Due to the Outbreak of COVID-19, Mobile Edge Computing (MEC) Market Generated a Sharp Decline in Demand for the fiscal year 2020, KDMI Study

KD Market Insights has published a report on global Mobile Edge Computing (MEC) market research report. The report offers valuable market insights drivers which would aid the industry leaders to develop and line up their market strategies supported by reliable and accurate data. According to KD Market Insights report, the global Mobile Edge Computing (MEC) market is expected to grow at a CAGR of XX.X% during the forecast period i.e. 2020-2025. The market was held to USD XX.X Million in 2019 and is projected to reach to a valuation of USD XX.X Million in 2025. The report covers a detailed chapter on market segmentation of Mobile Edge Computing (MEC) market covering market segments by transmission methods, component, application, organization size, .

The report offers an exhaustive analysis of the market trends, opportunities, growth areas and industry drivers which would help the stakeholders to devise and align their market strategies according to the current and future market dynamics.

Overview:

Mobile edge computing is a network architecture that enables the capabilities of IT and cloud computing at the edge of a cellular network. There is a new choice for network operators that are struggling to satisfy customer expectations for better coverage and increased bandwidth. It is primarily used for conducting similar processing activities closer to the end-user to minimize network congestion and optimize applications. The platform is optimized for implementation at cellular base stations, offering rapid device deployment and other customer services

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The growth in technology adoption by telecommunications companies is expected to open up new opportunities in the mobile edge computing market space. Mobile edge computing helps businesses to reduce network congestion by taking processing tasks and running applications closer to cellular customers and maintaining better device performance. In addition, mobile edge computing implementation at mobile base stations or edge nodes is expected to facilitate the rapid and flexible deployment of new customer services and applications, which promises a healthy growth of the market.

The increasing need among enterprises

As the number of interconnected devices increases, mobile data grows exponentially, leading to increased demand for telecom and network services. Telecommunication companies are constantly under pressure to deliver quality services to subscribers, as the desire for mobile data including mobile video services is increasing rapidly. Mobile edge computing is a network architecture allowing operators to provide new services on the edge of mobile networks. Operators leverage advanced technologies such as Network Functions Virtualization (NFV), Virtualized RAN (vRAN), and SDN, enabling them to develop new kinds of context-aware and value-added services.

Segmentation Analysis

By Component

  • Hardware
  • Servers
  • Routers
  • Switches
  • Controllers
  • Gateways
  • Software
  • MEC Platform
  • Application Software

By Application

  • Location-based Services
  • Video Surveillance
  • Unified Communication
  • Optimized Local Content Distribution
  • Data Analytics
  • Environmental Monitoring

By Organization Size

  • Large Enterprises
  • Small and Medium-sized Enterprises (SMEs)

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This research report studied the Mobile Edge Computing (MEC) market to forecast the revenues and analyze the trends in 5 regions i.e. North America, Europe, Asia Pacific, Latin America and Middle East & Africa. This chapter of the report presents a comparison between emerging regions and developed regions to highlight the key factors and industry trends impacting the overall Mobile Edge Computing (MEC) market. Country analysis is also covered for various major economies across various regions:

  • North America (U.S. & Canada)
  • Europe (Germany, United Kingdom, France, Italy, Spain, Russia and Rest of Europe)
  • Asia Pacific (China, India, Japan, South Korea, Indonesia, Taiwan, Australia, New Zealand and Rest of Asia Pacific)
  • Latin America (Brazil, Mexico, Argentina and Rest of Latin America)
  • Middle East & Africa (GCC, North Africa, South Africa and Rest of Middle East & Africa)

This study evaluates and categorizes the key vendors in the Mobile Edge Computing (MEC) market. The key companies published in the report include among others, Adlink Technology Inc., Advantech Co. Ltd., Artesyn Embedded Technologies Inc., brocade communications systems inc., Huawei Technologies Co. Ltd., Juniper Networks Inc., Nokia Corporation, Saguna Networks Ltd., Vapor IO Inc., Vasona Networks inc.

The competitive strategic window analyses the competitive landscape in terms of the market share and company profiles of major vendors. This section provides company’s metrics such as business strategy and performance such as financials, sales breakup by segment and by geography, SWOT Analysis, company snapshot, business strategy, key product offerings, marketing and distribution strategies, recent news & development and other market activities.

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Why you should buy this research report:

In the past years, the Mobile Edge Computing (MEC) has grown at a significant rate and key decision makers are in need of market data to make vital decisions with regard to acquire more market share in Mobile Edge Computing (MEC) market. This report will help you:

  1. Obtain Full Understanding Of Global Mobile Edge Computing (MEC) Industry Through The In-Depth Coverage
  2. Gain Insights Into Market Expansion Across Countries
  3. Expand Your Product Line To Generate High Revenue And Growth Opportunities.
  4. Understand Latest Market Trends And Formulate Business Strategies Accordingly.
  5. Acquire More Market Share Through Strategic Decisions Based On Report Insights.
  6. Gain Insights About Key Financial Ratio And Business Strategies.

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