From GlobeNewswire: 2025-06-06 10:00:00

The Fog Computing Market is projected to reach USD 11537.48 million by 2032, with a CAGR of 51.0% from 2024-2032. Major players include Cisco, IOTech Systems, and Adlink Technology. The U.S. positive displacement pumps market is expected to grow at a CAGR of 49.69% from 2024-2032, driven by investments in oil and gas, water infrastructure, and energy-efficient solutions.

In 2023, hardware dominated the fog computing market with 35% revenue share, while software is expected to register the fastest CAGR. Smart manufacturing led the market with real-time monitoring, while smart cities are forecasted to grow fastest due to urban digital infrastructure investments.

North America leads in fog computing market revenue, with Asia-Pacific expected to grow rapidly due to urbanization and smart city projects. Recent developments include Cisco’s Edge Fog Fabric platform, IBM’s partnership with Bosch for IoT, and Microsoft Azure’s enhanced fog computing capabilities.

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