BASINGSTOKE, England, May 23 (Bernama-BUSINESS WIRE) — A new study from Juniper Research has predicted that global MEC (Multi-access Edge Computing) spend will grow from $8.8 billion in 2022, to $22.7 billion by 2027. This growth of 260% will be driven by increasing requirements for on-premises machine learning and low-latency connectivity; enabled by 5G technology.
MEC is a network architecture that moves processing power and digital content to mobile network edges to provide lower latency and faster processing to end users.