Edge Computing Market Size is USD 109.1 Billion in 2025

The global edge computing market exceeded USD 14.11 billion in 2024 and is projected to reach USD 109.1 billion by 2034, growing at a CAGR of 22.7%. Market growth is fueled by rising demand for low-latency processing, IoT integration, and real-time data analytics across industries.

Edge Computing Market Highlights

• By region, North America dominated the global market in 2024.
• By region, Asia Pacific is anticipated to grow at the fastest rate in the market during the forecast period.
• By type, the hardware segment held a dominant presence in the market in 2024.
• By type, the software and service segment is expected to grow at the fastest rate in the edge computing market during the forecast period of 2025 to 2034.
• By application, the IT and telecom segment accounted for a considerable share of the market in 2024.
• By application, the healthcare and life sciences segment is projected to experience the highest growth rate in the market between 2025 and 2034.

Edge Computing Market Statical Scope

The edge computing market is accelerating as industries tap into the superior processing power in newer systems to process data closer to the business’s desired source, reducing latency and enabling real-time decision-making for applications like autonomous vehicles, smart factories, and healthcare monitoring. The increasing use of IoT devices and the subsequent demand for low-latency networks to support real-time responses are major drivers boosting expansion in the edge computing sector. Still, the market faces restraints such as high infrastructure costs, cybersecurity risks from distributed networks, and the lack of standardized frameworks for large-scale deployment. Despite these hurdles, opportunities are abundant as 5G rollouts expand the potential of edge computing, cloud–edge collaborations gain traction, and enterprises increasingly look to leverage AI at the edge to enhance operational efficiency and customer experiences.

Edge Computing Market Market Companies

• IBM
• Microsoft
• Amazon Web Services
• Dell
• Cisco
• HPE
• Huawei
• Lenovo
• Nokia
• Fujitsu
• Gigabyte Technology
• GE
• ADLINK
• Advantech
• Atos
• Litmus Automation

Edge Computing Market Segmentation

By Type

• Hardware
• Software and Service

By Application

• Transportation and Logistics
• Manufacturing
• Energy and Utilities
• Healthcare and Life Sciences
• IT and Telecom
• Others

By Region

• North America
• Europe
• Asia Pacific
• Latin America
• Middle East and Africa