(Telecom-NewsWire.Net, January 12, 2018 ) According to Publisher, the Global Fog Computing Market is valued at $14.69 million in 2016 and is expected to reach $313.04 million by 2022 growing at a CAGR of 54.8% from 2016 to 2023. Fog computing is a computing technology which decentralizes application and computing resources in the most significant and valid point. Global fog computing market key drivers are the developing Internet of Things connectivity, machine to machine communication, requirement for real-time computing for time-critical process and the increasing demand for connected devices. The rising business demand for increased operation efficiency, rapid decision-making ability, and cost savings would make fog computing an influential model for enterprises amid verticals in the future.
By application, military & defence segment is anticipated to dominate the market over the next few years owing to extensive usage of IR cameras, rising investments from governments of emerging regions. The infrared (IR) wavelengths are an important focus of military and defense research and development because much of surveillance and targeting occurs under the cover of darkness. Infrared imaging is used in many defense applications to enable high-resolution vision and identification in near and total darkness.
Some of the key players in the IR (Infrared) camera market are FLIR Systems, Testo AG., Axis Communications, Samsung Techwin, Current Corporation, Fluke Corporation, Zhejiang ULIRvision Technology Co., Ltd, DRS Technologies Inc, General Dynamics Corporation, Infrared Integrated Systems Ltd (IRISYS) , Wuhan Guide Infrared Co., Ltd, E.D. Bullard Company, Guangzhou SAT Infrared Technology Co., Ltd, L-3 Communications Infrared Products and Pelco Corporation.
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