TECH SUPPLIER Sep 2021 - Market Forecast - Doc # US47309321

Worldwide Carrier Multi-Access Edge Cloud Software Forecast, 2021–2025

By: Ajeet DasResearch Director, Telecom Infrastructure, Patrick FilkinsResearch Manager, IoT and Telecom Network Infrastructure

Abstract

This IDC study examines the worldwide carrier multi-access edge cloud software market for 2021-2025. IDC expects the spending on software (virtual network functions [VNFs] and NFVI) at the carrier edge cloud across the four market subsegments considered in this document to grow from $3.5 billion in 2020 to about $16.7 billion in 2025, at a CAGR of 37.0%.

"As MEC emerges as a viable option for various enterprises verticals, it is becoming a key driver of new revenue streams beyond connectivity and critical for MNOs as they attempt to monetize 5G. Although edge initiatives are mostly related to 5G era, they will also expand in the wireline areas as cable MSOs, CDN, and wireline service providers build edge platforms for speed, availability, and security for next-generation enterprise applications." — Ajeet Das, research director, Carrier Network Infrastructure at IDC


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