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Mobile Edge Computing (MEC) Market: Hardware Sector to Drive Market Growth

Press release Description

Albany, New York, September 18, 2018: Preference for computing systems with low latency, and greater quality of experience, is expected to remain a key influencer for the growth of the mobile edge computing market. This is owing to its superlative ability in dealing with high network traffic and greater data transfer, while consuming relatively lower amounts of energy. Revenues that come from the mobile edge computing market are expected to grow at an immense CAGR of 51% through 2025. These insights have been taken from the report titled “Mobile Edge Computing (MEC) Market – Global Industry Analysis, Size, Share, Growth, Trends and Forecast” that was recently included in the huge repository of Market Research Reports Search Engine (MRRSE).

The global proliferation of IOT (internet of things) and smartphone devices, particularly in emerging economies is expected to drive market growth. The demand for servers, processors, routers, and switchers, comprising the MEC architecture continues to keep hardware as the dominate share holder in the mobile edge computing market. In addition the rising preference for HD video is also expected to push market growth forward. However, the challenges of integrating MEC systems with 4G networks are expected to hamper growth, at least until 5G infrastructure is well-established.

Key market players are focusing on developing state-of-the-art MEC technologies, including advanced hardware and software to gain competitive advantages.

Mobile Edge Computing (MEC) Market: Report Summary

The report contains a full analysis at a regional and global level & forecasts for the Mobile Edge Computing (MEC) market, in terms of value (US$ Mn), for the period of forecast 2017 to 2025. Essential business dynamics, such as social, political, and economic factors impacting development and requirement for Mobile Edge Computing (MEC) have been exhaustively examined in the report.

A comprehensive value chain analysis on the Mobile Edge Computing (MEC) industry has been offered in this report, and the Porter’s Five Forces model has been efficiently utilized to help in better understanding about the competitive scenario among important market players. A complete market attractiveness analysis, where product applications have accurately been assessed on the terms of their general attractiveness, market size, and growth rate, has also been added in the report. Market players have been assessed on the basis of SWOT analysis, company overview, business strategies, and relevant recent developments.

Mobile Edge Computing (MEC) Market: Research Methodology

Comprehensive discussions and elaborate interviews have been conducted with a variety of key industry experts and opinion leaders to create this report. Extensive primary and secondary research have been used, to extract reliable and relevant insights on the Mobile Edge Computing (MEC) market. Primary research comprises most of the research efforts, which is supported by in-depth secondary research.

Key market players in the Mobile Edge Computing (MEC) market have been thoroughly studied, and relevant data has been extracted from sources such as press releases, annual reports, and other relevant documents for better understanding of the market’s competitor landscape. The research approach that was used here is found to be effective and successful in capturing actionable insights on the market data, gaining easier understanding of the industry participants and identifying untapped business opportunities.

Browse Full Global Mobile Edge Computing (MEC) Market Report with TOC :

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