Frequently Asked Questions
The rising demand for the fog computing market due to internet things is globally considered the major factor. Many smart devices connected over the internet for common platforms fog computing have been made into many verticals such as healthcare, smart homes, efficient manufacturing, smart appliances and many others. High bandwidth networks have an easy flow of data, and adapting problem-solving mechanisms are driving the growth of the fog computing market. Furthermore, the fog architecture in
The global Fog computing market is anticipated to grow at a substantial CAGR of 45.30% in the upcoming years. The global Fog computing market was estimated to be worth USD 180.5 million in 2021 and was expected to be worth USD 1,698.52 million by 2028.
In 2021, North America dominated with the highest market share in the global fog computing market. Due to the increasing expenditures on fog computing and IoT penetration and deployment is a growth in this region. The use of fog computing in various applications, such as smart homes, healthcare facilities, smart autos and others, is expected to drive the fog computing market in North America. Furthermore, fog computing technology is projected to grow with a substantial CAGR in the North America.
The main competitors dominating the global fog computing market include Cisco Systems Inc., Microsoft Corporation ARM Holdings PLC, Intel Corporation, GE Digital, Fujitsu Ltd., Schneider Electric Software LLC, Toshiba Corporation, Prismtech Corporation, Dell Inc., and Nebbiolo Technologies.