The study involved four major activities in estimating the current size of the industrial edge market. Exhaustive secondary research has been done to collect information on the market, peer market, and parent market. To validate these findings, assumptions, and sizing with industry experts across the value chain through primary research has been the next step. Both top-down and bottom-up approaches have been employed to estimate the complete market size. After that, market breakdown and data triangulation methods have been used to estimate the market size of segments and subsegments. Two sources of information—secondary and primary—have been used to identify and collect information for an extensive technical and commercial study of the industrial edge market.
Secondary Research
Various secondary sources have been referred to in the secondary research process to identify and collect information important for this study. The secondary sources include annual reports, press releases, and investor presentations of companies; white papers; journals and certified publications; and articles from recognized authors, websites, directories, and databases. Secondary research has been conducted to obtain key information about the industry’s supply chain, the market’s value chain, the total pool of key players, market segmentation according to the industry trends (to the bottom-most level), regional markets, and key developments from market- and technology-oriented perspectives. The secondary data has been collected and analyzed to determine the overall market size, further validated by primary research.
Primary Research
Extensive primary research was conducted after gaining knowledge about the current scenario of the industrial edge market through secondary research. Several primary interviews were conducted with experts from the demand and supply sides across four major regions—North America, Europe, Asia Pacific and RoW. This primary data was collected through questionnaires, emails, and telephonic interviews.
Note: The three tiers of the companies are defined based on their total revenue in 2023: Tier 1 - revenue
greater than or equal to USD 1 billion; Tier 2 - revenue between USD 100 million and USD 1 billion;
and Tier 3 revenue less than or equal to USD 100 million. Other designations include sales managers, marketing
managers, and product managers.
To know about the assumptions considered for the study, download the pdf brochure
Market Size Estimation
Both top-down and bottom-up approaches have been used to estimate and validate the total size of the industrial edge market. These methods have also been used extensively to estimate the size of various subsegments in the market. The following research methodology has been used to estimate the market size:
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Major players in the industry and markets have been identified through extensive secondary research.
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The industry’s value chain and market size (in terms of value) have been determined through primary and secondary research processes.
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All percentage shares, splits, and breakdowns have been determined using secondary sources and verified through primary sources.
Industrial Edge Market : Top-Down and Bottom-Up Approach
Data Triangulation
After arriving at the overall size of the industrial edge market from the market size estimation process explained above, the total market has been split into several segments and subsegments. Data triangulation and market breakdown procedures have been employed, wherever applicable, to complete the overall market engineering process and arrive at the exact statistics for all segments and subsegments of the market. The data has been triangulated by studying various factors and trends from both the demand and supply sides. Along with this, the market size has been validated using both top-down and bottom-up approaches.
Market Definition
The industrial edge market encompasses solutions, platforms, and infrastructure that enable edge computing in industrial environments. Unlike depending just on centralized cloud computing, this market encompasses hardware, software, and connectivity solutions meant to process, analyze, and manage data directly at the operational level—closer to industrial assets and production systems.
Industrial edge solutions enable scalable, secure software deployment on the production floor by combining operational technology (OT) with information technology (IT), so streamlining data collecting and increasing real-time analytics. Even as they help to lower IT expenses, these technologies increase efficiency, automation, and decision-making. The market is driven by increasing demand for predictive maintenance, real-time monitoring, and Industry 4.0 adoption—with uses spanning manufacturing, energy, logistics, and smart infrastructure.
Stakeholders
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Industrial Edge solution and service providers
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Cloud service providers
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Industrial IoT solution providers
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Cybersecurity Firm
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Raw material suppliers
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Semiconductor foundries
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Original Equipment Manufacturers (OEM)
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Government organizations, forums, alliances, and associations
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System Integrators (SIs) and Value-added Resellers (VARs)
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Research organizations
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Technology standard organizations, forums, alliances, and associations
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Technology investors
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End-user Industries
Report Objectives
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To define, describe and forecast the industrial edge market, in terms of component, software, application, organization size, industry and region.
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To describe and forecast the market, in terms of value, with regard to four main regions: North America, Europe, Asia Pacific, and Rest of the World (RoW) along with their respective countries
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To provide detailed information regarding major factors influencing the market growth (drivers, restraints, opportunities, and challenges)
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To provide a detailed overview of the value chain of industrial edge market.
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To strategically analyze micromarkets with respect to individual growth trends, prospects, and contributions to the market
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To analyze opportunities in the market for stakeholders by identifying high-growth segments of the market.
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To strategically profile key players and comprehensively analyze their market position in terms of ranking and core competencies, along with detailing the competitive landscape for market leaders
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To analyze competitive strategies, such as product launches, expansions, mergers and acquisitions, adopted by key market players in the industrial edge market.
Available Customizations
With the given market data, MarketsandMarkets offers customizations according to the company’s specific needs. The following customization options are available for the report:
Company Information
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Detailed analysis and profiling of additional market players (up to 5)
HIGHEST CAGR MARKET DURING 2025 – 2030
ASIA PACIFIC - FASTEST GROWING MARKET
Growth opportunities and latent adjacency in Industrial Edge Market