News Market Insights

According to the International Telecommunication Union (ITU), the global mobile data traffic per month will surge from 543EB in 2025 to 4,394EB in 2030. Thus, the mounting mobile data traffic, on account of the increasing internet penetration and surging adoption of internet of things (IoT) devices and smartphones, will augment the establishment of edge data centers in the coming years. These centers are small data centers that are located near the edge of a network. Such centers offer the same devices provided by the traditional data centers, but are confined to a smaller area andcloser to end-users and devices. Additionally, the mounting over-the-top traffic will also fuel the edge data center market at a CAGR of 25.4% during 2020–2030. The market revenue stood at $5.3 billion in 2019 and it is projected to reach $53.1 billion by 2030 . The surging OTT traffic can be attributed to the burgeoning demand for OTT services and rising shift toward online content. OTT platforms often exper...

Globally, North America holds the largest share in the edge data center market due to the surging data traffic, rising government initiatives for the development of data centers, and increasing commercialization of 5G in the region. Of the North American nations, the U.S. is the larger revenue contributor to the regional market as manystates in the U.S. provide extensive financial incentives for data centers and huge investments are being made by private companies in edge data centers in these states. Whereas, the Asia-Pacific (APAC) edge data center market is expected to register the fastest growth during the forecast period. This can be ascribed to the rising internet penetration in the developing countries, such as China, Indonesia, and India, and increasing digitization in this region. For instance, the Internet & Mobile Association of India (IAMAI) revealed that in November 2019, India had over 504 million active internet users, which was a 12% more than the number recorded ...