The Mobile Edge Cloud
5G And MEC
Bridging Your 5G Network to the Cloud
5G Is Not Just Another G
5G is not just a next generation of wireless technology — its speed and capacity are transformational, delivering orders of magnitude better performance to support the coming content delivery demands.
Mobile Will Dominate Our Lives
The number of smartphone users in the world today exceeds 6.3 billion, meaning over 80% of the world’s population owns a smartphone. In total, over 7.1 billion people own a smart or feature phone, putting mobile network access in the hands of over 89% of the world’s population.
Immersive Experiences Everywhere
In a 5G world, screen interaction is replaced by immersion. Augmented reality will be everywhere, offering seamless cloud and device interaction. Your windshield, glasses, windows and more will be AR screens.
Expanding Reach and New Applications
The addressable market will increase with a deeper reach in served markets and a broader reach into new markets. Currently untapped applications will emerge, such as holograms and volumetric 360 video.
5G Means New Business Models and Revenue
As consumer demand rises for these transformational experiences, new, high-yield business models are emerging, impacting the economics of an array of industries.
5G MEC transforms content delivery, allowing mobile operators to create a highly sought after network footprint that surpasses the reach and scale of traditional CDNs, creating a better value proposition, increased market share and more revenue.
Will you exploit first mover advantage by preparing your network now?
There are a number of current and emerging use cases for 5G MEC representing enormous revenue potential.
5G MEC Monetization Use Cases
The market for virtual and augmented reality equipment and services will grow to $144B by 2027. Major players like Facebook, Google, Microsoft and Samsung are investing heavily in the VR/AR ecosystem and user experience. VR promises to be one of the great use cases for monetizing 5G.
5G will drive $1.3 trillion in new revenues in media and entertainment by 2028 according to an October 2018 study by Ovum and Intel. This means a transformation in the content delivery ecosystem and an extraordinary opportunity to monetize 5G networks around the world.
The market for connected car products and services will reach $153B by 2025 with a growth rate of 33.4%. These services range from media delivery to cloud processing of diagnostics to fleet tracking to remote driving. Many of these ‘vehicle to x’ use cases require 5G network performance to run and scale effectively.
MEC Going to Work in Mobile Networks - vCDN with Qwilt's Open Edge Cloud
Qwilt’s Virtual Content Delivery Network (vCDN) leverages 5G MEC architecture to optimize delivery and improve QoE for content served at the edge. By offloading content through open caching at the true mobile edge, MEC-based vCDN reduces network capital and operational expense, while opening up new business models and revenue opportunities.