Market Overview:
The global mobile edge computing market is expected to grow at a CAGR of 33.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for mobile edge computing solutions from various industries, such as media and entertainment, retail, IT and telecom, healthcare, BFSI, and others. Additionally, the growing trend of Bring Your Own Device (BYOD) is also contributing to the growth of this market.
Product Definition:
Mobile Edge Computing (MEC) is a technology that allows mobile operators to bring compute and storage resources closer to the user, at the network edge. This can improve performance and reduce latency for applications and services running in the cloud or on devices such as smartphones and tablets. MEC can also help mobile operators manage surging data traffic volumes, by offloading some of it from centralised data centres.
Hardware:
Hardware is the part of technology that helps to create, deploy and manage applications on mobile devices. It includes smartphones, tablets and other communication devices. Hardware components such as processors, operating systems (OS), memory storage devices etc., enable the functionality in mobile edge computing market.
HW usage in MEC market can be classified into three broad categories: infrastructure component; application component; and data management component.
Software:
Software is the part of Mobile Edge Computing (MEC) that helps in reducing time to market, improving security and privacy, increasing scalability, and lowering cost. It also helps enterprises to focus on their core business by providing an optimal experience for mobile users.
Advancements in software technologies such as cloud computing have led to a huge increase in data traffic globally.
Application Insights:
The media & entertainment segment accounted for the largest revenue share in 2016 and is anticipated to continue leading over the forecast period. The growth can be attributed to a large number of users accessing the internet from smart devices and laptops, which increases demand for cloud computing services. Furthermore, increasing penetration of social networks on mobile phones provides opportunities for content providers to improve their marketing strategies through analytics tools provided by Google or Microsoft Corporation.
The retail segment is expected register a significant CAGR during the forecast period owing to growing e-commerce activities across various industries worldwide. Mobile edge computing helps retailers in reducing costs associated with data management while improving customer experience by enabling real-time information on product inventory at different stores across countries and regions thus driving its adoption among retailers globally.
Regional Analysis:
The market in Asia Pacific is expected to grow at a significant rate over the forecast period. The growth can be attributed to increasing investments in 4G/5G network infrastructure and development, rising adoption of cloud-based services, and growing demand for data services on mobile devices. Moreover, the presence of key industry players such as Huawei Technologies Co., Ltd.; MediaTek Inc.; ZTE Corporation; NTT Docomo; China Telecom; SK Telecom Co., Ltd.; KT Corporation; and others is anticipated to drive regional growth over the next eight years.
North America accounted for more than 25% revenue share in 2017 owing to early technology adoption by service providers across U.S., Canada, and Mexico. Additionally, high disposable income levels among consumers are driving them towards purchasing premium smartphones with advanced features such as longer battery life that would enable users to work remotely or go offline anywhere they go thus creating huge potential for MEA region over the forecast period.
Growth Factors:
- Increasing demand for mobile data due to the growth of IoT and connected devices
- The increasing demand for edge computing services from the industrial sector
- The need for faster response time and improved performance for latency-sensitive applications
- Growing investments in 5G networks that will require edge computing capabilities
- Proliferation of new use cases and applications that will drive the need for more edge compute capacity
Scope Of The Report
Report Attributes
Report Details
Report Title
Mobile Edge Computing Market Research Report
By Type
Hardware, Software, Service
By Application
Media & Entertainment, Retail, IT & Telecom, Healthcare, BFSI, Others
By Companies
Adlink Technology, Advantech, Artesyn Embedded Technologies, Brocade Communications Systems, Huawei Technologies, Juniper Networks, Nokia, Saguna Networks, Vasona Networks
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
126
Number of Tables & Figures
89
Customization Available
Yes, the report can be customized as per your need.
Global Mobile Edge Computing Market Report Segments:
The global Mobile Edge Computing market is segmented on the basis of:
Types
Hardware, Software, Service
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Media & Entertainment, Retail, IT & Telecom, Healthcare, BFSI, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Adlink Technology
- Advantech
- Artesyn Embedded Technologies
- Brocade Communications Systems
- Huawei Technologies
- Juniper Networks
- Nokia
- Saguna Networks
- Vasona Networks
Highlights of The Mobile Edge Computing Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Hardware
- Software
- Service
- By Application:
- Media & Entertainment
- Retail
- IT & Telecom
- Healthcare
- BFSI
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Mobile Edge Computing Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Mobile Edge Computing is a term used to describe the use of mobile devices and sensors to improve the performance of traditional computing systems. By using mobile devices and sensors, Mobile Edge Computing can help reduce processing time and increase accuracy for tasks such as mapping, navigation, security monitoring, and weather forecasting.
Some of the major players in the mobile edge computing market are Adlink Technology, Advantech, Artesyn Embedded Technologies, Brocade Communications Systems, Huawei Technologies, Juniper Networks, Nokia, Saguna Networks, Vasona Networks.
The mobile edge computing market is expected to grow at a compound annual growth rate of 33.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Mobile Edge Computing Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Mobile Edge Computing Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Mobile Edge Computing Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Mobile Edge Computing Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Mobile Edge Computing Market Size & Forecast, 2020-2028
4.5.1 Mobile Edge Computing Market Size and Y-o-Y Growth
4.5.2 Mobile Edge Computing Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 Hardware
5.2.2 Software
5.2.3 Service
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Media & Entertainment
6.2.2 Retail
6.2.3 IT & Telecom
6.2.4 Healthcare
6.2.5 BFSI
6.2.6 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Mobile Edge Computing Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Mobile Edge Computing Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 Hardware
9.6.2 Software
9.6.3 Service
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Media & Entertainment
9.10.2 Retail
9.10.3 IT & Telecom
9.10.4 Healthcare
9.10.5 BFSI
9.10.6 Others
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 Hardware
10.6.2 Software
10.6.3 Service
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Media & Entertainment
10.10.2 Retail
10.10.3 IT & Telecom
10.10.4 Healthcare
10.10.5 BFSI
10.10.6 Others
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 Hardware
11.6.2 Software
11.6.3 Service
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Media & Entertainment
11.10.2 Retail
11.10.3 IT & Telecom
11.10.4 Healthcare
11.10.5 BFSI
11.10.6 Others
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 Hardware
12.6.2 Software
12.6.3 Service
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Media & Entertainment
12.10.2 Retail
12.10.3 IT & Telecom
12.10.4 Healthcare
12.10.5 BFSI
12.10.6 Others
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 Hardware
13.6.2 Software
13.6.3 Service
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Media & Entertainment
13.10.2 Retail
13.10.3 IT & Telecom
13.10.4 Healthcare
13.10.5 BFSI
13.10.6 Others
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Mobile Edge Computing Market: Competitive Dashboard
14.2 Global Mobile Edge Computing Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Adlink Technology
14.3.2 Advantech
14.3.3 Artesyn Embedded Technologies
14.3.4 Brocade Communications Systems
14.3.5 Huawei Technologies
14.3.6 Juniper Networks
14.3.7 Nokia
14.3.8 Saguna Networks
14.3.9 Vasona Networks
