Global 5G Optimization Markets, 2024: Focus on Mobile Edge Computing, APIs, and Network Slicing - Enterprise hosted deployment will Reach $73M by 2024
DUBLIN, Oct. 22, 2019 /PRNewswire/ -- The "5G Optimization: Mobile Edge Computing, APIs, and Network Slicing 2019-2024" report has been added to ResearchAndMarkets.com's offering.
This research evaluates the telecom and IT ecosystem in support of MEC including communications and computing infrastructure providers, managed services vendors, carriers and OTT providers.
MEC analysis includes a focus on company strategies and offerings relative to current and anticipated future market needs. The report also provides a quantitative analysis of the edge computing market including segmentation by industry vertical, region of the world, application, and services. It also provides forecasts for software and APIs as well as MEC based streaming data and real-time data analytics.
One of the most important aspects of 5G is the ability to optimize network usage as well as applications and services. The use cases for future 5G enabled apps and services are many and varied in terms of type, industry vertical focus, and requirements. Correspondingly, each scenario will have its own requirements and associated network configuration needs. 5G network slicing provides a means by which each of these different use cases may have its own portion of available frequently and associated assignable QoS configuration.
As networks become increasingly more complex, the author sees service providers taking a more intent-based approach to network management. Accordingly, leading carriers are incorporating various forms of network optimization into their OSS/BSS capabilities. This will be particularly important with 5G as the use cases for future applications and services are many and varied in terms of type, industry vertical focus, and requirements.
Accordingly, service providers must take into account use case-specific requirements and parameters, which at the highest level is broken down into three distinct 5G service categories as follows:
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