North America Edge Computing Market Forecast to 2028

According to the research team’ research, the North America edge computing market was valued at US$ 16,212.71 million in 2022 and is expected to reach US$ 52,976.45 million by 2028, registering a CAGR of 21.8% from 2022 to 2028. Increase in adoption of IOT across industries and extremely low latency and high availability of bandwidth are the critical factors attributed to the North America edge computing market expansion.

The advent of IoT has enabled more than millions of devices to be connected over the internet. The proliferation of IoT has led to a significant surge in data, due to which industries increasingly rely on centralized cloud computing and storage solutions. Edge computing is on the location where data is collected or used, allowing IoT data to be gathered and processed at the edge rather than sending the data back to a datacenter or cloud. This exponential growth in data traffic over the internet is attributed to the growing penetration of smartphones and other consumer electronic devices that can be connected over the internet due to the growing popularity of IoT. A few advantages of edge computing, including efficient data management, low connectivity costs, and better security practices, accelerate its usage across industries such as automotive, agriculture, oil & gas, healthcare and among other industries.

Strong internet infrastructural deployments in the advanced countries coupled with the rolling out of advanced infrastructures, such as 5G and fiber optic cables, enable the establishment of new use cases, such as Fixed Wireless Access, Massive IoT, and Critical IoT. Such advancements in internet technology are driving individuals and businesses to harness the best out of the presented opportunity and maximize the revenue generation streams. Additionally, the government initiatives toward the digitalization of economies are leading to the exponential growth of data traffic over the internet in various countries and also on a North America scale for other developing economies.

On the contrary, rising risks and concerns related to data privacy hurdles the growth of North America edge computing market.

Based on component, the North America edge computing market is segmented into hardware, software, and services. The hardware segment held 47.5 % share North America edge computing market in 2022, amassing US$ 7,700.97 million. It is projected to garner US$ 23,503.93 million by 2028 to expand at 20.4% CAGR during 2022-2028.

Based on organization Size, the North America edge computing market is segmented into SMEs and large enterprises. The large enterprises segment held 63.6% share of North America edge computing market in 2022, amassing US$ 10,315.38 million. It is projected to garner US$ 32,424.83 million by 2028 to expand at 21.0% CAGR during 2022-2028.

Based on application, the North America edge computing market is segmented into smart cities, industrial internet of things (IIOT), remote monitoring, content delivery, augmented reality and virtual reality, and others. The smart cities segment held 29.8% share of North America edge computing market in 2022, amassing US$ 4,835.03 million. It is projected to garner US$ 17,364.28 million by 2028 to expand at 23.7% CAGR during 2022-2028.

Based on verticals, the North America edge computing market is segmented into manufacturing, energy and utilities, government, IT and telecom, retail and consumer goods, transportation and logistics, healthcare, and others. The IT and telecom segment held 23.1% share of North America edge computing market in 2022, amassing US$ 3,743.87 million. It is projected to garner US$ 11,646.28 million by 2028 to expand at 20.8% CAGR during 2022-2028.

Based on country, the North America edge computing market has been categorized into the US, Canada, and Mexico. Our regional analysis states that US captured 78.3% share of North America edge computing market in 2022. It was assessed at US$ 12,691.31 million in 2022 and is likely to hit US$ 42,063.30 million by 2028, exhibiting a CAGR of 22.1% during 2022-2028.

Key players operating in the North America edge computing market are ADLINK Technology Inc; Amazon Web Services; Dell Technologies; EdgeConnex Inc.; FogHorn Systems; IBM Corporation; Litmus Automation, Inc; Microsoft Corporation; Hewlett Packard Enterprise Development LP (HPE); and Vapor IO, Inc; among others.

In 2022, Maxis one of Malaysia’s largest telecoms providers, has collaborated up with Hewlett Packard Enterprise (HPE) to build the country’s first multi-access edge computing (MEC) solution for enterprises. In 2022, Amazon Web Services (AWS) and VMware have collaborated to offer 5G and edge computing solutions in the United States.

1. Introduction
1.1 Study Scope
1.2 The Research Team Report Guidance
1.3 Market Segmentation
1.3.1 Edge Computing Market – By Component
1.3.2 Edge Computing Market – By Enterprise Size
1.3.3 Edge Computing Market – By Application
1.3.4 Edge Computing Market – By Verticals
1.3.5 Edge Computing Market- By Region
2. Key Takeaways
3. Research Methodology
3.1 Coverage
3.2 Secondary Research
3.3 Primary Research
4. North America Edge Computing Market Landscape
4.1 Market Overview
4.2 PEST Analysis
4.2.1 North America
4.3 Ecosystem Analysis
4.4 North America Expert Opinion
5. North America Edge Computing Market – Key Market Dynamics
5.1 Market Drivers
5.1.1 Increase in Adoption of IoT across Industries
5.1.2 Extremely Low Latency and High Availability of Bandwidth
5.2 Market Restraints
5.2.1 Rising Risks and Concerns Related to Data Privacy
5.2.2 Challenges Associated with Remote Management
5.3 Market Opportunities
5.3.1 Introduction of Autonomous Vehicles and Connected Car Infrastructure
5.4 Market Trends
5.4.1 Emergence of 5G Network to Deliver Instant Communication Experiences
5.5 Impact Analysis of Drivers and Restraints
6. Edge Computing Market – North America Analysis
6.1 North America Edge Computing Market Overview
6.2 North America Edge Computing Market – Revenue and Forecast to 2028 (US$ Billion)
7. North America Edge Computing Market Analysis – By Component
7.1 Overview
7.2 North America Edge Computing Market, By Component (2021 And 2028)
7.3 Hardware
7.3.1 Overview
7.3.2 Hardware: North America Edge Computing Market Revenue and Forecast To 2028 (US$ Billion)
7.4 Software
7.4.1 Overview
7.4.2 Software: North America Edge Computing Market Revenue and Forecast To 2028 (US$ Billion)
7.5 Services
7.5.1 Overview
7.5.2 Services: North America Edge Computing Market Revenue and Forecast To 2028 (US$ Billion)
8. North America Edge Computing Market Analysis – By Application
8.1 Overview
8.2 North America Edge Computing Market, By Application (2021 And 2028)
8.3 Smart Cities
8.3.1 Overview
8.3.2 Smart Cities: North America Edge Computing Market Revenue and Forecast To 2028 (US$ Billion)
8.4 Industrial Internet of Things (IIoT)
8.4.1 Overview
8.4.2 Industrial Internet of Things (IIoT): North America Edge Computing Market Revenue and Forecast To 2028 (US$ Billion)
8.5 Remote Monitoring
8.5.1 Overview
8.5.2 Remote Monitoring: North America Edge Computing Market Revenue and Forecast To 2028 (US$ Billion)
8.6 Content Delivery
8.6.1 Overview
8.6.2 Content Delivery: North America Edge Computing Market Revenue and Forecast To 2028 (US$ Billion)
8.7 Augmented Reality and Virtual Reality
8.7.1 Overview
8.7.2 Augmented Reality and Virtual Reality: North America Edge Computing Market Revenue and Forecast To 2028 (US$ Billion)
8.8 Others
8.8.1 Overview
8.8.2 Others: North America Edge Computing Market Revenue and Forecast To 2028 (US$ Billion)
9. North America Edge Computing Market Analysis – By Enterprise Size
9.1 Overview
9.2 North America Edge Computing Market, By Enterprise Size (2021 and 2028)
9.3 Small and Medium Enterprises
9.3.1 Overview
9.3.2 Small and Medium Enterprises: North America Edge Computing Market Revenue and Forecast To 2028 (US$ Billion)
9.4 Large Enterprises
9.4.1 Overview
9.4.2 Large Enterprises: North America Edge Computing Market Revenue and Forecast To 2028 (US$ Billion)
10. North America Edge Computing Market Analysis – By Industry
10.1 Overview
10.2 North America Edge Computing Market, By Industry (2021 And 2028)
10.3 Manufacturing
10.3.1 Overview
10.3.2 Manufacturing: North America Edge Computing Market Revenue and Forecast To 2028 (US$ Billion)
10.4 Energy & Utility
10.4.1 Overview
10.4.2 Energy & Utility: North America Edge Computing Market Revenue and Forecast To 2028 (US$ Billion)
10.5 Government
10.5.1 Overview
10.5.2 Government: North America Edge Computing Market Revenue and Forecast To 2028 (US$ Billion)
10.6 IT and Telecom
10.6.1 Overview
10.6.2 IT and Telecom: North America Edge Computing Market Revenue and Forecast To 2028 (US$ Billion)
10.7 Healthcare
10.7.1 Overview
10.7.2 Healthcare: North America Edge Computing Market Revenue and Forecast To 2028 (US$ Billion)
10.8 Retail and Consumer Goods
10.8.1 Overview
10.8.2 Retail and Consumer Goods: North America Edge Computing Market Revenue and Forecast To 2028 (US$ Billion)
10.9 Transportation and Logistics
10.9.1 Overview
10.9.2 Transportation and Logistics: North America Edge Computing Market Revenue and Forecast To 2028 (US$ Billion)
10.10 Others
10.10.1 Overview
10.10.2 Others: North America Edge Computing Market Revenue and Forecast To 2028 (US$ Billion)
11. North America Edge Computing Market -Country Analysis
11.1 North America: Edge Computing Market
11.1.1 Overview
11.1.2 North America Edge Computing Market Breakdown, by Country
11.1.2.1 US Edge Computing Market, Revenue and Forecast to 2028
11.1.2.1.1 US Edge Computing Market Breakdown, by Component
11.1.2.1.2 US Edge Computing Market Breakdown, by Application
11.1.2.1.3 US Edge Computing Market Breakdown, by Enterprise Size
11.1.2.1.4 US Edge Computing Market Breakdown, by Industry
11.1.2.2 Canada Edge Computing Market, Revenue and Forecast to 2028
11.1.2.2.1 Canada Edge Computing Market Breakdown, by Component,
11.1.2.2.2 Canada Edge Computing Market Breakdown, by Application
11.1.2.2.3 Canada Edge Computing Market Breakdown, by Enterprise Size
11.1.2.2.4 Canada Edge Computing Market Breakdown, by Industry
11.1.2.3 Mexico Edge Computing Market, Revenue and Forecast to 2028
11.1.2.3.1 Mexico Edge Computing Market Breakdown, by Component
11.1.2.3.2 Mexico Edge Computing Market Breakdown, by Application
11.1.2.3.3 Mexico Edge Computing Market Breakdown, by Enterprise Size
11.1.2.3.4 Mexico Edge Computing Market Breakdown, by Industry
12. North America Edge Computing Market-Industry Landscape
12.1 Overview
12.2 Market Initiative
12.3 Merger and Acquisition
12.4 New Product Launch
13. Company Profiles
13.1 ADLINK Technology Inc.
13.1.1 Key Facts
13.1.2 Business Description
13.1.3 Products and Services
13.1.4 Financial Overview
13.1.5 SWOT Analysis
13.1.6 Key Developments
13.2 Amazon Web Services
13.2.1 Key Facts
13.2.2 Business Description
13.2.3 Products and Services
13.2.4 Financial Overview
13.2.5 SWOT Analysis
13.2.6 Key Developments
13.3 Dell Technologies
13.3.1 Key Facts
13.3.2 Business Description
13.3.3 Products and Services
13.3.4 Financial Overview
13.3.5 SWOT Analysis
13.3.6 Key Developments
13.4 EdgeConnex Inc.
13.4.1 Key Facts
13.4.2 Business Description
13.4.3 Products and Services
13.4.4 Financial Overview
13.4.5 SWOT Analysis
13.4.6 Key Developments
13.5 FogHorn Systems
13.5.1 Key Facts
13.5.2 Business Description
13.5.3 Products and Services
13.5.4 Financial Overview
13.5.5 SWOT Analysis
13.5.6 Key Developments
13.6 IBM Corporation
13.6.1 Key Facts
13.6.2 Business Description
13.6.3 Products and Services
13.6.4 Financial Overview
13.6.5 SWOT Analysis
13.6.6 Key Developments
13.7 Litmus Automation, Inc.
13.7.1 Key Facts
13.7.2 Business Description
13.7.3 Products and Services
13.7.4 Financial Overview
13.7.5 SWOT Analysis
13.7.6 Key Developments
13.8 Microsoft Corporation
13.8.1 Key Facts
13.8.2 Business Description
13.8.3 Products and Services
13.8.4 Financial Overview
13.8.5 SWOT Analysis
13.8.6 Key Developments
13.9 Hewlett Packard Enterprise Development LP (HPE)
13.9.1 Key Facts
13.9.2 Business Description
13.9.3 Products and Services
13.9.4 Financial Overview
13.9.5 SWOT Analysis
13.9.6 Key Developments
13.10 Vapor IO, Inc.
13.10.1 Key Facts
13.10.2 Business Description
13.10.3 Products and Services
13.10.4 Financial Overview
13.10.5 SWOT Analysis
13.10.6 Key Developments
14. Appendix
14.1 About Research Team
14.2 Word Index

Table 1. North America Edge Computing Market – Revenue and Forecast to 2028 (US$ Billion)
Table 2. North America Edge Computing Market, Revenue and Forecast To 2028 – By Country (US$ Billion)
Table 3. US Edge Computing Market, Revenue and Forecast to 2028 – by Component (US$ Billion)
Table 4. US Edge Computing Market, Revenue and Forecast to 2028 – by Application (US$ Billion)
Table 5. US Edge Computing Market, Revenue and Forecast to 2028 – by Enterprise Size (US$ Billion)
Table 6. US Edge Computing Market, Revenue and Forecast to 2028 – by Industry (US$ Billion)
Table 7. Canada Edge Computing Market, Revenue and Forecast to 2028 – by Component (US$ Billion)
Table 8. Canada Edge Computing Market, Revenue and Forecast to 2028 – by Application (US$ Billion)
Table 9. Canada Edge Computing Market, Revenue and Forecast to 2028 – by Enterprise Size (US$ Billion)
Table 10. Canada Edge Computing Market, Revenue and Forecast to 2028 – by Industry (US$ Billion)
Table 11. Mexico Edge Computing Market Breakdown, by Component
Table 12. Mexico Edge Computing Market, Revenue and Forecast to 2028 – by Application (US$ Billion)
Table 13. Mexico Edge Computing Market, Revenue and Forecast to 2028 – by Enterprise Size (US$ Billion)
Table 14. Mexico Edge Computing Market, Revenue and Forecast to 2028 – by Industry (US$ Billion)
Table 15. List of Abbreviation

Figure 1. North America Edge Computing Market Segmentation
Figure 2. North America Edge Computing Market Segmentation – By Country
Figure 3. North America Edge Computing Market Overview
Figure 4. Hardware Segment held the Largest Share of North America Edge Computing Market
Figure 5. Large Enterprise Segment held the Largest Share of North America Edge Computing Market
Figure 6. Smart Cities Segment held the Largest Share of North America Edge Computing Market
Figure 7. IT and Telecom Segment held the Largest Share of North America Edge Computing Market
Figure 8. The US to Show Great Traction During Forecast Period
Figure 9. North America: PEST Analysis
Figure 10. North America Expert Opinion
Figure 11. North America Edge Computing Market: Impact Analysis of Drivers and Restraints
Figure 12. North America Edge Computing Market – Revenue and Forecast to 2028 (US$ Billion)
Figure 13. North America Edge Computing Market, By Component (2021 and 2028)
Figure 14. Hardware: North America Edge Computing Market Revenue and Forecast to 2028 (US$ Billion)
Figure 15. Software: North America Edge Computing Market Revenue and Forecast to 2028 (US$ Billion)
Figure 16. Services: North America Edge Computing Market Revenue and Forecast to 2028 (US$ Billion)
Figure 17. North America Edge Computing Market, By Application (2021 and 2028)
Figure 18. Smart Cities: North America Edge Computing Market Revenue and Forecast to 2028 (US$ Billion)
Figure 19. Industrial Internet of Things (IIoT): North America Edge Computing Market Revenue and Forecast to 2028 (US$ Billion)
Figure 20. Remote Monitoring: North America Edge Computing Market Revenue and Forecast to 2028 (US$ Billion)
Figure 21. Content Delivery: North America Edge Computing Market Revenue and Forecast to 2028 (US$ Billion)
Figure 22. Augmented Reality and Virtual Reality: North America Edge Computing Market Revenue and Forecast to 2028 (US$ Billion)
Figure 23. Others: North America Edge Computing Market Revenue and Forecast to 2028 (US$ Billion)
Figure 24. North America Edge Computing Market, By Enterprise Size (2021 and 2028)
Figure 25. Small and Medium Enterprises: North America Edge Computing Market Revenue and Forecast to 2028 (US$ Billion)
Figure 26. Large Enterprises: North America Edge Computing Market Revenue and Forecast to 2028 (US$ Billion)
Figure 27. North America Edge Computing Market, By Industry (2021 and 2028)
Figure 28. Manufacturing: North America Edge Computing Market Revenue and Forecast to 2028 (US$ Billion)
Figure 29. Energy & Utility : North America Edge Computing Market Revenue and Forecast to 2028 (US$ Billion)
Figure 30. Government: North America Edge Computing Market Revenue and Forecast to 2028 (US$ Billion)
Figure 31. IT and Telecom: North America Edge Computing Market Revenue and Forecast to 2028 (US$ Billion)
Figure 32. Healthcare: North America Edge Computing Market Revenue and Forecast to 2028 (US$ Billion)
Figure 33. Retail and Consumer Goods: North America Edge Computing Market Revenue and Forecast to 2028 (US$ Billion)
Figure 34. Transportation and Logistics: North America Edge Computing Market Revenue and Forecast to 2028 (US$ Billion)
Figure 35. Others: North America Edge Computing Market Revenue and Forecast to 2028 (US$ Billion)
Figure 36. North America Edge Computing Market Breakdown Revenue, by Country, 2021 & 2028 (US$ Billion)
Figure 37. North America Edge Computing Market Breakdown, by Country, 2021 & 2028 (%)
Figure 38. US Edge Computing Market, Revenue and Forecast to 2028 (US$ Billion)
Figure 39. Canada Edge Computing Market, Revenue and Forecast to 2028 (US$ Billion)
Figure 40. Mexico Edge Computing Market, Revenue and Forecast to 2028 (US$ Billion)