Mobile Edge Computing Market

Market Leader - Mobile Edge Computing Market

The Mobile Edge Computing (MEC) market is expected to grow from USD 185.8 Million in 2017 to USD 838.6 Million by 2022, at a Compound Annual Growth Rate (CAGR) of 35.2%, owing to the significant increase in the MEC application and rising demand for ultra-low latency and high bandwidth.

Some of the major players in the MEC market include Adlink Technology Inc. (Taiwan), Advantech Co., Ltd. (Taiwan), Artesyn Embedded Technologies Inc. (California, US), Brocade Communications Systems, Inc. (California, US), Huawei Technologies Co., Ltd. (Shenzhen, China), Juniper Networks, Inc. (California, US), Nokia Corporation (Espoo, Finland), Saguna Networks Ltd. (Israel), Vapor IO, Inc. (Texas, US), and Vasona Networks, Inc. (California, US). These players have adopted various growth strategies, such as, partnerships, agreements, and collaborations, and new product launches. These strategies were adopted by various players to achieve a strong foothold in the MEC market and achieve better profit margins.

Artesyn Embedded Technologies Inc. has consistently focused on new product launches and partnership strategy to deliver high quality and advanced technology products and services. In the recent years, the company has adopted different business strategies to expand its customer base and enhance its brand equity. In October 2016, Artesyn announced that China Unicom Network Technology Research Institute and Baicells have selected MaxCore platform to exhibit a new MEC Virtual Reality (VR) solution using drone technology for 5G networks. This solution would allow quick, smooth, and better quality transmission of live High Definition (HD) VR videos. Moreover, this solution can be applied in concerts, sporting events, and other entertainment industry. It can also be used for public safety, emergency communication, Unmanned Aerial Vehicle (UAV) inspection, and others.

Huawei Technologies core experience in the area of telecom and enterprise networks, devices, and cloud technology and services has enabled it to provide highly competitive end-to-end solutions which can tackle emerging challenges that end-users are facing in the MEC market. Thus, in the recent years, the company has launched various new products and services to maintain a competitive edge over other major players in this market. In September 2016, the company announced the launch of its MEC@CloudEdge solution. This solution is capable of fulfilling the requirements of the dynamic needs of the customer and would provide high-quality user experience and high-speed app innovation in the future. Some of the benefits offered by this solution include enhanced network performance and reliability, flexible deployment, better user experience, and optimum utilization of transmission resources.

The MEC market research report analyzes global adoption trends, future growth potentials, key drivers, vendor portfolio analysis, restraints, opportunities, and value chain in the market.

Related Reports:

Mobile Edge Computing Market by Component (Hardware and Software), Application (Location-Based Services, Video Surveillance, Unified Communication, Optimized Local Content Distribution, Data Analytics), Organization Size and Region - Global Forecast to 2022

Contact:
Mr. Rohan
MarketsandMarkets™ INC. 
630 Dundee Road 
Suite 430 
Northbrook, IL 60062 
USA : 1-888-600-6441 
sales@marketsandmarkets.com

Report Code
TC 5472
RI Published ON
8/3/2017
Choose License Type
BUY NOW
  • SHARE
X
Request Customization
Speak to Analyst
Speak to Analyst
OR FACE-TO-FACE MEETING
PERSONALIZE THIS RESEARCH
  • Triangulate with your Own Data
  • Get Data as per your Format and Definition
  • Gain a Deeper Dive on a Specific Application, Geography, Customer or Competitor
  • Any level of Personalization
REQUEST A FREE CUSTOMIZATION
LET US HELP YOU!
  • What are the Known and Unknown Adjacencies Impacting the Mobile Edge Computing Market
  • What will your New Revenue Sources be?
  • Who will be your Top Customer; what will make them switch?
  • Defend your Market Share or Win Competitors
  • Get a Scorecard for Target Partners
REQUEST A FREE WORKSHOP
ADJACENT MARKETS
REQUEST BUNDLE REPORTS
ONLINE CHAT
+1-888-600-6441
  • Call Us
  • +1-888-600-6441 (Corporate office hours)
  • +1-888-600-6441 (US/Can toll free)
  • +44-800-368-9399 (UK office hours)
CONNECT WITH US
ABOUT TRUST ONLINE
© MarketsandMarkets Research Private Ltd. All rights reserved