Mobile Content Delivery Network Market Size : New Trends and Changing Parameters to Earn More Sales
Mobile Content Delivery Network Market Size
The global mobile content delivery network market is growing at a rapid pace across North America, Europe, Asia Pacific, and rest of the World. In the North American region, the mobile content delivery network market is experiencing a huge demand due to increasing usage of the internet services which is boosting the market growth. The mobile content delivery network demand is growing with increasing proliferation of media files. It also offers reduced bandwidth usage, and provide availability of content over a mobile network.
The North American region is experiencing a high demand for mobile content delivery network due to increasing demand of fastest content delivery over internet to end users. It facilitates the reduction of mobile data traffic, and compress data while uploading or downloading. The increasing demand of distributing content securely over the internet is propelling the demand of mobile content delivery network market.
The global mobile content delivery network market is estimated to reach USD ~16 billion by the end of the forecast period of 2023, at a CAGR of approximately ~30%.
Mobile Content Delivery Network Market - Regional Analysis
The North American region is projected to retain its hegemony over the global mobile content delivery network market followed by the European region. Technical advancements along with the proliferation of the internet, mobiles, tablets and other smart connected devices drive the market growth in the region.
The European region accounts for the second-largest market for the mobile content delivery network. The market is expected to show immense growth over the forecast period. The growing markets in Germany, the UK, France, and Italy backed by the increasing adoption of on-demand cloud services, are majorly supporting the market growth in the region.
The mobile content delivery network market in the Asia Pacific region will witness significant growth emerging as a promising market in terms of size. Countries including China, Japan, and India, are in the embryonic stage and hence, offer huge growth opportunities for the mobile content delivery network. The market in the APAC region is expected to gain momentum with the increasing demand of high speed of internet connectivity growing at the highest CAGR in the coming years.
Additionally, the rising disposable income will propel the growth of the Mobile Content Delivery Network market in the APAC, allowing penetration of connectivity and connected devices. In the light of rapid industrialization, the increasing markets mainly in China, India, Japan, Thailand, Malaysia, and South Korea will provide impetus to the market growth.
Mobile Content Delivery Network Market - Competitive Analysis
The well-established, mobile content delivery network market is adorned by the several large and small players having the international presence. Matured players incorporate collaboration, acquisition, partnership, product launch, and expansion in order to gain a competitive advantage in this market.
These Key players emphasis upon the product innovation and new processes which in turn, is anticipated to fuel the already intensified competition during the forecast period. Mobile content delivery network market demonstrates high growth prospect which in turn, will attract several new entrants to the market, further intensifying the market competition.
Industry/ Innovation/ Related News
October 20, 2018 – Limelight Networks Inc., (US), a leading provider of digital content delivery, video, cloud security, and edge computing services and Ericsson (Sweden), a leading global communications services and connectivity providers announced their collaboration to accelerate content delivery and edge cloud adoption. Limelight’s CDN technology will be deployed on the Ericsson UDN Edge Cloud Platform to enable future edge cloud services.
October 18, 2018 – Broadpeak (France), a leading provider of the content delivery network (CDN) and video streaming solutions for content providers announced its partnership Hiawatha Broadband Communications (HBC -US), an internet service provider with a reliable and scalable IP video delivery solution. Further, the subscriber management and user experiences are powered by Espial’s Elevate Cloud IPTV platform, which is a TV-as-a-service solution that enables HBC to offer IPTV and app-based TV services to its customers.
More Information@
Mobile Content Delivery Network Market Research Report - Forecast to 2023| MRFR
Mobile Content Delivery Network Market has increased at 30% CAGR during forecast period 2017 to…
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