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Multi-Access Edge Computing Market Share

  • Report ID: GMI11445
  • Published Date: Sep 2024
  • Report Format: PDF

Multi-Access Edge Computing Market Share

Intel and Amazon Web Services are the prominent players in the market holding approximately 18% of the market share. Intel delivers advanced hardware solutions for MEC environments, including Xeon Scalable processors, FPGAs, and Movidius Vision Processing Units, enhancing edge processing power and efficiency. Intel integrates its hardware with MEC platforms to ensure high performance, low latency, and energy efficiency. Collaborating with telecom operators, cloud providers, and technology partners, Intel fosters a robust MEC ecosystem. Partnerships with Nokia and Ericsson enable Intel to drive innovation and expand its market reach, supporting diverse MEC applications.
 

AWS extends its infrastructure to the edge with Wavelength, enabling low-latency applications and real-time data processing. By integrating Wavelength with telecom networks, AWS provides seamless access to its cloud services from the edge, supporting MEC use cases like IoT, gaming, and streaming. AWS invests in developer support through programs like AWS Edge Computing Competency and resources such as AWS Training and Certification. These initiatives equip developers to efficiently build and deploy MEC solutions, driving innovation and adoption.
 

Multi-Access Edge Computing Market Companies

Major players operating in the multi-access edge computing industry are:

  • Amazon Web Services
  • Cisco
  • Dell
  • HPE
  • Huawei
  • Intel
  • Microsoft Azure
  • Nokia
     
Authors: Preeti Wadhwani, Aishvarya Ambekar

Frequently Asked Questions (FAQ) :

The market size of multi-access edge computing reached USD 2.8 billion in 2023 and is set to register over 37.2% CAGR from 2024-2032, due to the rise of smart cities and connected vehicle ecosystems worldwide.

The hardware segment dominated around USD 1.6 billion in 2023, owing to a significant trend towards edge-optimized solutions for MEC environments.

North America market accounted for 43% share in 2023, attributed to 5G connections making up 32% of all wireless cellular connections in the region.

Amazon Web Services, Cisco, Dell, HPE, Huawei, Intel, Microsoft Azure., and Nokia, are some of the major multi-access edge computing companies worldwide.

Multi-Access Edge Computing Market Scope

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Premium Report Details

  • Base Year: 2023
  • Companies covered: 20
  • Tables & Figures: 180
  • Countries covered: 20
  • Pages: 240
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