The Mobile Edge Computing (MEC) market is expected to grow impressively in the coming years. The rising data traffic is one of the major factors which is increasing the growth of the global mobile computing edge market. In 2016, the global mobile data traffic is accounted for at 8.9 exabytes which are expected to reach 69 exabytes by the end of 2022. Hence, the rise in mobile data traffic is rising. In addition to the driving factor, there are factors such as regulatory and privacy concerns as one of the key restraining factors that restrict the growth of mobile computing. 
Geographically, North America held the highest share in 2016 in the mobile edge computing market. The growth in North Americanmobile computing market edge is majorly driven by the increasing adoption of smart devices such as smartphones, tablets, etc. The Asia Pacific mobile computing market edge is expected to grow at an impressive CAGR in the coming years. The growth of mobile computing market edge is mainly driven by the proliferation of smartphones in countries such as India, China, etc. due to growing demand for real time access and social media growth. Furthermore, growing government initiative in Asian countries such as India, China, Japan, etc. is also contributing to the growth in Asia Pacific mobile edge computing market.mobil computing market edge is majorly driven by the increasing adoption of smart devices such as smartphones, tablets, etc. The Asia Pacific mobile computing market edge is expected to grow at an impressive CAGR in the coming years. The growth of mobile computing market edge is mainly driven by the proliferation of smartphones in countries such as India, China, etc. due to growing demand for real time access and social media growth. Furthermore, growing government initiative in Asian countries such as India, China, Japan, etc. is also contributing to the growth in Asia Pacific mobile computing market.mobile computing market edge is majorly driven by the increasing adoption of smart devices such as smartphones, tablets, etc. The Asia Pacific mobile computing market edge is expected to grow at an impressive CAGR in the coming years. The growth of mobile computing market edge is mainly driven by the proliferation of smartphones in countries such as India, China, etc. due to growing demand for real time access and social media growth. Furthermore, growing government initiative in Asian countries such as India, China, Japan, etc. is also contributing to the growth in Asia Pacific mobile edge computing market.
The mobile edge computing market is filled with the number of players. The key players who are actively working for the development of new technology such as multi-access edge computing, etc. are IBM Corporation (US), Huawei Technology Co. Ltd. (China), Intel Corporation (US), Juniper Networks (US), Saguna Networks Ltd. (Israel) and Nokia Corporation (US) etc. all such players are adopting various strategic initiatives such as product development, investment, research and development, expansion, etc. to sustain in the dynamic market.
The Mobile Edge Computing (MEC) market is segmented on the basis of technology, components, verticals and geography. Based on technology, the global mobile computing market segment includes 4G, 5G and WiMAX technology. The 4G technology held the largest share in 2016. Whereas, 5G technology is expected to experience the highest growth rate during the forecast period. The major factor towards the growth of 5Gtechnology is the growing demand for HD content in higher data traffic.
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