Global Fog Computing Market

Fog Computing Market Size, Share, Growth Analysis, By Type(Hardware, Software), By Application(Connected Vehicle, Building & Home Automation) - Industry Forecast 2024-2031


Report ID: SQMIG45F2040 | Region: Global | Published Date: February, 2024
Pages: 242 | Tables: 66 | Figures: 74

Fog Computing Market Insights

Fog Computing Market size was valued at USD 85.5 million in 2019 and is poised to grow from USD 126.66 million in 2023 to USD 4314.38 million by 2031, growing at a CAGR of 48% in the forecast period (2024-2031).

Fog computing is a decentralized computing framework that facilitates computing, storage, control, and networking services between end devices and computing data centers. It reduces the amount of data required for sending to the cloud, thereby saving network bandwidth and minimizing the response time of the system.

The primary reasons driving the fog computing market include the development in the use of smart devices to support smart grids, smart buildings, smart cities, automotive networks, and software-defined networks as well as the rising demand for connected devices among end users. The growth of the connected fog computing market is accelerated by the rise in demand from the automotive industry, which makes connected fog computing an ideal platform for delivering a variety of smart connected vehicles (SCV), safety, mobility and location awareness, traffic support, real-time interactions, low latency, and safety. The emergence of 5G technology also has an impact on the fog computing market. The role of fog architecture plays in the advancement of virtual reality, which is AI, where the majority of information recovery and processing is forwarded to related devices, including smart home storage, and the cloud, among others. Additionally, government initiatives to support the advancement and their deployment in fog computing, the development of the internet of everything (IoE) from the internet of things (IoT), the growing demand for high-speed data analytics and quicker response times, and the increase in research and development activities in the fog computing sector all have a positive impact on the market. Future profitable potential for the companies in the fog computing industry is also expanded by advancements and widespread use of cloud computing, machine learning, and artificial intelligence.

On the other hand, challenges that are anticipated to impede the fog computing industry include a lack of technological expertise and understanding as well as the absence of common standards. Fog computing industry challenges include the complexity of design brought on by decentralized computing and worries about the possibility of cyberattacks as a result of the expansion of network edges.

US Fog Computing Market is poised to grow at a sustainable CAGR for the next forecast year.

Market snapshot - 2024-2031

Global Market Size

USD 85.5 million

Largest Segment

software

Fastest Growth

software

Growth Rate

48% CAGR

Global Fog Computing Market, 2022-2028 ($ Bn)
Country Share for North America Region- 2021 (%)
Global Fog Computing Market Size By Type, 2022-2028 ($ Bn)
Global Fog Computing Market Size By Type, 2022-2028 (%)

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Fog Computing Market Segmental Analysis

The global fog computing market is segmented on the basis of type, application, and region. Based on type, the market is segmented into hardware and software. Based on application, the market is segmented into connected vehicles, building & home automation, smart energy, smart manufacturing, connected health, securities & emergencies, and others. Based on region, the global fog computing market is segmented into North America, Europe, Asia-Pacific, South America, and MEA.

Fog Computing Market Analysis by Type

On the basis of  type fog computing industry is divided into two parts as hardware and software. As more industries are adopting cloud computing platforms, the services industry will expand at a CAGR of over 70%. Professional services reduce the overall cost of operations in organizations by removing the maintenance costs of physical IT infrastructures and staff hiring costs because organizations are moving their whole infrastructure into the cloud. Due to the rising popularity of outsourcing strategic management tasks and responsibilities to outside service providers, the managed services industry will expand at the fastest rate.The hardware consisted of the IP video cameras, routers, switches, sensors, gateways, and microdata center. Software comprised the various ERP models, and other cloud-based service models designed as per customer requirements.

Fog Computing Market Analysis by Application

Due to the increasing use of fog computing solutions to assist the creation of connected cars, the automotive application segment is predicted to increase at a rate of over 65%. The connected cars show a wide range of connectivity and interactions between cars, access points (such as smart traffic lights and roadside equipment), and access points to other access points. Fog computing has proven to have a number of characteristics that make it the perfect platform for delivering a variety of Smart Connected Vehicles (SCV) services in the areas of low latency, real-time interactions, mobility & location awareness, and traffic support.

Global Fog Computing Market By Type, 2021 (%), 2023 (%)

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Fog Computing Market Regional Insights

In 2021, the fog computing market was dominated by North America. High IoT usage and rising investments in ongoing research on the creation of fog architecture are two important elements influencing the growth of the region. For instance, in the United States, a project has been started that makes it possible for traffic lights to work with linked cars to cut down on travel time. Furthermore, it is anticipated that the early adoption of the technology will result from the presence of multiple players in the area.

In 2021, the Asia Pacific region contributed more than 15% of total income. The sector is expanding as a result of the necessity to take advantage of hybrid IT infrastructures' ability to provide flexibility and agility. Furthermore, the region has seen significant expansion in the use of cloud services in major economies like China, Japan, and Australia, opening up opportunities for the deployment of fog networks. The Make in India initiative of the Indian government is also anticipated to increase the expansion of smart manufacturing, which will increase demand for streaming data to and from the cloud. As a result of an agreement between the Open Fog Consortium and the IoT Acceleration Consortium (ITAC) to work together and test new standards and advancements, the technology is becoming more popular in Japan. Additionally, the country's increasing use of connected cars is anticipated to enhance the demand for effective data management and communication platforms.

Global Fog Computing Market By Geography, 2022-2028, 2024-2031
  • Largest
  • Fastest

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Fog Computing Market Dynamics

Fog Computing Market Driver

  • The data architecture for fog computing advanced with few latency issues, smooth bandwidth operation, and development towards 5G technology. In addition, as the Internet of Things (IoT) evolves into the Internet of Everything (IoE), high-speed data analytics and quicker response times are required, which is a major driver for the fog computing sector.
  • Data processing is made possible by fog computing in accordance with the requirements of the application and the available networking and computing resources. Reducing the amount of data that needs to be transported to the cloud, helps to conserve network bandwidth. Without gaining any knowledge, fog computing aids in bandwidth reduction. Their method uses fog nodes to identify and eliminate redundant data. Fog assists in data reduction by eliminating redundant data. Fog computing finds duplicate data and removes the copied data without changing the original data or information.
  • The manufacturing sector is the primary focus of Industry 4.0. In order to gain and give a new and improved product or service with a variety of customization, lower cost, and higher productivity, it enables suppliers and manufacturers to make use of technology and the introduction of new technical concepts. This is brought on by systemic data interchange and innovation in cycles. A significant quantity of data is produced during the production and manufacturing processes, and this data needs to be collected and analyzed in real-time. Thus, the real-time analysis provided by fog computing aids in the development of industry 4.0.

Fog Computing Market Restraint

  • Cloud computing and the fog environment are brittle and less secure, thus fog nodes will need to be protected using the same policy controls, procedures, and physical security measures. Existing cloud computing security and privacy measures cannot be easily applied to the fog due to its mobility, heterogeneity, and extensive geo-distribution. The authentication of fog computing devices at numerous gateways is the main security concern. An exclusive IP address is given to each appliance. A malicious person could access data kept on a fog node by using a fake IP address.
  • The computing is dispersed in the fog environment and may be less energy-efficient than it would be in a centralized cloud model. Reduced energy use in fog computing is, therefore, a significant challenge and is seen as a market restraint for the technology.
  • Network privacy is a significant issue in fog computing because wireless is so pervasive. Fog nodes are placed at the edge of the internet by network operators manually, and there are high maintenance costs. The leakage of personal information while accessing networks is getting attention. End users have easier access to the Fog nodes. Fog nodes, therefore, gather more sensitive data than distant clouds.

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Fog Computing Market Competitive Landscape

The global fog computing market is relatively fragmented, with a high level of competition. Few large players, like, Cisco Systems, Inc., Microsoft Corporation, ARM Holding Plc, Dell Inc., Intel Corporation, Fujitsuz, GE Digital, Nebbilo Technologies, Schneider Electric Software, LLC, Toshiba Corporation, and PrismTech Corporation, now control the market in terms of market share. These industry leaders are extending their customer base across several areas, and many corporations are creating strategic and collaborative initiatives with other start-up enterprises to enhance their market share and profitability.

Top Players in the Global Fog Computing Market

  • Cisco Systems Inc.
  • IBM Corporation
  • Intel Corporation
  • Microsoft Corporation
  • ARM Holdings PLC
  • Fujitsu Limited
  • Dell Technologies Inc.
  • Schneider Electric SE
  • GE Digital
  • Toshiba Corporation
  • ADLINK Technology Inc.
  • FogHorn Systems Inc.
  • Nebbiolo Technologies Inc.
  • Prismtech Corp.
  • Cradlepoint Inc.
  • Fog Computing Inc.
  • MachineShop Inc.
  • Zebra Technologies Corporation
  • Hitachi Vantara Corporation

Fog Computing Market Recent Developments

  • In January 2022,

Fog Computing Key Market Trends

  • The Internet of Things (IoT) is being used more frequently as a result of the agility and flexibility of big data solutions, which has increased the amount of digital data generation. This is one of the main reasons businesses and large organizations around the world are adopting fog computing solutions to meet the demand for speedy access to vast amounts of data. These technologies also improve corporate agility by streamlining the production of goods and services that generate income. Additionally, they offer a standard foundation for effective teamwork and communication. As a result, sales of fog computing solutions are increasing relative to cloud computing due to the increased public knowledge of their benefits. Additionally, the need to connect numerous devices to a network and detect dangers, such as malware or possible intrusions, is driving the usage of these technologies. This is due to the growing data security concerns brought on by the increase in cyber threats. The use of fog computing displays for car-to-car connectivity is also benefiting from the trend toward connected and sophisticated automobiles. Furthermore, governments from a number of nations are investing in the creation of smart cities, which is fostering a good outlook for the sector.

Fog Computing Market SkyQuest Analysis

SkyQuest’s ABIRAW (Advanced Business Intelligence, Research & Analysis Wing) is our Business Information Services team that Collects, Collates, Co-relates, and Analyses the Data collected by means of Primary Exploratory Research backed by robust Secondary Desk research.

According to our analysis, rising IoT deployment in a variety of industrial verticals, including smart infrastructure, automotive, healthcare, retail, and energy, is one of the main drivers contributing to the growth of the fog computing market. Connected device data is frequently used in a variety of ways, particularly for insight extraction. The fog computing architecture is popular because it integrates cloud resources into the edge of the sting device, cutting down on transmission times and resolving latency difficulties. Fog improves the functionality of such platforms by connecting a wide variety of devices to the cloud, which will drive market development along with the increased adoption of cloud computing platforms. It reduces the drawbacks of cloud computing, such as resource management, latency and frequency problems, and scalability restrictions. Fog technology has quickly replaced cloud technology, allowing for low latency, broad geographic distribution, and a reduced risk of cyberattacks on data routers. These are expected to favourably fuel the development of the worldwide fog computing market. There are some difficulties that will impede the expansion of the market as a whole. The market expansion is being constrained by reasons including a shortage of skilled labor and a lack of standards and processes. Additionally, tough tasks that restrict growth include sophisticated integrated systems and the integration of AI solutions into the current systems. Additionally, the potential for increasing cyber-attacks as a result of network edge extension and decentralized computing leading to complexity in architecture could be a hindrance to the overall growth of the global fog computing market. Nevertheless, corporations are overcoming the difficulties of centralized data processing thanks to technological improvements. The potential for growth for platform providers, cloud service providers, communication technology providers, and system integrators is favorable. The largest market share belongs to North America. The Internet of Things has a lot of promise for use in developed nations like the United States and Canada. The United States and Canada are two of the world's technologically most developed nations. The market in the North American region will benefit from increased investment in ongoing research on the creation of fog architecture.

Report Metric Details
Market size value in 2023 USD 85.5 million
Market size value in 2031 USD 4314.38 million
Growth Rate 48%
Forecast period 2024-2031
Forecast Unit (Value) USD Million
Segments covered
  • Type
    • Hardware, Software
  • Application
    • Connected Vehicle, Building & Home Automation, Smart Energy, Smart Manufacturing, Connected health, Securities & emergencies, others.
Regions covered North America (US, Canada), Europe (Germany, France, United Kingdom, Italy, Spain, Rest of Europe), Asia Pacific (China, India, Japan, Rest of Asia-Pacific), Latin America (Brazil, Rest of Latin America), Middle East & Africa (South Africa, GCC Countries, Rest of MEA)
Companies covered
  • Cisco Systems Inc.
  • IBM Corporation
  • Intel Corporation
  • Microsoft Corporation
  • ARM Holdings PLC
  • Fujitsu Limited
  • Dell Technologies Inc.
  • Schneider Electric SE
  • GE Digital
  • Toshiba Corporation
  • ADLINK Technology Inc.
  • FogHorn Systems Inc.
  • Nebbiolo Technologies Inc.
  • Prismtech Corp.
  • Cradlepoint Inc.
  • Fog Computing Inc.
  • MachineShop Inc.
  • Zebra Technologies Corporation
  • Hitachi Vantara Corporation
Customization scope

Free report customization with purchase. Customization includes:-

  • Segments by type, application, etc
  • Company profile
  • Market dynamics & outlook
  • Region

Historical Year 2019

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Table Of Content

Executive Summary

Market overview

  • Exhibit: Executive Summary – Chart on Market Overview
  • Exhibit: Executive Summary – Data Table on Market Overview
  • Exhibit: Executive Summary – Chart on Fog Computing Market Characteristics
  • Exhibit: Executive Summary – Chart on Market by Geography
  • Exhibit: Executive Summary – Chart on Market Segmentation
  • Exhibit: Executive Summary – Chart on Incremental Growth
  • Exhibit: Executive Summary – Data Table on Incremental Growth
  • Exhibit: Executive Summary – Chart on Vendor Market Positioning

Parent Market Analysis

Market overview

Market size

  • Market Dynamics
    • Exhibit: Impact analysis of DROC, 2021
      • Drivers
      • Opportunities
      • Restraints
      • Challenges
  • SWOT Analysis

KEY MARKET INSIGHTS

  • Technology Analysis
    • (Exhibit: Data Table: Name of technology and details)
  • Pricing Analysis
    • (Exhibit: Data Table: Name of technology and pricing details)
  • Supply Chain Analysis
    • (Exhibit: Detailed Supply Chain Presentation)
  • Value Chain Analysis
    • (Exhibit: Detailed Value Chain Presentation)
  • Ecosystem Of the Market
    • Exhibit: Parent Market Ecosystem Market Analysis
    • Exhibit: Market Characteristics of Parent Market
  • IP Analysis
    • (Exhibit: Data Table: Name of product/technology, patents filed, inventor/company name, acquiring firm)
  • Trade Analysis
    • (Exhibit: Data Table: Import and Export data details)
  • Startup Analysis
    • (Exhibit: Data Table: Emerging startups details)
  • Raw Material Analysis
    • (Exhibit: Data Table: Mapping of key raw materials)
  • Innovation Matrix
    • (Exhibit: Positioning Matrix: Mapping of new and existing technologies)
  • Pipeline product Analysis
    • (Exhibit: Data Table: Name of companies and pipeline products, regional mapping)
  • Macroeconomic Indicators

COVID IMPACT

  • Introduction
  • Impact On Economy—scenario Assessment
    • Exhibit: Data on GDP - Year-over-year growth 2016-2022 (%)
  • Revised Market Size
    • Exhibit: Data Table on Fog Computing Market size and forecast 2021-2027 ($ million)
  • Impact Of COVID On Key Segments
    • Exhibit: Data Table on Segment Market size and forecast 2021-2027 ($ million)
  • COVID Strategies By Company
    • Exhibit: Analysis on key strategies adopted by companies

MARKET DYNAMICS & OUTLOOK

  • Market Dynamics
    • Exhibit: Impact analysis of DROC, 2021
      • Drivers
      • Opportunities
      • Restraints
      • Challenges
  • Regulatory Landscape
    • Exhibit: Data Table on regulation from different region
  • SWOT Analysis
  • Porters Analysis
    • Competitive rivalry
      • Exhibit: Competitive rivalry Impact of key factors, 2021
    • Threat of substitute products
      • Exhibit: Threat of Substitute Products Impact of key factors, 2021
    • Bargaining power of buyers
      • Exhibit: buyers bargaining power Impact of key factors, 2021
    • Threat of new entrants
      • Exhibit: Threat of new entrants Impact of key factors, 2021
    • Bargaining power of suppliers
      • Exhibit: Threat of suppliers bargaining power Impact of key factors, 2021
  • Skyquest special insights on future disruptions
    • Political Impact
    • Economic impact
    • Social Impact
    • Technical Impact
    • Environmental Impact
    • Legal Impact

Market Size by Region

  • Chart on Market share by geography 2021-2027 (%)
  • Data Table on Market share by geography 2021-2027(%)
  • North America
    • Chart on Market share by country 2021-2027 (%)
    • Data Table on Market share by country 2021-2027(%)
    • USA
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • Canada
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
  • Europe
    • Chart on Market share by country 2021-2027 (%)
    • Data Table on Market share by country 2021-2027(%)
    • Germany
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • Spain
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • France
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • UK
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • Rest of Europe
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
  • Asia Pacific
    • Chart on Market share by country 2021-2027 (%)
    • Data Table on Market share by country 2021-2027(%)
    • China
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • India
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • Japan
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • South Korea
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • Rest of Asia Pacific
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
  • Latin America
    • Chart on Market share by country 2021-2027 (%)
    • Data Table on Market share by country 2021-2027(%)
    • Brazil
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • Rest of South America
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
  • Middle East & Africa (MEA)
    • Chart on Market share by country 2021-2027 (%)
    • Data Table on Market share by country 2021-2027(%)
    • GCC Countries
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • South Africa
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • Rest of MEA
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)

KEY COMPANY PROFILES

  • Competitive Landscape
    • Total number of companies covered
      • Exhibit: companies covered in the report, 2021
    • Top companies market positioning
      • Exhibit: company positioning matrix, 2021
    • Top companies market Share
      • Exhibit: Pie chart analysis on company market share, 2021(%)

Methodology

For the Fog Computing Market, our research methodology involved a mixture of primary and secondary data sources. Key steps involved in the research process are listed below:

1. Information Procurement: This stage involved the procurement of Market data or related information via primary and secondary sources. The various secondary sources used included various company websites, annual reports, trade databases, and paid databases such as Hoover's, Bloomberg Business, Factiva, and Avention. Our team did 45 primary interactions Globally which included several stakeholders such as manufacturers, customers, key opinion leaders, etc. Overall, information procurement was one of the most extensive stages in our research process.

2. Information Analysis: This step involved triangulation of data through bottom-up and top-down approaches to estimate and validate the total size and future estimate of the Fog Computing Market.

3. Report Formulation: The final step entailed the placement of data points in appropriate Market spaces in an attempt to deduce viable conclusions.

4. Validation & Publishing: Validation is the most important step in the process. Validation & re-validation via an intricately designed process helped us finalize data points to be used for final calculations. The final Market estimates and forecasts were then aligned and sent to our panel of industry experts for validation of data. Once the validation was done the report was sent to our Quality Assurance team to ensure adherence to style guides, consistency & design.

Analyst Support

Customization Options

With the given market data, our dedicated team of analysts can offer you the following customization options are available for the Fog Computing Market:

Product Analysis: Product matrix, which offers a detailed comparison of the product portfolio of companies.

Regional Analysis: Further analysis of the Fog Computing Market for additional countries.

Competitive Analysis: Detailed analysis and profiling of additional Market players & comparative analysis of competitive products.

Go to Market Strategy: Find the high-growth channels to invest your marketing efforts and increase your customer base.

Innovation Mapping: Identify racial solutions and innovation, connected to deep ecosystems of innovators, start-ups, academics, and strategic partners.

Category Intelligence: Customized intelligence that is relevant to their supply Markets will enable them to make smarter sourcing decisions and improve their category management.

Public Company Transcript Analysis: To improve the investment performance by generating new alpha and making better-informed decisions.

Social Media Listening: To analyze the conversations and trends happening not just around your brand, but around your industry as a whole, and use those insights to make better Marketing decisions.

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FAQs

Fog Computing Market size was valued at USD 85.5 million in 2019 and is poised to grow from USD 126.66 million in 2023 to USD 4314.38 million by 2031, growing at a CAGR of 48% in the forecast period (2024-2031).

The fog computing market is relatively fragmented, with a high level of competition. Few large players, like, Cisco Systems, Inc., Microsoft Corporation, ARM Holding Plc, Dell Inc., Intel Corporation, Fujitsuz, GE Digital, Nebbilo Technologies, Schneider Electric Software, LLC, Toshiba Corporation, and PrismTech Corporation, now control the market in terms of market share. These industry leaders are extending their customer base across several areas, and many corporations are creating strategic and collaborative initiatives with other start-up enterprises to enhance their market share and profitability. 'Cisco Systems Inc.', 'IBM Corporation', 'Intel Corporation', 'Microsoft Corporation', 'ARM Holdings PLC', 'Fujitsu Limited', 'Dell Technologies Inc.', 'Schneider Electric SE', 'GE Digital', 'Toshiba Corporation', 'ADLINK Technology Inc.', 'FogHorn Systems Inc.', 'Nebbiolo Technologies Inc.', 'Prismtech Corp.', 'Cradlepoint Inc.', 'Fog Computing Inc.', 'MachineShop Inc.', 'Zebra Technologies Corporation', 'Hitachi Vantara Corporation'

The data architecture for fog computing advanced with few latency issues, smooth bandwidth operation, and development towards 5G technology. In addition, as the Internet of Things (IoT) evolves into the Internet of Everything (IoE), high-speed data analytics and quicker response times are required, which is a major driver for the fog computing sector.

The Internet of Things (IoT) is being used more frequently as a result of the agility and flexibility of big data solutions, which has increased the amount of digital data generation. This is one of the main reasons businesses and large organizations around the world are adopting fog computing solutions to meet the demand for speedy access to vast amounts of data. These technologies also improve corporate agility by streamlining the production of goods and services that generate income. Additionally, they offer a standard foundation for effective teamwork and communication. As a result, sales of fog computing solutions are increasing relative to cloud computing due to the increased public knowledge of their benefits. Additionally, the need to connect numerous devices to a network and detect dangers, such as malware or possible intrusions, is driving the usage of these technologies. This is due to the growing data security concerns brought on by the increase in cyber threats. The use of fog computing displays for car-to-car connectivity is also benefiting from the trend toward connected and sophisticated automobiles. Furthermore, governments from a number of nations are investing in the creation of smart cities, which is fostering a good outlook for the sector.

In 2021, the fog computing market was dominated by North America. High IoT usage and rising investments in ongoing research on the creation of fog architecture are two important elements influencing the growth of the region. For instance, in the United States, a project has been started that makes it possible for traffic lights to work with linked cars to cut down on travel time. Furthermore, it is anticipated that the early adoption of the technology will result from the presence of multiple players in the area.

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Global Fog Computing Market

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