Multi-access Edge Computing Market Size, Share & Trends Analysis Report By Solution, By End-use, By Enterprise Size, By Network Type, By Region, And Segment Forecasts, 2024 - 2030

Research Methodology

A three-pronged approach was followed for deducing the multi-access edge computing market estimates and forecasts. The process has three steps: information procurement, analysis, and validation. The whole process is cyclical, and steps repeat until the estimates are validated. The three steps are explained in detail below:

Information procurement: Information procurement is one of the most extensive and important stages in our research process, and quality data is critical for accurate analysis. We followed a multi-channel data collection process for multi-access edge computing market to gather the most reliable and current information possible.

• We buy access to paid databases such as Hoover’s and Factiva for company financials, industry information, white papers, industry journals, SME journals, and more.
• We tap into Grand View’s proprietary database of data points and insights from active and archived monitoring and reporting.
• We conduct primary research with industry experts through questionnaires and one-on-one phone interviews.
• We pull from reliable secondary sources such as white papers and government statistics, published by organizations like WHO, NGOs, World Bank, etc., Key Opinion Leaders (KoL) publications, company filings, investor documents, and more.
• We purchase and review investor analyst reports, broker reports, academic commentary, government quotes, and wealth management publications for insightful third-party perspectives.

Analysis: We mine the data collected to establish baselines for forecasting, identify trends and opportunities, gain insight into consumer demographics and drivers, and so much more. We utilized different methods of multi-access edge computing market data depending on the type of information we’re trying to uncover in our research.

• Market Research Efforts: Bottom-up Approach for estimating and forecasting demand size and opportunity, top-down Approach for new product forecasting and penetration, and combined approach of both Bottom-up and Top-down for full coverage analysis.

• Value-Chain-Based Sizing & Forecasting: Supply-side estimates for understanding potential revenue through competitive benchmarking, forecasting, and penetration modeling.

• Demand-side estimates for identifying parent and ancillary markets, segment modeling, and heuristic forecasting.

• Qualitative Functional Deployment (QFD) Modelling for market share assessment.

Market formulation and validation: We mine the data collected to establish baselines for forecasting, identify trends and opportunities, gain insight into consumer demographics and drivers, and so much more. We utilize different methods of data analysis depending on the type of information we’re trying to uncover in our research.

• Market Formulation: This step involves the finalization of market numbers. This step on an internal level is designed to manage outputs from the Data Analysis step.

• Data Normalization: The final market estimates and forecasts are then aligned and sent to industry experts, in-panel quality control managers for validation.

• This step also entails the finalization of the report scope and data representation pattern.

• Validation: The process entails multiple levels of validation. All these steps run in parallel, and the study is forwarded for publishing only if all three levels render validated results.

Multi-access Edge Computing Market Categorization:

The multi-access edge computing market was categorized into three segments, namely solution (Hardware, Software, Services), end-use (IT & Telecom, Smart Cities, Smart Homes, & Smart Buildings, Data centers, Energy & Utilities, Automotive, Healthcare, Agriculture), and region (North America, Europe, Asia Pacific, Latin America, and Middle East & Africa)

Segment Market Methodology:

The multi-access edge computing market was segmented into solution, end-use, and regions. The demand at a segment level was deduced using a funnel method. Concepts like the TAM, SAM, SOM, etc., were put into practice to understand the demand. We at GVR deploy three methods to deduce market estimates and determine forecasts. These methods are explained below:

Market research approaches: Bottom-up

• Demand estimation of each product across countries/regions summed up to from the total market.

• Variable analysis for demand forecast.

• Demand estimation via analyzing paid database, and company financials either via annual reports or paid database.

• Primary interviews for data revalidation and insight collection.

Market research approaches: Top-down

• Used extensively for new product forecasting or analyzing penetration levels.

• Tool used invoice product flow and penetration models Use of regression multi-variant analysis for forecasting Involves extensive use of paid and public databases.

• Primary interviews and vendor-based primary research for variable impact analysis.

Market research approaches: Combined

• This is the most common method. We apply concepts from both the top-down and bottom-up approaches to arrive at a viable conclusion.

Regional Market Methodology:

The multi-access edge computing market was analyzed at a regional level. The globe was divided into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa, keeping in focus variables like consumption patterns, export-import regulations, consumer expectations, etc. These regions were further divided into nine countries, namely, the U.S.; Canada; Germany; the UK; China; India; Japan; Brazil; Mexico.

All three above-mentioned market research methodologies were applied to arrive at regional-level conclusions. The regions were then summed up to form the global market.

Multi-access edge computing market companies & financials:

The multi-access edge computing market was analyzed via companies operating in the sector. Analyzing these companies and cross-referencing them to the demand equation helped us validate our assumptions and conclusions. Key market players analyzed include:

• ADLINK Technology Inc. - ADLINK Technology Inc. is an information technology and services company based in Taiwan. The products and solutions offered by the company allow customers to alter their technological ecosystem. Moreover, AI-based platforms are provided by the companies to other businesses to design and grow their network substructure based on their requirements. ADLINK Technology Inc.’s products and solutions are used by different across several industries such as defense & aviation, infotainment, power & energy, healthcare, transportation, telecom, and retail. The company is a vital member of the Intel Internet of Things (IoT) Solutions Alliance and has a strategic partnership with NVIDIA Corporation, through which it works together with other renowned market players to advance AI-integrated edge computing solutions.

• Advantech Co., Ltd. - Advantech Co., Ltd. is a global computer hardware company specializing in providing hardware, software, system integration, customer-centric design services, automation products, global logistics support, and embedded systems. Advantech Co., Ltd. caters to the requirements and demands of companies across various sectors such as energy & environment, industrial, healthcare, transportation & logistics, retail, and telecom. Moreover, The business helps its customers drive effective business practices by providing products, solutions, and services that aid in disrupting industrial automation and applied computing.

• FogHorn Systems - A computer software company, FogHorn Systems is based in the U.S. The company offers its services to numerous businesses such as manufacturing, oil & gas, transportation, smart buildings & smart cities, energy & power, healthcare, retail, and automotive. The business has collaborated with more than 50 industrial solution providers, OEMs, advisors, and gateway providers, such as Robert Bosch GmbH, General Electric Company, Honeywell International Inc., and Yokogawa Electric Corporation. FogHorn Systems specializes in providing edge intelligence software regarding IoT, Platform-as-a-Service (PaaS), industrial automation, cloud computing, edge intelligence, predictive analytics, application platforms, fog computing system integrators, OEMs, and customers in the industries mentioned above.

• Hewlett Packard Enterprise Development LP - A U.S.-based IT provider company Hewlett Packard Enterprise Development LP (HP), offers enterprise solutions across cloud, data centers, and workplace environments. The corporation offers technology solutions to support organizations in digital transformation and serves several enterprise consumers in North America, Europe, Asia Pacific, Latin America, and MEA. It is focused on organic and inorganic growth strategies to improve its services and product portfolio as well as expand its business operations. The company mostly functions through the following segments: personal systems and printing. Moreover, hybrid IT provides a more extensive portfolio of software-enabled infrastructure & solutions, which include software-defined storage, servers, and HPE Pointnext services. The mobile IoT solutions product category contains a portfolio of secure edge-to-cloud solutions that operate under the brand name Aruba, which comprises wireless Local Area Network (LAN), data center switching, Software Defined Wide-Area-Networking (SD-WAN), and associated services to enable secure connectivity across enterprises.

• Huawei Technologies Co., Ltd, - Headquartered in Shenzhen, China, Huawei Technologies in Co., Ltd, offers Information and Communications Technology (ICT) solutions. A wide range of end-to-end solutions in telecom and enterprise networks, devices, and cloud technology and services are offered by the business. The corporation operates mainly through three business segments; carrier business, enterprise business, and consumer business. Huawei Technologies is a member of over 600 standards organizations, industry alliances, and communities, and it has entered into partnerships with various corporations to increase its domains such as cloud computing, Software-Defined Networking (SDN), Network Functions Virtualization (NFV), and 5G. The solution assists edge nodes in delivering intelligent services through an SDN-based Agile Controller and thereby implements network management in the cloud. The company offers an edge computing solution under the enterprise business segment. Huawei’s Edge Computing-IoT (EC-IoT) solution facilitates the application of cloud-managed platforms, edge computing IoT gateways, and edge computing to the IoT field.

• Juniper Networks, Inc. - California-based Juniper Networks, Inc. is a computer networking company, that deals in the development, designing, and selling of services and products to build consistent, scalable, and protected networks for their trades and improving current network conditions. Juniper Networks, Inc. has positively affected several organizations with its innovative and industry-relevant solutions, such as Aston Martin, Gap Inc., Ricoh, Synechron, and The European Organization for Nuclear Research (CERN). Additionally, the company specializes in providing products and solutions regarding networking, switches, operating systems, routers, and security. Juniper Systems, Inc. enables companies to drive their digital transformation goals by offering intelligent, secure, open, and agile solutions to its clients.

• Saguna Networks Ltd. - Saguna Networks Ltd. is a leading company in the multi-access edge computing market, based in Israel. The company assists its clients in monetizing, optimizing, and accelerating their networks. Saguna Networks specializes in providing solutions and services related to mobile network content acceleration, edge cloud computing, cloud computing in Radio Access Networks (RAN), and Network Function Virtualization (NFV). The company's significant clients include Hewlett Packard Enterprise Company, Dell EMC, Akamai Technologies, Inc., and Vodafone Group plc.

• SMART Embedded Computing - In July 2019, SMART Global Holdings, Inc. acquired Artesyn Embedded Computing and Inforce Computing, leading to the formation of SMART Embedded Computing. This move allowed SMART to extend its product offering into various markets, including federal, defense, industrial, edge computing, consumer, and communications OEM markets. The acquisitions were expected to immediately contribute to the company's earnings per share (EPS). SMART Embedded Computing, formerly known as Artesyn Embedded Computing, specializes in designing and manufacturing versatile embedded computing solutions for industries such as military & aerospace, telecom, cloud gaming, video analytics, transportation, industrial automation, and healthcare. The company's prominent technology partners include 6WIND, Broadcom Inc., Marvell, Clavister, Dell Inc., GDCA, and HP Development Company, L.P. The acquisitions were part of SMART Global's strategy to drive growth and expand its target market opportunity, enabling the company to cross-sell its existing products.

• Vapor IO -  Vapor IO is a software company based in Austin, USA, that specializes in providing data-driven solutions for data centers, cloud computing, storage, and big data. The company has recently joined The Kinetic Edge Alliance, which is a collaboration of major players in the industry such as Arm Limited, CBRE Group, Inc., Hitachi Vantara LLC, and Western Digital Corporation, to design, deploy, and operate edge computing efficiently. The Kinetic Edge Alliance aims to make designing, deploying, and operating edge computing easy by converging edge exchange, edge colocation, and edge networking into a nationwide network that empowers application developers and enhances existing applications. Vapor IO's Kinetic Grid provides a network of data centers and interconnection facilities to bring new services to the edge of the network.

• ZephyrTel - ZephyrTel is a U.S.-based computer software company that offers cloud solutions for retail, mobile, infrastructure, and customer experience to telecommunication companies worldwide. The company has installations in over 50 countries and serves more than 330 telecom companies globally. ZephyrTel specializes in providing solutions and services for mobile device diagnostics, transparent caching, solutions for retailers and operators, multi-channel contact centers, and interworking networks.

Value chain-based sizing & forecasting

Supply Side Estimates

• Company revenue estimation via referring to annual reports, investor presentations, and Hoover’s.

• Segment revenue determination via variable analysis and penetration modeling.

• Competitive benchmarking to identify market leaders and their collective revenue shares.

• Forecasting via analyzing commercialization rates, pipelines, market initiatives, distribution networks, etc.

Demand side estimates

• Identifying parent markets and ancillary markets

• Segment penetration analysis to obtain pertinent

• revenue/volume

• Heuristic forecasting with the help of subject matter experts

• Forecasting via variable analysis

Multi-access Edge Computing Market Report Objectives:

• Understanding market dynamics (in terms of drivers, restraints, & opportunities) in the countries.

• Understanding trends & variables in the individual countries & their impact on growth and using analytical tools to provide high-level insights into the market dynamics and the associated growth pattern.

• Understanding market estimates and forecasts (with the base year as 2022, historic information from 2018 to 2021, and forecast from 2023 to 2030). Regional estimates & forecasts for each category are available and are summed up to form the global market estimates.

Multi-access Edge Computing Market Report Assumptions:

• The report provides market value for the base year 2022 and a yearly forecast till 2030 in terms of revenue/volume or both. The market for each of the segment outlooks has been provided on region & country basis for the above-mentioned forecast period.

• The key industry dynamics, major technological trends, and application markets are evaluated to understand their impact on the demand for the forecast period. The growth rates were estimated using correlation, regression, and time-series analysis.

• We have used the bottom-up approach for market sizing, analyzing key regional markets, dynamics, & trends for various products and end-users. The total market has been estimated by integrating the country markets.

• All market estimates and forecasts have been validated through primary interviews with the key industry participants.

• Inflation has not been accounted for to estimate and forecast the market.

• Numbers may not add up due to rounding off.

• Europe consists of EU-8, Central & Eastern Europe, along with the Commonwealth of Independent States (CIS).

• Asia Pacific includes South Asia, East Asia, Southeast Asia, and Oceania (Australia & New Zealand).

• Latin America includes Central American countries and the South American continent

• Middle East includes Western Asia (as assigned by the UN Statistics Division) and the African continent.

Primary Research

GVR strives to procure the latest and unique information for reports directly from industry experts, which gives it a competitive edge. Quality is of utmost importance to us, therefore every year we focus on increasing our experts’ panel. Primary interviews are one of the critical steps in identifying recent market trends and scenarios. This process enables us to justify and validate our market estimates and forecasts to our clients. With more than 8,000 reports in our database, we have connected with some key opinion leaders across various domains, including healthcare, technology, consumer goods, and the chemical sector. Our process starts with identifying the right platform for a particular type of report, i.e., emails, LinkedIn, seminars, or telephonic conversation, as every report is unique and requires a differentiated approach.

We send out questionnaires to different experts from various regions/ countries, which is dependent on the following factors:

• Report/Market scope: If the market study is global, we send questionnaires to industry experts across various regions, including North America, Europe, Asia Pacific, Latin America, and MEA.

• Market Penetration: If the market is driven by technological advancements, population density, disease prevalence, or other factors, we identify experts and send out questionnaires based on region or country dominance.

The time to start receiving responses from industry experts varies based on how niche or well-penetrated the market is. Our reports include a detailed chapter on the KoL opinion section, which helps our clients understand the perspective of experts already in the market space.