The article cited AMA's "Global Multi-access Edge Computing Market Study" explored CAGR of %. According to the report, Introduction of New Innovative Applications and Services is one of the primary growth factors for the market. Exponential growth in traffic, especially video, and the explosion of connected devices
is also expected to contribute significantly to the Multi-access Edge Computing market. Overall, Financial and Banking Industry
applications of Multi-access Edge Computing, and the growing awareness of them, is what makes this segment of the industry important to its overall growth.
AMAs Analyst on the Global Multi-access Edge Computing market identified that the demand is rising in many different parts of the world as "Increasing Number of Connected Devices
". Furthermore, some recent industry insights like "In July 2020, Verizon Business and IBM had announced they are entering into a collaboration to work together on 5G and edge computing innovation to help enable the future of Industry 4.0." is constantly making the industry dynamic.
The report provides an in-depth analysis and forecast about the industry covering the following key features: o Industry outlook including current and future market trends, drivers, restraints, and emerging technologies o Analyses the Global Multi-access Edge Computing market according to Type, Application, and regions o Analyzes the top 10 players in terms of market reach, business strategy, and business focus o Provides stakeholders insights and key drivers & trends of the market
**The market is valued based on weighted average selling price (WASP) and includes any applicable taxes on manufacturers. All currency conversions used in the creation of this report have been calculated using constant annual average 2018 currency rates.
Market Size Estimation In market engineering method, both top-down and bottom-up approaches have been used, along with various data triangulation process, to predict and validate the market size of the Multi-access Edge Computing market and other related sub-markets covered in the study.
o Key & emerging players in the market have been observed through secondary research. o The industrys supply chain and overall market size, in terms of value, have been derived through primary and secondary research processes. o All percentage shares, splits, and breakdowns have been determined using secondary sources and verified through primary sources.
Data Triangulation The overall Multi-access Edge Computing market size is calculated using market estimation process, the Multi-access Edge Computing market was further split into various segments and sub-segments. To complete the overall market engineering and arriving at the exact statistics for all segments and sub-segments, the market breakdown and data triangulation procedures have been utilized, wherever applicable. The data have been triangulated by studying various influencing factors and trends identified from both demand and supply sides of various applications involved in the study. Along with this, the Global Multi-access Edge Computing market size has been validated using both top-down and bottom-up approaches.