Fog

The fog computing market opportunity will exceed $18 billion (€15.48 billion) worldwide by the year 2022, according to a new report by 451 Research. Commissioned by the OpenFog Consortium, the Size and Impact of Fog Computing Market projects that the largest markets for fog computing will be, in order, energy/utilities, transportation, healthcare and the industrial

The decade of fog computing has begun. Ushered in by a specific set of high-velocity digital business problems and growth opportunities, fog computing is rapidly gaining traction.

In today’s market, segments of the broader IoT ecosystem have been under-served, especially small-to-medium businesses (SMBs) and mid-sized cities. However, this oversight will change over the next several years as these entities seek to embrace the efficiencies and cost reductions that enterprises and government agencies are achieving through IoT implementations.