Global Mobile Content Delivery Network Market Research Report – By Component (Hardware), Type (Video Content Delivery Network, Non-Video Content Delivery Network), End Users (Media & Entertainment, IT & Telecom)- Forecast Till 2027
Market Scenario
The global mobile content delivery network market, according to MRFR, is estimated to reach USD 16 billion by the end of the review period of 2027, at a CAGR of 30%.
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Market Highlights
The factors that drive the mobile content delivery network market growth are the growing proliferation of smart devices and high-speed internet connectivity. The growing use of internet video content by consumers also propels the growth of the network market for mobile content delivery. If the number of smart devices grows, the higher would be the rate of adoption of your own app as well as the rate of internet video content. This rate rise has contributed to a increasing demand for mobile high-speed web access. The rising market for mobile computing devices along with advanced network technologies. A main factor driving demand in the mobile CDN market, at an unprecedented pace, is the growing growth of digitalisation. In addition, rising demand for Bring Your Own Device (BYOD) across industry verticals and the proliferation of rich media content is increasing. Both factors have had a strong impact on the demand for the mobile CDN. Factors including network quality enhancement, bandwidth optimisation, improved durability, faster content delivery and decreased mobile data traffic are expected to fuel market growth.
Market Segmentation
The global mobile content delivery network market is segmented into the type, component, end users, and region. The part section is sub-segmented further as hardware , software, solution, and services. The services are subdivided into technical services and care & maintenance. While, traffic control, reporting, tracking, data processing , and data security segment the solution. The category is segmented into the distribution network for video content and the delivery network for non-video content. End users are segmented into government, media , entertainment, IT and telecom, healthcare education, and others.
Regional Outlook
The regional overview of mobile content delivery network market is studied for regions such as North America, Europe, Asia Pacific, and Rest of the World.
The North American region is witnessing enormous growth due to the increasing penetration of smartphones which, in turn, propels the mobile content delivery network's market growth. The mobile content delivery network market in the North American region is experiencing a huge demand due to the increasing usage of internet services which is boosting the growth of the market. Demand for the mobile content distribution network is growing with rising media file proliferation. It also makes reduced usage of bandwidth, and provides content access over a mobile network. The area of North America is in great demand for a mobile content distribution network due to growing demand of fastest content delivery over internet to end users. It enables the reduction of mobile data traffic, and compress data while uploading or downloading. The rising need to securely transmit content over the Internet is growing demand from the industry for mobile content delivery networks.
Similarly, the mobile content delivery network market is gaining momentum in the European region due to the growing adoption of on-demand cloud service that propels the growth of the industry.
Whereas Asia Pacific countries, including Japan, China , and India, are the emerging markets for the mobile content delivery network, and are poised to gain traction with the growing demand for high-speed internet connectivity and expand with the highest CAGR in the coming years.
Competitive Dashboard
Some of the major players in the global mobile content delivery network market are AT&T Inc. (U.S.), ChinaCache (China), Akamai Technologies, Inc. (U.S.), CDNetworks (South Korea), Ericsson (Sweden), Highwinds Network Group, Inc. (U.S.), Limelight Networks (U.S.), Internap Corporation (U.S.), Level 3 Communications (U.S.), PeerApp (U.S.) and among others.
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