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The global mobile edge computing market size reached USD 488.4 Million in 2021 and is expected to register a revenue CAGR of 31.2% during the forecast period, according to latest analysis by Emergen Research. Increasing adoption of Internet of Things (IoT) in mobile edge computing is the key factor driving market revenue growth. Mobile edge computing is one of the defining technologies for visualizing IoT, which simply entails computational speed and processing at network's edge. Many issues associated with proliferation of cloud networks can be addressed by enabling connectivity at network's edge and boosting network performance while lowering latency. Growing implementation of IoT is gaining significant traction from various industrial verticals to improve flow of business operations. Number of IoT connections grew by 8% in 2021 from the previous year and in 2023, number of IoT-enabled devices globally is estimated to rise to 43 billion. In addition, increasing penetration of smart devices has helped implementation of IoT technologies. It is expected that investments in IoT will increase significantly due to introduction of new sensors, enhanced computing power, and better network connectivity, which is expected to boost revenue growth of the mobile edge computing market.
The research may be useful for leading businesses looking for new sources of income, as well as for businesses aiming to diversify into new markets or expand their current operations, as well as for businesses seeking to diversify into new markets.
How will this Report Benefit you?
An Emergen Research report of 250 pages features 194 tables, 189 charts, and graphics. Our new study is ideal for anyone who wants to learn about the global Mobile Edge Computing market commercially and deeply, as well as to analyze the market segments in depth. With the help of our recent study, you can analyze the entire regional and global market for Mobile Edge Computing . To increase market share, you must obtain financial analysis of the entire market and its segments. Our research suggests there are significant opportunities in this rapidly expanding market for energy storage technology. Look at how you might take advantage of these revenue-generating opportunities. Additionally, the research will help you develop growth strategies, strengthen competitor analysis, and improve business productivity by enabling you to make better strategic decisions.
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Global Mobile Edge Computing market research report offers a panoramic view of the Mobile Edge Computing market , regulatory framework, and macro- and micro-economic factors that influence the growth of the industry. The report strives to offer authentic information about the Mobile Edge Computing market size, share, product portfolio, revenue estimations, and growth rate. The report has been formulated through extensive primary and secondary research along with verified and reliable data obtained from industry experts and professionals.
Top competitors of the Mobile Edge Computing Market profiled in the report include:
Adlink Technology Inc., Artesyn Embedded Technologies Inc., Juniper Networks Inc., IBM Corporation, Intel Corporation, Brocade Communications Systems, Inc., Huawei Technologies Co., Ltd., Vasona Networks, Inc., Vapor IO, Inc. and Saguna Networks Ltd
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The report further offers a complete value chain analysis along with an analysis of the downstream buyers and upstream raw materials. The study focuses on global trends, regulatory frameworks, and macro- and micro-economic factors. The report also provides an extensive analysis of the segment and sub-segmented expected to dominate the market over the projected period. The report offers a forecast estimation of the market with regards to the analysis of the market segmentation, including product type, end-user industries, application spectrum, and other segments.
Key Objectives of the Report:
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Segments Covered in this report are:
Regional Analysis of the Mobile Edge Computing Market:
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