The global Edge-OPS Market size is expected to reach US$9.8 billion by 2027, growing at a CAGR of 8.4% from 2022 to 2027. The increasing adoption of IoT is fueled by 5G operations, which are primarily driving the growth of the Edge-OPS industry. In April 2021, Intel announced the release of its 3rd Generation Intel Xeon Scalable Processor which is integrated with AI for seamless data integration and advanced security capabilities. However, data breaches and security concerns that come with this massive volume of data ingestion is hampering the growth of the Edge-OPS market.

Moreover, Edge-OPS systems enable localized processing, which aids in latency reduction and helps smart and intelligent manufacturing via predictive analytics. It can also enable devices to gather critical information in relational database management systems. In June 2021, Cisco launched a new range of catalytic routers embedded with 5G technology for industrial manufacturing, with the goal of increasing the capacity of business networks while providing advanced security features. These developments would increase the Edge-OPS market size over the forecast period.

APAC generated approximately 21% of the global revenues in the Edge-OPS industry in 2021 and also expected to grow at a higher rate during the forecast period. China's launch of 5G is fueling growth in emerging high-tech industries, including the Edge-OPS market. With this, data can be quickly processed closer to devices in real-time. According to a survey by GSMA, approximately 90% of mobile ecosystem players in China recognized the Edge-OPS industry as a significant revenue opportunity in the 5G era. As the 5G networks scale over the next few years, the Edge-OPS market size is analyzed to grow significantly.

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Edge-OPS Market Growth Driver:

  • The growth of the Edge Computing Industry and IoT-connected devices:

Edge computing is expected to be critical in the widespread adoption and operation of technologies such as AR/VR, autonomous vehicles, IoT, next-generation CDNs, next-generation cloud and other applications. As a result, the adoption of Edge-OPS systems is increasing, thereby boosting the Edge-OPS market. Edge computing adds to the organization's complexity by allowing a diverse set of stakeholders to maintain IT infrastructures, networking, software development, traffic distribution and service management. In January 2021, Dell Technologies announced that they, in collaboration with VMware and SK Telecom, are developing a single multi-edge compute product for private 5G to assist enterprises in leveraging mobility and edge computing capabilities. These factors would positively influence the Edge-OPS industry outlook over the forecast period.

The Major Players in this Market

Major players in the Edge-OPS Market include IBM Corporation, Cisco Systems, Amazon Web Services Inc, Intel Corporation, SAP SE, Microsoft Corporation and others. In January 2021, Litmus Automation announced the release of Litmus edge 3.0, a modern Edge-OPS platform to collect data for analyzing, building and running applications and integrating it with the organization's system.

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