DUBLIN–(BUSINESS WIRE)–The “Mobile Edge Computing Market Size, Market Share, Application Analysis, Regional Outlook, Growth Trends, Key Players, Competitive Strategies and Forecasts, 2021 to 2029” report has been added to ResearchAndMarkets.com’s offering.
The mobile edge computing market worldwide is expected to grow with a CAGR of 32.0% during the forecast period from 2019 to 2027, starting from US$ 423.12 Mn in 2020.
Exponentially increasing data traffic worldwide along with data communication systems is the prime factor driving the market growth. Mobile edge computing assists the disposition of services within the RAN to develop profound user experience. Backed by changes in regulatory & legal structure and rising security concern the mobile edge computing market is set to grow. Therefore, we expect that the mobile edge computing market will show enormous growth during the forecast period.
In 2020, largest share of global mobile edge computing market was held by location-based services. The location-based services use the real time geographical data available. The location prompted or detected in a mobile device provide various information about the user, which may be about entertainment and security. Further, data analytics shall expand at the fastest rate during the forecast period. Due to specific use of mobile edge computing for surplus data owing to its close proximity with the mobile device, the demand for data analytics shall increase. Thus, we expect that the data analytics segment will be the largest growing segment during the forecast period 2021-2029.
In 2020, North America had dominance over the mobile edge computing market and shall continue with the same during the forecast period. Notably, North America has a superior infrastructure, high capacity for expenses and largest consumption of technology. Further, Asia Pacific is projected to grow exponentially through the forecast period. Inclusion of digitalization due to government policies have supported the mobile edge computing market. The usage of smartphone in the emerging economies of India and China is growing which directly drives the mobile edge computing market. As a result, we expect that Asia Pacific would demonstrate enormous growth over the years to come.
Companies Mentioned
Adlink Technology Inc. Advantech Co. Ltd. Artesyn Embedded Technologies Inc. Brocade Communications Systems Inc. Huawei Technologies Co. Ltd. Juniper Networks Inc. Nokia Corporation Saguna Networks Ltd. Vapor IO Inc. Vasona Networks Inc. Key questions answered in this report
What was the market size of mobile edge computing in 2020 and forecast up to 2029? Which is the largest regional market for mobile edge computing? What are the major trends followed in overall mobile edge computing across different regions? Who are the key mobile edge computing companies leading the market? What are the key strategies adopted by the leading mobile edge computing companies in market? Key Topics Covered:
1. Preface
2. Executive Summary
2.1. Market Snapshot: Global Mobile Edge Computing Market
2.1.1. Global Mobile Edge Computing Market, by Application, 2020 (US$ Bn)
2.1.2. Global Mobile Edge Computing Market, by Application, 2020 (US$ Bn)
2.1.3. Global Mobile Edge Computing Market, by Organization Size, 2020 (US$ Bn)
2.1.4. Global Mobile Edge Computing Market, by Geography, 2020 (US$ Bn)
3. Market Dynamics
3.1. Introduction
3.2. Market Dynamics
3.2.1. Market Drivers
3.2.2. Market Restraint
3.3. Attractive Investment Proposition, by Geography, 2020
3.4. Market Positioning of Key Mobile Edge Computing Vendors, 2020
4. Global Mobile Edge Computing Market, by Component
4.1. Overview
4.2. Hardware
4.3. Software
5. Global Mobile Edge Computing Market, by Application
5.1. Overview
5.2. Location-based Services
5.3. Video Surveillance
5.4. Unified Communication
5.5. Optimized Local Content Distribution
5.6. Data Analytics
5.7. Environmental Monitoring
6. Global Mobile Edge Computing Market, by Organization Size
6.1. Overview
6.1.1 Global Mobile Edge Computing Market Value Share, by Organization Size, 2020 & 2029 (Value, %)
6.2. Small and Medium Enterprises
6.2.1 Global Mobile Edge Computing Market Value from Large Enterprises, 2019 – 2029 (US$ Bn)
6.3. Small and Medium Enterprises
6.3.1 Global Mobile Edge Computing Market Value from Small and Medium Enterprises, 2019 – 2029 (US$ Bn)
7. North America Mobile Edge Computing Market Analysis, 2019 – 2029 (US$ Bn)
8. Europe Mobile Edge Computing Market Analysis, 2019 – 2029 (US$ Bn)
9. Asia Pacific Mobile Edge Computing Market Analysis, 2019 – 2029 (US$ Bn)
10. Rest of the World (RoW) Mobile Edge Computing Market Analysis, 2019 – 2029 (US$ Bn)
11. Company Profiles
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