Dublin, Oct. 07, 2024 (GLOBE NEWSWIRE) -- The "Growth Opportunities for Telecommunications Companies in Private Multi-access Edge Computing, 2024-2029" report has been added to ResearchAndMarkets.com's offering.
This study identifies growth opportunities for telcos in the global private MEC sector. It provides a list of potential revenue streams, the telcos' total addressable market (TAM), and insights into which areas are expected to generate the most revenue.
Private multi-access edge computing (MEC) involves deploying dedicated computing and networking resources on a client's premises. It prioritizes ultra-low latency, data security, and customization, making it ideal for industrial automation, smart factories, and applications demanding real-time control and stringent data privacy.
This segment of the MEC industry is experiencing significant growth, with providers in North America, Europe, the Middle East, and Asia-Pacific launching commercial offerings and experiencing increased adoption. In the next 5 years, edge computing is poised to revolutionize the way industries operate and consumers live, transform organizational structures, and drive innovation.
Private MEC offers telecommunication companies (telcos) a chance to create innovative business-to-business (B2B) services like data monetization through edge-based Internet of Things (IoT), analytics, and artificial intelligence (AI). This high-growth market is driven by the need for real-time data processing and network resilience for businesses.
The study also sizes the growth opportunities (ranging from $100 million to over a billion) and analyzes them qualitatively, offering recommendations on how telcos should leverage the changes emerging from this space. The base year for the study is 2023, and the forecast period is from 2024 to 2029.
Growth Opportunity Universe
- Hardware Reselling as a Revenue Stream
- Professional Services and the Telco Advantage
- Enhanced Connectivity
- Software as a Revenue Stream
- Managed Services as a Revenue Stream
- Cloud Services as a Revenue Stream
- Application Hosting and Management as a Revenue Stream
- Value-added Services and the Telco Advantage
Key Topics Covered:
Strategic Imperatives
- Why is it Increasingly Difficult to Grow?
- The Strategic Imperative
- The Impact of the Top 3 Strategic Imperatives on the Private Multi-access Edge Computing Industry
- Growth Opportunities Fuel the Growth Pipeline Engine
Growth Opportunity Analysis
- Scope of Analysis
- Market Definition - Edge Computing and MEC Concepts
- Market Definition - Private MEC
- Key Private MEC Competitors
- Growth Metrics
- Growth Environment
- Growth Drivers
- Growth Restraints
- Forecast Assumptions
- Revenue Forecast
- Revenue Forecast by Type
- Revenue Forecast Analysis
- Revenue Forecast Analysis by Type
- Revenue Streams for Telcos in Private MEC
- Private MEC Applications Across Industries
- Competitive Environment
- Cooperation Agreements for MEC Standardization and Interoperability
For more information about this report visit https://www.researchandmarkets.com/r/8uxnu4
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