Fog computing, also known as fog networking, is a decentralized computing infrastructure that is likely to emerge as next generation cloud computing. In fog computing, computing and storage of data are distributed in the most logical and efficient manner between the data source and the cloud. This is because the Internet of Things (IoT), a technology closely associated with cloud, is creating enormous volumes of data, but by the time it finds its way to the cloud for analysis, it is often late to act upon it. Fog computing helps to do away with this drawback by analyzing the most time sensitive data at the network edge, close to its generation source, instead of sending large volumes of data to the cloud for historical analysis and storage.
Get Sample Copy:
https://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=16421
The two main components in the fog computing market are hardware, comprised of servers, routers, switches, gateways, and controller, and software comprised of customized application software and fog computing platform. Of the two, the software segment generates maximum revenue because of the low capital requirement. Fog computing is finding application in building and home automation, smart energy, connected health, smart manufacturing, transportation and logistics, security and emergencies systems among others.
Geographically, North America currently leads the global fog computing market and going forward too, is slated to maintain its leading position on the back of substantial investments made in the region to develop this technology. High penetration rate of the fog computing technology is primarily responsible for the growth in market of North America.
Fog computing is a computing technology which decentralizes application and computing resources in the most efficient and effective point. Fog computing technology is also known as fog networking. Fog computing enhances efficiency and helps in reducing the size of the data which would be uploaded to the cloud for the purpose of analysis, data processing and storage. Fog computing also helps in enhancing compliance and security for the end users. In fog computing atmosphere, most of the data processing is done over smart mobile devices and data hubs. Moreover, other devices like gateway and smart router are also used in fog computing. Due to this distributed approach fog computing is gaining popularity. The demand for fog computing is driven by the requirement for managing enormous amount of data which is generated by the sensors. Further fog computing enable portability, the fog enables the cloud to be more conveniently positioned to act and produce on Internet of things (IoT) data.
Grab an exclusive PDF Brochure of this report:
https://www.transparencymarketresearch.com/sample/sample.php?flag=B&rep_id=16421
There are devices which are called fog nodules which could be installed at any position where there is availability of network connection. These fog nodules could be installed anywhere from factory floor, on top of power poles, in vehicles, beside railway tracks and oil rigs among others. A fog node could be any device which has storage, computing and network connectivity. Some of the factors which is driving the fog computing includes limitation of bandwidth for IoT infrastructure, enhancement of real-time operations and requirement of analytics at the edge of networks. Non existence of standard government standard for fog computing and lack of availability of technological skills in fog computing are factors which are restraining the fog computing market growth. Moreover, there is a lot of growth opportunity in system integrators platform providers’ communication technology. This is expected to drive the market over the near future. Other factors like growth opportunity in cloud service provider are another opportunity for the growth of fog computing market.
The Fog computing market is segmented by components and by application. The market by components has been further segmented into hardware and software. The hardware segment is further segmented into servers, switches, routers, gateways and controller. Software has been further segmented into customized application software and fog computing platform. The fog computing market by application is segmented into smart energy, building & home automation, smart manufacturing, connected health, transportation & logistics, security and emergencies systems among others. The software segment in the fog computing market segmented by component is expected to account for the largest revenue share. A lot of programs are operated on virtual machines with singular host hardware. It is easy to enter the software market for fog computing due to multiple factors low capital requirement and availability of intellectual capital. Smart manufacturing applications in the fog computing market segmented by application are expected to grow at the fastest rate. High demand for process automation across a wide range of industry is expected to drive the smart manufacturing application segment in the fog computing market.
The fog computing market by region has been broadly segmented into North America, Asia Pacific, Rest of the World (RoW) and Europe. North America led the global fog computing market in 2015 and is expected to dominate the market over the next few years. A lot of investment is made in the region to develop this technology. High penetration rate of the fog computing technology is driving the market in North America.
The key players operating in the fog computing market includes Microsoft Corporation (U.S), Cisco Systems, Inc. (U.S), Dell Inc. (U.S), ARM Holding Pl. (U.K.), Fujitsu (Japan), Intel Corporation (U.S) and Schneider Electric Software, LLC (Japan) among others.
The report offers a comprehensive evaluation of the market. It does so via in-depth qualitative insights, historical data, and verifiable projections about market size. The projections featured in the report have been derived using proven research methodologies and assumptions. By doing so, the research report serves as a repository of analysis and information for every facet of the market, including but not limited to: Regional markets, technology, types, and applications.
The study is a source of reliable data on:
- Market segments and sub-segments
- Market trends and dynamics
- Supply and demand
- Market size
- Current trends/opportunities/challenges
- Competitive landscape
- Technological breakthroughs
- Value chain and stakeholder analysis
The regional analysis covers:
- North America (U.S. and Canada)
- Latin America (Mexico, Brazil, Peru, Chile, and others)
- Western Europe (Germany, U.K., France, Spain, Italy, Nordic countries, Belgium, Netherlands, and Luxembourg)
- Eastern Europe (Poland and Russia)
- Asia Pacific (China, India, Japan, ASEAN, Australia, and New Zealand)
- Middle East and Africa (GCC, Southern Africa, and North Africa)
The report has been compiled through extensive primary research (through interviews, surveys, and observations of seasoned analysts) and secondary research (which entails reputable paid sources, trade journals, and industry body databases). The report also features a complete qualitative and quantitative assessment by analyzing data gathered from industry analysts and market participants across key points in the industry’s value chain.
A separate analysis of prevailing trends in the parent market, macro- and micro-economic indicators, and regulations and mandates is included under the purview of the study. By doing so, the report projects the attractiveness of each major segment over the forecast period.
Highlights of the report:
- A complete backdrop analysis, which includes an assessment of the parent market
- Important changes in market dynamics
- Market segmentation up to the second or third level
- Historical, current, and projected size of the market from the standpoint of both value and volume
- Reporting and evaluation of recent industry developments
- Market shares and strategies of key players
- Emerging niche segments and regional markets
- An objective assessment of the trajectory of the market
- Recommendations to companies for strengthening their foothold in the market
Note: Although care has been taken to maintain the highest levels of accuracy in TMR’s reports, recent market/vendor-specific changes may take time to reflect in the analysis.
This study by TMR is all-encompassing framework of the dynamics of the market. It mainly comprises critical assessment of consumers’ or customers’ journeys, current and emerging avenues, and strategic framework to enable CXOs take effective decisions.
Read TMR Research Methodology @:
https://www.transparencymarketresearch.com/methodology.html
Our key underpinning is the 4-Quadrant Framework EIRS that offers detailed visualization of four elements:
- Customer Experience Maps
- Insights and Tools based on data-driven research
- Actionable Results to meet all the business priorities
- Strategic Frameworks to boost the growth journey
The study strives to evaluate the current and future growth prospects, untapped avenues, factors shaping their revenue potential, and demand and consumption patterns in the global market by breaking it into region-wise assessment.
The following regional segments are covered comprehensively:
- North America
- Asia Pacific
- Europe
- Latin America
- The Middle East and Africa
Read Our Latest Press Release:
About Us
Transparency Market Research is a next-generation market intelligence provider, offering fact-based solutions to business leaders, consultants, and strategy professionals.
Our reports are single-point solutions for businesses to grow, evolve, and mature. Our real-time data collection methods along with ability to track more than one million high growth niche products are aligned with your aims. The detailed and proprietary statistical models used by our analysts offer insights for making right decision in the shortest span of time. For organizations that require specific but comprehensive information we offer customized solutions through ad-hoc reports. These requests are delivered with the perfect combination of right sense of fact-oriented problem solving methodologies and leveraging existing data repositories.
Contact
Transparency Market Research State Tower,
90 State Street,
Suite 700,
Albany NY – 12207
United States
USA – Canada Toll Free: 866-552-3453
Email: [email protected]
