The annual expenditure of the mobile edge computing is expected to increase tenfold in the next five years, driven by the Internet of Things, startups, artificial intelligence and machine learning.

The edge computing is called to become in the a perfect complement to cloud computing, in order to alleviate the problems of capacity and latency, which can generate the huge growth of data traffic in the coming years.

According to the study ‘Edge Processing in IoT: Market Strategies, Challenges & Future Outlook, 2019-2024’, prepared by Juniper Research, the annual expenditure on mobile edge computing will reach 11.200 billion in 2024, in front of 1,300 million that is expected to be completed this financial year. This results in a average annual growth 52.9%.

The consulting firm explains that the increase is justified by the growing demand of analysis of critical data in real-time at the end of the network to the industry manufacturing, asset tracking and transportation.

The study classifies the main actors in the sector of the edge computing weighing various factors, such as the depth of his experience in the Internet of Things (IoT, in its acronym in English), your geographic footprint, or the number and type of industries served. Thus, he points out that the leaders in this sector are Siemens, Bosch, Amazon Web Services (AWS), VMware, and Telit.

on the other hand, Juniper believes that the mobile operators will play an important role in the connection of processing devices edge through 5G. In particular, he believes that will have great relevance in efforts of smart cities, due to the large number of users of devices that they serve, as well as your property from the mobile spectrum and real estate assets.

The research highlights that the continent of asia will acquire a large prominence in the growth of edge computing. The consultant specifies that the annual expenditure on processing hub in the Far East and China region will reach an estimated value of 4,600 million dollars within five years, representing the 41% of total expenditure overall. In fact, the report emphasises that the three mobile operators leaders of China are carrying out pilots of the edge processing from 2017. In addition, Huawei, Intel and Alibaba have worked together to improve the processing capabilities at the edge of the network.

Elson Sutanto, author of the study, explains that “the edge computing and 5G, supported by continuing advances in the machine learning and the algorithms derived from artificial intelligence, will remain the key drivers of Big Data and complex analytics in real-time at the end of the networks”.