Take Up Global Multi-Access Edge Computing Market Opportunities With Clear Industry Data – Includes Multi-Access Edge Computing Market Growth
The Business Research Company’s report goes into great detail on the multi-access edge computing market size and growth, multi-access edge computing market regional analysis, multi-access edge computing market competitive landscape, and other critical information needed to excel in the multi-access edge computing industry.
Major players in the multi-access edge computing market include ADLINK Technology Inc., Advantech Co Ltd., Nokia Corporation, Cisco Systems, IBM Corporation, Huawei Technologies Co. Ltd., Juniper Networks Inc., Saguna Networks Ltd., SpiderCloud Wireless, Vapor IO, FogHorn Systems, Vasona Networks (ZephyrTel), ZTE Corporation, Microsoft Corporation, and Intel.
TBRC’s comprehensive market report based on extensive research will assist you in seamlessly devising your approaches in order to match key market player strategies.
The global multi-access edge computing market size is expected to grow from $1.72 billion in 2021 to $2.62 billion in 2022 at a compound annual growth rate (CAGR) of 51.9%. The global multi-access edge computing market size is expected to grow to $18.57 billion in 2026 at a CAGR of 63.2%.
North America was the largest region in the multi-access edge computing market in 2021.
The multi-access edge computing market consists of sales of multi-access edge computing hardware, software, and services by entities (organizations, sole traders, and partnerships) that are referred to as cloud services running at the edge of a network with an IT service environment and cloud computing capabilities. Multi-Access Edge Computing (MEC) shifts traffic and service processing from a centralized cloud to the network’s edge, bringing it closer to the client. Rather than transmitting all data to the cloud for processing, the network edge analyses, processes, and stores data locally. Gathering and analyzing data closer to the customer minimizes latency and gives high-bandwidth applications real-time performance.
The increase in the number of connected devices is contributing to the growth of the multi-access edge computing market.
The emergence of hybrid computing architecture platforms is shaping the multi-access edge computing market. A hybrid cloud sometimes called a cloud hybrid is a computing environment that combines an on-premises data center with a public cloud, allowing data and applications to be shared between them. Multi-access edge computing is a network architecture that delivers cloud computing and an IT service environment at the network’s edge. System manufacturers will connect multiple SMP machines using a high-speed interconnect to create a hybrid system with a communications model involving two different levels of service.
TBRC’s Global Multi-Access Edge Computing Market Report Is Segmented:
By Component Type: Hardware, Software, Service
By Organization Size: Small and Medium Enterprise, Large Enterprise
By Technology: Augmented Reality, Data Caching, Internet of Things, Real Time Video Analytics, Virtual Reality
By End-User: IT and Telecom, Smart Cities, Smart Homes, and Smart Buildings, Datacenters, Energy and Utilities, Automotive and Government, Others
By Geography: North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa.
The Multi-Access Edge Computing Global Market Report 2022 is one of a series of new reports from The Business Research Company that provides an overview of the multi-access edge computing market globally and regionally, analyzes and forecasts market size, share, multi-access edge computing market players, multi-access edge computing market segments, leading competitor revenues, profiles and market shares.
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