Technology advances and demands for speed are driving enterprises to the edge - SD Times

February 7, 2020

The popularity of edge computing has greatly increased as more industries are adopting IoT devices and are increasing their demand for low-latency processing and real-time, automated decision-making solutions.

Both the evolution of technologies surrounding edge computing, such as 5G, and the industry demand for its benefits, such as speed and low latency, have created a Goldilocks zone that is now fueling the rapid expansion of edge computing.

ResearchAndMarkets.com estimated that the global edge computing market will grow from $2.8 billion in 2019 to $9 billion by 2024, while Statista, a database company, predicted 75 billion IoT devices by 2025 in its State of the Edge report published in 2018.

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