Change Language

Select Language

COVID-19
The pandemic continues to cause unprecedented disruption across industries worldwide.
Get detailed insights regarding the impact of COVID-19 on the market.

Mobile Edge Computing (MEC) Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027

Market Overview:

The global mobile edge computing (MEC) market size reached US$ 475.7 Million in 2021. Looking forward, IMARC Group expects the market to reach US$ 2,172.86 Million by 2027, exhibiting a growth rate (CAGR) of 27.60% during 2022-2027. Keeping in mind the uncertainties of COVID-19, we are continuously tracking and evaluating the direct as well as the indirect influence of the pandemic on different end use industries. These insights are included in the report as a major market contributor.

Mobile edge computing (MEC) is an emerging technology that aims to move infrastructure-based cloud resources, such as computation, storage, and bandwidth, to the edge of the cellular network. It establishes the network edge by utilizing various access points, such as routers, switches, hotspots, WiFi, servers, and controllers. MEC is widely used in location-based services, video surveillance, unified communication, data analytics, and environmental monitoring. It distributes computing resources across the network, provides more scalable performance, reduces network load, and hastens data transmission. It also reduces network congestion and latency and improves device performance. As a result, MEC finds extensive applications across the retail, telecommunications, energy, and healthcare industries.

Mobile Edge Computing (MEC) Market Trends:

Significant growth in the telecommunications industry across the globe is creating a positive outlook for the market. MEC enables telecommunication businesses to lessen their reliance on the cloud and assist in processing large volumes of data generated by devices. In line with this, the widespread technology adoption in various industrial verticals to improve quality of experience (QoE), provide low latency computing, and enhance operational efficiency is favoring the market growth. Furthermore, the growing need to manage enormous data traffic due to the rapid proliferation of smartphones and interconnected devices is acting as another growth-inducing factor. Additionally, the rising MEC utilization in emerging technologies, such as artificial intelligence (AI), the Internet of Things (IoT), and federated learning (FL) to reduce power consumption, improve response time, and enhance performance by offering higher bandwidth is providing an impetus to market growth. The increasing demand for the solution can also be attributed to the rising need to facilitate the expansion of fifth-generation (5G) technology by enabling automation and scalability, providing privacy and security, and ensuring significant cost savings. Other factors, including extensive research and development (R&D) activities towards developing new hardware, and emerging product applications in augmented and virtual reality (AR/VR), are anticipated to drive the market growth.

Key Market Segmentation:

IMARC Group provides an analysis of the key trends in each sub-segment of the global mobile edge computing (MEC) market report, along with forecasts at the global, regional and country level from 2022-2027. Our report has categorized the market based on component, organization size and application.

Breakup by Component:

  • Hardware
  • Software
     

Breakup by Organization Size:

  • Small and Medium Enterprises
  • Large Enterprises
     

Breakup by Application:

  • Location-based Services
  • Video Surveillance
  • Unified Communication
  • Optimized Local Content Distribution
  • Data Analytics
  • Environmental Monitoring
     

Breakup by Region:

  • North America
    • United States
    • Canada
  • Asia-Pacific
    • China
    • Japan
    • India
    • South Korea
    • Australia
    • Indonesia
    • Others
  • Europe
    • Germany
    • France
    • United Kingdom
    • Italy
    • Spain
    • Russia
    • Others
  • Latin America
    • Brazil
    • Mexico
    • Others
  • Middle East and Africa
     

Competitive Landscape:

The competitive landscape of the industry has also been examined along with the profiles of the key players being ADLINK Technology Inc., Advantech Co. Ltd., Artesyn Embedded Technologies (Advanced Energy Industries Inc.), AT&T Inc., Cisco Systems Inc., Huawei Technologies Co. Ltd., Intel Corporation, International Business Machines Corporation, Nokia Corporation, Saguna Networks Ltd. (COMSovereign Holding Corp), Telefonaktiebolaget LM Ericsson, Vapor IO Inc. and Vodafone Group Plc.

Report Coverage:

Report Features Details
Base Year of the Analysis 2021
    Historical Period 2016-2021
Forecast Period 2022-2027
Units US$ Million
Segment Coverage Component, Organization Size, Application, Region
Region Covered  Asia Pacific, Europe, North America, Latin America, Middle East and Africa
Countries Covered United States, Canada, Germany, France, United Kingdom, Italy, Spain, Russia, China, Japan, India, South Korea, Australia, Indonesia, Brazil, Mexico
Companies Covered ADLINK Technology Inc., Advantech Co. Ltd., Artesyn Embedded Technologies (Advanced Energy Industries Inc.), AT&T Inc., Cisco Systems Inc., Huawei Technologies Co. Ltd., Intel Corporation, International Business Machines Corporation, Nokia Corporation, Saguna Networks Ltd. (COMSovereign Holding Corp), Telefonaktiebolaget LM Ericsson, Vapor IO Inc. and Vodafone Group Plc.
Customization Scope 10% Free Customization
Report Price and Purchase Option Single User License: US$ 2499
Five User License: US$ 3499
Corporate License: US$ 4499
Post-Sale Analyst Support 10-12 Weeks
Delivery Format PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request)

 

Key Questions Answered in This Report:

  • How has the global mobile edge computing (MEC) market performed so far and how will it perform in the coming years?
  • What has been the impact of COVID-19 on the global mobile edge computing (MEC) market?
  • What are the key regional markets?
  • What is the breakup of the market based on the component?
  • What is the breakup of the market based on the organization size?
  • What is the breakup of the market based on the application?
  • What are the various stages in the value chain of the industry?
  • What are the key driving factors and challenges in the industry?
  • What is the structure of the global mobile edge computing (MEC) market and who are the key players?
  • What is the degree of competition in the industry?

1    Preface
2    Scope and Methodology

    2.1    Objectives of the Study
    2.2    Stakeholders
    2.3    Data Sources
        2.3.1    Primary Sources
        2.3.2    Secondary Sources
    2.4    Market Estimation
        2.4.1    Bottom-Up Approach
        2.4.2    Top-Down Approach
    2.5    Forecasting Methodology
3    Executive Summary
4    Introduction

    4.1    Overview
    4.2    Key Industry Trends
5    Global Mobile Edge Computing (MEC) Market
    5.1    Market Overview
    5.2    Market Performance
    5.3    Impact of COVID-19
    5.4    Market Forecast
6    Market Breakup by Component
    6.1    Hardware
        6.1.1 Market Trends
        6.1.2 Market Forecast
    6.2    Software
        6.2.1 Market Trends
        6.2.2 Market Forecast
7    Market Breakup by Organization Size
    7.1    Small and Medium Enterprises
        7.1.1 Market Trends
        7.1.2 Market Forecast
    7.2    Large Enterprises
        7.2.1 Market Trends
        7.2.2 Market Forecast
8    Market Breakup by Application
    8.1    Location-based Services
        8.1.1 Market Trends
        8.1.2 Market Forecast
    8.2    Video Surveillance
        8.2.1 Market Trends
        8.2.2 Market Forecast
    8.3    Unified Communication
        8.3.1 Market Trends
        8.3.2 Market Forecast
    8.4    Optimized Local Content Distribution
        8.4.1 Market Trends
        8.4.2 Market Forecast
    8.5    Data Analytics
        8.5.1 Market Trends
        8.5.2 Market Forecast
    8.6    Environmental Monitoring
        8.6.1 Market Trends
        8.6.2 Market Forecast
9    Market Breakup by Region
    9.1    North America
        9.1.1 United States
           9.1.1.1 Market Trends
           9.1.1.2 Market Forecast
        9.1.2 Canada
           9.1.2.1 Market Trends
           9.1.2.2 Market Forecast
    9.2    Asia-Pacific
        9.2.1 China
           9.2.1.1 Market Trends
           9.2.1.2 Market Forecast
        9.2.2 Japan
           9.2.2.1 Market Trends
           9.2.2.2 Market Forecast
        9.2.3 India
           9.2.3.1 Market Trends
           9.2.3.2 Market Forecast
        9.2.4 South Korea
           9.2.4.1 Market Trends
           9.2.4.2 Market Forecast
        9.2.5 Australia
           9.2.5.1 Market Trends
           9.2.5.2 Market Forecast
        9.2.6 Indonesia
           9.2.6.1 Market Trends
           9.2.6.2 Market Forecast
        9.2.7 Others
           9.2.7.1 Market Trends
           9.2.7.2 Market Forecast
    9.3    Europe
        9.3.1 Germany
           9.3.1.1 Market Trends
           9.3.1.2 Market Forecast
        9.3.2 France
           9.3.2.1 Market Trends
           9.3.2.2 Market Forecast
        9.3.3 United Kingdom
           9.3.3.1 Market Trends
           9.3.3.2 Market Forecast
        9.3.4 Italy
           9.3.4.1 Market Trends
           9.3.4.2 Market Forecast
        9.3.5 Spain
           9.3.5.1 Market Trends
           9.3.5.2 Market Forecast
        9.3.6 Russia
           9.3.6.1 Market Trends
           9.3.6.2 Market Forecast
        9.3.7 Others
           9.3.7.1 Market Trends
           9.3.7.2 Market Forecast
    9.4    Latin America
        9.4.1 Brazil
           9.4.1.1 Market Trends
           9.4.1.2 Market Forecast
        9.4.2 Mexico
           9.4.2.1 Market Trends
           9.4.2.2 Market Forecast
        9.4.3 Others
           9.4.3.1 Market Trends
           9.4.3.2 Market Forecast
    9.5    Middle East and Africa
        9.5.1 Market Trends
        9.5.2 Market Breakup by Country
        9.5.3 Market Forecast
10    SWOT Analysis
    10.1    Overview
    10.2    Strengths
    10.3    Weaknesses
    10.4    Opportunities
    10.5    Threats
11    Value Chain Analysis
12    Porters Five Forces Analysis

    12.1    Overview
    12.2    Bargaining Power of Buyers
    12.3    Bargaining Power of Suppliers
    12.4    Degree of Competition
    12.5    Threat of New Entrants
    12.6    Threat of Substitutes
13    Price Analysis
14    Competitive Landscape

    14.1    Market Structure
    14.2    Key Players
    14.3    Profiles of Key Players
        14.3.1    ADLINK Technology Inc.
           14.3.1.1 Company Overview
           14.3.1.2 Product Portfolio
        14.3.2    Advantech Co. Ltd.
           14.3.2.1 Company Overview
           14.3.2.2 Product Portfolio
        14.3.3    Artesyn Embedded Technologies (Advanced Energy Industries Inc.)
           14.3.3.1 Company Overview
           14.3.3.2 Product Portfolio
        14.3.4    AT&T Inc.
           14.3.4.1 Company Overview
           14.3.4.2 Product Portfolio
        14.3.5    Cisco Systems Inc.
           14.3.5.1 Company Overview
           14.3.5.2 Product Portfolio
        14.3.6    Huawei Technologies Co. Ltd.
           14.3.6.1 Company Overview
           14.3.6.2 Product Portfolio
        14.3.7    Intel Corporation
           14.3.7.1 Company Overview
           14.3.7.2 Product Portfolio
        14.3.8    International Business Machines Corporation
           14.3.8.1 Company Overview
           14.3.8.2 Product Portfolio
        14.3.9    Nokia Corporation
           14.3.9.1 Company Overview
           14.3.9.2 Product Portfolio
        14.3.10    Saguna Networks Ltd. (COMSovereign Holding Corp)
           14.3.10.1 Company Overview
           14.3.10.2 Product Portfolio
        14.3.11    Telefonaktiebolaget LM Ericsson
           14.3.11.1 Company Overview
           14.3.11.2 Product Portfolio
        14.3.12    Vapor IO Inc.
           14.3.12.1 Company Overview
           14.3.12.2 Product Portfolio
        14.3.13    Vodafone Group Plc
           14.3.13.1 Company Overview
           14.3.13.2 Product Portfolio

List of Figures

Figure 1: Global: Mobile Edge Computing Market: Major Drivers and Challenges
Figure 2: Global: Mobile Edge Computing Market: Sales Value (in Million US$), 2016-2021
Figure 3: Global: Mobile Edge Computing Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 4: Global: Mobile Edge Computing Market: Breakup by Component (in %), 2021
Figure 5: Global: Mobile Edge Computing Market: Breakup by Organization Size (in %), 2021
Figure 6: Global: Mobile Edge Computing Market: Breakup by Application (in %), 2021
Figure 7: Global: Mobile Edge Computing Market: Breakup by Region (in %), 2021
Figure 8: Global: Mobile Edge Computing (Hardware) Market: Sales Value (in Million US$), 2016 & 2021
Figure 9: Global: Mobile Edge Computing (Hardware) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 10: Global: Mobile Edge Computing (Software) Market: Sales Value (in Million US$), 2016 & 2021
Figure 11: Global: Mobile Edge Computing (Software) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 12: Global: Mobile Edge Computing (Small and Medium Enterprises) Market: Sales Value (in Million US$), 2016 & 2021
Figure 13: Global: Mobile Edge Computing (Small and Medium Enterprises) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 14: Global: Mobile Edge Computing (Large Enterprises) Market: Sales Value (in Million US$), 2016 & 2021
Figure 15: Global: Mobile Edge Computing (Large Enterprises) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 16: Global: Mobile Edge Computing (Location-based Services) Market: Sales Value (in Million US$), 2016 & 2021
Figure 17: Global: Mobile Edge Computing (Location-based Services) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 18: Global: Mobile Edge Computing (Video Surveillance) Market: Sales Value (in Million US$), 2016 & 2021
Figure 19: Global: Mobile Edge Computing (Video Surveillance) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 20: Global: Mobile Edge Computing (Unified Communication) Market: Sales Value (in Million US$), 2016 & 2021
Figure 21: Global: Mobile Edge Computing (Unified Communication) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 22: Global: Mobile Edge Computing (Optimized Local Content Distribution) Market: Sales Value (in Million US$), 2016 & 2021
Figure 23: Global: Mobile Edge Computing (Optimized Local Content Distribution) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 24: Global: Mobile Edge Computing (Data Analytics) Market: Sales Value (in Million US$), 2016 & 2021
Figure 25: Global: Mobile Edge Computing (Data Analytics) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 26: Global: Mobile Edge Computing (Environmental Monitoring) Market: Sales Value (in Million US$), 2016 & 2021
Figure 27: Global: Mobile Edge Computing (Environmental Monitoring) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 28: North America: Mobile Edge Computing Market: Sales Value (in Million US$), 2016 & 2021
Figure 29: North America: Mobile Edge Computing Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 30: United States: Mobile Edge Computing Market: Sales Value (in Million US$), 2016 & 2021
Figure 31: United States: Mobile Edge Computing Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 32: Canada: Mobile Edge Computing Market: Sales Value (in Million US$), 2016 & 2021
Figure 33: Canada: Mobile Edge Computing Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 34: Asia-Pacific: Mobile Edge Computing Market: Sales Value (in Million US$), 2016 & 2021
Figure 35: Asia-Pacific: Mobile Edge Computing Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 36: China: Mobile Edge Computing Market: Sales Value (in Million US$), 2016 & 2021
Figure 37: China: Mobile Edge Computing Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 38: Japan: Mobile Edge Computing Market: Sales Value (in Million US$), 2016 & 2021
Figure 39: Japan: Mobile Edge Computing Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 40: India: Mobile Edge Computing Market: Sales Value (in Million US$), 2016 & 2021
Figure 41: India: Mobile Edge Computing Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 42: South Korea: Mobile Edge Computing Market: Sales Value (in Million US$), 2016 & 2021
Figure 43: South Korea: Mobile Edge Computing Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 44: Australia: Mobile Edge Computing Market: Sales Value (in Million US$), 2016 & 2021
Figure 45: Australia: Mobile Edge Computing Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 46: Indonesia: Mobile Edge Computing Market: Sales Value (in Million US$), 2016 & 2021
Figure 47: Indonesia: Mobile Edge Computing Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 48: Others: Mobile Edge Computing Market: Sales Value (in Million US$), 2016 & 2021
Figure 49: Others: Mobile Edge Computing Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 50: Europe: Mobile Edge Computing Market: Sales Value (in Million US$), 2016 & 2021
Figure 51: Europe: Mobile Edge Computing Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 52: Germany: Mobile Edge Computing Market: Sales Value (in Million US$), 2016 & 2021
Figure 53: Germany: Mobile Edge Computing Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 54: France: Mobile Edge Computing Market: Sales Value (in Million US$), 2016 & 2021
Figure 55: France: Mobile Edge Computing Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 56: United Kingdom: Mobile Edge Computing Market: Sales Value (in Million US$), 2016 & 2021
Figure 57: United Kingdom: Mobile Edge Computing Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 58: Italy: Mobile Edge Computing Market: Sales Value (in Million US$), 2016 & 2021
Figure 59: Italy: Mobile Edge Computing Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 60: Spain: Mobile Edge Computing Market: Sales Value (in Million US$), 2016 & 2021
Figure 61: Spain: Mobile Edge Computing Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 62: Russia: Mobile Edge Computing Market: Sales Value (in Million US$), 2016 & 2021
Figure 63: Russia: Mobile Edge Computing Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 64: Others: Mobile Edge Computing Market: Sales Value (in Million US$), 2016 & 2021
Figure 65: Others: Mobile Edge Computing Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 66: Latin America: Mobile Edge Computing Market: Sales Value (in Million US$), 2016 & 2021
Figure 67: Latin America: Mobile Edge Computing Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 68: Brazil: Mobile Edge Computing Market: Sales Value (in Million US$), 2016 & 2021
Figure 69: Brazil: Mobile Edge Computing Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 70: Mexico: Mobile Edge Computing Market: Sales Value (in Million US$), 2016 & 2021
Figure 71: Mexico: Mobile Edge Computing Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 72: Others: Mobile Edge Computing Market: Sales Value (in Million US$), 2016 & 2021
Figure 73: Others: Mobile Edge Computing Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 74: Middle East and Africa: Mobile Edge Computing Market: Sales Value (in Million US$), 2016 & 2021
Figure 75: Middle East and Africa: Mobile Edge Computing Market: Breakup by Country (in %), 2021
Figure 76: Middle East and Africa: Mobile Edge Computing Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 77: Global: Mobile Edge Computing Industry: SWOT Analysis
Figure 78: Global: Mobile Edge Computing Industry: Value Chain Analysis
Figure 79: Global: Mobile Edge Computing Industry: Porter's Five Forces Analysis

List of Tables

Table 1: Global: Mobile Edge Computing Market: Key Industry Highlights, 2021 and 2027
Table 2: Global: Mobile Edge Computing Market Forecast: Breakup by Component (in Million US$), 2022-2027
Table 3: Global: Mobile Edge Computing Market Forecast: Breakup by Organization Size (in Million US$), 2022-2027
Table 4: Global: Mobile Edge Computing Market Forecast: Breakup by Application (in Million US$), 2022-2027
Table 5: Global: Mobile Edge Computing Market Forecast: Breakup by Region (in Million US$), 2022-2027
Table 6: Global: Mobile Edge Computing Market: Competitive Structure
Table 7: Global: Mobile Edge Computing Market: Key Players


Note: We value your privacy and will never rent or sell your email address. Privacy policy

Need more help?

  •   Speak to our experienced analysts for insights on the current market scenarios.
  •   Include additional segments and countries to customize the report as per your requirement.
  •   Gain an unparalleled competitive advantage in your domain by understanding how to utilize the report and positively impacting your operations and revenue.
  •   For further assistance, please connect with our analysts.

Purchase Options




$ 2499

REACH OUT TO US

Call us on

( US: +1-631-791-1145 )
( UK: +44-753-713-2163 )
( India: +91 120 433 0800 )


Drop us an email at

sales@imarcgroup.com

Social Links

4