Data processing, analytics, and storage increasingly are taking place at the network edge, close to where users and devices need access to the information. Not surprisingly, edge computing is becoming a key component of IT strategy at a growing number of organizations.
A recent report from Grand View Research predicted the global edge computing market will reach $3.24 billion by 2025, expanding at a “phenomenal” compound annual growth rate (CAGR) of 41% during the forecast period.