Global Fog Computing Market 2017-2021




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About Fog Computing

IoT and cloud computing are the key enablers of the fog computing market. IoT is a network of physical devices, sensors, and machines integrated into all objects connected through the Internet for effective data communication. It creates smart communication environments such as smart homes, shopping, transportation, and healthcare. IoT enhances operational efficiency by increasing the speed of communication over the existing infrastructure, which in turn, improves business productivity in all industrial setups. It focuses on improving the process capabilities by enabling real-time business decisions with data storage and computing capacity at the basic sensor level.
Technavios analysts forecast the global fog computing market to grow at a CAGR of 60.67% during the period 2017-2021.

Covered in this report
The report covers the present scenario and the growth prospects of the global fog computing market for 2017-2021. To calculate the market size, the report considers the revenue generated from the sales of fog computing technology required for IoT and cloud computing.

The market is divided into the following segments based on geography:

Technavio's report, Global Fog Computing Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors
Cisco Systems

Other prominent vendors
General Electric
Hitachi Data Systems
FogHorn Systems
Schneider Electric
Nebbiolo Technologies

Market driver
Exponential increase of IoT due to rise in communication between verticals
For a full, detailed list, view our report

Market challenge
Lack of standardization and performance inconsistency
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Market trend
Emergence of M2M communication systems
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Key questions answered in this report
What will the market size be in 2021 and what will the growth rate be?
What are the key market trends?
What is driving this market?
What are the challenges to market growth?
Who are the key vendors in this market space?
What are the market opportunities and threats faced by the key vendors?
What are the strengths and weaknesses of the key vendors?

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