The rapid increase of Internet of Things (IoT), mobile, and other endpoint devices is generating an unprecedented need for localized computing and data providers.
This is fueling significant growth in edge computing technologies. According to Grand View Research, the market for edge computing stood at $3.5 billion in 2019, and the firm estimates the compound annual growth rate (CAGR) for edge computing technologies will exceed 37% from 2020 to 2027.
While the market continues to grow and evolve, organizations are investing in their infrastructure to bring their data closer to the edge.
Intricately partners with today's leading edge computing providers
From high-growth startups like Fastly and Cloudflare to tech giants like IBM and HPE, providers of all sizes are throwing their hats in the ring with solutions that decentralize storage, computing, and data analytics.
Check out these recent market perspectives from today's leading edge computing companies:
"The flexible, decentralized nature of serverless apps makes them able to be deployed someplace previously impossible: the edge. Edge serverless enables the logic of serverless apps to be distributed around the world, giving all users the same performant experience no matter how close they are to the central cloud."
— Mark Teodoro
Principal Product Technologist @ Fastly
"Traditional IT architectures are pushing data beyond cloud services and data centers to the edge – and require dedicated resources closer to end users and devices."
— Chris Sharp
Chief Technology Officer (CTO) @ Digital Realty
"Every industry and application can benefit from the edge; though certain applications and services in microservices architecture work better if placed at the edge than in the core particularly because they are closer to user and data – e.g. autonomous vehicles, smart cities, new media experiences, end-user and application security particularly in a distributed workforce."
— Ashok Ganesan
Chief Product Officer @ Stackpath
For a full analysis of the edge computing market, download Intricately's 2021 State of the Edge Cloud Market Report
As the authoritative source of cloud product adoption, usage, and spend insights, Intricately has identified various cloud market spend and adoption trends that signal the growth and demand of this shift toward edge computing.
Within the report, you’ll find analysis of:
- The rising deployment of content delivery networks (CDNs) across various company sizes and geographies
- The increasing deployment of hybrid application hosting environments
- The public points-of-presence count among leading companies who have deployed edge computing
Download the report today and secure your position as an early provider in the edge computing landscape.