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Edge Computing Market to Be Worth $169.3 Billion by 2031 – Exclusive Report by Meticulous Research®

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REDDING, Calif., July 24, 2024 /PRNewswire/ — According to a new market research report titled, ‘Edge Computing Market by Component (Hardware, Platforms, Services), Application (Smart Cities, Industrial IoT, AR/VR, Other), End-use Industry (Energy & Utilities, Manufacturing, Retail, Other), and Geography – Global Forecast to 2031,’ the edge computing market is projected to reach $169.3 billion by 2031, at a CAGR of 37.4% from 2024 to 2031.

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Edge computing refers to managing data at the network’s edge, where it is generated, rather than processing it in a centralized data-processing warehouse. Edge computing is rapidly transforming the way data is handled, processed, and delivered from countless devices worldwide. The benefits of edge computing include reduced operating costs, minimized internet bandwidth usage, and enhanced performance. These advantages are expected to drive the growth of the edge computing market in the coming years.

The edge computing market is expected to witness significant growth in the upcoming years, driven by the rapid proliferation of intelligent IoT applications across various industries. The increase in data collected from IoT devices, coupled with the widespread availability of high-speed broadband networks and the advent of 5G technology, is fueling the demand for high-speed data processing.

The edge computing market is segmented by component (hardware, platforms, and services {training & support services and consulting services}), application (smart cities, industrial IoT, remote monitoring, content delivery, AR/VR, and other applications), end-use industry (manufacturing, retail, healthcare, media & entertainment, telecommunications, transportation & logistics, government & defense, energy & utilities, and other end-use industries), and geography. The study also evaluates industry competitors and analyzes the market at the regional and country levels.

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Based on component, the edge computing market is segmented into hardware, platforms, and services. In 2024, the hardware segment is expected to account for the largest share of over 52% of the edge computing market. The large market share of this segment is attributed to the increasing IoT deployments and market players’ increasing investments in edge computing infrastructure. For instance, in February 2023, bitsensing (South Korea) launched the 24GHz Traffic Insight Monitoring Sensor (TIMOS), powered by the NVIDIA Jetson platform, with AI edge computing to enable smart city environments by delivering accurate and reliable real-time detection on the road including traffic statistics, incidents, violations, and ETA.

Based on application, the edge computing market is segmented into smart cities, industrial IoT, remote monitoring, content delivery, AR/VR, and other applications. In 2024, the smart cities segment is expected to account for the largest share of over 22% of the edge computing market. The large market share of this segment is attributed to the increasing number of smart city projects worldwide and the rising adoption of smart technologies for urban management. Smart cities are increasingly incorporating edge computing strategies to mitigate the costs associated with transmitting extensive data and reduce bandwidth requirements.

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Based on end-use industry, the edge computing market is segmented into manufacturing, retail, healthcare, media & entertainment, telecommunications, transportation & logistics, government & defense, energy & utilities, and other end-use industries. In 2024, the energy & utilities segment is expected to account for the largest share of over 19% of the edge computing market. The large market share of this segment is attributed to the increasing initiatives undertaken by market players to implement edge computing for data processing in remote locations and the growing need to enhance production capabilities, streamline processes, improve sustainability, and extend the life of assets in the energy & utilities industry. For instance, in June 2023, Itron Inc. (U.S.) launched Edge Gateway, an edge-computing platform aimed at empowering utilities to achieve decarbonization and sustainability objectives while efficiently managing critical infrastructure.

Based on geography, the edge computing market is segmented into North America, Europe, Asia-Pacific, Latin America, and the Middle East & Africa. In 2024, North America is expected to account for the largest share of over 43% of the edge computing market. North America’s large share is attributed to the region’s well-established technological and educational infrastructure, high adoption of advanced technologies, and concentration of numerous established edge computing companies and start-ups. Furthermore, the adoption of edge computing solutions has been on the rise among North American enterprises seeking to enhance their IT infrastructure and harness the advantages of cutting-edge technologies, notably 5G and IoT.

The key players operating in the edge computing market are Amazon Web Services (U.S.), Microsoft Corporation (U.S.), Dell Technologies, Inc. (U.S.), Hewlett-Packard Enterprise Company (U.S.), General Electric Company (U.S.), Huawei Technologies Co., Ltd. (China), IBM Corporation (U.S.), Juniper Networks, Inc. (U.S.), Cisco Systems, Inc. (U.S.), FogHorn Systems, Inc. (U.S.), Google LLC (U.S.), Intel Corporation (U.S.), SAP SE (Germany), MachineShop, Inc. (U.S.), and Saguna Networks Ltd. (Israel).

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Scope of the Report:

Edge Computing Market Assessment—by Component

HardwarePlatformsServicesTraining & Support ServicesConsulting Services

Edge Computing Market Assessment—by Application

Smart CitiesIndustrial IoTAR/VRRemote MonitoringContent DeliveryOther Applications

Edge Computing Market Assessment—by End-use Industry                           

Energy & UtilitiesTransportation & LogisticsManufacturingHealthcareGovernment & DefenseRetailTelecommunicationsMedia & EntertainmentOther End-use Industries

Edge Computing Market Assessment—by Geography

North AmericaU.S.CanadaEuropeGermanyU.K.FranceItalySpainRest of EuropeAsia-PacificJapanChinaIndiaSouth KoreaAustralia & New ZealandRest of Asia-PacificLatin AmericaMiddle East & Africa

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About Meticulous Research®

Meticulous Research® was founded in 2010 and incorporated as Meticulous Market Research Pvt. Ltd. in 2013 as a private limited company under the Companies Act, 1956. Since its incorporation, the company has become the leading provider of premium market intelligence in North America, Europe, Asia-Pacific, Latin America, and the Middle East & Africa.

The name of our company defines our services, strengths, and values. Since the inception, we have only thrived to research, analyze, and present the critical market data with great attention to details. With the meticulous primary and secondary research techniques, we have built strong capabilities in data collection, interpretation, and analysis of data including qualitative and quantitative research with the finest team of analysts. We design our meticulously analyzed intelligent and value-driven syndicate market research reports, custom studies, quick turnaround research, and consulting solutions to address business challenges of sustainable growth.

Contact:

Mr. Khushal Bombe
Meticulous Market Research Inc.
1267 Willis St, Ste 200 Redding,
California, 96001, U.S.
USA: +1-646-781-8004
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Content Source: https://www.meticulousresearch.com/pressrelease/102/edge-computing-market-2031 

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62% of financial services professionals say an AI-generated error has reached a client

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New Macabacus report finds AI adoption has outpaced the guardrails needed to keep client-facing models and documents accurate.

NEW YORK, Sept. 10, 2026 /PRNewswire/ — Macabacus, the leading M365 productivity platform for finance and professional services teams, today released the report: GenAI for Financial Services: Velocity and Verification. The report finds that AI now sits at the core of model creation and client presentation development, but most firms lack the review and verification layer needed to catch AI-generated errors before they reach clients.

New Macabacus report finds AI adoption has outpaced the guardrails to keep client-facing models and documents accurate

Drawing on a survey of Macabacus’ 75,000 users and analysis of conversations with hundreds of clients and prospects, the report quantifies the gap between how fast AI is being adopted and how slowly firms are building guardrails to ensure their clients can trust their deal content.

“AI is now involved in the majority of models and documents that reach clients, with 87% of firms saying they use AI daily or weekly for this work,” said Paul Ross, Chief Marketing Officer, Macabacus. “Deal teams should not slow down their use of AI. They need guardrails that let them move faster while maintaining accuracy and their clients’ trust. That is what Macabacus is built for.”

Key findings include:

62% of respondents believe an AI-generated error has reached a client or internal decision-maker in the past 12 months, with 46% saying an error has “probably” landed in a deliverable without anyone catching it.87% use AI daily or weekly to generate financial models and client presentations, but only 23% have comprehensive guardrails (approved tools, accuracy checks, brand compliance, and review workflows) in place.AI has created a divergence in confidence at the review handoff stage for models and presentations: 43% of analysts and associates say AI has made them more confident in their work, while only 29% VPs, directors, and MDs state the same. That leadership group is also 6 points more likely to say AI has made them less confident.

Download the report here:  https://macabacus.com/lp/2026-ai-report

About Macabacus

Macabacus is the leading Microsoft-native productivity platform for finance and professional services teams. When a deal document has to be right, professionals use Macabacus. Trusted by 3,000 firms and 75,000 users across investment banking, private equity, asset management, consulting, advisory, and corporate finance, Macabacus helps users rapidly create and check financial models and deal documents. By combining powerful productivity tools with AI-powered review and automation, Macabacus enables organizations to execute with greater speed, accuracy, and confidence. Learn more at www.macabacus.com

Media Contact

Paul Ross

paul.ross@macabacus.com

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SOURCE Macabacus Inc.

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ChipMOS to Participate in UBS Taiwan Summit 2026

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HSINCHU, Sept. 10, 2026 /PRNewswire-FirstCall/ — ChipMOS TECHNOLOGIES INC. (“ChipMOS” or the “Company”) (Taiwan Stock Exchange: 8150 and Nasdaq: IMOS), an industry leading provider of outsourced semiconductor assembly and test services (“OSAT”), today announced that it will present to institutional investors at UBS Taiwan Summit 2026, at the W Taipei Hotel on September 15 and 16, 2026.

Management from the Company, including Jesse Huang, Senior Vice President of Strategy and Investor Relations, will discuss the Company’s recent financial results, business trends and growth opportunities. The Company’s investor presentation is available on the investor relations’ section of its website at www.chipmos.com.

About ChipMOS TECHNOLOGIES INC.:

ChipMOS TECHNOLOGIES INC. (“ChipMOS” or the “Company”) (Taiwan Stock Exchange: 8150 and Nasdaq: IMOS) (www.chipmos.com) is an industry leading provider of outsourced semiconductor assembly and test services. With advanced facilities in Hsinchu Science Park, Hsinchu Industrial Park and Southern Taiwan Science Park in Taiwan, ChipMOS is known for its track record of excellence and history of innovation. The Company provides end-to-end assembly and test services to leading fabless semiconductor companies, integrated device manufacturers and independent semiconductor foundries serving virtually all end markets worldwide.

Forward-Looking Statements:

This press release may contain certain forward-looking statements. These forward-looking statements may be identified by words such as ‘believes,’ ‘expects,’ ‘anticipates,’ ‘projects,’ ‘intends,’ ‘should,’ ‘seeks,’ ‘estimates,’ ‘future’ or similar expressions or by discussion of, among other things, strategies, goals, plans or intentions. These statements may include financial projections and estimates and their underlying assumptions, statements regarding current macroeconomic conditions, including the impacts of high inflation, foreign exchange rates and risk of recession, on demand for our products, consumer confidence and financial markets generally; changes in trade regulations, policies, and agreements and the imposition of tariffs that affect our products or operations, including potential new tariffs that may be imposed and our ability to mitigate with respect to future operations, products and services, and statements regarding future performance. Actual results may differ materially in the future from those reflected in forward-looking statements contained in this document, based on a number of important factors and risks, which are more specifically identified in the Company’s most recent U.S. Securities and Exchange Commission (the “SEC”) filings. Further information regarding these risks, uncertainties and other factors are included in the Company’s most recent Annual Report on Form 20-F filed with the SEC and in its other filings with the SEC.

Contacts:

In Taiwan

Jesse Huang

ChipMOS TECHNOLOGIES INC.

+886-6-5052388 ext. 7715

IR@chipmos.com

In the U.S.

David Pasquale

Global IR Partners

+1-914-337-8801

dpasquale@globalirpartners.com

View original content:https://www.prnewswire.com/news-releases/chipmos-to-participate-in-ubs-taiwan-summit-2026-302873463.html

SOURCE ChipMOS TECHNOLOGIES INC.

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NGP VAN Overhauls Bulk Upload, Making a Critical Campaign Workflow Faster and Easier

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New experience catches errors before imports begin and reduces the manual work required to bring data into NGP VAN

WASHINGTON, Sept. 10, 2026 /PRNewswire/ — NGP VAN, the leading technology provider for Democratic and progressive campaigns, today announced major improvements to Bulk Upload, making one of the platform’s most frequently used workflows faster, more intuitive, and less prone to errors.

The improved Bulk Upload experience addresses longstanding pain points for campaign staff and data managers. The new workflow automatically detects the file type, identifies formatting and matching issues before an import runs, and intelligently maps spreadsheet columns to the appropriate fields in NGP VAN.

“Bulk upload is something we do constantly, and the struggle has always been real,” said Laurie Van Hall, Partner at Bee Compliance. “Smarter column mapping and catching errors up front before the import runs is the kind of upgrade that actually changes how a day goes. Really glad to see NGP VAN tackling this one.”

The improvements arrive as campaigns and organizations head into the busiest stretch of the election cycle, when the volume and urgency of critical data moving into NGP and VAN peaks. By surfacing potential issues before an import begins and reducing repetitive manual mapping, the redesigned workflow helps users spend less time troubleshooting uploads and more time acting on their data.

“The new Bulk Upload workflow lowers the learning curve for new NGP VAN users,” said Candy Emmons, Executive Director of the Democratic Party of Oregon. “With new people joining our team throughout the cycle, making these tools more intuitive helps staff become confident, independent users much more quickly.”

The updated experience includes:

Automatic file-type detection that eliminates the need for users to manually identify the data type they’re importing.Pre-validation checks that surface formatting and matching issues before an import runs.Improved column mapping that automatically matches spreadsheet columns to NGP VAN fields and reduces repetitive setup.A redesigned upload experience, with streamlined opening steps, a cleaner mapping screen, and a refreshed status page built on a modernized foundation.

“We’re hyperfocused on our users and how we can make their jobs easier every single day. Nearly every user I’ve spoken with has had something to say about Bulk Upload – and rarely was it good,” said Francis Brown, Senior Product Manager at NGP VAN. “We listened, pulled together a team, and went after the things that were creating the most frustration. This is exactly the kind of investment we want to make in the core NGP VAN experience – improving the workflows our users rely on every day. The response from beta testers has been incredibly encouraging, and I’m excited for users to get their hands on the new experience. “

The improved Bulk Upload experience does not change existing upload specifications, data models, field mappings, access permissions, or supported file formats. It will be optional at launch, and the existing Bulk Upload workflow will remain available.

About NGP VAN
NGP VAN is the winningest technology platform in the history of democratic and progressive causes, working tirelessly to innovate and advance the technology our clients rely on to bolster our democracy. A proud unionized employer, we help power the trailblazers, campaigners, and advocates fighting up and down the ticket for equality, racial justice, reproductive freedom, democracy, climate reform, and more—including the national Democratic committees and progressive organizations, thousands of Democratic campaigns, hundreds of labor unions, advocacy organizations, progressive and non-partisan PACs, and other organizations.

Press Contact:
Simone Hassan-Bey
NGP VAN
press@ngpvan.com

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SOURCE NGP VAN

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