Edge Computing Market in Apac: An In-Depth Analysis of Trends, Challenges, and Opportunities

You might also like

Download as pptx, pdf, or txt
Download as pptx, pdf, or txt
You are on page 1of 10

Edge Computing Market in

APAC
An In-depth Analysis of Trends, Challenges, and Opportunities.

Raphael A
21-UCS-002
Executive Summary
• Through edge computing, distant devices can process data at the "edge" of the
network, either locally on a server or on the device itself.
• It reduces latency by transmitting the most crucial data in the central datacenter
when its need to be processed.
• In the upcoming years, the edge computing market in Asia-Pacific is expected to
grow and reach roughly US$17.8 billion by 2025.
• The Asia-Pacific region's edge system deployment is primarily motivated by three
factors: latency (17%), cost performance (28%) and bandwidth (29%).
• Key Players: Microsoft, Cisco, Huawei, Intel, AWS, IBM, Google, Nokia etc.
Market Overview
• Edge computing is about placing enterprise applications closer to where data is
created.
• The Edge Computing Market in APAC region is expected to grow at a CAGR of
22.74% from $20.1 million in 2022 to $181.8 million by 2033 in the forecasted
period of 2023-2033.
• Key technologies: Internet of Things (IoT) hardware, edge computers, and small,
localized data centers.
• Market Segmentation:
Segmentation 1:by End User Segmentation 2: by Country
• Commercial • China
• Defense • Japan
• Civil Government • India, Rest-of-Asia-Pacific
Market Estimates and Trends
• The Edge Computing Market size is estimated at USD 15.59 billion in 2024, and
is expected to reach USD 32.19 billion by 2029, growing at a CAGR of 15.60%
during the forecast period (2024-2029).
• Edge computing is poised to significantly reshape telecom networks, driven by 5G
and the IoT. The combination of 5G, IoT, and edge computing would be
transformational for both communication service providers and their customers.
2030 64
2029 50
2028 42
2027 36
2026 31
2025 27
2024 22
2023 18
2022 13
2021 8
0 10 20 30 40 50 60 70

5G Market Penetration in %
Challenges, Opportunities and Conclusion
• Challenges: Network Connectivity and Reliability, Security and Privacy, Data
Management and Storage, Scalability and Resource Constraints, Deployment and
Management Complexity.
• The edge use cases that are forecast to have the fastest spending growth over the
2022-2027 period include product development virtual reality, asset maintenance,
logistics and package delivery management and 360-degree educational video
viewing.
• The primary concept behind edge computing is to bring computation and data
storage closer to the devices or users generating and consuming the data.
Example: Internet of Things (IoT): Edge computing is a fundamental enabler of
IoT devices.
Aerospace MRO Market in
India
Exploring Opportunities and Challenges.
Executive Summary
• Industry reports identify India as the seventh-largest civil aviation market in the
world. It is set to become the world’s third largest by 2026, representing a
significant expansion scope for MRO facilities in India
• About 90 percent MRO requirements in India are currently met through imports.
• India's MRO sector is in a nascent stage but carries a significant growth potential
which will mainly be fueled by a growing aviation industry (expected to generate
nearly 90,000 jobs and save about US$ 2 billion in foreign exchange).
• Key Players: Air India Engineering Services Limited (AIESL), Max Aerospace
and Aviation Limited, Air Works India Engineering Pvt Ltd, GMR Aero Technic
Limited, Aerospace Technologies Pvt Ltd etc.
Market Overview
• India’s civil aviation industry, with a market size of USD 900 million10, has
become one of the country’s fastest expanding industries with a high growth curve.
• The Indian civil aviation industry has been the centerpiece of the development of
MRO Industry in the Asia Pacific region and is projected to depict a substantial
growth of 9.1% by 2031.
• In India, airlines spend around 12 to 15% of their overall revenues on
maintenance, which becomes the second most expensive item after fuel (45% of
operating expenses).
• India’s MRO Market
• In 2021 1.7Bn In 2031 4Bn
CAGR 8.9%
Market Estimates and Trends
• With more than 1,000 aircraft currently on order, the country is likely to
become the third-largest buyer of commercial passenger planes in the
world, only after the US and China.
Annual MRO Growth(in %) by Region for 2021-2031
Challenges, Opportunities and Conclusion
• Challenges:

• The Indian government has initiated various reforms in the aviation ecosystem –
by addressing tax policies and other regulatory aspects to promote ease of doing
business and improving the commercial outlook of the MRO sector – to enhance
overall scalability and profitability of key services.

You might also like