U.S. Multi-access Edge Computing Market 2030: Revolutionizing IoT Connectivity
The U.S. multi-access edge computing (MEC) market was valued at USD 1.25 billion in 2023, reaching an estimated value of USD 16.17 billion by 2030, and growing at a compound annual growth rate (CAGR) of 44.1% from 2024 to 2030. MEC integrates network, computing, storage, and application functions at edge nodes located near data sources and connected devices. The increasing use of Internet of Things (IoT) devices across various sectors is anticipated to be a major driver of market growth. Industries such as IT and telecom, manufacturing, transportation and logistics, and data centers are turning to MEC solutions to enable faster and more efficient decision-making processes. The combined deployment of MEC and 5G supports advanced network slicing capabilities, delivering enhanced performance for both enterprises and consumers by leveraging localized computing. The rollout of 5G in the U.S. has paved the way for innovations in smart cities, smart manufacturing, supply chain optimization,...