Overview and Scope
A mobile content delivery network (CDN) refers to a network of interconnected servers strategically distributed across various locations to enhance the delivery of internet content to users. This network improves the performance, reliability, and scalability of content delivery over mobile networks, ensuring a seamless user experience accessing web pages, mobile applications, streaming media, and other digital content on mobile devices.
Sizing and Forecast
The mobile content delivery network market size has grown exponentially in recent years. It will grow from $29.87 billion in 2023 to $36.96 billion in 2024 at a compound annual growth rate (CAGR) of 23.8%. The growth in the historic period can be attributed to increasing smartphone penetration and growing mobile data usage, the increasing penetration of digital electronics, rising number of smart devices, increasing mobile data consumption, increasing mobile data traffic.
The mobile content delivery network market size is expected to see exponential growth in the next few years. It will grow to $87.25 billion in 2028 at a compound annual growth rate (CAGR) of 24.0%. The growth in the forecast period can be attributed to availability of internet access in developing countries, increasing mobile gaming, increasing adoption of bring your own device, rise of video streaming, growth of video streaming. Major trends in the forecast period include 5G network, video optimization, edge computing, IoT support, serverless architectures.
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Segmentation & Regional Insights
The mobile content delivery network market covered in this report is segmented –
1) By Component: Solution, Support And Maintenance
2) By Type: Video Cdn, Standard Or Non-Video Cdn
3) By Enterprise Size: Small And Medium Enterprises, Large Enterprises
4) By End-User: Media And Advertisement, Gaming, Retail And E-Commerce, Education, Travel And Hospitality, Government, Healthcare, Other End Users
North America was the largest region in the mobile content delivery network market in 2023. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the mobile content delivery network market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.
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Major Driver Impacting Market Growth
The rising number of smart devices is expected to propel the growth of the mobile content delivery network market going forward. Smart devices are electronic devices equipped with built-in computing and communication capabilities, allowing them to connect to the internet, interact with users, and often perform tasks autonomously or in response to commands. The increase in smart devices is driven by their transformative benefits regarding convenience, energy efficiency, security, entertainment, and sustainability. Smart devices support multimedia content formats, including high-definition videos, augmented reality (AR) applications, virtual reality (VR) experiences, and interactive web applications. For instance, according to Hippo Insurance, a US-based property insurance company, around 69% of households in the U.S. have at least one smart device in 2022, which is predicted to increase by 15% in 2024. Therefore, the rising number of smart devices is driving the growth of the mobile content delivery network market.
Key Industry Players
Major companies operating in the mobile content delivery network market are Amazon Web Services Inc., Google LLC, Microsoft Corporation, Verizon Media LLC, AT&T Inc., Deutsche Telekom AG, NTT Communications Corporation, Ericsson AB, Lumen Technologies Inc., Akamai Technologies Inc., Citrix Systems Inc., Rackspace Technology Inc., Cloudflare Inc., Imperva Inc., Fastly Inc., Limelight Networks Inc., Internap Corporation, StackPath LLC, Comcast Technology Solutions LLC, DataCamp Limited, CacheNetworks LLC, Swarmify Inc., PeerApp Ltd., CDNetworks Inc., ChinaCache International Holdings Ltd.
The mobile content delivery network market report table of contents includes:
1. Executive Summary
2. Mobile Content Delivery Network Market Characteristics
3. Mobile Content Delivery Network Market Trends And Strategies
4. Mobile Content Delivery Network Market – Macro Economic Scenario
5. Global Mobile Content Delivery Network Market Size and Growth
…
32. Global Mobile Content Delivery Network Market Competitive Benchmarking
33. Global Mobile Content Delivery Network Market Competitive Dashboard
34. Key Mergers And Acquisitions In The Mobile Content Delivery Network Market
35.Mobile Content Delivery Network Market Future Outlook and Potential Analysis
36. Appendix
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