The mobile edge computing market is expected to reach $2.8 billion by 2027, at a CAGR of 30.1% during the forecast period of 2020 to 2027.
The increasing mobile data traffic & rising need to enhance data quality, rising demand for low-latency processing & real-time automated decision-making solutions, and increasing adoption of MEC solutions across various end use sectors are the major factors driving the growth of mobile edge computing market. In addition, the expansion of MEC in AR/VR applications is expected to offer immense growth opportunities for the growth of the market. However, a lack of infrastructure and deployment capabilities can obstruct the growth of this market. Besides, security issues with edge computing are expected to limit this market’s growth.
Here are the top 10 companies operating in this Mobile Edge Computing Market–
SAGUNA Network, Ltd.
Founded in 2008 and headquartered in Yokneam, Israel, SAGUNA Network is a leader and innovator in the edge cloud computing solutions market. The company is the multi-access edge cloud computing pioneer, helping communication companies monetize, optimize, and accelerate their networks. Its edge-cloud solutions transform communication networks into powerful cloud computing infrastructure. The company’s award-winning Saguna Edge Cloud MEC solution simplifies & accelerates the development, deployment, management, and automation of edge cloud platforms and edge applications. Saguna has its presence in North America and the Middle East.
Corning specializes in specialty glass, ceramics, and related materials and technologies, including advanced optics, primarily for industrial and scientific applications. The company operates in the mobile edge computing market through its subsidiary, SpiderCloud Wireless, Inc. SpiderCloud develops scalable and multi-access small-cell network platforms that allow mobile operators to deliver cellular and Wi-Fi coverage, capacity, and smart applications to enterprises and venues of any size. Its EDGE solutions were the industry’s first pre-terminated optical cabling systems specifically designed for the data center environment.
Corning has its presence across North America, Asia-Pacific, and Europe with its subsidiaries and strong distribution network. Some of its subsidiaries include Axygen, Inc. (U.S.), Corning Gilbert Inc. (U.S.), and Discovery Labware Inc. (U.S.).
Founded in 2015 and headquartered in Texas, U.S., Vapor IO provides intelligent, hyper modular data center solutions. The company also offers network solving for the edge, combining edge exchange, edge colocation, and edge networking. Significantly lowering capex and opex costs when building and running data-driven data centers, Vapor IO provides an integrated solution to integration problems. Eliminating complex structures and parking lot data centers, Vapor IO offers a true intelligence platform for any data center workload.
The Kinetic Edge enables new and innovative edge-driven applications at unprecedented performance levels and reduces the cost requirements for CDN, cloud, and network operators through its innovative capabilities. Vapor IO is dedicated to building out the Kinetic Edge as a nationwide network solving for the edge, using our purpose-built technologies to create the foundation for the next-generation internet. Vapor IO offers a new kind of colocation, powered by the Kinetic Edge. The company deploys data centers at the edge of the last-mile networks to bring the most extensive collection of interconnected edge colocation facilities.
Founded in 2018 and headquartered in Texas, U.S., ZephyrTel designs and develops application software. It offers a wide range of Telco cloud solutions for mobile, infrastructure, and retail in the telecommunications industry. ZephyrTel also provides an end-to-end Telco OSS/BSS Application suite. ZephyrTel has installations in over 50 countries worldwide, and its customers include more than 330 of the leading telecom operators globally. Some of the subsidiaries of Ekso Bionics Holdings, Inc. include NewNet Mobile Communications (U.S.), ResponseTek (Canada), PeerApp (U.S.), Vasona Networks (U.S.), Mobilogy Inc. (U.S.), and Volt Delta Resources, LLC (U.S.).
A report into the projected growth of the current Mobile Edge Computing Market by Meticulous Research® has produced some incredible forecasts for the industry. By 2027, it’s expected to have grown at a CAGR of 30.1%, reaching over $2.8 billion.
Huawei Technologies co., Ltd.
Huawei is a leading global provider of information and communications technology (ICT) infrastructure and smart devices. The company operates through three business segments: Carrier Business, Enterprise Business, and Consumer Business. Initially focused on manufacturing phone switches, Huawei has expanded its business to include building telecommunications networks, providing operational and consulting services and equipment to enterprises inside and outside China, and manufacturing communications devices for the consumer market. Furthermore, the company offers edge computing services like Intelligent EdgeFabric and EC-IoT.
With its subsidiaries and a strong distribution network, the company has its presence in various regions, such as North America, Europe, Asia-Pacific, and the Middle East & Africa. Some of the subsidiaries of Huawei Technologies Co, Ltd are Huawei Device Co., Ltd., Huawei Machine Co., Ltd., and Shanghai Huawei Technologies Co.,
Juniper Networks, Inc.
Juniper Networks designs, develops, and sells products and services for high-performance networks to enable customers to build scalable, reliable, secure, and cost-effective networks for their businesses. The company develops and markets networking products, including routers, switches, network management software, network security products, and software-defined networking technology. It sells its products in more than 150 countries. The company delivers highly scalable, reliable, secure, and cost-effective networks. Some of the subsidiaries of Juniper are Mist System, Inc. (U.S.), Aurrion, Inc. (U.S.), and AppFormix, Inc. (U.S.).
IBM provides computer solutions. The company offers application, technology consulting and support, process design and operations, cloud, digital workplace, network services, business resiliency, strategy, and design solutions. IBM manufactures and sells hardware & software and delivers numerous hosting and consulting services from mainframe processors to nanotechnology domains.
IBM functions through five key segments: Cognitive Solutions, Technology Services & Cloud Platforms, Global Business Services, Systems, and Global Financing. IBM is the world’s enterprise AI leader and largest cybersecurity enterprise. In the mobile edge computing market, IBM provides an autonomous management offering that addresses the scale, variability, and change rate in edge environments. The company also offers solutions to help telcos modernize their networks and deliver new services at the edge.
With its subsidiaries and a strong distribution network, the company has its presence in the Americas, Europe, the Middle East & Africa, and Asia-Pacific. Some of its subsidiaries are Red Hat, IBM India, Aspera, and Fiberlink Communications.
Intel designs, manufactures, and sells computer components and related products. The company’s major products include microprocessors, chipsets, embedded processors and microcontrollers, flash memory, graphic, network and communication, systems management software, conferencing, and digital imaging products. Intel supplies microprocessors for computer system manufacturers, such as Apple, Lenovo, HP, and Dell. The company offers various MEC solutions in the market. For instance, Intel’s Intel Edge Cloud Software Development Kit (SDK) enables software developers to quickly conceptualize, create, optimize, and test innovative and reliable solutions that demonstrate the Intelligent Network to their customers. This kit offers a ready-to-use development environment with computing, software, development, analysis and debug/trace tools, documentation, and extensive ecosystem support for prototyping a wide range of smart cell deployments.
With its subsidiaries and a strong distribution network, the company has its presence in various regions such as North America, Europe, Asia- Pacific, Latin America, and the Middle East & Africa. The major subsidiaries of Intel Corporation are Altera, Mobileye, Nervana Systems, Wind River, and eASIC Corporation.
AT&T is a communication holding company. The company provides local and long-distance phone service, wireless and data communications, Internet access and messaging, IP-based and satellite television, security services, telecommunications equipment, and directory advertising and publishing through its subsidiaries and affiliates. The company also provides multi-access edge computing (MEC) services and platforms. AT&T MEC, powered by AT&T cellular connectivity, provides a cost-effective way to enhance existing private networks through the intelligent allocation of data assets. The company through four business segments, namely, Communications, WarnerMedia, Latin America, and Xandr.
With its subsidiaries and strong distribution network, the company has its presence across the United States, Europe, Mexico, Brazil, and Asia-Pacific. Some of its subsidiaries include DIRECTV, AT&T TV NOW, AT and T Store and, Cricket Wireless.
Nokia develops and delivers an end-to-end portfolio of network equipment, software, services, and licensing. The company offers a broad range of technological devices and software and operates networks, sales, and communication channels. Nokia’s edge computing product and service portfolio include Nokia Cloud solution, AirScale cloud RAN, Smart venue, LTE V2X, and Airframe open edge server. The company operates through four business segments: Networks, Nokia Software, Nokia Technologies, and Other.
With its subsidiaries and strong distribution network, the company has its presence across Asia-Pacific, Europe, Greater China, Latin America, the Middle East & Africa, and North America. Some of its subsidiaries are Nokia Networks (Finland), Bell Labs (U.S.), and Smarterphone (Norway).
Popular Mentions: ADLINK Technology, Inc. (Taiwan), Advantech Co., Ltd. (Taiwan), Artesyn Embedded Technologies, Inc. (a part of Emerson Electric Co.) (U.S.), and GigaSpaces Technologies, Inc. (U.S.)
Authoritative Research on the Mobile Edge Computing Market – Global Opportunity Analysis and Industry Forecast (2020-2027)
Need more information? Meticulous Research®’s new report covers each of these companies in much more detail, providing analysis on the following:
- Recent financial performance
- Key products
- Significant company strategies
- Partnerships and acquisitions
The Comprehensive report provides global market size estimates, market share analysis, revenue numbers, and coverage of key issues and trends.
Please download report pages and learn more: