2022 Multi-Access Edge Computing Market Report: Size, Trends, And Global Forecast To 2031
The regions covered in the multi-access edge computing market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa. Among these regions, North America accounts for the largest multi-access edge computing market share.
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The multi-access edge computing market consists of sales of multi-access edge computing hardware, software, and services by entities (organizations, sole traders, and partnerships) that are referred to as cloud services running at the edge of a network with an IT service environment and cloud computing capabilities. Multi-Access Edge Computing (MEC) shifts traffic and service processing from a centralized cloud to the network's edge, bringing it closer to the client. Rather than transmitting all data to the cloud for processing, the network edge analyses, processes, and stores data locally. Gathering and analyzing data closer to the customer minimizes latency and gives high-bandwidth applications real-time performance.
Major players in the multi-access edge computing market are ADLINK Technology Inc., Advantech Co Ltd., Nokia Corporation, Cisco Systems, IBM Corporation, Huawei Technologies Co. Ltd., Juniper Networks Inc., Saguna Networks Ltd., SpiderCloud Wireless, Vapor IO, FogHorn Systems, Vasona Networks (ZephyrTel), ZTE Corporation, Microsoft Corporation, and Intel.
The global multi-access edge computing market size is expected to grow from $1.72 billion in 2021 to $2.62 billion in 2022 at a compound annual growth rate (CAGR) of 51.9%. The global multi-access edge computing market size is expected to grow to $18.57 billion in 2026 at a CAGR of 63.2%.
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TBRC's report segments the global multi-access edge computing market:
1) By Component Type: Hardware, Software, Service
2) By Organization Size: Small and Medium Enterprise, Large Enterprise
3) By Technology: Augmented Reality, Data Caching, Internet of Things, Real Time Video Analytics, Virtual Reality
4) By End-User: IT and Telecom, Smart Cities, Smart Homes, and Smart Buildings, Datacenters, Energy and Utilities, Automotive and Governement, Others
Read Further On The Multi-Access Edge Computing Market Here:
The Table Of Contents Includes:
1. Executive Summary
2. Multi-Access Edge Computing Market Characteristics
3. Multi-Access Edge Computing Market Trends And Strategies
4. Impact Of COVID-19 On Multi-Access Edge Computing
5. Multi-Access Edge Computing Market Size And Growth
26. Africa Multi-Access Edge Computing Market
27. Multi-Access Edge Computing Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Multi-Access Edge Computing Market
29. Multi-Access Edge Computing Market Future Outlook and Potential Analysis
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