The global mobile edge computing market size reached USD 488.4 Million in 2021 and is expected to register a revenue CAGR of 31.2% during the forecast period, according to latest analysis by Emergen Research. Increasing adoption of Internet of Things (IoT) in mobile edge computing is the key factor driving market revenue growth. Mobile edge computing is one of the defining technologies for visualizing IoT, which simply entails computational speed and processing at network's edge. Many issues associated with proliferation of cloud networks can be addressed by enabling connectivity at network's edge and boosting network performance while lowering latency. Growing implementation of IoT is gaining significant traction from various industrial verticals to improve flow of business operations. Number of IoT connections grew by 8% in 2021 from the previous year and in 2023, number of IoT-enabled devices globally is estimated to rise to 43 billion. In addition, increasing penetration of smart devices has helped implementation of IoT technologies. It is expected that investments in IoT will increase significantly due to introduction of new sensors, enhanced computing power, and better network connectivity, which is expected to boost revenue growth of the mobile edge computing market.

The insightful data & information provided by this report are gathered from various primary and secondary sources. The report comprises an exhaustive overview of the Mobile Edge Computing market, focusing on its leading players and their lucrative business expansion initiatives. It provides the reader with essential conclusive data and information concerning the Mobile Edge Computing market’s growth, assessed on both regional and global levels.

 

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Competitive Outlook: The leading companies operating in the Mobile Edge Computing market have been enumerated in this report. This section of the report lays emphasis on the geographical reach and production facilities of these companies. To get ahead of their rivals, the leading players are focusing more on offering products at competitive prices, according to our analysts.

Top Companies Operating in the Mobile Edge Computing Market and Profiled in the Report are:

Adlink Technology Inc., Artesyn Embedded Technologies Inc., Juniper Networks Inc., IBM Corporation, Intel Corporation, Brocade Communications Systems, Inc., Huawei Technologies Co., Ltd., Vasona Networks, Inc., Vapor IO, Inc. and Saguna Networks Ltd

Objectives of the Report:

Competitive landscape benchmarking

Analysis of Mobile Edge Computing market based on growth trends, futuristic outlook, and contribution to the total growth of the market

Study of the global Mobile Edge Computing market size by key regions, types, and applications with reference to historical data (2017-2018) and forecast (2020-2027)

Industrial structure analysis of the Mobile Edge Computing market by identification of various sub-segments

Extensive analysis of key market players along with their SWOT analysis

Analysis of drivers, constraints, opportunities, challenges, and risks in the global Mobile Edge Computing market

Comprehensive analysis of competitive developments such as expansions, agreements, new product launches, and other strategic alliances

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Segments Covered in this report are:

 

  • Component Outlook (Revenue, USD Million; 2019-2030)

    • Hardware
    • Software
    • Services
  • Organization Size Outlook (Revenue, USD Million; 2019-2030)

    • Large Enterprises
    • Small and Medium-sized Enterprises (SMEs)
  • Application Outlook (Revenue, USD Million; 2019-2030)

    • Location-based Services
    • Unified Communication
    • Data Analytics
    • Environmental Monitoring
    • Optimized Local Content Distribution
    • Video Surveillance

Regional Analysis:

North America (U.S., Canada)

Europe (U.K., Italy, Germany, France, Rest of EU)

Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)

Latin America (Chile, Brazil, Argentina, Rest of Latin America)

Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)

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