Global Fog Computing Market Overview:

According to the latest report by IMARC Group, titled “Fog Computing Market Size: Global Industry Trends, Share, Growth, Opportunity and Forecast 2022-2027,” the global fog computing market reached a value of US$ 151.7 Million in 2021. Looking forward, IMARC Group expects the market to reach US$ 322.7 Million by 2027, exhibiting at a CAGR of 12.7% during 2022-2027.

Fog computing or fog networking is a decentralized computing architecture, which deploys edge devices for storing, computing, communicating, and locating resources between cloud and data sources. It is extensively utilized in various verticals for enabling users for placing assets, produce data and applications in order to enhance operational efficiency. At present, fog computing includes various applications, such as software-defined networks, vehicle networks, smart grids, and infrastructure.

Report Coverage:

Report Features	Details
Base Year of the Analysis	2021
Historical Period	2016-2021
Forecast Period	2022-2027

We are regularly tracking the direct effect of COVID-19 on the market, along with the indirect influence of associated industries. These observations will be integrated into the report.

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GlobalFog Computing Market Trends:

The increasing utilization of the Internet of Things (IoT) in various commercial and residential sectors due to the flexibility and agility of big data solutions is primarily driving the global fog computing market growth. Additionally, the widespread adoption of fog computing for enhancing business and service efficiency by producing revenue-generating products is another growth-inducing factor. Other than this, the escalating consciousness amongst users and consumers regarding the various data security threats, such as malware practices, hacking, and identity threats, are creating a positive outlook for the market across the globe.

Global Fog Computing Market 2022-2027 Analysis and Segmentation:

Competitive Landscape with Key Players:

The competitive landscape of the industry has also been examined along with the profiles of the key players being

ADLINK Technology Inc.
Cisco Systems Inc
Cradlepoint Inc. (Telefonaktiebolaget LM Ericsson)
Dell Technologies Inc
FogHorn Systems
Fujitsu Limited
General Electric
Hitachi Vantara Corporation (Hitachi Ltd.)
Huawei Technologies Co. Limited
International Business Machines Corporation
Oracle Corporation
Toshiba Corporation

Our report has categorized the market based on components, deployment models, and applications.

Breakup by Component:

Hardware
- Gateways
- Routers and Switches
- IP Video Cameras
- Sensors
- Micro Data Center
Software
- Fog Computing Platform
- Customized Application Software

Breakup by Deployment Models:

Private Fog Node
Community Fog Node
Public Fog Node
Hybrid Fog Node

Breakup by Application:

Connected Vehicles
Smart Grids
Smart Cities
Connected Healthcare
Smart Manufacturing

Breakup by Region:

North America (United States, Canada)
Europe (Germany, France, United Kingdom, Italy, Spain, Others)
Asia Pacific (China, Japan, India, Australia, Indonesia, Korea, Others)
Latin America (Brazil, Mexico, Others)
Middle East and Africa (United Arab Emirates, Saudi Arabia, Qatar, Iraq, Other)

Key Highlights of the Report:

Market Performance (2016-2021)
Market Outlook (2022-2027)
Porter’s Five Forces Analysis
Market Drivers and Success Factors
SWOT Analysis
Value Chain
Comprehensive Mapping of the Competitive Landscape

Note: If you need specific information that is not currently within the scope of the report, we can provide it to you as a part of the customization.

About Us:

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