Data Related Concepts

Edge Computing

It is a type of computing that takes place on or near a data source, reducing the need for data to be processed in a remote data center. The goal of edge computing is to move computing away from data centers to the network’s edge, utilizing the capabilities of smart devices, mobile phones, and network gateways to deliver cloud services and processing. Some of its benefits are autonomy, data sovereignty, cost saving, and added functionality. The edge computing market size is expected to grow from $36.5 billion in 2021 to $87.3 billion by 2026, at a CAGR of 19.0% during the forecast period.