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90% of Industrial Enterprises will Utilize Edge Computing by 2022, Finds Frost & Sullivan

Multi-access edge computing market to reach $7.23 billion by 2024 Frost & Sullivan’s recent analysis, 5G and Edge Computing—Cloud Workloads Shifting to the Edge, Forecast to 2024, finds that edge computing is a foundational technology for industrial enterprises as it offers shorter latencies, robust security, responsive data collection, and lower costs. In this hyper-connected industrial environment, edge computing, with its solution-agnostic attribute, can be used across various applications, such as autonomous assets, remote asset monitoring, data extraction from stranded assets, autonomous robotics, autonomous vehicles, and smart factories. Despite being in a nascent stage, the multi-access edge computing (MEC) market—an edge […]


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90% of Industrial Enterprises will Utilize Edge Computing by 2022, Finds Frost & Sullivan

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