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7 Major Edge Computing Trends In 2023 And Beyond

7 Major Edge Computing Trends In 2023 And Beyond

As Edge Computing Continues To Evolve, Organizations Are Striving To Bring Data Closer To The Edge. 

That is why you must be familiar with the top trends in this field to keep pace with the developments in the world of information technology.
As organizations look to use data to make decisions every second, they need native and edge computing power to make critical decisions in the shortest amount of time. This is precisely where edge computing comes into play.

What is edge computing?

Edge computing is a distributed IT architecture that brings data processing, analysis, and intelligence as close to endpoints as possible. More precisely, edge computing can generate data and use the insights gained to make future decisions. More specifically, they allow businesses to make the right decisions every second.

Typically, edge computing is performed on purpose-built devices such as edge gateways. However, we can bring edge computing power closer to different devices and even the endpoints to reduce dependence on data centers. A smartphone that performs some data processing services offline is the best-case scenario.

Prominent and leading organizations in the field of networking are developing technologies that best support edge computing and are also looking to change the way edge computing technologies are used in networking and cloud computing. This issue has caused us to witness developments in this field in 1402 and expect new trends to enter the world of edge computing.

1. Spending on advanced technologies will continue to increase

Research institutes have presented various statistics and figures related to the multiple trends of the network market that will have an upward trend. Still, in the meantime, almost all research and reports published by analysts point out that spending in the field of edge computing will increase. Found.

The edge computing market will experience a CAGR of 21.6% between 2022 and 2028, so it is expected to reach a value of USD 132.11 million. This figure is based on the Fall 2022 report of ReportLinker Institute.

In the study of ReportLinker Institute, it is pointed out that several factors will cause this growth. In its report, this institute declares that establishing solid internet infrastructure, such as 5G and optical fiber cabling in developed countries, along with expanding advanced infrastructure, will cause the turnover of edge computing to grow significantly. To be more precise, edge computing will follow the same path as the fixed internet, the internet of things, and the industrial internet of things. Such advancements in Internet-related technologies drive individuals and businesses to take advantage of the best available opportunities and maximize revenue streams.

In addition, businesses in various industries such as automotive, agriculture, oil and gas, healthcare, and manufacturing have understood the importance of IoT, communications, and sensors. They are willing to equip their equipment with intelligent sensors. Companies and infrastructure service providers have also understood this issue well. In recent years, the Internet of Things has proven its role as a transformative technology in the digital field and has brought improvements in business operations. However, the critical component that has made the Internet of Things so powerful is edge computing, which has facilitated deploying the Internet of Things in industries.

Other research firms also predict significant growth and expect the turnover of this market to be impressive.

Grandview estimates that the global edge computing market will grow at a CAGR of 38.9% between 2022 and 2030.

It should be explained that network experts consider the edge market to consist of hardware, edge nodes, gateways, sensors, routers, endpoint devices such as drones and robots, software solutions, edge management platforms, and services.

2. The number of endpoint devices and the data they generate will continue to grow

Statista estimates that the number of IoT devices worldwide will increase from 15.1 billion in 2023 to 29.4 billion in 2030. IDC forecasts that by 2025, some 55.7 billion IoT devices will be connected to various networks, generating nearly 80 zettabytes of data. So almost every industry will use endpoint devices and the data these devices produce.

3. Edge computing becomes an attractive target for hackers

Hackers are looking at the growing number of IoT devices and edge computing use cases as prime targets. A report published by AT&T on cybersecurity and securing the edge infrastructure indicates that 74% of security, information technology, and business leaders believe that the safety of their enterprise network infrastructure will be significantly threatened. Became.

They have rated ransomware attacks as the highest threat. Among other threats mentioned by managers, the following should be noted:

4. 5G will become more ubiquitous

Although edge computing helps reduce latency by placing computing resources closer to the endpoints that generate data, the speed of 5G combined with edge computing will significantly reduce latency so that processing can be done in real-time.

Because 5G provides a more extensive and faster transmission path for data transmission, it can provide very low latency for many applications, particularly autonomous vehicles, advanced health services such as telesurgery, and the Metaverse.

5. Telecom companies become the leading players in the business world

Telecommunications companies have an expanding role in developing IoT ecosystems in the 21st century. To be more precise, they play a crucial role in the expansion of infrastructure and straightforward access of users to the network. More importantly, they can bring users as close to edge computing equipment, services, and support components such as Secure Access Service Edge. They can package network and security functions as a service and provide them as a single cloud service. Users put

Ericsson’s June 2022 Mobility Report has highlighted that the capabilities offered by edge computing provide companies with huge potential.

6. The sixth generation of communication networks will gradually arrive

Even though 5G provides businesses with lower latency and more bandwidth, research on 6G has already begun. The sixth generation of cellular networks uses higher frequencies and more capacity than 5G, reducing the delay again.

6G networks will ensure that you have a stable connection to the network. Just as 5G provides practical capabilities and enhanced edge computing, 6G will also give users new stuff related to edge computing.

7. Presenters will go to space this time

According to the Linux Foundation’s State of the Edge 2022 report, although the rollout of 5G and the emergence of 6G networks will boost edge computing capabilities, space can play a significant role in computing.

Thanks to the active presence of the private sector, the cost of launching equipment and satellites into space is decreasing daily. In contrast, the constellation of satellites in low Earth orbit (LEO) promises a faster, cheaper, and more reliable satellite Internet connection. , but establishing spatial communication is a reliable solution to providing internet to places that current methods cannot cover.

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