Global Mobile Edge Computing Market Growth, Share, Size, Trends and Forecast (2025 - 2031)

By Component;

Hardware, Software, and Services.

By Application;

Real-time Data Processing & Analysis, Predictive Maintenance, and Optimization.

By Geography;

North America, Europe, Asia Pacific, Middle East and Africa and Latin America - Report Timeline (2021 - 2031).
Report ID: Rn128916154 Published Date: March, 2025 Updated Date: April, 2025

Introduction

Global Mobile Edge Computing Market (USD Million), 2021 - 2031

In the year 2023, the Global Mobile Edge Computing Market was valued at USD 781.14 million. The size of this market is expected to increase to USD 6,517.21 million by the year 2030, while growing at a Compounded Annual Growth Rate (CAGR) of 35.4%.

Mobile Edge Computing (MEC), also known as Multi-access Edge Computing, is a distributed computing paradigm that brings computation and data storage closer to the edge of the network, enabling faster data processing, reduced latency, and improved quality of service for mobile users. This innovative approach leverages edge computing resources deployed at the network edge, such as base stations, access points, and edge servers, to offload processing tasks from centralized cloud data centers and deliver services closer to end-users.

The proliferation of bandwidth-intensive applications, including augmented reality (AR), virtual reality (VR), video streaming, online gaming, and Internet of Things (IoT) devices, is driving the need for MEC solutions. By processing data closer to where it is generated, MEC reduces the distance data travels over the network, minimizing latency and enhancing user experiences. This is particularly critical for time-sensitive applications such as autonomous vehicles, industrial automation, telemedicine, and real-time analytics, where even milliseconds of delay can impact performance and safety.

The deployment of 5G networks is catalyzing the adoption of MEC, as 5G's high-speed, low-latency capabilities unlock the full potential of edge computing. MEC complements 5G by enabling localized data processing, content caching, and network optimization, paving the way for innovative use cases such as ultra-reliable low-latency communication (URLLC), massive machine-type communication (mMTC), and network slicing. As mobile operators roll out 5G networks worldwide, MEC presents a compelling value proposition to enhance network efficiency, scalability, and monetization opportunities.

  1. Introduction
    1. Research Objectives and Assumptions
    2. Research Methodology
    3. Abbreviations
  2. Market Definition & Study Scope
  3. Executive Summary
    1. Market Snapshot, By Component
    2. Market Snapshot, By Application
    3. Market Snapshot, By Region
  4. Global Mobile Edge Computing Market Dynamics
    1. Drivers, Restraints and Opportunities
      1. Drivers
        1. 5G Adoption

        2. Latency-sensitive Applications

        3. Increasing Bandwidth Demand

      2. Restraints
        1. Infrastructure Complexity

        2. Security Concerns

        3. Regulatory Hurdles

      3. Opportunities
        1. Edge AI Integration

        2. Industry 4.0 Applications

        3. Network Optimization

    2. PEST Analysis
      1. Political Analysis
      2. Economic Analysis
      3. Social Analysis
      4. Technological Analysis
    3. Porter's Analysis
      1. Bargaining Power of Suppliers
      2. Bargaining Power of Buyers
      3. Threat of Substitutes
      4. Threat of New Entrants
      5. Competitive Rivalry
  5. Market Segmentation
    1. Global Mobile Edge Computing Market, By Component, 2021 - 2031 (USD Million)
      1. Hardware

      2. Software

      3. Services

    2. Global Mobile Edge Computing Market, By Application, 2021 - 2031 (USD Million)
      1. Real-time Data Processing & Analysis

      2. Predictive Maintenance

      3. Optimization

    3. Global Mobile Edge Computing Market, By Geography, 2021 - 2031 (USD Million)
      1. North America
        1. United States
        2. Canada
      2. Europe
        1. Germany
        2. United Kingdom
        3. France
        4. Italy
        5. Spain
        6. Nordic
        7. Benelux
        8. Rest of Europe
      3. Asia Pacific
        1. Japan
        2. China
        3. India
        4. Australia & New Zealand
        5. South Korea
        6. ASEAN (Association of South East Asian Countries)
        7. Rest of Asia Pacific
      4. Middle East & Africa
        1. GCC
        2. Israel
        3. South Africa
        4. Rest of Middle East & Africa
      5. Latin America
        1. Brazil
        2. Mexico
        3. Argentina
        4. Rest of Latin America
  6. Competitive Landscape
    1. Company Profiles
      1. IBM (US)
      2. HPE (US)
      3. Microsoft (US)
      4. Dell Technologies (US)
      5. Google (US)
      6. AWS (US)
      7. Cisco (US)
      8. NVIDIA (US)
  7. Analyst Views
  8. Future Outlook of the Market