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 Research Report added by Emergen Research to its expanding repository is an all-inclusive document containing insightful data about the Mobile Edge Computing market and its key elements. The report is formulated through extensive primary and secondary research and is curated with an intent to offer the readers and businesses a competitive edge over other players in the industry.

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Competitive Terrain:

The section on the competitive landscape offers valuable and actionable insights related to the business sphere of the Mobile Edge Computing market, covering extensive profiling of the key market players. The report offers information about market share, product portfolio, pricing analysis, and strategic alliances such as mergers and acquisitions, joint ventures, collaborations, partnerships, product launches and brand promotions, among others. The report also discusses the initiatives taken by the key companies to combat the impact of the COVID-19 pandemic.

The leading market contenders listed 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

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Emergen Research has segmented the global Mobile Edge Computing market on the basis of type, application, end-use, and region:

• 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

The various regions analyzed in the report include:

• 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)

Key Objectives of the Report:

• Analysis and estimation of the Mobile Edge Computing Market size and share for the projected period of 2022-2030
• Extensive analysis of the key players of the market by SWOT analysis and Porter’s Five Forces analysis to impart a clear understanding of the competitive landscape
• Study of current and emerging trends, restraints, drivers, opportunities, challenges, growth prospects, and risks of the global Mobile Edge Computing Market
• Analysis of the growth prospects for the stakeholders and investors through the study of the promising segments
• Strategic recommendations to the established players and new entrants to capitalize on the emerging growth opportunities

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