Network operator spending on multi-access edge computing (MEC), is set to reach US$8.3 billion by 2025.
Up from $2.7 billion in 2020, the more than three-fold increase will occur as operators invest in upgrading network capacities and infrastructure to support the data generated by 5G networks. Over the forecast period, operators are set to move infrastructure used for processing data from core network locations to base stations at the network edge.
The outlook, published by Juniper Networks today, said the capabilities of 5G technologies – that is high throughput, low latencies and high device densities – will "necessitate roll-outs of MEC nodes in urban areas".
The 5G catalyst
The findings were echoed by Dan Graham, global product leader for mobile edge computing at World Wide Technology (WWT).
Sharing his outlook for 2021, Graham said edge will become critical in generating revenue streams for operators, and that it had the potential to offset the costs of executing a 5G strategy.