Gorilla Technology Group SPAC Presentation Deck
(2)
(3)
(5)
(6)
The Edge Opportunity
The Market
Adoption of
digital
collaboration
Asia-Pacific expected
to register the highest
CAGR over the
forecast period owing
to the rising number of
loT integrated devices
and the advent of 5G in
the region. (2)
CAGR of
38.4%. (4)
Source-Spending Guide by IDC, i-SCOOP
Source - Million Insights, PRNewswire
Source - Global Edge Computing Market, Grand
View Research, VentureBeat
Source-Global Edge Computing Market Grand
View Research
Source-Spending Guide by IDC, Bloomberg
Source-Valuates Reports, PRNewswire
$61.14
billion by
2028 (3)
From a technology
perspective, services
(including professional and
provisioned services) will
account for 46.2% of all edge
spending in 2024. Hardware
follows as the second largest
technology category with a
32.2% share of spending,
while the remaining 21.6% will
go to edge-related software.
(1)
Worldwide
Spending on
Edge
Computing
expected to
Reach $250
Billion in 2024.
(5)
Mobile Edge
Computing
market CAGR of
28.9% during
2021-2027 (6)
IDC predicts that by 2025 there will be 55.7 billion
connected devices worldwide, 75% of which will be
connected to an loT platform. IDC estimates data.
generated from connected loT devices to be 73.1 ZB by
2025, growing from 18.3 ZB in 2019. Most of this data
arises from security and video surveillance, but Industrial
loT applications will also take a significant portion of this
data.
The global Edge Al software market size is projected to
reach USD 3.4 billion by 2026, from USD 713.4 million in
2019, at a CAGR of 24.8% during the forecast period 2021-
2026. (source: Valuates Reports, 19 May 2021)
The global Edge Al hardware market was valued at USD
870.9 million in 2020 and is projected to reach USD 3104.3
million by 2028, growing at a CAGR of 20.46% from 2021
to 2028. (source: Verified Market Research, June 2021)
"The future is going to be awesome" - Demand for Edge
Al chips to surpass Cloud Al chips by 2025. By 2025, the
edge Al chip market will reach USD 12.2 billion in revenue,
whereas cloud Al chip revenues will reach $11.9 billion in
the same time frame. (source: eeTimes, December 2020)View entire presentation