players in cloud and IoT ecosystem and would benefit by leveraging the system architecture at platform and
Being a software domain, the providers are not stranded with heavy capital investment as would be with
hardware, thus boosting the market. The fog computing market by smart manufacturing application is in a
transformative phase gravitating towards process automation in the manufacturing sector and IoT with
machine-machine connectivity is a relatively untouched area for fog computing market to monitor machine
operations in real-time. North America with importance ascribed to Internet of Things (IoT) and displaying
economic prosperity is a growing market for fog computing market. Being one among the most technically
advanced and developed nations, U.S. and Canada are prime motivators of fog computing market.
Fog networking supports the Internet of Everything concept wherein most of devices of daily-use will be
interconnected with each other, with phones, connected vehicles, consumer appliances, virtual reality (VR)
using Google glass as prime examples. Virtual Reality (VR) devices work under a 5K environment and at network
edge with dynamic feeds (Google glass, tablets, phones) in a cloud/fog scenario to reduce latency times, improve
audio/video compression ratios that catches camera feeds in multi-camera systems.
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The key stakeholders in the market include IT infrastructure equipment providers, support infrastructure
equipment providers, component providers, software providers, system integrators, network service providers,
monitoring service providers, support service providers, professional service providers, distributors and
resellers, cloud providers, collocation providers, enterprises and data center vendors, government and
standardization bodies, telecom operators, healthcare organizations and financial organizations.
As per an article dated Aug 2016, the verdict goes that IoT or Internet of Things with fog computing drastically
turns the tide in favor of the market by getting IoT devices closer to the edge, the only access point for increasing
bandwidth and help the medical industry where limitations in internet speed and latency times of IoT are
reasons for a sluggish demand of the devices in telemedicine.
Growth in IoT industry owes its success to cloud service providers and inimitable data centers but with
connected devices like self-driving cars where a delay of nanoseconds end in mishaps with same going for
telemedicine where lives rest on speed and accuracy, a slight delay could prove fatal.
The key industry players spanning the fog computing market size include Microsoft, Cisco, Dell, Intel, Arm
Holding, Fujitsu and Schneider Electric Software. PrismTech Corporation, Nebbiolo Technologies and Dell