ORCL

Oracle Corporation

Oracle Positioned in Growing Smart Meter and 5G Edge Cloud Markets

·Consolidated from 3 sources

Oracle is identified as a key player in two expanding technology sectors: smart meter data management and 5G edge cloud networks. Reports indicate significant market growth projections for both segments in the coming years. The company's involvement suggests a strategic focus on infrastructure and data services within these evolving industries.

Oracle Corporation has been highlighted in recent industry reports as a significant participant in two rapidly developing technology markets. Coverage today notes the company's inclusion in analyses forecasting substantial growth in both smart meter data management and 5G edge cloud networks and services.

The smart meter data management market is projected to experience considerable expansion, with forecasts indicating a rise from an estimated $2.49 billion in 2025 to $12.65 billion by 2035. Oracle is listed among the key players shaping this market, alongside other established technology and utility-focused companies. This sector's growth is driven by increasing adoption of smart metering technologies for efficient utility management and data collection.

Simultaneously, Oracle is also recognized within the 5G edge cloud network and services market. This segment is expected to see market growth reach $12.90 billion through 2030. The report profiling this market also names several other major technology vendors, underscoring the competitive landscape. The development of 5G technology and the associated edge computing infrastructure is crucial for enabling new applications and services that require low latency and high bandwidth.

While these reports focus on Oracle's positioning within these technology infrastructure and data management areas, other business developments were also noted today. Pelican AI Corp. reportedly completed a reverse takeover transaction, a separate event that does not directly involve Oracle but signifies activity within the broader technology and business landscape.

Sources

This recap was generated by consolidating the public headlines below.