As enterprises prepare to deploy Industry 4.0 applications, they are increasingly adopting intelligent infrastructure and newer automation technologies. With aggressive digitalization comes an insatiable appetite for improved performance and new services. Enterprises and customers are adopting the current 5th Generation (5G) mobile network as quickly as it becomes available.
The market for Multi-access Edge Computing (MEC) is pegged at $4.25 billion in 2025. The reasons are many – from the recent surge in AR/VR gaming, to a growing preference for video calling and Ultra-High-Definition, and of course, the Internet of Things (IoT) that spawn SmartX applications, including cities, manufacturing, agriculture, and logistics. The majority of MEC opportunity is both driving and driven by 5G, and the two will grow hand-in-hand in the days to come.