The Europe Fog Networking Market would witness market growth of 38.1% CAGR during the forecast period (2023-2030).
Fog networking extends cloud computing technology to the network edge, making it suitable for IoT, 5G, AI, and many other technologies needing faster real-time data processing. Near-end devices, fog nodes serve as intelligent processors that can evaluate real-time data and provide immediate results.
A tremendous volume of data generated by devices, such as industrial sensors, personal wearables, and home appliances, must be analyzed to get insights. Fog networking solves security issues prevalent in cloud computing and offers real-time analysis with minimal latency. Applications that demand low latency, such as traffic management, linked healthcare, and connected automobiles, may benefit from fog networking. For instance, if the latency is too high, smart traffic will not function.
It may also assist in resolving the security and privacy issues connected to Industry 4.0 and smart cities. It may reduce the exposure of sensitive information to possible cyberattacks and data breaches by processing data locally at the network's edge. This is especially crucial in industries that depend on essential infrastructure, including energy, transportation, and healthcare, where security breaches may have disastrous results. By allowing data processing and archiving inside the country where the data is created, fog networking may also assist enterprises in adhering to data protection laws.
The German government is assisting municipalities by supporting the development of integrated smart city policies and their implementation via the 2020 Smart City Model Projects Program, wherein 32 chosen projects are funded with around EUR 350 million. Cross-sectoral initiatives that other German municipalities may implement are the main focus of the financing endeavor. Germany will contribute an extra EUR 500 million to the creation of smart cities. Germany is spending a total of EUR 1,250 billion to support the development and use of urban technology. German and European cities have expanded throughout the ages. Building new cities may take a long time since digital technologies are now being added, and old infrastructures are being improved. Germany's smart city ideas have been developed in several cities. Consequently, communicating with municipalities is crucial. The adoption of fog networking throughout Europe is anticipated to be supported by the growing number of smart city initiatives, leading to a boom in the regional market.
The Germany market dominated the Europe Fog Networking Market by Country in 2022, and would continue to be a dominant market till 2030; thereby, achieving a market value of $174,584.5 Thousands by 2030. The UK market is exhibiting a CAGR of 36.9% during (2023 - 2030). Additionally, The France market would experience a CAGR of 39.1% during (2023 - 2030).
Based on Application, the market is segmented into Smart Manufacturing, Connected Healthcare, Smart Energy, Building & Home Automation, Transportation & Logistics, and Others. Based on Component, the market is segmented into Hardware, Software, and Services. Based on countries, the market is segmented into Germany, UK, France, Russia, Spain, Italy, and Rest of Europe.
Free Valuable Insights: The Worldwide Fog Networking Market is Projected to reach USD 2.8 Billion by 2030, at a CAGR of 38.7%
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Cisco Systems, Inc., IBM Corporation, Huawei Technologies Co., Ltd. (Huawei Investment & Holding Co., Ltd.), Google LLC (Alphabet Inc.), Microsoft Corporation, Fujitsu Limited, Dell Technologies, Inc., Intel Corporation, Amazon Web Services, Inc. (Amazon.com, Inc.) and Arista Networks, Inc.
Scope of the Study
Market Segments Covered in the Report:
By Application
- Smart Manufacturing
- Connected Healthcare
- Smart Energy
- Building & Home Automation
- Transportation & Logistics
- Others
By Component
By Country
- Germany
- UK
- France
- Russia
- Spain
- Italy
- Rest of Europe
Key Market Players
List of Companies Profiled in the Report:
- Cisco Systems, Inc.
- IBM Corporation
- Huawei Technologies Co., Ltd. (Huawei Investment & Holding Co., Ltd.)
- Google LLC (Alphabet Inc.)
- Microsoft Corporation
- Fujitsu Limited
- Dell Technologies, Inc.
- Intel Corporation
- Amazon Web Services, Inc. (Amazon.com, Inc.)
- Arista Networks, Inc.
Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 Europe Fog Networking Market, by Application
1.4.2 Europe Fog Networking Market, by Component
1.4.3 Europe Fog Networking Market, by Country
1.5 Methodology for the research
Chapter 2. Market At a Glance
2.1 Key Highlight
Chapter 3. Market Overview
3.1 Introduction
3.1.1 Overview
3.1.1.1 Market Composition and Scenario
3.2 Key Factors Impacting the Market
3.2.1 Market Drivers
3.2.2 Market Restraints
3.3 Porter’s Five Forces Analysis
Chapter 4. Strategies Deployed in Fog Networking Market
Chapter 5. Europe Fog Networking Market by Application
5.1 Europe Smart Manufacturing Market by Country
5.2 Europe Connected Healthcare Market by Country
5.3 Europe Smart Energy Market by Country
5.4 Europe Building & Home Automation Market by Country
5.5 Europe Transportation & Logistics Market by Country
5.6 Europe Others Market by Country
Chapter 6. Europe Fog Networking Market by Component
6.1 Europe Hardware Market by Country
6.2 Europe Software Market by Country
6.3 Europe Services Market by Country
Chapter 7. Europe Fog Networking Market by Country
7.1 Germany Fog Networking Market
7.1.1 Germany Fog Networking Market by Application
7.1.2 Germany Fog Networking Market by Component
7.2 UK Fog Networking Market
7.2.1 UK Fog Networking Market by Application
7.2.2 UK Fog Networking Market by Component
7.3 France Fog Networking Market
7.3.1 France Fog Networking Market by Application
7.3.2 France Fog Networking Market by Component
7.4 Russia Fog Networking Market
7.4.1 Russia Fog Networking Market by Application
7.4.2 Russia Fog Networking Market by Component
7.5 Spain Fog Networking Market
7.5.1 Spain Fog Networking Market by Application
7.5.2 Spain Fog Networking Market by Component
7.6 Italy Fog Networking Market
7.6.1 Italy Fog Networking Market by Application
7.6.2 Italy Fog Networking Market by Component
7.7 Rest of Europe Fog Networking Market
7.7.1 Rest of Europe Fog Networking Market by Application
7.7.2 Rest of Europe Fog Networking Market by Component
Chapter 8. Company Profiles
8.1 Cisco Systems, Inc.
8.1.1 Company Overview
8.1.2 Financial Analysis
8.1.3 Regional Analysis
8.1.4 Research & Development Expense
8.1.5 Recent strategies and developments:
8.1.5.1 Acquisition and Mergers:
8.1.6 SWOT Analysis
8.2 IBM Corporation
8.2.1 Company Overview
8.2.2 Financial Analysis
8.2.3 Regional & Segmental Analysis
8.2.4 Research & Development Expenses
8.2.5 Recent strategies and developments:
8.2.5.1 Partnerships, Collaborations, and Agreements:
8.2.6 SWOT Analysis
8.3 Huawei Technologies Co., Ltd. (Huawei Investment & Holding Co., Ltd.)
8.3.1 Company Overview
8.3.2 Financial Analysis
8.3.3 Segmental and Regional Analysis
8.3.4 Research & Development Expense
8.3.5 SWOT Analysis
8.4 Google LLC (Alphabet Inc.)
8.4.1 Company Overview
8.4.2 Financial Analysis
8.4.3 Segmental and Regional Analysis
8.4.4 Research & Development Expense
8.4.5 Recent strategies and developments:
8.4.5.1 Partnerships, Collaborations, and Agreements:
8.4.5.2 Product Launches and Product Expansions:
8.4.6 SWOT Analysis
8.5 Microsoft Corporation
8.5.1 Company Overview
8.5.2 Financial Analysis
8.5.3 Segmental and Regional Analysis
8.5.4 Research & Development Expenses
8.5.5 Recent strategies and developments:
8.5.5.1 Partnerships, Collaborations, and Agreements:
8.5.5.2 Acquisition and Mergers:
8.5.6 SWOT Analysis
8.6 Fujitsu Limited
8.6.1 Company Overview
8.6.2 Financial Analysis
8.6.3 Segmental and Regional Analysis
8.6.4 Research & Development Expenses
8.6.5 Recent strategies and developments:
8.6.5.1 Product Launches and Product Expansions:
8.6.6 SWOT Analysis
8.7 Dell Technologies, Inc.
8.7.1 Company Overview
8.7.2 Financial Analysis
8.7.3 Segmental and Regional Analysis
8.7.4 Research & Development Expense
8.7.5 SWOT Analysis:
8.8 Intel Corporation
8.8.1 Company Overview
8.8.2 Financial Analysis
8.8.3 Segmental and Regional Analysis
8.8.4 Research & Development Expenses
8.8.5 Recent strategies and developments:
8.8.5.1 Product Launches and Product Expansions:
8.8.6 SWOT Analysis
8.9 Amazon Web Services, Inc. (Amazon.com, Inc.)
8.9.1 Company Overview
8.9.2 Financial Analysis
8.9.3 Segmental Analysis
8.9.4 Recent strategies and developments:
8.9.4.1 Product Launches and Product Expansions:
8.9.5 SWOT Analysis
8.10. Arista Networks, Inc.
8.10.1 Company Overview
8.10.2 Financial Analysis
8.10.3 Regional Analysis
8.10.4 Research & Development Expense
8.10.5 SWOT Analysis
TABLE 1 Europe Fog Networking Market, 2019 - 2022, USD Thousands
TABLE 2 Europe Fog Networking Market, 2023 - 2030, USD Thousands
TABLE 3 Europe Fog Networking Market by Application, 2019 - 2022, USD Thousands
TABLE 4 Europe Fog Networking Market by Application, 2023 - 2030, USD Thousands
TABLE 5 Europe Smart Manufacturing Market by Country, 2019 - 2022, USD Thousands
TABLE 6 Europe Smart Manufacturing Market by Country, 2023 - 2030, USD Thousands
TABLE 7 Europe Connected Healthcare Market by Country, 2019 - 2022, USD Thousands
TABLE 8 Europe Connected Healthcare Market by Country, 2023 - 2030, USD Thousands
TABLE 9 Europe Smart Energy Market by Country, 2019 - 2022, USD Thousands
TABLE 10 Europe Smart Energy Market by Country, 2023 - 2030, USD Thousands
TABLE 11 Europe Building & Home Automation Market by Country, 2019 - 2022, USD Thousands
TABLE 12 Europe Building & Home Automation Market by Country, 2023 - 2030, USD Thousands
TABLE 13 Europe Transportation & Logistics Market by Country, 2019 - 2022, USD Thousands
TABLE 14 Europe Transportation & Logistics Market by Country, 2023 - 2030, USD Thousands
TABLE 15 Europe Others Market by Country, 2019 - 2022, USD Thousands
TABLE 16 Europe Others Market by Country, 2023 - 2030, USD Thousands
TABLE 17 Europe Fog Networking Market by Component, 2019 - 2022, USD Thousands
TABLE 18 Europe Fog Networking Market by Component, 2023 - 2030, USD Thousands
TABLE 19 Europe Hardware Market by Country, 2019 - 2022, USD Thousands
TABLE 20 Europe Hardware Market by Country, 2023 - 2030, USD Thousands
TABLE 21 Europe Software Market by Country, 2019 - 2022, USD Thousands
TABLE 22 Europe Software Market by Country, 2023 - 2030, USD Thousands
TABLE 23 Europe Services Market by Country, 2019 - 2022, USD Thousands
TABLE 24 Europe Services Market by Country, 2023 - 2030, USD Thousands
TABLE 25 Europe Fog Networking Market by Country, 2019 - 2022, USD Thousands
TABLE 26 Europe Fog Networking Market by Country, 2023 - 2030, USD Thousands
TABLE 27 Germany Fog Networking Market, 2019 - 2022, USD Thousands
TABLE 28 Germany Fog Networking Market, 2023 - 2030, USD Thousands
TABLE 29 Germany Fog Networking Market by Application, 2019 - 2022, USD Thousands
TABLE 30 Germany Fog Networking Market by Application, 2023 - 2030, USD Thousands
TABLE 31 Germany Fog Networking Market by Component, 2019 - 2022, USD Thousands
TABLE 32 Germany Fog Networking Market by Component, 2023 - 2030, USD Thousands
TABLE 33 UK Fog Networking Market, 2019 - 2022, USD Thousands
TABLE 34 UK Fog Networking Market, 2023 - 2030, USD Thousands
TABLE 35 UK Fog Networking Market by Application, 2019 - 2022, USD Thousands
TABLE 36 UK Fog Networking Market by Application, 2023 - 2030, USD Thousands
TABLE 37 UK Fog Networking Market by Component, 2019 - 2022, USD Thousands
TABLE 38 UK Fog Networking Market by Component, 2023 - 2030, USD Thousands
TABLE 39 France Fog Networking Market, 2019 - 2022, USD Thousands
TABLE 40 France Fog Networking Market, 2023 - 2030, USD Thousands
TABLE 41 France Fog Networking Market by Application, 2019 - 2022, USD Thousands
TABLE 42 France Fog Networking Market by Application, 2023 - 2030, USD Thousands
TABLE 43 France Fog Networking Market by Component, 2019 - 2022, USD Thousands
TABLE 44 France Fog Networking Market by Component, 2023 - 2030, USD Thousands
TABLE 45 Russia Fog Networking Market, 2019 - 2022, USD Thousands
TABLE 46 Russia Fog Networking Market, 2023 - 2030, USD Thousands
TABLE 47 Russia Fog Networking Market by Application, 2019 - 2022, USD Thousands
TABLE 48 Russia Fog Networking Market by Application, 2023 - 2030, USD Thousands
TABLE 49 Russia Fog Networking Market by Component, 2019 - 2022, USD Thousands
TABLE 50 Russia Fog Networking Market by Component, 2023 - 2030, USD Thousands
TABLE 51 Spain Fog Networking Market, 2019 - 2022, USD Thousands
TABLE 52 Spain Fog Networking Market, 2023 - 2030, USD Thousands
TABLE 53 Spain Fog Networking Market by Application, 2019 - 2022, USD Thousands
TABLE 54 Spain Fog Networking Market by Application, 2023 - 2030, USD Thousands
TABLE 55 Spain Fog Networking Market by Component, 2019 - 2022, USD Thousands
TABLE 56 Spain Fog Networking Market by Component, 2023 - 2030, USD Thousands
TABLE 57 Italy Fog Networking Market, 2019 - 2022, USD Thousands
TABLE 58 Italy Fog Networking Market, 2023 - 2030, USD Thousands
TABLE 59 Italy Fog Networking Market by Application, 2019 - 2022, USD Thousands
TABLE 60 Italy Fog Networking Market by Application, 2023 - 2030, USD Thousands
TABLE 61 Italy Fog Networking Market by Component, 2019 - 2022, USD Thousands
TABLE 62 Italy Fog Networking Market by Component, 2023 - 2030, USD Thousands
TABLE 63 Rest of Europe Fog Networking Market, 2019 - 2022, USD Thousands
TABLE 64 Rest of Europe Fog Networking Market, 2023 - 2030, USD Thousands
TABLE 65 Rest of Europe Fog Networking Market by Application, 2019 - 2022, USD Thousands
TABLE 66 Rest of Europe Fog Networking Market by Application, 2023 - 2030, USD Thousands
TABLE 67 Rest of Europe Fog Networking Market by Component, 2019 - 2022, USD Thousands
TABLE 68 Rest of Europe Fog Networking Market by Component, 2023 - 2030, USD Thousands
TABLE 69 Key Information – Cisco Systems, Inc.
TABLE 70 Key information – IBM Corporation
TABLE 71 Key Information – Huawei Technologies Co., Ltd.
TABLE 72 Key Information – Google LLC
TABLE 73 key information – Microsoft Corporation
TABLE 74 Key Information – Fujitsu Limited
TABLE 75 Key Information – Dell Technologies, Inc.
TABLE 76 Key Information – Intel Corporation
TABLE 77 Key Information – Amazon Web Services, Inc.
TABLE 78 Key information – Arista Networks, Inc.
List of Figures
FIG 1 Methodology for the research
FIG 2 Europe Fog Networking Market, 2019 - 2030, USD Thousands
FIG 3 Key Factors Impacting the Fog Networking Market
FIG 4 Porter’s Five Forces Analysis - Fog Networking Market
FIG 5 Europe Fog Networking Market share by Application, 2022
FIG 6 Europe Fog Networking Market share by Application, 2030
FIG 7 Europe Fog Networking Market by Application, 2019 - 2030, USD Thousands
FIG 8 Europe Fog Networking Market share by Component, 2022
FIG 9 Europe Fog Networking Market share by Component, 2030
FIG 10 Europe Fog Networking Market by Component, 2019 - 2030, USD Thousands
FIG 11 Europe Fog Networking Market share by Country, 2022
FIG 12 Europe Fog Networking Market share by Country, 2030
FIG 13 Europe Fog Networking Market by Country, 2019 - 2030, USD Thousands
FIG 14 SWOT Analysis: Cisco Systems, Inc.
FIG 15 Swot Analysis: IBM Corporation
FIG 16 Swot Analysis: Huawei Investment & Holding Co., Ltd
FIG 17 Recent strategies and developments: Google LLC
FIG 18 SWOT Analysis: Google LLC. (Alphabet Inc)
FIG 19 Recent strategies and developments: Microsoft Corporation
FIG 20 SWOT Analysis: Microsoft Corporation
FIG 21 SWOT Analysis: Fujitsu Limited
FIG 22 SWOT Analysis: Dell Technologies, Inc.
FIG 23 SWOT Analysis: Intel corporation
FIG 24 SWOT analysis: Amazon.com, Inc.
FIG 25 SWOT analysis: Arista Networks, Inc.