The edge computing market is seeing exponential growth. In fact, IDC anticipates that spending on edge computing will reach $250 billion in 2024. So, what are the driving forces behind this growth?
There are many contributing factors. First, the options of where to deploy edge services are expanding from data center and central cloud to network edge, telco edge and device edge. In addition, the use cases for these new services are growing at a rapid pace, particularly since COVID-19 has decentralized the world. Looking into 2021 and beyond, here is what we can expect from the edge computing market: