Blockchain Press Releases
Fog Networking Market to Reach $7.8 Billion, Globally, by 2032 at 43.5% CAGR: Allied Market Research
As IoT devices continue to proliferate across various industries such as manufacturing, healthcare, transportation, and smart cities, the need for efficient and localized data processing at the network edge becomes crucial. This scalability and edge computing capability make fog networking a significant driver for market growth in the evolving IoT landscape
PORTLAND, Ore., July 6, 2023 /PRNewswire/ — Allied Market Research published a report, titled, “Fog Networking Market by Component (Hardware, Software, and Service) Application (Building & Home Automation, Smart Manufacturing, Connected Healthcare, Smart Energy, Transportation & Logistics, and Others): Global Opportunity Analysis and Industry Forecast, 2022-2032″. According to the report, the global fog networking industry generated $218.46 million in 2022, and is anticipated to generate $7.8 billion by 2032, witnessing a CAGR of 43.5% from 2023 to 2032.
Prime Determinants of Growth
The global fog networking market is driven by several factors such as the exponential growth of data generated by IoT devices and edge computing applications. The need for real-time processing and low-latency communication fuels the demand for fog networking solutions. However, there are some restraints to consider. The complexity of deploying and managing a distributed fog network infrastructure can be a challenge for organizations. On the contrary, the fog networking market presents numerous opportunities. The rise of 5G networks and the need for ultra-low latency and high-bandwidth applications further accelerate the demand for fog computing solutions.
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Report Coverage & Details:
|
Report Coverage |
Details |
|
Forecast Period |
2023–2032 |
|
Base Year |
2022 |
|
Market Size in 2022 |
$218.46 Million |
|
Market Size in 2032 |
$7.8 Billion |
|
CAGR |
43.5 % |
|
No. of Pages in Report |
384 |
|
Segments covered |
Component, Application, and Region. |
|
Drivers |
Increase in Internet of Things (IoT) proliferation Edge computing infrastructure advancements |
|
Opportunities |
Integration with emerging technologies |
|
Restraints |
Infrastructure challenges Shortage of professionals and skill gap |
COVID-19 Scenario
- The COVID-19 pandemic had a mixed impact on the fog networking market. Fog networking, which involves distributing computing resources closer to the network edge, experienced both challenges and opportunities during this time. With the sudden surge in remote work and increased reliance on digital technologies, there was a heightened need for edge computing solutions to ensure low-latency data processing and improved network performance.
- As a result, the demand for fog networking solutions such as edge servers and edge computing platforms witnessed a significant boost. However, the pandemic also disrupted the global supply chains and led to uncertainties in the market, causing delays in deployment and hindering the growth of fog networking projects.
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The hardware segment to maintain its leadership status throughout the forecast period
Based on component, the hardware segment held the highest market share in 2022, accounting for more than half of the global fog networking market revenue. This can be attributed to the widespread adoption of fog networking devices and equipment such as routers, gateways, sensors, and edge servers. However, the software segment is projected to manifest the highest CAGR of 45.6% from 2023 to 2032. This is due to the fact that the software component forms the backbone of fog networking, enabling intelligent data processing, analytics, and decision-making at the edge of the network.
The smart manufacturing segment to maintain its leadership status throughout the forecast period
Based on application, the smart manufacturing segment held the highest market share in 2022, accounting for more than one-fourth of the global fog networking market revenue. This can be attributed to the increasing adoption of fog networking technologies in manufacturing processes to enhance productivity, optimize operations, and improve overall efficiency. However, the transportation and logistics segment is expected to witness the fastest CAGR of 48.5% from 2023 to 2032, and is likely to dominate the market during the forecast period. This is because the transportation and logistics industry is experiencing significant digital transformation and adopting fog networking solutions to optimize supply chain management, streamline logistics operations, and improve overall efficiency.
North America to maintain its dominance by 2032
Based on region, North America held the highest market share in terms of revenue in 2022, accounting for nearly two-fifths of the global fog networking market revenue. This is owing to the fact that the region boasts a technologically advanced ecosystem with a strong emphasis on innovation and early adoption of emerging technologies. However, the Asia-Pacific region is expected to witness the fastest CAGR of 46.9% from 2023 to 2032, and is likely to dominate the market during the forecast period, owing to the fact that the region is experiencing rapid economic growth, resulting in increased investments in digital transformation initiatives across various industries.
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Leading Market Players: –
- Arista Networks, Inc.
- Amazon Web Services, Inc.
- Cisco Systems, Inc.
- Dell Inc.
- Fujitsu
- Google Cloud Platform
- Huawei Technologies Co., Ltd.
- IBM Corporation
- Intel Corporation.
- Microsoft Corporation
The report provides a detailed analysis of these key players in the global fog networking market. These players have adopted different strategies such as expansion and product launches to increase their market share and maintain dominant shares in different regions. The report is valuable in highlighting business performance, operating segments, product portfolio, and strategic moves of market players to showcase the competitive scenario.
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Blockchain Press Releases
Opportunities in Volatility: Navigate Crypto Market Trends with KuCoin Trading Bots
VICTORIA, Seychelles, March 14, 2025 /PRNewswire/ — KuCoin, a global leading cryptocurrency exchange, is excited to announce the release of its latest market trend and trading bot strategies report for March 2025. This detailed production is designed to empower traders by enhancing their understanding of the crypto market and refining their trading techniques.
This new report is set to support both novice and experienced traders by providing them with a detailed historical analysis of Bitcoin’s performance over the past 13 years, diving into the long-term trends and cyclicality of the market, enabling traders to enhance their understanding of the market landscape.
To help everyone to better keep up with the dynamics of the market, the report features a calendar of key events in March that are expected to impact the crypto markets. This report serves as learning materials with the purpose of information sharing, users are welcome to leverage the detailed information provided in the report to personalize their own analysis and develop trading strategies that align with their individual trading habits and risk appetite.
This is a testament to KuCoin’s ongoing commitment to education and excellence in the crypto trading space. New users are also welcomed to join the latest Trading Bot Carnival to stand a chance of getting various types of rewards. Users are encouraged to read through risk warnings before proceeding to investing.
For a full report and access to the educational resources provided by KuCoin, please visit KuCoin Official Website.
About KuCoin
Founded in 2017, KuCoin is one of the pioneering and most globally recognized technology platforms supporting digital economies, built on a robust foundation of cutting-edge blockchain infrastructure, liquidity solutions, and an exceptional user experience. With a connected user base exceeding 40 million worldwide, KuCoin offers comprehensive digital asset solutions across wallets, trading, wealth management, payments, research, ventures, and AI-powered bots.
KuCoin has garnered accolades such as “Best Crypto Apps & Exchanges” by Forbes and has been recognized among the “Top 50 Global Unicorns” by Hurun in 2024. This recognition reflects its commitment to user-centric principles and core values, which include integrity, accountability, collaboration, and a relentless pursuit of excellence. Learn more: https://www.kucoin.com/.
Disclaimer: This content is provided for general informational purposes only, without any representation or warranty of any kind, nor shall it be construed as financial or investment advice. KuCoin shall not be liable for any errors or omissions or any outcomes resulting from the use of this information. Investments in digital assets can be risky. Please carefully evaluate the risks of a product and your risk tolerance based on your own financial circumstances.
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DUBAI, UAE, March 14, 2025 /PRNewswire/ — Bybit, the world’s second-largest cryptocurrency exchange by trading volume, has announced a new perk for MT5 users on Bybit in a zero-fee trading event, Indices Unleashed.
From today until April 12, 2025, Bybit traders can execute transactions on 18 prominent indice pairs without incurring trading fees. The offer applies automatically to derivatives linked to indices including the Dow Jones Index Cash CFD (DJ30), NAS100 Cash (NAS100), Hang Seng Index Cash CFD (HK50), S&P Index Cash CFD (SP500), GER40 Cash (GER40), US SMALL CAP 2000 – CASH (US2000), France 40 Index (FRA40), Nikkei Index Cash CFD (Nikkei225), UK 100 Cash (UK100), EUSTX50 Cash (EU50), ES35 Index Cash (ES35), Hang Seng Tech Index Case CFD (HKTECH), Bovespa Cash CFD (BVSPX), South Africa 40 – CASH (SA40), S&P/ASX 200 Index Cash CFD (SPI200), Singapore 20 Index Cash CFD (SGP20), and the Taiwan RIC Index Cash CFD (TWINDEX), all available on the Bybit Gold & Forex Trading platform.
Bybit Gold & FX Trading marks a significant milestone for Bybit as the first cryptocurrency exchange to achieve seamless MT5 integration. This groundbreaking advancement provides users with access to a diverse range of financial instruments, including forex, gold, and other commodities, alongside traditional crypto offerings. With MT5’s sophisticated charting tools, automated trading capabilities, and intuitive interface, Bybit Gold & FX Trading enhances the trading experience for both seasoned professionals and those new to the markets, setting a new benchmark within the digital asset trading landscape.
“Whatever the market conditions, broader access and powerful, intelligent tools are a trader’s best friend. We’re offering free access to indices trading via MT5 on Bybit for a limited time to allow users to experience the platform and find their trading rhythm in a dynamic market,” said Joan Han, Sales and Marketing Director of Bybit.
To find out more about the event and its terms and conditions, users may visit: Bybit Indices Unleashed – Trade for Free
#Bybit #TheCryptoArk
About Bybit
Bybit is the world’s second-largest cryptocurrency exchange by trading volume, serving a global community of over 60 million users. Founded in 2018, Bybit is redefining openness in the decentralized world by creating a simpler, open and equal ecosystem for everyone. With a strong focus on Web3, Bybit partners strategically with leading blockchain protocols to provide robust infrastructure and drive on-chain innovation. Renowned for its secure custody, diverse marketplaces, intuitive user experience, and advanced blockchain tools, Bybit bridges the gap between TradFi and DeFi, empowering builders, creators, and enthusiasts to unlock the full potential of Web3. Discover the future of decentralized finance at Bybit.com.
For more details about Bybit, please visit Bybit Press
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Blockchain Press Releases
MEXC Lists AO (AO), Expanding Support for Decentralized Computing and AI Innovation with a 140,000 USDT Prize Pool
VICTORIA, Seychelles, March 14, 2025 /PRNewswire/ — MEXC, a leading global cryptocurrency trading platform, announces the listing of AO (AO) on both spot and futures markets, scheduled for March 14, 2025, at 06:00 (UTC). To mark the occasion, MEXC is launching an Airdrop+ rewards event with a 140,000 USDT prize pool, providing users with multiple opportunities to engage with AO and explore its potential within the decentralized computing space.
Unleashing AO: MEXC Supports the Future of Decentralized Computing and AI Agents
AO is a decentralized ultra-parallel computing network that expands on-chain computation while ensuring all operations remain verifiable and permanently recorded. Built on Arweave’s permanent storage, AO features an actor-oriented architecture, where modular programs (actors) operate independently, select their own virtual machines (VMs), consensus mechanisms, and payment models, and communicate through a standardized messaging layer. With self-triggering execution and autonomous agent capabilities, AO enables efficient DeFi strategies, automated DEX trading, and AI-driven applications, unlocking a new era of decentralized computing.
By listing AO, MEXC reinforces its commitment to supporting cutting-edge innovations at the intersection of AI, blockchain infrastructure, and decentralized computing. As demand for on-chain processing and AI-powered applications grows, MEXC provides AO with critical market access, deep liquidity, and an engaged global user base to accelerate its adoption and utility. Beyond just a listing, MEXC plays a crucial role in fostering the adoption and development of innovative blockchain projects across AI and DePIN. With a strong trading community, strategic marketing initiatives, and a track record of launching high-potential assets, MEXC provides projects like AO with the tools to gain visibility and traction within the crypto ecosystem. Through this listing, MEXC continues to connect users with the latest blockchain advancements, ensuring accessibility to next-generation decentralized infrastructure.
Celebrate AO’s Listing with a 140,000 USDT Prize Pool
MEXC, known for quickly listing trending tokens, expands its offerings with AO (AO). The AO/USDT trading market officially launched in the Innovation Zone on March 14, 2025, at 06:00 (UTC), followed by the introduction of the AO USDT perpetual futures at 06:10 (UTC), offering adjustable leverage from 1x to 50x with both cross and isolated margin modes.
To celebrate the listing of AO (AO) on MEXC Spot and Futures, MEXC is launching a series of exclusive events from March 13, 2025, at 12:00 (UTC) – March 23, 2025, at 10:00 (UTC), giving both new and existing users the opportunity to earn USDT bonuses and other rewards while engaging with the AO ecosystem.
- Event 1: Deposit to Share 72,000 USDT (New User Exclusive)
New users who trade AO spot (≥ $100) or futures (≥ $500) can earn a 30 USDT bonus, with a total of 72,000 USDT up for grabs.
- Event 2: Futures Challenge — Trade to Share 50,000 USDT in Futures Bonuses (Open to All Users)
Each user can receive up to 5,000 USDT in Futures bonuses.
- Event 3: Invite New Users & Share 18,000 USDT (Open to All Users)
- Event 4: Spread the Word and Win Rewards
Your Easiest Way to Trending Tokens
MEXC aims to become the go-to platform offering the widest range of valuable crypto assets. The platform has grown its user base to 34 million by offering a diverse selection of tokens, high-frequency airdrops, competitive fees, and comprehensive liquidity. In 2024, MEXC launched a total of 2,376 new tokens, including 1,716 initial listings and 605 memecoins, with total airdrop rewards exceeding $136 million.
About MEXC
Founded in 2018, MEXC is committed to being “Your Easiest Way to Crypto”. Serving over 34 million users across 170+ countries, MEXC is known for its broad selection of trending tokens, frequent airdrop opportunities, and low trading fees. Our user-friendly platform is designed to support both new traders and experienced investors, offering secure and efficient access to digital assets. MEXC prioritizes simplicity and innovation, making crypto trading more accessible and rewarding.
MEXC Official Website｜ X ｜ Telegram ｜How to Sign Up on MEXC
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