The Asia Pacific 5G Edge Computing Market would witness market growth of 47.7% CAGR during the forecast period (2024-2031).
The China market dominated the Asia Pacific 5G Edge Computing Market by Country in 2023, and would continue to be a dominant market till 2031; thereby, achieving a market value of $5,547.1 million by 2031. The Japan market is registering a CAGR of 46.9% during (2024 - 2031). Additionally, The India market would showcase a CAGR of 48.7% during (2024 - 2031).
In healthcare, 5G edge computing revolutionizes patient care through applications like remote surgery and real-time patient monitoring. Surgeons can perform complex procedures from miles away using robotic systems supported by ultra-low latency 5G networks. At the same time, wearable devices and sensors provide continuous health data analyzed at the edge for immediate alerts and interventions.
Entertainment and gaming are also key beneficiaries, with 5G edge computing enabling immersive experiences like augmented reality (AR) and virtual reality (VR). Low latency ensures smooth, lag-free gameplay and interactive streaming, while edge-based content delivery networks (CDNs) cache data closer to users for faster load times.
The market is witnessing robust growth, driven by advancements in software services, smart city initiatives, and data center expansion. China’s software and information technology services industry generated 12.33 trillion yuan (approximately $1.73 trillion) in revenue in 2023, reflecting a 13.4% year-on-year increase. This growth, which outpaced the 2022 rate by 2.2 percentage points, highlights China’s expanding digital economy and increasing reliance on cloud-based and AI-driven applications. India’s urban system ranks second-largest worldwide, accommodating 11% of the global urban population. The Smart Cities Mission has significantly improved the quality of life in 100 cities by implementing citizen-centric digital initiatives, boosting demand for edge computing solutions. Singapore ranks third globally for data centers due to its robust digital ecosystem, excellent connectivity, and high demand for cloud services. Despite a moratorium on new data centers from 2019 to early 2023, Singapore continues to see strong expansion in cloud infrastructure. Thus, India, China, and Singapore are driving the growth of the market through rapid digitalization, smart city expansion, and data center investments.
Free Valuable Insights: The Global 5G Edge Computing Market is Predict to reach USD 69.02 Billion by 2031, at a CAGR of 46.9%
Based on Solution, the market is segmented into Software, Services and Hardware. Based on End Use, the market is segmented into IT & Telecom, Datacenters, Automotive, Smart Cities, Smart Homes, & Smart Buildings, Healthcare, Energy & Utilities, and Other End Use. Based on countries, the market is segmented into China, Japan, India, South Korea, Australia, Malaysia, and Rest of Asia Pacific.
By Solution
By End Use
By Country
Our team of dedicated experts can provide you with attractive expansion opportunities for your business.
Unique Offerings 