TechSci Press Release

Increasing data traffic and rising demand for mobile edge communication systemsare some major factors driving the growth of global mobile edge computing market. According to TechSci Research report,  “Global  Mobile Edge Computing Market  By Component (Hardware, Software), By Application (Location-Based Services, Video Surveillance, Unified Communication, Optimized Local Content Distribution, Data Analytics, Environmental Monitoring, Others), By Organization Size (Small and Medium Enterprises (SMEs), Large Enterprises), By Technology (Global 4G, Global 5G, Global Wi-Max), By Industry Vertical (BFSI, Retail & E-Commerce, Manufacturing, Government & Defense, Energy & Utilities, IT & Telecom, Education, Healthcare, Others), By Region, Forecast &Opportunities,2025” , the market is anticipated to witness a significant CAGR during the forecast period on account ofincreasing number of interconnected devices which is forcing enterprises to improve end-user's Q...

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...