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The Fog Computing Market size is set to exceed US$700 million (€567.51 million) by 2024; according to a new research report by Global Market Insights, Inc. Increasing penetration of cloud computing platforms is fostering the fog computing market growth.
Over the past decade, cloud computing has emerged as a driving force in the IT ecosystem. It is estimated that approximately 80% of the enterprises are utilising the capabilities of the cloud computing platform in their business and the number is further anticipated to increase in the future.
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