Technology

Edge Data Center Market to Expand by USD 22.11 Billion (2024-2028), Rising Video Streaming Demand Fuels Growth, Report Highlights AI’s Market Impact – Technavio

Published

1 year ago

November 28, 2024

NEW YORK, Nov. 28, 2024 /PRNewswire/ — Report on how AI is redefining market landscape – The global edge data center market size is estimated to grow by USD 22.11 billion from 2024-2028, according to Technavio. The market is estimated to grow at a CAGR of almost 23.57% during the forecast period. Rising demand for video streaming services is driving market growth, with a trend towards implementation of ai in data centers. However, monitoring edge data center equipment across multiple locations poses a challenge. Key market players include 365 Data Centers, Compass Datacenters LLC, DC BLOX Inc., Dell Technologies Inc., Digital Realty Trust Inc., Eaton Corp. Plc, EdgeConneX Inc., Equinix Inc., Flexential Corp., Friedhelm Loh Stiftung and Co. KG, Fujitsu Ltd., Hewlett Packard Enterprise Co., Hitachi Ltd., Huawei Technologies Co. Ltd., International Business Machines Corp., Johnson Controls International Plc, Panduit Corp., Schneider Electric SE, Vapor IO Inc., and Vertiv Holdings Co..

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Forecast period

2024-2028

Base Year

2023

Historic Data

2018 – 2022

Segment Covered

End-user (IT and telecommunication, Manufacturing and automotive, BFSI, Healthcare and life sciences, and Others), Component (IT infrastructure, General construction, Power management systems, Cooling systems, and Others), and Geography (North America, APAC, Europe, South America, and Middle East and Africa)

Region Covered

North America, APAC, Europe, South America, and Middle East and Africa

Key companies profiled

365 Data Centers, Compass Datacenters LLC, DC BLOX Inc., Dell Technologies Inc., Digital Realty Trust Inc., Eaton Corp. Plc, EdgeConneX Inc., Equinix Inc., Flexential Corp., Friedhelm Loh Stiftung and Co. KG, Fujitsu Ltd., Hewlett Packard Enterprise Co., Hitachi Ltd., Huawei Technologies Co. Ltd., International Business Machines Corp., Johnson Controls International Plc, Panduit Corp., Schneider Electric SE, Vapor IO Inc., and Vertiv Holdings Co.

Key Market Trends Fueling Growth

Edge data centers are gaining popularity in today’s digital world, particularly in industries that require real-time data processing and low latency. Trends like Big Data, Artificial Intelligence, Cloud, Streaming services, and 5G are driving the need for edge computing. Edge data centers help businesses process data closer to the source, improving application performance, network traffic management, and business agility. Industries like E-commerce platforms, Walmart, and the logistics industry are adopting edge data centers for data processing and industrial automation. Edge data centers are also essential for industries with remote sites, such as branch offices, production floors, and oil rigs. Edge data centers are crucial for industries with high network traffic, like AI applications, machine learning, natural language processing, and video streaming. Dell Technologies, Equinix Inc, EdgeConneX Inc, and vXchnge are leading providers of edge data center components, services, IT racks & enclosures, DCIM software, data center analytics, professional services, and managed services. Edge data centers help businesses in the IT & telecom industry, BFSI industry, Government industry, Healthcare & life science, and Retail & E-commerce industries to operate more efficiently. Edge data centers also help improve the streaming experience for gaming & entertainment applications. Despite their benefits, edge data centers face challenges such as dust, heat, and vibration. Remote operations and managing components in edge data centers require specialized skills and services. However, the benefits of edge computing far outweigh the challenges.

Edge data centers are enhancing energy efficiency through the implementation of Artificial Intelligence (AI). AI technology enables faster decision-making and optimization of server, power, and cooling systems. Edge data center service providers use AI in automation software to eliminate human intervention, leading to energy savings. Additionally, AI facilitates effective cooling control, allowing for optimal power usage in the overall data center process. By utilizing AI, edge data centers can improve performance, reduce costs, and ensure efficient operations.

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Market Challenges

Edge data centers are becoming essential for businesses as they deal with increasing demands for ‘big data’, ‘artificial intelligence’, and ‘cloud’ services from ‘streaming services’, ‘5G’, and ‘e-commerce platforms’. Challenges include managing ‘real-time data analysis’, ‘network traffic’, and ‘application performance’ at the edge. ‘Dell Technologies’ and other providers offer ‘components’ and ‘services’ for edge data centers, addressing issues like ‘operating costs’, ‘latency’, and ‘performance’. Industries like logistics, ‘industrial automation’, and ‘autonomous automobiles’ benefit from edge data centers for ‘data processing’ and ‘remote operations’. Edge data center providers like Equinix Inc, EdgeConneX Inc, and vXchnge offer ‘modular data centers’ and ‘professional services’ to meet the needs of various industries, including IT & telecom, BFSI, government, healthcare & life science, and retail & e-commerce. However, edge data centers also face challenges such as ‘dust’, ‘heat’, and ‘vibration’ management. Companies like Walmart and Dell Technologies are investing in edge data centers for ‘business agility’ and improved ‘streaming experience’.Managing edge data centers presents unique challenges due to the decentralized nature of these facilities, which often have their own power and cooling systems. Keeping track of inventory across multiple edge sites requires real-time monitoring of cabinet equipment, including servers, networking devices, power distribution units (PDUs), and patch panels, as well as infrastructure devices and structured cabling. To address this challenge, end-users need a dashboard that displays real-time power and environmental status of their edge data centers on a single screen. This information enables administrators to identify potential issues such as hot spot formation, power capacity limitations, and loss of redundancy, allowing for proactive intervention. Effectively managing IT equipment from the core to the edge data center necessitates a team of Network Operations Center (NOC) technicians and experts.

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Segment Overview

This edge data center market report extensively covers market segmentation by

End-user 1.1 IT and telecommunication1.2 Manufacturing and automotive1.3 BFSI1.4 Healthcare and life sciences1.5 OthersComponent 2.1 IT infrastructure2.2 General construction2.3 Power management systems2.4 Cooling systems2.5 OthersGeography 3.1 North America3.2 APAC3.3 Europe3.4 South America3.5 Middle East and Africa

1.1 IT and telecommunication- The edge data center market for the BFSI sector refers to the implementation of edge data centers designed to address the unique needs and challenges of the financial services industry. Edge data centers are smaller-scale facilities situated near end-users, delivering fast, secure processing and high-performance computing capabilities at the network’s edge. In the BFSI sector, edge data centers are utilized for various applications and services, such as real-time transaction processing, ensuring minimal latency and enhancing customer experience. Compliance with regulations is another key benefit, as edge data centers can be strategically placed in different regions to adhere to local data storage and privacy regulations while maintaining data security. Additionally, edge data centers play a vital role in disaster recovery and business continuity, offering data replication and backup capabilities to ensure uninterrupted operations. Advanced AI-powered analytics are also supported by edge data centers, enabling real-time processing of vast amounts of data and delivering valuable insights for informed decision-making. The growing adoption of cloud computing, artificial intelligence, and the Internet of Things (IoT) in the BFSI sector is expected to fuel the demand for edge data centers, making them essential for supporting BFSI operations in the forecast period.

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Research Analysis

The Edge Data Center Market is experiencing significant growth due to the increasing demand for real-time data analysis, low latency, and improved application performance. Big data, artificial intelligence, cloud, streaming services, 5G, and the Internet of Things (IoT) are driving this trend, as businesses seek to gain insights from network traffic and optimize their operations. Edge data centers are ideal for processing data closer to the source, reducing the need for long-distance data transfer and improving business agility. Edge data centers are essential for various industries, including e-commerce platforms, Walmart, branch offices, production floors, remote sites, and industrial automation. They enable AI applications, machine learning, natural language processing, and video streaming, among others. However, edge data centers face unique challenges, such as managing dust, heat, and vibration in remote locations, and the need for remote operations. Dell Technologies and other key players are investing in edge infrastructure solutions to address these challenges and meet the evolving needs of businesses.

Market Research Overview

The Edge Data Center Market is experiencing significant growth due to the increasing demand for real-time data analysis and application performance in various industries. Big data, artificial intelligence, cloud, streaming services, 5G, and the Internet of Things (IoT) are driving this trend. Edge data centers are essential for businesses seeking to reduce latency, improve streaming experience, and enhance business agility. They are being deployed in diverse sectors such as e-commerce platforms, Walmart, branch offices, production floors, remote sites, and industrial automation. Edge data centers are also crucial for AI applications, machine learning, natural language processing, and video streaming in industries like logistics, autonomous automobiles, and gaming & entertainment. Dell Technologies, Equinix Inc, EdgeConneX Inc, and vXchnge are key players in this market. Edge data centers come with modular designs, components, and services including IT racks & enclosures, DCIM software, data center analytics, professional services, and managed services. Operating costs are a concern, but the benefits of improved performance and network traffic handling outweigh the expenses. The large facility segment, IT & telecom industry, BFSI industry, government industry, healthcare & life science, and retail & e-commerce are major consumers of edge data centers.

Table of Contents:

1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation

End-userIT And TelecommunicationManufacturing And AutomotiveBFSIHealthcare And Life SciencesOthersComponentIT InfrastructureGeneral ConstructionPower Management SystemsCooling SystemsOthersGeographyNorth AmericaAPACEuropeSouth AmericaMiddle East And Africa

7 Customer Landscape
8 Geographic Landscape
9 Drivers, Challenges, and Trends
10 Company Landscape
11 Company Analysis
12 Appendix

About Technavio

Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions.

With over 500 specialized analysts, Technavio’s report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

Contacts

Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
Email: media@technavio.com
Website: www.technavio.com/

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SOURCE Technavio

Technology

Haloid Solutions Expands Access to Radio Equipment by Offering Flexible Financing and Leasing Solutions Named HaloidFLEX

Published

1 hour ago

April 18, 2026

NEW YORK, April 18, 2026 /PRNewswire/ — As part of Haloid Solutions’ long-term commitment to helping businesses and municipalities acquire critical communications equipment despite budgetary constraints, Haloid now offers specialized financing and leasing programs through its HaloidFLEX program.

Designed to ensure that companies and governments have the equipment they need without costly capital expenditures outlays, HaloidFLEX offers financing for equipment purchased directly from manufacturers or local radio dealers. HaloidFLEX financing offers zero percent and low-interest options as well as predictable monthly payments for qualified buyers. HaloidFLEX clients can even opt to incorporate extended support services and protections into their financing to prepare for accidents, theft, or equipment losses. This gives companies peace of mind with one low monthly payment.

For organizations that don’t want or need to own equipment long-term, the HaloidFLEX leasing program offers similar benefits with potential tax advantages. Companies can lease brand new equipment and upgrade or return it at lease-end as needed. For companies seeking flexible options – or those that are interested in upgrading to the latest technology as it becomes available – leasing makes perfect sense.

One of the added benefits of each program is that HaloidFLEX allows clients to bundle services and protections that would normally be billed separately. Accidental damage, theft, and loss protections can be put in place, so that there’s never a lapse in communication if a radio fails. Extended warranties are also available upon request, so companies can customize their financing and protection to fit their budget and safeguard their equipment simultaneously.

According to a Haloid Solutions spokesperson, “Bundling expenses simply makes sense. It reduces the need for multiple policies and flexes with organizations to ensure critical communication equipment is available when needed while guaranteeing that the company’s investment is protected for the life of the equipment.”

HaloidFLEX financing and leasing programs are available to qualified businesses and municipalities nationwide. To learn more or request a customized quote, visit HaloidSolutions.com.

About Haloid Solutions

Haloid Solutions is the go-to resource for U.S. businesses and municipalities in search of financing and leasing for two-way radios, walkie talkies, communications equipment, accessories, and services. Focused on reliability, affordability, and performance, Haloid strives to equip professionals in all communication-based industries with the resources they need most.

For more information about Haloid Solutions, or details about the HaloidFLEX financing or leasing programs, please visit https://haloidsolutions.com/collections/lmr-radio-financing-and-leasing-and-subscription-low-cost-payment-options-for-2-way-radio-equipment or contact us on our website.

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SOURCE HALOID SOLUTIONS

Technology

CAS Holdings Appoints Patrick McDermott as Chief Executive Officer

Published

2 hours ago

April 18, 2026

Leadership Transition Positions CAS Holdings for Continued Growth and Customer-Focused Innovation

FRANKLIN, Mass., April 18, 2026 /PRNewswire/ — CAS Holdings, a leader in industrial automation distribution, engineering, and integration, is pleased to announce that Patrick McDermott has been named Chief Executive Officer.

McDermott previously served as President and Chief Revenue Officer, where he played a key role in driving growth across the organization, strengthening customer relationships, and leading teams with a clear focus on execution and results.

In his new role as CEO, McDermott will lead CAS Holdings into its next phase of growth, building on the company’s strong foundation and continued commitment to delivering value to customers, partners, and employees.

“I’m honored to step into the role of CEO at CAS Holdings,” said McDermott. “Over the past year, I’ve had the opportunity to work alongside an incredible team, support our customers, and help drive the growth of our organization. I’m excited to build on that momentum as we move into our next chapter.”

CAS Holdings, through its divisions including iAutomation and RND Automation, delivers a full spectrum of industrial automation solutions – from product distribution and technical support to custom machine building and system integration. Serving OEM machine builders and end-users, the company brings deep expertise in motion control, robotics, and vision, along with value-added capabilities such as kitting, sub-assembly, panel building, and turnkey automation systems, acting as an extension of its customers’ engineering and production teams.

McDermott’s leadership will focus on advancing CAS Holdings’ strategic initiatives, strengthening its market position, and continuing to deliver innovative automation solutions that support customers across a wide range of industries.

“We have a strong foundation, a talented team, and a clear direction. I’m looking forward to what we’ll accomplish together,” McDermott said. “Our focus remains on supporting our customers with responsive, local expertise, strong supplier partnerships, and the engineering and production capabilities they rely on to keep their operations running and growing.”

About Complete Automation Solutions Holdings

Complete Automation Solutions Holdings (CAS Holdings) is dedicated to empowering industrial automation companies, including those in the packaging industry, to achieve optimal efficiency and success. With a diverse portfolio encompassing industrial distribution, panel building and assembly, system integration, and robotics, CAS Holdings provides comprehensive packaging machines and solutions tailored to meet industry needs. The company prioritizes strong partnerships, expert engineering, and innovative solutions, ensuring sustainable practices and continuous improvement. CAS Holdings envisions a future where its transformative automation solutions redefine industry standards and drive growth. Committed to transparency and collaboration, CAS Holdings aims to be the most trusted partner in the automation sector.

Press Contact:

Erika Jacques
508-838-8012
http://www.iautomation.com/

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SOURCE CAS Holdings, Inc.

Technology

Vipboss Marks Earth Day with Renewed Commitment to Green Energy Solutions

Published

3 hours ago

April 18, 2026

NEW YORK, April 18, 2026 /PRNewswire/ — As Earth Day draws global attention to environmental responsibility, Vipboss, a specialist manufacturer and developer of lithium iron phosphate (LiFePO4) battery packs for energy storage and mobility applications, is underscoring its long‑term commitment to sustainable energy practices through its Environmental Advocacy. This advocacy is devoid of ornate language; its inspiration stems from the brand’s unwavering conviction in LiFePO4 batteries as a green energy solution. To align this message with practical action, the brand is also running a themed sales campaign on its official website during April 18th to 30th. It highlights how practical product solutions, rather than abstract concepts, can support cleaner energy use in everyday life.

Across the world, energy consumption patterns are undergoing rapid change. Households, outdoor users, and light‑mobility sectors are increasingly seeking energy systems that are safe, sustainable, and low‑emission. Within this shift, LiFePO4 batteries have emerged as a preferred technology for clean‑energy applications. Their long service life, high safety profile, and absence of cobalt, which is an element associated with higher environmental and ethical risks, position them as a responsible choice in the global transition toward greener power.

LiFePO4 technology forms the foundation of Vipboss’s approach to sustainable energy. Its extended cycle life reduces the frequency of battery replacement, lowering resource consumption and easing the environmental burden associated with disposal. The material’s inherent stability also minimizes the risk of thermal runaway, offering a safer experience in homes, recreational vehicles, and public environments. In practical use cases such as home backup systems, RV travel, and golf‑course operations, LiFePO4 batteries deliver efficient storage and stable output, helping reduce reliance on fossil‑fuel‑based energy sources and supporting lower‑carbon lifestyles.

Vipboss’s environmental advocacy extends beyond the technical advantages of its products. The brand promotes responsible energy use as an integral part of sustainable living, emphasizing that product design and informed application must work together to achieve meaningful environmental outcomes. As a provider of energy solutions for home, travel, and leisure scenarios, Vipboss continues to participate in the long‑term process of green transformation through ongoing technological refinement and product evolution.

Earth Day serves as a reminder that lasting environmental impact is built through small, consistent actions. Looking ahead, Vipboss will continue advancing safer, more durable, and more efficient energy products that support individuals and families in adopting more sustainable energy habits. Through these efforts, the brand aims to contribute enduring value to the wider adoption of clean energy and the collective pursuit of a more sustainable future.

About Vipboss

Vipboss is a specialist in the lithium battery industry, focusing on the research, production, and manufacturing of lithium iron phosphate (LiFePO4) battery packs. The company is committed to advancing battery technology with an emphasis on reliable performance, safety, and extended service life. Its mission is to deliver safe, efficient, and environmentally responsible energy solutions that contribute to a cleaner, more sustainable future.

For more information, please visit: https://vipbosspower.com/.

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SOURCE Vipboss