Dublin, June 24, 2024 (GLOBE NEWSWIRE) -- The "Mobile Edge Computing - Global Strategic Business Report" has been added to ResearchAndMarkets.com's offering.
The global market for Mobile Edge Computing is estimated at US$1.1 Billion in 2023 and is projected to reach US$6.4 Billion by 2030, growing at a CAGR of 24.8% from 2023 to 2030. This comprehensive report provides an in-depth analysis of market trends, drivers, and forecasts, helping you make informed business decisions.
Key Insights:
- Market Growth: Understand the significant growth trajectory of the Mobile Edge Computing Hardware segment, which is expected to reach US$4.4 Billion by 2030 with a CAGR of 23.5%. The Software & Services segment is also set to grow at 28.3% CAGR over the next 8 years.
- Regional Analysis: Gain insights into the U.S. market, estimated at $444.6 Million in 2023, and China, forecasted to grow at an impressive 29.7% CAGR to reach $581.5 Million by 2030. Discover growth trends in other key regions, including Japan, Canada, Germany, and the Asia-Pacific.
Key Market Trends & Drivers:
- Rise in IoT Ecosystem, the Cornerstone for Future Growth
- Rising Demand for High-Performance Mobile Applications Bodes Well for MEC in Telecommunication Sector
- 5G Networks to Inflate Market Demand
- Breakdown of Network Latency (in Milliseconds) by Network Type
- Accelerating Pace of Connected Care Adoption Drives Opportunities for Mobile Edge Computing
- Opportunities in Retail Sector
- Mobile Edge Computing to Gain Traction in BFSI
- Mobile Edge Computing Presents Landmark Technology for Media & Entertainment
- Low Latency & High Bandwidth Needs Create Ample Demand
- Edge-Powered Computing Offers Intriguing Advantages for Location-Based Applications
- Opportunities in Video Surveillance Ecosystem
- Reliable Data Analytics with Mobile Edge Computing
- Mobile Edge Computing Marks Paradigm Shift for Mobile Cloud Computing
Key Questions Answered:
- How is the Global Mobile Edge Computing Market expected to evolve by 2030?
- What are the main drivers and restraints affecting the market?
- Which market segments will grow the most over the forecast period?
- How will market shares for different regions and segments change by 2030?
- Who are the leading players in the market, and what are their prospects?
Report Features:
- Comprehensive Market Data: Independent analysis of annual sales and market forecasts in US$ Million from 2023 to 2030.
- In-Depth Regional Analysis: Detailed insights into key markets, including the U.S., China, Japan, Canada, Europe, Asia-Pacific, Latin America, Middle East, and Africa.
- Company Profiles: Coverage of major players such as Cisco Systems, Inc., AT&T, Inc., Broadcom Inc., and more.
- Complimentary Updates: Receive free report updates for one year to keep you informed of the latest market developments.
Select Competitors Featured:
- Cisco Systems, Inc.
- AT&T, Inc.
- Broadcom Inc.
- ADLINK Technology, Inc.
- Adva Optical Networking SE
- Cradlepoint, Inc.
- Comba Telecom Systems Holdings Ltd.
- Hewlett Packard Enterprise Development LP (HPE)
- Affirmed Networks
- ClearBlade, Inc.
- Core Network Dynamics
- Edge Intelligence, Inc.
- Cloudify
- EdgeConneX
- EdgeMicro
Why You Should Buy This Report:
- Detailed Market Analysis: Access a thorough analysis of the Global Mobile Edge Computing Market, covering all major geographic regions and market segments.
- Competitive Insights: Get an overview of the competitive landscape, including the market presence of major players across different geographies.
- Future Trends and Drivers: Understand the key trends and drivers shaping the future of the Global Mobile Edge Computing Market.
- Actionable Insights: Benefit from actionable insights that can help you identify new revenue opportunities and make strategic business decisions.
Key Attributes:
| Report Attribute | Details |
| No. of Pages | 481 |
| Forecast Period | 2023 - 2030 |
| Estimated Market Value (USD) in 2023 | $1.1 Billion |
| Forecasted Market Value (USD) by 2030 | $6.4 Billion |
| Compound Annual Growth Rate | 24.8% |
| Regions Covered | Global |
Key Topics Covered:
1. MARKET OVERVIEW
- Influencer Market Insights
- World Market Trajectories
- An Introduction to Mobile Edge Computing: Bringing Storage & Computing Closer to Edge of Network
- Organizations Influencing Mobile Edge Computing Industry
- Mobile Edge Computing Holds Compelling Merits and Supports New Applications
- Mobile Edge Computing Emerges as Key Technology to Reduce Network Congestion
- Market Overview & Outlook
- Network Benefits and Performance Gains Enable Mobile Edge Computing Market to Post Healthy Growth
- Key Issues Related to Mobile Edge Computing
- Market Analysis by Component
- Application Market Analysis
- World Mobile Edge Computing Market by Application (2020 & 2017): Percentage Breakdown of Revenues for Location-Based Services, Video Surveillance, Unified Communication, Data Analytics, and Other Applications
- IT & Telecom: The Largest Vertical Market
- World Mobile Edge Computing Market by Vertical (2020 & 2017): Percentage Breakdown of Revenues for IT & Telecom, Media & Entertainment, BFSI, Retail, Healthcare, and Other Verticals
- Transformation of the Telecom Industry with MEC
- Regional Analysis
- World Mobile Edge Computing Market (2020 & 2027): Percentage Breakdown of Revenues for Developed and Developing Regions
- World Mobile Edge Computing Market - Geographic Regions Ranked by Value CAGR for 2020-2027: China, Asia-Pacific, Rest of World, USA, Europe, Canada, and Japan
- Competitive Scenario
- Recent Market Activity
- Mobile Edge Computing - Global Key Competitors Percentage Market Share in 2023 (E)
- Competitive Market Presence - Strong/Active/Niche/Trivial for Players Worldwide in 2023 (E)
2. FOCUS ON SELECT PLAYERS
3. MARKET TRENDS & DRIVERS
4. GLOBAL MARKET PERSPECTIVE
- World Recent Past, Current & Future Analysis for Hardware by Geographic Region - Independent Analysis of Annual Revenues in US$ Thousand for Years 2023 through 2030 and % CAGR
- World 7-Year Perspective for Hardware by Geographic Region - Percentage Breakdown of Value Revenues for Years 2024 & 2030
- World Recent Past, Current & Future Analysis for Software & Services by Geographic Region - Independent Analysis of Annual Revenues in US$ Thousand for Years 2023 through 2030 and % CAGR
- World 7-Year Perspective for Software & Services by Geographic Region - Percentage Breakdown of Value Revenues for Years 2024 & 2030
- World Recent Past, Current & Future Analysis for Location-Based Services by Geographic Region - Independent Analysis of Annual Revenues in US$ Thousand for Years 2023 through 2030 and % CAGR
- World 7-Year Perspective for Location-Based Services by Geographic Region - Percentage Breakdown of Value Revenues for Years 2024 & 2030
- World Recent Past, Current & Future Analysis for Video Surveillance by Geographic Region - Independent Analysis of Annual Revenues in US$ Thousand for Years 2023 through 2030 and % CAGR
- World 7-Year Perspective for Video Surveillance by Geographic Region - Percentage Breakdown of Value Revenues for Years 2024 & 2030
- World Recent Past, Current & Future Analysis for Unified Communication by Geographic Region - Independent Analysis of Annual Revenues in US$ Thousand for Years 2023 through 2030 and % CAGR
- World 7-Year Perspective for Unified Communication by Geographic Region - Percentage Breakdown of Value Revenues for Years 2024 & 2030
- World Recent Past, Current & Future Analysis for Data Analytics by Geographic Region - Independent Analysis of Annual Revenues in US$ Thousand for Years 2023 through 2030 and % CAGR
- World 7-Year Perspective for Data Analytics by Geographic Region - Percentage Breakdown of Value Revenues for Years 2024 & 2030
- World Recent Past, Current & Future Analysis for Other Applications by Geographic Region - Independent Analysis of Annual Revenues in US$ Thousand for Years 2023 through 2030 and % CAGR
- World 7-Year Perspective for Other Applications by Geographic Region - Percentage Breakdown of Value Revenues for Years 2024 & 2030
- World Recent Past, Current & Future Analysis for IT & Telecom by Geographic Region - Independent Analysis of Annual Revenues in US$ Thousand for Years 2023 through 2030 and % CAGR
- World 7-Year Perspective for IT & Telecom by Geographic Region - Percentage Breakdown of Value Revenues for Years 2024 & 2030
- World Recent Past, Current & Future Analysis for Media & Entertainment by Geographic Region - Independent Analysis of Annual Revenues in US$ Thousand for Years 2023 through 2030 and % CAGR
- World 7-Year Perspective for Media & Entertainment by Geographic Region - Percentage Breakdown of Value Revenues for Years 2024 & 2030
- World Recent Past, Current & Future Analysis for BFSI by Geographic Region - Independent Analysis of Annual Revenues in US$ Thousand for Years 2023 through 2030 and % CAGR
- World 7-Year Perspective for BFSI by Geographic Region - Percentage Breakdown of Value Revenues for Years 2024 & 2030
- World Recent Past, Current & Future Analysis for Retail by Geographic Region - Independent Analysis of Annual Revenues in US$ Thousand for Years 2023 through 2030 and % CAGR
- World 7-Year Perspective for Retail by Geographic Region - Percentage Breakdown of Value Revenues for Years 2024 & 2030
- World Recent Past, Current & Future Analysis for Healthcare by Geographic Region - Independent Analysis of Annual Revenues in US$ Thousand for Years 2023 through 2030 and % CAGR
- World 7-Year Perspective for Healthcare by Geographic Region - Percentage Breakdown of Value Revenues for Years 2024 & 2030
- World Recent Past, Current & Future Analysis for Other Verticals by Geographic Region - Independent Analysis of Annual Revenues in US$ Thousand for Years 2023 through 2030 and % CAGR
- World 7-Year Perspective for Other Verticals by Geographic Region - Percentage Breakdown of Value Revenues for 2024 & 2030
- World Mobile Edge Computing Market Analysis of Annual Sales in US$ Thousand for Years 2020 through 2030
- World Recent Past, Current & Future Analysis for Mobile Edge Computing by Geographic Region - Independent Analysis of Annual Revenues in US$ Thousand for Years 2023 through 2030 and % CAGR
- World 7-Year Perspective for Mobile Edge Computing by Geographic Region - Percentage Breakdown of Value Revenues for Years 2024 & 2030
For more information about this report visit https://www.researchandmarkets.com/r/hqffbx
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