Report

Frost Radar: Private Multi-Access Edge Computing, 2023

Frost Radar: Private Multi-Access Edge Computing, 2023

Private Multi-Access Edge Computing (MEC) is transforming enterprise connectivity by enabling ultra-low latency applications and mission-critical operations. Businesses can adopt MEC via upfront investment or as-a-service models, integrating cloud computing, AI, and IoT for enhanced automation and efficiency. With 5G advancements, MEC adoption is accelerating, projected to grow from $749.3M in 2021 to $16.28B by 2025. Verizon leads in MEC innovation, partnering with AWS, Google Cloud, and IBM to enhance connectivity for industries like transportation, healthcare, and manufacturing. Its 5G Edge solution provides real-time analytics, improved security, and seamless network orchestration.

Join for free to read