The Asia Pacific Multi-access Edge Computing Market would witness market growth of 41.6% CAGR during the forecast period (2021-2027).
Industries such as utility and mining & energy are greatly using multi-access edge computing. Earlier, satellite communications were used as their primary communication medium for offshore mining accompanied by cloud computing and hybrid storage practices for the transfer and processing of data, which led to the loss of resources as well time. This loss of data forced the end-use industries to involve them in efficient communications and storage mediums to examine the large volume of data that is generated commonly at remote locations. The deployment of multi-access edge computing techniques allows users to control sensors and devices from a distant location. The introduction of Industry 4.0 and the capability to control mining processes from distant locations has resulted in rapid automation of processes utilizing various sensors and robots, which is accountable for surging the demand for multi-access edge computing technology.
As multi-access edge computing (MEC) has the capability to bring technology resources closer to the end-user, the demand for this technology is accelerating in Europe. The data is processed and stored at the network’s edge and helps in significantly reducing latency. Multi-access edge computing offers both cloud computing capabilities and the IT service environment, which helps in getting a real-time response. In addition, the European Telecommunications Standards Institute (ETSI) announced the model of multi-access edge computing (MEC) that allows efficient and fast data processing in mobile networks.
In the Asia-Pacific region, demand is growing rapidly for cloud computing and edge computing solutions that can accommodate vast volumes of data and meet low latency requirements. Multi-access Edge Computing (MEC) is a cloud-networking distributed architecture, which allows integration of real-time low latency access with edge servers to better manage latency-dependent applications. MEC is developed to serve mobile, Wi-Fi, and fixed users at the same time by connecting them through dedicated interfaces.
Moreover, in APAC, MEC is moving beyond small-scale & lab environments to early deployments in the past few years. This is especially true where providers are transferring time-sensitive and secure applications from the cloud to the edge for quick response time. For instance, China Telecom completed its smart parking project based on MEC & narrowband IoT. Further, in Taiwan, the city government of Taoyuan has leveraged MEC for a pilot smart streetlight system, with IoT sensors collecting traffic data and road construction information and enable the system to make quick decisions and take actions without any delay. Therefore, this surge in the demand for MEC will further propel the growth of the regional multi-access edge computing market during the forecast period.
The Telecom & IT market dominated the Malaysia Multi-access Edge Computing Market by End-use 2020, thereby, achieving a market value of $91.4 million by 2027. The Data Centers market is estimated to grow at a CAGR of 44.9% during (2021 - 2027). Additionally, The Automotive market is expected to witness a CAGR of 46.9% during (2021 - 2027).
Based on Solution, the market is segmented into Software, Hardware and Services. Based on End User, the market is segmented into Telecom & IT, Data Centers, Automotive, Smart Cities, Smart Homes, & Smart Buildings, Energy & Utilities, and Others. Based on countries, the market is segmented into China, Japan, India, South Korea, Singapore, Malaysia, and Rest of Asia Pacific.
Free Valuable Insights: The Worldwide Multi-access Edge Computing Market is Projected to reach USD 16.7 Billion by 2027, at a CAGR of 39.1%
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Hewlett Packard Enterprise Company, Juniper Networks, Inc., Huawei Technologies Co., Ltd., Amazon.com, Inc., Microsoft Corporation, Adlink Technology, Inc., Advantech Co., Ltd., ZephyrTel, FogHorn Systems and SMART Embedded Computing.
Scope of the Study
Market Segments Covered in the Report:
By Solution
- Software
- Hardware
- Services
By End User
- Telecom & IT
- Data Centers
- Automotive
- Smart Cities, Smart Homes, & Smart Buildings
- Energy & Utilities
- Others
By Country
- China
- Japan
- India
- South Korea
- Singapore
- Malaysia
- Rest of Asia Pacific
Key Market Players
List of Companies Profiled in the Report:
- Hewlett Packard Enterprise Company
- Juniper Networks, Inc.
- Huawei Technologies Co., Ltd.
- Amazon.com, Inc.
- Microsoft Corporation
- Adlink Technology, Inc.
- Advantech Co., Ltd.
- ZephyrTel
- FogHorn Systems
- SMART Embedded Computing
Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 Asia Pacific Multi-access Edge Computing Market, by Solution
1.4.2 Asia Pacific Multi-access Edge Computing Market, by End User
1.4.3 Asia Pacific Multi-access Edge Computing Market, by Country
1.5 Methodology for the research
Chapter 2. Market Overview
2.1 Introduction
2.1.1 Overview
2.1.1.1 COVID-19 impact
2.1.1.2 Market Composition and Scenario
2.2 Key Factors Impacting the Market
2.2.1 Market Drivers
2.2.2 Market Restraints
Chapter 3. Competition Analysis - Global
3.1 KBV Cardinal Matrix
3.2 Recent Industry Wide Strategic Developments
3.2.1 Partnerships, Collaborations and Agreements
3.2.2 Product Launches and Product Expansions
3.2.3 Acquisition and Mergers
3.3 Top Winning Strategies
3.3.1 Key Leading Strategies: Percentage Distribution (2017-2021)
Chapter 4. Asia Pacific Multi-access Edge Computing Market by End-use
4.1 Asia Pacific Telecom & IT Multi-access Edge Computing Market by Country
4.2 Asia Pacific Data Centers Multi-access Edge Computing Market by Country
4.3 Asia Pacific Automotive Multi-access Edge Computing Market by Country
4.4 Asia Pacific Smart Cities, Smart Homes, & Smart Buildings Multi-access Edge Computing Market by Country
4.5 Asia Pacific Energy & Utilities Multi-access Edge Computing Market by Country
4.6 Asia Pacific Other End-use Multi-access Edge Computing Market by Country
Chapter 5. Asia Pacific Multi-access Edge Computing Market by Solution
5.1 Asia Pacific Multi-access Edge Computing Software Market by Country
5.2 Asia Pacific Multi-access Edge Computing Hardware Market by Country
5.3 Asia Pacific Multi-access Edge Computing Services Market by Country
Chapter 6. Asia Pacific Multi-access Edge Computing Market by Country
6.1 China Multi-access Edge Computing Market
6.1.1 China Multi-access Edge Computing Market by End-use
6.1.2 China Multi-access Edge Computing Market by Solution
6.2 Japan Multi-access Edge Computing Market
6.2.1 Japan Multi-access Edge Computing Market by End-use
6.2.2 Japan Multi-access Edge Computing Market by Solution
6.3 India Multi-access Edge Computing Market
6.3.1 India Multi-access Edge Computing Market by End-use
6.3.2 India Multi-access Edge Computing Market by Solution
6.4 South Korea Multi-access Edge Computing Market
6.4.1 South Korea Multi-access Edge Computing Market by End-use
6.4.2 South Korea Multi-access Edge Computing Market by Solution
6.5 Singapore Multi-access Edge Computing Market
6.5.1 Singapore Multi-access Edge Computing Market by End-use
6.5.2 Singapore Multi-access Edge Computing Market by Solution
6.6 Malaysia Multi-access Edge Computing Market
6.6.1 Malaysia Multi-access Edge Computing Market by End-use
6.6.2 Malaysia Multi-access Edge Computing Market by Solution
6.7 Rest of Asia Pacific Multi-access Edge Computing Market
6.7.1 Rest of Asia Pacific Multi-access Edge Computing Market by End-use
6.7.2 Rest of Asia Pacific Multi-access Edge Computing Market by Solution
Chapter 7. Company Profiles
7.1 Hewlett Packard Enterprise Company
7.1.1 Company Overview
7.1.2 Financial Analysis
7.1.3 Segmental and Regional Analysis
7.1.4 Research & Development Expense
7.1.1 Recent strategies and developments:
7.1.1.1 Partnerships, Collaborations, and Agreements:
7.1.1.2 Acquisition and Mergers:
7.1.1.3 Product Launches and Product Expansions:
7.1.2 SWOT Analysis
7.2 Juniper Networks, Inc.
7.2.1 Company Overview
7.2.2 Financial Analysis
7.2.3 Regional Analysis
7.2.4 Research & Development Expenses
7.2.5 Recent strategies and developments:
7.2.5.1 Partnerships, Collaborations, and Agreements:
7.2.5.2 Acquisitions and Mergers:
7.3 Huawei Technologies Co., Ltd. (Huawei Investment & Holding Co., Ltd.)
7.3.1 Company Overview
7.3.2 Financial Analysis
7.3.3 Segmental and Regional Analysis
7.3.4 Research & Development Expense
7.4 Amazon.com, Inc.
7.4.1 Company Overview
7.4.2 Financial Analysis
7.4.3 Segmental and Regional Analysis
7.4.4 Recent strategies and developments:
7.4.4.1 Partnerships, Collaborations, and Agreements:
7.4.5 SWOT Analysis
7.5 Microsoft Corporation
7.5.1 Company Overview
7.5.2 Financial Analysis
7.5.3 Segmental and Regional Analysis
7.5.4 Research & Development Expenses
7.5.5 Recent strategies and developments:
7.5.5.1 Partnerships, Collaborations, and Agreements:
7.5.5.2 Product Launches and Product Expansions:
7.5.6 SWOT Analysis
7.6 Adlink Technology, Inc.
7.6.1 Company Overview
7.6.2 Financial Analysis
7.6.3 Regional Analysis
7.6.4 Research & Development Expense
7.7 Advantech Co., Ltd.
7.7.1 Company Overview
7.7.2 Financial Analysis
7.7.3 Segmental and Regional Analysis
7.7.4 Research & Development Expense
7.7.5 Recent strategies and developments:
7.7.5.1 Partnerships, Collaborations, and Agreements:
7.7.5.2 Product Launches and Product Expansions:
7.8 ZephyrTel
7.8.1 Company Overview
7.8.2 Recent strategies and developments:
7.8.2.1 Acquisitions and Mergers:
7.9 FogHorn Systems
7.9.1 Company Overview
7.9.2 Recent strategies and developments:
7.9.2.1 Partnerships, Collaborations, and Agreements:
7.10. SMART Embedded Computing
7.10.1 Company Overview
7.10.2 Financial Analysis
7.10.3 Segmental and Regional Analysis
7.10.4 Research & Development Expense
TABLE 1 Asia Pacific Multi-access Edge Computing Market, 2017 - 2020, USD Million
TABLE 2 Asia Pacific Multi-access Edge Computing Market, 2021 - 2027, USD Million
TABLE 3 Partnerships, Collaborations and Agreements– Multi-access Edge Computing Market
TABLE 4 Product Launches And Product Expansions– Multi-access Edge Computing Market
TABLE 5 Acquisition and Mergers– Multi-access Edge Computing Market
TABLE 6 Asia Pacific Multi-access Edge Computing Market by End-use, 2017 - 2020, USD Million
TABLE 7 Asia Pacific Multi-access Edge Computing Market by End-use, 2021 - 2027, USD Million
TABLE 8 Asia Pacific Telecom & IT Multi-access Edge Computing Market by Country, 2017 - 2020, USD Million
TABLE 9 Asia Pacific Telecom & IT Multi-access Edge Computing Market by Country, 2021 - 2027, USD Million
TABLE 10 Asia Pacific Data Centers Multi-access Edge Computing Market by Country, 2017 - 2020, USD Million
TABLE 11 Asia Pacific Data Centers Multi-access Edge Computing Market by Country, 2021 - 2027, USD Million
TABLE 12 Asia Pacific Automotive Multi-access Edge Computing Market by Country, 2017 - 2020, USD Million
TABLE 13 Asia Pacific Automotive Multi-access Edge Computing Market by Country, 2021 - 2027, USD Million
TABLE 14 Asia Pacific Smart Cities, Smart Homes, & Smart Buildings Multi-access Edge Computing Market by Country, 2017 - 2020, USD Million
TABLE 15 Asia Pacific Smart Cities, Smart Homes, & Smart Buildings Multi-access Edge Computing Market by Country, 2021 - 2027, USD Million
TABLE 16 Asia Pacific Energy & Utilities Multi-access Edge Computing Market by Country, 2017 - 2020, USD Million
TABLE 17 Asia Pacific Energy & Utilities Multi-access Edge Computing Market by Country, 2021 - 2027, USD Million
TABLE 18 Asia Pacific Other End-use Multi-access Edge Computing Market by Country, 2017 - 2020, USD Million
TABLE 19 Asia Pacific Other End-use Multi-access Edge Computing Market by Country, 2021 - 2027, USD Million
TABLE 20 Asia Pacific Multi-access Edge Computing Market by Solution, 2017 - 2020, USD Million
TABLE 21 Asia Pacific Multi-access Edge Computing Market by Solution, 2021 - 2027, USD Million
TABLE 22 Asia Pacific Multi-access Edge Computing Software Market by Country, 2017 - 2020, USD Million
TABLE 23 Asia Pacific Multi-access Edge Computing Software Market by Country, 2021 - 2027, USD Million
TABLE 24 Asia Pacific Multi-access Edge Computing Hardware Market by Country, 2017 - 2020, USD Million
TABLE 25 Asia Pacific Multi-access Edge Computing Hardware Market by Country, 2021 - 2027, USD Million
TABLE 26 Asia Pacific Multi-access Edge Computing Services Market by Country, 2017 - 2020, USD Million
TABLE 27 Asia Pacific Multi-access Edge Computing Services Market by Country, 2021 - 2027, USD Million
TABLE 28 Asia Pacific Multi-access Edge Computing Market by Country, 2017 - 2020, USD Million
TABLE 29 Asia Pacific Multi-access Edge Computing Market by Country, 2021 - 2027, USD Million
TABLE 30 China Multi-access Edge Computing Market, 2017 - 2020, USD Million
TABLE 31 China Multi-access Edge Computing Market, 2021 - 2027, USD Million
TABLE 32 China Multi-access Edge Computing Market by End-use, 2017 - 2020, USD Million
TABLE 33 China Multi-access Edge Computing Market by End-use, 2021 - 2027, USD Million
TABLE 34 China Multi-access Edge Computing Market by Solution, 2017 - 2020, USD Million
TABLE 35 China Multi-access Edge Computing Market by Solution, 2021 - 2027, USD Million
TABLE 36 Japan Multi-access Edge Computing Market, 2017 - 2020, USD Million
TABLE 37 Japan Multi-access Edge Computing Market, 2021 - 2027, USD Million
TABLE 38 Japan Multi-access Edge Computing Market by End-use, 2017 - 2020, USD Million
TABLE 39 Japan Multi-access Edge Computing Market by End-use, 2021 - 2027, USD Million
TABLE 40 Japan Multi-access Edge Computing Market by Solution, 2017 - 2020, USD Million
TABLE 41 Japan Multi-access Edge Computing Market by Solution, 2021 - 2027, USD Million
TABLE 42 India Multi-access Edge Computing Market, 2017 - 2020, USD Million
TABLE 43 India Multi-access Edge Computing Market, 2021 - 2027, USD Million
TABLE 44 India Multi-access Edge Computing Market by End-use, 2017 - 2020, USD Million
TABLE 45 India Multi-access Edge Computing Market by End-use, 2021 - 2027, USD Million
TABLE 46 India Multi-access Edge Computing Market by Solution, 2017 - 2020, USD Million
TABLE 47 India Multi-access Edge Computing Market by Solution, 2021 - 2027, USD Million
TABLE 48 South Korea Multi-access Edge Computing Market, 2017 - 2020, USD Million
TABLE 49 South Korea Multi-access Edge Computing Market, 2021 - 2027, USD Million
TABLE 50 South Korea Multi-access Edge Computing Market by End-use, 2017 - 2020, USD Million
TABLE 51 South Korea Multi-access Edge Computing Market by End-use, 2021 - 2027, USD Million
TABLE 52 South Korea Multi-access Edge Computing Market by Solution, 2017 - 2020, USD Million
TABLE 53 South Korea Multi-access Edge Computing Market by Solution, 2021 - 2027, USD Million
TABLE 54 Singapore Multi-access Edge Computing Market, 2017 - 2020, USD Million
TABLE 55 Singapore Multi-access Edge Computing Market, 2021 - 2027, USD Million
TABLE 56 Singapore Multi-access Edge Computing Market by End-use, 2017 - 2020, USD Million
TABLE 57 Singapore Multi-access Edge Computing Market by End-use, 2021 - 2027, USD Million
TABLE 58 Singapore Multi-access Edge Computing Market by Solution, 2017 - 2020, USD Million
TABLE 59 Singapore Multi-access Edge Computing Market by Solution, 2021 - 2027, USD Million
TABLE 60 Malaysia Multi-access Edge Computing Market, 2017 - 2020, USD Million
TABLE 61 Malaysia Multi-access Edge Computing Market, 2021 - 2027, USD Million
TABLE 62 Malaysia Multi-access Edge Computing Market by End-use, 2017 - 2020, USD Million
TABLE 63 Malaysia Multi-access Edge Computing Market by End-use, 2021 - 2027, USD Million
TABLE 64 Malaysia Multi-access Edge Computing Market by Solution, 2017 - 2020, USD Million
TABLE 65 Malaysia Multi-access Edge Computing Market by Solution, 2021 - 2027, USD Million
TABLE 66 Rest of Asia Pacific Multi-access Edge Computing Market, 2017 - 2020, USD Million
TABLE 67 Rest of Asia Pacific Multi-access Edge Computing Market, 2021 - 2027, USD Million
TABLE 68 Rest of Asia Pacific Multi-access Edge Computing Market by End-use, 2017 - 2020, USD Million
TABLE 69 Rest of Asia Pacific Multi-access Edge Computing Market by End-use, 2021 - 2027, USD Million
TABLE 70 Rest of Asia Pacific Multi-access Edge Computing Market by Solution, 2017 - 2020, USD Million
TABLE 71 Rest of Asia Pacific Multi-access Edge Computing Market by Solution, 2021 - 2027, USD Million
TABLE 72 key information – Hewlett Packard Enterprise Company
TABLE 73 Key Information – Juniper Networks, Inc.
TABLE 74 key information – Huawei Technologies Co., Ltd.
TABLE 75 Key Information – Amazon.com, Inc.
TABLE 76 key information – Microsoft Corporation
TABLE 77 Key information – Adlink Technology, Inc.
TABLE 78 Key Information – Advantech Co., Ltd.
TABLE 79 Key Information – ZephyrTel
TABLE 80 Key Information – FOGHORN Systems
TABLE 81 Key Information – SMART Embedded Computing
List of Figures
FIG 1 Methodology for the research
FIG 2 KBV Cardinal Matrix
FIG 3 Key Leading Strategies: Percentage Distribution (2017-2021)
FIG 4 Recent strategies and developments: Hewlett Packard Enterprise Company
FIG 5 SWOT analysis: Hewlett-Packard enterprise Company
FIG 6 Recent strategies and developments: Juniper Networks, Inc.
FIG 7 SWOT analysis: Amazon.com, Inc.
FIG 8 Recent strategies and developments: Microsoft Corporation
FIG 9 SWOT Analysis: Microsoft Corporation
FIG 10 Recent strategies and developments: Advantech Co., Ltd.