Multi-Access Edge Computing Market Size
| Study Period | 2019 - 2030 |
| Market Size (2025) | USD 6.91 Billion |
| Market Size (2030) | USD 34.25 Billion |
| CAGR (2025 - 2030) | 37.72% |
| Fastest Growing Market | Asia Pacific |
| Largest Market | North America |
| Market Concentration | Low |
Major Players*Disclaimer: Major Players sorted in no particular order |
Multi-Access Edge Computing Market Analysis
The Multi-Access Edge Computing Market size is estimated at USD 6.91 billion in 2025, and is expected to reach USD 34.25 billion by 2030, at a CAGR of 37.72% during the forecast period (2025-2030).
- The Multi-Access Edge Computing (MEC) market is rapidly expanding, primarily fueled by the rollout of 5G networks and a surging demand for low-latency applications. The rollout of 5G technology significantly propels MEC adoption, offering ultra-low latency and high bandwidth crucial for applications such as IoT, augmented reality (AR), and virtual reality (VR). Projections indicate that by 2025, 75% of enterprise data will be processed at the network edge, underscoring this trend.
- Establishing and upkeeping MEC infrastructure demands substantial upfront investments in hardware, software, and skilled personnel. As a result, the escalating costs of scaling and securing edge networks are pressuring providers to innovate flexible, usage-based pricing models. This has led to the emergence of models like Edge-as-a-Service (EaaS), streamlining and optimizing MEC deployment.
- ETSI ISG MEC stands at the forefront of next-generation technologies. Beyond its pioneering role, the organization is committed to crafting precise and timely specifications. These guidelines ensure the smooth integration of Multi-Access Edge Computing (MEC) technologies, emphasizing top-notch interoperability.
- Moreover, the surge in Over-The-Top (OTT) media services necessitates infrastructure upgrades to handle the growing video traffic. MEC plays a pivotal role in enhancing network performance for these services, notably by minimizing latency and elevating user experiences. As MEC environments broaden, there's a concurrent evolution in security protocols, adapting to varied access points and fortifying data protection measures.
- Implementing edge computing resources can be challenging due to the physical space requirements. A significant hurdle lies in identifying edge data center locations that strike a balance between cost-effectiveness and operational needs. Additionally, MEC environments frequently feature diverse deployments, incorporating equipment from various vendors. This diversity can lead to challenges in the virtualization and containerization of workloads, resulting in fragmentation.
Multi-Access Edge Computing Market Trends
IoT to Hold Significant Market Demand
- Multi-Access Edge Computing (MEC) revolutionizes network efficiency and performance by processing data closer to end users. This is especially advantageous for Internet of Things (IoT) applications, which demand real-time data processing and minimal latency.
- According to GSMA, the number of enterprise-connected IoT devices is projected to rise from 11 billion in 2024 to around 16.5 billion by the close of 2027. The rollout of 5G networks significantly propels MEC adoption, offering the heightened speeds and network capacity crucial for handling the vast data churned out by IoT devices.
- By 2026, the East Asia and Pacific region is set to surpass North America, which led in 2022, in hosting the most network edge data centers. Forecasts indicate that China's aggressive push, especially by China Mobile, will be the primary driver. China Mobile's swift edge computing rollout aims to cut backhaul costs, given its lack of long-haul traffic capacity.
- Equinix, a prominent global data center and interconnection platform, grappled with challenges stemming from the swift rise of communication-heavy mobile apps, smart cities, and the Internet of Things (IoT). Demands for low latency, independent deployments, location awareness, and mobility support posed significant research challenges. To counter these, Equinix adopted Multi-Access Edge Computing (MEC). This move has proven advantageous, with 51% of its IoT-supporting digital infrastructure now at the edge, and projections of growth to 59% in two years.
- Sectors like healthcare, autonomous vehicles, and smart cities highlight the urgency for low-latency applications, emphasizing MEC's pivotal role in real-time data processing and analytics. Collectively, these elements underscore the swift advancement and paramount significance of Multi-Access Edge Computing in bolstering IoT capabilities across diverse sectors, heralding a future of smarter and more efficient systems and applications.
North America is Expected to Hold a Major Share of the Market
- North America's Multi-Access Edge Computing (MEC) market is witnessing robust growth, fueled by advancements in telecommunications infrastructure, the widespread rollout of 5G networks, and a surging demand for low-latency applications across diverse industries.
- Programs like the 5G FAST PLAN, initiated by the U.S. Federal Communications Commission (FCC), bolster MEC deployment efforts. Merging MEC with 5G technology amplifies real-time data processing capabilities, vital for sectors like autonomous vehicles, smart cities, and augmented/virtual reality (AR/VR).
- In response to rising demand, companies are amplifying investments to strengthen their market foothold. In October 2024, Duos Technologies Group, via its subsidiary Duos Edge AI, partnered with Accu-Tech. This collaboration seeks to accelerate the establishment of edge data centers across the nation, addressing the growing need for rapid data processing and improved connectivity in underserved areas. Their partnership aligns perfectly with the evolving landscape of edge computing.
- In a parallel move, Vantiq, known for its real-time intelligent platforms for smart applications, teamed up with Blaize, a frontrunner in AI-driven edge computing. Announced in September 2024, their collaboration centers around an AI-enabled chip. By merging Blaize’s cutting-edge Graph Streaming Processor (GSP) technology with Vantiq’s smart software, they empower organizations with enhanced decision-making and real-time situational awareness, setting a new standard in AI-centric edge computing.
- The financial and banking sector is increasingly leaning on MEC, driven by the need for speed and low latency in areas like high-frequency trading and digital payments. By processing data closer to its source, edge computing slashes latency, facilitating swifter transaction processing. In conclusion, as businesses across sectors prioritize proximity in data processing for quicker insights, MEC's significance is poised to grow.
Multi-Access Edge Computing Industry Overview
The Multi-Access Edge Computing market is highly competitive and fragmented, primarily driven by the presence of major players. These key players employ strategies such as mergers, acquisitions, and product innovations to maintain a competitive edge and broaden their global footprint. Key player include Microsoft Corporation, Hewlett Packard Enterprise Company (HPE), Dell Technologies Inc., and others.
The Multi-Access Edge Computing market is poised for significant growth driven by advancements in 5G technology and the increasing demand for low-latency applications. Multi-Access Edge Computing is poised to redefine connectivity and computing paradigms across industries. Continued innovation and collaboration among key players will be essential in overcoming challenges related to resource management, security, and interoperability as the market evolves.
Multi-Access Edge Computing Market Leaders
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Microsoft Corporation
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Hewlett Packard Enterprise Company (HPE)
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Dell Technologies Inc.
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NVIDIA Corporation
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Akamai Technologies, Inc.
- *Disclaimer: Major Players sorted in no particular order
Multi-Access Edge Computing Market News
- November 2024: SoftBank Corp. announced it developed a traffic understanding multimodal AI designed for remote support of autonomous driving, designed to operate on low-latency edge AI servers with the goal of achieving fully unmanned operations. The traffic understanding multimodal AI aims to address key challenges in the social implementation of autonomous driving by enhancing vehicle safety and reducing operational costs through external support.
- February 2024: Etisalat unveiled multi-access edge slicing innovation. Offering a number of use cases, the tech company said that with a multi-sliced FWA or FA network, a family could use one slice to access services such as HDTV streaming or cloud gaming while another slice could be used for home working via a laptop.
Multi-Access Edge Computing Industry Segmentation
Multi-access edge computing (MEC) is a type of network architecture that provides cloud computing capabilities and an IT service environment at the edge of the network. It brings technology resources closer to the end user. Data is processed and stored at the network's edge, not at some distant data center, significantly reducing latency.
The multi-access edge computing market is segmented by component (hardware, software, services), by end-user (BFSI, IT and telecom, healthcare, retail and e-commerce, manufacturing, automotive, other end-users), by geography (North America, Europe, Asia-Pacific, Latin America, Middle East and Africa). The market sizes and forecasts are provided in terms of value (USD) for all the above segments.
| By Component | Hardware |
| Software | |
| Services | |
| By End-user | BFSI |
| IT and Telecom | |
| Healthcare | |
| Retail and E-commerce | |
| Manufacturing | |
| Automotive | |
| Other End-users | |
| By Geography*** | North America |
| Europe | |
| Asia | |
| Australia and New Zealand | |
| Latin America | |
| Middle East and Africa |
Multi-Access Edge Computing Market Research FAQs
How big is the Multi-Access Edge Computing Market?
The Multi-Access Edge Computing Market size is expected to reach USD 6.91 billion in 2025 and grow at a CAGR of 37.72% to reach USD 34.25 billion by 2030.
What is the current Multi-Access Edge Computing Market size?
In 2025, the Multi-Access Edge Computing Market size is expected to reach USD 6.91 billion.
Who are the key players in Multi-Access Edge Computing Market?
Microsoft Corporation, Hewlett Packard Enterprise Company (HPE), Dell Technologies Inc., NVIDIA Corporation and Akamai Technologies, Inc. are the major companies operating in the Multi-Access Edge Computing Market.
Which is the fastest growing region in Multi-Access Edge Computing Market?
Asia Pacific is estimated to grow at the highest CAGR over the forecast period (2025-2030).
Which region has the biggest share in Multi-Access Edge Computing Market?
In 2025, the North America accounts for the largest market share in Multi-Access Edge Computing Market.
What years does this Multi-Access Edge Computing Market cover, and what was the market size in 2024?
In 2024, the Multi-Access Edge Computing Market size was estimated at USD 4.30 billion. The report covers the Multi-Access Edge Computing Market historical market size for years: 2019, 2020, 2021, 2022, 2023 and 2024. The report also forecasts the Multi-Access Edge Computing Market size for years: 2025, 2026, 2027, 2028, 2029 and 2030.
Multi-Access Edge Computing Industry Report
Statistics for the 2025 Multi-Access Edge Computing market share, size and revenue growth rate, created by Mordor Intelligence™ Industry Reports. Multi-Access Edge Computing analysis includes a market forecast outlook for 2025 to 2030 and historical overview. Get a sample of this industry analysis as a free report PDF download.
