Managed edge services revenue expected to hit $2.8 billion by 2025

Telcos, network vendors, hyperscalers and IT providers have been working overtime to hype up multi-access edge computing (MEC), and that excitement is trickling down to the enterprise market.
New stats published by IDC on Monday predict that managed edge services revenue will reach $445.3 million this year, up 43.5 percent on 2020. By 2025, it expects revenue to hit $2.8 billion, representing an impressive compound annual growth rate (CAGR) of 55.1 percent over the 2021-25 forecast period.
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