In today’s complex data-driven world, many companies are adapting edge computing to stay competitive. With rising demand for AI, the Internet of Things, and 5G services, edge computing’s popularity is expected to grow. So, despite the expected challenges that will be posed by coming interest rate hikes, the edge computing industry should continue growing.
According to Grand View Research, the global edge computing market is anticipated to reach $61.14 billion by 2028, growing at a 38.4% CAGR. Therefore, fundamentally strong edge computing stocks should deliver solid returns in the long run.
