Edge data center market revenue to cross $50B by 2032
Predictions based on Global Market Insights report
The edge data center market size is projected to exceed $50 billion by 2032. The rapid growth of the IT and telecommunications sectors and rising consumer demand will drive the industry growth. Additionally, the escalating generation of data in metro areas and remote locations is foreseen to accelerate the market demand as these infrastructure facilities are deployed closer to local areas, requiring effective management solutions for accessing and storing the data, thereby promoting the adoption of small to medium business (SMBs) and other enterprises.