Market Share of Mobile Edge Computing Industry
The MEC market comprises several global and regional players vying for attention in a fairly contested market space. However, the market is dominated by major vendors that cover a significant share of the market and compete to gain a foothold and become pioneers in different regional markets. Overall, the competitive rivalry among the vendors is expected to be high and remain the same during the forecast period.
In September 2022, Nokia introduced new platform capabilities and applications for its on-premise Mission Critical Industrial Edge (MXIE) compute solution that would enable to host of applications from different ecosystems to advance enterprise digital transformation. It also developed vertical-specific blueprints that guide industrial enterprises to simplify their digital transformation.
In September 2022, Verizon partnered with US Armed Forces to construct a private 5G network inside an aircraft maintenance hangar on Joint Base Pearl Harbor Hickam (JBPHH). With this design, it would be easy for military leaders to leverage the high-speed, high-bandwidth, and low latency of Verizon 5G.
In August 2022, AT&T partnered with WNBA, offering WNBA fans a way to customize content and interact with the game with the upgraded AT&T 5G game view. Fans can view game and player stats during live games, watch customizable clips, and access real-time 3D stats using augmented reality.
Mobile Edge Computing (MEC) Market Leaders
Nokia Corporation
Telefonaktiebolaget LM Ericsson
Comsovereign Holding Corp
AT&T Inc
Huawei Technologies Co. Ltd
*Disclaimer: Major Players sorted in no particular order
