Often used synonymously, MEC refers to Mobile Edge Computing or Multi Access Edge Computing with the former being more cellular network centric (LTE and 5G) and the latter terminology adopted by standards groups to generalize edge computing to reflect that it may be also be used by WiFi and other wireless access technologies. The distinction between the Multi Access Edge Computing market and Mobile Edge Computing largely ends with radio access and network type, as almost every other aspect is the same including localizing computing (e.g. computation and storage closer to the end-user), network element virtualization, software and service-centric operations.
Multi Access Edge Computing Market Dynamics
MEC is beneficial for LTE, but virtually essential for 5G. This is because Mobile Edge Computing facilitates optimization of fifth generation network resources including focusing communications and computational capacity where it is needed the most. Without MEC, 5G would continue to rely upon back-haul to centralized cloud resource for storage and computing, diminishing much of the otherwise positive impact of latency reduction enabled by 5G.
Mobile Edge Computing is Essential to 5G
The deployment MEC with 5G also provides a very powerful combination based on some of the latter’s key attributes such as network slicing, which in conjunction with localized computing provides unparalleled opportunities for Quality of Service and Quality of Experience optimization for both consumers and enterprise users. This will benefit both data-only apps as well as Voice over 5G (Vo5G) supported services. In addition, many industrial automation applications, such as Cloud Robotics, will be enabled by the combination of MEC and 5G.
It is important to note that the Multi Access Edge Computing market goes beyond cellular, and there are a few key standards initiatives and groups involved in ensuring MEC works for other networks. This includes the European Telecommunications Standards Institute (ETSI), Central Office Re-architected as a Data Center (CORD), and the Edge Computing Consortium. While these standards efforts will ultimately result in support for wireless access of many types, the Mobile Edge Computing market (e.g. cellular networks) is expected to be the first and largest beneficiary.
The technical drivers for the Multi Access Edge Computing market include reduced energy consumption, lower operational costs, reduced network latency, and maximized throughput. These technology-focused attributes provide some very compelling Mobile Edge Computing market drivers including many customer-focused benefits such as a more open service creation and deployment environment, application customization, and premium services optimization. In addition, MEC provides improved network economics for back-haul, front-haul, and overall communications/computing operations.
Multi Access Edge Computing Market Report
This report evaluates the telecom and IT ecosystem in support of MEC including communications and computing infrastructure providers, managed services vendors, carriers and OTT providers. Our MEC analysis includes a focus on company strategies and offerings relative to current and anticipated future market needs.
The report also provides quantitative analysis of the Mobile Edge Computing market including segmentation by industry vertical, region of the world, application and services. It also provides forecasts for MEC based streaming data and real-time data analytics. This report also takes into consideration the following market characteristics and ecosystem issues:
Multi Access Edge Computing Market Characteristics
- Proximity: MEC allows for applications, services, and data to be optimized based on their proximity to end-users
- Low Latency: MEC network topology reduces latency for any network or radio access type including LTE, 5G, and WiFi
- Location-aware: By its very nature, MEC is location-based, allowing for apps and services to be inherently location-enabled
- Contextual: MEC provides both a Network and User Context, allowing service providers of all types (carriers and OTT providers) optimize operations
- Network Densification: As part of a Heterogeneous Network (HetNet), MEC is a key computing component of a dense distribution of network elements
Multi Access Edge Computing Market Ecosystem
- Carriers: Legacy Communication Service Providers (CSP) will benefit greatly from Mobile Edge Computing
- Over the Top (OTT) Service Providers: While they do not have their own networks, MEC is also important to OTT providers
- Infrastructure Providers: MEC impacts traditional telephony equipment providers as they must now be concerned with computing as well
- Application Developers: MEC is driving a more open and distributed communications/computing architecture, which is good for developers
- Datacenters: MEC allows computing vendors to expand and diversify their offerings as mini-datacenters will be distributed throughout networks
- Systems Integrators: MEC drives the need for systems integrators to help CSPs with simultaneous communications/computing planning and deployment
Mobile Edge Computing and Communications Expertise and Knowledge Base
Why purchase this Mobile Edge Computing market report from Mind Commerce?
Our market research practice focuses exclusively on the Information and Communications Technology (ICT) sector. Our edge computing research leverages our numerous years of focus on many topics within cellular network infrastructure, applications and services. More recently, Mind Commerce has dedicated substantial resources and effort on the convergence of operational technology, information technology, and telephony.
We have developed a unique perspective regarding both the tactical and strategic elements of edge computing. In addition, we have a strong vision for the future of the Multi Access Edge Computing market and the impact of MEC on ICT as well as many other enterprise and industrial industry verticals.