August 11, 2017
The Mobile Edge Computing market is expected to grow from USD 185.8 Million in 2017 to USD 838.6 Million by 2022, at a Compound Annual Growth Rate (CAGR) of 35.2%. The demand for Mobile Edge Computing is driven by many factors, such as increasing need among enterprises to deliver Quality of Experience (QoE) and rising focus on delivering high bandwidth and low latency.
The demand for MEC is majorly driven by increasing need to improve end-user's Quality of Experience (QoE). With the rising demand for ultra-low latency and high bandwidth requirements, the adoption rate of MEC technology among enterprises is expected to gain a major traction during the forecast period.
Sign up to receive TelecomTV's top news and videos, plus exclusive subscriber-only content direct to your inbox.