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Fog Computing Market Overview
Fog Computing market size is forecast to reach $765.9 billion by 2025, after growing at a CAGR of 55.5% during the forecast period 2020-2025. The fog computing is an advanced supplement to cloud computing. This is a versatile resources-rich computing platform, acting as a viable solution for several Internet of Things (IoT) applications. Additionally, fog networking provides short-term analytics at the edge and power of the cloud closer to where data is created. This factor is projected to propel the adoption of this computing to edge computing in multifarious applications such as smart grid, smart buildings, vehicle networks, smart city, and software-defined networks, worldwide. The widespread acceptance of cost-effective fog computing across small and large enterprises is set to contribute to the expansion of the global fog computing market size.
Report Coverage
The“Fog Computing Market Report – Forecast (2020-2025)”, by IndustryARC,covers an in-depth analysis of the following segments of the fog computing Industry.
By Offering: Software, Hardware
By Application: Connected Vehicle, Smart Grid, Smart City, Connected Healthcare, Smart Manufacturing
By Geography: North America, South America, Europe, APAC, RoW
Key Takeaways
• North America holds a major share in the fog computing market owing to the growing adoption of fog computing technology by the established players in the U.S. country.
• The growing popularity of process automation is highlighting the need for smart manufacturing is likely to aid in the market growth of fog computing. The advent of IoT, mobile internet, and cyber physical systems (CPS) is leading to witness the fastest growth of the vibrant computing protocol – fog computing.
• Increasing the adoption of fog computing software offerings by new entrants in the low capital investment marketplace is set to propel the demand for the fog computing market in the near future.
Offering Type- Segment Analysis
Software offering type is set to grow at the highest CAGR in the fog computing market during 2020-2025. Presently, many of the software providers are showcasing their interest to tap the significant number of opportunities generated by fog computing in various platform and applications of the architecture. Less data upload time coupled with the low capital investment is an added benefit. Furthermore, the requirement of low investment is encouraging the new players to enter the fog computing market.
Application - Segment Analysis
The fog computing a multi-tier distributed network platform is applicable at different applications such as smart energy, home automation, connected vehicles, connected health, smart manufacturing, transportation & logistics, and security & emergency system. The rise in the demand driving pattern and real-time analysis applications are escalating the use of fog computing in connected health applications. As it provides better control over data storage and access to essential statistics to a wide range of customer base. Apart from the connected health, the smart manufacturing application has been elevating as the primary market for fog computing. The increase in the need for process automation in the manufacturing domain is burgeoning usage of the fog computing, to increase real-time monitoring along with operational capability.
Geography- Segment Analysis
North America fog computing market share dominated the global fog computing market, accounts for more than 36%, followed by Europe and APAC. It is majorly due to the huge potential for the applications of IoT within developed economies namely the U.S. and Canada, is playing a vital role in burgeoning the demand for a fog computing market. These technically advanced countries are ahead in adopting new technologies and engaged in creating a huge number of opportunities for the fog computing technology in the North America region. The U.S. established a major share in the North America fog computing market due to the presence of key players which includes Cisco, Microsoft, IBM, and Dell. Moreover, the rise in the R&D activities and advanced technology integration among the applications of the end-use industries specifically healthcare, automotive, and transportation is fuelling the growth of the fog computing in this region.
Drivers –Fog ComputingIndustry Outlook
• The growth of the fog computing market is impelled by the increasing demand for connected devices
It is majorly due to the rise in the adoption of machine to machine communication, IoT connectivity along with the necessity for real-time computing especially in case of time-critical process. The shift in the developed countries investment into IoT and Artificial Intelligence (AI) is highlighting the intention to experience advantageous technological results. Thus, this is augmenting the need for smart technology such as fog computing in each field. The Centers for Medicare & Medicaid Services states that the U.S. healthcare expenditure valued at $3.5 trillion as of 2017.The U.S., U.K., China, Japan, and India are the active economies in terms of investments particularly in IoT with AI for numerous applications of the healthcare industry. Remote monitoring got possible through IoT-enabled devices in the healthcare sector. Furthermore, it provides increased patient engagement and efficient interaction with the doctor. Hence, these above-mentioned factors are contributing to an increment in the fog computing market revenue.
• Fog computing aids faster decision-making capability, cost savings, speedy evaluation of data, and improved operational efficiency. The growing demand for all these factors together representing the fog computing as a dominant model for organizations across varied business verticals, thereby boosting the fog computing market revenue
For this, technical giants are utilizing the accessible opportunity fog computing market as an investment spot. As it helps to address cloud computing deficiencies and also in sorting out the intrinsic resource constraints within IoT devices and services. Additionally, increasing digitalization and supportive government initiatives in developing countries are driving the growth of the fog computing market. For instance, the prime minister and vice president of UAE publicized Dubai's smart city project, which has resulted in the delivery of nearly 1000 government services using the internet as of 2017. Fog computing deals with security and surveillance systems, access control, building control, environmental monitoring applications as well within the smart infrastructure.
Challenges – Fog ComputingIndustry
• The security concerns are the primary challenges of the fog computing market
Lack of proper standardization in the deployment of fog computing along with cite experts is acting as the foremost restraints in fog computing industry growth. Due to this, end users are estimated to suffer from inconsistency evident through unreachable information and decreased data retrieval. On the other hand, the fog receives some security concerns of cloud computing which include IP address spoofing,privacy issues, andman-in-the-middle attacks. In general, fog devices are being set up at public places, where they are vulnerable to unnecessary interference. The inadequacy of surveillance, while transmitting a computation logic to the edge gadgets and devices of the network is restraining the growth of the computing industry. The challenges associated with innovative digital IT infrastructure about communication, latency, and bandwidth. In addition to this, trust, authentication, and wireless authentication concern and the cost of fog equipment are hampering the growth of the fog computing market.
MarketLandscape
In 2018, the market of fog computing has been consolidated by the top ten players accounting for 40% of the share. Adlink Technology, Inc., Cisco Systems, Inc., Fujitsu Ltd., Cradlepoint, Inc., Foghorn System, Hitachi Data System, IBM Corporation, Intel Corporation, Microsoft Corporation, and Nebbiolo Technology are the fog computing top 10 companies.
1.1 Definitions and Scope
2. Fog Computing Market - Executive summary
2.1 Market Revenue, Market Size and Key Trends by Company
2.2 Key Trends by type of Application
2.3 Key Trends segmented by Geography
3. Fog Computing Market
3.1 Comparative analysis
3.1.1 Product Benchmarking - Top 10 companies
3.1.2 Top 5 Financials Analysis
3.1.3 Market Value split by Top 10 companies
3.1.4 Patent Analysis - Top 10 companies
3.1.5 Pricing Analysis
4. Fog Computing Market - Startup companies Scenario Premium
4.1 Top 10 startup company Analysis by
4.1.1 Investment
4.1.2 Revenue
4.1.3 Market Shares
4.1.4 Market Size and Application Analysis
4.1.5 Venture Capital and Funding Scenario
5. Fog Computing Market - Industry Market Entry Scenario Premium
5.1 Regulatory Framework Overview
5.2 New Business and Ease of Doing business index
5.3 Case studies of successful ventures
5.4 Customer Analysis - Top 10 companies
6. Fog Computing Market Forces
6.1 Drivers
6.2 Constraints
6.3 Challenges
6.4 Porters five force model
6.4.1 Bargaining power of suppliers
6.4.2 Bargaining powers of customers
6.4.3 Threat of new entrants
6.4.4 Rivalry among existing players
6.4.5 Threat of substitutes
7. Fog Computing Market -Strategic analysis
7.1 Value chain analysis
7.2 Opportunities analysis
7.3 Product life cycle
7.4 Suppliers and distributors Market Share
8. Fog Computing Market - By Solution (Market Size -$Million / $Billion)
8.1 Hardware
8.2 Software
9. Fog Computing Market - By Hardware (Market Size -$Million / $Billion)
10.1 Segment type Size and Market Share Analysis
10.2 Application Revenue and Trends by type of Application
10.3 Application Segment Analysis by Type
11.1 Fog Computing Market - North America Segment Research
11.2 North America Market Research (Million / $Billion)
11.2.1 Segment type Size and Market Size Analysis
11.2.2 Revenue and Trends
11.2.3 Application Revenue and Trends by type of Application
11.2.4 Company Revenue and Product Analysis
11.2.5 North America Product type and Application Market Size
11.2.5.1 U.S
11.2.5.2 Canada
11.2.5.3 Mexico
11.2.5.4 Rest of North America
11.3 Fog Computing- South America Segment Research
11.4 South America Market Research (Market Size -$Million / $Billion)
11.4.1 Segment type Size and Market Size Analysis
11.4.2 Revenue and Trends
11.4.3 Application Revenue and Trends by type of Application
11.4.4 Company Revenue and Product Analysis
11.4.5 South America Product type and Application Market Size
11.4.5.1 Brazil
11.4.5.2 Venezuela
11.4.5.3 Argentina
11.4.5.4 Ecuador
11.4.5.5 Peru
11.4.5.6 Colombia
11.4.5.7 Costa Rica
11.4.5.8 Rest of South America
11.5 Fog Computing- Europe Segment Research
11.6 Europe Market Research (Market Size -$Million / $Billion)
11.6.1 Segment type Size and Market Size Analysis
11.6.2 Revenue and Trends
11.6.3 Application Revenue and Trends by type of Application
11.6.4 Company Revenue and Product Analysis
11.6.5 Europe Segment Product type and Application Market Size
11.6.5.1 U.K
11.6.5.2 Germany
11.6.5.3 Italy
11.6.5.4 France
11.6.5.5 Netherlands
11.6.5.6 Belgium
11.6.5.7 Denmark
11.6.5.8 Spain
11.6.5.9 Rest of Europe
11.7 Fog Computing - APAC Segment Research
11.8 APAC Market Research (Market Size -$Million / $Billion)
11.8.1 Segment type Size and Market Size Analysis
11.8.2 Revenue and Trends
11.8.3 Application Revenue and Trends by type of Application
11.8.4 Company Revenue and Product Analysis
11.8.5 APAC Segment - Product type and Application Market Size
11.8.5.1 China
11.8.5.2 Australia
11.8.5.3 Japan
11.8.5.4 South Korea
11.8.5.5 India
11.8.5.6 Taiwan
11.8.5.7 Malaysia
11.8.5.8 Hong kong
11.8.5.9 Rest of APAC
11.9 Fog Computing - Middle East Segment and Africa Segment Research
11.10 Middle East & Africa Market Research (Market Size -$Million / $Billion)
11.10.1 Segment type Size and Market Size Analysis
11.10.2 Revenue and Trend Analysis
11.10.3 Application Revenue and Trends by type of Application
11.10.4 Company Revenue and Product Analysis
11.10.5 Middle East Segment Product type and Application Market Size
11.10.5.1 Israel
11.10.5.2 Saudi Arabia
11.10.5.3 UAE
11.10.6 Africa Segment Analysis
11.10.6.1 South Africa
11.10.6.2 Rest of Middle East & Africa
12. Fog Computing Market - Entropy
12.1 New product launches
12.2 M&A s, collaborations, JVs and partnerships
13. Fog Computing Market - Industry / Segment Competition landscape Premium
13.1 Market Share Analysis
13.1.1 Market Share by Country- Top companies
13.1.2 Market Share by Region- Top 10 companies
13.1.3 Market Share by type of Application - Top 10 companies
13.1.4 Market Share by type of Product / Product category- Top 10 companies
13.1.5 Market Share at global level - Top 10 companies
13.1.6 Best Practises for companies
14. Fog Computing Market - Key Company List by Country Premium
15. Fog Computing Market Company Analysis
15.1 Market Share, Company Revenue, Products, M&A, Developments
15.2 Adlink Technology, Inc
15.3 Cisco Systems, Inc
15.4 Cradlepoint, Inc
15.5 Foghorn System
15.6 Fujitsu Ltd
15.7 Hitachi Data System
15.8 Ibm Corporation
15.9 Intel Corporation
15.10 Microsoft Corporation
15.11 Nebbiolo Technology
15.12 Oracle Corporation
15.13 Prismtech
15.14 Vimoc Technology
15.15 Company 14
15.16 Company 15 & More
16.1 Abbreviations
16.2 Sources
17. Fog Computing Market - Methodology
17.1 Research Methodology
17.1.1 Company Expert Interviews
17.1.2 Industry Databases
17.1.3 Associations
17.1.4 Company News
17.1.5 Company Annual Reports
17.1.6 Application Trends
17.1.7 New Products and Product database
17.1.8 Company Transcripts
17.1.9 R&D Trends
17.1.10 Key Opinion Leaders Interviews
17.1.11 Supply and Demand Trends
LIST OF TABLES
1.Global Fog Computing:Solution Estimate Trend Analysis Market 2023-2030 ($M)1.1 Hardware Market 2023-2030 ($M) - Global Industry Research
1.2 Software Market 2023-2030 ($M) - Global Industry Research
2.Global Fog Computing:Hardware Estimate Trend Analysis Market 2023-2030 ($M)
2.1 Gateway Market 2023-2030 ($M) - Global Industry Research
2.2 Router Market 2023-2030 ($M) - Global Industry Research
2.3 Ip Video Camera Market 2023-2030 ($M) - Global Industry Research
2.4 Sensor Market 2023-2030 ($M) - Global Industry Research
2.5 Micro Data Center Market 2023-2030 ($M) - Global Industry Research
3.Global Fog Computing:Application Estimate Trend Analysis Market 2023-2030 ($M)
3.1 Connected Vehicle Market 2023-2030 ($M) - Global Industry Research
3.2 Smart Grid Market 2023-2030 ($M) - Global Industry Research
3.3 Smart City Market 2023-2030 ($M) - Global Industry Research
3.4 Connected Healthcare Market 2023-2030 ($M) - Global Industry Research
3.5 Smart Manufacturing Market 2023-2030 ($M) - Global Industry Research
4.Global Fog Computing:Solution Estimate Trend Analysis Market 2023-2030 (Volume/Units)
4.1 Hardware Market 2023-2030 (Volume/Units) - Global Industry Research
4.2 Software Market 2023-2030 (Volume/Units) - Global Industry Research
5.Global Fog Computing:Hardware Estimate Trend Analysis Market 2023-2030 (Volume/Units)
5.1 Gateway Market 2023-2030 (Volume/Units) - Global Industry Research
5.2 Router Market 2023-2030 (Volume/Units) - Global Industry Research
5.3 Ip Video Camera Market 2023-2030 (Volume/Units) - Global Industry Research
5.4 Sensor Market 2023-2030 (Volume/Units) - Global Industry Research
5.5 Micro Data Center Market 2023-2030 (Volume/Units) - Global Industry Research
6.Global Fog Computing:Application Estimate Trend Analysis Market 2023-2030 (Volume/Units)
6.1 Connected Vehicle Market 2023-2030 (Volume/Units) - Global Industry Research
6.2 Smart Grid Market 2023-2030 (Volume/Units) - Global Industry Research
6.3 Smart City Market 2023-2030 (Volume/Units) - Global Industry Research
6.4 Connected Healthcare Market 2023-2030 (Volume/Units) - Global Industry Research
6.5 Smart Manufacturing Market 2023-2030 (Volume/Units) - Global Industry Research
7.North America Fog Computing:Solution Estimate Trend Analysis Market 2023-2030 ($M)
7.1 Hardware Market 2023-2030 ($M) - Regional Industry Research
7.2 Software Market 2023-2030 ($M) - Regional Industry Research
8.North America Fog Computing:Hardware Estimate Trend Analysis Market 2023-2030 ($M)
8.1 Gateway Market 2023-2030 ($M) - Regional Industry Research
8.2 Router Market 2023-2030 ($M) - Regional Industry Research
8.3 Ip Video Camera Market 2023-2030 ($M) - Regional Industry Research
8.4 Sensor Market 2023-2030 ($M) - Regional Industry Research
8.5 Micro Data Center Market 2023-2030 ($M) - Regional Industry Research
9.North America Fog Computing:Application Estimate Trend Analysis Market 2023-2030 ($M)
9.1 Connected Vehicle Market 2023-2030 ($M) - Regional Industry Research
9.2 Smart Grid Market 2023-2030 ($M) - Regional Industry Research
9.3 Smart City Market 2023-2030 ($M) - Regional Industry Research
9.4 Connected Healthcare Market 2023-2030 ($M) - Regional Industry Research
9.5 Smart Manufacturing Market 2023-2030 ($M) - Regional Industry Research
10.South America Fog Computing:Solution Estimate Trend Analysis Market 2023-2030 ($M)
10.1 Hardware Market 2023-2030 ($M) - Regional Industry Research
10.2 Software Market 2023-2030 ($M) - Regional Industry Research
11.South America Fog Computing:Hardware Estimate Trend Analysis Market 2023-2030 ($M)
11.1 Gateway Market 2023-2030 ($M) - Regional Industry Research
11.2 Router Market 2023-2030 ($M) - Regional Industry Research
11.3 Ip Video Camera Market 2023-2030 ($M) - Regional Industry Research
11.4 Sensor Market 2023-2030 ($M) - Regional Industry Research
11.5 Micro Data Center Market 2023-2030 ($M) - Regional Industry Research
12.South America Fog Computing:Application Estimate Trend Analysis Market 2023-2030 ($M)
12.1 Connected Vehicle Market 2023-2030 ($M) - Regional Industry Research
12.2 Smart Grid Market 2023-2030 ($M) - Regional Industry Research
12.3 Smart City Market 2023-2030 ($M) - Regional Industry Research
12.4 Connected Healthcare Market 2023-2030 ($M) - Regional Industry Research
12.5 Smart Manufacturing Market 2023-2030 ($M) - Regional Industry Research
13.Europe Fog Computing:Solution Estimate Trend Analysis Market 2023-2030 ($M)
13.1 Hardware Market 2023-2030 ($M) - Regional Industry Research
13.2 Software Market 2023-2030 ($M) - Regional Industry Research
14.Europe Fog Computing:Hardware Estimate Trend Analysis Market 2023-2030 ($M)
14.1 Gateway Market 2023-2030 ($M) - Regional Industry Research
14.2 Router Market 2023-2030 ($M) - Regional Industry Research
14.3 Ip Video Camera Market 2023-2030 ($M) - Regional Industry Research
14.4 Sensor Market 2023-2030 ($M) - Regional Industry Research
14.5 Micro Data Center Market 2023-2030 ($M) - Regional Industry Research
15.Europe Fog Computing:Application Estimate Trend Analysis Market 2023-2030 ($M)
15.1 Connected Vehicle Market 2023-2030 ($M) - Regional Industry Research
15.2 Smart Grid Market 2023-2030 ($M) - Regional Industry Research
15.3 Smart City Market 2023-2030 ($M) - Regional Industry Research
15.4 Connected Healthcare Market 2023-2030 ($M) - Regional Industry Research
15.5 Smart Manufacturing Market 2023-2030 ($M) - Regional Industry Research
16.APAC Fog Computing:Solution Estimate Trend Analysis Market 2023-2030 ($M)
16.1 Hardware Market 2023-2030 ($M) - Regional Industry Research
16.2 Software Market 2023-2030 ($M) - Regional Industry Research
17.APAC Fog Computing:Hardware Estimate Trend Analysis Market 2023-2030 ($M)
17.1 Gateway Market 2023-2030 ($M) - Regional Industry Research
17.2 Router Market 2023-2030 ($M) - Regional Industry Research
17.3 Ip Video Camera Market 2023-2030 ($M) - Regional Industry Research
17.4 Sensor Market 2023-2030 ($M) - Regional Industry Research
17.5 Micro Data Center Market 2023-2030 ($M) - Regional Industry Research
18.APAC Fog Computing:Application Estimate Trend Analysis Market 2023-2030 ($M)
18.1 Connected Vehicle Market 2023-2030 ($M) - Regional Industry Research
18.2 Smart Grid Market 2023-2030 ($M) - Regional Industry Research
18.3 Smart City Market 2023-2030 ($M) - Regional Industry Research
18.4 Connected Healthcare Market 2023-2030 ($M) - Regional Industry Research
18.5 Smart Manufacturing Market 2023-2030 ($M) - Regional Industry Research
19.MENA Fog Computing:Solution Estimate Trend Analysis Market 2023-2030 ($M)
19.1 Hardware Market 2023-2030 ($M) - Regional Industry Research
19.2 Software Market 2023-2030 ($M) - Regional Industry Research
20.MENA Fog Computing:Hardware Estimate Trend Analysis Market 2023-2030 ($M)
20.1 Gateway Market 2023-2030 ($M) - Regional Industry Research
20.2 Router Market 2023-2030 ($M) - Regional Industry Research
20.3 Ip Video Camera Market 2023-2030 ($M) - Regional Industry Research
20.4 Sensor Market 2023-2030 ($M) - Regional Industry Research
20.5 Micro Data Center Market 2023-2030 ($M) - Regional Industry Research
21.MENA Fog Computing:Application Estimate Trend Analysis Market 2023-2030 ($M)
21.1 Connected Vehicle Market 2023-2030 ($M) - Regional Industry Research
21.2 Smart Grid Market 2023-2030 ($M) - Regional Industry Research
21.3 Smart City Market 2023-2030 ($M) - Regional Industry Research
21.4 Connected Healthcare Market 2023-2030 ($M) - Regional Industry Research
21.5 Smart Manufacturing Market 2023-2030 ($M) - Regional Industry Research
LIST OF FIGURES
1.US Fog Computing Market Revenue, 2023-2030 ($M)2.Canada Fog Computing Market Revenue, 2023-2030 ($M)
3.Mexico Fog Computing Market Revenue, 2023-2030 ($M)
4.Brazil Fog Computing Market Revenue, 2023-2030 ($M)
5.Argentina Fog Computing Market Revenue, 2023-2030 ($M)
6.Peru Fog Computing Market Revenue, 2023-2030 ($M)
7.Colombia Fog Computing Market Revenue, 2023-2030 ($M)
8.Chile Fog Computing Market Revenue, 2023-2030 ($M)
9.Rest of South America Fog Computing Market Revenue, 2023-2030 ($M)
10.UK Fog Computing Market Revenue, 2023-2030 ($M)
11.Germany Fog Computing Market Revenue, 2023-2030 ($M)
12.France Fog Computing Market Revenue, 2023-2030 ($M)
13.Italy Fog Computing Market Revenue, 2023-2030 ($M)
14.Spain Fog Computing Market Revenue, 2023-2030 ($M)
15.Rest of Europe Fog Computing Market Revenue, 2023-2030 ($M)
16.China Fog Computing Market Revenue, 2023-2030 ($M)
17.India Fog Computing Market Revenue, 2023-2030 ($M)
18.Japan Fog Computing Market Revenue, 2023-2030 ($M)
19.South Korea Fog Computing Market Revenue, 2023-2030 ($M)
20.South Africa Fog Computing Market Revenue, 2023-2030 ($M)
21.North America Fog Computing By Application
22.South America Fog Computing By Application
23.Europe Fog Computing By Application
24.APAC Fog Computing By Application
25.MENA Fog Computing By Application
26.Adlink Technology, Inc, Sales /Revenue, 2015-2018 ($Mn/$Bn)
27.Cisco Systems, Inc, Sales /Revenue, 2015-2018 ($Mn/$Bn)
28.Cradlepoint, Inc, Sales /Revenue, 2015-2018 ($Mn/$Bn)
29.Foghorn System, Sales /Revenue, 2015-2018 ($Mn/$Bn)
30.Fujitsu Ltd, Sales /Revenue, 2015-2018 ($Mn/$Bn)
31.Hitachi Data System, Sales /Revenue, 2015-2018 ($Mn/$Bn)
32.Ibm Corporation, Sales /Revenue, 2015-2018 ($Mn/$Bn)
33.Intel Corporation, Sales /Revenue, 2015-2018 ($Mn/$Bn)
34.Microsoft Corporation, Sales /Revenue, 2015-2018 ($Mn/$Bn)
35.Nebbiolo Technology, Sales /Revenue, 2015-2018 ($Mn/$Bn)
36.Oracle Corporation, Sales /Revenue, 2015-2018 ($Mn/$Bn)
37.Prismtech, Sales /Revenue, 2015-2018 ($Mn/$Bn)
38.Vimoc Technology, Sales /Revenue, 2015-2018 ($Mn/$Bn)