Mobile Edge Computing Market to Reach US$4228.3 Mn by 2025 With Rising Popularity of Cellular Data, Finds TMR

News provided by

Dec 20, 2018, 05:00 ET

ALBANY, New York, December 20, 2018 /PRNewswire/ --

The demand within the global mobile edge computing market has been rising on account of the expansive utility of cloud computing and IT services across multiple industries, finds Transparency Market Research (TMR). The vendors within the global market for mobile edge computing have been focusing on providing seamless computing services through cellular networks in order to attract new customers. Although, mobile edge computing has become popular across several key industries, the market players are continually making efforts to popularise the capabilities associated with this form of computing. The leading vendors in the global mobile edge computing market have been focusing on capturing the market of the emerging industries such as healthcare, banking, and defense.

(Logo: https://mma.prnewswire.com/media/664869/Transparency_Market_Research_Logo.jpg )

Get PDF Brochure for Research Insights at: https://www.transparencymarketresearch.com/sample/sample.php?flag=B&rep_id=16496

The smaller market vendors in the global mobile edge computing market are expected to stick to the basics of inbound marketing in order to earn sustainable revenues. Furthermore, the bar of competition in the global market for mobile edge marketing is a expected to elevate as new players enter this market. In order to avert the growing competition, the leading vendors in the global mobile edge computing market are projected to acquire the small and regional players. Some of the key players in the global mobile edge computing market are Huawei Technologies Co., Ltd., Nokia Corporation, Integrated Device Technology, Inc., and PeerApp Ltd.

Request a Sample of Report: https://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=16496

A report by Transparency Market Research (TMR) finds that the global market for mobile edge computing would expand at a boisterous CAGR of 51.0% over the period between 2017 and 2025. Furthermore, the global mobile edge computing market was valued at US$73.8 mn in 2016, and this figure is expected to reach a value of US$4228.3 mn by 2025. On the basis of industry vertical, the demand for mobile edge computing in the retail industry has been rising at a starry rate. Based on Geography, the demand for mobile edge computing in North America has escalated new heights in recent times.

Need for Low Latency Networks in Media and Entertainment Industry to Propel Demand

The global market for mobile edge computing has been growing due to the assimilation of hardware and software capabilities across a wide range of industries. The media and entertainment industry has been at the forefront of growth within the global mobile edge computing market. The ability of mobile edge computing to swiftly deliver content to the customers has popularised the use such services across the media and entertainment industry. Furthermore, the relevance of IoT devices across several other industries such as healthcare and finance has also contributed towards the growth of the global market for mobile edge computing. Besides all of this, the growing integrity of telecom networks also necessitates the presence of mobile edge computing which is also prognosticated to propel market demand.

Request For Discount On This Report: https://www.transparencymarketresearch.com/sample/sample.php?flag=D&rep_id=16496

Popularity of Smart Phones to Aid Market Growth

The global market for mobile edge computing has also expanded alongside the growing popularity of automated vehicles over the past decade. Furthermore, the penetration of smart phones across all the regional pockets has created lucrative opportunities within the global market for mobile edge computing in recent times. BFSI is another domain that has become a key consumer for the global mobile edge computing market over the past few years. Owing to the aforementioned factors, it is safe to prognosticate that the market vendors in the global mobile edge computing market have a lucrative growth path ahead of them.

Browse Research Release at https://www.transparencymarketresearch.com/pressrelease/mobile-edge-computing-market.htm

The review is based on TMR report titled "Mobile Edge Computing (MEC) Market (Component - Hardware, Software (Video Analytics, Location Services, IoT, Data Caching, and Connected Vehicles), and Service (Consulting, System Integration, and Maintenance); Industry Vertical - Media & Entertainment, Retail, Healthcare, IT & Telecom, and BFSI; Technology - 4G, 5G, and Wi-Max) - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2017 - 2025".

Global mobile edge computing market is segment as:

Global Mobile Edge Computing (MEC) Market, by Component Type

Hardware
Software
- Video Analytics
- Location Services
- Internet of Things (IoT)
- Data Caching
- Connected Vehicles
- Others
Service
- Consulting
- System Integration
- Maintenance

Global Mobile Edge Computing (MEC) Market, by Industry Vertical

Media & Entertainment
Retail
IT & Telecom
Healthcare
BFSI
Others (Manufacturing & Education)

Global Mobile Edge Computing (MEC) Market, by Technology

4G
5G
Wi-Max

Global Mobile Edge Computing (MEC) Market, by Geography type

North America
- The U.S.
- Canada
- Rest of North America
Europe
- The U.K.
- Germany
- France
- Rest of Europe
Asia Pacific
- China
- Japan
- South Korea
- Rest of Asia Pacific
Middle East & Africa
- GCC
- South Africa
- Rest of Middle East & Africa
- South America
- Brazil
- Rest of South America

Browse More IT & Telecom Market Research Reports

Popular Research Reports by TMR:

Edge Computing Market: https://www.transparencymarketresearch.com/edge-computing-market.html
Remote Mobile Payment Market: https://www.transparencymarketresearch.com/remote-mobile-payment-market.html
Connected (Smart) Street Lights Market: https://www.transparencymarketresearch.com/connected-street-lights-market.html

About Us

Transparency Market Research is a next-generation market intelligence provider, offering fact-based solutions to business leaders, consultants, and strategy professionals.

Our reports are single-point solutions for businesses to grow, evolve, and mature. Our real-time data collection methods along with ability to track more than one million high growth niche products are aligned with your aims. The detailed and proprietary statistical models used by our analysts offer insights for making right decision in the shortest span of time. For organizations that require specific but comprehensive information we offer customized solutions through adhoc reports. These requests are delivered with the perfect combination of right sense of fact-oriented problem solving methodologies and leveraging existing data repositories.

TMR believes that unison of solutions for clients-specific problems with right methodology of research is the key to help enterprises reach right decision.

Contact

Mr Rohit Bhisey
Transparency Market Research
State Tower,
90 State Street,
Suite 700,
Albany NY - 12207
United States
Tel: +1-518-618-1030
USA - Canada Toll Free: 866-552-3453
Email: [email protected]