Dell’Oro Group forecasts that multi-access edge computing (MEC) investments will grow at a 140 percent compounded annual growth rate (CAGR) in servers and packet core user plane functions over the next five years. “Advanced Research Report: Multi-Access Edge Computing (MEC),” a fresh report from the market research company, found that MEC specifications need to evolve for federated MEC networking to address broader requirements in the market.
“The cumulative five-year investment in MEC is expected to be $11 billion,” said David Bolen, research director at Dell’Oro Group. “Though the CAGR is the same as our previous forecast, the cumulative forecast has decreased due to a slower than anticipated wide-scale launches of 5G standalone (5G SA) networks. This may be due to 5G service providers investigating the role that public cloud service providers could play in their networks.”
Bolen said that another factor may be the need for specifications for federated MEC networking. He said that the European Telecommunications Standards Institute MEC committee and the GSM Association Operator Platform Group just released their requirements for federated MEC networking, identifying seven uses cases that the service provider community needs.