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Edge Computing Market size is set to grow by USD 19.59 billion from 2024-2028, Rising demand for decentralized computing to reduce latency in decision making boost the market, Technavio

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NEW YORK, June 11, 2024 /PRNewswire/ — The global edge computing market size is estimated to grow by USD 19.59 billion from 2024-2028, according to Technavio. The market is estimated to grow at a CAGR of over 33.57%  during the forecast period. Rising demand for decentralized computing to reduce latency in decision making is driving market growth, with a trend towards deployment of industry 4.0 infrastructure. However, competition from low-cost centralized and general-purpose computing infrastructure  poses a challenge. Key market players include Aarna Networks Inc., Alphabet Inc., Amazon.com Inc., Arrow Electronics Inc., Capgemini Service SAS, Cisco Systems Inc., ClearBlade Inc., Dell Technologies Inc., EdgeConneX Inc., General Electric Co., Hewlett Packard Enterprise Co., Huawei Investment and Holding Co. Ltd., Intel Corp., International Business Machines Corp., Microsoft Corp., Nokia Corp., NVIDIA Corp., Renesas Electronics Corp., Schneider Electric SE, and Telefonaktiebolaget LM Ericsson.

Get a detailed analysis on regions, market segments, customer landscape, and companies- View the snapshot of this report

Edge Computing Market Scope

Report Coverage

Details

Base year

2023

Historic period

2018 – 2022

Forecast period

2024-2028

Growth momentum & CAGR

Accelerate at a CAGR of 33.57%

Market growth 2024-2028

USD 19597 million

Market structure

Fragmented

YoY growth 2022-2023 (%)

25.24

Regional analysis

North America, Europe, APAC, South America, and Middle East and Africa

Performing market contribution

North America at 43%

Key countries

US, China, Germany, UK, and Japan

Key companies profiled

Aarna Networks Inc., Alphabet Inc., Amazon.com Inc., Arrow Electronics Inc., Capgemini Service SAS, Cisco Systems Inc., ClearBlade Inc., Dell Technologies Inc., EdgeConneX Inc., General Electric Co., Hewlett Packard Enterprise Co., Huawei Investment and Holding Co. Ltd., Intel Corp., International Business Machines Corp., Microsoft Corp., Nokia Corp., NVIDIA Corp., Renesas Electronics Corp., Schneider Electric SE, and Telefonaktiebolaget LM Ericsson

Market Driver

The Edge Computing Market is experiencing notable growth due to the increasing adoption of Industry 4.0 practices in manufacturing. With the implementation of Industry 4.0 principles such as machine interconnection, big data collection, and decentralization, there is a heightened demand for real-time data analysis in the immediate manufacturing environment. Edge computing plays a crucial role in this process by enabling the analysis and implementation of data generated by IoT sensors, actuators, and communication tools, thereby enhancing production efficiency and reducing downtime. 

The Edge Computing market is experiencing significant growth, with companies focusing on implementing technologies like 5G and Virtual Reality for faster data processing. The demand for real-time analytics and the need to reduce latency have led to the adoption of edge computing in various industries, including manufacturing and healthcare.

The use of cloud and on-premises solutions in conjunction with edge computing is also gaining popularity. Additionally, the integration of artificial intelligence and machine learning algorithms is enhancing the capabilities of edge computing systems. The market is expected to continue growing as more businesses seek to improve their operational efficiency and enhance their customer experience. 

Research report provides comprehensive data on impact of trend. For more details- Download a Sample Report

Market Challenges

The global edge computing market faces challenges from the prevalence of cloud computing and its affordable pay-as-you-go services. Setting up edge computing infrastructure necessitates additional capital spending, network infrastructure, and skilled labor. Achieving service quality under service level agreements may be difficult in edge computing environments. Network nodes like access points and base stations can be utilized for edge computing, but this may require software solutions and shift focus from applications to infrastructure management.The Edge Computing market is experiencing significant growth due to the increasing demand for real-time data processing and reduced latency. However, there are challenges that need to be addressed. One major challenge is the complexity of implementing and managing edge computing infrastructure.Another challenge is ensuring security and data privacy in edge computing environments. Additionally, interoperability between different edge computing platforms and devices is a concern. Furthermore, the cost of deploying and maintaining edge computing infrastructure can be high. To address these challenges, companies are focusing on developing user-friendly solutions, enhancing security features, and collaborating to create interoperable edge computing ecosystems.

For more insights on driver and challenges – Request a sample report!

Segment Overview 

End-user 1.1 Industrial manufacturing1.2 Telecom1.3 Mobility1.4 Government1.5 OthersComponent 2.1 Hardware2.2 Software2.3 Services2.4 Edge-managed platformsGeography 3.1 North America3.2 Europe3.3 APAC3.4 South America3.5 Middle East and Africa

1.1 Industrial manufacturing-  Edge computing is a business solution that brings data processing closer to the source, reducing latency and bandwidth usage. It enables real-time analysis and decision-making in industries like IoT, manufacturing, and healthcare. Companies benefit from improved operational efficiency and enhanced customer experience. Edge computing is a strategic investment for businesses seeking to leverage data in a cost-effective and agile manner.

For more information on market segmentation with geographical analysis including forecast (2024-2028) and historic data (2017-2021) – Download a Sample Report

Research Analysis

The Edge Computing Market is experiencing significant growth in various industries, including IT infrastructure, telecom firms, and healthcare systems. With the increasing adoption of 5G technology, the need for traffic distribution and service management through edge computing has become crucial. This technology enables real-time processing of data from connected devices, enhancing the performance of applications such as video conferencing software, AI edge computing, and game streaming. Moreover, edge computing plays a vital role in digital health strategies, IoT in healthcare, and life sciences applications.

The integration of artificial intelligence and compliance standards in edge computing further strengthens its position in the market. Cloud computing and Industry 4.0, including smart factories and smart grids, also benefit from edge computing’s capabilities. Despite the economic recession, digital developments continue to drive the demand for edge computing. Network functions like CDNs and security solutions are essential components of edge computing, ensuring efficient traffic distribution and data protection. Additionally, augmented reality (AR) and virtual reality (VR) tools are expected to find increased applications in edge computing, further expanding its market potential.

Market Research Overview

Edge computing refers to the decentralization of data processing and analysis from cloud servers to the edge of the network, closer to the source of data. This approach aims to reduce latency, improve response times, and enhance data security. The edge computing market is experiencing significant growth due to the increasing adoption of IoT devices, the surge in data generated at the edge, and the need for real-time data processing.

The market is segmented based on components, applications, industries, and regions. The components market includes hardware, software, and services. The applications market is categorized into video processing, augmented reality, autonomous vehicles, and industrial automation, among others. Industries covered include healthcare, manufacturing, energy, and telecommunications, among others. The market is expected to grow at a robust pace in the coming years.

Table of Contents:

1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation

End-userIndustrial ManufacturingTelecomMobilityGovernmentOthersComponentHardwareSoftwareServicesEdge-managed PlatformsGeographyNorth AmericaEuropeAPACSouth AmericaMiddle East And Africa

7 Customer Landscape
8 Geographic Landscape
9 Drivers, Challenges, and Trends
10 Company Landscape
11 Company Analysis
12 Appendix

About Technavio

Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions.

With over 500 specialized analysts, Technavio’s report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

Contacts

Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
Email: media@technavio.com
Website: www.technavio.com/

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SOURCE Technavio

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Explore Beyond Expo 2025 Osaka with Agoda’s Day Trip Recommendations

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SINGAPORE, April 11, 2025 /PRNewswire/ — Digital travel platform Agoda is spotlighting five enriching day trips for visitors attending Expo 2025 Osaka in Japan. Taking place on Yumeshima Island near Osaka from April 13 to October 13, 2025, the Expo will showcase innovations across health, design, and connectivity. Agoda’s day-trip recommendations aim to enhance the travel experience by encouraging exploration of nearby destinations beyond perennial favorites Osaka and Kyoto.

Expo 2025 Osaka is set to attract international visitors, eager to explore forward-looking exhibits and cultural showcases. Agoda’s insights revealed that the highest number of accommodation searches for the Kansai region came from South Korea, followed by Taiwan, Hong Kong, Thailand and mainland China.

Beyond the Expo, the Kansai region and surrounding areas offer a variety of experiences, from historical landmarks to culinary delights. Agoda has identified five destinations that are ideal for day trips:

Nara: Known for its historical significance, Nara features attractions such as Todai-ji Temple and Nara Park, where deer roam freely. The city’s serene environment provides a contrast to the dynamic atmosphere of the Expo. Nara is accessible in about an hour via the JR Osaka Loop Line.Kobe: This port city combines modernity with tradition, offering highlights such as the Kitano Ijinkan-gai District and panoramic views from Mount Rokko. Kobe beef and the hot springs of Arima Onsen are also popular draws. The JR Kobe Line Rapid Service connects Osaka to Kobe in approximately 30 minutes.Nagoya: A blend of innovation and tradition, Nagoya features landmarks like Nagoya Castle and the Toyota Commemorative Museum of Industry and Technology. Local cuisine, including miso katsu, adds to the city’s appeal. The Shinkansen from Shin-Osaka Station ensures a quick and convenient journey.Himeji: Himeji Castle, a UNESCO World Heritage Site, is a must-see for its architectural beauty and historical significance. The castle’s white facade and surrounding gardens are particularly striking. The JR Sanyo Shinkansen provides access to Himeji in under an hour.Wakayama: Wakayama offers a mix of spiritual and cultural experiences, including Mount Koya, a center of Shingon Buddhism, and Wakayama Castle. Fresh seafood markets add a culinary dimension to the visit. The JR Wakayama Line connects Osaka to this peaceful destination.

Hiroto Ooka, Associate Vice President, North Asia at Agoda, shared, “Expo 2025 Osaka is not just about innovation; it’s also an opportunity to explore the rich culture and history of the Kansai region and beyond. Agoda is excited to help travelers uncover these destinations and create unforgettable memories with great value deals on accommodation, flights, and activities.”

With over 5 million holiday properties, 130,000 flight routes, and 300,000 activities, Agoda makes it easy to plan your next celestial escape. Visit Agoda.com or download the Agoda mobile app for the best deals.

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SOURCE Agoda

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Lakshmi Finance Center: Jonathan Dale Benton Unveils the Strategic Leap from TradeGenius AI 3.0 to 4.0

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Lakshmi Finance Center announces the next generation of its flagship AI platform, TradeGenius AI 4.0, showcasing advanced learning capabilities, re-engineered infrastructure, and cross-domain scalability under the direction of founder Jonathan Dale Benton.

SAN DIEGO, April 10, 2025 /PRNewswire-PRWeb/ — Lakshmi Finance Center has officially launched TradeGenius AI 4.0, the most significant architectural and functional overhaul of its intelligent automation platform to date. Building on the foundational framework of version 3.0, the new system introduces a series of transformative upgrades designed to meet the demands of increasingly complex and dynamic real-time environments.

The development, led by Founder and CEO Jonathan Dale Benton, reflects the institution’s ongoing investment in modular artificial intelligence systems that prioritize learning adaptability, high-volume data responsiveness, and operational transparency.

“TradeGenius AI 4.0 is not simply a version update—it’s a complete strategic reinvention of the system’s intelligence core,” said Jonathan Dale Benton. “It now thinks in contexts, adapts in cycles, and learns in real time across environments that no static model could survive.”

While TradeGenius AI 3.0 introduced essential advancements such as adaptive learning databases and preliminary decision feedback loops, version 4.0 redefines those foundations by integrating reinforcement learning, temporal abstraction layers, and dynamic task routing engines. These upgrades allow the system to execute multi-stage, variable-output strategies across non-linear data streams—an essential feature for modern AI operations.

One of the key innovations in 4.0 is its event-driven processing model, which replaces sequential logic chains with flexible response modules. This model enables the system to react to new inputs based on weighted probabilities rather than fixed triggers, dramatically reducing latency and enhancing situational awareness.

In parallel, the platform now supports natural language command interpretation through an upgraded NLP parser, allowing users to construct complex operational logic using simple language prompts. These are dynamically translated into structured tasks, enabling broader accessibility across non-technical roles in systems management and automation testing.

The memory module—a critical improvement over 3.0’s short-term feedback structure—has been expanded into a context-aware temporal buffer. This allows TradeGenius AI 4.0 to maintain variable-length memory trails for long-form decision-making, improving continuity in strategy across extended sessions.

Another core advancement is the scalability architecture, which now supports simultaneous deployment across decentralized nodes with real-time synchronization. This enables federated learning experiments and distributed intelligence deployment in simulated or live multi-agent environments.

The engineering teams behind TradeGenius AI worked through 14 months of sprint-based iterations and regression testing to ensure that legacy logic sets could be retained while accommodating the system’s expanded capabilities. Cross-disciplinary contributions from Lakshmi’s internal data scientists, systems theorists, and interface designers ensured a consistent balance between depth, speed, and usability.

In preparation for broader use, Lakshmi Finance Center is releasing a developer sandbox environment for institutions and research labs, including access to API layers, custom training modules, and anonymized datasets for testing. Internal pilot programs have already demonstrated successful applications in automation orchestration, real-time analytics, and process modeling.

Looking ahead, Lakshmi Finance Center plans to integrate real-world knowledge graph structures and symbolic reasoning systems in future iterations of the TradeGenius framework. Version 4.1, currently in prototype, is expected to introduce explainability modules and internal audit trails for transparency in critical system decisions.

TradeGenius AI 4.0 is now available for enterprise deployment, research collaboration, and curriculum integration within Lakshmi’s technical education programs.

With this release, Lakshmi Finance Center not only extends the capabilities of intelligent systems but reinforces its role as a center for continuous innovation in scalable, modular, and explainable AI.

Media Contact

Charlotte Evans, Lakshmi Finance Center, 1 619-379-7337, contact@lakshmifinance.com, https://www.lakshmifinance.com/

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SOURCE Lakshmi Finance Center

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ROLLER Celebrated on AFR’s Best Places to Work List and Certified as a Great Place to Work

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ROLLER’s purpose is to help create experiences that bring joy and happiness to the world. They achieve this by connecting attraction venues with powerful, easy-to-use technology.

AUSTIN, Texas, April 10, 2025 /PRNewswire/ — ROLLER, the all-in-one venue management platform for the leisure and attractions industry, is proud to announce it has been named a finalist on the Australian Financial Review’s Best Places to Work List for 2025, in the Technology category. Presented in collaboration with Bendelta, the list evaluates hundreds of companies across Australia and New Zealand based on employee experience, policies, and innovation. For the ROLLER team, being recognized among such respected companies is a meaningful acknowledgment of the culture they’re continuing to build as they scale.

“Our people are the heart of everything we do,” says Bee Hepburn, Chief People Officer at ROLLER. “Being included on the AFR’s Best Places to Work List reflects our team’s passion for not only creating joyful guest experiences through our platform but also cultivating a workplace where people love to show up every day.”

ROLLER was also honored to be officially certified as a Great Place to Work® for the third consecutive year in Australia and the second year running in the United States.

“Great Place To Work Certification is a highly coveted achievement that requires consistent and intentional dedication to the overall employee experience,” says Sarah Lewis-Kulin, Vice President of Global Recognition at Great Place To Work. She emphasizes that Certification is based entirely on real feedback from employees, making it a genuine reflection of how people feel about the company culture. “By successfully earning this recognition, it is evident that ROLLER stands out as one of the top companies to work for, providing a great workplace environment for its employees.”

ROLLER’s employee experience is driven by core values that promote collaboration, trust, innovation, and personal growth. With a global team spanning the Americas, EMEA, and APAC, ROLLER emphasizes flexibility, psychological safety, and opportunities for career progression. Recent initiatives include working with Equidi to close the gender pay gap, a public holiday swap program, and DEI-driven hiring practices.

“We’re intentional about creating an environment where people feel connected to their work, each other, and the impact we’re making,” added Bee Hepburn. “Whether you’re based in Austin, Melbourne, or London, you’ll find the same level of openness, encouragement, and energy that defines ROLLER’s culture.”

As the company continues to grow and evolve, ROLLER remains focused on maintaining a culture-first approach, recognizing that happy, fulfilled teams are the key to delivering world-class products and support to the attractions industry.

About ROLLER

ROLLER is the cloud-based venue management platform for modern attractions, purpose-built to remove friction from the guest experience at every touchpoint. Their all-in-one platform simplifies its customers’ business processes, improving efficiency and maximizing revenue. ROLLER’s comprehensive solution includes: Online Checkout & Ticketing, Point-of-Sale, Integrated Payments, Memberships, Gift Cards, Waivers, Self-Serve Kiosks, Cashless Wallets, Guest Surveys, and more. To learn more, visit roller.software.

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