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Multi-Access Edge Computing Market to 2024 | Industry Statistics, Emerging Demands, Forecast to 2031 | CHIRON Group SE DMG Mori Co., Ltd. Fadal Engineering

10-18-2024 12:11 PM CET | Business, Economy, Finances, Banking & Insurance

Press release from: orion market research

Multi-Access Edge Computing Market

Multi-Access Edge Computing Market

Multi-access edge computing market is anticipated to grow at a considerable CAGR of 11.4% during the forecast period (2024-2031). The growing adoption of ultra-low latency and high bandwidth technology along with 5G data network is the key factor supporting the growth of the market globally. The increasing demand for MEC allows computing, network, and mobile service providers to shift some of the computing and cloud-based processes to the edge of the network environment, achieving better performance, latency, and security resulting drive the growth of the market. The market players are introducing multi-access edge computing solutions that further bolster the market growth.

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Multi-access edge computing lowers latency by bringing compute capabilities closer to the end user, 5G speeds can increase up to ten times faster than 4G. Edge computing and 5G are two closely related technologies that have the potential to greatly enhance application performance and allow for the real-time processing of massive volumes of data.

full report of Multi-Access Edge Computing Market available @ https://www.omrglobal.com/industry-reports/multi-access-edge-computing-market

• Market Coverage
• Market number available for - 2024-2031
• Base year- 2024
• Forecast period- 2024-2031
• Segment Covered- By Source, By Product Type, By Applications
• Competitive Landscape- Archer Daniels Midland Co., Ingredion Inc., Kerry Group Plc, Cargill
• Inc., and others

Global Multi-Access Edge Computing Market Report Segment
By Solution
• Hardware
• Software
• Services

By Network Type
• Wireless MEC
• Wired MEC

By End-User
• IT & Telecom
• Data centers
• Energy & Utilities
• Automotive
• Manufacturing
• Retail
• Healthcare
• Others (Smart Cities, Smart Homes, & Smart Buildings)

Global Multi-Access Edge Computing Market Report Segment by Region
North America
• United States
• Canada
Europe
• UK
• Germany
• Italy
• Spain
• France
• Rest of Europe
Asia-Pacific
• China
• India
• Japan
• South Korea
• Rest of Asia-Pacific
Rest of the World
• Latin America
• Middle East & Africa

The Report Covers
• Market value data analysis of 2023 and forecast to 2031.
• Annualized market revenues ($ million) for each market segment.
• Country-wise analysis of major geographical regions.
• Key companies operating in the global multi-access edge computing market. Based on the availability of data, information related to new product launches, and relevant news is also available in the report.
• Analysis of business strategies by identifying the key market segments positioned for strong growth in the future.
• Analysis of market-entry and market expansion strategies.
• Competitive strategies by identifying 'who-stands-where' in the market.

For More Customized Data, Request for Report Customization @ https://www.omrglobal.com/report-customization/multi-access-edge-computing-market

About Orion Market Research
Orion Market Research (OMR) is a market research and consulting company known for its crisp and concise reports. The company is equipped with an experienced team of analysts and consultants. OMR offers quality syndicated research reports, customized research reports, consulting and other research-based services. The company also offer Digital Marketing services through its subsidiary OMR Digital and Software development and Consulting Services through another subsidiary Encanto Technologies.

Media Contact:
Company Name: Orion Market Research
Contact Person: Mr. Anurag Tiwari
Email: info@omrglobal.com
Contact no: +91 780-304-0404

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