According to the report analysis, ‘Global Mobile Edge Computing (MEC) Market 2020-2030 by Component (Hardware, Software, Service), Technology (4G, 5G, Wi-Max), Application, Industry Vertical, Organization Size, and Region: Trend Forecast and Growth Opportunity’ states that the global mobile edge computing (MEC) market is predicted to propel during the near period owing to the effective growth in interconnected devices, the speedily growing mobile data traffic, the effective growth to enhance the end-user’s quality of experience (QoE), the effective growth in demand for low-latency processing and real-time automated decision-making solution.
ADLINK Technology Inc., Advantech Co., Ltd., AT&T Inc., Huawei Technologies Co. Ltd, IBM Corporation, Integrated Device Technology Inc., Intel Corporation, Nokia Corporation, Quortus Limited, Saguna Networks Ltd, SK Telecom Co., Ltd., SMART Embedded Computing (Artesyn Embedded Technologies), Telefonaktiebolaget LM Ericsson, ZephyrTel Inc. (ESW Capital Group Company) and many more are the key companies which recently working in the global mobile edge computing market more proficiently for keep maintaining the governing position, obtaining the competitive edge, leading the highest market growth, registering the great value of market share, and generating the highest percentage of revenue by spreading the awareness connected to the applications and advantages of mobile edge computing, implementing the policies of government as well as contenders, improving the qualitative and quantitative measures of such, increasing the features and benefits of mobile edge computing, delivering the better customer satisfaction, decreasing the associated prices of such, analysing the strategies and policies of government as well as contenders, and establishing the several research and development programs.
The growth of this market is accredited to the growing need among enterprises to convey QOE along with the effective growth in demand for low-latency processing and real-time automated decision-making solutions. In addition, the appearance of autonomous vehicles and connected car infrastructure and emerging MEC application locations of AR/VR proposes the significant opportunities for the growth of the mobile edge computing market. However, the shortage of demanded infrastructure and deployment capabilities hinders the growth of this market to some extent.
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With a consistently growing number of interconnected devices, mobile data is exponentially increasing, leading to the upsurge in requirement for telecommunication and network services. Mobile network operators (MNOs) are determinedly facing pressure to convey the quality services to subscribers, as the requirement for mobile data, including mobile video services, is speedily increasing.
Not only has this, the North America commanded the largest share of the overall mobile edge computing market during the recent years, followed by Europe, Asia-Pacific, Latin America, and the Middle East and Africa. However, Asia-Pacific is projected to witness speedy growth during the forecast period due to significant growth in investments in telecommunication sectors, government initiatives to motivate the digitalization, heavy investments in IoT & cloud technologies, and high penetration of the smart devices in emerging economies, such as India and China. Therefore, it is predicted that during the review period the market of mobile edge computing will augment more proficiently over the review period.
For More Information, refer to below link: –
Global Mobile Edge Computing (MEC) Market Major Players
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