Mobile Edge Computing Market Growth Is Increasing Due To Rising Adoption Of Smart Devices Such As Smartphone and Tablets For Real Time Access And Social Media Access | TechSci Research

According to TechSci Research, Global mobile edge computing market is anticipated to undergo significant growth by 2027 owing to increasing data traffic which is leading to the rising demand for mobile edge communication systems. Increasing adoption of smart devices such as smartphone & tablets for real time access and social media access is another key factor driving the mobile edge computing market growth.

Additionally, increase in the number of interconnected devices is leading to upsurge in the demand for telecom and network services. Enterprises are focusing on delivering high bandwidth and low latency which is further fuelling the demand for mobile edge computing market. Mobile edge computing reduces congestion on mobile networks by bringing data closer to the end user and thereby streaming it directly to their phones.

The global mobile edge computing market is categorized based on component, application, organization size, technology, industry vertical and region. Based on application, the market is segmented into location-based services, video surveillance, unified communication, optimized local content distribution, data analytics, environmental monitoring and others. The data analytics application is expected to undergo the fastest growth during the forecast period. They are extensively being used to capture key information for analytics and big data owing to its proximity to the source of information.

Regionally, Asia Pacific is anticipated to register fastest growth in the global mobile edge computing market. The increasing adoption of smart devices such as tablets, smartphones, etc. as well as growing emergence of e-commerce in the region are some key factors which are propelling the growth of mobile edge computing market.

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Some of the major players operating in the global mobile edge computing market are Adlink Technology Inc., Advantech Co. Ltd., Artesyn Embedded Technologies Inc., Gigaspaces Technologies Inc., Huawei Technologies Co. Ltd., IBM Corporation, Integrated Device Technology, Inc., Juniper Networks, Inc., Nokia Corporation, among others. Leading players are utilizing the enhancement in the network bandwidth due to the 5G services. They are also undergoing other growth strategies like merger and acquisitions to increase their global presence.

Objective of the Study:

  • To analyze and forecast market size of the global mobile edge computing market, in terms of value.
  • To define, classify and forecast the global mobile edge computing market on the basis of component, application, organization size, technology, industry vertical and regional distribution.
  • To scrutinize the detailed market segmentation and forecast the market size, in terms of value, on the basis of region by segmenting global mobile edge computing market into five regions, namely, North America, South America, Europe, Asia Pacific and MEA.
  • To identify tailwinds and headwinds for the global mobile edge computing market.
  • To examine competitive developments such as expansions, launches and mergers & acquisitions in the global mobile edge computing market.
  • To evaluate competitor and trends in the global mobile edge computing market.
  • To strategically profile the leading players, which are involved in the supply of mobile edge computing globally.

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TechSci Research performed primary as well as exhaustive secondary research for this study. Initially, TechSci Research sourced a list of mobile edge computing providers and suppliers globally. Subsequently, TechSci Research conducted primary research surveys with the identified companies. While interviewing, the respondents were also enquired about their competitors. Through this technique, TechSci Research was able to include providers and suppliers that could not be identified due to the limitations of secondary research. TechSci Research analysed components, application and regional presence of all major mobile edge computing providers across the globe.

TechSci Research calculated the market size for the global mobile edge computing market using a bottom-up approach, where providers’ value data for different applications of mobile edge computing was recorded as well as forecast for the future years was made. TechSci Research sourced these values from industry experts and company representatives, and externally validated through analyzing historical sales data of respective providers and suppliers to arrive at the overall market size. Various secondary sources such as company annual reports, white papers, investor presentations and financial reports were also used by the TechSci Research.

Key Target Audience:

  1. Global mobile edge computing service providers
  2. Global mobile edge computing suppliers 
  3. Research organizations and consulting companies
  4. Organizations, associations and alliances related to mobile edge computing services
  5. Government bodies such as regulating authorities and policy makers.
  6. Industry associations
  7. Market research and consulting firms

The study is useful in providing answers to several critical questions that are important for industry stakeholders, such as providers, suppliers and policy makers, which market segments should be targeted over the mobile edge computing coming years (next five years) in order to strategize investments and capitalize on growth of the market.

Contact

Mr. Ken Mathews

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Manhattan, NY,

New York – 10017

Tel: +1-646-360-1656

Email: sales@techsciresearch.com

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