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Jul 31, 2017 1:55 PM ET

Global Mobile Edge Computing (MEC) Market (2017-2023): Key Players are IBM Corporation, Huawei Technology, Intel Corporation, Juniper Network, Saguna Networks & Nokia Corporation

iCrowdNewswire - Jul 31, 2017

The “Global Mobile Edge Computing (MEC) Market Insights, Opportunity, Analysis, Market Shares And Forecast 2017 – 2023” report has been added to Research and Markets’ offering.

The Mobile Edge Computing (MEC) market is expected to grow with a CAGR of around 50.2% during the forecast period 2016-2023.

The rising data traffic is one of the major factor which is increasing the growth of global mobile edge computing market. In 2016, the global mobile data traffic is accounted at 8.9 exabyte which is expected to reach to 69 exabytes by the end of 2022. Hence, the rise in data traffic is rising the demand of mobile edge communication systems. In addition to driving factor there are factors such as regulatory & legal framework and privacy and security concern as one of the key restraining factor restricting the growth of mobile edge computing market.

Geographically, North America held the highest revenue share in 2016 in mobile edge computing market. The growth in North American mobile edge computing market is majorly driven by the increasing adoption of smart devices such as smartphone, tablets, etc. The Asia pacific mobile edge computing market is expected to grow with an impressive CAGR during the forecast period 2016-2023. The growth of mobile edge computing market is mainly driven by proliferation of smartphones in countries such as India, China, etc. due to growing demand for real time access and social media growth. Furthermore, growing government initiative in Asian countries such as India, China, Japan, etc. is also contributing to growth in Asia Pacific mobile edge computing market.

Companies Mentioned

– Adlink Technology Inc.
– Artesyn’S Embedded Technologies
– Gigaspaces
– Huawei Technologies Co. Ltd.
– IBM Corporation
– Integrated Device Technology, Inc.
– Intel Corporation
– Juniper Networks, Inc.
– Nokia Corporation
– Peerapp, Inc.
– Quortus
– Saguna Networks Ltd.
– Spidercloud Wireless, Inc.
– Vasona Networks
– ZTE Corporation

Key Topics Covered:

1. Introduction

2. Market Overview

3. Market Determinants

4. Market Segmentation

5. Competitive Landscape

6. Geographical Analysis

7. Company Profiles

For more information about this report visit https://www.researchandmarkets.com/research/mfgbvc/global_mobile

Contact Information:

Research and Markets,
Laura Wood,
Senior Manager.
press@researchandmarkets.com
Fax from USA: 646-607-1907
Fax from rest of the world: +353-1-481-1716
Related Topics: Mobile Networks (https://www.researchandmarkets.com/categories.asp?cat_id=649&campaign_id=mfgbvc)

Via iCrowdNewswire
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