Global Fog Computing Market Analysis and Forecast to 2028

Fog Computing Market

 Fog Computing Market

 Fog computing is a decentralised computing framework that allows end devices and computing data centres to exchange computing, storage, control, and networking services. It reduces the amount of data required for sending to the cloud, saving network bandwidth and reducing system response time. It also helps to speed up processing and improve the overall security and efficiency of the system. It is currently used in devices that require rigorous computation and processing as well as providing services over a large area in various geographical locations. Because of the agility and flexibility of big data solutions, the use of the Internet of Things (IoT) has increased, resulting in a growing volume of digital data generation. This is one of the major factors driving enterprises and large organisations around the world to adopt fog computing solutions to meet the need for quick access to large amounts of data. Aside from that, growing data security concerns due to an increase in cyber threats are driving their use to connect multiple devices to a network and identify threats, such as potential hacks or malware.

According to Coherent Market Insights the Fog Computing Market Global Industry Insights, Trends, Outlook, and Opportunity Analysis, 2022-2028

Furthermore, the growing trend of connected and modern vehicles is encouraging the use of fog computing displays for car-to-car connectivity. Furthermore, governments in several countries are investing in the development of smart cities, which is creating a positive outlook for the fog computing market.

In 2016, North America dominated the fog computing market. The high adoption of IoT and increased investment in ongoing research on the development of fog architecture are key factors driving regional growth. For example, in the United States, a project has been launched to enable traffic lights to integrate with connected vehicles in order to reduce travel time. Furthermore, the presence of several players in the region is expected to lead to the technology's early adoption.



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