Edge computing spend in Canada to hit C$7.5bn by 2024, predicts IDC

Total spend on edge computing in Canada will hit C$7.5 billion (£4.33bn) by 2024 at a CAGR of 12.3%, according to IDC.

The findings, which appear as part of the analyst firm's Worldwide Edge Spending Guide, sees retail as the industry with the most spend, ahead of federal and central government and banking. Retail is predicted to see a five year CAGR of 14.7%, with six of the 19 analysed industry segments delivering more than 5% of total Canadian spending in...

20 November 2020 | Enterprise

Analysis: The economics of edge computing

Moving your computing workload to the edge will cost a bit more than you’re accustomed to. Life is good down on the data farm where a hyperscale environment has driven some incredibly low costs. Moving the platform to the edge will set you back, but if it’s implemented properly the cost can be contained.

As shown below, comparing a hyperscale provider’s edge configurations and their regional data centres, we see that the edge platform costs about 35 – 55% more. (We...

29 October 2020 | Enterprise

Edge computing global spend to hit $250 billion by 2024, says IDC

Global spending on edge computing will hit $250 billion (£193.2bn) by 2024, according to IDC, led by a future of 'extraordinary value and opportunity.'

According to IDC's nascent Worldwide Edge Spending Guide, the market as defined will see a CAGR of 12.5% between the 2019 and 2024 forecast period.

Of that figure, the services market - taking into account professional and provisioned services - will account for almost half (46.2%) of all edge spending by 2024. Hardware...

20 October 2020 | Enterprise

Cloud vendors will take two thirds of edge service revenue, report predicts

The edge computing opportunity is an enticing one for cloud providers, telecoms operators, as well as enterprises. Yet according to a new market analysis, as much as two thirds of service revenue will fall to the cloud players.

The Edge Computing 2020 report, from analyst firm Mobile Experts, anticipates the global market for edge computing services to grow to approximately $7 billion in 2025. This makes for an interesting comparison with Frost & Sullivan, who assesses the...

7 October 2020 | Cloud