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Global Mobile Edge Computing Market-Technologies, Market share and Industry Forecast to 2024

  • ID: 4330403
  • Report
  • Region: Global
  • 240 pages
  • Occams Business Research and Consulting
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The Mobile Edge Computing (MEC) Market is Expected to Grow with a CAGR of around 50.2%

FEATURED COMPANIES

  • Aviat Networks, Inc. (US)
  • Fujitsu (Japan)
  • Millitech, Inc. (US)
  • MORE

The Mobile Edge Computing (MEC) market is expected to grow with a CAGR of around 50.2% during the forecast period 2017-2024. The rising data traffic is one of the major factor which is increasing the growth of global mobile edge computing market.

In 2016, the global mobile data traffic is accounted at 8.9 exabyte which is expected to reach to 69 exabytes by the end of 2022. Hence, the rise in data traffic is rising the demand of mobile edge communication systems. In addition to driving factor there are factors such as regulatory & legal framework and privacy and security concern as one of the key restraining factors restricting the growth of mobile edge computing market.

Geographically, North America held the highest revenue share in 2017 in mobile edge computing market. The growth in North American mobile edge computing market is majorly driven by the increasing adoption of smart devices such as smartphone, tablets, etc.

The Asia pacific mobile edge computing market is expected to grow with an impressive CAGR during the forecast period 2017-2024. The growth of mobile edge computing market is mainly driven by proliferation of smartphones in countries such as India, China, etc. due to growing demand for real time access and social media growth.

Furthermore, growing government initiative in Asian countries such as India, China, Japan, etc. is also contributing to growth in Asia Pacific mobile edge computing market.

The mobile edge computing market is filled with number of players. The key players who are actively working for the development of new technology such as multi access edge computing, etc. are IBM Corporation (U.S.), Huawei Technology Co. ltd. (China), Intel Corporation (U.S.), Juniper Network (U.S.), Saguna Networks Ltd. (Israel) and Nokia Corporation (U.S.) etc. All such players are adopting various strategic initiative such as product development, investment, research and development, expansion, etc. to sustain in the dynamic market.

The Mobile Edge Computing (MEC) market is segmented on the basis of technology, components, verticals and geography. Based on technology global mobile edge computing market report segment includes 4G, 5G and WiMAX technology. The 4G technology held the largest revenue share in 2016. Whereas, 5G technology is expected to experience highest growth rate during forecast period. The major factor towards the growth of 5G technology is growing demand for HD content result in higher data traffic.



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FEATURED COMPANIES

  • Aviat Networks, Inc. (US)
  • Fujitsu (Japan)
  • Millitech, Inc. (US)
  • MORE

1. Introduction
1.1. Executive Summary
1.2. Estimation Methodology

2. Market Overview
2.1. Global Mobile Edge Computing Market : Evolution & Transition
2.2. Market Definition & Scope
2.3. Industry Structure
2.4. Total Market Analysis
2.4.1. Top 5 Findings
2.4.2. Top 5 Opportunity Markets
2.4.3. Top 5 Companies
2.4.4. Top 3 Competitive Strategies
2.5. Estimation Analysis
2.6. Strategic Analysis
2.6.1. Investment Vs. Adoption Model
2.6.2. 360-Degree Industry Analysis
2.6.3. Porters 5 Force Model
2.6.4. See-Saw Analysis
2.6.5. Consumer Analysis And Key Buying Criteria
2.7. Competitive Analysis
2.7.1. Key Strategies & Analysis
2.7.2. Market Share Analysis & Top Company Analysis
2.8. Strategic Recommendations & Key Conclusions
2.8.1. Investment Opportunities By Regions
2.8.2. Opportunities In Emerging Applications
2.8.3. Investment Opportunity In Fastest Growing Segment

3. Market Determinants
3.1. Market Drivers
3.1.1. Rise In Data Traffic
3.1.2. Rising Demand For Low Latency Computing
3.1.3. Proliferation Of Smartphone Adoption
3.2. Market Restraints
3.2.1. Privacy And Security Concerns
3.2.2. Regulatory And Legal Framework
3.3. Market Opportunities
3.3.1. Rising Demand From Big Data Analytics
3.3.2. Rise In Video Streaming (Hd & 4K)
3.3.3. Increasing Demand Of New Technology From Emerging Countries
3.4. Market Challenges
3.4.1. Data Authenticity Verification
3.4.2. High Frequency Requirement

4. Global Mobile Edge Computing Market By Technology
4.1. Market Definition And Scope
4.2. Decision Support Database & Estimation Methodology
4.3. Comparative Analysis Across Market Segments
4.4. Opportunity Matrix
4.5. Market Segmentation
4.5.1. Global 4G Market
4.5.1.1. Adoption Scenario & Market Determinants
4.5.1.2. Market Estimations And Forecasts 2015-2024 ($ Million)
4.5.1.3. Key Conclusions
4.5.2. Global 5G Market
4.5.2.1. Adoption Scenario & Market Determinants
4.5.2.2. Market Estimations And Forecasts 2015-2024 ($ Million)
4.5.2.3. Key Conclusions
4.5.3. Global Wi-Max Market
4.5.3.1. Adoption Scenario & Market Determinants
4.5.3.2. Market Estimations And Forecasts 2015-2024 ($ Million)
4.5.3.3. Key Conclusions

5. Global Mobile Edge Computing Market By Components
5.1. Market Definition And Scope
5.2. Decision Support Database & Estimation Methodology
5.3. Comparative Analysis Across Market Segments
5.4. Opportunity Matrix
5.5. Market Segmentation
5.5.1. Global Hardware Market
5.5.1.1. Adoption Scenario & Market Determinants
5.5.1.2. Market Estimations And Forecasts 2015-2024 ($ Million)
5.5.1.3. Key Conclusions
5.5.2. Global Software Market
5.5.2.1. Adoption Scenario & Market Determinants
5.5.2.2. Market Estimations And Forecasts 2015-2024 ($ Million)
5.5.2.3. Key Conclusions
5.5.3. Global Services Market
5.5.3.1. Adoption Scenario & Market Determinants
5.5.3.2. Market Estimations And Forecasts 2015-2024 ($ Million)
5.5.3.3. Key Conclusions

6. Global Mobile Edge Computing Market By Verticals
6.1. Market Definition And Scope
6.2. Decision Support Database & Estimation Methodology
6.3. Comparative Analysis Across Market Segments
6.4. Opportunity Matrix
6.5. Market Segmentation
6.5.1. Global Banking, Financial Services & Insurance Market
6.5.1.1. Adoption Scenario & Market Determinants
6.5.1.2. Market Estimations And Forecasts 2015-2024 ($ Million)
6.5.1.3. Key Conclusions
6.5.2. Global Healthcare Market
6.5.2.1. Adoption Scenario & Market Determinants
6.5.2.2. Market Estimations And Forecasts 2015-2024 ($ Million)
6.5.2.3. Key Conclusions
6.5.3. Global It & Telecom Market
6.5.3.1. Adoption Scenario & Market Determinants
6.5.3.2. Market Estimations And Forecasts 2015-2024 ($ Million)
6.5.3.3. Key Conclusions
6.5.4. Global Media & Entertainment Market
6.5.4.1. Adoption Scenario & Market Determinants
6.5.4.2. Market Estimations And Forecasts 2015-2024 ($ Million)
6.5.4.3. Key Conclusions
6.5.5. Global Retail Market
6.5.5.1. Adoption Scenario & Market Determinants
6.5.5.2. Market Estimations And Forecasts 2015-2024 ($ Million)
6.5.5.3. Key Conclusions
6.5.6. Global Others Market
6.5.6.1. Adoption Scenario & Market Determinants
6.5.6.2. Market Estimations And Forecasts 2015-2024 ($ Million)
6.5.6.3. Key Conclusions

7. Competitive Landscape
7.1. Key Strategies
7.1.1. List Of Mergers And Acquisition
7.1.2. List Of Joint Ventures
7.1.3. List Of Product Launches
7.1.4. List Of Partnerships

8. Geographic Analysis
8.1. Decision Support Database & Estimation Methodology
8.2. Comparative Analysis Across Market Segments
8.3. Opportunity Matrix
8.4. Global Mobile Edge Computing Market By Region 2015-2024
8.4.1. North America
8.4.1.1. Industry Analysis 2015-2024 ($ Million)
8.4.1.2. Top Country Analysis
8.4.1.2.1. U.S.
8.4.1.2.1.1. Market Estimations And Forecasts 2015-2024 ($ Million)
8.4.1.2.1.2. Key Conclusions
8.4.1.2.2. Canada
8.4.1.2.2.1. Market Estimations And Forecasts 2015-2024 ($ Million)
8.4.1.2.2.2. Key Conclusions
8.4.2. Europe
8.4.2.1. Industry Analysis 2015-2024 ($ Million)
8.4.2.2. Top Country Analysis
8.4.2.2.1. UK
8.4.2.2.1.1. Market Estimations And Forecasts 2015-2024 ($ Million)
8.4.2.2.1.2. Key Conclusions
8.4.2.2.2. France
8.4.2.2.2.1. Market Estimations And Forecasts 2015-2024 ($ Million)
8.4.2.2.2.2. Key Conclusions
8.4.2.2.3. Germany
8.4.2.2.3.1. Market Estimations And Forecasts 2015-2024 ($ Million)
8.4.2.2.3.2. Key Conclusions
8.4.2.2.4. Spain
8.4.2.2.4.1. Market Estimations And Forecasts 2015-2024 ($ Million)
8.4.2.2.4.2. Key Conclusions
8.4.2.2.5. Rest Of Europe
8.4.2.2.5.1. Market Estimations And Forecasts 2015-2024 ($ Million)
8.4.2.2.5.2. Key Conclusions
8.4.3. Asia Pacific
8.4.3.1. Industry Analysis 2015-2024 ($ Million)
8.4.3.2. Top Country Analysis
8.4.3.2.1. China
8.4.3.2.1.1. Market Estimations And Forecasts 2015-2024 ($ Million)
8.4.3.2.1.2. Key Conclusions
8.4.3.2.2. India
8.4.3.2.2.1. Market Estimations And Forecasts 2015-2024 ($ Million)
8.4.3.2.2.2. Key Conclusions
8.4.3.2.3. Japan
8.4.3.2.3.1. Market Estimations And Forecasts 2015-2024 ($ Million)
8.4.3.2.3.2. Key Conclusions
8.4.3.2.4. Australia
8.4.3.2.4.1. Market Estimations And Forecasts 2015-2024 ($ Million)
8.4.3.2.4.2. Key Conclusions
8.4.3.2.5. Rest Of Asia Pacific
8.4.3.2.5.1. Market Estimations And Forecasts 2015-2024 ($ Million)
8.4.3.2.5.2. Key Conclusions
8.4.4. Row
8.4.4.1. Industry Analysis 2015-2024 ($ Million)
8.4.4.2. Top Country Analysis
8.4.4.2.1. Latin America
8.4.4.2.1.1. Market Estimations And Forecasts 2015-2024 ($ Million)
8.4.4.2.1.2. Key Conclusions
8.4.4.2.2. Middle East & Africa
8.4.4.2.2.1. Market Estimations And Forecasts 2015-2024 ($ Million)
8.4.4.2.2.2. Key Conclusions

9. Company Profiles
9.1. Adlink Technology Inc.
9.1.1. Overview
9.1.2. Product Portfolio
9.1.3. Strategic Initiatives
9.1.4. Scot Analysis
9.1.5. Strategic Analysis
9.2. Artesyn’s Embedded Technologies
9.2.1. Overview
9.2.2. Product Portfolio
9.2.3. Strategic Initiatives
9.2.4. Scot Analysis
9.2.5. Strategic Analysis
9.3. Gigaspaces
9.3.1. Overview
9.3.2. Product Portfolio
9.3.3. Strategic Initiatives
9.3.4. Scot Analysis
9.3.5. Strategic Analysis
9.4. Huawei Technologies Co. Ltd.
9.4.1. Overview
9.4.2. Product Portfolio
9.4.3. Strategic Initiatives
9.4.4. Scot Analysis
9.4.5. Strategic Analysis
9.5. IBM Corporation
9.5.1. Overview
9.5.2. Product Portfolio
9.5.3. Strategic Initiatives
9.5.4. Scot Analysis
9.5.5. Strategic Analysis
9.6. Integrated Device Technology, Inc.
9.6.1. Overview
9.6.2. Product Portfolio
9.6.3. Strategic Initiatives
9.6.4. Scot Analysis
9.6.5. Strategic Analysis
9.7. Intel Corporation
9.7.1. Overview
9.7.2. Product Portfolio
9.7.3. Strategic Initiatives
9.7.4. Scot Analysis
9.7.5. Strategic Analysis
9.8. Juniper Networks, Inc.
9.8.1. Overview
9.8.2. Product Portfolio
9.8.3. Strategic Initiatives
9.8.4. Scot Analysis
9.8.5. Strategic Analysis
9.9. Nokia Corporation
9.9.1. Overview
9.9.2. Product Portfolio
9.9.3. Strategic Initiatives
9.9.4. Scot Analysis
9.9.5. Strategic Analysis
9.10. Peerapp, Inc.
9.10.1. Overview
9.10.2. Product Portfolio
9.10.3. Strategic Initiatives
9.10.4. Scot Analysis
9.10.5. Strategic Analysis
9.11. Quortus
9.11.1. Overview
9.11.2. Product Portfolio
9.11.3. Strategic Initiatives
9.11.4. Scot Analysis
9.11.5. Strategic Analysis
9.12. Saguna Networks Ltd.
9.12.1. Overview
9.12.2. Product Portfolio
9.12.3. Strategic Initiatives
9.12.4. Scot Analysis
9.12.5. Strategic Analysis
9.13. Spidercloud Wireless, Inc.
9.13.1. Overview
9.13.2. Product Portfolio
9.13.3. Strategic Initiatives
9.13.4. Scot Analysis
9.13.5. Strategic Analysis
9.14. Vasona Networks
9.14.1. Overview
9.14.2. Product Portfolio
9.14.3. Strategic Initiatives
9.14.4. Scot Analysis
9.14.5. Strategic Analysis
9.15. ZTE Corporation
9.15.1. Overview
9.15.2. Product Portfolio
9.15.3. Strategic Initiatives
9.15.4. Scot Analysis
9.15.5. Strategic Analysis

List Of Tables
1. Global Mobile Edge Computing Market By Technology 2015-2024 ($ Million)
2. Global 4G Market By Geography 2015-2024 ($ Million)
3. Global 5G Market By Geography 2015-2024 ($ Million)
4. Global Wi-Max Market By Geography 2015-2024 ($ Million)
5. Global Mobile Edge Computing Market By Components 2015-2024 ($ Million)
6. Global Hardware Market By Geography 2015-2024 ($ Million)
7. Global Software Market By Geography 2015-2024 ($ Million)
8. Global Services Market By Geography 2015-2024 ($ Million)
9. Global Mobile Edge Computing Market By Verticals 2015-2024 ($ Million)
10. Global Banking, Financial Services & Insurance Market By Geography 2015-2024 ($ Million)
11. Global Healthcare Market By Geography 2015-2024 ($ Million)
12. Global IT & Telecom Market By Geography 2015-2024 ($ Million)
13. Global Media & Entertainment Market By Geography 2015-2024 ($ Million)
14. Global Retail Market By Geography 2015-2024 ($ Million)
15. Global Others Market By Geography 2015-2024 ($ Million)
16. North America Mobile Edge Computing Market 2015-2024 ($ Million)
17. Europe Mobile Edge Computing Market 2015-2024 ($ Million)
18. Asia Pacific Mobile Edge Computing Market 2015-2024 ($ Million)
19. Rest Of The World Mobile Edge Computing Market 2015-2024 ($ Million)
20. North America Mobile Edge Computing Market By Technology 2015-2024 ($ Million)
21. Europe Mobile Edge Computing Market By Technology 2015-2024 ($ Million)
22. Asia Pacific Mobile Edge Computing Market By Technology 2015-2024 ($ Million)
23. Rest Of The World Fintech Blockchainmarket By Technology 2015-2024 ($ Million)
24. North America Mobile Edge Computing Market By Components 2015-2024 ($ Million)
25. Europe Mobile Edge Computing Market By Components 2015-2024 ($ Million)
26. Asia Pacific Mobile Edge Computing Market By Components 2015-2024 ($ Million)
27. Rest Of The World Mobile Edge Computing Market By Components 2015-2024 ($ Million)
28. North America Mobile Edge Computing Market By Verticals 2015-2024 ($ Million)
29. Europe Mobile Edge Computing Market By Verticals 2015-2024 ($ Million)
30. Asia Pacific Mobile Edge Computing Market By Verticals 2015-2024 ($ Million)
31. Rest Of The World Mobile Edge Computing Market By Verticals 2015-2024 ($ Million)
32. United States Mobile Edge Computing Market By Technology 2015-2024 ($ Million)
33. United States Mobile Edge Computing Market By Components 2015-2024 ($ Million)
34. United States Mobile Edge Computing Market By Vertical 2015-2024 ($ Million)
35. Canada Mobile Edge Computing Market By Technology 2015-2024 ($ Million)
36. Canada Mobile Edge Computing Market By Components 2015-2024 ($ Million)
37. Canada Mobile Edge Computing Market By Vertical 2015-2024 ($ Million)
38. UK Mobile Edge Computing Market By Technology 2015-2024 ($ Million)
39. UK Mobile Edge Computing Market By Components 2015-2024 ($ Million)
40. UK Mobile Edge Computing Market By Vertical 2015-2024 ($ Million)
41. France Mobile Edge Computing Market By Technology 2015-2024 ($ Million)
42. France Mobile Edge Computing Market By Components 2015-2024 ($ Million)
43. France Mobile Edge Computing Market By Vertical 2015-2024 ($ Million)
44. Germany Mobile Edge Computing Market By Technology 2015-2024 ($ Million)
45. Germany Mobile Edge Computing Market By Components 2015-2024 ($ Million)
46. Germany Mobile Edge Computing Market By Vertical 2015-2024 ($ Million)
47. Spain Mobile Edge Computing Market By Technology 2015-2024 ($ Million)
48. Spain Mobile Edge Computing Market By Components 2015-2024 ($ Million)
49. Spain Mobile Edge Computing Market By Vertical 2015-2024 ($ Million)
50. Roe Mobile Edge Computing Market By Technology 2015-2024 ($ Million)

List Of Figures
1. Global 4G Market By Geography 2015-2024 ($ Million)
2. Global 5G Market By Geography 2015-2024 ($ Million)
3. Global Wi-Max Market By Geography 2015-2024 ($ Million)
4. Global Hardware Market By Geography 2015-2024 ($ Million)
5. Global Software Market By Geography 2015-2024 ($ Million)
6. Global Services Market By Geography 2015-2024 ($ Million)
7. Global Banking, Financial Services & Insurance Market By Geography 2015-2024 ($ Million)
8. Global Healthcare Market By Geography 2015-2024 ($ Million)
9. Global IT & Telecom Market By Geography 2015-2024 ($ Million)
10. Global Media & Entertainment Market By Geography 2015-2024 ($ Million)
11. Global Retail Market By Geography 2015-2024 ($ Million)
12. Global Others Market By Geography 2015-2024 ($ Million)
13. United States (U.S.) Mobile Edge Computing Market 2015-2024 ($ Million)
14. Canada Mobile Edge Computing Market 2015-2024 ($ Million)
15. United Kingdom (UK) Mobile Edge Computing Market 2015-2024 ($ Million)
16. France Mobile Edge Computing Market 2015-2024 ($ Million)
17. Germany Mobile Edge Computing Market 2015-2024 ($ Million)
18. Spain Mobile Edge Computing Market 2015-2024 ($ Million)
19. Roe Mobile Edge Computing Market 2015-2024 ($ Million)
20. China Mobile Edge Computing Market 2015-2024 ($ Million)
21. India Mobile Edge Computing Market 2015-2024 ($ Million)
22. Japan Mobile Edge Computing Market 2015-2024 ($ Million)
23. Australia Mobile Edge Computing Market 2015-2024 ($ Million)
24. Roapac Mobile Edge Computing Market 2015-2024 ($ Million)
25. Latin America Mobile Edge Computing Market 2015-2024 ($ Million)
26. Mena Mobile Edge Computing Market 2015-2024 ($ Million)

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FEATURED COMPANIES

  • Aviat Networks, Inc. (US)
  • Fujitsu (Japan)
  • Millitech, Inc. (US)
  • MORE

5G network: Game changing technology to contribute CAGR of 50.2% through 2024

Mobile edge computing (MEC) is generally a network architecture that enables IT services environment and cloud computing capabilities at the edge of cellular network. Mobile edge computing has taken over the conventional mobile cloud computing, as MEC can reduce latency, helps to access real time channel and offers personalized mobile applications.

MEC enables network performance and video acceleration which has increased smartphone users’ experience. The unprecedented rise in smartphone has resulted into proliferation of data traffic. Requirement of 4G & 5G technology is increasing due to rise in video streaming globally. MEC is generally considered for 5G network that handle challenges faced by service providers and operators.

Thus, the emergence of 5G technology is boosting the growth in global mobile edge computing market. Adoption of MEC helps telecommunication providers and network companies to increase their revenue and rise in market share in global mobile edge computing (MEC) market. 

Moreover, the growing 4G & 5G subscription across the globe is also attributing towards the rapid growth in 4G & 5G technology. A research on data traffic by Ericsson states that by the end of 2022 there are around 4.6 billion 4G (LTE) subscription globally. That is expected to be 5 times higher of Edge and GSM subscription globally.

Furthermore, advent of 5G technology is also attributing towards the growth of global mobile edge computing market. It is expected that by the end of 2022 there will be around 550 million 5G subscription around the world. Thus, high subscription of 4G & 5G technology is propelling the growth of the global mobile edge computing market.

Rise in data traffic continue to enhance growth prospectus

Proliferation of 3G and 4G enabled smartphones is creating huge opportunity for mobile edge computing market. The faster network allows to enhance user experience while operating mobile apps and online video streaming. Various research on data traffic by telecommunication providers has shown that, more than 90% of data traffic is generated from smartphones across the globe.

Furthermore, it is anticipated that by 2022 the data traffic generated by smartphone will increase by more than 10%. Furthermore, according to research by telecommunication companies, in mobile data traffic specifically for video streaming accounts for 60% by tablets only.

Whereas, the smartphone video mobile data traffic accounts to around 40% of the total video data traffic. The MEC enables application and task process such as media processing which run by mobile subscriber without any interruption. Thus, the MEC transforms the way of services that are deliver to mobile subscriber to provide immersive user experience.

Asia Pacific is the largest data traffic generator in the world. In Asia Pacific only the mobile data traffic is valued at 3.6 exabytes per months in 2016. The major factor behind the growth of Asia Pacific mobile data traffic is rapidly growing mobile broadband subscription in Asian countries such as India, China and Japan.

China is one of the key growth contributing country in Asia Pacific region. The growth of China is mainly contributed by rising number of mobile broadband subscription in China. It is estimated that during 2016-2022 around 440 million broadband subscription will be added in China. Hence, the rising mobile data traffic in Asian countries is boosting the growth in Asia Pacific mobile edge computing market.

Government initiative and investment in 5G technology is creating opportunity in market

Increasing initiative by government across the globe to promote and build 5G wireless network is boosting the growth in global Mobile Edge Computing (MEC) market. In 2016, Federal Commemoration Commission has approved a plan for 5G wireless network in the United States.

Under which ‘White House Administration’ has announced around $400 million investment in research program to develop 5G wireless network in the U.S. Whereas, the government of UK has announced a budget of $20.67 million (£16 million) to National 5G Innovation Network for the development of 5G network in country.

Furthermore, Chancellor Phillip Hammond also announced an additional communication infrastructure investment. Moreover, South Korean government is planning to deploy 5G services commercially across the region, also planning to feature around 5 crore 5G services during the winter Olympics 2018 at Pyeongchang.

Hence, the growing government support, initiative and investment for the development of 5G wireless network technology is boosting the growth in global Mobile Edge Computing (MEC) market.

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  • Millitech, Inc. (US)
  • Quinstar Technology, Inc. (US)
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  • Fujitsu (Japan)
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