ID: MRFR/ICT/1938-HCR | February 2021 | Region: Global | 100 pages
Fog computing is the middle layer between the cloud computing datacenters and the hardware, supporting the management of services at edge of the network than in the cloud. The Fog computing enables efficient data management, processing, analysis, and storage before the data is transported to the cloud which is achieved with the smart devices. The application verticals of fog computing market comprises of smart energy, smart homes, smart manufacturing, and connected healthcare among others. The increasing number of connected devices in the smart applications and data transfer to the cloud generates in large amount of data. The fog computing supports in managing the data efficiently at network edge than processing the data in the cloud. It helps integrating both process and intelligence at data level thereby solving the problem and in decision making, transferring only the valuable data to the cloud.
The factors driving the growth of the fog computing market are increasing applications of internet of things in smart energy, smart homes, smart manufacturing, and connected healthcare among others. Other factors supporting the high adoption of fog computing are high response time, high network bandwidth, minimizes network latency, and problem solving at data level among other. Some of the factors limiting the growth of fog computing are security and privacy issues, and authentication issues among others.
Study Objectives of Fog Computing Market:
The prominent players in the fog computing market are – Cisco Systems Inc. (U.S.), Microsoft Corporation (U.S.), Dell Inc. (U.S.), Toshiba Corporation (Japan), Intel Corporation (U.S.), Fujitsu (Japan), ARM Ltd. (U.K.), Schneider Electric Software, LLC (Japan), PrismTech Corporation (U.S.), and Nebbiolo Technologies (U.S.) among others. Segments:
Fog Computing market is segmented on the basis of type and applications.
Fog Computing Market by Type:
Fog Computing Market by Application:
The regional analysis of fog computing is being studied for region such as Asia pacific, North America, Europe and Rest of the World. It has been observed that North America would dominate the fog computing market owing to factors such as increasing adoption of internet of things in applications such as smart homes and connected healthcare. The various players contributing in the development of fog computing market are located in North America such as Cisco Systems Inc. (U.S.), Microsoft Corporation (U.S.), and Dell Inc. (U.S.) among others.
Asia Pacific fog computing market is expected to show a positive growth over the forecast period owing to factors such as growing interest of the government, cloud and data centre companies, trade associations and non-governmental organizations towards cloud computing and digital economy.
Frequently Asked Questions (FAQ) :
A. The type based segments of the fog computing market are hardware and software.
A. By application, the segments of the fog computing market are smart energy, transportation, healthcare, smart buildings and home automation, and smart manufacturing.
A. Increasing adoption of IoT in smart home applications is poised to drive the growth of the fog computing market in the region.
A. Some key players of the fog computing market are Cisco Systems Inc. (U.S.), Dell Inc. (U.S.), Toshiba Corporation (Japan), Microsoft Corporation (U.S.), PrismTech Corporation (U.S.), Intel Corporation (U.S.), ARM Ltd. (U.K.), Fujitsu (Japan), Schneider Electric Software, LLC (Japan), and Nebbiolo Technologies (U.S.)
A. The regional segments studied on the basis of region are North America, Asia, Europe, and Rest of the World (ROW).