Global Mobile Edge Computing Report Projects $6.9 Billion Market by 2030

Yahoo Finance ·

ResearchAndMarkets.com has added the Mobile Edge Computing Global Strategic Business Report, highlighting significant expansion as major technology and telecom giants reshape the competitive landscape. The worldwide market for mobile edge computing, valued at $1.5 billion in 2024, is projected to surge to $6.9 billion by 2030, registering a compound annual growth rate of 29%. This robust growth is primarily propelled by accelerating 5G network rollouts, the proliferation of Internet of Things connections, and an escalating corporate need for instantaneous data processing and ultra-low latency applications. Key industry participants such as Cisco, AT&T, Broadcom, ADLINK, and HPE are actively driving infrastructure advancements. Geographically, the United States market stood at $577.4 million in 2024, while China is anticipated to expand at a 34.4% CAGR to reach $584.5 million by the end of the decade. Meanwhile, the location-based services segment is projected to achieve $2.9 billion by 2030 with a 29.8% CAGR.

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The global mobile edge computing (MEC) market is projected to grow at a CAGR of 29%, from $1.5 billion in 2024 to $6.9 billion in 2030. The expansion of 5G infrastructure and increasing demand for IoT data processing are key drivers powering this high growth. Investors should pay attention to earnings improvement opportunities for related telecommunications and semiconductor companies.

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The 29% CAGR growth of the MEC market is based on reduced data transmission costs and demand for ultra-low latency services. Revenue expansion is expected for related companies such as Cisco, Broadcom, and HPE.

The bullish scenario is a surge in profits for related companies due to the expansion of 5G and AI-linked services, while the bearish scenario is delayed hardware investment caused by global supply chain disruptions. 5G penetration rates and IoT device shipments should be used as key monitoring indicators.

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