Fog Networking Market Expected to Reach $7.8 Billion by 2032—Allied Market Research

Fog Networking Market

Report Code : A111046

quote One of the major growth factors for the fog networking market is the increasing adoption of Internet of Things (IoT) devices and applications. 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. quote

Pradeep Ravi- Lead Analyst
ICT and Media at Allied Market Research

Get 20% Free Customization In This Report
Follow us on Social Media:       

According to a new report published by Allied Market Research, titled, “Fog Networking Market," The fog networking market was valued at $218.46 million in 2022, and is estimated to reach $7.8 billion by 2032, growing at a CAGR of 43.5% from 2023 to 2032.

Fog networking refers to a decentralized approach to network architecture that brings computing resources and data storage closer to the edge of the network, rather than relying solely on centralized cloud services. It aims to reduce latency and improve performance by enabling data processing and storage to occur at or near the network devices themselves, such as routers, switches, and other edge devices.  

Furthermore, major market players have undertaken various strategies to increase the competition and offer enhanced services to their customers. For instance, in May 2023, Arista networks expanded to the cloud fog,  offering Wide-area networking (WAN) and artificial intelligence (AI) use cases, which are driving development for the market. Furthermore, it visibility into cloud spending from its largest customers has been reduced to six months from 12 months previously, indicating a decline in long-term visibility. Therefore, such strategy helps to grow the fog networking market analysis.  

On the basis of application, the smart manufacturing segment attained the highest market share in 2022 in the fog networking industry. 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 forecasted to be the fastest growing segment during the forecast period. This growth is driven by several factors such as 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. Fog computing enables real-time tracking, route optimization, and enhanced visibility, allowing businesses to respond promptly to changing market demands and deliver goods faster and more reliably.  

Region wise, North America witnessed the highest growth in 2022. This is because the market in North America is experiencing a surge in adoption driven by IoT proliferation, low-latency requirements, data privacy concerns, and collaborative efforts to build comprehensive fog computing ecosystems. In addition, the increasing adoption of IoT devices, the convergence with 5G networks, and the development of smart cities in North America contribute to the growth of fog networking market in this region. 

However, the Asia-Pacific region is considered to be the fastest growing region during the fog networking market forecast period.  This is because several governments in the Asia-Pacific region have recognized the potential of fog networking and have launched initiatives to support its development. For instance, Japan has been promoting the concept of "Society 5.0," which envisions a human-centered society powered by advanced technologies such as fog computing.  

The COVID-19 pandemic had a mixed impact on the fog networking market size. 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 global supply chains and led to uncertainties in the market, causing delays in deployment and hindering the growth of fog networking projects. Despite these challenges, the overall impact of COVID-19 on the fog networking market was a mix of increased demand and temporary setbacks, with the long-term potential for growth remaining strong as organizations recognize the value of edge computing in a post-pandemic world.

Key Findings of the Study

  • By component, the hardware segment accounted for the highest fog networking market share in 2022.
  • By application, the smart manufacturing segment accounted for the highest fog networking market share in 2022
  • By region, North America generated the highest revenue in 2022.

The report analyzes the profiles of key players operating in the fog networking industry such as Arista Networks, Inc., Amazon Web Services, Inc., Cisco Systems, Inc., Dell Inc., Fujitsu, Google Cloud Platform, Huawei Technologies Co., Ltd., IBM Corporation, Intel Corporation., and Microsoft Corporation. These players have adopted various strategies to increase their market penetration and strengthen their position in the fog networking market.  

Need More Information

pr-det-talk Talk to David (Europe)

pr-det-talk Talk to Sona Padman (Americas)

5933 NE Win Sivers Drive #205,
Portland, OR 97220 United States

pr-det-phone Toll Free: +1-800-792-5285

pr-det-phone UK: +44-845-528-1300

pr-det-phone Hong Kong: +852-301-84916

pr-det-phone India (Pune): +91 2066346060

pr-det-phone Fax: +1(855) 550-5975

pr-det-phone help@alliedmarketresearch.com


For Media Inquiries, Please Contact

Allied Market Research
Contact Toll Free: +1-800-792-5285
Drop us an email at

Looking for Customization?

 Customization Request

Have a Question?

 Speak with Analyst

Any Confusion?

 Inquire Before Buying

Have a glance of the Report

  Request Free Sample

First time buyer?
Check offers and discount on this report
To get this report

Click Here

quote Fog Networking Market by Component (Hardware, Software, Service), by Application (Building and Home Automation, Smart Manufacturing, Connected Healthcare, Smart Energy, Transportation and Logistics, Others): Global Opportunity Analysis and Industry Forecast, 2023-2032 quote

View Report

Avenue: Entire Library membership of Allied Market Research Reports at your disposal

  • Avenue is an innovative subscription-based online report database.
  • Avail an online access to the entire library of syndicated reports on more than 2,000 niche industries and company profiles on more than 12,000 firms across 11 domains.
  • A cost-effective model tailored for entrepreneurs, investors, and students & researchers at universities.
  • Request customizations, suggest new reports, and avail analyst support as per your requirements.
  • Get an access to the library of reports at any time from any device and anywhere.




To ensure high-level data integrity, accurate analysis, and impeccable forecasts


For complete satisfaction


On-demand customization of scope of the report to exactly meet your needs


Targeted market view to provide pertinent information and save time of readers


Featured Readings


Published Date May 2024

Pet Insurance Market

Download Sample

Published Date May 2024

Forex Brokers Market

Download Sample

Buy Full Version
"Fog Networking Market"
Purchase Enquiry

Get fresh content delivered

Get insights on topics that are crucial for your business. Stay abreast of your interest areas.

Get Industry Data Alerts

Why Allied Market Research?

Infallible Methodology

To ensure high-level data integrity, accurate analysis, and impeccable forecasts

Analyst Support

For complete satisfaction


On-demand customization of the scope of the report to exactly meet your needs


Targeted market view to provide pertinent information and save the time of readers