Mobile Content Delivery Network Market Research Report by Forecast to 2023

Posted by Kiran on October 22nd, 2019

Mobile Content Delivery Network Market Highlights:

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 Marketdue 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%.

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Major Key Players:

Some of the eminent leaders of the market include AT&T Inc. (U.S.), Akamai Technologies, Inc. (U.S.), Ericsson (Sweden), Highwinds Network Group, Inc. (U.S.), CDNetworks (South Korea), Internap Corporation (U.S.), Level 3 Communications (U.S.), Limelight Networks (U.S.), PeerApp (U.S.), and ChinaCache (China).

Mobile Content Delivery Network Market Segmentation:

The global mobile content delivery network market is segmented into component, type, end users, and region. The component segment is further sub-segmented as hardware, software, solution, services. The solution is further sub-segmented into traffic management, data analytics, and data security.

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.