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  • 17 October 2018 19:42

Why You Need To Know About Fog Computing Market?

Global Fog Computing Market Analysis, Drivers, Restraints, Opportunities, Threats, Trends, Applications, and Growth Forecast to 2027

Fog computing, also known as, fog networking or fogging, is a distributed computing infrastructure in which data, compute, storage and applications are disseminated in the most logical and efficient manner between the data source and the cloud. Main aim of fog computing is to improve efficiency and reduce the amount of data transported to the cloud for processing, analysis and storage and can be also used for security and compliance reasons.

Increasing adoption of smart devices to facilitate smart grids, smart cities, smart buildings, vehicle networks and software-defined networks is expected to boost growth of the global fog computing market. Increasing Internet of Things connectivity, machine to machine communication, need for real-time computing for time-critical process and the rising demand for connected devices will further propel growth of the fog computing market over the forecast period. In addition, growing awareness about the benefits of open-source software platform, rising demand from emerging markets for computing services at an affordable cost, and government support and initiative to drive fog innovation and deployment are other factors expected to fuel growth of the global fog computing market over the forecast period.

However, security, authentication and privacy concerns, high cost of equipment, and lack of global mobility support are other expected to hamper growth of the global fog computing market over the forecast period. The global fog computing market report is segmented on the basis of solution, application and region On the basis of region, the global fog computing market is segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa.

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