Global Mobile Edge Computing Market Report 2020-2025: Multi-access Edge Computing is Crucial for Private Wireless Networks
DUBLIN, Jan. 6, 2021 /PRNewswire/ -- The "Mobile Edge Computing Market by Infrastructure, Equipment Category, Deployment Models, Computing as a Service Offerings, Network Connectivity, Applications, Analytics Types, Market Segment, Industry Verticals, and Region 2020 - 2025" report has been added to ResearchAndMarkets.com's offering.
This mobile edge computing market report evaluates the telecom and IT ecosystem in support of MEC including communications and computing infrastructure providers, managed services vendors, carriers, and OTT providers.
This edge computing market 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 Mobile Edge Computing market including segmentation by industry vertical, region of the world, application, and services. It also provides forecasts for MEC based streaming data and real-time data analytics.
Often used synonymously, MEC refers to Mobile Edge Computing or Multi-Access Edge Computing with the former being more cellular network-centric (LTE and 5G) and the latter terminology adopted by standards groups to generalize edge computing to reflect that it may be also be used by WiFi and other wireless access technologies. The distinction between Multi-Access Edge Computing vs. Mobile Edge Computing for MEC largely ends with radio access and network type as almost every other aspect is the same including localizing computing (e.g. computation and storage closer to the end-user), network element virtualization, software, and service-centric operations.
In cellular networks, edge computing via MEC is beneficial for LTE but virtually essential for 5G. This is because Mobile Edge Computing facilitates optimization of fifth-generation network resources including focusing communications and computational capacity where it is needed the most. The author's research findings indicate a strong relationship between edge computing and 5G. In fact, if it were not for MEC, 5G would continue to rely upon back-haul to centralized cloud resources for storage and computing, diminishing much of the otherwise positive impact of latency reduction enabled by 5G.
Another driver for the multi-access edge computing market is that MEC will facilitate an entirely new class of low-power devices for IoT networks and systems. These devices will rely upon MEC equipment for processing. Stated differently, some IoT devices will be very light-weight computationally speaking, relying upon edge computin nodes for most of their computation needs.
Mobile Edge Computing Market Drivers
The fundamental question often asked by those not close to telecom networks and application optimization is: What is driving the need for edge computing in data centers? There are many reasons. However, the core areas for improvement with mobile edge computing are: throughput, congestion, latency, and backhaul.
Additional important considerations that spawn from these improvements are as follows:
Select Report Findings:
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