Product Code: ETC4428028 | Publication Date: Jul 2023 | Updated Date: Feb 2025 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 85 | No. of Figures: 45 | No. of Tables: 25 | |
Edge computing has emerged as a transformative technology in Singapore IT landscape. With the proliferation of IoT devices and the need for real-time data processing, businesses are turning to edge computing solutions to meet their latency and performance requirements. The edge computing market in Singapore is characterized by a variety of hardware and software offerings designed to bring computing closer to data sources. This market is poised for growth as industries such as manufacturing, healthcare, and logistics leverage edge computing to optimize their operations and deliver superior services.
Edge computing is gaining momentum in Singapore due to the demand for low-latency processing and real-time data analytics. The proliferation of Internet of Things (IoT) devices and applications that require instant data processing fuels this market. Industries such as autonomous vehicles, smart manufacturing, and healthcare are increasingly reliant on edge computing for quicker decision-making and reduced data transfer costs. In addition, concerns over data privacy and security have pushed organizations to process data locally, and this trend drives the growth of the edge computing market in Singapore.
The Singapore Edge Computing Market encounters challenges in distributing computing resources closer to the data source, which is essential for low-latency applications. Ensuring data consistency, security, and compliance across edge devices can be complex. Additionally, managing edge infrastructure, scaling resources as needed, and addressing device heterogeneity are ongoing challenges in the market.
The COVID-19 pandemic accelerated the adoption of edge computing in Singapore. With the surge in remote work and the proliferation of IoT devices, the demand for low-latency, decentralized computing solutions grew exponentially. Edge computing, which enables data processing at or near the source, gained prominence as it could support applications requiring real-time data analytics and decision-making. Industries such as healthcare, logistics, and manufacturing increasingly turned to edge computing to ensure the reliable and swift processing of data. This trend is expected to persist post-pandemic, making edge computing a vital component of the IT infrastructure landscape in Singapore.
Edge computing is gaining traction in Singapore, and key players in this market include Huawei, Intel, NVIDIA, and Schneider Electric. Huawei, a major global technology player, is involved in providing edge computing solutions and hardware to support the evolving needs of businesses. Intel, renowned for its chipsets and processors, is actively involved in edge computing technology, offering high-performance hardware to enable efficient edge processing. NVIDIA`s expertise in AI and GPU technology has positioned them as a critical player in enabling edge computing for AI applications. Schneider Electric, a global leader in energy management and automation, offers infrastructure solutions that support edge computing deployments, contributing significantly to the development of this market in Singapore.
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Singapore Edge Computing Market Overview |
3.1 Singapore Country Macro Economic Indicators |
3.2 Singapore Edge Computing Market Revenues & Volume, 2021 & 2031F |
3.3 Singapore Edge Computing Market - Industry Life Cycle |
3.4 Singapore Edge Computing Market - Porter's Five Forces |
3.5 Singapore Edge Computing Market Revenues & Volume Share, By Component, 2021 & 2031F |
3.6 Singapore Edge Computing Market Revenues & Volume Share, By Organization Size , 2021 & 2031F |
3.7 Singapore Edge Computing Market Revenues & Volume Share, By Application , 2021 & 2031F |
3.8 Singapore Edge Computing Market Revenues & Volume Share, By Vertical , 2021 & 2031F |
4 Singapore Edge Computing Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Singapore Edge Computing Market Trends |
6 Singapore Edge Computing Market, By Types |
6.1 Singapore Edge Computing Market, By Component |
6.1.1 Overview and Analysis |
6.1.2 Singapore Edge Computing Market Revenues & Volume, By Component, 2021-2031F |
6.1.3 Singapore Edge Computing Market Revenues & Volume, By Hardware, 2021-2031F |
6.1.4 Singapore Edge Computing Market Revenues & Volume, By Software, 2021-2031F |
6.1.5 Singapore Edge Computing Market Revenues & Volume, By Services, 2021-2031F |
6.2 Singapore Edge Computing Market, By Organization Size |
6.2.1 Overview and Analysis |
6.2.2 Singapore Edge Computing Market Revenues & Volume, By Large Enterprises, 2021-2031F |
6.2.3 Singapore Edge Computing Market Revenues & Volume, By SMEs, 2021-2031F |
6.3 Singapore Edge Computing Market, By Application |
6.3.1 Overview and Analysis |
6.3.2 Singapore Edge Computing Market Revenues & Volume, By Smart Cities, 2021-2031F |
6.3.3 Singapore Edge Computing Market Revenues & Volume, By Industrial Internet of Things (IIoT), 2021-2031F |
6.3.4 Singapore Edge Computing Market Revenues & Volume, By Remote Monitoring, 2021-2031F |
6.3.5 Singapore Edge Computing Market Revenues & Volume, By Content Delivery, 2021-2031F |
6.3.6 Singapore Edge Computing Market Revenues & Volume, By Augmented Reality (AR) and Virtual Reality (VR), 2021-2031F |
6.3.7 Singapore Edge Computing Market Revenues & Volume, By Others (Autonomous Vehicles, Drones, And Gaming), 2021-2031F |
6.4 Singapore Edge Computing Market, By Vertical |
6.4.1 Overview and Analysis |
6.4.2 Singapore Edge Computing Market Revenues & Volume, By Manufacturing, 2021-2031F |
6.4.3 Singapore Edge Computing Market Revenues & Volume, By Energy and Utilities, 2021-2031F |
6.4.4 Singapore Edge Computing Market Revenues & Volume, By Government and Defense, 2021-2031F |
6.4.5 Singapore Edge Computing Market Revenues & Volume, By Telecommunications, 2021-2031F |
6.4.6 Singapore Edge Computing Market Revenues & Volume, By Media and Entertainment, 2021-2031F |
6.4.7 Singapore Edge Computing Market Revenues & Volume, By Retail and Consumer Goods, 2021-2031F |
6.4.8 Singapore Edge Computing Market Revenues & Volume, By Healthcare and Life Sciences, 2021-2031F |
6.4.9 Singapore Edge Computing Market Revenues & Volume, By Healthcare and Life Sciences, 2021-2031F |
7 Singapore Edge Computing Market Import-Export Trade Statistics |
7.1 Singapore Edge Computing Market Export to Major Countries |
7.2 Singapore Edge Computing Market Imports from Major Countries |
8 Singapore Edge Computing Market Key Performance Indicators |
9 Singapore Edge Computing Market - Opportunity Assessment |
9.1 Singapore Edge Computing Market Opportunity Assessment, By Component, 2021 & 2031F |
9.2 Singapore Edge Computing Market Opportunity Assessment, By Organization Size , 2021 & 2031F |
9.3 Singapore Edge Computing Market Opportunity Assessment, By Application , 2021 & 2031F |
9.4 Singapore Edge Computing Market Opportunity Assessment, By Vertical , 2021 & 2031F |
10 Singapore Edge Computing Market - Competitive Landscape |
10.1 Singapore Edge Computing Market Revenue Share, By Companies, 2024 |
10.2 Singapore Edge Computing Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |