The Mobile Edge Computing (MEC) Market size was valued at USD 340.2 million in 2022 and is expected to grow to USD 3332.7 million by 2030 and grow at a CAGR of 33.01% over the forecast period of 2023-2030.
Mobile edge computing is a cutting-edge network architecture that empowers IT and cloud-computing capabilities at the edge of a cellular network. This innovative solution has emerged as a viable option for network providers who face the daunting challenge of meeting consumer demands for enhanced coverage and greater bandwidth. By performing processing tasks in close proximity to the end-user, mobile edge computing effectively reduces network congestion and enhances application performance.
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The implementation of this technology primarily takes place at cellular base stations, enabling swift deployment of applications and a plethora of customer services. The advantages of mobile edge computing are manifold, with its primary benefit being the alleviation of congestion on mobile networks. This is achieved by bringing data closer to the end user and streaming it directly to their mobile devices, ensuring a seamless and uninterrupted user experience. Organizations across various industries are rapidly adopting mobile edge computing to optimize their operations and gain real-time insights. This transformative technology is driving significant growth in the mobile edge computing market, as businesses recognize its potential to revolutionize their processes and enhance their competitive edge.
Drivers
There is a growing demand among enterprises to ensure Quality of Experience (QoE) in their operations.
Heightened emphasis on providing high bandwidth and minimizing latency.
In today's business landscape, enterprises are placing a greater emphasis on ensuring the Quality of Experience (QoE) in their operations. This growing demand stems from the recognition that delivering exceptional user experiences is crucial for success in a competitive market. One key aspect that enterprises are focusing on is providing high bandwidth to their users. This means ensuring that their networks can handle large amounts of data and support seamless connectivity. By offering robust bandwidth, enterprises can enable faster and more efficient communication, leading to improved productivity and customer satisfaction.
Enterprises are prioritizing minimizing latency. Latency refers to the delay between a user's action and the system's response. In today's fast-paced digital world, even a slight delay can have significant consequences, leading to frustration and dissatisfaction among users. By reducing latency, enterprises can enhance the responsiveness of their systems, resulting in a smoother and more enjoyable user experience.
Restrains
Insufficient infrastructure and deployment capabilities.
The absence of necessary infrastructure and deployment capabilities can pose significant challenges in various contexts. Whether it is in the realm of technology, transportation, or any other industry, the lack of these essential components can hinder progress and limit potential growth. Infrastructure refers to the fundamental facilities and systems required for the functioning of a society or organization. It encompasses physical structures such as roads, bridges, power grids, and communication networks, as well as intangible elements like policies, regulations, and organizational frameworks. Without a robust infrastructure in place, the efficient and effective deployment of resources becomes a daunting task.
Opportunities
The realm of Augmented Reality (AR) and Virtual Reality (VR) is rapidly expanding, presenting enterprises with exciting opportunities in the emerging Mobile Edge Computing (MEC) application areas.
Introducing a novel revenue stream for service providers.
Challenges
High costs and security issues are two significant challenges that need to be addressed.
Integration of Various Technologies at the Edge of Mobile Networks
Geopolitical tensions can affect international trade and cooperation. If the conflict escalates and leads to sanctions or restrictions on technology exports or cooperation between Russia, Ukraine, and other countries, it could impact the ability of MEC vendors to operate in these regions or to collaborate on international MEC projects. MEC involves processing data at the edge of the network, which raises data privacy and security concerns. In regions affected by conflicts, there may be heightened concerns about data interception, cyberattacks, and espionage. MEC operators may need to invest more in cybersecurity measures and encryption to protect sensitive data. Geopolitical conflicts can create uncertainty in the global market, making businesses more cautious about their investments and expansion plans. This can result in delayed or reduced MEC deployment initiatives, as companies may hold back on capital expenditures until the situation stabilizes. The impact of the conflict on the MEC market may vary depending on the region. For example, in Eastern Europe, where the conflict is closer to home, there may be more immediate disruptions and concerns. In other parts of the world, the impact may be less direct but could still affect global MEC market dynamics due to broader geopolitical consequences. The conflict may prompt some companies to diversify their supply chains and seek alternative sources for MEC equipment and services, potentially leading to shifts in market dynamics. Companies might explore local or alternative vendors to reduce their exposure to geopolitical risks.
Impact of recession
During a recession, companies may reduce their capital expenditures, including investments in new technologies like MEC. This could lead to a slowdown in the deployment of MEC infrastructure, especially in industries that are highly sensitive to economic downturns. MEC is closely linked to 5G networks, as it relies on low-latency, high-bandwidth connections. A recession could lead to delays in the rollout of 5G networks, which would, in turn, affect the growth of MEC. Recessions can lead to market consolidation as smaller players may struggle to survive, while larger, more established companies with greater resources may weather the storm better. This could result in a more concentrated MEC market with fewer players. Companies may cut back on research and development spending during a recession, impacting the development of new MEC technologies and solutions. Innovation in the MEC space could slow down as a result. Recessions often lead to a greater focus on cost-effective solutions. This could prompt MEC providers to offer more cost-efficient options or pricing models to attract and retain customers.
By Component
Hardware
Software
By Organization Size
Large Enterprises
Small and Medium-sized Enterprises (SMEs)
By Application
Unified Communication
Optimized Local Content Distribution
Environmental Monitoring
By End-user
Financial and Banking Industry
Retail
Healthcare and Life Sciences
Industrial
Energy and Utilities
Telecommunications
Others
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North America dominated the market in 2022, capturing over 39% of the market share. This can be attributed to the region's early adoption of the 5G network and the projected surge in the number of IoT devices. The United States, in particular, stands out as the largest market in the region, thanks to the presence of key players in various industries. The telecommunications industry plays a pivotal role in driving market growth, as technology is indispensable for both end-users and consumers. Additionally, the healthcare sector significantly contributes to the market's expansion by leveraging technology to facilitate faster and more accurate medical data analysis, ultimately leading to improved patient outcomes.
The Asia Pacific region, it also commands a substantial market share in 2022. Forecasts indicate that the market in this region will experience a remarkable compound annual growth rate (CAGR) of approximately 55% during the forecast period. Companies in this region are actively developing solutions that integrate cloud computing with edge computing capabilities to enhance the architecture of multi-access edge computing for commercial services. A noteworthy example of this innovation is the demonstration of Asia-Pacific's first multi-access edge computing for cloud gaming by Bridge Mobile Pte. Ltd., a business alliance consisting of 33 major mobile telecommunications companies. This development showcases the region's commitment to pushing the boundaries of technology and providing cutting-edge solutions to meet the evolving needs of consumers and businesses alike.
REGIONAL COVERAGE:
North America
US
Canada
Mexico
Europe
Eastern Europe
Poland
Romania
Hungary
Turkey
Rest of Eastern Europe
Western Europe
Germany
France
UK
Italy
Spain
Netherlands
Switzerland
Austria
Rest of Western Europe
Asia Pacific
China
India
Japan
South Korea
Vietnam
Singapore
Australia
Rest of Asia Pacific
Middle East & Africa
Middle East
UAE
Egypt
Saudi Arabia
Qatar
Rest of Middle East
Africa
Nigeria
South Africa
Rest of Africa
Latin America
Brazil
Argentina
Colombia
The major players in the Market are Advantech Co., Ltd., Saguna Networks Ltd., Brocade Communications Systems Inc., Vasona Networks, Inc., Vapor IO, Inc., Huawei Technology Co. Ltd., Artesyn Embedded Technologies Inc., Nokia Corporation, Juniper Networks Inc., Adlink Technology Inc., and others in final report.
In October 2022, AT&T made an exciting announcement regarding the launch of a dozen 5G "Edge Zones" across the United States. These cutting-edge zones, powered by regional 5G standalone network cores, are set to revolutionize network services and unlock a plethora of new capabilities that were previously unimaginable with 4G technology. This development is reminiscent of the pivotal role played by startups in the past, which harnessed the power of 4G to create innovative experiences and services.
In October 2022, Nokia made a significant stride by deploying 500 private networks worldwide. This move marks the dawn of a new era of connectivity, driving businesses to invest in digitization. Additionally, Nokia has partnered with Flex Brazil to deploy 5G services specifically tailored for the automotive and manufacturing sectors in Brazil. This collaboration promises to bring forth groundbreaking advancements in these industries, leveraging the power of 5G technology.
In July 2023, Advantech made an exciting announcement with the launch of SOM-2533, a cutting-edge module featuring Intel's Core i, Celeron, Pentium, and Atom x7000 processors. This high-performance module offers exceptional computational power, advanced design-in-service, and comprehensive I/O support, making it the perfect choice for various applications in the medical, transportation, industrial control, and automation sectors. These applications are crucial in the rapidly growing multi-access edge computing market.
ADLINK Technology Inc. also made a significant move in July 2023 by introducing the SuperCAT, a state-of-the-art software-defined EtherCAT motion controller. This product launch not only showcased the company's expertise in motion control technology but also demonstrated their commitment to staying at the forefront of advancements in the multi-access edge computing arena.
| Report Attributes | Details |
| Market Size in 2022 | US$ 340.2 Mn |
| Market Size by 2030 | US$ 3332.7 Mn |
| CAGR | CAGR of 33.01 % From 2023 to 2030 |
| Base Year | 2022 |
| Forecast Period | 2023-2030 |
| Historical Data | 2019-2021 |
| Report Scope & Coverage | Market Size, Segments Analysis, Competitive Landscape, Regional Analysis, DROC & SWOT Analysis, Forecast Outlook |
| Key Segments | • By Component (Hardware, Software) • By Organization Size (Large Enterprises, Small and Medium-sized Enterprises (SMEs)) • By Application (Location-based Services, Video Surveillance, Unified Communication, Optimized Local Content Distribution, Data Analytics, Environmental Monitoring) • By End-user (Financial and Banking Industry, Retail, Healthcare and Life Sciences, Industrial, Energy and Utilities, Telecommunications, Others) |
| Regional Analysis/Coverage | North America (US, Canada, Mexico), Europe (Eastern Europe [Poland, Romania, Hungary, Turkey, Rest of Eastern Europe] Western Europe] Germany, France, UK, Italy, Spain, Netherlands, Switzerland, Austria, Rest of Western Europe]), Asia Pacific (China, India, Japan, South Korea, Vietnam, Singapore, Australia, Rest of Asia Pacific), Middle East & Africa (Middle East [UAE, Egypt, Saudi Arabia, Qatar, Rest of Middle East], Africa [Nigeria, South Africa, Rest of Africa], Latin America (Brazil, Argentina, Colombia Rest of Latin America) |
| Company Profiles | Advantech Co., Ltd., Saguna Networks Ltd., Brocade Communications Systems Inc., Vasona Networks, Inc., Vapor IO, Inc., Huawei Technology Co. Ltd., Artesyn Embedded Technologies Inc., Nokia Corporation, Juniper Networks Inc., Adlink Technology Inc |
| Key Drivers | • There is a growing demand among enterprises to ensure Quality of Experience (QoE) in their operations. • Heightened emphasis on providing high bandwidth and minimizing latency. |
| Market Restraints | • Insufficient infrastructure and deployment capabilities. |
Ans: USD 340.2 billion in 2022 is the market share of the Mobile Edge Computing (MEC) Market.
Ans. The CAGR of the Mobile Edge Computing (MEC) Market for the forecast period 2022-2030 is 33.01 %.
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Ans. The forecast period for the Mobile Edge Computing (MEC) Market is 2022-2030.
Ans:
Table of Contents
1. Introduction
1.1 Market Definition
1.2 Scope
1.3 Research Assumptions
2. Research Methodology
3. Market Dynamics
3.1 Drivers
3.2 Restraints
3.3 Opportunities
3.4 Challenges
4. Impact Analysis
4.1 COVID-19 Impact Analysis
4.3 Impact of Ongoing Recession
4.3.1 Introduction
4.3.2 Impact on major economies
4.3.2.1 US
4.3.2.2 Canada
4.3.2.3 Germany
4.3.2.4 France
4.3.2.5 United Kingdom
4.3.2.6 China
4.3.2.7 japan
4.3.2.8 South Korea
4.3.2.9 Rest of the World
5. Value Chain Analysis
6. Porter’s 5 forces model
7. PEST Analysis
8. Mobile Edge Computing (MEC) Market Segmentation, By Components
8.1 Hardware
8.2 Software
9. Mobile Edge Computing (MEC) Market Segmentation, By Organizational Size
9.1 Small & Medium Enterprises
9.2 Large Enterprises
10. Mobile Edge Computing (MEC) Market Segmentation, By Application
10.1 Location-based Services
10.2 Video Surveillance
10.3 Unified Communication
10.4 Optimized Local Content Distribution
10.5 Data Analytics
10.6 Environmental Monitoring
11. Mobile Edge Computing (MEC) Market Segmentation, By End User
11.1 Financial and Banking Industry
11.2 Retail
11.3 Healthcare and Life Sciences
11.4 Industrial
11.5 Energy and Utilities
11.6 Telecommunications
11.7 Others
12. Regional Analysis
12.1 Introduction
12.2 North America
12.2.1 North America Mobile Edge Computing (MEC) Market By Country
12.2.2 North America Mobile Edge Computing (MEC) Market By Components
12.2.3 North America Mobile Edge Computing (MEC) Market By Organizational Size
12.2.4 North America Mobile Edge Computing (MEC) Market By Application
12.2.5 North America Mobile Edge Computing (MEC) Market By End User
12.2.6 USA
12.2.6.1 USA Mobile Edge Computing (MEC) Market By Components
12.2.6.2 USA Mobile Edge Computing (MEC) Market By Organizational Size
12.2.6.3 USA Mobile Edge Computing (MEC) Market By Application
12.2.6.4 USA Mobile Edge Computing (MEC) Market By End User
12.2.7 Canada
12.2.7.1 Canada Mobile Edge Computing (MEC) Market By Components
12.2.7.2 Canada Mobile Edge Computing (MEC) Market By Organizational Size
12.2.7.3 Canada Mobile Edge Computing (MEC) Market By Application
12.2.7.4 Canada Mobile Edge Computing (MEC) Market By End User
12.2.8 Mexico
12.2.8.1 Mexico Mobile Edge Computing (MEC) Market By Components
12.2.8.2 Mexico Mobile Edge Computing (MEC) Market By Organizational Size
12.2.8.3 Mexico Mobile Edge Computing (MEC) Market By Application
12.2.8.4 Mexico Mobile Edge Computing (MEC) Market By End User
12.3 Europe
12.3.1 Eastern Europe
12.3.1.1 Eastern Europe Mobile Edge Computing (MEC) Market By Country
12.3.1.2 Eastern Europe Mobile Edge Computing (MEC) Market By Components
12.3.1.3 Eastern Europe Mobile Edge Computing (MEC) Market By Organizational Size
12.3.1.4 Eastern Europe Mobile Edge Computing (MEC) Market By Application
12.3.1.5 Eastern Europe Mobile Edge Computing (MEC) Market By End User
12.3.1.6 Poland
12.3.1.6.1 Poland Mobile Edge Computing (MEC) Market By Components
12.3.1.6.2 Poland Mobile Edge Computing (MEC) Market By Organizational Size
12.3.1.6.3 Poland Mobile Edge Computing (MEC) Market By Application
12.3.1.6.4 Poland Mobile Edge Computing (MEC) Market By End User
12.3.1.7 Romania
12.3.1.7.1 Romania Mobile Edge Computing (MEC) Market By Components
12.3.1.7.2 Romania Mobile Edge Computing (MEC) Market By Organizational Size
12.3.1.7.3 Romania Mobile Edge Computing (MEC) Market By Application
12.3.1.7.4 Romania Mobile Edge Computing (MEC) Market By End User
12.3.1.8 Hungary
12.3.1.8.1 Hungary Mobile Edge Computing (MEC) Market By Components
12.3.1.8.2 Hungary Mobile Edge Computing (MEC) Market By Organizational Size
12.3.1.8.3 Hungary Mobile Edge Computing (MEC) Market By Application
12.3.1.8.4 Hungary Mobile Edge Computing (MEC) Market By End User
12.3.1.9 Turkey
12.3.1.9.1 Turkey Mobile Edge Computing (MEC) Market By Components
12.3.1.9.2 Turkey Mobile Edge Computing (MEC) Market By Organizational Size
12.3.1.9.3 Turkey Mobile Edge Computing (MEC) Market By Application
12.3.1.9.4 Turkey Mobile Edge Computing (MEC) Market By End User
12.3.1.10 Rest of Eastern Europe
12.3.1.10.1 Rest of Eastern Europe Mobile Edge Computing (MEC) Market By Components
12.3.1.10.2 Rest of Eastern Europe Mobile Edge Computing (MEC) Market By Organizational Size
12.3.1.10.3 Rest of Eastern Europe Mobile Edge Computing (MEC) Market By Application
12.3.1.10.4 Rest of Eastern Europe Mobile Edge Computing (MEC) Market By End User
12.3.2 Western Europe
12.3.2.1 Western Europe Mobile Edge Computing (MEC) Market By Country
12.3.2.2 Western Europe Mobile Edge Computing (MEC) Market By Components
12.3.2.3 Western Europe Mobile Edge Computing (MEC) Market By Organizational Size
12.3.2.4 Western Europe Mobile Edge Computing (MEC) Market By Application
12.3.2.5 Western Europe Mobile Edge Computing (MEC) Market By End User
12.3.2.6 Germany
12.3.2.6.1 Germany Mobile Edge Computing (MEC) Market By Components
12.3.2.6.2 Germany Mobile Edge Computing (MEC) Market By Organizational Size
12.3.2.6.3 Germany Mobile Edge Computing (MEC) Market By Application
12.3.2.6.4 Germany Mobile Edge Computing (MEC) Market By End User
12.3.2.7 France
12.3.2.7.1 France Mobile Edge Computing (MEC) Market By Components
12.3.2.7.2 France Mobile Edge Computing (MEC) Market By Organizational Size
12.3.2.7.3 France Mobile Edge Computing (MEC) Market By Application
12.3.2.7.4 France Mobile Edge Computing (MEC) Market By End User
12.3.2.8 UK
12.3.2.8.1 UK Mobile Edge Computing (MEC) Market By Components
12.3.2.8.2 UK Mobile Edge Computing (MEC) Market By Organizational Size
12.3.2.8.3 UK Mobile Edge Computing (MEC) Market By Application
12.3.2.8.4 UK Mobile Edge Computing (MEC) Market By End User
12.3.2.9 Italy
12.3.2.9.1 Italy Mobile Edge Computing (MEC) Market By Components
12.3.2.9.2 Italy Mobile Edge Computing (MEC) Market By Organizational Size
12.3.2.9.3 Italy Mobile Edge Computing (MEC) Market By Application
12.3.2.9.4 Italy Mobile Edge Computing (MEC) Market By End User
12.3.2.10 Spain
12.3.2.10.1 Spain Mobile Edge Computing (MEC) Market By Components
12.3.2.10.2 Spain Mobile Edge Computing (MEC) Market By Organizational Size
12.3.2.10.3 Spain Mobile Edge Computing (MEC) Market By Application
12.3.2.10.4 Spain Mobile Edge Computing (MEC) Market By End User
12.3.2.11 Netherlands
12.3.2.11.1 Netherlands Mobile Edge Computing (MEC) Market By Components
12.3.2.11.2 Netherlands Mobile Edge Computing (MEC) Market By Organizational Size
12.3.2.11.3 Netherlands Mobile Edge Computing (MEC) Market By Application
12.3.2.11.4 Netherlands Mobile Edge Computing (MEC) Market By End User
12.3.2.12 Switzerland
12.3.2.12.1 Switzerland Mobile Edge Computing (MEC) Market By Components
12.3.2.12.2 Switzerland Mobile Edge Computing (MEC) Market By Organizational Size
12.3.2.12.3 Switzerland Mobile Edge Computing (MEC) Market By Application
12.3.2.12.4 Switzerland Mobile Edge Computing (MEC) Market By End User
12.3.2.13 Austria
12.3.2.13.1 Austria Mobile Edge Computing (MEC) Market By Components
12.3.2.13.2 Austria Mobile Edge Computing (MEC) Market By Organizational Size
12.3.2.13.3 Austria Mobile Edge Computing (MEC) Market By Application
12.3.2.13.4 Austria Mobile Edge Computing (MEC) Market By End User
12.3.2.14 Rest of Western Europe
12.3.2.14.1 Rest of Western Europe Mobile Edge Computing (MEC) Market By Components
12.3.2.14.2 Rest of Western Europe Mobile Edge Computing (MEC) Market By Organizational Size
12.3.2.14.3 Rest of Western Europe Mobile Edge Computing (MEC) Market By Application
12.3.2.14.4 Rest of Western Europe Mobile Edge Computing (MEC) Market By End User
12.4 Asia-Pacific
12.4.1 Asia Pacific Mobile Edge Computing (MEC) Market By Country
12.4.2 Asia Pacific Mobile Edge Computing (MEC) Market By Components
12.4.3 Asia Pacific Mobile Edge Computing (MEC) Market By Organizational Size
12.4.4 Asia Pacific Mobile Edge Computing (MEC) Market By Application
12.4.5 Asia Pacific Mobile Edge Computing (MEC) Market By End User
12.4.6 China
12.4.6.1 China Mobile Edge Computing (MEC) Market By Components
12.4.6.2 China Mobile Edge Computing (MEC) Market By Organizational Size
12.4.6.3 China Mobile Edge Computing (MEC) Market By Application
12.4.6.4 China Mobile Edge Computing (MEC) Market By End User
12.4.7 India
12.4.7.1 India Mobile Edge Computing (MEC) Market By Components
12.4.7.2 India Mobile Edge Computing (MEC) Market By Organizational Size
12.4.7.3 India Mobile Edge Computing (MEC) Market By Application
12.4.7.4 India Mobile Edge Computing (MEC) Market By End User
12.4.8 Japan
12.4.8.1 Japan Mobile Edge Computing (MEC) Market By Components
12.4.8.2 Japan Mobile Edge Computing (MEC) Market By Organizational Size
12.4.8.3 Japan Mobile Edge Computing (MEC) Market By Application
12.4.8.4 Japan Mobile Edge Computing (MEC) Market By End User
12.4.9 South Korea
12.4.9.1 South Korea Mobile Edge Computing (MEC) Market By Components
12.4.9.2 South Korea Mobile Edge Computing (MEC) Market By Organizational Size
12.4.9.3 South Korea Mobile Edge Computing (MEC) Market By Application
12.4.9.4 South Korea Mobile Edge Computing (MEC) Market By End User
12.4.10 Vietnam
12.4.10.1 Vietnam Mobile Edge Computing (MEC) Market By Components
12.4.10.2 Vietnam Mobile Edge Computing (MEC) Market By Organizational Size
12.4.10.3 Vietnam Mobile Edge Computing (MEC) Market By Application
12.4.10.4 Vietnam Mobile Edge Computing (MEC) Market By End User
12.4.11 Singapore
12.4.11.1 Singapore Mobile Edge Computing (MEC) Market By Components
12.4.11.2 Singapore Mobile Edge Computing (MEC) Market By Organizational Size
12.4.11.3 Singapore Mobile Edge Computing (MEC) Market By Application
12.4.11.4 Singapore Mobile Edge Computing (MEC) Market By End User
12.4.12 Australia
12.4.12.1 Australia Mobile Edge Computing (MEC) Market By Components
12.4.12.2 Australia Mobile Edge Computing (MEC) Market By Organizational Size
12.4.12.3 Australia Mobile Edge Computing (MEC) Market By Application
12.4.12.4 Australia Mobile Edge Computing (MEC) Market By End User
12.4.13 Rest of Asia-Pacific
12.4.13.1 Rest of Asia-Pacific Mobile Edge Computing (MEC) Market By Components
12.4.13.2 Rest of Asia-Pacific Mobile Edge Computing (MEC) Market By Organizational Size
12.4.13.3 Rest of Asia-Pacific Mobile Edge Computing (MEC) Market By Application
12.4.13.4 Rest of Asia-Pacific Mobile Edge Computing (MEC) Market By End User
12.5 Middle East & Africa
12.5.1 Middle East
12.5.1.1 Middle East Mobile Edge Computing (MEC) Market By Country
12.5.1.2 Middle East Mobile Edge Computing (MEC) Market By Components
12.5.1.3 Middle East Mobile Edge Computing (MEC) Market By Organizational Size
12.5.1.4 Middle East Mobile Edge Computing (MEC) Market By Application
12.5.1.5 Middle East Mobile Edge Computing (MEC) Market By End User
12.5.1.6 UAE
12.5.1.6.1 UAE Mobile Edge Computing (MEC) Market By Components
12.5.1.6.2 UAE Mobile Edge Computing (MEC) Market By Organizational Size
12.5.1.6.3 UAE Mobile Edge Computing (MEC) Market By Application
12.5.1.6.4 UAE Mobile Edge Computing (MEC) Market By End User
12.5.1.7 Egypt
12.5.1.7.1 Egypt Mobile Edge Computing (MEC) Market By Components
12.5.1.7.2 Egypt Mobile Edge Computing (MEC) Market By Organizational Size
12.5.1.7.3 Egypt Mobile Edge Computing (MEC) Market By Application
12.5.1.7.4 Egypt Mobile Edge Computing (MEC) Market By End User
12.5.1.8 Saudi Arabia
12.5.1.8.1 Saudi Arabia Mobile Edge Computing (MEC) Market By Components
12.5.1.8.2 Saudi Arabia Mobile Edge Computing (MEC) Market By Organizational Size
12.5.1.8.3 Saudi Arabia Mobile Edge Computing (MEC) Market By Application
12.5.1.8.4 Saudi Arabia Mobile Edge Computing (MEC) Market By End User
12.5.1.9 Qatar
12.5.1.9.1 Qatar Mobile Edge Computing (MEC) Market By Components
12.5.1.9.2 Qatar Mobile Edge Computing (MEC) Market By Organizational Size
12.5.1.9.3 Qatar Mobile Edge Computing (MEC) Market By Application
12.5.1.9.4 Qatar Mobile Edge Computing (MEC) Market By End User
12.5.1.10 Rest of Middle East
12.5.1.10.1 Rest of Middle East Mobile Edge Computing (MEC) Market By Components
12.5.1.10.2 Rest of Middle East Mobile Edge Computing (MEC) Market By Organizational Size
12.5.1.10.3 Rest of Middle East Mobile Edge Computing (MEC) Market By Application
12.5.1.10.4 Rest of Middle East Mobile Edge Computing (MEC) Market By End User
12.5.2. Africa
12.5.2.1 Africa Mobile Edge Computing (MEC) Market By Country
12.5.2.2 Africa Mobile Edge Computing (MEC) Market By Components
12.5.2.3 Africa Mobile Edge Computing (MEC) Market By Organizational Size
12.5.2.4 Africa Mobile Edge Computing (MEC) Market By Application
12.5.2.5 Africa Mobile Edge Computing (MEC) Market By End User
12.5.2.6 Nigeria
12.5.2.6.1 Nigeria Mobile Edge Computing (MEC) Market By Components
12.5.2.6.2 Nigeria Mobile Edge Computing (MEC) Market By Organizational Size
12.5.2.6.3 Nigeria Mobile Edge Computing (MEC) Market By Application
12.5.2.6.4 Nigeria Mobile Edge Computing (MEC) Market By End User
12.5.2.7 South Africa
12.5.2.7.1 South Africa Mobile Edge Computing (MEC) Market By Components
12.5.2.7.2 South Africa Mobile Edge Computing (MEC) Market By Organizational Size
12.5.2.7.3 South Africa Mobile Edge Computing (MEC) Market By Application
12.5.2.7.4 South Africa Mobile Edge Computing (MEC) Market By End User
12.5.2.8 Rest of Africa
12.5.2.8.1 Rest of Africa Mobile Edge Computing (MEC) Market By Components
12.5.2.8.2 Rest of Africa Mobile Edge Computing (MEC) Market By Organizational Size
12.5.2.8.3 Rest of Africa Mobile Edge Computing (MEC) Market By Application
12.5.2.8.4 Rest of Africa Mobile Edge Computing (MEC) Market By End User
12.6. Latin America
12.6.1 Latin America Mobile Edge Computing (MEC) Market By Country
12.6.2 Latin America Mobile Edge Computing (MEC) Market By Components
12.6.3 Latin America Mobile Edge Computing (MEC) Market By Organizational Size
12.6.4 Latin America Mobile Edge Computing (MEC) Market By Application
12.6.5 Latin America Mobile Edge Computing (MEC) Market By End User
12.6.6 Brazil
12.6.6.1 Brazil Mobile Edge Computing (MEC) Market By Components
12.6.6.2 Brazil Mobile Edge Computing (MEC) Market By Organizational Size
12.6.6.3 Brazil Mobile Edge Computing (MEC) Market By Application
12.6.6.4 Brazil Mobile Edge Computing (MEC) Market By End User
12.6.7 Argentina
12.6.7.1 Argentina Mobile Edge Computing (MEC) Market By Components
12.6.7.2 Argentina Mobile Edge Computing (MEC) Market By Organizational Size
12.6.7.3 Argentina Mobile Edge Computing (MEC) Market By Application
12.6.7.4 Argentina Mobile Edge Computing (MEC) Market By End User
12.6.8 Colombia
12.6.8.1 Colombia Mobile Edge Computing (MEC) Market By Components
12.6.8.2 Colombia Mobile Edge Computing (MEC) Market By Organizational Size
12.6.8.3 Colombia Mobile Edge Computing (MEC) Market By Application
12.6.8.4 Colombia Mobile Edge Computing (MEC) Market By End User
12.6.9 Rest of Latin America
12.6.9.1 Rest of Latin America Mobile Edge Computing (MEC) Market By Components
12.6.9.2 Rest of Latin America Mobile Edge Computing (MEC) Market By Organizational Size
12.6.9.3 Rest of Latin America Mobile Edge Computing (MEC) Market By Application
12.6.9.4 Rest of Latin America Mobile Edge Computing (MEC) Market By End User
13 Company Profile
13.1 Advantech Co., Ltd.
13.1.1 Company Overview
13.1.2 Financials
13.1.3 Product/Services/Offerings
13.1.4 SWOT Analysis
13.1.5 The SNS View
13.2 Saguna Networks Ltd.
13.2.1 Company Overview
13.2.2 Financials
13.2.3 Product/Services/Offerings
13.2.4 SWOT Analysis
13.2.5 The SNS View
13.3 Brocade Communications Systems Inc.
13.3.1 Company Overview
13.3.2 Financials
13.3.3 Product/Services/Offerings
13.3.4 SWOT Analysis
13.3.5 The SNS View
13.4 Vasona Networks, Inc.
13.4.1 Company Overview
13.4.2 Financials
13.4.3 Product/Services/Offerings
13.4.4 SWOT Analysis
13.4.5 The SNS View
13.5 Vapor IO, Inc.
13.5.1 Company Overview
13.5.2 Financials
13.5.3 Product/Services/Offerings
13.5.4 SWOT Analysis
13.5.5 The SNS View
13.6 Huawei Technology Co. Ltd.
13.6.1 Company Overview
13.6.2 Financials
13.6.3 Product/Services/Offerings
13.6.4 SWOT Analysis
13.6.5 The SNS View
13.7 Artesyn Embedded Technologies Inc.
13.7.1 Company Overview
13.7.2 Financials
13.7.3 Product/Services/Offerings
13.7.4 SWOT Analysis
13.7.5 The SNS View
13.8 Nokia Corporation.
13.8.1 Company Overview
13.8.2 Financials
13.8.3 Product/Services/Offerings
13.8.4 SWOT Analysis
13.8.5 The SNS View
13.9 Juniper Networks Inc.
13.9.1 Company Overview
13.9.2 Financials
13.9.3 Product/Services/Offerings
13.9.4 SWOT Analysis
13.9.5 The SNS View
13.10 Adlink Technology Inc.
13.10.1 Company Overview
13.10.2 Financials
13.10.3 Product/Services/Offerings
13.10.4 SWOT Analysis
13.10.5 The SNS View
14. Competitive Landscape
14.1 Competitive Benchmarking
14.2 Market Share Analysis
14.3 Recent Developments
14.3.1 Industry News
14.3.2 Company News
14.3 Mergers & Acquisitions
15. USE Cases and Best Practices
16. Conclusion
An accurate research report requires proper strategizing as well as implementation. There are multiple factors involved in the completion of good and accurate research report and selecting the best methodology to compete the research is the toughest part. Since the research reports we provide play a crucial role in any company’s decision-making process, therefore we at SNS Insider always believe that we should choose the best method which gives us results closer to reality. This allows us to reach at a stage wherein we can provide our clients best and accurate investment to output ratio.
Each report that we prepare takes a timeframe of 350-400 business hours for production. Starting from the selection of titles through a couple of in-depth brain storming session to the final QC process before uploading our titles on our website we dedicate around 350 working hours. The titles are selected based on their current market cap and the foreseen CAGR and growth.
The 5 steps process:
Step 1: Secondary Research:
Secondary Research or Desk Research is as the name suggests is a research process wherein, we collect data through the readily available information. In this process we use various paid and unpaid databases which our team has access to and gather data through the same. This includes examining of listed companies’ annual reports, Journals, SEC filling etc. Apart from this our team has access to various associations across the globe across different industries. Lastly, we have exchange relationships with various university as well as individual libraries.
Step 2: Primary Research
When we talk about primary research, it is a type of study in which the researchers collect relevant data samples directly, rather than relying on previously collected data. This type of research is focused on gaining content specific facts that can be sued to solve specific problems. Since the collected data is fresh and first hand therefore it makes the study more accurate and genuine.
We at SNS Insider have divided Primary Research into 2 parts.
Part 1 wherein we interview the KOLs of major players as well as the upcoming ones across various geographic regions. This allows us to have their view over the market scenario and acts as an important tool to come closer to the accurate market numbers. As many as 45 paid and unpaid primary interviews are taken from both the demand and supply side of the industry to make sure we land at an accurate judgement and analysis of the market.
This step involves the triangulation of data wherein our team analyses the interview transcripts, online survey responses and observation of on filed participants. The below mentioned chart should give a better understanding of the part 1 of the primary interview.
Part 2: In this part of primary research the data collected via secondary research and the part 1 of the primary research is validated with the interviews from individual consultants and subject matter experts.
Consultants are those set of people who have at least 12 years of experience and expertise within the industry whereas Subject Matter Experts are those with at least 15 years of experience behind their back within the same space. The data with the help of two main processes i.e., FGDs (Focused Group Discussions) and IDs (Individual Discussions). This gives us a 3rd party nonbiased primary view of the market scenario making it a more dependable one while collation of the data pointers.
Step 3: Data Bank Validation
Once all the information is collected via primary and secondary sources, we run that information for data validation. At our intelligence centre our research heads track a lot of information related to the market which includes the quarterly reports, the daily stock prices, and other relevant information. Our data bank server gets updated every fortnight and that is how the information which we collected using our primary and secondary information is revalidated in real time.
Step 4: QA/QC Process
After all the data collection and validation our team does a final level of quality check and quality assurance to get rid of any unwanted or undesired mistakes. This might include but not limited to getting rid of the any typos, duplication of numbers or missing of any important information. The people involved in this process include technical content writers, research heads and graphics people. Once this process is completed the title gets uploader on our platform for our clients to read it.
Step 5: Final QC/QA Process:
This is the last process and comes when the client has ordered the study. In this process a final QA/QC is done before the study is emailed to the client. Since we believe in giving our clients a good experience of our research studies, therefore, to make sure that we do not lack at our end in any way humanly possible we do a final round of quality check and then dispatch the study to the client.
The Database Security Market is anticipated to develop at a CAGR of 12.48% from 2023 to 2030, from an estimated value of USD 7.25 billion in 2022 to USD 18.57 billion in 2030.
The Embedded Hypervisor Market size was valued at USD 11.13 billion in 2022 and is projected to reach USD 20.47 billion in 2030 with a growing CAGR of 7.92% Over the Forecast Period of 2023-2030.
The Enterprise Content Management (ECM) Market size was USD 25.8 billion in 2022 and is expected to Reach USD 55.3 billion by 2030 and grow at a CAGR of 10 % over the forecast period of 2023-2030.
The Application Security Market size was valued at USD 8.04 Bn in 2022 and is expected to reach USD 27.85 Bn by 2030, and grow at a CAGR of 16.79 % over the forecast period 2023-2030.
The Tax Management Software Market was estimated to be worth USD 20.12 billion in 2022 and is projected to reach USD 48.51 billion by 2030, with growing at a CAGR of 11.63% from 2023 to 2030.
The Insurance Telematics Market size was USD 4.2 billion in 2022 and is expected to Reach USD 17.7 billion by 2030 and grow at a CAGR of 19.7 % over the forecast period of 2023-2030.
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