Multi-access Edge Computing Market is Anticipated to Grow US$ 29.30 Bn By 2030

The global Multi-access Edge Computing market size is expected to reach USD 29.30 billion by 2030 and is expected to expand at a CAGR of 48% from 2021 to 2030.

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Growth Factors

 Rise in the adoption of Over The Top (OTT) media streaming services and emerging demand among individuals to gain access to personalized content is expected to drive the market growth. Increasing number of users adopting the OTT video delivery model is expected to promote telecom companies and mobile networks to upgrade their existing infrastructure.

Increasing number of IoT devices and the emerging need to gain access to real-time analysis of data generated by them is expected to drive MEC market growth. Furthermore, multi-access edge computing deployment allows the improvisation of resource utilization and alleviation of routing and computing burdens due to deployment via virtual machine from the network edge to cloud computing centers.

The growing adoption of IoT devices across several industries is expected to drive market growth. The need for faster decision-making in industries such as IT and telecom, manufacturing, transportation and logistics, and datacenters, owing to the generation of the vast amount of data, is encouraging the adoption of multi-access edge computing (MEC) technology.

Report Coverage

Report Scope Details
Market Size USD 29.30 billion by 2030
Growth Rate CAGR of 48% From 2021 to 2030
Base Year 2020
Historic Data 2017 to 2020
Forecast Period 2021 to 2030
Segments Covered Solution, End-use
Regional Scope North America, Europe, Asia Pacific, Latin America, Middle East & Africa
Companies Mentioned ADLINK Technology Inc.; Advantech Co., Ltd.; FogHorn Systems; HPE; Huawei Technologies Co., Ltd.; Juniper Networks Inc.; Saguna Networks Ltd.; Artesyn Technologies; Vapor IO; ZephyrTel

Report Highlights

The presence of several IoT devices in a multi-access edge computing-based ecosystem facilitates the need to have dedicated software that works and functions according to the available MEC architecture. The growing need to use the software as per the given ecosystem to exercise multi-level load-balancing, distributed processing, and content synchronization is promoting the growth of the software segment.

The hardware segment captured more than 36% revenue share in 2020. The rapid increase in the number of connected devices and accompanying need to engage in real-time decision-making is paving the way for the adoption of enhanced data centers and servers.

The IT and telecom segment captured the largest revenue share of more than 33% in 2020. The commercial rollout of the 5G delivery system offers users to experience ultra-low latency and very high bandwidth for efficient transfer and analysis of data resolution, which is expected to further promote companies to leverage MEC practices.

North America emerged as the market leader with more than 40.05% revenue share in 2020. The Federal Communications Commission (FCC) in the U.S. has implemented strategic initiatives, such as the 5G FAST PLAN, which is envisioned to accelerate 5G deployment in the country.

Asia Pacific captured a significant revenue share in 2020. Companies in the region are offering the combined functionality of cloud computing and edge computing solutions to extend MEC architecture for commercial services.

Key Players

  • ADLINK Technology Inc.
  • Advantech Co., Ltd.
  • FogHorn Systems
  • Hewlett Packard Enterprise Development LP
  • Huawei Technologies Co., Ltd.
  • Juniper Networks, Inc.
  • Saguna Networks Ltd.
  • SMART Embedded Computing (Artesyn Technologies)
  • Vapor IO
  • ZephyrTel

Market Segmentation

  • Solution
    • Hardware
    • Software
    • Services
  • End-use
    • IT & Telecom
    • Smart Cities, Smart Homes, & Smart Buildings
    • Datacenters
    • Energy & Utilities
    • Automotive
    • Others (Healthcare, Agriculture)
  • Regional
    • North America
      • U.S.
      • Canada
    • Europe
      • Germany
      • U.K.
    • Asia Pacific
      • China
      • India
      • Japan
    • Latin America
      • Brazil
      • Mexico
    • MEA

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Reasons to Purchase this Report:– Market segmentation analysis including qualitative and quantitative research incorporating the impact of economic and policy aspects
– Regional and country level analysis integrating the demand and supply forces that are influencing the growth of the market.
– Market value USD Million and volume Units Million data for each segment and sub-segment
– Competitive landscape involving the market share of major players, along with the new projects and strategies adopted by players in the past five years
– Comprehensive company profiles covering the product offerings, key financial information, recent developments, SWOT analysis, and strategies employed by the major market players

Table of Contents

Chapter 1.  Introduction

1.1.  Research Objective

1.2.  Scope of the Study

1.3.  Definition

Chapter 2.  Research Methodology

2.1.  Research Approach

2.2.  Data Sources

2.3.  Assumptions & Limitations

Chapter 3.  Executive Summary

3.1.  Market Snapshot

Chapter 4.  Market Variables and Scope

4.1.  Introduction

4.2.  Market Classification and Scope

4.3.  Industry Value Chain Analysis

4.3.1.    Raw Material Procurement Analysis

4.3.2.    Sales and Distribution Channel Analysis

4.3.3.    Downstream Buyer Analysis

Chapter 5.  Market Dynamics Analysis and Trends

5.1.  Market Dynamics

5.1.1.    Market Drivers

5.1.2.    Market Restraints

5.1.3.    Market Opportunities

5.2.  Porter’s Five Forces Analysis

5.2.1.    Bargaining power of suppliers

5.2.2.    Bargaining power of buyers

5.2.3.    Threat of substitute

5.2.4.    Threat of new entrants

5.2.5.    Degree of competition

Chapter 6.  Competitive Landscape

6.1.1.    Company Market Share/Positioning Analysis

6.1.2.    Key Strategies Adopted by Players

6.1.3.    Vendor Landscape

6.1.3.1.        List of Suppliers

6.1.3.2.        List of Buyers

Chapter 7.  Global Multi-access Edge Computing Market, By Solution

7.1.  Multi-access Edge Computing Market, by Solution, 2021-2030

7.1.1.    Hardware

7.1.1.1.        Market Revenue and Forecast (2017-2030)

7.1.2.    Software

7.1.2.1.        Market Revenue and Forecast (2017-2030)

7.1.3.    Services

7.1.3.1.        Market Revenue and Forecast (2017-2030)

Chapter 8.  Global Multi-access Edge Computing Market, By End-use

8.1.  Multi-access Edge Computing Market, by End-use, 2021-2030

8.1.1.    IT & Telecom

8.1.1.1.        Market Revenue and Forecast (2017-2030)

8.1.2.    Smart Cities, Smart Homes, & Smart Buildings

8.1.2.1.        Market Revenue and Forecast (2017-2030)

8.1.3.    Datacenters

8.1.3.1.        Market Revenue and Forecast (2017-2030)

8.1.4.    Energy & Utilities

8.1.4.1.        Market Revenue and Forecast (2017-2030)

8.1.5.    Automotive

8.1.5.1.        Market Revenue and Forecast (2017-2030)

8.1.6.    Others (Healthcare, Agriculture)

8.1.6.1.        Market Revenue and Forecast (2017-2030)

Chapter 9.  Global Multi-access Edge Computing Market, Regional Estimates and Trend Forecast

9.1.  North America

9.1.1.    Market Revenue and Forecast, by Solution (2017-2030)

9.1.2.    Market Revenue and Forecast, by End-use (2017-2030)

9.1.3.    U.S.

9.1.3.1.        Market Revenue and Forecast, by Solution (2017-2030)

9.1.3.2.        Market Revenue and Forecast, by End-use (2017-2030)

9.1.4.    Rest of North America

9.1.4.1.        Market Revenue and Forecast, by Solution (2017-2030)

9.1.4.2.        Market Revenue and Forecast, by End-use (2017-2030)

9.2.  Europe

9.2.1.    Market Revenue and Forecast, by Solution (2017-2030)

9.2.2.    Market Revenue and Forecast, by End-use (2017-2030)

9.2.3.    UK

9.2.3.1.        Market Revenue and Forecast, by Solution (2017-2030)

9.2.3.2.        Market Revenue and Forecast, by End-use (2017-2030)

9.2.4.    Germany

9.2.4.1.        Market Revenue and Forecast, by Solution (2017-2030)

9.2.4.2.        Market Revenue and Forecast, by End-use (2017-2030)

9.2.5.    France

9.2.5.1.        Market Revenue and Forecast, by Solution (2017-2030)

9.2.5.2.        Market Revenue and Forecast, by End-use (2017-2030)

9.2.6.    Rest of Europe

9.2.6.1.        Market Revenue and Forecast, by Solution (2017-2030)

9.2.6.2.        Market Revenue and Forecast, by End-use (2017-2030)

9.3.  APAC

9.3.1.    Market Revenue and Forecast, by Solution (2017-2030)

9.3.2.    Market Revenue and Forecast, by End-use (2017-2030)

9.3.3.    India

9.3.3.1.        Market Revenue and Forecast, by Solution (2017-2030)

9.3.3.2.        Market Revenue and Forecast, by End-use (2017-2030)

9.3.4.    China

9.3.4.1.        Market Revenue and Forecast, by Solution (2017-2030)

9.3.4.2.        Market Revenue and Forecast, by End-use (2017-2030)

9.3.5.    Japan

9.3.5.1.        Market Revenue and Forecast, by Solution (2017-2030)

9.3.5.2.        Market Revenue and Forecast, by End-use (2017-2030)

9.3.6.    Rest of APAC

9.3.6.1.        Market Revenue and Forecast, by Solution (2017-2030)

9.3.6.2.        Market Revenue and Forecast, by End-use (2017-2030)

9.4.  MEA

9.4.1.    Market Revenue and Forecast, by Solution (2017-2030)

9.4.2.    Market Revenue and Forecast, by End-use (2017-2030)

9.4.3.    GCC

9.4.3.1.        Market Revenue and Forecast, by Solution (2017-2030)

9.4.3.2.        Market Revenue and Forecast, by End-use (2017-2030)

9.4.4.    North Africa

9.4.4.1.        Market Revenue and Forecast, by Solution (2017-2030)

9.4.4.2.        Market Revenue and Forecast, by End-use (2017-2030)

9.4.5.    South Africa

9.4.5.1.        Market Revenue and Forecast, by Solution (2017-2030)

9.4.5.2.        Market Revenue and Forecast, by End-use (2017-2030)

9.4.6.    Rest of MEA

9.4.6.1.        Market Revenue and Forecast, by Solution (2017-2030)

9.4.6.2.        Market Revenue and Forecast, by End-use (2017-2030)

9.5.  Latin America

9.5.1.    Market Revenue and Forecast, by Solution (2017-2030)

9.5.2.    Market Revenue and Forecast, by End-use (2017-2030)

9.5.3.    Brazil

9.5.3.1.        Market Revenue and Forecast, by Solution (2017-2030)

9.5.3.2.        Market Revenue and Forecast, by End-use (2017-2030)

9.5.4.    Rest of LATAM

9.5.4.1.        Market Revenue and Forecast, by Solution (2017-2030)

9.5.4.2.        Market Revenue and Forecast, by End-use (2017-2030)

Chapter 10.  Company Profiles

10.1.              ADLINK Technology Inc.

10.1.1.  Company Overview

10.1.2.  Solution Offerings

10.1.3.  Financial Performance

10.1.4.  Recent Initiatives

10.2.              Advantech Co., Ltd.

10.2.1.  Company Overview

10.2.2.  Solution Offerings

10.2.3.  Financial Performance

10.2.4.  Recent Initiatives

10.3.              FogHorn Systems

10.3.1.  Company Overview

10.3.2.  Solution Offerings

10.3.3.  Financial Performance

10.3.4.  Recent Initiatives

10.4.              Hewlett Packard Enterprise Development LP

10.4.1.  Company Overview

10.4.2.  Solution Offerings

10.4.3.  Financial Performance

10.4.4.  Recent Initiatives

10.5.              Huawei Technologies Co., Ltd.

10.5.1.  Company Overview

10.5.2.  Solution Offerings

10.5.3.  Financial Performance

10.5.4.  Recent Initiatives

10.6.              Juniper Networks, Inc.

10.6.1.  Company Overview

10.6.2.  Solution Offerings

10.6.3.  Financial Performance

10.6.4.  Recent Initiatives

10.7.              Saguna Networks Ltd.

10.7.1.  Company Overview

10.7.2.  Solution Offerings

10.7.3.  Financial Performance

10.7.4.  Recent Initiatives

10.8.              SMART Embedded Computing (Artesyn Technologies)

10.8.1.  Company Overview

10.8.2.  Solution Offerings

10.8.3.  Financial Performance

10.8.4.  Recent Initiatives

10.9.              Vapor IO

10.9.1.  Company Overview

10.9.2.  Solution Offerings

10.9.3.  Financial Performance

10.9.4.  Recent Initiatives

10.10.           ZephyrTel

10.10.1.               Company Overview

10.10.2.               Solution Offerings

10.10.3.               Financial Performance

10.10.4.               Recent Initiatives

Chapter 11.  Research Methodology

11.1.              Primary Research

11.2.              Secondary Research

11.3.              Assumptions

Chapter 12.  Appendix

12.1.              About Us

12.2.              Glossary of Terms

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