TECHGuru

  Mobile Edge Computing (MEC) Market: Overview The drive for next-gen networks in various end-use industries underscores the growing market potential of compute and resources that can transform real-time enterprises. The mobile edge computing (MEC) market encompasses a framework of IT service environment and advanced cloud computing capabilities wherein data is processed closer to the end user. The demand for networks with low latency, localized data, and advanced IoT is driving the market prospects for mobile edge computing. MEC has been instrumental in improving the quality of experience (QoE), especially in the entertainment, manufacturing, and transportation industries. The mobile edge computing (MEC) market is projected to advance at a substantial CAGR of 51.0% during the forecast period from 2017 to 2025. The revenue is projected to expand from its valuation of US$73.8 mn in 2016 to reach US$ 4228.3 mn by 2025. Broadly, the report segments the mobile edge computing (MEC) mar...