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According to a new report, published by KBV research, The Global 5G Edge Computing Market size is expected to reach $69.02 billion by 2031, rising at a market growth of 46.9% CAGR during the forecast period.
Small and medium enterprises (SMEs) increasingly join the adoption curve, leveraging scalable edge solutions to compete with larger players. The availability of off-the-shelf hardware and cloud-supported edge platforms has lowered entry barriers, enabling broader deployment. However, challenges such as high initial costs, complex integration, and security concerns remain hurdles, particularly for smaller organizations.
The Software segment led the maximum revenue in the Global 5G Edge Computing Market by Solution in 2023, thereby, achieving a market value of $31.00 billion by 2031. This dominance can be attributed to the increasing demand for edge applications, cloud-native solutions, and AI-driven analytics that require advanced software frameworks. Enterprises and telecom operators increasingly adopt 5G edge software to optimize network functions, enhance low-latency performance, and support real-time data processing at the edge.
The IT & Telecom segment is growing at a CAGR of 45.3 % during the forecast period. The rapid deployment of 5G networks and the increasing need for low-latency computing solutions have driven telecom operators and IT service providers to adopt edge computing. By leveraging edge infrastructure, telecom companies can enhance network performance, reduce latency, and support emerging applications such as real-time analytics, IoT, and cloud gaming.
Full Report: https://www.kbvresearch.com/5g-edge-computing-market/
The North America region dominated the Global 5G Edge Computing Market by Region in 2023, thereby, achieving a market value of $25.37 billion by 2031. The Europe region is anticipated to grow a CAGR of 46.4% during (2024 - 2031). Additionally, The Asia Pacific region would witness a CAGR of 47.7% during (2024 - 2031).
By Solution
By End Use
By Geography
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