Mobile Edge Computing Market Global Industry Analysis and Forecast 2023-2029
In the report, the revenue impact of the COVID -19 pandemic on the sales revenue of market leaders, market followers, and market disruptors was examined, and this is reflected in our analysis.
Mobile Edge Computing is a network architecture that enables an IT service environment and cloud computing capabilities at the cellular network's edge. Major market players are spending in developing cutting-edge technologies in order to remain in a competitive climate and give more effective solutions in response to diverse company requirements.
Mobile Edge Computing Market Overview:
The Market Research Report has thoroughly examined the current definitions, classifications, applications, and the overall industrial chain structure. This analysis incorporates objective professional assessments of the present market status, historical market performance, production and consumption rates, demand and supply dynamics, and projected revenue generation. Furthermore, the study of the Mobile Edge Computing Market also encompasses insights into the strategic objectives and growth plans of major companies operating within the Mobile Edge Computing industry. This encompasses activities such as mergers and acquisitions, government and corporate transactions, collaborations, partnerships, joint ventures, brand management, marketing initiatives, and product launches. In summary, this research provides a comprehensive overview of the Mobile Edge Computing sector within both global and regional markets.
Mobile Edge Computing Market size is expected to reach nearly US $ 6.16 Bn by 2029 with the CAGR of 30.1% during the forecast period.
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COVID-19 Impact on Mobile Edge Computing market:
The COVID-19 pandemic has had a significant impact on the Mobile Edge Computing industry. Production facilities have been halted due to the global economic downturn and a lack of personnel. The COVID-19 epidemic has caused a significant and prolonged fall in production utilization, while travel prohibitions and facility closures have kept employees away from their facilities, causing the Mobile Edge Computing market to decelerate in 2020. The negative impact of COVID-19 on the Mobile Edge Computing market, on the other hand, is likely to be brief, with the industry rebounding fast by early 2021 due to strong demand for Mobile Edge Computing .
Mobile Edge Computing Market Drivers:
The Global Mobile Edge Computing Market is divided into four sections: component, organization size, application, and geography. The component section is divided into hardware and software. The organization size sector is divided into SMES and big companies. Location-based services, video surveillance, unified communication, optimal local content distribution, data analytics, and environmental monitoring are some of the applications mentioned in the research. The location-based services segment is predicted to develop at the fastest rate throughout the forecast period, owing to lower costs and higher efficiency, as well as an increased requirement among organizations to provide QoE. Geographically, the Global Mobile Edge Computing Market is divided into North America, Europe, Asia-Pacific, the Middle East and Africa, and Latin America.
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Mobile Edge Computing Market Segmentation:
by Organization Size
SMES
Large Enterprises
by Component
Hardware
Servers
Routers
Switches
Controllers
Gateways
Software
Mobile Edge Computing Platform
Application Software
by Application
Location-Based Services
Video Surveillance
Unified Communication
Optimized Local Content Distribution
Data Analytics
Environmental Monitoring
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Key Players:
The research provides an in-depth evaluation of the Mobile Edge Computing market and its presence in various sectors and regions. The research analyst seeks to unearth latent development potential that enterprises in various locations of the world can leverage by doing a complete geographical assessment of the sector. Global Mobile Edge Computing Market research provides exact information that enables market participants to compete successfully in terms of growth, sales, and other vital criteria with their most important competitors. In the research analysis, significant market components such as market drivers and obstacles are distinguished from vital development prospects and industry trends.
1. IBM
2. ZTE Corporation
3. Intel Corporation
4. Integrated Device Technology, Inc.
5. Vasona Networks, Inc.
6. Vapor Io, Inc.
7. Saguna Networks Ltd.
8. Nokia Corporation
9. Juniper Networks, Inc.
10.Huawei Technologies Co., Ltd.
11.Brocade Communications Systems, Inc.
12.Artesyn Embedded Technologies Inc.
13.Advantech Co., Ltd.
14.Adlink Technology, Inc.
15.SpiderCloud Wireless, Inc.
16.ZephyrTel
17.AT&T, Inc.
18.Renesas Electronics Corporation
19.Corning, Inc.
20.Emerson Electric co.
21.GigaSpaces Technologies, Inc.
Regional Analysis:
The analysis also contains important market influencing components and regulatory developments that have an impact on market present and future trends. Some of the important components utilized to examine the market scenario for different areas include new sales, replacement sales, national demography, regulatory activities, and import-export tariffs. Furthermore, while offering forecast analysis of national data, the existence and availability of global brands, as well as the challenges they confront owing to strong or weak competition from local and domestic brands, as well as the impact of sales channels, are analyzed.
Key Questions Answered in the Mobile Edge Computing Market Report are:
- What is Mobile Edge Computing ?
- What is the expected CAGR of the Mobile Edge Computing market during the forecast period?
- Which region held the largest Mobile Edge Computing market share in 2022?
- What are the major drivers of the Mobile Edge Computing Market?
- What are the Mobile Edge Computing Market segments?
- What factors are expected to challenge the market growth during the forecast period?
Key Offerings:
- A detailed market overview
- Market Share, Size & Forecast by Revenue | 2023−2029
- Market Dynamics – Growth Drivers, Restraints, Investment Opportunities, and Key Trends
- Market Segmentation – A detailed analysis by segments and sub-segments
- Competitive Landscape – Top Key Vendors and Other Prominent Vendors
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