The COVID-19 outbreak has boosted the edge computing market size around the globe

Edge computing is gaining momentum in Industry 4.0 with its effective data management and cutting-edge technologies. The global edge computing market size is expected to hit US$155.90 billion by 2030, exhibiting at a CAGR of 38.9%. More and more applications are needed to be deployed at the edge, and IT managers scramble to keep up and accelerate their digital transformation strategies. In fact, by 2023, more than 50% of new enterprise IT infrastructure deployments will take place at the edge of the network instead of central data centers. Let's explore some of the top edge computing trends and predictions to look out for in 2023.

While edge computing was once considered a necessity for only elite Fortune 100 companies, it is now becoming essential for all companies, both large and small. Edge computing enables data to be collected and processed closer to where it's being generated so it can be immediately put to use. This trend accelerates further as other industries embrace edge systems so they can bridge the IT/OT gap. Edge innovations such as zero-touch provisioning will ease the IT staffing crisis: Zero-touch provisioning promises to be a game changer in enabling resource-strapped organizations to remotely administer their systems without having to hire additional specialized IT workers.

Organizations are investing in 5G to streamline data collection, power IoT devices, and enhance digital experiences. Edge computing also helps with use cases like virtual and augmented reality and self-driving cars which require processing heavy amounts of real-time data with minimal latency. Edge not only enables and enhances the use of IoT but also makes it easier for organizations to participate in the connected ecosystem with minimized network latency and bandwidth issues. Enterprises can now move into profitable and fast-streaming markets with the power of edge and easy data processing.