Mobile Edge Computing Market by Component, Application (Location-based Services, Unified Communication, Optimized Local Content Distribution, Data Analytics, Environmental Monitoring), Organization Size, and region - Global Forecast to 2027
発行: Meticulous Market Research Pvt. Ltd.
ページ情報: 英文 129 Pages
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The research report titled "Mobile Edge Computing Market by Component, Application (Location-based Services, Unified Communication, Optimized Local Content Distribution, Data Analytics, Environmental Monitoring), Organization Size, and Region - Global Forecast to 2027" provides an in-depth analysis of mobile edge computing market in five major geographies and emphasizes on the current market trends, market size, market share, recent developments, and forecast till 2027. The mobile edge computing market is expected to reach $2.8 billion by 2027, growing at a CAGR of 30.1% during the forecast period of 2019 to 2027.
The rapidly increasing mobile data traffic, along with the rising need to enhance quality and rising demand for low-latency processing and real-time automated decision-making solutions, are expected to drive the growth of the market. However, the lack of required infrastructure and deployment capabilities can obstruct the growth of this market. The study offers a comprehensive analysis of the mobile edge computing market with respect to component, application, organization size, and geography. The study also evaluates industry competitors and analyses the market at a country level.
Based on component, the hardware segment is expected to account for the largest share of the market in 2020. The growing investment for 5G deployments across the telecommunication industry to improve service quality is one of the key factors fueling mobile edge computing hardware investments, including edge gateways and hyper-converged infrastructure.
Based on application, the location-based services segment is expected to account for the largest share of the mobile edge computing market in 2020. The large share of the segment can be attributed to the increased data generation.
Based on organization size, the large enterprises segment is expected to account for the largest share of the market in 2020. The increasing demand of employees to access computing resources and applications ubiquitously while ensuring proper data storage drives the demand of edge computing solutions among large enterprises.
The market is geographically segmented into five major regions, namely, North America, Europe, Asia-Pacific, Latin America, and the Middle East and Africa. The North America region commanded the largest share of the overall mobile edge computing market in 2020. However, the Asia-Pacific region is expected to witness rapid growth during the forecast period owing to increased investments in telecommunication sectors, government initiatives to encourage digitalization, heavy investments in IoT and cloud technologies, and high penetration of smart devices in emerging economies, such as India and China.
The key players operating in the mobile edge computing market are Huawei Technologies Co., Ltd. (China), Saguna Networks, Ltd. (Israel), Juniper Networks, Inc. (U.S.), IBM Corporation (U.S.), Intel Corporation (U.S.), Vapor IO (U.S.), ZephyrTel (U.S.), AT&T, Inc. (U.S.), Nokia Corporation (Finland), Renesas Electronics Corporation (Japan), Corning, Inc. (U.S.), Adlink Technology, Inc. (Taiwan), Advantech Co., Ltd. (Taiwan), Emerson Electric Co. (U.S.), and GigaSpaces Technologies, Inc. (U.S.), among others.
Mobile Edge Computing Market, by Component
Mobile Edge Computing Market, by Application
Mobile Edge Computing Market, by Organization Size
Mobile Edge Computing Market, by Geography
2 Research Methodology
3 Executive Summary
4 Market Insights
5 Mobile Edge Computing Market, by Component
6 Mobile Edge Computing Market, by Application
7 Mobile Edge Computing Market, by Organization Size
8 Mobile Edge Computing Market, by Geography
9 Competitive Landscape
10 Company Profile (Business Overview, Financial Overview, Product and Service Portfolio, Strategic Developments)