New IDC Spending Guide Forecasts Edge Computing Investments Will Reach $208 Billion In 2023
IDC, February 15th, 2023
Worldwide spending on edge computing is expected to be $208 billion in 2023, an increase of 13.1% over 2022. Enterprise and service provider spending on hardware, software, and services for edge solutions is forecast to sustain this pace of growth through 2026 when spending will reach nearly $317 billion
IDC defines edge as the technology-related actions that are performed outside of the centralized datacenter, where edge is the intermediary between the connected endpoints and the core IT environment. Characteristically, edge is distributed, software defined, and flexible. The value of edge is the movement of computing resources to the physical location where data is created, dramatically reducing time to value and the instant enablement of business processes, decisions, and intelligence outside of the core IT environment.