Emerging Technology & Digital Transformation · Indirect
Monitoring · monthly
Procurement Category Intelligence

MEC Platforms

Overview
Market size
$5.8B
global, USD
CAGR
24.5%
base to forecast
Buyer power
-1.4
supplier-favoured
Suppliers
6
tracked players
Signals
12
2 high severity

Market outlook

2031$17.3B

What changed

Demand by region

North America demand38%
Asia Pacific demand32%
Europe demand22%
Rest of world demand8%
share of global demandtotal 100%

Cost drivers

Software Licensing and Orchestration Core Fees35%
Hardware Compute and Storage Infrastructure (Edge Servers)25%
R&D and Product Engineering Support20%
Implementation, Systems Integration and Maintenance12%
Cloud Hosting and Data Egress Connectivity8%
share of delivered cost (analyst estimate)

Supplier watchlist

6 tracked

Related categories

AI as a Service PlatformsLarge Language Model APIsMachine Learning Operations PlatformsAutoML PlatformsComputer Vision APIsSpeech Recognition ServicesNatural Language Processing APIsGenerative AI Platforms