Proliferation of Information Technology to Propel Mobile Edge Computing Market

Published On : 25 Jan 2019

Multi-access Edge Computing (MEC) is a network-level cloud computing environment for application developers and content providers. This environment is marked by ultra-low latency and high bandwidth, as well as in-time access by applications to radio network information. The multi-access edge computer (MEC) is defined in ETSI as a network-level, cloud-based IT services environment. It controls all the right boxes with an extreme low latency and a high bandwidth that allows applications to benefit from information on real-time radio networks.

MEC offers a new value chain ecosystem. Operators can offer authorized third parties the option of opening their Radio Access Network edge (RAN) to allow them to implement innovative applications and services to mobile, company and vertical customers with flexibility and speed.

Multitude of Applications to Drive MEC Market

The MEC industry standards and implementation of MEC platforms will enable operators, vendors and third parties to generate new revenue streams. The unique applications deployed in Edge Cloud allow differentiation. Virtualization in the Network enhances network flexibility and scalability, allowing CSPs to more efficiently use network resources. The CSP market addresses diverse vertical markets, and companies with innovative uses, beyond the traditional consumer-centered business model. It involves applications such as internet, virtual truth, video analytics for real-time use, increased reality, optimized distribution of local content, and caching of data.

An essential element to optimize network performance is the ability to move network functions to the edge. In a virtualized network, the location of the network function is more relevant. Multi-Access Edge Computing (MEC) provides software applications with the ability to tap into service contexts, local content, and real-time networking conditions. Mobile core networks are alleviated by using various services and caching content at the network front and can serve local latency sensitive applications efficiently. The growing number of applications is in real time and cannot tolerate latency longer than 10 milliseconds.  Applications also have a jitter sensitivity (latency variation), the tactile internet, AR / VR connected cars, and smart cities are some other real- time cases.

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Vendors to Find Opportunity in Communications Segment

MEC will transform ICT into a new paradigm of communication- calculation, where telecommunications and computers are simultaneously designed, developed, deployed and operated. The consequences will be to blur the line between CSPs and data / computing companies.

In addition, MEC will lead many infrastructure developments, including mini data centers, remote cloud servers, and more. It also facilitates cloud- based models of services, including real- time on- demand data analytics and different DaaS services.
Leading vendors operating in the global multi-access edge computing market are Hewlett Packard Enterprise, Cisco Systems, Huawei Technologies, Saguna Networks, and ZTE Corporation.

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