The COVID-19 situation, which has been wreaking havoc around the world, has an important role to play here. Due to the lockdown measures and restrictions on non-essential movement, a large number of people, especially in the manufacturing, commercial, and service sectors have been forced indoors. This has led to an unprecedented rise in the usage of such OTT platforms and other online services, such as gaming and music. Moreover, with many companies shifting to the work-from-home (WFH) policy for an indefinite amount of time, many have migrated their entire work process over to the cloud.

Under the organization segment, the bifurcations of the edge data center market are small and medium enterprises (SME) and large enterprises. Of these, the large enterprises bifurcation held the larger share during 2014–2019 (historical period), owing to the higher spending power of such companies. For instance, Microsoft Corporation, in May 2020, announced plans to spend $1.0 billion on developing data centers in Poland. During the forecast period, the faster growth will be experienced in the SMEs bifurcation due to the rapid digital transformation of such firms.

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In present times, North America generates the highest demand for edge data center solutions as a result of the developed IT sector of the region, boosted by government and private investments. In addition, with 5G services being rolled out across the continent, data traffic is only bound to increase, in part, due to the growing adoption of autonomous and connected vehicles, intelligent personal assistants, electric health records (EHR), connected logistics, and shared mobility services. Moreover, numerous IT and semiconductor companies have operational bases in the region, thus leading to a high demand and easy availability of such solutions.

Asia-Pacific (APAC) will witness the fastest edge data center industry growth during the forecast period. Home to the most people on earth, APAC is witnessing a rapid rise in the number of smartphone and internet users, thus burgeoning data traffic. Moreover, the increasing usage of the internet of things (IoT) and construction of smart cities are putting pressure on the existing data center infrastructure, thereby mandating the setup of edge data centers close to the users.

Hence, the demand for edge data centers is rising with the increasing volume of data and need to reduce the latency.