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Annual Spend on Mobile Edge Computing will Reach $11.2 Billion by 2024

Total annual spend on Mobile Edge Computing (the collection and analysis of data at the source of generation, at the Edge of the network, instead of a centralised location such as the cloud), will reach $11.2 billion by 2024, according to Juniper Research.

This is up from an estimated $1.3 billion in 2019, with an average annual growth of 52.9%.

Juniper Research ranked leading players in the Edge Processing sector by a range of factors, such as the depth of their experience in IoT, their geographical footprint, along with the number, and type, of industries served.

The top five players are:

  • Siemens
  • Bosch
  • AWS
  • VMware

Read more: Help Net Security

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