Dublin, Aug. 24, 2022 (GLOBE NEWSWIRE) -- The "Global Multi-Access Edge Computing Growth Opportunities" report has been added to ResearchAndMarkets.com's offering.
The global multi-access edge computing (MEC) market is growing as telecom operators and cloud providers launch commercial services and begin to scale.
5G technology offers lower latency and higher capacity. Together with MEC, it brings computing power closer to customers, enabling new applications and experiences. Telecom operators now deploy smaller data centers closer to customers at the network's edge to optimize application performance.
However, telecom operators cannot implement and manage MEC alone. They must establish partnerships and an application ecosystem to seize growth opportunities in the MEC space. Telecom operators have started partnering with cloud providers such as Amazon Web Services, Microsoft Azure, Google Cloud, and IBM Cloud to improve the performance of mission-critical applications and enable new applications over wireless networks.
Three major computing revolutions have occurred in industrial applications: mainframe, client server, and cloud computing. Picking up where these paradigms left off, edge computing is establishing itself as a foundational technology for industrial enterprises, offering shorter latencies, robust security, responsive data collection, and lower costs.
It is highly relevant in hyperconnected industrial environments as its solution-agnostic nature enables its use in various applications, including autonomous assets, remote asset monitoring, data extraction from stranded assets, autonomous robotics, autonomous vehicles, smart factories, oilfield operations management, machine monitoring, and smart campuses.
The MEC market presents growth opportunities in various consumer and enterprise use cases and applications that require low-latency connectivity to boost the user experience.
For consumers, innovative applications for MEC include 5G gaming and augmented reality, virtual reality, and ultra-high-definition streaming.
For enterprises, telecom operators deploy private wireless networks to enable manufacturing 4.0, automated mining, precision agriculture, industrial internet of things (IIoT), and other compelling applications.
The study period is from 2019 to 2025, with 2021 as the base year.
Key Topics Covered:
1. Strategic Imperatives
- Why is it Increasingly Difficult to Grow?
- The Strategic Imperative: Factors Creating Pressure on Growth
- The Impact of the Top 3 Strategic Imperatives on the Multi-access Edge Computing Industry
- Growth Opportunities Fuel the Growth Pipeline Engine
2. Growth Opportunity Analysis
- Scope of Analysis
- Market Definition-Edge Computing and MEC Concepts
- Market Definition-Computing Revolutions
- Segmentation by Participant
- Key Competitors
- 3 Core Elements of 5G-eMBB, uMTC, and MMTC
- Key Questions Addressed
- Growth Metrics
- Growth Environment
- Growth Drivers
- Growth Restraints
- Forecast Assumptions
- Revenue Forecast
- Revenue Forecast by Type
- Revenue Forecast by Offering
- Revenue Forecast by Participant
- Revenue Forecast by Region
- Revenue Forecast by Vertical
- Revenue Forecast Analysis by Type
- Revenue Forecast Analysis by Offering
- Revenue Forecast Analysis by Participant
- Revenue Forecast Analysis by Region
- Revenue Forecast Analysis by Vertical
- Competitive Environment
- Cooperation Agreements for MEC Standardization and Interoperability
- Spending Growth on 5G Edge Hardware and Services
3. Competitive Profiles of Telecom Operators
- AT&T-MEC Profile
- Bell Canada-MEC Profile
- China Mobile-MEC Profile
- China Telecom-MEC Profile
- China Unicom-MEC Profile
- Deutsche Telekom-MEC Profile
- Telefonica-MEC Profile
- KT Corporation-MEC Profile
- Orange-MEC Profile
- Verizon-MEC Profile
- Vodafone-MEC Profile
4. Competitive Profiles of Cloud Providers and Technology Companies
- AWS-MEC Profile
- Google Cloud-MEC Profile
- IBM-MEC Profile
- MS Azure-MEC Profile
- Intel-MEC Profile
- Cisco-MEC Profile
- Ericsson-MEC Profile
5. Growth Opportunity Universe
- Growth Opportunity 1: Mobile Gaming for Interactive and Networked Entertainment
- Growth Opportunity 2: Connected/Autonomous Vehicles for Efficient and Accident-Free Transportation
- Growth Opportunity 3: AR for Human Cognition Augmentation and VR for Highly Immersive and Interactive Experiences
- Growth Opportunity 4: UHD Video Streaming to Support Increased Video-on-Demand Consumption on Mobile
- Growth Opportunity 5: IoT/AI/ML Inferencing for Computer Vision and Other Analytics-as-a-Service Solutions
- Growth Opportunity 6: Industry 4.0 Solutions for Enhanced Productivity and Zero Accidents
- Growth Opportunity 7: Smart City Applications to Serve Citizens Better and Reduce Costs and Carbon Dioxide Emissions
6. Next Steps
For more information about this report visit https://www.researchandmarkets.com/r/tm5gkd
