The Business Research Company’s global market reports are now updated with the latest market sizing information for the year 2023 and forecasted to 2032

The growing number of edge data centres is likely to spur innovation in hyperscale edge computing manufacturing, propelling the market throughout the forecast period.

The global hyperscale edge computing market is expected to grow from $2.57 billion in 2022 to $3.40 billion in 2023 at a compound annual growth rate (CAGR) of 32.5%. The global hyperscale edge computing market size is expected to grow to $10.84 billion in 2027 at a CAGR of 33.6%.

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 Global Hyperscale Edge Computing Market Segments Include:

• By Component: Hardware, Software, Service
• By Enterprise Size: Small and Medium Size Enterprises (SMEs), Large Enterprises
• By Application: Industrial IoT, Content Delivery, AR (Augmented Reality) Or VR (Virtual Reality), Remote Monitoring, Other Applications
• By End-User: IT (Information Technology) And Telecom, Government, Healthcare, BFSI (Banking, Financial Services And Insurance), Retail, Utility, Manufacturing, Other End-Users
• By Geography: The market is segmented into North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa. Among these regions, Asia Pacific is the largest region in the global hyperscale edge computing market in 2021.

Major Market Players in the hyperscale edge computing market include Hewlett Packard Enterprise, Amazon Web Services Inc., Cisco Systems Inc., Dell Inc., Google LLC, Huawei Technologies Co. Ltd., International Business Machines Corporation.

Strategic collaborations are a major trend in the hyperscale edge computing market’s growth. To increase their market position, major players in the hyperscale edge computing sector are focusing on partnerships and collaboration. For example, in February 2021, Hewlett Packard Enterprise Company, a US-based company engaged in the hyperscale edge computing industry, announced an unannounced partnership with Microsoft Corporation, a US-based technology corporation. Hewlett Packard Enterprise Company hopes to offer edge computing, artificial intelligence (AI), and Azure cloud computing capabilities to the International Space Station (ISS) through this collaboration. In addition, Verizon Communications Inc., a US-based telecommunications company that provides edge computing solutions, cooperated with Google LLC, a US-based technology firm, and Ericsson, Telefonaktiebolaget LM Ericsson, a Sweden-based networking and telecommunications company, in December 2021. Companies hope to create a 5G edge computing ecosystem with the agreements in order to provide a dedicated private network and on-premises edge computing infrastructure that will benefit enterprises in a number of industries.

The Hyperscale Edge Computing Global Market Report 2023  provides a hyperscale edge computing market overview for the time series: historic years (2010 – 2021) and ten years forecast (2023 – 2032). The hyperscale edge computing market forecast analyzes hyperscale edge computing market size, hyperscale edge computing market share, leading competitor market positions. The regions covered in the report include Asia-Pacific, China, Western Europe, Eastern Europe, North America, USA, South America, Middle East and Africa and the countries include Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.

The addition of computation and hyperscale data centres to edge computing creates hyperscale edge computing. It provides scalability by increasing processing power, memory, networking capabilities, or storage resources to fulfil needs in conjunction with edge computing, which delivers in-depth data analysis for greater insights, faster reaction times, and better user experiences.

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