAGR - Credence Research
Fog Computing Market By type (Hardware, Software) By Application type (Buildings and home automation, Smart energy, Smart manufacturing, Transportation and logistics, Connected health, Security and emergencies, Others (smart environment and smart retail)) – Growth, Future Prospects, and Competitive Analysis, 2016 – 2028

The latest market report published by Credence Research, Inc. is “Global Fog Computing Market: Growth, Future Prospects, and Competitive Analysis, 2016 – 2028”. The global fog computing market generated revenue of around USD 180.5 Million in 2021 and is anticipated to grow a CAGR of over 45.30% during the forecast period from 2022 to 2028 to reach around USD 1,698.52 Million in 2028. 

Many smart devices that communicate over the internet for common platforms such as healthcare and smart homes have been made into many verticals. The increasing demand for the fog computing market due to internet things is globally considered the major factor. High bandwidth networks have an easy flow of data, and adapting problem-solving mechanisms are driving the growth of the fog computing market. Furthermore, advancements in technological advancements such as AL (Advanced Logging) are enabling information recovery and processing forward to related devices—including cloud services—which is also fueling growth in the fog computing market. The emergence of 5G technology is also fueling growth in this space. In addition, the state supported the further development and use of district computers. The growing demand for high-speed data, short response time and other activities in fog computing is also driving the growth of the fog computing market. 

The global fog computing market is bifurcated into By Type, Application, and Geography. Based on By Type, the market is categorized into hardware and software. Based on By Application, the global market is segmented into Buildings and home automation, Smart Energy, Smart Manufacturing, Transportation and logistics, connected health, Security and emergencies and others (Smart environment and smart retail). Based on geography, the market is segmented as North America, Europe, Asia Pacific, Latin America, and the Middle East and Africa.

In 2021, North America held the highest market share in the global cloud computing market. These applications, such as smart homes, medical facilities, smart cars, etc., are driving the fog computing market in North America. This region is witnessing growth due to increased spending on fog computing and the penetration and deployment of IoT. Additionally, fog computing technology in the North American region is predicted to have a bright future due to the growing adoption of IoT and increased investment in fog computing research and development in the region. The marketing company benefits from a sophisticated network infrastructure in various countries. Increasing development costs with the concept of advanced technologies such as AL and IoT is also beneficial for the North American regional market.

Why to Buy This Report-

  • The report provides a qualitative and quantitative analysis of the global fog computing market by segments, current trends, drivers, restraints, opportunities, challenges, and market dynamics with the historical period from 2016-2020, base year- 2021, and forecast period 2022-2028.
  • The report contains details about the competitive landscape, including how key players are operating at a global, regional, and country level.
  • In-depth analysis of the global fog computing market segmentation based on type and application.
  • Major countries in each region with their import/export statistics
  • The global fog computing market report also includes analyzing the global, regional, and country levels, key market trends, significant player’s analysis, market growth strategies, and key application areas.

Let’s learn more about this opportunity with free sample – https://www.credenceresearch.com/report/fog-computing-market

Fog Computing Market Scope

Report Attribute

Details

Market Value in 2021

USD 180.5 Million

Market Value in 2028

USD 1,698.52 Million

CAGR

45.30%

Benchmarking Year

2021

Past data

2016 – 2021

Forecast period

2022 – 2028

Table of Content

1. Preface

1.1. Report Description

1.1.1. Purpose of the Report

1.1.2. Target Audience

1.1.3. USP and Key Offerings

1.2. Research Scope

1.3. Research Methodology

1.3.1. Phase I – Secondary Research

1.3.2. Phase II – Primary Research

1.3.3. Phase III – Expert Panel Review

1.3.4. Approach Adopted

1.3.4.1. Top-Down Approach

1.3.4.2. Bottom-Up Approach

1.3.5. Assumptions

1.4. Market Segmentation

2. Executive Summary

2.1. Market Snapshot: Global Fog Computing Market

2.2. Global Fog Computing Market, By Type

2.3. Global Fog Computing Market, By Application

2.4. Global Fog Computing Market, By Region

3. Market Dynamics & Factors Analysis

3.1. Introduction

3.1.1. Global Fog Computing Market Value, 2016-2028, (US$ Bn)

3.2. Market Dynamics

3.2.1. Key Growth Trends

3.2.2. Market Drivers

3.2.3. Market Restraints

3.2.4. Market Opportunities

3.2.5. Major Industry Challenges

3.3. Attractive Investment Proposition,2021

3.3.1. Type

3.3.2. Application

3.3.3. Geography

4. Premium Insights

4.1. STAR (Situation, Task, Action, Results) Analysis

4.2. Porter’s Five Forces Analysis

4.2.1. Threat of New Entrants

4.2.2. Bargaining Power of Buyers/Consumers

4.2.3. Bargaining Power of Suppliers

4.2.4. Threat of Substitute Types

4.2.5. Intensity of Competitive Rivalry

4.3. Value Chain Analysis

4.4. Technology Analysis

4.5. Marketing Strategy Analysis

4.5.1. Direct Marketing

4.5.2. Indirect Marketing

4.5.3. Marketing Channel Development Trend

5. Market Positioning of Key Players, 2021

5.1. Company market share of key players, 2021

5.2. Competitive Benchmarking

5.3. Market Positioning of Key Vendors

5.4. Geographical Presence Analysis

5.5. Major Strategies Adopted by Key Players

5.5.1. Key Strategies Analysis

5.5.2. Mergers and Acquisitions

5.5.3. Partnerships

5.5.4. Product Launch

5.5.5. Geographical Expansion

5.5.6. Others

6. COVID 19 Impact Analysis

6.1. Global Fog Computing Market Pre Vs Post COVID 19, 2019 – 2028

6.2. Impact on Import & Export

6.3. Impact on Demand & Supply

7. Global Fog Computing Market

7.1. Global Fog Computing Market, by Type, 2016-2028(US$ Bn)

7.1.1. Overview

7.1.2. Global Fog Computing Market, By Type, 2021 vs 2028 (in%)

7.1.3. Global Fog Computing Market, By Hardware, 2016-2028 (US$ Bn)

7.1.4. Global Fog Computing Market, By Software, 2016-2028 (US$ Bn)

7.2. Global Fog Computing Market, by Application, 2016-2028(US$ Bn)

7.2.1. Overview

7.2.2. Global Fog Computing Market, By Application, 2021 vs 2028 (in%)

7.2.3. Global Fog Computing Market, By Buildings and home automation, 2016-2028 (US$ Bn)

7.3. Global Fog Computing Market, By Smart energy, 2016-2028 (US$ Bn)

7.3.1. Global Fog Computing Market, By Smart manufacturing, 2016-2028 (US$ Bn)

7.3.2. Global Fog Computing Market, By Transportation and logistics, 2016-2028 (US$ Bn)

7.3.3. Global Fog Computing Market, By connected health, 2016-2028 (US$ Bn)

7.3.4. Global Fog Computing Market, By Securities and emergencies2016-2028 (US$ Bn)

7.3.5. Global Fog Computing Market, By Other (smart environment and smart retail), 2016-2028 (US$ Bn)

8. North America Fog Computing Market Analysis

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9. Europe Fog Computing Market Analysis

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10. Asia Pacific Fog Computing Market Analysis

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11. Latin America Fog Computing Market Analysis

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12. Middle East and Africa Fog Computing Market Analysis

12.1. Middle East and Africa Fog Computing Market by type 2016-2028(US$ Bn)

12.1.1. Overview

12.1.2. SRC Analysis

12.2. Middle East and Africa Fog Computing Market by application 2016-2028(US$ Bn)

12.2.1. Overview

12.2.2. SRC Analysis

12.3. Middle East and Africa Fog Computing Market by Country, 2016-2028 (US$ Bn)

12.3.1. GCC Countries

12.3.1.1. GCC Countries il Fog Computing Market Estimates and Forecast, 2016-2028 (US$ Bn)

12.3.1.2. GCC Countries Fog computing By type 2016-2028 (US$ Bn)

12.3.1.3. GCC Countries Fog computing By application 2016-2028 (US$ Bn)

12.3.2. South Africa

12.3.2.1. South Africa Fog Computing Market Estimates and Forecast, 2016-2028 (US$ Bn)

12.3.2.2. South Africa Fog computing Market By type 2016-2028 (US$ Bn)

12.3.2.3. South Africa Fog computing Market By application 2016-2028 (US$ Bn)

12.3.3. Rest of Middle East and Africa

12.3.3.1. Rest of Middle East and Africa Fog Computing Market Estimates and Forecast, 2016-2028 (US$ Bn)

12.3.3.2. Rest of Middle East and Africa Fog computing Market By type 2016-2028 (US$ Bn)

12.3.3.3. Rest of Middle East and Africa Fog computing Market By application 2016-2028 (US$ Bn)

13. Company Profiles

13.1. Cisco Systems Inc.

13.1.1. Company Overview

13.1.2. Products/Green Algae Portfolio

13.1.3. Geographical Presence

13.1.4. Financial Summary

13.1.4.1. Market Revenue and Net Profit (2019-2021)

13.1.4.2. Business Segment Revenue Analysis

13.1.4.3. Geographical Revenue Analysis

13.2. Microsoft Corporation

13.3. ARM Holdings PLC

13.4. Intel Corporation.

13.5. GE Digital

13.6. Fujitsu Ltd.

13.7. Schneider Electric Software LLC

13.8. Toshiba Corporation

13.9. Prismtech Corporation

13.10. Dell’ Inc.

13.11. Nebbiolo Technologies

13.12. Others

Let’s learn more with complete ToC, LoF & LoT– https://www.credenceresearch.com/report/fog-computing-market

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