The Europe Multi-access Edge Computing Market would witness market growth of 38.1% CAGR during the forecast period (2021-2027).
The high requirement to improve the experience of virtual reality or augmented reality (VR/AR) by increasing the bandwidth that will help in improving the 5G capabilities thereby will boost the growth of the MEC market. In addition, the integration of 5G and MEC is facilitated by the growing requirement to offer superior experiences by virtual reality (VR), mixed reality (MR), and augmented reality (AR) with the help of wireless devices. This integration will lead to an increase in the growth of the market in the upcoming years. The integration of MEC with AR/VR is also helping in enhancing broadcasting of sports & entertainment, which is further improving the experience of the user. For example, sports supporters are able to watch high-quality live matches from different angles in real-time by utilizing multi-access edge computing techniques.
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.
Also, for efficient functioning both augmented and virtual reality need quick response and low-latency communications, making multi-access edge computing a perfect partner for them. 5G wireless & other networking technologies that allow faster networking play a central role in accelerating the expansion of edge computing systems. As MEC offers lower latency, increased bandwidth, and real-time applications, it seems inevitable that multi-access edge computing will become essential to the enterprise of the future.
The Germany market dominated the Europe Multi-access Edge Computing Hardware Market by Country 2020, thereby, achieving a market value of $181.1 million by 2027. The UK market is showcasing a CAGR of 39.1% during (2021 - 2027). Additionally, The France market is anticipated to witness a CAGR of 41.1% 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 Germany, UK, France, Russia, Spain, Italy, and Rest of Europe.
Free Valuable Insights: The Global Multi-access Edge Computing Market Size will Hit $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
- Germany
- UK
- France
- Russia
- Spain
- Italy
- Rest of Europe
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 Europe Multi-access Edge Computing Market, by Solution
1.4.2 Europe Multi-access Edge Computing Market, by End User
1.4.3 Europe 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. Europe Multi-access Edge Computing Market by End-use
4.1 Europe Telecom & IT Multi-access Edge Computing Market by Country
4.2 Europe Data Centers Multi-access Edge Computing Market by Country
4.3 Europe Automotive Multi-access Edge Computing Market by Country
4.4 Europe Smart Cities, Smart Homes, & Smart Buildings Multi-access Edge Computing Market by Country
4.5 Europe Energy & Utilities Multi-access Edge Computing Market by Country
4.6 Europe Other End-use Multi-access Edge Computing Market by Country
Chapter 5. Europe Multi-access Edge Computing Market by Solution
5.1 Europe Multi-access Edge Computing Software Market by Country
5.2 Europe Multi-access Edge Computing Hardware Market by Country
5.3 Europe Multi-access Edge Computing Services Market by Country
Chapter 6. Europe Multi-access Edge Computing Market by Country
6.1 Germany Multi-access Edge Computing Market
6.1.1 Germany Multi-access Edge Computing Market by End-use
6.1.2 Germany Multi-access Edge Computing Market by Solution
6.2 UK Multi-access Edge Computing Market
6.2.1 UK Multi-access Edge Computing Market by End-use
6.2.2 UK Multi-access Edge Computing Market by Solution
6.3 France Multi-access Edge Computing Market
6.3.1 France Multi-access Edge Computing Market by End-use
6.3.2 France Multi-access Edge Computing Market by Solution
6.4 Russia Multi-access Edge Computing Market
6.4.1 Russia Multi-access Edge Computing Market by End-use
6.4.2 Russia Multi-access Edge Computing Market by Solution
6.5 Spain Multi-access Edge Computing Market
6.5.1 Spain Multi-access Edge Computing Market by End-use
6.5.2 Spain Multi-access Edge Computing Market by Solution
6.6 Italy Multi-access Edge Computing Market
6.6.1 Italy Multi-access Edge Computing Market by End-use
6.6.2 Italy Multi-access Edge Computing Market by Solution
6.7 Rest of Europe Multi-access Edge Computing Market
6.7.1 Rest of Europe Multi-access Edge Computing Market by End-use
6.7.2 Rest of Europe 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 Europe Multi-access Edge Computing Market, 2017 - 2020, USD Million
TABLE 2 Europe 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 Europe Multi-access Edge Computing Market by End-use, 2017 - 2020, USD Million
TABLE 7 Europe Multi-access Edge Computing Market by End-use, 2021 - 2027, USD Million
TABLE 8 Europe Telecom & IT Multi-access Edge Computing Market by Country, 2017 - 2020, USD Million
TABLE 9 Europe Telecom & IT Multi-access Edge Computing Market by Country, 2021 - 2027, USD Million
TABLE 10 Europe Data Centers Multi-access Edge Computing Market by Country, 2017 - 2020, USD Million
TABLE 11 Europe Data Centers Multi-access Edge Computing Market by Country, 2021 - 2027, USD Million
TABLE 12 Europe Automotive Multi-access Edge Computing Market by Country, 2017 - 2020, USD Million
TABLE 13 Europe Automotive Multi-access Edge Computing Market by Country, 2021 - 2027, USD Million
TABLE 14 Europe Smart Cities, Smart Homes, & Smart Buildings Multi-access Edge Computing Market by Country, 2017 - 2020, USD Million
TABLE 15 Europe Smart Cities, Smart Homes, & Smart Buildings Multi-access Edge Computing Market by Country, 2021 - 2027, USD Million
TABLE 16 Europe Energy & Utilities Multi-access Edge Computing Market by Country, 2017 - 2020, USD Million
TABLE 17 Europe Energy & Utilities Multi-access Edge Computing Market by Country, 2021 - 2027, USD Million
TABLE 18 Europe Other End-use Multi-access Edge Computing Market by Country, 2017 - 2020, USD Million
TABLE 19 Europe Other End-use Multi-access Edge Computing Market by Country, 2021 - 2027, USD Million
TABLE 20 Europe Multi-access Edge Computing Market by Solution, 2017 - 2020, USD Million
TABLE 21 Europe Multi-access Edge Computing Market by Solution, 2021 - 2027, USD Million
TABLE 22 Europe Multi-access Edge Computing Software Market by Country, 2017 - 2020, USD Million
TABLE 23 Europe Multi-access Edge Computing Software Market by Country, 2021 - 2027, USD Million
TABLE 24 Europe Multi-access Edge Computing Hardware Market by Country, 2017 - 2020, USD Million
TABLE 25 Europe Multi-access Edge Computing Hardware Market by Country, 2021 - 2027, USD Million
TABLE 26 Europe Multi-access Edge Computing Services Market by Country, 2017 - 2020, USD Million
TABLE 27 Europe Multi-access Edge Computing Services Market by Country, 2021 - 2027, USD Million
TABLE 28 Europe Multi-access Edge Computing Market by Country, 2017 - 2020, USD Million
TABLE 29 Europe Multi-access Edge Computing Market by Country, 2021 - 2027, USD Million
TABLE 30 Germany Multi-access Edge Computing Market, 2017 - 2020, USD Million
TABLE 31 Germany Multi-access Edge Computing Market, 2021 - 2027, USD Million
TABLE 32 Germany Multi-access Edge Computing Market by End-use, 2017 - 2020, USD Million
TABLE 33 Germany Multi-access Edge Computing Market by End-use, 2021 - 2027, USD Million
TABLE 34 Germany Multi-access Edge Computing Market by Solution, 2017 - 2020, USD Million
TABLE 35 Germany Multi-access Edge Computing Market by Solution, 2021 - 2027, USD Million
TABLE 36 UK Multi-access Edge Computing Market, 2017 - 2020, USD Million
TABLE 37 UK Multi-access Edge Computing Market, 2021 - 2027, USD Million
TABLE 38 UK Multi-access Edge Computing Market by End-use, 2017 - 2020, USD Million
TABLE 39 UK Multi-access Edge Computing Market by End-use, 2021 - 2027, USD Million
TABLE 40 UK Multi-access Edge Computing Market by Solution, 2017 - 2020, USD Million
TABLE 41 UK Multi-access Edge Computing Market by Solution, 2021 - 2027, USD Million
TABLE 42 France Multi-access Edge Computing Market, 2017 - 2020, USD Million
TABLE 43 France Multi-access Edge Computing Market, 2021 - 2027, USD Million
TABLE 44 France Multi-access Edge Computing Market by End-use, 2017 - 2020, USD Million
TABLE 45 France Multi-access Edge Computing Market by End-use, 2021 - 2027, USD Million
TABLE 46 France Multi-access Edge Computing Market by Solution, 2017 - 2020, USD Million
TABLE 47 France Multi-access Edge Computing Market by Solution, 2021 - 2027, USD Million
TABLE 48 Russia Multi-access Edge Computing Market, 2017 - 2020, USD Million
TABLE 49 Russia Multi-access Edge Computing Market, 2021 - 2027, USD Million
TABLE 50 Russia Multi-access Edge Computing Market by End-use, 2017 - 2020, USD Million
TABLE 51 Russia Multi-access Edge Computing Market by End-use, 2021 - 2027, USD Million
TABLE 52 Russia Multi-access Edge Computing Market by Solution, 2017 - 2020, USD Million
TABLE 53 Russia Multi-access Edge Computing Market by Solution, 2021 - 2027, USD Million
TABLE 54 Spain Multi-access Edge Computing Market, 2017 - 2020, USD Million
TABLE 55 Spain Multi-access Edge Computing Market, 2021 - 2027, USD Million
TABLE 56 Spain Multi-access Edge Computing Market by End-use, 2017 - 2020, USD Million
TABLE 57 Spain Multi-access Edge Computing Market by End-use, 2021 - 2027, USD Million
TABLE 58 Spain Multi-access Edge Computing Market by Solution, 2017 - 2020, USD Million
TABLE 59 Spain Multi-access Edge Computing Market by Solution, 2021 - 2027, USD Million
TABLE 60 Italy Multi-access Edge Computing Market, 2017 - 2020, USD Million
TABLE 61 Italy Multi-access Edge Computing Market, 2021 - 2027, USD Million
TABLE 62 Italy Multi-access Edge Computing Market by End-use, 2017 - 2020, USD Million
TABLE 63 Italy Multi-access Edge Computing Market by End-use, 2021 - 2027, USD Million
TABLE 64 Italy Multi-access Edge Computing Market by Solution, 2017 - 2020, USD Million
TABLE 65 Italy Multi-access Edge Computing Market by Solution, 2021 - 2027, USD Million
TABLE 66 Rest of Europe Multi-access Edge Computing Market, 2017 - 2020, USD Million
TABLE 67 Rest of Europe Multi-access Edge Computing Market, 2021 - 2027, USD Million
TABLE 68 Rest of Europe Multi-access Edge Computing Market by End-use, 2017 - 2020, USD Million
TABLE 69 Rest of Europe Multi-access Edge Computing Market by End-use, 2021 - 2027, USD Million
TABLE 70 Rest of Europe Multi-access Edge Computing Market by Solution, 2017 - 2020, USD Million
TABLE 71 Rest of Europe 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.