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Edge Computing in Healthcare Market worth $12.9 billion | MarketsandMarkets
Based on offering, the market is segmented into software and services. The software segment accounted for the largest share of the global market in 2022. The hardware segment dominated this market in 2022, this is due to the high-scale deployment of edge hardware by healthcare organizations to achieve high performance, scale, and flexibility.
Based on end-users, hospitals & clinics garner high revenue owing to their huge generation of data, attributed to the widespread geographical presence and customer base. Edge computing is transforming the way hospitals and clinics manage data, enabling faster, more efficient decision-making and reducing the burden on IT infrastructure. This technology is helping to improve patient outcomes, enhance the patient experience, and increase the overall efficiency of healthcare systems.
Based on region, the global market has been segmented into North America , Europe , Asia Pacific , and the Rest of the World. In 2022, North America accounted for the largest market share followed by Europe . The increasing number of alliances and partnerships among edge computing and other technology providers for continuous technological innovations and advancements in edge computing have further added to the growth of the global edge computing market in North America .
Major players operating in the edge computing in healthcare market are CISCO Systems, Inc. (US), HUAWEI Technologies Co. Ltd ( China ), Dell Technologies, Inc. (US), Amazon Web Services (US), Google, Inc. (US), Microsoft Corporation (US), Intel Corporation (US), General Electric Digital (US), Hewlett Packard Enterprise Company (US), VMware, Inc. (US).
Overall, the adoption of edge computing in the healthcare industry offers numerous advantages, including real-time data processing, reduced latency, enhanced security, scalability, cost efficiency, and improved reliability. These benefits empower healthcare providers to deliver more efficient, personalized, and responsive care to patients while leveraging the full potential of digital technologies in a secure and reliable manner.
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