The Multi-Access Edge Computing market is undergoing rapid expansion, driven by the increasing demand for real-time data processing, low-latency applications, and 5G integration. Valued at $2.8 billion in 2022, the market is projected to grow at a CAGR of 43.6%, reaching $102 billion by 2032. MEC brings networking, storage, and computing power closer to the network edge, enabling faster and more efficient data processing. As industries adopt cloud computing and telecommunications convergence, MEC is becoming a key enabler of digital transformation across various sectors. This article explores the key drivers, industry applications, challenges, and future opportunities shaping the MEC market.
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