Security News > 2021 > October > Multi-access edge cloud market to grow steadily by 2025

MEC buildouts are being carried out by a broad cross-section of edge stakeholders, and cloud providers) to deliver latency-sensitive edge network services.

Beyond connectivity, MEC buildouts will also provide opportunities for organizations to host applications both on premises and in edge cloud sites.

The acceleration in the development of the mobile edge cloud ecosystem, cable MSOs investing in edge capabilities, and cloud service providers hosting network edge workloads and partnering with communications service providers to provide MEC solutions for enterprises will drive the majority of carrier MEC investments over the forecast period.

Multi-access edge cloud market to reach $16.7B by 2025.

Worldwide revenue for the multi-access edge cloud, including virtual network functions, network functions virtualization infrastructure, and cloud-native network functions, at the carrier edge cloud across the four market subsegments, will grow from $3.5 billion in 2020 to $16.7 billion in 2025.

"Although edge investment is mostly related to 5G/MEC today, we expect edge spending to expand in the wireline market as well as cable MSOs, CDNs, and wireline service providers build edge platforms for low-latency, availability, and security for next-generation enterprise applications," said Ajeet Das, research director, Carrier Network Infrastructure at IDC..

News URL

http://feedproxy.google.com/~r/HelpNetSecurity/~3/Q9q18DtLMog/