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Fog Networking Trends and Forecast
The future of the global fog networking market looks promising with opportunities in the building & home automation, smart manufacturing, connected healthcare, smart energy, and transportation & logistics markets. The global fog networking market is expected to reach an estimated $633.0 million by 2030 with a CAGR of 16.2% from 2024 to 2030. The major drivers for this market are increasing penetration of internet of things (IoT), on-going advancements of edge computing infrastructure, and growing demand for real-time computing.
A more than 150-page report is developed to help in your business decisions. Sample figures with some insights are shown below.
Fog Networking by Segment
The study includes a forecast for the global fog networking by component, application, and region
Fog Networking Market by Component [Shipment Analysis by Value from 2018 to 2030]:
• Hardware
• Software
• Service
Fog Networking Market by Application [Shipment Analysis by Value from 2018 to 2030]:
• Building and Home Automation
• Smart Manufacturing
• Connected Healthcare
• Smart Energy
• Transportation and Logistics
• Others
Fog Networking Market by Region [Shipment Analysis by Value from 2018 to 2030]:
• North America
• Europe
• Asia Pacific
• The Rest of the World
List of Fog Networking Companies
Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies fog networking companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the fog networking companies profiled in this report include-
• Fujitsu
• Intel Corporation
• Amazon Web Services
• Dell
• Huawei Technologies
• IBM Corporation
• Google Cloud Platform
• Arista Networks
• Cisco Systems
• Microsoft Corporation
Fog Networking Market Insights
Lucintel forecasts that hardware will remain the largest segment over the forecast period due to the expanding utilization of fog networking tools and equipment, such as edge servers, routers, gateways, and sensors.
Within this market, transportation & logistics will remain the largest segment.
North America is expected will remain the largest region over the forecast period due to rising trend of connected cars and early adoption of advanced technology in the region.
Features of the Global Fog Networking Market
Market Size Estimates: Fog networking market size estimation in terms of value ($M).
Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.
Segmentation Analysis: Fog networking market size by component, application, and region in terms of value ($M).
Regional Analysis: Fog networking market breakdown by North America, Europe, Asia Pacific, and Rest of the World.
Growth Opportunities: Analysis of growth opportunities in different components, applications, and regions for the fog networking market.
Strategic Analysis: This includes M&A, new product development, and competitive landscape of the fog networking market.
Analysis of competitive intensity of the industry based on Porter’s Five Forces model.
FAQ
Q.1 What is the fog networking market size?
Answer: The global fog networking market is expected to reach an estimated $633.0 million by 2030.
Q.2 What is the growth forecast for fog networking market?
Answer: The global fog networking market is expected to grow with a CAGR of 16.2% from 2024 to 2030.
Q.3 What are the major drivers influencing the growth of the fog networking market?
Answer: The major drivers for this market are increasing penetration of internet of things (IoT), on-going advancements of edge computing infrastructure, and growing demand for real-time computing.
Q4. What are the major segments for fog networking market?
Answer: The future of the fog networking market looks promising with opportunities in the building & home automation, smart manufacturing, connected healthcare, smart energy, and transportation & logistics markets.
Q5. Who are the key fog networking market companies?
Answer: Some of the key fog networking companies are as follows:
• Fujitsu
• Intel Corporation
• Amazon Web Services
• Dell
• Huawei Technologies
• IBM Corporation
• Google Cloud Platform
• Arista Networks
• Cisco Systems
• Microsoft Corporation
Q6. Which fog networking market segment will be the largest in future?
Answer: Lucintel forecasts that hardware will remain the largest segment over the forecast period due to the expanding utilization of fog networking tools and equipment, such as edge servers, routers, gateways, and sensors.
Q7. In fog networking market, which region is expected to be the largest in next 5 years?
Answer: North America is expected will remain the largest region over the forecast period due to rising trend of connected cars and early adoption of advanced technology in the region.
Q.8 Do we receive customization in this report?
Answer: Yes, Lucintel provides 10% customization without any additional cost.
This report answers following 11 key questions:
Q.1. What are some of the most promising, high-growth opportunities for the fog networking market by component (hardware, software, and service), application (building & home automation, smart manufacturing, connected healthcare, smart energy, transportation & logistics, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World)?
Q.2. Which segments will grow at a faster pace and why?
Q.3. Which region will grow at a faster pace and why?
Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?
Q.5. What are the business risks and competitive threats in this market?
Q.6. What are the emerging trends in this market and the reasons behind them?
Q.7. What are some of the changing demands of customers in the market?
Q.8. What are the new developments in the market? Which companies are leading these developments?
Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?
Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?
Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?
For any questions related to fog networking market or related to fog networking companies, fog networking market size, fog networking market share, fog networking market growth, fog networking market research, write Lucintel analyst at email: helpdesk@lucintel.com we will be glad to get back to you soon.
Table of Contents
1. Executive Summary
2. Global Fog Networking Market : Market Dynamics
2.1: Introduction, Background, and Classifications
2.2: Supply Chain
2.3: Industry Drivers and Challenges
3. Market Trends and Forecast Analysis from 2018 to 2030
3.1. Macroeconomic Trends (2018-2023) and Forecast (2024-2030)
3.2. Global Fog Networking Market Trends (2018-2023) and Forecast (2024-2030)
3.3: Global Fog Networking Market by Component
3.3.1: Hardware
3.3.2: Software
3.3.3: Service
3.4: Global Fog Networking Market by Application
3.4.1: Building and Home Automation
3.4.2: Smart Manufacturing
3.4.3: Connected Healthcare
3.4.4: Smart Energy
3.4.5: Transportation and Logistics
3.4.6: Others
4. Market Trends and Forecast Analysis by Region from 2018 to 2030
4.1: Global Fog Networking Market by Region
4.2: North American Fog Networking Market
4.2.1: North American Fog Networking Market by Component: Hardware, Software, and Service
4.2.2: North American Fog Networking Market by Application: Building and Home Automation, Smart Manufacturing, Connected Healthcare, Smart Energy, Transportation and Logistics, and Others
4.3: European Fog Networking Market
4.3.1: European Fog Networking Market by Component: Hardware, Software, and Service
4.3.2: European Fog Networking Market by Application: Building and Home Automation, Smart Manufacturing, Connected Healthcare, Smart Energy, Transportation and Logistics, and Others
4.4: APAC Fog Networking Market
4.4.1: APAC Fog Networking Market by Component: Hardware, Software, and Service
4.4.2: APAC Fog Networking Market by Application: Building and Home Automation, Smart Manufacturing, Connected Healthcare, Smart Energy, Transportation and Logistics, and Others
4.5: ROW Fog Networking Market
4.5.1: ROW Fog Networking Market by Component: Hardware, Software, and Service
4.5.2: ROW Fog Networking Market by Application: Building and Home Automation, Smart Manufacturing, Connected Healthcare, Smart Energy, Transportation and Logistics, and Others
5. Competitor Analysis
5.1: Product Portfolio Analysis
5.2: Operational Integration
5.3: Porter’s Five Forces Analysis
6. Growth Opportunities and Strategic Analysis
6.1: Growth Opportunity Analysis
6.1.1: Growth Opportunities for the Global Fog Networking Market by Component
6.1.2: Growth Opportunities for the Global Fog Networking Market by Application
6.1.3: Growth Opportunities for the Global Fog Networking Market by Region
6.2: Emerging Trends in the Global Fog Networking Market
6.3: Strategic Analysis
6.3.1: New Product Development
6.3.2: Capacity Expansion of the Global Fog Networking Market
6.3.3: Mergers, Acquisitions, and Joint Ventures in the Global Fog Networking Market
6.3.4: Certification and Licensing
7. Company Profiles of Leading Players
7.1: Fujitsu
7.2: Intel Corporation
7.3: Amazon Web Services
7.4: Dell
7.5: Huawei Technologies
7.6: IBM Corporation
7.7: Google Cloud Platform
7.8: Arista Networks
7.9: Cisco Systems
7.10: Microsoft Corporation
.
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Lucintel has been in the business of market research and management consulting since 2000 and has published over 1000 market intelligence reports in various markets / applications and served over 1,000 clients worldwide. This study is a culmination of four months of full-time effort performed by Lucintel's analyst team. The analysts used the following sources for the creation and completion of this valuable report:
In-depth interviews of the major players in this market
Detailed secondary research from competitors’ financial statements and published data
Extensive searches of published works, market, and database information pertaining to industry news, company press releases, and customer intentions
A compilation of the experiences, judgments, and insights of Lucintel’s professionals, who have analyzed and tracked this market over the years.
Extensive research and interviews are conducted across the supply chain of this market to estimate market share, market size, trends, drivers, challenges, and forecasts. Below is a brief summary of the primary interviews that were conducted by job function for this report.
Thus, Lucintel compiles vast amounts of data from numerous sources, validates the integrity of that data, and performs a comprehensive analysis. Lucintel then organizes the data, its findings, and insights into a concise report designed to support the strategic decision-making process. The figure below is a graphical representation of Lucintel’s research process.
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