Mobile Edge Computing Market - Emerging Economies to Power Growth Due to Penetration of Smartphones

Albany, NY -- (SBWire) -- 09/21/2018 --Mobile Edge Computing (MEC) provides access to cloud-like computing and storage resources at the mobile edge, within the Radio Access Network (RAN) and in close proximity to mobile subscribers. A deployment at the Mobile Edge can provide applications with significant benefits, for example the ultra-low latency necessary for emerging applications such as Tactile Internet.

Mobile Edge Computing opens up services to consumers and enterprise customers as well as to adjacent industries that can now deliver their mission-critical applications over the mobile network. The MEC market is expected to witness a growing demand globally owing to its growing trend in different applications due to its low latency, high content delivery and high quality of experience.

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The mobile edge computing market report provides an in-depth analysis of the global mobile edge computing market for the period 2017 – 2025, wherein 2016 is the base year and the years from 2017 to 2025 is the forecast period. Data for 2015 has been included as historical information. It also provides the comprehensive analysis of mobile edge computing market based on its component type, various industry vertical and by technology.

This research study on the global mobile edge computing market provides a detailed analysis of how mobile network operators (MNO's) and mobile virtual network operators (MVNO's) in different regions use mobile edge computing to enhance user experience. The report also covers that how the hardware and software segment is going to contribute to the growth of the mobile edge computing market.

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Based on the component, the market is segmented into hardware, software and service. Further software segment is subdivided into video analytics, location services, internet of things (IoT), data caching, connected vehicles and others, the service segment also divided into consulting, system integration and maintenance. Based on industry vertical the market is categorized into media and entertainment, retail, IT & telecom, healthcare, BFSI and others (Manufacturing & Education). The mobile edge computing market has also been segmented based on Technology into 4G, 5G and Wi-Max. The report includes a comprehensive coverage of the underlying economic development factors under the key trend analysis section.