Multi-Access Edge Computing Market to Reach $23B in 5 Years: Juniper

The global multi-access edge computing (MEC) market will expand from $8.8 billion this year to $22.7 billion in five years on increasing 5G requirements for on-premises machine learning and low-latency connectivity, said Juniper Research Monday. Over 3.4 million MEC nodes will be deployed by 2027 with autonomous vehicles and smart cities key beneficiaries of expanding MEC rollouts. Enabling the handling of data generated by connections processed at network edges will reduce network strain by decreasing the physical distance that cellular data needs to travel, it said.