Picture

Questions?

+1-866-353-3335

SEARCH
What are you looking for?
Need help finding what you are looking for? Contact Us
Compare

PUBLISHER: IMARC | PRODUCT CODE: 1225431

Cover Image

PUBLISHER: IMARC | PRODUCT CODE: 1225431

Mobile Edge Computing (MEC) Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028

PUBLISHED:
PAGES: 143 Pages
DELIVERY TIME: 2-3 business days
SELECT AN OPTION
PDF & Excel (Single User License)
USD 2499
PDF & Excel (5 User License)
USD 3499
PDF & Excel (Corporate License)
USD 4499

Add to Cart

Market Overview:

  • The global mobile edge computing (MEC) market size reached US$ 642.2 Million in 2022. Looking forward, IMARC Group expects the market to reach US$ 2,771.9 Million by 2028, exhibiting a growth rate (CAGR) of 26.4% during 2023-2028.
  • Mobile edge computing (MEC) is an emerging technology that aims to move infrastructure-based cloud resources, such as computation, storage, and bandwidth, to the edge of the cellular network. It establishes the network edge by utilizing various access points, such as routers, switches, hotspots, WiFi, servers, and controllers. MEC is widely used in location-based services, video surveillance, unified communication, data analytics, and environmental monitoring. It distributes computing resources across the network, provides more scalable performance, reduces network load, and hastens data transmission. It also reduces network congestion and latency and improves device performance. As a result, MEC finds extensive applications across the retail, telecommunications, energy, and healthcare industries.

Mobile Edge Computing (MEC) Market Trends:

  • Significant growth in the telecommunications industry across the globe is creating a positive outlook for the market. MEC enables telecommunication businesses to lessen their reliance on the cloud and assist in processing large volumes of data generated by devices. In line with this, the widespread technology adoption in various industrial verticals to improve quality of experience (QoE), provide low latency computing, and enhance operational efficiency is favoring the market growth. Furthermore, the growing need to manage enormous data traffic due to the rapid proliferation of smartphones and interconnected devices is acting as another growth-inducing factor. Additionally, the rising MEC utilization in emerging technologies, such as artificial intelligence (AI), the Internet of Things (IoT), and federated learning (FL) to reduce power consumption, improve response time, and enhance performance by offering higher bandwidth is providing an impetus to market growth. The increasing demand for the solution can also be attributed to the rising need to facilitate the expansion of fifth-generation (5G) technology by enabling automation and scalability, providing privacy and security, and ensuring significant cost savings. Other factors, including extensive research and development (R&D) activities towards developing new hardware, and emerging product applications in augmented and virtual reality (AR/VR), are anticipated to drive the market growth.

Key Market Segmentation:

  • IMARC Group provides an analysis of the key trends in each sub-segment of the global mobile edge computing (MEC) market report, along with forecasts at the global, regional and country level from 2023-2028. Our report has categorized the market based on component, organization size and application.

Breakup by Component:

  • Hardware
  • Software

Breakup by Organization Size:

  • Small and Medium Enterprises
  • Large Enterprises

Breakup by Application:

  • Location-based Services
  • Video Surveillance
  • Unified Communication
  • Optimized Local Content Distribution
  • Data Analytics
  • Environmental Monitoring

Breakup by Region:

  • North America
  • United States
  • Canada
  • Asia-Pacific
  • China
  • Japan
  • India
  • South Korea
  • Australia
  • Indonesia
  • Others
  • Europe
  • Germany
  • France
  • United Kingdom
  • Italy
  • Spain
  • Russia
  • Others
  • Latin America
  • Brazil
  • Mexico
  • Others
  • Middle East and Africa

Competitive Landscape:

  • The competitive landscape of the industry has also been examined along with the profiles of the key players being ADLINK Technology Inc., Advantech Co. Ltd., Artesyn Embedded Technologies (Advanced Energy Industries Inc.), AT&T Inc., Cisco Systems Inc., Huawei Technologies Co. Ltd., Intel Corporation, International Business Machines Corporation, Nokia Corporation, Saguna Networks Ltd. (COMSovereign Holding Corp), Telefonaktiebolaget LM Ericsson, Vapor IO Inc. and Vodafone Group Plc.

Key Questions Answered in This Report:

  • How has the global mobile edge computing (MEC) market performed so far and how will it perform in the coming years?
  • What has been the impact of COVID-19 on the global mobile edge computing (MEC) market?
  • What are the key regional markets?
  • What is the breakup of the market based on the component?
  • What is the breakup of the market based on the organization size?
  • What is the breakup of the market based on the application?
  • What are the various stages in the value chain of the industry?
  • What are the key driving factors and challenges in the industry?
  • What is the structure of the global mobile edge computing (MEC) market and who are the key players?
  • What is the degree of competition in the industry?
Product Code: SR1423A272_Report

Table of Contents

1 Preface

2 Scope and Methodology

  • 2.1 Objectives of the Study
  • 2.2 Stakeholders
  • 2.3 Data Sources
    • 2.3.1 Primary Sources
    • 2.3.2 Secondary Sources
  • 2.4 Market Estimation
    • 2.4.1 Bottom-Up Approach
    • 2.4.2 Top-Down Approach
  • 2.5 Forecasting Methodology

3 Executive Summary

4 Introduction

  • 4.1 Overview
  • 4.2 Key Industry Trends

5 Global Mobile Edge Computing (MEC) Market

  • 5.1 Market Overview
  • 5.2 Market Performance
  • 5.3 Impact of COVID-19
  • 5.4 Market Forecast

6 Market Breakup by Component

  • 6.1 Hardware
    • 6.1.1 Market Trends
    • 6.1.2 Market Forecast
  • 6.2 Software
    • 6.2.1 Market Trends
    • 6.2.2 Market Forecast

7 Market Breakup by Organization Size

  • 7.1 Small and Medium Enterprises
    • 7.1.1 Market Trends
    • 7.1.2 Market Forecast
  • 7.2 Large Enterprises
    • 7.2.1 Market Trends
    • 7.2.2 Market Forecast

8 Market Breakup by Application

  • 8.1 Location-based Services
    • 8.1.1 Market Trends
    • 8.1.2 Market Forecast
  • 8.2 Video Surveillance
    • 8.2.1 Market Trends
    • 8.2.2 Market Forecast
  • 8.3 Unified Communication
    • 8.3.1 Market Trends
    • 8.3.2 Market Forecast
  • 8.4 Optimized Local Content Distribution
    • 8.4.1 Market Trends
    • 8.4.2 Market Forecast
  • 8.5 Data Analytics
    • 8.5.1 Market Trends
    • 8.5.2 Market Forecast
  • 8.6 Environmental Monitoring
    • 8.6.1 Market Trends
    • 8.6.2 Market Forecast

9 Market Breakup by Region

  • 9.1 North America
    • 9.1.1 United States
      • 9.1.1.1 Market Trends
      • 9.1.1.2 Market Forecast
    • 9.1.2 Canada
      • 9.1.2.1 Market Trends
      • 9.1.2.2 Market Forecast
  • 9.2 Asia-Pacific
    • 9.2.1 China
      • 9.2.1.1 Market Trends
      • 9.2.1.2 Market Forecast
    • 9.2.2 Japan
      • 9.2.2.1 Market Trends
      • 9.2.2.2 Market Forecast
    • 9.2.3 India
      • 9.2.3.1 Market Trends
      • 9.2.3.2 Market Forecast
    • 9.2.4 South Korea
      • 9.2.4.1 Market Trends
      • 9.2.4.2 Market Forecast
    • 9.2.5 Australia
      • 9.2.5.1 Market Trends
      • 9.2.5.2 Market Forecast
    • 9.2.6 Indonesia
      • 9.2.6.1 Market Trends
      • 9.2.6.2 Market Forecast
    • 9.2.7 Others
      • 9.2.7.1 Market Trends
      • 9.2.7.2 Market Forecast
  • 9.3 Europe
    • 9.3.1 Germany
      • 9.3.1.1 Market Trends
      • 9.3.1.2 Market Forecast
    • 9.3.2 France
      • 9.3.2.1 Market Trends
      • 9.3.2.2 Market Forecast
    • 9.3.3 United Kingdom
      • 9.3.3.1 Market Trends
      • 9.3.3.2 Market Forecast
    • 9.3.4 Italy
      • 9.3.4.1 Market Trends
      • 9.3.4.2 Market Forecast
    • 9.3.5 Spain
      • 9.3.5.1 Market Trends
      • 9.3.5.2 Market Forecast
    • 9.3.6 Russia
      • 9.3.6.1 Market Trends
      • 9.3.6.2 Market Forecast
    • 9.3.7 Others
      • 9.3.7.1 Market Trends
      • 9.3.7.2 Market Forecast
  • 9.4 Latin America
    • 9.4.1 Brazil
      • 9.4.1.1 Market Trends
      • 9.4.1.2 Market Forecast
    • 9.4.2 Mexico
      • 9.4.2.1 Market Trends
      • 9.4.2.2 Market Forecast
    • 9.4.3 Others
      • 9.4.3.1 Market Trends
      • 9.4.3.2 Market Forecast
  • 9.5 Middle East and Africa
    • 9.5.1 Market Trends
    • 9.5.2 Market Breakup by Country
    • 9.5.3 Market Forecast

10 SWOT Analysis

  • 10.1 Overview
  • 10.2 Strengths
  • 10.3 Weaknesses
  • 10.4 Opportunities
  • 10.5 Threats

11 Value Chain Analysis

12 Porters Five Forces Analysis

  • 12.1 Overview
  • 12.2 Bargaining Power of Buyers
  • 12.3 Bargaining Power of Suppliers
  • 12.4 Degree of Competition
  • 12.5 Threat of New Entrants
  • 12.6 Threat of Substitutes

13 Price Analysis

14 Competitive Landscape

  • 14.1 Market Structure
  • 14.2 Key Players
  • 14.3 Profiles of Key Players
    • 14.3.1 ADLINK Technology Inc.
      • 14.3.1.1 Company Overview
      • 14.3.1.2 Product Portfolio
    • 14.3.2 Advantech Co. Ltd.
      • 14.3.2.1 Company Overview
      • 14.3.2.2 Product Portfolio
    • 14.3.3 Artesyn Embedded Technologies (Advanced Energy Industries Inc.)
      • 14.3.3.1 Company Overview
      • 14.3.3.2 Product Portfolio
    • 14.3.4 AT&T Inc.
      • 14.3.4.1 Company Overview
      • 14.3.4.2 Product Portfolio
    • 14.3.5 Cisco Systems Inc.
      • 14.3.5.1 Company Overview
      • 14.3.5.2 Product Portfolio
    • 14.3.6 Huawei Technologies Co. Ltd.
      • 14.3.6.1 Company Overview
      • 14.3.6.2 Product Portfolio
    • 14.3.7 Intel Corporation
      • 14.3.7.1 Company Overview
      • 14.3.7.2 Product Portfolio
    • 14.3.8 International Business Machines Corporation
      • 14.3.8.1 Company Overview
      • 14.3.8.2 Product Portfolio
    • 14.3.9 Nokia Corporation
      • 14.3.9.1 Company Overview
      • 14.3.9.2 Product Portfolio
    • 14.3.10 Saguna Networks Ltd. (COMSovereign Holding Corp)
      • 14.3.10.1 Company Overview
      • 14.3.10.2 Product Portfolio
    • 14.3.11 Telefonaktiebolaget LM Ericsson
      • 14.3.11.1 Company Overview
      • 14.3.11.2 Product Portfolio
    • 14.3.12 Vapor IO Inc.
      • 14.3.12.1 Company Overview
      • 14.3.12.2 Product Portfolio
    • 14.3.13 Vodafone Group Plc
      • 14.3.13.1 Company Overview
      • 14.3.13.2 Product Portfolio
Product Code: SR1423A272_Report

List of Figures

  • Figure 1: Global: Mobile Edge Computing Market: Major Drivers and Challenges
  • Figure 2: Global: Mobile Edge Computing Market: Sales Value (in Million US$), 2017-2022
  • Figure 3: Global: Mobile Edge Computing Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 4: Global: Mobile Edge Computing Market: Breakup by Component (in %), 2022
  • Figure 5: Global: Mobile Edge Computing Market: Breakup by Organization Size (in %), 2022
  • Figure 6: Global: Mobile Edge Computing Market: Breakup by Application (in %), 2022
  • Figure 7: Global: Mobile Edge Computing Market: Breakup by Region (in %), 2022
  • Figure 8: Global: Mobile Edge Computing (Hardware) Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 9: Global: Mobile Edge Computing (Hardware) Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 10: Global: Mobile Edge Computing (Software) Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 11: Global: Mobile Edge Computing (Software) Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 12: Global: Mobile Edge Computing (Small and Medium Enterprises) Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 13: Global: Mobile Edge Computing (Small and Medium Enterprises) Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 14: Global: Mobile Edge Computing (Large Enterprises) Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 15: Global: Mobile Edge Computing (Large Enterprises) Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 16: Global: Mobile Edge Computing (Location-based Services) Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 17: Global: Mobile Edge Computing (Location-based Services) Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 18: Global: Mobile Edge Computing (Video Surveillance) Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 19: Global: Mobile Edge Computing (Video Surveillance) Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 20: Global: Mobile Edge Computing (Unified Communication) Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 21: Global: Mobile Edge Computing (Unified Communication) Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 22: Global: Mobile Edge Computing (Optimized Local Content Distribution) Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 23: Global: Mobile Edge Computing (Optimized Local Content Distribution) Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 24: Global: Mobile Edge Computing (Data Analytics) Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 25: Global: Mobile Edge Computing (Data Analytics) Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 26: Global: Mobile Edge Computing (Environmental Monitoring) Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 27: Global: Mobile Edge Computing (Environmental Monitoring) Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 28: North America: Mobile Edge Computing Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 29: North America: Mobile Edge Computing Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 30: United States: Mobile Edge Computing Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 31: United States: Mobile Edge Computing Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 32: Canada: Mobile Edge Computing Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 33: Canada: Mobile Edge Computing Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 34: Asia-Pacific: Mobile Edge Computing Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 35: Asia-Pacific: Mobile Edge Computing Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 36: China: Mobile Edge Computing Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 37: China: Mobile Edge Computing Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 38: Japan: Mobile Edge Computing Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 39: Japan: Mobile Edge Computing Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 40: India: Mobile Edge Computing Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 41: India: Mobile Edge Computing Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 42: South Korea: Mobile Edge Computing Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 43: South Korea: Mobile Edge Computing Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 44: Australia: Mobile Edge Computing Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 45: Australia: Mobile Edge Computing Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 46: Indonesia: Mobile Edge Computing Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 47: Indonesia: Mobile Edge Computing Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 48: Others: Mobile Edge Computing Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 49: Others: Mobile Edge Computing Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 50: Europe: Mobile Edge Computing Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 51: Europe: Mobile Edge Computing Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 52: Germany: Mobile Edge Computing Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 53: Germany: Mobile Edge Computing Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 54: France: Mobile Edge Computing Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 55: France: Mobile Edge Computing Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 56: United Kingdom: Mobile Edge Computing Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 57: United Kingdom: Mobile Edge Computing Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 58: Italy: Mobile Edge Computing Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 59: Italy: Mobile Edge Computing Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 60: Spain: Mobile Edge Computing Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 61: Spain: Mobile Edge Computing Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 62: Russia: Mobile Edge Computing Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 63: Russia: Mobile Edge Computing Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 64: Others: Mobile Edge Computing Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 65: Others: Mobile Edge Computing Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 66: Latin America: Mobile Edge Computing Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 67: Latin America: Mobile Edge Computing Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 68: Brazil: Mobile Edge Computing Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 69: Brazil: Mobile Edge Computing Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 70: Mexico: Mobile Edge Computing Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 71: Mexico: Mobile Edge Computing Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 72: Others: Mobile Edge Computing Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 73: Others: Mobile Edge Computing Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 74: Middle East and Africa: Mobile Edge Computing Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 75: Middle East and Africa: Mobile Edge Computing Market: Breakup by Country (in %), 2022
  • Figure 76: Middle East and Africa: Mobile Edge Computing Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 77: Global: Mobile Edge Computing Industry: SWOT Analysis
  • Figure 78: Global: Mobile Edge Computing Industry: Value Chain Analysis
  • Figure 79: Global: Mobile Edge Computing Industry: Porter's Five Forces Analysis

List of Tables

  • Table 1: Global: Mobile Edge Computing Market: Key Industry Highlights, 2022 and 2028
  • Table 2: Global: Mobile Edge Computing Market Forecast: Breakup by Component (in Million US$), 2023-2028
  • Table 3: Global: Mobile Edge Computing Market Forecast: Breakup by Organization Size (in Million US$), 2023-2028
  • Table 4: Global: Mobile Edge Computing Market Forecast: Breakup by Application (in Million US$), 2023-2028
  • Table 5: Global: Mobile Edge Computing Market Forecast: Breakup by Region (in Million US$), 2023-2028
  • Table 6: Global: Mobile Edge Computing Market: Competitive Structure
  • Table 7: Global: Mobile Edge Computing Market: Key Players
Have a question?
Picture

Jeroen Van Heghe

Manager - EMEA

+32-2-535-7543

Picture

Christine Sirois

Manager - Americas

+1-860-674-8796

Questions? Please give us a call or visit the contact form.
Hi, how can we help?
Contact us!