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The base year for the study has been considered 2019, historic year 2014 and 2018. Read More

What are the significant segments operating in the market?

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What are the vital market dynamics?

The report offers in-depth analysis of driving factors, opportunities, restraints, and challenges for gaining the key insight of the market. Read More

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Multi-Access Edge Computing (MEC) Market by Type (Software, Hardware), Application (Education, Surveillance, Automotive, Healthcare), Region, Global Industry Analysis, Market Size, Share, Growth, Trends, and Forecast 2020 to 2027

Publish Date: Feb, 2020
Report ID: 411584
Category: Software
Pages: 250

$4700

The global multi-access edge computing (MEC) market is expected to grow from USD 4.84 billion in 2019 to USD 42.69 billion by 2027, at a CAGR of 31.19% during the forecast period from 2020-2027. Key drivers for edge computing include today’s 4G networks, the Internet of things (IoT), and next-generation 5G networks.

Industrial applications and workloads are increasingly moving to the edge of the network. This shift in enterprise connectivity towards less centralized and individual devices are driving the demand for multi-access edge computing (MEC) technology. Video streaming, AR/VR, IoT, gaming, image and video recognition, real-time asset tracking, autonomous vehicles—these next-generation technologies demand new network technologies. Thus, multi-access edge computing (MEC) with 5G, two technologies that, when combined, provide businesses with a force multiplier for innovation. However, high cost required for deployment could hamper the growth of market over the forecast period.

The market has been segmented on the basis of type, application and region. The type segment includes hardware and software. By type hardware held largest share of 53.71% and estimated to reach USD 2.60 billion in 2019. This is mainly due to increasing adoption of multi-access edge computing (MEC) equipment for the various applications.

The application segment includes education, surveillance, automotive, healthcare, and other. In terms of application, Education segment held market share of 17.31% in 2019 and will reach approximately USD 10.03 billion in 2027. The education sector is tapping edge computing as a viable solution to support educational institutions, due to the ease of use and its impact on user experience.

The market has been divided into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. North America region held the largest market share of 37.86% in 2019. This is mainly attributed to the early adoption of technology and presence of key market players in the region.

Key players in the multi-access edge computing (MEC) market are Nokia Corporation, Hewlett Packard Enterprise Company, Huawei Technologies Co., Ltd., Altran Technologies S.A., Cisco Systems, Inc., Schneider Electric SE, Saguna Networks Ltd., ADLINK Technology, Inc., ZTE Corporation, Vasona Networks, Inc., Advantech Co., Ltd., and Wind River Systems, Inc. among others.

Developing and developed countries are offering greater opportunities and major players are continuously focused on new developments, strategic partnerships, acquisitions and venture capital investments to obtain high growth in the market. In April 2018, Hewlett Packard Enterprise Company and AT&T Inc., an American multinational conglomerate holding company, announced that they have agreed to a go-to-market program to accelerate business adoption of edge computing and edge connections.

This study forecasts revenue growth at global, regional, and country levels from 2016 to 2027. Fior Markets has segmented the on the basis of below mentioned segments:

Global Multi-Access Edge Computing (MEC) Market Analysis And Forecast, By Type
- Software
- Hardware
Global Multi-Access Edge Computing (MEC) Market Analysis And Forecast, By Application
- Education
- Surveillance
- Automotive
- Healthcare
- Other
Global Multi-Access Edge Computing (MEC) Market Analysis And Forecast, By Regional Analysis
- North America
  - U.S.
  - Canada
  - Mexico
- Europe
  - Germany
  - France
  - Sweden
  - Netherland
  - U.K.
  - Italy
  - Spain
  - Turkey
  - Switzerland
  - Belgium
  - Rest Of Europe
- Asia-Pacific
  - Japan
  - China
  - India
  - South Korea
  - Australia
  - Singapore
  - Malaysia
  - Thailand
  - Indonesia
  - Philippines
  - Rest Of APAC
- South America
  - Brazil
  - Argentina
  - Peru
  - Colombia
  - Rest Of South America
- Middle East And Africa
  - UAE
  - Saudi Arabia
  - Egypt
  - Nigeria
  - South Africa
  - Rest Of MEA

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Chapter 1 Introduction 16
    1.1 Research Methodology 16
    1.2 FMR Desk Research 17
          1.2.1 FMR Data Synthesis 18
          1.2.2 Data Validation and Market Feedback 18
          1.2.3 FMR Data Sources 19

Chapter 2 Global Multi-access Edge Computing (MEC) Market Overview 21
    2.1 Multi-access Edge Computing (MEC) Definition 21
    2.2 Global Multi-access Edge Computing (MEC) Market Size Status and Outlook (2016-2027) 24
    2.3 Global Multi-access Edge Computing (MEC) Market Size Comparison by Region (2016-2027) 25
    2.4 Global Multi-access Edge Computing (MEC) Revenue (Million USD) Comparison by Type (2016-2027) 26
    2.5 Global Multi-access Edge Computing (MEC) Revenue (Million USD) Comparison by Application (2016-2027) 27

Chapter 3 Multi-access Edge Computing (MEC) Market Segment Analysis by Player 28
    3.1 Global Multi-access Edge Computing (MEC) Revenue (Million USD) and Market Share by Player (2016-2018) 28
    3.2 Players Competition Situation & Trends 31
    3.3 Conclusion of Segment by Player 32

Chapter 4 Multi-access Edge Computing (MEC) Market Segment Analysis by Type 33
    4.1 Global Multi-access Edge Computing (MEC) Market by Type 33
          4.1.1 Hardware 33
          4.1.2 Software 34
    4.2 Global Multi-access Edge Computing (MEC) Revenue and Market Share by Type (2016-2019) 35
    4.3 Leading Players of Multi-access Edge Computing (MEC) by Type in 2018 37
    4.4 Conclusion of Segment by Type 38

Chapter 5 Multi-access Edge Computing (MEC) Market Segment Analysis by Application 39
    5.1 Global Multi-access Edge Computing (MEC) Market by Application 39
          5.1.1 Education 39
          5.1.2 Healthcare 41
          5.1.3 Automotive 42
          5.1.4 Surveillance 43
          5.1.5 Others 45
    5.2 Global Multi-access Edge Computing (MEC) Revenue and Market Share by Application (2016-2019) 46
    5.3 Conclusion of Segment by Application 48

Chapter 6 Multi-access Edge Computing (MEC) Market Dynamics 49
    6.1 Market Drivers/Opportunities 49
    6.2 Market Challenges/Risks 50
    6.3 Market News (Mergers/Acquisitions/ Expansion) 50

Chapter 7 Multi-access Edge Computing (MEC) Market Segment Analysis by Region 53
    7.1 Global Multi-access Edge Computing (MEC) Market Size and CAGR Overview by Region (2016-2027) 53
    7.2 Global Multi-access Edge Computing (MEC) Revenue and Market Share by Region (2016-2019) 54
    7.3 North America 56
          7.3.1 North America Market by Country 56
          7.3.2 North America Multi-access Edge Computing (MEC) Market Share by Type 58
          7.3.3 North America Multi-access Edge Computing (MEC) Market Share by Application 59
          7.3.4 United States 60
          7.3.5 Canada 61
          7.3.6 Mexico 62
    7.4 Europe 63
          7.4.1 Europe Market by Country 63
          7.4.2 Europe Multi-access Edge Computing (MEC) Market Share by Type 65
          7.4.3 Europe Multi-access Edge Computing (MEC) Market Share by Application 66
          7.4.4 Germany 67
          7.4.5 France 68
          7.4.6 UK 69
          7.4.7 Russia 70
          7.4.8 Italy 71
          7.4.9 Spain 72
          7.4.10 Benelux 73
    7.5 Asia-Pacific 74
          7.5.1 Asia-Pacific Market by Country 74
          7.5.2 Asia-Pacific Multi-access Edge Computing (MEC) Market Share by Type 76
          7.5.3 Asia-Pacific Multi-access Edge Computing (MEC) Market Share by Application 77
          7.5.4 China 78
          7.5.5 Japan 79
          7.5.6 Korea 80
          7.5.7 India 81
          7.5.8 Southeast Asia 82
          7.5.9 Australia 84
    7.6 South America 85
          7.6.1 South America Market by Country 85
          7.6.2 South America Multi-access Edge Computing (MEC) Market Share by Type 87
          7.6.3 South America Multi-access Edge Computing (MEC) Market Share by Application 88
          7.6.4 Brazil 89
          7.6.5 Argentina 90
          7.6.6 Colombia 91
          7.6.7 Chile 92
          7.6.8 Peru 93
    7.7 Middle East & Africa 94
          7.7.1 Middle East & Africa Market by Country 94
          7.7.2 Middle East & Africa Multi-access Edge Computing (MEC) Market Share by Type 96
          7.7.3 Middle East & Africa Multi-access Edge Computing (MEC) Market Share by Application 97
          7.7.4 Saudi Arabia 98
          7.7.5 Iran 99
          7.7.6 Egypt 100
          7.7.7 Nigeria 101
          7.7.8 South Africa 102
    7.8 Conclusion of Segment by Region 103

Chapter 8 Profile of Leading Multi-access Edge Computing (MEC) Players 104
    8.1 Nokia Corporation 104
          8.1.1 Business Overview 104
          8.1.2 Multi-access Edge Computing (MEC) Product of Nokia Corporation 106
          8.1.3 Nokia Corporation Multi-access Edge Computing (MEC) Revenue & Gross Margin (2016-2018) 107
          8.1.4 Strategy and SWOT Analysis 108
    8.2 Hewlett Packard Enterprise Company 110
          8.2.1 Business Overview 110
          8.2.2 Multi-access Edge Computing (MEC) Product of Hewlett Packard Enterprise Company 112
          8.2.3 Hewlett Packard Enterprise Company Multi-access Edge Computing (MEC) Revenue & Gross Margin (2016-2018) 113
          8.2.4 Strategy and SWOT Analysis 114
    8.3 Huawei Technologies Co., Ltd. 116
          8.3.1 Business Overview 116
          8.3.2 Multi-access Edge Computing (MEC) Product of Huawei Technologies Co., Ltd. 118
          8.3.3 Strategy and SWOT Analysis 119
    8.4 Altran Technologies S.A. 120
          8.4.1 Business Overview 120
          8.4.2 Multi-access Edge Computing (MEC) Product of Altran Technologies S.A. 122
          8.4.3 Altran Technologies S.A. Multi-access Edge Computing (MEC) Revenue & Gross Margin (2016-2018) 123
          8.4.4 Strategy and SWOT Analysis 124
    8.5 Cisco Systems, Inc. 125
          8.5.1 Business Overview 125
          8.5.2 Multi-access Edge Computing (MEC) Product of Cisco Systems, Inc. 127
          8.5.3 Cisco Systems, Inc. Multi-access Edge Computing (MEC) Revenue & Gross Margin (2016-2018) 128
          8.5.4 Strategy and SWOT Analysis 129
    8.6 Schneider Electric SE 130
          8.6.1 Business Overview 130
          8.6.2 Multi-access Edge Computing (MEC) Product of Schneider Electric SE 132
          8.6.3 Strategy and SWOT Analysis 133
    8.7 Saguna Networks Ltd. 134
          8.7.1 Business Overview 134
          8.7.2 Multi-access Edge Computing (MEC) Product of Saguna Networks Ltd. 135
          8.7.3 Saguna Networks Ltd. Multi-access Edge Computing (MEC) Revenue & Gross Margin (2016-2018) 137
          8.7.4 Strategy and SWOT Analysis 138
    8.8 ADLINK Technology, Inc. 139
          8.8.1 Business Overview 139
          8.8.2 Multi-access Edge Computing (MEC) Product of ADLINK Technology, Inc. 142
          8.8.3 ADLINK Technology, Inc. Multi-access Edge Computing (MEC) Revenue & Gross Margin (2016-2018) 143
          8.8.4 Strategy and SWOT Analysis 144
    8.9 ZTE Corporation 145
          8.9.1 Business Overview 145
          8.9.2 Multi-access Edge Computing (MEC) Product of ZTE Corporation 147
          8.9.3 Strategy and SWOT Analysis 148
    8.10 Vasona Networks, Inc. 149
          8.10.1 Business Overview 149
          8.10.2 Multi-access Edge Computing (MEC) Product of Vasona Networks, Inc. 150
          8.10.3 Strategy and SWOT Analysis 151
    8.11 Advantech Co., Ltd. 152
          8.11.1 Business Overview 152
          8.11.2 Multi-access Edge Computing (MEC) Product of Advantech Co., Ltd. 154
          8.11.3 Strategy and SWOT Analysis 155
    8.12 Wind River Systems, Inc. 156
          8.12.1 Business Overview 156
          8.12.2 Multi-access Edge Computing (MEC) Product of Wind River Systems, Inc. 158
          8.12.3 Strategy and SWOT Analysis 159

Chapter 9 Development Trend of Multi-access Edge Computing (MEC) (2018-2027) 160
    9.1 Global Multi-access Edge Computing (MEC) Market Size (Revenue and Revenue) Forecast (2018-2027) 160
    9.2 Global Multi-access Edge Computing (MEC) Market Size and CAGR Forecast by Region (2018-2027) 161
    9.3 Global Multi-access Edge Computing (MEC) Market Size and CAGR Forecast by Type (2018-2027) 162
    9.4 Global Multi-access Edge Computing (MEC) Market Size and CAGR Forecast by Application (2018-2027) 163

Chapter 10 Conclusion 164

List of Figures

FIG. 1 Product Picture of Multi-access Edge Computing (MEC) 23

FIG. 2 Global Multi-access Edge Computing (MEC) Revenue (Million USD) Status and Outlook (2016-2027) 24

FIG. 3 Global Multi-access Edge Computing (MEC) Revenue (Million USD) Comparison by Region (2016-2027) 25

FIG. 4 Global Multi-access Edge Computing (MEC) Revenue Comparison by Type (2016-2027) 26

FIG. 5 Global Multi-access Edge Computing (MEC) Revenue Comparison by Application (2016-2027) 27

FIG. 6 Global Multi-access Edge Computing (MEC) Revenue Market Share by Player in 2018 30

FIG. 7 Global Multi-access Edge Computing (MEC) Players Competition Situation – Top 5 Players’ Revenue Market Share in 2018 31

FIG. 8 Global Multi-access Edge Computing (MEC) Players Competition Trends – Top 3 Players’ Revenue Market Share in 2018 32

FIG. 9 Global Hardware Revenue (Million USD) and Growth Rate (2016-2019) 33

FIG. 10 Global Software Revenue (Million USD) and Growth Rate (2016-2019) 34

FIG. 11 Global Multi-access Edge Computing (MEC) Revenue Market Share by Type in 2018 36

FIG. 12 Global Multi-access Edge Computing (MEC) for Education Revenue and Growth Rate (2016-2019) 40

FIG. 13 Global Multi-access Edge Computing (MEC) for Healthcare Revenue and Growth Rate (2016-2019) 41

FIG. 14 Global Multi-access Edge Computing (MEC) for Automotive Revenue and Growth Rate (2016-2019) 42

FIG. 15 Global Multi-access Edge Computing (MEC) for Surveillance Revenue and Growth Rate (2016-2019) 44

FIG. 16 Global Multi-access Edge Computing (MEC) for Others Revenue and Growth Rate (2016-2019) 45

FIG. 17 Global Multi-access Edge Computing (MEC) Revenue Market Share by Application in 2018 47

FIG. 18 Global Multi-access Edge Computing (MEC) Revenue Market Share by Region in 2018 55

FIG. 19 North America Multi-access Edge Computing (MEC) Revenue Market Share by Country (2016-2019) 57

FIG. 20 North America Multi-access Edge Computing (MEC) Revenue Market Share by Type in 2018 58

FIG. 21 North America Multi-access Edge Computing (MEC) Revenue Market Share by Application in 2018 59

FIG. 22 United States Multi-access Edge Computing (MEC) Revenue and Growth Rate (2016-2019) 60

FIG. 23 Canada Multi-access Edge Computing (MEC) Revenue and Growth Rate (2016-2019) 61

FIG. 24 Mexico Multi-access Edge Computing (MEC) Revenue and Growth Rate (2016-2019) 62

FIG. 25 Europe Multi-access Edge Computing (MEC) Revenue Market Share by Country (2016-2019) 64

FIG. 26 Europe Multi-access Edge Computing (MEC) Revenue Market Share by Type in 2018 65

FIG. 27 Europe Multi-access Edge Computing (MEC) Revenue Market Share by Application in 2018 66

FIG. 28 Germany Multi-access Edge Computing (MEC) Revenue and Growth Rate (2016-2019) 67

FIG. 29 France Multi-access Edge Computing (MEC) Revenue and Growth Rate (2016-2019) 68

FIG. 30 UK Multi-access Edge Computing (MEC) Revenue and Growth Rate (2016-2019) 69

FIG. 31 Russia Multi-access Edge Computing (MEC) Revenue and Growth Rate (2016-2019) 70

FIG. 32 Italy Multi-access Edge Computing (MEC) Revenue and Growth Rate (2016-2019) 71

FIG. 33 Spain Multi-access Edge Computing (MEC) Revenue and Growth Rate (2016-2019) 72

FIG. 34 Benelux Multi-access Edge Computing (MEC) Revenue and Growth Rate (2016-2019) 73

FIG. 35 Asia-Pacific Multi-access Edge Computing (MEC) Revenue Market Share by Country (2016-2019) 75

FIG. 36 Asia-Pacific Multi-access Edge Computing (MEC) Revenue Market Share by Type in 2017 76

FIG. 37 Asia-Pacific Multi-access Edge Computing (MEC) Revenue Market Share by Application in 2018 77

FIG. 38 China Multi-access Edge Computing (MEC) Revenue and Growth Rate (2016-2019) 78

FIG. 39 Japan Multi-access Edge Computing (MEC) Revenue and Growth Rate (2016-2019) 79

FIG. 40 Korea Multi-access Edge Computing (MEC) Revenue and Growth Rate (2016-2019) 80

FIG. 41 India Multi-access Edge Computing (MEC) Revenue and Growth Rate (2016-2019) 81

FIG. 42 Southeast Asia Multi-access Edge Computing (MEC) Revenue and Growth Rate (2016-2019) 82

FIG. 43 Southeast Asia Multi-access Edge Computing (MEC) Revenue (Million USD) and Growth Rate (2016-2019) 83

FIG. 44 Australia Multi-access Edge Computing (MEC) Revenue and Growth Rate (2016-2019) 84

FIG. 45 South America Multi-access Edge Computing (MEC) Revenue Market Share by Country (2016-2019) 86

FIG. 46 South America Multi-access Edge Computing (MEC) Revenue Market Share by Type in 2018 87

FIG. 47 South America Multi-access Edge Computing (MEC) Revenue Market Share by Application in 2018 88

FIG. 48 Brazil Multi-access Edge Computing (MEC) Revenue and Growth Rate (2016-2019) 89

FIG. 49 Argentina Multi-access Edge Computing (MEC) Revenue and Growth Rate (2016-2019) 90

FIG. 50 Colombia Multi-access Edge Computing (MEC) Revenue and Growth Rate (2016-2019) 91

FIG. 51 Chile Multi-access Edge Computing (MEC) Revenue and Growth Rate (2016-2019) 92

FIG. 52 Peru Multi-access Edge Computing (MEC) Revenue and Growth Rate (2016-2019) 93

FIG. 53 Middle East & Africa Multi-access Edge Computing (MEC) Revenue Market Share by Country (2016-2019) 95

FIG. 54 Middle East & Africa Multi-access Edge Computing (MEC) Revenue Market Share by Type in 2018 96

FIG. 55 Middle East & Africa Multi-access Edge Computing (MEC) Revenue Market Share by Application in 2017 97

FIG. 56 Saudi Arabia Multi-access Edge Computing (MEC) Revenue and Growth Rate (2016-2019) 98

FIG. 57 Iran Multi-access Edge Computing (MEC) Revenue and Growth Rate (2016-2019) 99

FIG. 58 Egypt Multi-access Edge Computing (MEC) Revenue and Growth Rate (2016-2019) 100

FIG. 59 Nigeria Multi-access Edge Computing (MEC) Revenue and Growth Rate (2016-2019) 101

FIG. 60 South Africa Multi-access Edge Computing (MEC) Revenue and Growth Rate (2016-2019) 102

FIG. 61 Global Multi-access Edge Computing (MEC) Revenue and Growth Rate Forecast (2018-2027) 160

List of Tables

TABLE 1 Global Multi-access Edge Computing (MEC) Revenue by Player (2016-2018) 28

TABLE 2 Global Multi-access Edge Computing (MEC) Revenue Market Share by Player (2016-2018) 29

TABLE 3 Global Multi-access Edge Computing (MEC) Revenue by Type (2016-2019) 35

TABLE 4 Global Multi-access Edge Computing (MEC) Revenue Share by Type (2016-2019) 35

TABLE 5 Leading Players of Multi-access Edge Computing (MEC) by Type in 2018 37

TABLE 6 Global Multi-access Edge Computing (MEC) Revenue by Application (2016-2019) 46

TABLE 7 Global Multi-access Edge Computing (MEC) Revenue Market Share by Application (2016-2019) 46

TABLE 8 Global Multi-access Edge Computing (MEC) Market Size (USD Million) and CAGR (%) Overview by Region (2016-2027) 53

TABLE 9 Global Multi-access Edge Computing (MEC) Revenue by Region (2016-2019) 54

TABLE 10 Global Multi-access Edge Computing (MEC) Revenue Market Share by Region (2016-2019) 54

TABLE 11 North America Multi-access Edge Computing (MEC) Revenue by Countries (2016-2019) 56

TABLE 12 Europe Multi-access Edge Computing (MEC) Revenue by Countries (2016-2019) 63

TABLE 13 Asia-Pacific Multi-access Edge Computing (MEC) Revenue by Countries (2016-2019) 74

TABLE 14 South America Multi-access Edge Computing (MEC) Revenue by Countries (2016-2019) 85

TABLE 15 Middle East & Africa Multi-access Edge Computing (MEC) Revenue by Countries (2016-2019) 94

TABLE 16 Nokia Corporation Basic Information, Manufacturing Base, Sales Area and Its Competitors 104

TABLE 17 Representative Multi-access Edge Computing (MEC) Product of Nokia Corporation 106

TABLE 18 Nokia Corporation Multi-access Edge Computing (MEC) Revenue & Gross Margin (2016-2018) 107

TABLE 19 Hewlett Packard Enterprise Company Basic Information, Manufacturing Base, Sales Area and Its Competitors 110

TABLE 20 Representative Multi-access Edge Computing (MEC) Product of Hewlett Packard Enterprise Company 112

TABLE 21 Hewlett Packard Enterprise Company Multi-access Edge Computing (MEC) Revenue & Gross Margin (2016-2018) 113

TABLE 22 Huawei Technologies Co., Ltd. Basic Information, Manufacturing Base, Sales Area and Its Competitors 116

TABLE 23 Representative Multi-access Edge Computing (MEC) Product of Huawei Technologies Co., Ltd. 118

TABLE 24 Altran Technologies S.A. Basic Information, Manufacturing Base, Sales Area and Its Competitors 120

TABLE 25 Representative Multi-access Edge Computing (MEC) Product of Altran Technologies S.A. 122

TABLE 26 Altran Technologies S.A. Multi-access Edge Computing (MEC) Revenue & Gross Margin (2016-2018) 123

TABLE 27 Cisco Systems, Inc. Basic Information, Manufacturing Base, Sales Area and Its Competitors 125

TABLE 28 Representative Multi-access Edge Computing (MEC) Product of Cisco Systems, Inc. 127

TABLE 29 Cisco Systems, Inc. Multi-access Edge Computing (MEC) Revenue & Gross Margin (2016-2018) 128

TABLE 30 Schneider Electric SE Basic Information, Manufacturing Base, Sales Area and Its Competitors 130

TABLE 31 Representative Multi-access Edge Computing (MEC) Product of Schneider Electric SE 132

TABLE 32 Saguna Networks Ltd. Basic Information, Manufacturing Base, Sales Area and Its Competitors 134

TABLE 33 Representative Multi-access Edge Computing (MEC) Product of Saguna Networks Ltd. 135

TABLE 34 Saguna Networks Ltd. Multi-access Edge Computing (MEC) Revenue & Gross Margin (2016-2018) 137

TABLE 35 ADLINK Technology, Inc. Basic Information, Manufacturing Base, Sales Area and Its Competitors 139

TABLE 36 Representative Multi-access Edge Computing (MEC) Product of ADLINK Technology, Inc. 142

TABLE 37 ADLINK Technology, Inc. Multi-access Edge Computing (MEC) Revenue & Gross Margin (2016-2018) 143

TABLE 38 ZTE Corporation Basic Information, Manufacturing Base, Sales Area and Its Competitors 145

TABLE 39 Representative Multi-access Edge Computing (MEC) Product of ZTE Corporation 147

TABLE 40 Vasona Networks, Inc. Basic Information, Manufacturing Base, Sales Area and Its Competitors 149

TABLE 41 Representative Multi-access Edge Computing (MEC) Product of Vasona Networks, Inc. 150

TABLE 42 Advantech Co., Ltd. Basic Information, Manufacturing Base, Sales Area and Its Competitors 152

TABLE 43 Representative Multi-access Edge Computing (MEC) Product of Advantech Co., Ltd. 154

TABLE 44 Wind River Systems, Inc. Basic Information, Manufacturing Base, Sales Area and Its Competitors 156

TABLE 45 Representative Multi-access Edge Computing (MEC) Product of Wind River Systems, Inc. 158

TABLE 46 Global Multi-access Edge Computing (MEC) Market Size and CAGR Forecast by Region (2018-2027) 161

TABLE 47 Global Multi-access Edge Computing (MEC) Market Size and CAGR Forecast by Type (2018-2027) 162

TABLE 48 Global Multi-access Edge Computing (MEC) Market Size and CAGR Forecast by Application (2018-2027) 163

Research Methodology

Market research is a method of gathering, assessing and deducing data & information about a particular market. Market research is very crucial in these days. The techniques analyze about how a product/service can be offered to the market to its end-customers, observe the impact of that product/service based on the past customer experiences, and cater their needs and demands. Owing to the successful business ventures, accurate, relevant and thorough information is the base for all the organizations because market research report/study offers specific market related data & information about the industry growth prospects, perspective of the existing customers, and the overall market scenario prevailed in past, ongoing present and developing future. It allows the stakeholders and investors to determine the probability of a business before committing substantial resources to the venture. Market research helps in solving the marketing issues challenges that a business will most likely face.

Market research is valuable because of the following reasons:

Market research helps businesses strengthen a company’s position
Market research helps in minimizing the investment risks associated with the businesses in any industry vertical
Market research helps in identifying the potential threats and opportunities associated with the business industry
Market research aids in spotting the emerging trends and facilitates strategic planning in order to stay ahead in the competition

Our research report features both the aspects; qualitative and quantitative. Qualitative part provides insights about the market driving forces, potential opportunities, customer’s demands and requirement which in turn help the companies to come up with new strategies in order to survive in the long run competition. The quantitative segment offers the most credible information related to the industry. Based on the data gathering, we use to derive the market size and estimate their future growth prospects on the basis of global, region and country.

Our market research process involves with the four specific stages.

Data Collection
Data Synthesis
Market Deduction & Formulation
Data Screening & Validation

Data Collection: This stage of the market research process involves with the gathering and collecting of the market/industry related data from the sources. There are basically two types of research methods:

Primary Research: By conducting primary research, it involves with the two types of data gathering; exploratory and specific. Exploratory data is open-ended and helps us to define a particular problem involving surveys, and pilot study to the specific consumer group, knowing their needs and wants catering to the industry related product/service offering. Explanatory data gathering follows with the bit of unstructured way. Our analyst group leads the study by focusing on the key crowd, in this manner picking up bits of knowledge from them. In light of the points of view of the clients, this data is used to plan advertise techniques. In addition, showcase overviews causes us to comprehend the current scenario of the business. Specific data gathering on the hand, involves with the more structured and formal way. The primary research usually includes in telephonic conversations, E-mail collaborations and up close and personal meetings/interviews with the raw material suppliers, industrial wholesalers, and independent consultants/specialists. The interviews that we conduct offers important information on showcase size and industry development patterns. Our company likewise conducts interviews with the different business specialists so as to increase generally bits of knowledge of the business/showcase.
Secondary Research: The secondary research incorporates with the data gathering from the non-profit associations and organizations, for example, World bank, WHO, investor relations and their presentations, statistical databases, yearly(annual reports) reports, national government records, factual databases, websites, articles, white papers, press releases, blogs and others. From the annual report, we deduce an organization's income/revenue generation to comprehend the key product segment related to the market. We examine the organization sites and implement product mapping strategy which is significant for determining the segment revenue. In the product mapping technique, we choose and categorize the products offered by the companies catering to the industry specific market, derive the segment revenue for each of the organizations to get the market estimation. We also gather data & Information based on the supply and demand side of the value chain involved with the domain specific market. The supply side denotes the distributors, wholesalers, suppliers and the demand side denotes the end-consumers/customers of the value chain. The supply side of the market is analyzed by examining the product growth across industry in each of the region followed by its pricing analysis. The demand side is analyzed by the evaluating the penetration level and adoption rates of the product by referring to the historical/past data, examine the present usage and forecasting the future trends.
Purchased Database: Our purchased data provides insights about the key market players/companies along with their financial analysis. Additionally, our data base also includes market related information.

We also have the agreements with various reputed data providers, consultants and third party vendors who provide information which are not limited to:

Export & Import Data
Business Information related to trade and its statistics
Penetration level of a particular product/service based on geography mainly focusing on the unmet prerequisites of the customers.

In-house Library: Apart from these third-party sources, we have our in-house library of quantitative and qualitative data & information. Our in-house database includes market data for various industry and domains. These data are updated on regular basis as per the changing market scenario. Our library includes, internal audit reports, historic databases, archives and journal publications. Sometimes there are instances where there is no metadata or raw data available for any domain specific market. For those particular cases, we utilize our expertise to forecast and estimate the market size in order to generate comprehensive data sets. Our analyst team adopts a robust research technique in order to deduce the market size and its estimates:
Examining demographic along with psychographic segmentation for market evaluation
Analyzing the macro and micro-economic indicators for each demography
Evaluating the current industry trends popular in the market.

Data Synthesis: This stage includes the evaluation and assessment of all the data acquired from the primary and secondary research. It likewise includes in evaluating the information for any disparity watched while information gathering identified with the market. The data & information is gathered with consideration to the heterogeneity of sources. Scientific and statistical methods are implemented for synthesizing dissimilar information sets and provide the relevant data which is fundamental for formulating strategies. Our organization has broad involvement with information amalgamation where the information goes through different stages:

Information Screening: Information screening is the way toward examining information/data gathered from the sources for errors/mistakes and amending it before data integration process. The screening includes in looking at raw information, identifying and distinguishing mistakes and managing missing information. The reason for the information screening is to ensure information is effectively entered or not. Our organization utilizes objective and precise information screening grades through repetitive quality checks.
Data Integration: The data integration method involves with the incorporation of numerous information streams. The data streams is important so as to deliver investigate examines that give overall market scenario to the investors. These information streams originate from different research contemplates and our in house database. After the screening of the information, our analysts conduct efficient integration of the data streams, optimizing connections between integrated surveys and syndicated data sources. There are two research approaches that we follow so as to coordinate our information; top down methodology and bottom up methodology.

Top-down analysis generally refers to using broad factors as a basis for decision making. The top-down approach helps in identifying the overall market scenario along with the external and internal factors effecting the market growth.

The bottom-up approach takes a completely different approach. Generally, the bottom-up approach focuses its analysis on micro attributes and specific characteristics of the domain specific market.

Market Formulation & Deduction: The last stage includes assigning the data & information in a suitable way in order to derive market size. Analyst reviews and domain based opinions based on holistic approach of market estimation combined with industry investigation additionally features a crucial role in this stage.

This stage includes with the finalization of the market size and numbers that we have gathered from primary and secondary research. With the data & information addition, we ensure that there is no gap in the market information. Market trend analysis is finished by our analysts by utilizing data extrapolation procedures, which give the most ideal figures to the market.

Data Validation: Validation is the most crucial step in the process. Validation & re-validation through scientifically designed technique and process that helps us finalize data-points to be used for final calculations. This stage also involves with the data triangulation process. Data triangulation generally implicates the cross validation and matching the data which has been collected from primary and secondary research methods.

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Testimonials

Hi John,
Thanks for the report. We've been going through it and see some good data on the market and players. –

Kennedy Brown
Health Technology Innovation
United States

Hi Rahul,
Thank You for the report it is good and beneficial for me.
Thank You in Advance

Mika Salomäki

Dear Siddhartha,
Thank you for your fast reply. The report arrived safe and sound, evrything looks all right.
Thank you very much for your assitance and I will be looking forward to another opportunity for cooperation.

ONDŘEJ ŠUPKA
Analytics Department
ČESKÁ ZBROJOVKA A.S.

Dear Siddhartha,
The report looks good, and we believe the material mix is more realistic now. It is good to know you report “Net” Manufacturing Selling Price, as that can make a difference in how we view the numbers. The reports were great and we appreciate your working with us.
Thanks for all your help!