Mobile Edge Computing Market Demand, Business Opportunities and Research Methodology by 2030
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 Global Mobile Edge Computing Market report by Emergen Research is an all-encompassing study of the global Mobile Edge Computing market. The report serves as a prototype of the highly functional Mobile Edge Computing industry. Our market researchers’ panel has performed quantitative and qualitative assessments of the global Mobile Edge Computing market dynamics in a bid to forecast the global market growth over the forecast period. They have taken into consideration several factors, such as market penetration, pricing structure, product portfolios, end-user industries, and the key market growth drivers and constraints, to endow the readers with a sound understanding of the market.
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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:
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
Competitive landscape benchmarking
Analysis of Mobile Edge Computing market based on growth trends, futuristic outlook, and contribution to the total growth of the market
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
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)
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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 Segmentation:
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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