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Stock impact report

Fastly Named a Leader in IDC MarketScape for Worldwide Edge Delivery Services 2024 [Yahoo! Finance]

Fastly, Inc. Class A (FSLY) 
Last fastly, inc. class a earnings: 2/20 04:05 pm Check Earnings Report
Company Research Source: Yahoo! Finance
a Leader in the IDC MarketScape: Worldwide Edge Delivery Services 2024 Vendor Assessment (doc #S51812424, November 2024). This is the second time Fastly has been named a Leader in an IDC MarketScape report "Fastly differentiates its offering with a well-rounded portfolio and continuous focus on fast performance and response times," said Ghassan Abdo, IDC Research VP, WW Telecom, Virtualization & CDN. "Its WASM implementation delivers fast caching performance and cold starts." According to the IDC Worldwide Edge Spending Guide , global spending on edge computing is estimated to reach $228 billion in 2024, marking a 14% increase from 2023. This includes combined enterprise and service provider spending on hardware, software, professional services, and provisioned services for edge solutions. The forecast anticipates sustained strong growth through 2028, with spending expected to be near $378 billion, growing at a solid double-digit CAGR. "We are proud to receive this recognition," Show less Read more
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