Mobile Edge Computing Market By Component (Hardware, Software) By Application (Location-Based Services, Video Surveillance, Unified Communication, Optimized Local Content Distribution, Data Analytics, Environmental Monitoring), By Organization Size (Large Enterprises, Small And Medium-Sized Enterprises) - Growth, Future Prospects And Competitive Analysis, 2019 - 2027

Increasing Demand for Data Communication System to boost the Mobile Edge Computing Market

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$ 258.0 Mn in 2018. 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.

Market Synopsis

Mobile Edge Computing Market

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Data Analytics will led the Market

In 2018, 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 2019-2027.

Mobile Edge Computing Market

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Asia Pacific to Grow Significantly during the Forecast Period

In 2018, 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.

Mobile Edge Computing Market

Some of the prominent players operating in the mobile edge computing market 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., and Vasona Networks, Inc. among others.

Mobile Edge Computing Market

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Historical & Forecast Period

This research report presents the analysis of each segment from 2017 to 2027 considering 2018 as the base year for the research. Compounded Annual Growth Rate (CAGR) for each respective segments calculated for the forecast period from 2019 to 2027.

Report Scope by Segments

The mobile edge computing market report provides market size and estimates based on market dynamics and key trends observed in the industry. The report provides a holistic view of global mobile edge computing market based on component, application, organization size, and geography. Key segments covered in the report are as follows: 

ATTRIBUTE DETAILS
Research Period  2017-2027
Base Year 2018
Forecast Period  2019-2027
Historical Year  2017
Unit  USD Million
Segmentation

 Component (2017–2027; US$ Mn)
 • Hardware
   o Servers
   o Routers
   o Switches
   o Controllers
   o Gateways
 • Software
   o MEC Platform
   o Application Software

 Application (2017–2027; US$ Mn)
 • Location-based Services
 • Video Surveillance
 • Unified Communication
 • Optimized Local Content Distribution
 • Data Analytics
 • Environmental Monitoring

 Organization Size (2017–2027; US$ Mn)
 • Large Enterprises
 • Small and Medium-sized Enterprises (SMEs)

 Geography Segment (2017–2027; US$ Mn)
 • North America (U.S., Rest of North America)
 • Europe (U.K., Germany, France, Rest of Europe)
 • Asia Pacific (China, Japan, India, Rest of Asia Pacific)
 • Rest of the World (Middle East & Africa, Latin America)

Key questions answered in this report

  • What was the market size of mobile edge computing in 2018 and forecast up to 2027?
  • 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?

Unique data points of this report

  • Recent trends across different regions in terms of adoption of mobile edge computing across various applications
  • Notable developments going on in mobile edge computing market
  • Attractive investment proposition for segments as well as geography
  • Comparative scenario for all the segments for years 2018 (actual) and 2027 (forecast)
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Published Date:  Dec 2019
Category:  Technology & Media
Report ID:   60100
Report Format:   PDF
Pages:   120
Rating:    4.2 (49)
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