Blockchain in Edge Computing Market Opportunities 2023-2030
HTF Market Intelligence published a new research publication on Blockchain in Edge Computing Market Insights, to 2028″ with 150+pages and enriched with self-explained Tables and charts in presentable format. In the Study you will find new evolving Trends, Drivers, Restraints, Opportunities generated by targeting market associated stakeholders. The growth of the Blockchain in Edge Computing market was mainly driven by the increasing R&D spending across the world, however latest scenario and economic slowdown have changed complete market dynamics. Some of the key players profiled in the study are Amazon Web Services, Inc. (United States), Cisco Systems, Inc. (United States), Clearblade, Inc. (United States), Filament (United States), FogHorn Systems (United States), Huawei Technologies Co., Ltd. (China), IBM Corporation (United States), Intel Corporation (United States), Microsoft Corporation (United States), Nokia Corporation (Finland), NVIDIA Corporation (United States)
According to HTF Market Intelligence, the Global Blockchain in Edge Computing market to witness a CAGR of 49.3% during forecast period of 2023-2028. The market is segmented by Global Blockchain in Edge Computing Market Breakdown by Application (Smart Grids, Connected Cars, Industrial IoT, Smart Cities, Others) Type (On-Premises, Cloud-Based) by Component (Hardware,Software, Services). The Blockchain in Edge Computing market size is estimated to increase by USD 1376.1 Million at a CAGR of 49.3% from 2023 to 2028. The report includes historic market data from 2017 to 2022E. Currently, market value is pegged at USD 214.7 Million.
Definition:
Blockchain in edge computing refers to the integration of blockchain technology with edge computing architecture, where edge devices can store and process data in a decentralized manner using blockchain.
Market Trends:
The trend towards edge computing and the growing demand for decentralized, secure, and trustworthy computing infrastructures are driving the adoption of blockchain in edge computing.
Market Drivers:
Increasing demand for low-latency computing and real-time data processing in various industries such as healthcare, finance, and manufacturing.
Market Opportunities:
The use of blockchain in edge computing can enable new use cases such as edge analytics, distributed AI, and autonomous systems.
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