Mobile Edge Computing (MEC) Market: Scope And Opportunities Analysis  2017 - 2025

-

 The global mobile edge computing (MEC) market is led by numerous titans in the field which are coming up with advanced software and hardware solutions helping them to easily gain a competitive edge above the others, states Transparency Market Research (TMR) in its latest research report. Some of the leading companies within the global mobile edge computing market are Huawei Technologies Co., Ltd., IBM Corporation, Integrated Device Technology, Inc., PeerApp Ltd., Nokia Corporation, Intel Corporation, ADLINK Technology Inc., Juniper Networks, Inc., Saguna Networks Ltd., ZTE Corporation, Vasona Networks, Inc., and SpiderCloud Wireless, Inc.

The market is dynamic in nature characterized by high competitiveness. Market players are investing extensively in cutting-edge technology to stay ahead of the game. Players are constantly looking for developing effective solutions in order to cater to the different requirements of end-use companies.

According to TMR, the global mobile edge computing (MEC) market will expand at a whopping 51% CAGR from 2017 to 2025 to be worth US$4228.3 mn by 2025. On the basis of component, the hardware segment accounted for a massive share of 80% of the total market in 2016. The entire mobile edge computing architecture is comprised of different hardware such as servers, routers, processors, and switchers, therefore it is not surprising that the hardware segment is leading and will continue to do so in the years to come. 

For More Industry Insight, Request Sample@ https://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=16496

Europe to Continue to Lead in MEC Market Boosted by High Uptake of IoT Devices

On the basis of geography, Europe is leading in the market accounting for 43.5% of the market in 2016 on account of the rising usage of data as well as growing adoption of devices which make use of the Internet of Things, thereby boosting the uptake of mobile edge computing. It is anticipated that Europe will witness and expansion of 42.8% CAGR between 2017 and 2025. As North America is home to several hardware and software manufacturers, this region will also be a key market for mobile edge computing. Promising growth can also be expected in the Middle East, South America, and Asia Pacific on account of the rising number of mobile subscribers and increasing number of IoT devices.

Low Latency Networks Needed for Entertainment and Media Behind High Demand for MEC

According to the lead author of this report, “the low latency networks required for entertainment and media purpose is one of the key factors bringing about the phenomenal growth of the global mobile edge computing market. Mobile edge computing helps boost and hasten the distribution of media services by delivering the content straight from the base station thereby improving consumer experience. MEC allows administrators to adapt to high traffic and improve network efficiency as well as service quality. This is anticipated to be the key reason behind the growing popularity of mobile edge computing technology.

Rising Number of Automated Cars to Drive Growth Prospects of MEC Market

Some of the other factors fuelling the growth of this market include the increasing number of automated cars, rising number of IoT devices, increasing application of this technology on account of its features such as high quality experience, high content delivery, and low latency will continue to drive the growth prospects of the global mobile edge computing market.

Get More PR by TMR@

https://www.prnewswire.com/news-releases/livestock-monitoring-solutions-market-to-reach-us-3-6-bn-by-2030–advantages-of-real-time-monitoring-of-livestock-reared-for-high-economic-value-fuel-global-market–tmr-insights-301367224.html


Comments

Post a Comment

Popular posts from this blog

Oil and Gas Terminal Automation Market: To Reflect Impressive Growth Rate By 2019 - 2027

-
  Global  Oil and Gas Terminal Automation Market : Overview A sturdy growth rate, compounded annually, will be recorded in the global oil and gas terminal market, states Transparency market Research (TMR), for the period of 2019 to 2027. It will be driven forward on to a high growth trajectory at the back of a number of growth factors. Some of these are low oil prices and growing demand for natural gas across a number of varied industry verticals. Demand for oil and gas will also be pushed up by growing population for its energy and fuel needs. This in turn will require more exploration, extraction, better storage and robust distribution. And, this again would lead to demand for oil and gas terminal automation. Therefore, the market will be rife with new opportunities of growth in this period. And, as per TMR, the players would do their best to make the most of these. Global Oil and Gas Terminal Automation Market: Competitive Landscape Global oil and gas terminal automation ma...
Read more

Impact Sensing Door Unlock System Market will Generate New Growth Opportunities By 2019 - 2027

-
  Impact Sensing Door Unlock System : Introduction The impact sensing door unlock system unlocks the door automatically without a key, it can be operated through a mobile application. The impact sensing door unlock system consists of sensors and an electronic control unit, wherein the sensors receive a signal from the wireless system and transmits that signal to the electronic control unit. The electronic control unit is wired to the central lock, which in turn unlocks or locks all the doors of the vehicle. Key Drivers of Impact Sensing Door Unlock System Market Rise in demand for safety and security features in a vehicle is estimated to boost the impact sensing door unlock system market. Every vehicle manufacturer is trying to boost the integration of advanced safety features, including center locking system with impact sensing door unlock system that is activated through a mobile application. This in turn is projected to fuel the demand for the impact sensing door unlock system. ...
Read more

Architectural LED Products Market: Size, Analytical Overview, Growth Factors, Demand, Trends And Forecast To 2018 - 2026

-
  Global Architectural LED Products Market: Overview  Safety is one of the key concern in architectural spaces, which is important to recognize the need for acceptable architectural lighting. Proper architectural lighting has a vital role for people occupying the architectural space. Additionally, architectural lighting attracts the person’s attention and enables the architectures for serving its true purpose with enhanced features.  The  architectural LED products market  report involves some of the insightful predictions over the scope of the market and some prospects over growth. The new report from Transparency Market Research (TMR) on the architectural LED products market offers the thorough analysis of market segmentation and involves the past revenue and future forecasts. The report offers numerous key strategies adopted by key players coupled with some prominent trends, which are impacting on the growth. Along with this, it explains important information...
Read more