Dublin, Dec. 05, 2022 (GLOBE NEWSWIRE) -- The "LAMEA Edge Computing Market Size, Share & Industry Trends Analysis Report by Organization Size, Application, Component (Hardware, Software, and Services), Vertical, Country and Growth Forecast, 2022-2028" report has been added to ResearchAndMarkets.com's offering.
The Latin America, Middle East and Africa Edge Computing Market should witness market growth of 20.9% CAGR during the forecast period (2022-2028).
Because data can be retrieved directly from the endpoints instead of from a remote centralized data center, then sent back to the endpoints, organizations may avoid concerns with speed and connectivity owing to edge computing. Applications can continue to be improved for better performance and a better user experience by cutting down on the distance they have to travel to retrieve data from a data center.
Even when there is a problem with inadequate internet access, data can still be collected and processed with little to no difficulty using edge computing. Additionally, if one edge device fails, it won't affect how the ecosystem's other edge devices function, improving the reliability of the overall connected system. Edge computing makes it easier and faster for AI/ML applications to get results since data is processed close to where it is created.
The United Arab Emirates is a leader in the deployment of 5G mobile technology in the Middle East and North Africa (MENA) region, mostly as a result of government support and corporations' substantial investments in digitizing their IT infrastructure. The UAE's telecom authority anticipates that the entire country would be covered by 5G networks in the upcoming years. The country's efforts to fulfill this objective place it at the forefront of 5G implementation in the MENA region, which is preparing for 5G faster than other worldwide areas.
The Brazil market dominated the LAMEA Edge Computing Market by Country in 2021; thereby, achieving a market value of $2.3 billion by 2028. The Argentina market is showcasing a CAGR of 21.5% during (2022-2028). Additionally, The UAE market would register a CAGR of 20.5% during (2022-2028).
Based on Organization Size, the market is segmented into Large Enterprises and SMEs. Based on Application, the market is segmented into Smart Cities, Industrial Internet of Things (IIoT), Remote Monitoring, Content Delivery, Augmented Reality (AR) & Virtual Reality (VR), and Others. Based on Component, the market is segmented into Hardware, Software, and Services. Based on Vertical, the market is segmented into Manufacturing, Government & Defense, Retail & Consumer Goods, Healthcare & Life Sciences, Telecommunications, Transportation & Logistics, Media & Entertainment, Energy & Utilities, and Others. Based on countries, the market is segmented into Brazil, Argentina, UAE, Saudi Arabia, South Africa, Nigeria, and Rest of LAMEA.
Scope of the Study
By Organization Size
Industrial Internet of Things (IIoT)
Augmented Reality (AR) & Virtual Reality (VR)
Government & Defense
Retail & Consumer Goods
Healthcare & Life Sciences
Transportation & Logistics
Media & Entertainment
Energy & Utilities
Rest of LAMEA
Key Market Players
Cisco Systems, Inc.
Hewlett Packard Enterprise
Huawei Technologies Co., Ltd.
Dell Technologies, Inc.
Amazon Web Services, Inc.
Key Topics Covered:
Chapter 1. Market Scope & Methodology
Chapter 2. Market Overview
Chapter 3. Competition Analysis - Global
Chapter 4. LAMEA Edge Computing Market by Organization Size
Chapter 5. LAMEA Edge Computing Market by Application
Chapter 6. LAMEA Edge Computing Market by Component
Chapter 7. LAMEA Edge Computing Market by Vertical
Chapter 8. LAMEA Edge Computing Market by Country
Chapter 9. Company Profiles
For more information about this report visit https://www.researchandmarkets.com/r/osp7jz
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