Pune, June 24, 2025 (GLOBE NEWSWIRE) -- Multi-Access Edge Computing Market Size Analysis:
“The Multi-Access Edge Computing (MEC) Market was valued at USD 3.40 billion in 2023 and is projected to surge to USD 121.86 billion by 2032, registering a robust CAGR of 48.95% from 2024 to 2032.”
This exceptional growth is driven by rising demand for ultra-low latency, high-bandwidth applications, and real-time data processing across industries. Expansion of 5G networks, growing adoption of IoT and connected devices, and increased need for secure, decentralized computing solutions further fuel MEC deployment across telecom, manufacturing, automotive, and smart city ecosystems.
The U.S. Multi-Access Edge Computing (MEC) Market stood at USD 1.05 billion in 2023 and is projected to reach USD 37.29 billion by 2032, expanding at a CAGR of 48.72% from 2024 to 2032.
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Major Players Analysis Listed in this Report are:
- ADLINK Technology Inc. (MECS-7210, Edge AI SDK)
- Advantech Co., Ltd. (Edge AI Inference System MIC-710AIX, WISE-PaaS EdgeLink)
- FogHorn Systems Inc. (Lightning Edge ML, Lightning Edge Analytics)
- Hewlett Packard Enterprise Development LP (HPE Edgeline EL8000, Aruba Edge Services Platform)
- Huawei Technologies Co., Ltd. (FusionAccess, CloudEngine Switches)
- Juniper Networks, Inc. (Contrail Edge Cloud, Mist AI)
- Saguna Network Ltd. (Saguna vEdge, Saguna Open-RAN MEC)
- SMART Embedded Computing (mCOM10-KL, COM Express Type 7 Module)
- Vapor IO (Kinetic Edge, Synse)
- ZephyrTel (CloudEdge, Telecom Application Suite)
- Dell Technologies Inc. (Dell EMC PowerEdge XR12, VxRail)
- Intel Corporation (OpenNESS, Intel Smart Edge)
- Cisco Systems, Inc. (Cisco Edge Fog Fabric, IOx)
- Ericsson AB (Edge Gravity, Ericsson Cloud RAN)
- Nokia Corporation (AirFrame Data Center, Nokia Edge Cloud)
- IBM Corporation (IBM Edge Application Manager, IBM Telco Network Cloud Manager)
- ZTE Corporation (ZTE Edge Server R5300 G4, MEC Platform)
- AT&T Inc. (Multi-access Edge Compute, AT&T MEC for Video AI)
- Verizon Communications Inc. (5G Edge, ThingSpace)
- Telefonica S.A. (Telefónica Edge, UNICA Edge)
Growth is fueled by widespread 5G rollout, rising data traffic, and demand for real-time processing in sectors like autonomous vehicles, smart infrastructure, and industrial automation
Multi-Access Edge Computing Market Report Scope:
| Report Attributes | Details |
| Market Size in 2023 | US$ 3.40 Billion |
| Market Size by 2032 | US$ 121.86 Billion |
| CAGR | CAGR of 48.95% From 2024 to 2032 |
| Base Year | 2023 |
| Forecast Period | 2024-2032 |
| Historical Data | 2020-2022 |
| Key Segments | • By Solution (Hardware, Software, Services) • By Enterprise Size (Small and Medium-sized Enterprises, Large Enterprises) • By Network Type (Wireless MEC, Wired MEC) • By End-Use (IT & Telecom, BFSI, Energy & Utilities, Automotive, Manufacturing, Retail, Healthcare, Others) |
| Key Growth Drivers | Rising demand for low-latency data processing across smart applications is accelerating the adoption of Multi-Access Edge Computing platforms. |
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By Solution, Software Segment Led the Multi-Access Edge Computing Market in 2023 Due to Its Central Role in Edge Infrastructure Management and Real-Time Intelligence
In 2023, the software segment captured the largest revenue share of about 43% in the Multi-Access Edge Computing Market. This dominance is driven by the need for intelligent orchestration, real-time analytics, and seamless cloud-edge integration. Rising demand for scalable, secure, and customizable edge platforms, along with advancements in virtualization and AI-enabled applications, positions software as the core enabler of MEC deployments across industries.
By Enterprise Size, Large Enterprises Led the Multi-Access Edge Computing Market in 2023 Due to Strong Digital Transformation and Technology Adoption
In 2023, large enterprises accounted for approximately 62% of the Multi-Access Edge Computing Market revenue, driven by their strong financial capabilities, advanced IT ecosystems, and widespread digital transformation efforts. Their early adoption of emerging technologies such as AI, IoT, and private 5G networks creates a critical need for low-latency, efficient edge computing to support complex, distributed operations across multiple locations.
By Network Type, Wired MEC Segment Set to Register Fastest Growth Through 2032 Owing to Demand for Reliable, Low-Latency Industrial and Enterprise Connectivity
The wired Multi-Access Edge Computing (MEC) segment is projected to grow at the highest CAGR of approximately 49.95% from 2024 to 2032. This surge is driven by increasing adoption in industrial automation, manufacturing, and enterprise networks, where consistent data transmission, enhanced security, and ultra-low latency are crucial for supporting real-time, mission-critical applications in controlled environments.
By End-Use, IT & Telecom Sector Dominated the Multi-Access Edge Computing Market in 2023 Driven by 5G Expansion and Demand for Real-Time Data Processing
In 2023, the IT & Telecom segment held the largest revenue share of around 29% in the Multi-Access Edge Computing Market. This leadership stems from its core role in 5G deployment, network infrastructure, and cloud-based services. Telecom providers rely on MEC to enhance content delivery, reduce latency, optimize networks, and improve overall customer experience, solidifying their market position.
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North America Dominated the Multi-Access Edge Computing Market, Asia Pacific Expected to Witness Fastest Multi-Access Edge Computing Market Growth
North America accounted for the largest revenue share of approximately 43% in the Multi-Access Edge Computing Market in 2023. This dominance is driven by advanced digital infrastructure, early deployment of 5G networks, and the presence of leading technology companies. Government support for smart cities, high enterprise cloud adoption, and significant investments by telecom operators and businesses continue to reinforce the region’s leadership in MEC adoption across various industry verticals.
Asia Pacific is projected to grow at the highest CAGR of around 51.48% from 2024 to 2032 in the MEC market. This growth is fueled by rapid urbanization, expanding 5G coverage, and strong investment in smart manufacturing and IoT infrastructure. Countries such as China, India, Japan, and South Korea are accelerating digital adoption, supported by government programs, rising mobile usage, and demand for real-time localized data processing across populous, tech-driven economies.
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