Find stats on top websites
The edge computing market is rapidly expanding, driven by the proliferation of IoT devices, demand for real-time data processing, and AI/ML applications. Focus is on reducing latency, improving security, and optimizing bandwidth for distributed environments. Challenges include data management complexity and security vulnerabilities, pushing for innovative solutions like Atombeam's.
Total Assets Under Management (AUM)
Edge Computing Market Size in United States
~Approx. 15-20 billion USD (2024)
(25-30% CAGR)
This growth is driven by:
- Increased adoption of IoT and AI.
- Demand for real-time analytics.
- Expansion of 5G infrastructure.
50-70 billion USD
Federated learning allows AI models to be trained on decentralized edge devices without centralizing raw data, enhancing privacy and reducing data transfer needs.
While Atombeam mentions future capabilities, fully homomorphic encryption (FHE) enables computations on encrypted data without decrypting it, offering unprecedented data security and privacy for sensitive edge workloads.
WebAssembly provides a secure, fast, and portable binary instruction format for deploying high-performance applications directly on edge devices, enhancing efficiency and reducing resource consumption.
The National Institute of Standards and Technology (NIST) published its Artificial Intelligence Risk Management Framework (AI RMF 1.0) in January 2023, providing voluntary guidance to better manage risks to individuals, organizations, and society associated with AI.
This framework directly impacts Atombeam by guiding the responsible development and deployment of their AI/ML-driven codebook creation and AI applications at the edge, particularly for regulated industries.
CISA continually issues and updates directives and guidance for enhancing the cybersecurity of critical infrastructure, including industrial control systems (ICS) and operational technology (OT), often emphasizing protections at the edge.
These directives are critical for Atombeam's target markets like manufacturing and energy, as their security features can help clients meet compliance requirements for protecting industrial data at the edge.
The Biden-Harris Administration released the National Cybersecurity Strategy in March 2023, aiming to rebalance the responsibility for cybersecurity, increase investments, and shape market forces to enhance security outcomes, with a focus on critical infrastructure and emerging technologies.
This strategy creates a favorable regulatory environment for Atombeam by emphasizing the need for advanced cybersecurity solutions for critical data and infrastructure, aligning with their intrinsic security offerings.
Sign up now and unleash the power of AI for your business growth