Fog Computing Market Size and Growth
Rate:
According
to the Research Report, the Global Fog Computing Market Size was Expected to
Reach 19 Billion USD by 2025 with a CAGR of 29% during the forecast period
2019-2025.
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developed on Fog Computing Market @ https://www.researchcosmos.com/reports/fog-computing-market/93413690
Fog Computing Market Overview:
Fog
computing technology is also known as fog networks. Fog computing technology
reduces the size of the data of the files or data that must be uploaded to the
cloud for the analysis, storage and processing of data. Fog calculation deals
with most data through smartphones and data centers, and also helps improve
safety and end-user compliance.
Fog Computing Market Growth Drivers
and Restraints:
The
factors that drive the global market for fog computing are the limitations of
the bandwidth of IoT infrastructure, real-time operational improvements and
network analysis requirements. System Integrators and the communication
technologies of platform providers generate a global market. Other factors
driving the market are increasing cloud service providers, automation
processes, lower capital requirements and availability of intellectual capital.
The global fog computing market has been improved due to increased Internet of things,
the cloud computing, intelligent sensors that generate large amounts of data
and higher computer demands.
The
absence of government standards and the absence of technical capabilities limit
the global market. Urbanization, rising demand and innovative technologies are
affecting the growth of fog computing markets, as the demand for fog
calculation increases not only in urban areas but also in industrial sectors.
In addition, there are many opportunities for growth in the communications
technology of the providers of systems integrators. It is expected that it will
lead the market in the near future. Other factors, such as the growth
opportunities of the cloud service provider, are another opportunity for growth
in the fog computing market.
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Fog Computing Market Geographical
Segmentation:
North
America has dominated the fog computing market in 2016. Key factors that drive
regional growth include the adoption of IoT and the increase in investment in
ongoing research on the development of high- fog architecture. On the other
hand, it is expected that the presence of several players in this area will
lead to the adoption of this technology. The Asia-Pacific region accounted for
more than 15% of revenue in 2016. Industry is growing with the need to take
advantage of the benefits of a hybrid computer environment to provide flexibility
and agility. In addition, the region offers growth opportunities to implement
fog networks through the widespread adoption of cloud services in the main
economies of China, Japan and Australia.
Keyplayers of the Fog
Computing Market:
Among the
main players in the industry are Cisco Systems, Inc., Nebbiolo Technologies,
PrismTech and FogHorn Systems. The company participates in associations and
cooperation to develop effective solutions in fog and edge scenarios.
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