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Global Edge Data Centers (Metro, Mobile) Business Research Report 2024: Low-latency Processing and Real-time Automated Decision-making Solutions Fueling Demand – Forecasts to 2030

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DUBLIN, Feb. 28, 2024 /PRNewswire/ — The “Edge Data Centers Market by Type (Metro, Mobile), Component, Deployment, Organization, Application (AI, IoT, 5G & 4G, AR/VR), End-use Sector (IT & Telecommunication, Automotive, Transportation & Logistics), and Geography – Global Forecast to 2030” report has been added to  ResearchAndMarkets.com’s offering.

The global edge data centers market is expected to reach $46.4 billion by 2030, growing at a CAGR of 20.9% during the forecast period of 2023-2030.

The research report provides in-depth analysis of edge data centers market across five major geographies and emphasizes on the current market trends, market sizes, market shares, recent developments, and forecasts till 2030.

The growth of the edge data centers market is mainly attributed to the increasing need for edge data centers for industrial IoT applications, the growing demand for low-latency processing and real-time automated decision-making solutions, and the increasing utilization of edge data centers in online video streaming. The high upfront capital expenditure required to implement edge data centers restrains the growth of this market.

Asia-Pacific is expected to account for the largest share of the edge data centers market, followed by North America, Europe, Latin America, and the Middle East & Africa. The Asia-Pacific region is projected to register the highest CAGR during the forecast period. The major factors driving the market’s growth are the rising adoption of advanced technologies, such as IoT and cloud computing, increasing demand for low-latency applications, the need to alleviate network congestion, improve overall network efficiency, and the increasing need for real-time analytics.

Additionally, the emergence of autonomous vehicles and the commercialization of 4G technology are expected to generate growth opportunities for the players in this market. Data privacy and security concerns are a major challenge for market growth. Furthermore, the rising adoption of IoT devices across industries and the growth in 5G networks are prominent trends in the edge data centers market.

Based on type, the global edge data centers market is broadly segmented into metro edge data centers and mobile edge data centers.

In 2023, the metro edge data centers segment accounted for the larger share of the global edge data centers market. The large share of this segment is mainly attributed to the growing deployment of 5G networks, increasing data traffic, and the need to provide localized cloud computing resources for businesses and organizations. However, the mobile edge data centers segment is projected to grow at the highest CAGR during the forecast period.

Based on component, the global edge data centers market is segmented into hardware, software, and services.

In 2023, the software accounted for the largest share of the global edge data centers market. The large share of this segment is mainly attributed to the increasing demand for workload orchestration, resource allocation, real-time data analysis, and rising demand for ultra-low latency applications. This segment is projected to record the highest CAGR during the forecast period.

Based on deployment mode, the global edge data centers market is segmented into on-premise deployments and cloud-based deployments.

In 2023, the cloud-based deployments segment accounted for the larger share of the global edge data centers market. This segment is projected to record the highest CAGR during the forecast period. The segment’s large share can be attributed to the increasing need to efficiently allocate resources, rapidly deploy applications and services closer to end users, and reduce latency while improving performance. This segment is projected to record the highest CAGR during the forecast period.

Based on organization size, the global edge data centers market is segmented into large enterprises and small & medium-sized enterprises.

In 2023, the small & medium-sized enterprise segment accounted for the larger share of the global edge data centers market. This segment is projected to record the highest CAGR during the forecast period. The segment’s large share can be attributed to the increasing demand for real-time processing and localized data management, enabling a competitive edge, optimizing operations, and accelerating the digital transformation journey.

Based on application, the global edge data centers market is segmented into artificial intelligence, Internet of things, AR/VR, telemedicine, 5G & 4G infrastructure, autonomous vehicles, video/live streaming, network functions virtualization, and other applications.

In 2023, the 5G and 4G infrastructure segments accounted for the largest share of the global edge data centers market. The large market share of this segment is mainly attributed to the rising demand for ultra-low latency applications, growing adoption of 5G networks, and growing adoption of edge data centers for high bandwidth in 5G infrastructure. However, the artificial intelligence segment is projected to record the highest CAGR during the forecast period.

Based on end-use sector, the global edge data centers market is segmented into IT & telecommunications, automotive, transportation & logistics, healthcare, energy & utilities, manufacturing, government & defense, retail, and other end-use sectors.

In 2023, the IT & telecommunications segment is expected to account for the largest share of the global edge data centers market. The large share of this segment is mainly attributed to the increasing demand for low-latency and high-bandwidth communication, real-time data processing, and the need to reduce the risk of data breaches during transmission while ensuring compliance with data protection regulations in the sector. This segment is projected to record the highest CAGR during the forecast period.

Key questions answered in the report:

Which are the high-growth market segments in terms of type, component, deployment mode, organization size, application, and end-use sector?What is the historical market for edge data centers across the globe?What are the market forecasts and estimates from 2023-2030?What are the major drivers, restraints, and opportunities in the global edge data centers market?Who are the major players in the global edge data centers market, and what shares of the market do they hold?Who are the major players in various countries, and what shares of the market do they hold?How is the competitive analysis?What are the recent developments in the global edge data centers market?What strategies are adopted by the major players in the global edge data centers market?What are the geographical trends and high-growth countries?Who are the local emerging players in the global edge data centers market, and how do they compete with the other players?

Market Insights

Factors Affecting Market Growth

Impact Analysis of Market DynamicsRising Need for Efficient Data Collection and ManagementIncreasing Demand For Low-latency Processing and Real-time Automated Decision-making SolutionsGrowth in Online Video Streaming Driving the Utilization of Edge Data CentersHigh Costs of Implementing Edge Data Centers Limiting Adoption among Small & Medium-sized EnterprisesEmergence of Autonomous Vehicles Driving theUse of Edge Data Centers for Low-latency Inter-vehicle CommunicationsCommercialization of 4G Technology Creating Market Growth OpportunitiesData Privacy & Security Concerns to Remain Major Challenges In the Utilization of Edge Data CentersRising Adoption of IoT Devices Across IndustriesGrowth in 5G Networks

Porter’s Five Forces Analysis

Comparison Between Traditional Data Centers And Edge Data Centers

Companies Featured

Dell Technologies Inc. (U.S.)Cisco Systems Inc. (U.S.)Eaton Corporation plc (Ireland)Fujitsu Limited (Japan)Schneider Electric SE (France)Hewlett Packard Enterprise Company (U.S.)Huawei Technologies Co. Ltd. (China)IBM Corporation (U.S.)NVIDIA Corporation (U.S.)Mitsubishi Electric Corporation (Japan)Equinix Inc (U.S.)American Tower Corporation (U.S.)Cyxtera Technologies Inc. (U.S.)ABB (Switzerland)Nxtra Data Limited (India) (a subsidiary of Bharti Airtel Limited)Zenlayer Inc. (U.S.)Switch Inc. (U.S.)Vertiv Group Corporation(U.S.)Nokia Corporation (Finland)EdgeConneX Inc. (U.S.)Reichle & De-Massari AG (Switzerland)Ubiquity Management LLC (U.S.)Vapor IO Inc. (U.S.).

For more information about this report visit https://www.researchandmarkets.com/r/4g5now

About ResearchAndMarkets.com
ResearchAndMarkets.com is the world’s leading source for international market research reports and market data. We provide you with the latest data on international and regional markets, key industries, the top companies, new products and the latest trends.

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BCE reports results of Series S and T preferred share conversions

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October 19, 2026

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MONTRÉAL, Oct. 19, 2026 /CNW/ — BCE Inc. (TSX: BCE) (NYSE: BCE) today announced that 400 of its 4,798,333 fixed-rate Cumulative Redeemable First Preferred Shares, Series T (“Series T Preferred Shares”) have been tendered for conversion on November 2, 2026, on a one-for-one basis, into floating-rate Cumulative Redeemable First Preferred Shares, Series S (“Series S Preferred Shares”). In addition, 676,765 of its 1,866,877 Series S Preferred Shares have been tendered for conversion on November 2, 2026, on a one-for-one basis, into Series T Preferred Shares. Consequently, on November 2, 2026, BCE will have 5,474,698 Series T Preferred Shares and 1,190,512 Series S Preferred Shares issued and outstanding. The Series T Preferred Shares and the Series S Preferred Shares will continue to be listed on the Toronto Stock Exchange under the symbols BCE.PR.T and BCE.PR.S, respectively.

The Series T Preferred Shares will pay on a quarterly basis, for the five-year period beginning on November 2, 2026, as and when declared by the Board of Directors of BCE, a fixed cash dividend based on an annual fixed dividend rate of 5.523%.

The Series S Preferred Shares will continue to pay a monthly floating adjustable cash dividend for the five-year period beginning on November 2, 2026, as and when declared by the Board of Directors of BCE. The monthly floating adjustable dividend for any particular month will continue to be calculated based on the prime rate for such month and using the Designated Percentage for such month representing the sum of an adjustment factor (based on the market price of the Series S Preferred Shares in the preceding month) and the Designated Percentage for the preceding month.

About BCE
BCE is Canada’s largest communications company1, leading the way in advanced fibre and wireless networks, enterprise services and digital media. By delivering next-generation technology that leverages cloud-based and AI-driven solutions, we’re keeping customers connected, informed and entertained while enabling businesses to compete on the world stage. To learn more, please visit Bell.ca or BCE.ca.

1 Based on total revenue and total combined customer connections.

Media inquiries:
Ellen Murphy
media@bell.ca

Investor inquiries:
Krishna Somers
krishna.somers@bell.ca

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SOURCE BCE Inc.

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3M announces collaboration with GSEO to advance Expanded Beam Optical manufacturing and development

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October 19, 2026

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ST. PAUL, Minn., Oct. 19, 2026 /PRNewswire/ — 3M (NYSE: MMM) today announced a collaboration with Genius Electronic Optical Co., Ltd. (GSEO, Taiwan: 3406), an optical technology company, to advance technology development and manufacturing for 3M’s Expanded Beam Optical (EBO) solutions. In support of these efforts, 3M expects to make a strategic investment to acquire approximately 4.7% of GSEO’s common shares as part of the company’s private placement of newly issued shares, subject to customary closing conditions.

The collaboration brings together 3M’s EBO technology leadership, optical interconnect expertise, materials science, manufacturing scale and customer relationships with GSEO’s precision optics manufacturing capabilities and production scale. Together, the companies aim to support EBO commercialization and long-term capacity expansion to meet growing demand from hyperscale data centers and other advanced connectivity applications.

“3M is investing in capabilities and partnerships that can accelerate innovation for our customers,” said William Brown, 3M Chairman and CEO. “By selecting GSEO as a manufacturing partner and investing in the company, we are strengthening the path to scale next-generation optical connectivity solutions for high-performance data center infrastructure.”

GSEO’s existing precision optics manufacturing capabilities and technical development experience are expected to support manufacturing readiness for 3M’s EBO ferrules, co-packaged optics solutions and related optical interconnect applications. The collaboration is part of 3M’s broader EBO ecosystem strategy, which includes continued work with customers and partners across the optical interconnect market.

“GSEO is pleased to expand its relationship with 3M as we work together to advance optical interconnect solutions for next-generation data center infrastructure,” said Micro Kuo, GSEO CEO and President. “This collaboration brings together complementary technology and manufacturing strengths to support continued innovation and help meet the performance demands of high-growth connectivity markets.”

3M expects the strategic investment to close in the fourth quarter of 2026, subject to customary closing conditions.

Forward-Looking Statements
Certain statements in this release are considered “forward-looking statements” under the federal securities laws, including the Private Securities Litigation Reform Act of 1995, as amended, and are intended to enjoy the protection of those laws. Forward-looking statements may appear throughout this release and are typically identified by the words “aim,” “anticipate,” “believe,” “can,” “continue,” “could,” “estimate,” “evaluate,” “expect,” “forecast,” “future,” “goal,” “guidance,” “impact,” “initial,” “intend,” “likely,” “may,” “outlook,” “plan,” “possible,” “potential,” “predict,” “probable,” “project,” “seek,” “should,” “strategy,” “target,” “will,” “would,” and other words that are similar to, or have the opposite meanings of, those words. Forward-looking statements speak only as of the date they are made, 3M assumes no duty to update those statements, and readers are cautioned not to place undue reliance on any of those statements. Forward-looking statements are based on certain assumptions and expectations of future events and trends that are subject to risks and uncertainties, including those described in Part I, Item 1A, “Risk Factors” of 3M’s Form 10-K for the year ended December 31, 2025.

About 3M
3M (NYSE: MMM) is focused on transforming industries around the world by applying science and creating innovative, customer-focused solutions. Our multi-disciplinary team is working to solve tough customer problems by leveraging diverse technology platforms, differentiated capabilities, global footprint, and operational excellence. Discover how 3M is shaping the future at 3M.com/news.

Contacts
3M
Investor Contact:
Diane Farrow, 612-202-2449
Media Contact:
3MNews@mmm.com 

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Scott Vicknair Personal Injury Lawyers Announces Second Annual Operation Fur-Ever Home Pet Adoption Event at Lafreniere Park

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October 19, 2026

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NEW ORLEANS, Oct. 19, 2026 /PRNewswire/ — Scott Vicknair Personal Injury Lawyers is excited to announce the return of its second annual Operation Fur-Ever Home, a free community pet adoption event taking place on Saturday, November 14, 2026, from 9:00 a.m. to 11:00 a.m. at Lafreniere Park in Metairie, Louisiana.

The free, family-friendly event will give attendees the opportunity to meet adoptable pets from local animal shelters, learn about responsible pet ownership, and potentially welcome a new furry companion into their homes. Those who preregister for the event will also be entered for a chance to win a Soundcore speaker and a free pet adoption.

“Last year’s event was everything we hoped it would be, and we are incredibly excited to bring Operation Fur-Ever Home back for a second year,” said David Vicknair, founding partner of Scott Vicknair Personal Injury Lawyers. “There is something special about watching a family meet a pet that could become part of their lives for years to come. We wanted to create another opportunity to make those connections while supporting the organizations that work tirelessly to care for animals in our community.”

Building on the success of the first event, this year’s event continues the firm’s commitment to supporting local animal shelters and creating meaningful opportunities for families throughout Southeast Louisiana.

“Giving back to our community has always been an important part of who we are as a firm,” said Vicknair. “Whether we are helping students prepare for school, recognizing deserving teachers, or supporting local animal shelters, our goal is to make a positive difference in the communities we serve.”

Operation Fur-Ever Home is free and open to the public. Families, animal lovers, and anyone interested in adopting a pet are encouraged to attend and preregister.

About Scott Vicknair Personal Injury Lawyers

Scott Vicknair Personal Injury Lawyers is a New Orleans-based personal injury firm committed to providing exceptional legal representation while also investing in the communities it serves. Their experienced team of dedicated attorneys specializes in car accidents, personal injury, and wrongful death cases in New Orleans. With diverse personal and professional backgrounds, they craft legal strategies tailored to each client’s specific case and needs.

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