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

By Industry Vertical;

Media & Entertainment, Retail, IT & Telecom, Healthcare, BFSI, and Others.

By Technology;

4G, 5G, and Wi-Max.

By Application;

Location-Based Services, Video Surveillance, Unified Communication, Optimized Local Content Distribution, Data Analytics, and Environmental Monitoring.

By Geography;

North America, Europe, Asia Pacific, Middle East and Africa and Latin America - Report Timeline (2021 - 2031).
Report ID: Rn188902895 Published Date: March, 2025 Updated Date: April, 2025

Introduction

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

In the year 2024, the Global Mobile Edge Computing (MEC) Market was valued at USD 1,057.67 million. The size of this market is expected to increase to USD 8,824.30 million by the year 2031, while growing at a Compounded Annual Growth Rate (CAGR) of 35.4%.

The global Mobile Edge Computing (MEC) market is witnessing rapid growth driven by the increasing demand for low-latency and high-bandwidth applications across various industries. MEC technology enables processing and storage capabilities at the edge of the network, closer to end-users, thereby reducing latency and enhancing the overall user experience. This paradigm shift towards edge computing is propelled by the proliferation of IoT devices, 5G networks, and the need for real-time data processing in applications such as autonomous vehicles, augmented reality (AR), and smart cities.

Key players in the MEC market are investing heavily in research and development to enhance their product offerings and expand their market presence. Companies like Huawei Technologies, Nokia Corporation, and Intel Corporation are leading the charge by developing innovative MEC solutions tailored to specific industry requirements. Moreover, strategic partnerships and collaborations among telecom operators, cloud service providers, and technology vendors are further fueling market growth by accelerating the deployment of MEC infrastructure and services.

The adoption of MEC is poised to revolutionize various sectors, including telecommunications, healthcare, manufacturing, and transportation. Telecom operators are leveraging MEC to optimize network performance, reduce operational costs, and deliver new revenue-generating services. In healthcare, MEC facilitates real-time patient monitoring, remote diagnostics, and telemedicine applications, improving healthcare delivery and patient outcomes. Furthermore, in manufacturing and transportation, MEC enables predictive maintenance, autonomous operations, and efficient resource utilization, driving operational efficiency and competitiveness in the global market landscape.

  1. Introduction
    1. Research Objectives and Assumptions
    2. Research Methodology
    3. Abbreviations
  2. Market Definition & Study Scope
  3. Executive Summary
    1. Market Snapshot, By Industry Vertical
    2. Market Snapshot, By Technology
    3. Market Snapshot, By Application
    4. Market Snapshot, By Region
  4. Global Mobile Edge Computing (MEC) Market Dynamics
    1. Drivers, Restraints and Opportunities
      1. Drivers
        1. Technology Advancements
        2. Growing Demand for Low Latency
        3. Increasing Data Traffic
        4. Rise in Edge Computing Adoption
        5. Expansion of 5G Networks
      2. Restraints
        1. Security Concerns
        2. Integration Challenges
        3. Regulatory Hurdles
        4. Infrastructure Limitations
        5. Scalability Issues
      3. Opportunities
        1. Industry Vertical Expansion
        2. Emerging Markets
        3. Partnerships and Collaborations
        4. Edge AI Integration
        5. Edge Computing Services
    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 (MEC) Market, By Industry Vertical, 2021 - 2031 (USD Million)
      1. Media & Entertainment
      2. Retail
      3. IT & Telecom
      4. Healthcare
      5. BFSI
      6. Others
    2. Global Mobile Edge Computing (MEC) Market, By Technology, 2021 - 2031 (USD Million)
      1. 4G
      2. 5G
      3. Wi-Max
    3. Global Mobile Edge Computing (MEC) Market, By Application, 2021 - 2031 (USD Million)
      1. Location-based Services
      2. Video Surveillance
      3. Unified Communication
      4. Optimized Local Content Distribution
      5. Data Analytics
      6. Environmental Monitoring
    4. Global Mobile Edge Computing (MEC) 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
        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. Huawei Technologies Co., Ltd.
      2. Nokia Corporation
      3. Intel Corporation
      4. IBM Corporation
      5. Cisco Systems, Inc.
  7. Analyst Views
  8. Future Outlook of the Market