openPR Logo
Press release

Mobile Edge Computing Market Technology Advancement and Trends 2023 to 2031 | (CAGR) of 31.6%

11-28-2023 07:47 AM CET | IT, New Media & Software

Press release from: Report Ocean

Mobile Edge Computing Market Technology Advancement and Trends

The global mobile edge computing market size was US$ 732.9 million in 2021. The global mobile edge market is projected to grow to US$ 1.9 billion by 2030 by registering a compound annual growth rate (CAGR) of 31.6% during the forecast period, i.e., 2021-30.

Request To Download Free Sample of This Strategic Report @https://reportocean.com/industry-verticals/sample-request?report_id=Pol1316

A ground-breaking method for facilitating cloud computing systems is mobile edge computing. This generally refers to the mechanisms that allow computing to take place at the network's edge.

Factors Influencing the Market
As businesses increasingly rely on cloud computing and storage solutions, the advent of IoT resulted in significant growth in data. There are concerns about the economic viability of shifting the whole IT sector to the cloud. With the aid of IoT sensors, actuators, and other IoT tools, these businesses are therefore always looking for edge computing resources, such as edge nodes, instruments, and hyper-located data centers. Thus, all of these factors will drive the growth of the mobile edge computing market during the study period.
The growing popularity of autonomous vehicles will open doors of opportunity for the edge computing market during the analysis period. In autonomous vehicles, mobile edge computing can make it feasible to use the gathered data more effectively and precisely. It makes it possible for edge computers to transfer unnecessary data to edge data centers while keeping vital data on board the vehicle.
The fact that edge computing helps speed up the process of processing the vast amounts of data generated through autonomous vehicles will boost the growth of the market in the coming years. On the flip side, the high initial investment associated with mobile edge computing may restrict the growth of the market during the analysis period.

COVID-19 Impact Analysis
Due to the COVID-19 pandemic, the automotive industry recorded a sharp drop in terms of revenue, which affected the mobile edge computing market. However, the rise in the adoption of advanced technology in the healthcare and agriculture segment efficiently boosted the growth of the mobile edge computing market.

Get a Free Sample PDF copy of the report @https://reportocean.com/industry-verticals/sample-request?report_id=Pol1316

Regional Analysis
North America dominated the mobile edge computing market in terms of revenue and is forecast to remain dominant throughout the projected period. It is owing to the steeply growing adoption of advanced technologies across the region's healthcare and agriculture sectors. In addition, the growing number of startups focusing on the development of advanced edge-enabled solutions will bring ample growth opportunities for the mobile edge computing market during the study period.

An early access program called MobiledgeX, Inc., for instance, is being developed by telecom firms like Telus Communications in Canada. It will allow developers to create tests and assess the effectiveness of edge-enabled applications even in a low latency setting.

Competitors in the Market
• Advantech Co., Ltd. (Taiwan)
• Adlink Technology Inc. (Taiwan)
• Artesyn Embedded Technologies Inc. (California, US)
• Brocade Communications Systems, Inc. (California, US)
• Huawei Technologies Co., Ltd. (Shenzhen, China)
• Juniper Networks, Inc. (California, US)
• Nokia Corporation (Espoo, Finland)
• Saguna Networks Ltd. (Israel)
• Vapor IO, Inc. (Texas, US)
• Vasona Networks, Inc. (California, US)
• Other Prominent Players

Market Segmentation
The mobile edge computing market segmentation focuses on Component, Industry Vertical, and Region.
By Component type:
• Hardware
• Software Services
• Edge-managed Platforms

Download Sample Report, SPECIAL OFFER (Avail an Up-to 30% discount on this report ) @https://reportocean.com/industry-verticals/sample-request?report_id=Pol1316

By Industry Vertical:
• Healthcare
• Agriculture
• Energy and utilities
By Regional Outlook
● North America
o The U.S.
o Canada
o Mexico
● Europe
▪ Western Europe
o The UK
o Germany
o France
o Italy
o Spain
o Rest of Western Europe
▪ Eastern Europe
o Poland
o Russia
o Rest of Eastern Europe
● Asia Pacific
o China
o India
o Japan
o Australia & New Zealand
o ASEAN
o Rest of Asia Pacific

Get The Insights You Need By Customizing Your Report To Fit Your Unique Needs And Goals:-https://reportocean.com/industry-verticals/sample-request?report_id=Pol1316

● Middle East & Africa (MEA)
o UAE
o Saudi Arabia
o South Africa
o Rest of MEA
● South America
o Brazil
o Argentina
o Rest of South America

Table of Content

Chapter 1: Global Mobile Edge Computing Industry Overview

Chapter 3: Market Dynamics

Chapter 4: Top Company Profiles

Chapter 5: Global Mobile Edge Computing market Competition, by Players

Chapter 6: Global Market Size by Regions

Chapter 7: Global Market Segment by Application

Chapter 8: Global Mobile Edge Computing Industry Segment by Type

Chapter 9: Market Chain, Sourcing Strategy, and Downstream Buyers

Chapter 10: Strategies and key policies by Distributors/Suppliers/Traders

Chapter 11: Key Marketing Strategy Analysis, by Market Vendors

Chapter 12: Market Effect Factors Analysis

Chapter 13: Global Mobile Edge Computing market Size Forecast (2023-2031).

Access Full Report Description, TOC, Table of Figure, Chart, etc.-https://reportocean.com/industry-verticals/sample-request?report_id=Pol1316

About Report Ocean:

Report Ocean is a renowned provider of market research reports, offering high-quality insights to clients in various industries. Their goal is to assist clients in achieving their top line and bottom line objectives, thereby enhancing their market share in today's competitive environment. As a trusted source for innovative market research reports, Report Ocean serves as a comprehensive solution for individuals, organizations, and industries seeking valuable market intelligence.

Contact Information:

Email:sales@reportocean.com

Address: 500 N Michigan Ave, Suite 600, Chicago, Illinois 60611, United States

Telephone: +1 888 212 3539 (US - Toll-Free)

For more information and to explore their offerings, visit their website at:https://www.reportocean.com/

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Mobile Edge Computing Market Technology Advancement and Trends 2023 to 2031 | (CAGR) of 31.6% here

News-ID: 3305963 • Views:

More Releases from Report Ocean

Japan Internet Advertising Market CAGR of 24.9%, Behind the Scenes Techniques for Deep Understanding of Consumer Behavior
Japan Internet Advertising Market CAGR of 24.9%, Behind the Scenes Techniques fo …
The Japan Internet Advertising Market has demonstrated remarkable growth, reaching a valuation of USD 29.49 Billion in 2021. With the digital landscape continually evolving, it is forecasted to soar to an impressive USD 112.04 Billion by 2027. This surge represents an anticipated compound annual growth rate (CAGR) of 24.9% over the projected period, highlighting the dynamic and rapidly expanding nature of the digital advertising sector in Japan. Internet Advertising are set
Location Analytics Market Through the Looking Glass Techniques for a Profound Understanding of Consumer Behavior
Location Analytics Market Through the Looking Glass Techniques for a Profound Un …
This comprehensive market research report offers an in-depth analysis of the global location analytics market from 2019 to 2026. Valued at USD 10,813.6 million in 2019, the market is forecasted to surge to USD 29,878.5 million by 2026, demonstrating a robust Compound Annual Growth Rate (CAGR) of 15.6% throughout the projection period. This report delves into the key drivers, restraints, opportunities, and challenges that are shaping the market, providing stakeholders
Affiliate Marketing Platform Market Eyes Wide Open Maximizing the Value of Observational Research in Consumer Behavior
Affiliate Marketing Platform Market Eyes Wide Open Maximizing the Value of Obser …
The Global Affiliate Marketing Platform Market, valued at USD 19,217.4 million in 2021, is projected to witness significant growth over the next decade, reaching an estimated value of USD 36,902.1 million by 2030. This report provides an in-depth analysis of the market dynamics, growth drivers, challenges, and opportunities that will influence the affiliate marketing landscape over the forecast period of 2021-2030. With a Compound Annual Growth Rate (CAGR) of 7.7%,
Global Clear Brine Fluids Market Growth Forecast and Trends (2022-2030)
Global Clear Brine Fluids Market Growth Forecast and Trends (2022-2030)
The global clear brine fluids market was valued at US$ 0.95 billion in 2021. It is anticipated to experience growth, reaching a valuation of US$ 1.39 billion by 2030. This growth trajectory translates to a compound annual growth rate (CAGR) of 3.1% during the forecast period from 2022 to 2030. Clear brine fluids, crucial in the oil and gas industry for drilling and completion processes, are poised for increased demand,

All 5 Releases


More Releases for Chapter

New Chapter-by-Chapter Column to Spotlight Local Authors Across the Sandhills
SANFORD, N.C. - September 2025 - Sandhills.News is launching Chapter-by-Chapter, a new column dedicated to celebrating writers from Moore, Lee, and Harnett counties. The series will highlight books, authors, and storytelling that reflect the culture and creativity of the Sandhills region. "This column is a way for neighbors to discover the writers in their own backyards," said Stephanie Sellers, editor of Sandhills.News. "It's about strengthening connections through literature and offering
Austin Bankruptcy Lawyers Guide Clients Through Chapter 7 & Chapter 13 Filings
Austin Bankruptcy Lawyers helps individuals and families in Texas overcome debt through Chapter 7 and Chapter 13 filings. The firm's bankruptcy attorney in Texas offers personalized legal support, clear guidance, and long-term financial solutions. Austin, TX - For many individuals and families in Austin, TX, who face overwhelming debt, bankruptcy provides a pathway to a fresh start. Austin Bankruptcy Lawyers provides comprehensive legal services for Chapter 7 and Chapter 13 filings.
New Jersey Bankruptcy Attorney Daniel Straffi Clarifies Key Differences Between …
New Jersey bankruptcy attorney Daniel Straffi (https://www.straffilaw.com/what-is-the-difference-between-new-jersey-bankruptcy-chapter-7-and-chapter-13/), of Straffi & Straffi Attorneys at Law, sheds light on the critical distinctions between Chapter 7 and Chapter 13 bankruptcy for individuals and small businesses facing financial challenges. When unexpected circumstances such as job loss, illness, or divorce lead to overwhelming debt, understanding these two legal pathways can provide much-needed relief. Daniel Straffi explains how each option offers tailored solutions to help debtors
Chapter 13 Lawyer Daniel Straffi Unveils Comprehensive Guide on Understanding Ch …
Chapter 13 lawyer [https://www.straffilaw.com/new-jersey-chapter-13-lawyer/] Daniel Straffi of Straffi & Straffi Attorneys at Law has recently published a detailed article enlightening individuals on the intricacies of Chapter 13 bankruptcy in New Jersey. This guide serves as an essential resource, offering clarity and direction for those grappling with significant debt and seeking financial rehabilitation. The article by the Chapter 13 lawyer provides an in-depth look at the "wage earner's plan," which is tailored
AFEA Welcomes New Chapter President
Leader in Financial Literacy Continues to Expand The American Financial Education Alliance is dedicated to providing financial education and increasing financial literacy within communities all over the country. Today, the Board of Directors has chosen to continue to do just that, by unanimously voting in Robert Wolf as the new Chapter President of AFEA’s Orange, CA Chapter. With the addition of Robert Wolf as the new Chapter President, AFEA is expanding
AFEA Welcomes New Chapter President
Leader in Financial Literacy Continues to Expand The American Financial Education Alliance is dedicated to providing financial education and increasing financial literacy within communities all over the country. Today, the Board of Directors has chosen to continue to do just that, by unanimously voting in Angelica Jones as the new Chapter President of AFEA’s Glendale, California Chapter. With the addition of Angelica Jones as the new Chapter President, AFEA is expanding