Multi Access Edge Computing Market Analysis, Trends, Growth, Research And Forecast 2032

The Business Research Company's global market reports are now updated with the latest market sizing information for the year 2023 and forecasted to 2032

The Business Research Company's Template Global Market Report 2023 identifies increase in the number of connected devices as the major driver for the template market's growth in the forecast period. The connected devices include computing hardware, laptop or desktop, mobile devices that connect with the internet and each other via various wired and wireless networks. The connected devices allow for a wide range of latency and bandwidth. As a result, it employs multi-access edge computing (MEC), which offers ultra-low latency and high bandwidth while allowing applications to make use of real-time radio network data.

The global multi-access edge computing market size grew from $2.6 billion in 2022 to $4.03 billion in 2023 at a compound annual growth rate (CAGR) of 55.0%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The multi-access edge computing market size is expected to grow to $28.43 billion in 2027 at a CAGR of 62.9%.

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Major competitors in the template market are ADLINK Technology Inc., Advantech Co Ltd., Nokia Corporation, Cisco Systems, IBM Corporation, Huawei Technologies Co. Ltd., Juniper Networks Inc.

A key trend in the template market includes emergence of hybrid computing architecture platforms. A hybrid cloud sometimes called a cloud hybrid is a computing environment that combines an on-premises data center with a public cloud, allowing data and applications to be shared between them. Multi-access edge computing is a network architecture that delivers cloud computing and an IT service environment at the network's edge. System manufacturers will connect multiple SMP machines using a high-speed interconnect to create a hybrid system with a communications model involving two different levels of service. For instance, in August 2020, Nutanix, a cloud computing firm has launched its hybrid cloud infrastructure 'Clusters' on AWS (Amazon Web Services) to migrate on-premise applications to the public cloud and maintain unified operations across multiple clouds.

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https://www.thebusinessresearchcompany.com/report/multi-access-edge-computing-global-market-report

The template market is segmented -
• By Component Type: Hardware, Software, Service

• By Organisation Size: Small And Medium Enterprise, Large Enterprise

• By Technology: Augmented Reality, Data Caching, Internet of Things, Real Time Video Analytics, Virtual Reality

• By End-User: IT And Telecom, Smart Cities, Smart Homes, And Smart Buildings, Datacenters, Energy And Utilities, Automotive And Governement, Other End Users

• By Geography: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. North America was the largest region in the template market.

The Business Research Company's "Global Template Market Report 2023" provides a thorough understanding of the market across 60 geographies. The report covers market size, growth rate, segments, drivers and trends in every region and country. In addition, the report offers insights on historical and forecast growth, helping players analyze and strategize better.

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The Table Of Content For The Template Market Include:
1. Executive Summary
2. Multi-Access Edge Computing Market Characteristics
3. Multi-Access Edge Computing Market Trends And Strategies
4. Multi-Access Edge Computing Market - Macro Economic Scenario
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
30. Appendix

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