Fog IT Market to Drive Growth from Growing Number of Collaborations and Business Acquisitions Around the World, According to Fortune Business Insights ™
List of Companies Featured In Fog Computing Market Report: Cisco Systems, Inc., Microsoft, Arm Limited, Dell Technologies, Inc., Fujitsu Ltd., General Electric Company, Nebbiolo Technologies, Inc., Schneider Electric, Toshiba Corporation, ADLINK Technology Inc., Cradlepoint, Inc., FogHorn Systems.
/ EIN News / – Pune, India, September 23, 2021 (GLOBE NEWSWIRE) – The fog computing market is likely to derive its growth from the presence of several large-scale suppliers operating across the world. Growing investments in the integration of advanced concepts such as AI and IoT will emerge in favor of market growth. According to a Fortune Business Insights report, titled “Fog Computing Market Size, Share & Industry Analysis, By Component (Hardware, Software), By Application (Smart Agriculture, Building & Home Automation, Transportation & Logistics, Healthcare, retail, military, other) and regional forecast, 2021-2028», The market will benefit from the growing industrial applications of fog computing.
The recent coronavirus outbreak has crippled large companies. Due to travel bans, companies in this sector are expected to be hit hard in the years to come. Ultimately, the rapid spread of the disease urged governments to take strict action. The report includes the impact of the Covid-19 pandemic on the global fog computing market and explains how large companies are dealing with it.
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Fog Computing is the concept of distributed network used to extend the concept of cloud computing to the edge of the network. They can be integrated through the Internet of Things (IoT) and Artificial Intelligence (AI), making it ideal for applications in various industrial sectors. The massive investments in technology integration, coupled with the presence of several large-scale vendors in this industry, will bode well for the growth of the entire Fog IT network for the foreseeable future. The availability of low cost cloud platforms will contribute to the growth of the market in the years to come. Additionally, the ability of Fog Computing to reduce total power consumption and enable real-time data processing will have a huge impact on the growth of the global Fog Computing market in the years to come.
An increasing number of business collaborations will emerge in favor of market growth
The Fog Computing market report encompasses several factors which have contributed to the growth of the overall market in recent years. Among all the factors, the increasing number of mergers and company collaborations has had the greatest impact on the growth of the market. With the growing applications of Fog Computing in various verticals, several large-scale companies are looking to collaborate with SMEs and start-ups. Such collaborations are mainly aimed at maximizing the resources of both companies. In November 2018, Nebbiolo Technologies, Inc. announced its collaboration with Exor International. The company will seek to accelerate the time to value of industrial IoT applications that target the smart industry sector. Nebbiolo’s latest collaboration with Exor International will not only prove to be beneficial for the company, but will also contribute to the growth of the overall market in the years to come.
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Global fog computing market segmentation
• Smart agriculture
• Building and home automation
• Transport and logistics
• Health care
• North America (United States, Canada)
• Europe (UK, Germany, France, Scandinavia and rest of Europe)
• Asia-Pacific (Japan, China, India, South-East Asia and the rest of Asia-Pacific)
• Middle East and Africa (South Africa, GCC and rest of Middle East and Africa)
• Latin America (Brazil, Mexico and the rest of Latin America)
North America becomes dominant; Improve network infrastructure to drive growth
The Fog Computing Market report analyzes the latest market trends across five major regions including North America, Latin America, Europe, Asia-Pacific, Middle East and Africa. Among all regions, the North American market is expected to become dominant in the coming years. Improved network infrastructure in several countries in this region will bode well for companies operating in the market. The increasing investments in the development of concepts integrated with advanced technologies such as AI and IoT will contribute to the growth of the regional market.
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Cover of the report Fog Computing Market Report:
- The Fog Computing market report highlights information on various segments at the global, regional, and country level.
- The report contains various details such as market share, growth rate, product and their price by region / country.
- The Fog Computing Market report explains the market dynamics that are expected to drive the market growth in the coming years.
- The report includes details related to application, distribution channel, product type, business strategies, etc.
- The report also covers the impact of COVID-19 on the prospective haze computing market.
List of the Companies Featured In the Fog Computing Market Report:
- Cisco Systems, Inc.
- Limited arm
- Dell Technologies, Inc.
- Fujitsu Ltd.
- General Electricity Company
- Nebbiolo Technologies, Inc.
- Schneider Electric
- Toshiba Company
- ADLINK Technology inc.
- Cradlepoint, Inc.
- Fog horn systems.
november 2018: FogHorn, announced its collaboration with hardware giant Dell, Inc. The collaboration aims to develop platforms that will enable industrial and commercial customers to quickly harness the power of the edge and deliver real-time information to streamline operations and reduce costs.
Pre-book – Fog Computing Market:
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