PUBLISHER: Grand View Research | PRODUCT CODE: 1790473
PUBLISHER: Grand View Research | PRODUCT CODE: 1790473
Multi-access Edge Computing Market Summary
The global multi-access edge computing market size was estimated at USD 5.23 billion in 2024 and is projected to reach USD 169.53 billion by 2033, growing at a CAGR of 47.6% from 2025 to 2033. The market growth is primarily driven by the rising demand for ultra-low latency applications, the expansion of 5G networks, increasing enterprise adoption of private edge infrastructures, and the growing integration of AI and real-time analytics at the edge.
The expansion of 5G networks is accelerating deployments in the multi-access edge computing industry. Telecom operators are leveraging MEC to offload network traffic and enable time-sensitive services such as cloud gaming and remote surgeries. MEC address the data deluge generated by high-speed networks by processing it closer to the user. This strategic alignment between 5G and edge infrastructure is becoming a priority investment area. The industry trend reflects how MEC is positioned as a foundational layer of 5G monetization.
Smart city projects are becoming a major driver in the multi-access edge computing industry. Governments and urban planners are deploying MEC to support traffic monitoring, public safety surveillance, and environmental sensors. MEC enhances decision-making by enabling data to be processed near the source, ensuring real-time responsiveness for civic applications. These projects demand scalable and secure edge nodes to handle massive volumes of urban data. The trend signals growing public-sector investment in edge-based infrastructure to modernize urban environments.
The automotive industry is rapidly advancing the use of edge computing through applications in connected vehicle communication and autonomous driving. Edge computing enhances the safety and responsiveness of autonomous operations by enabling low-latency processing of data from sensors, infrastructure, and navigation systems. Automakers and transport agencies are investing in this technology to support vehicle-to-everything (V2X) communication networks. The shift is driven by the growing complexity of in-vehicle data and the rising demand for intelligent mobility solutions.
Telecom providers are emerging as key enablers in the multi-access edge computing industry by offering edge-based services to enterprises. MEC allows telcos to provide differentiated solutions such as network slicing, localized cloud services, and low-latency application hosting. These offerings are becoming valuable as enterprises seek customized, responsive IT environments. Operators are positioning MEC as a revenue-generating layer beyond traditional connectivity. The industry trend reflects telecom firms' strategic shift toward service-based business models.
Global Multi-access Edge Computing Market Report Segmentation
This report forecasts revenue growth at global, regional, and country levels and provides an analysis of the latest industry trends in each of the sub segments from 2021 to 2033. For this study, Grand View Research has segmented the global multi-access edge computing market report based on solution, enterprise size, network type, end use, and region.