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Cloud and Edge Computing Market

Cloud and Edge Computing Market

Published on : Apr-2023

Overview of Cloud Computing

Cloud Computing comprises the delivery of hosted services over the internet. The three main categories of cloud computing include Platform as a Service (PaaS), Infrastructure as a Service (IaaS), and Software as a Service (SaaS).

A cloud can be either private or public. Anyone online can purchase services through a public cloud. A private cloud is a private network or data center that provides hosted services to a select number of users with defined access and authorization settings. The goal of cloud computing is to provide accessible, scalable access to IT services and computer resources, whether it is public or private. Cloud infrastructure consists of the software and hardware components required for the proper operation of a cloud computing model. Other names for cloud computing are on-demand computing and utility computing.

Overview of Edge Computing

Edge Computing is basically moving processing resources physically closer to the location where data is generated, typically an Internet of Things device or a sensor. Edge computing is named so since it brings compute capacity to the network or device's edge, enables quicker data processing, more bandwidth, and guaranteed data sovereignty.

Edge computing eliminates the need for massive volumes of data to travel between servers, the cloud, and devices or edge locations to be processed by processing data at a network's edge. This is specifically vital for existing applications like artificial intelligence and data science.

How is Edge Computing part of Cloud Computing?

If the processing and storage resources provided by edge devices at network endpoints are inattentive, joint, and shared on a network, they may contribute to a cloud by mainly becoming a part of a larger cloud infrastructure.

A cloud does not include edge computing. Edge computing is beneficial due to its thoughtful separation from cloud computing and clouds.

Wondering how?

  1. Clouds are the location where data is stored or where applications are run. They are the software-defined settings produced by server farms or data centers.
  2. Edges are also the locations where data is accumulated. These are the hardware-made physical environments in the external of a data center.
  3. Cloud Computing refers to the activity of executing workloads in a cloud.
  4. Edge computing also refers to the activity of executing workloads on edge devices.

Edge computing is not the same as an edge (location) or (action). Edge computing does not mean gathering data at the network edge and sharing it, with minimal to no modification to the cloud. This is merely networking.

Nevertheless, edge computing is collecting and processing of the data at the edge. Edge Computing differs from Clouds for the below key reasons:

  1. Data Volume: It would not be possible to send all of the data collected to a cloud in its original form.
  2. Time Sensitivity: Decisions must be taken quickly, thus there is no time for the lag that would typically occur while data is gathered by an edge device, sent to a central cloud without alteration, processed, and then sent back to the edge device for execution.

Fatpos Global aims to offer well-researched reports with an in-depth understanding of the adoption of latest technologies grouped with cloud computing. Having studied on the affecting factors, upcoming advancements, and investments, our research team has superlatively decorated the report with recent statistics for a clear picture of the Cloud and Edge Computing Market.

How Cloud and Edge Computing are a Great Combination?

Cloud and edge computing are primarily different architectures sorts. Using the edge and the cloud simultaneously makes sense in many situations. Workloads that don't need the low latency and high dependability of edge infrastructure can be hosted in cloud data centres, while those that need can be handled by edge infrastructure.

Organizations can take advantage of the flexibility and scalability of deployment of cloud environments while still reaching high-performance objectives that cloud data centers cannot always provide owing to network latency problems by combining cloud and edge. This is not to argue that one must always employ the cloud and the edge together. It is entirely feasible to run an edge environment without additionally hosting programs or data in the cloud. Although less frequent, it is also possible to use edge without a public cloud.

Some of the prominent players in the Cloud and Edge Computing Market include:

  • IBM
  • Capgemini
  • Huawei
  • Microsoft
  • Dell Technologies
  • Google
  • Tencent
  • SAP
  • Cisco
  • HPE

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Precisely, combining edge computing with cloud computing can produce the best overall results in terms of performance. The only significant drawback is that managing a cloud environment and an edge environment simultaneously can be challenging. However, systems like Kubernetes make this easier by allowing application deployment to both types of environments from a single administration plane.

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