The Edge Data Center Market size is expected to grow at a Compound Annual Growth Rate (CAGR) of 21.4% during the forecast period, to reach USD 19.1 billion by 2026 from USD 7.2 billion in 2021. Growing adoption of IoT across industries, exponentially increasing growth of mobile and IOT applications, and growing popularity of online streaming services are the drivers of the market growth.
Services, including consulting, product support, integration, updates, and maintenance, are required at various stages, starting from pre-sales requirement assessment to post-sales product deployment and execution, thus enabling the client to get maximum RoI.
The services form an integral part of the hardware and software deployment and execution life cycle. Services, including consulting, product support, integration, updates, and maintenance, are required at various stages, starting from pre-sales requirement assessment to post-sales product deployment and execution, thus enabling the client to get maximum RoI. Services involve consulting and training, integration, and support and maintenance services. The services constitute an integral part in deploying the solution on-board, imparting training, and handling and maintaining the software solution. Companies offering these services encompass consultants, solution experts, and dedicated project management teams that specialize in the design and delivery of critical decision support software, tools, and services. The services segment constitutes professional and managed services. The various services offered in the edge data center market include consulting, integration and implementation, and managed services
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The data center cooling solution is essential to maintain stability in the business. Thus, for efficient growth, data center cooling is required for the stability of the business
Heat dissipation and inherent heat problems in edge computing require modular climate control systems. Variables such as temperature, humidity, the velocity and pressure of air flows, and the heat losses of the installed components are considered in development. An energy-efficient and advanced climate control and cooling concept for edge computing takes into account these variables. Datacenter cooling can add up to 45% to the electricity expenses, which increases the overall cost for any firm to maintain. Also, it has been estimated by various sources that the data center accounts for 2% to 5% of the global Green House Gas (GHG) emissions. Cooling systems are responsible for almost 40% of the power consumption in a data center. The data center cooling is essential to maintain stability in the business. Thus, for efficient growth, data center cooling is required for the stability of the business.
The major players have implemented various growth strategies to expand their global presence and increase their market shares. Key players such as Cisco, Dell, Eaton, Fujitsu and HPE have majorly adopted many growth strategies, such as new product launches, acquisitions, and partnerships, to expand their product portfolios and grow further in the edge data center market.
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Cisco has a strong product portfolio in the edge data center services category. The company has a strong partner network with offices across 450 locations across the globe. It holds a strong position in the edge data center market. The company is investing in R&D for growth and innovation. The company has a strong geographic presence and offering edge data center deployments in emerging markets such as India, China, and Brazil. The company’s strategy is to excel in the global market through strategic acquisitions and partnerships. For instance, In May 2021, Kloudspot Inc. and Cisco made a strategic partnership. The company announced a partnership with Cisco Meraki to help organizations to offer safer and smarter workplaces for employees and customers.
Dell Technologies adopted organic growth strategies, with its focus on the enhancement of the edge data center product portfolio. The company offers a diversified product portfolio and covers all the significant features of edge data center solutions. Apart from new product launches and product upgrades, it also extended its customer base by partnering with solution suppliers globally. The company has a strong global R&D presence. It is focusing on expanding its customer base through distribution channels, resellers, and direct sales. The company’s strategy is to excel in the global market through strategic acquisitions and partnerships. For instance, it announced an expanded collaboration with Equinix to expand the availability of Dell Technologies APEX through Equinix International Business Exchange data centers. The company is also entering emerging markets to expand its product reach in the global market.
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