AI, 5G and IoT spur edge data centers
As data multiplies, enterprises are recognizing that it’s preferable to process that data at the edge for real-time decision making, rather than the battle latency and congestion issues associated with routing that data back to cloud or on-premises data centers. PricewaterhouseCoopers (PwC) says the edge data center market will grow to $13.5 billion in 2024, up from $4 billion in 2017. Looking ahead, MarketsandMarkets predicts the edge data center market will grow to $29.6 billion by 2028.