Mobile Edge Computing Market Outlook, Growth Factors, Industry Share, and Size By 2032
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Mobile Edge Computing Market
Outlook, Growth Factors, Industry Share, Size By 2032 A network architecture known as mobile edge computing offers IT and cloud computing capabilities at the edge of a cellular network. It provides an innovative choice for network operators struggling to satisfy customer requests for better coverage and more bandwidth. The primary benefits of moving relevant processing operations closer to the end user are a reduction in the amount of congestion experienced on the network and an improvement in the functionality of apps. An increase in data traffic and demand for low latency computing and improved Quality of Experience (QoE) drive the growth of the mobile edge computing market.
According to Straits Research, the global mobile edge computing market size was valued at USD 256 million in 2021. It is expected to reach USD 16,090 million by 2030, growing at a CAGR of 67.6% during the forecast period (2022–2030).
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Mobile Edge Computing Market $16,090
CAGR 67.6%
USD Billion
$256
USD Billion
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2023
2032
Mobile Edge Computing Market Main Market Players Covered in This Report:
A Summary of the Impact of COVID-
ü SK Telecom Co. Ltd
19 on this Market:
ü Nokia Corporation ü Telefonaktiebolaget LM Ericsson ü Saguna Networks Ltd
The appearance of COVID-19 has transported the globe to a halt. We understand that this health disaster has brought an unprecedented impact on
ü AT&T Inc.
businesses across industries. However, this too
ü Huawei Technologies Co. Ltd
shall pass. Growing support from governments
ü ADLINK Technology Inc.
and various companies can benefit in the fight
ü SMART Embedded Computing (Artesyn Embedded Technologies) ü ZephyrTel Inc. (ESW Capital Group Company) ü Quortus Limited.
against this highly transmissible disease. There are some businesses that are struggling and some are thriving. General, almost every sector is anticipated to be stuck by the pandemic
Mobile Edge Computing Market The Mobile Edge Computing Market has been segmented as below: ü By Components •
Hardware
•
Software and Services
ü By End-User •
Media and Entertainment
•
Automotive
•
Manufacturing
•
Government
We are taking nonstop efforts to help your business sustain and cultivate during COVID-19 pandemics. Based on our knowledge and expertise, we will provide you an impact analysis of coronavirus outbreaks across businesses to help you prepare for the future. Thanks for reading this article; you can also get distinct chapter-wise sections or region-wise report versions like Asia, US, Europe, Africa, etc.
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