Despite the COVID-19 pandemic’s effects, the global market for mobile edge computing will reach $6,100.4 million by 2030, rising by 32.6% yearly between 2020–2030. The market is being propelled by an increase in the number of networked devices, a sharp rise in mobile data traffic, a growing desire to enhance end-user Quality of Experience (QoE), and an increase in the need for low-latency processing and real-time automated decision-making solutions.
This 165-page report, “Global Mobile Edge Computing (MEC) Market 2020-2030 by Component (Hardware, Software, Service), Technology (4G, 5G, Wi-Max), Application, Industry Vertical, Organization Size, and Region: Trend Forecast and Growth Opportunity,” is highlighted by 81 tables and 87 figures. It is based on a thorough analysis of the entire global mobile edge computing market and all of its sub-segments through extremely detailed classifications.
Premium primary and secondary information sources are used to create in-depth research and evaluation, with input coming from business specialists working throughout the value chain. The report uses studies from 2017 to 2019 as its foundation and uses 2019 as the base year for estimates for 2020 and forecasts from 2021 to 2030. (Year 2020 is not appropriate for research base due to the outbreak of COVID-19).
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The following elements are identified and examined in-depth qualitative analyses:
Porter’s Five Forces: Market Structure, Growth Drivers, Obstacles and Challenges, Emerging Product Trends and Market Opportunities
By taking COVID-19 into consideration, the trend and prognosis for the global market are predicted with an upbeat, fair-minded, and cautious viewpoint. The worldwide mobile edge computing market is quantified from all angles, including component, technology, application, industry vertical, organisation size, and region, using the balanced (most probable) forecast.
The worldwide Mobile Edge Computing (MEC) Market is divided into the following sub-markets based on component, with annual revenue ($ mn) for 2019–2030 provided in each sector.
Devices and Hardware, Software and Platform, and Services and Support
The worldwide Mobile Edge Computing (MEC) Market is divided into the following sub-markets based on technology, with annual revenue ($ mn) for 2019–2030 provided in each sector.
4G, 5G, and Wi-Max
The worldwide Mobile Edge Computing (MEC) Market is divided into the following sub-markets according to application, with annual revenue ($ mn) for 2019–2030 mentioned in each area.
Location-based services, unified communications, video surveillance, enhanced local content delivery, data analytics, environmental monitoring, and other applications
The worldwide Mobile Edge Computing (MEC) Market is divided into the following sub-markets based on industry vertical, with annual revenue ($ mn) for 2019–2030 mentioned in each area.
• Energy & Utilities • Media & Entertainment • Retail & E-commerce • Healthcare & Life Science • BFSI • Industrial Manufacturing • IT & Telecom • Government & Defense • Other Industry Verticals
The worldwide Mobile Edge Computing (MEC) Market is divided into the following sub-markets based on organisation size, with annual revenue ($ mn) for 2019–2030 given in each area.
Small and medium-sized businesses (SME) and large enterprises (SMEs)
Along with the above national/local markets, the following geographic areas are thoroughly investigated:
• America, North (U.S., Canada, and Mexico)
In Europe (Germany, UK, France, Spain, Italy, Russia, Rest of Europe; Rest of Europe is further segmented into Netherlands, Switzerland, Poland, Sweden, Belgium, Austria, Ireland, Norway, Denmark, and Finland)
• APAC (Japan, China, South Korea, Australia, India, and Rest of APAC; Rest of APAC is further segmented into Malaysia, Singapore, Indonesia, Thailand, New Zealand, Vietnam, Taiwan, and Philippines)
Latin America (Brazil, Chile, Argentina, Rest of South America)
• MEA (UAE, Saudi Arabia, South Africa)
Detailed analysis and statistics for yearly revenue ($ mn) for each of the aforementioned regions and nations are provided for the years 2019 through 2030. There is also a breakdown of the major national markets by component, application, and industry vertical during the predicted years, as well as a breakdown of the regional markets by country.
The study also analyses the present competition landscape, the anticipated trend, and it provides profiles of major suppliers, including both established market leaders and significant up-and-coming companies.
Key Players (this list may not be exhaustive; other businesses may be included upon request):
Advantech Co., Ltd. and ADLINK Technology Inc.
Inc. AT&T
China’s Huawei Technologies Co.
Integrated Device Technology Inc. and IBM Corporation
Microsoft Corporation
Incorporated by Nokia Quortus Limited
Networks Saguna Ltd.
SK Telecom Company, Ltd.
Embedded Computing SMART (Artesyn Embedded Technologies)
The LM Ericsson ZephyrTel Inc. telephone company (ESW Capital Group Company)
