Mobile Edge Computing Market Opportunities: A Comprehensive Analysis by Our Research Firm
The global mobile edge computing market size reached USD 488.4 Million in 2021 and is expected to register a revenue CAGR of 31.2% during the forecast period, according to latest analysis by Emergen Research. Increasing adoption of Internet of Things (IoT) in mobile edge computing is the key factor driving market revenue growth. Mobile edge computing is one of the defining technologies for visualizing IoT, which simply entails computational speed and processing at network's edge. Many issues associated with proliferation of cloud networks can be addressed by enabling connectivity at network's edge and boosting network performance while lowering latency. Growing implementation of IoT is gaining significant traction from various industrial verticals to improve flow of business operations. Number of IoT connections grew by 8% in 2021 from the previous year and in 2023, number of IoT-enabled devices globally is estimated to rise to 43 billion. In addition, increasing penetration of smart devices has helped implementation of IoT technologies. It is expected that investments in IoT will increase significantly due to introduction of new sensors, enhanced computing power, and better network connectivity, which is expected to boost revenue growth of the mobile edge computing market.
The comprehensive and significant market research study on Mobile Edge Computing offers business strategies, qualitative and quantitative analyses, and emerging trends. The report provides an in-depth examination and analysis of the key elements of the global Mobile Edge Computing market. By conducting extensive primary and secondary research and analysing the drivers, constraints, challenges, trends, and opportunities of the Mobile Edge Computing market, the research analysts created this report.
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The study outlines the rapidly evolving and growing market segments along with valuable insights into each element of the industry. The industry has witnessed the entry of several new players, and the report aims to deliver insightful information about their transition and growth in the market. Mergers, acquisitions, partnerships, agreements, product launches, and joint ventures are all outlined in the report.
The leading market contenders listed in the report are:
Adlink Technology Inc., Artesyn Embedded Technologies Inc., Juniper Networks Inc., IBM Corporation, Intel Corporation, Brocade Communications Systems, Inc., Huawei Technologies Co., Ltd., Vasona Networks, Inc., Vapor IO, Inc. and Saguna Networks Ltd
Research Report on the Mobile Edge Computing Market Addresses the Following Key Questions:
- Who are the dominant players of the Mobile Edge Computing market?
- Which regional market is anticipated to have a high growth rate over the projected period?
- What consumer trends and demands are expected to influence the operations of the market players in the Mobile Edge Computing market?
- What are the key growth drivers and restraining factors of the Mobile Edge Computing market?
- What are the expansion plans and strategic investment plans undertaken by the players to gain a robust footing in the market?
- What is the overall impact of the COVID-19 pandemic on the Mobile Edge Computing market and its key segments?
Browse Full Report Description + Research Methodology + Table of Content + Infographics@ https://www.emergenresearch.com/industry-report/mobile-edge-computing-market
Emergen Research has segmented the global Mobile Edge Computing market on the basis of type, type of care, and region
Segments Covered in this report are:
Component Outlook (Revenue, USD Million; 2019-2030)
- Hardware
- Software
- Services
Organization Size Outlook (Revenue, USD Million; 2019-2030)
- Large Enterprises
- Small and Medium-sized Enterprises (SMEs)
Application Outlook (Revenue, USD Million; 2019-2030)
- Location-based Services
- Unified Communication
- Data Analytics
- Environmental Monitoring
- Optimized Local Content Distribution
- Video Surveillance
In conclusion, the Mobile Edge Computing Market report is an exhaustive database that will help readers formulate lucrative strategies. The Mobile Edge Computing Market report studies the latest economic scenario with value, drivers, constraints, growth opportunities, challenges, demand and supply ratio, production capacity, import/export status, growth rate, and others. Additionally, the report also undertakes SWOT Analysis and Porter’s Five Forces Analysis to study the leading companies.
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