The mobile content delivery network is growing at a rapid pace,
witnessing continually rising demand. Besides, the proliferation of smart and
connected devices and high-speed internet connectivity, and extensive video
content over the internet are major mobile content delivery network market
trends. Moreover, rising awareness and popularity of interactive displays
foster market growth.
Market Research Future (MRFR), in its recently published mobile
content delivery network market report, asserts that the market valuation
would reach approximately 16 BN USD by 2023, growing at 30 % CAGR during the
anticipated period (2017 – 2023). Additionally, increasing numbers of mobile
learning applications and professional expertise in digital learning define the
growing landscape of the market.
On the flip side, poor connectivity is a major factor impeding the
market growth, restricting the uses of the internet. Nevertheless,
increasing implementation of IT security and cloud-based solutions alongside
digitization would support the market growth throughout the assessment
period.
Mobile devices are dominating the video content accessed. With the
increasing levels of data processing at the network edge, content delivery
speed and latency have become important than ever. Consumer expectations of 5G
are rising high, however, to make these a reality, operators need to upgrade
the architect of their systems and move storage and caching needs to the
outermost edge of the network.
Mobile Content Delivery Network Market - Segmentation
The mobile CDN market report is segmented into components, types,
end-users, and regions. The component segment is sub-segmented into hardware, software/solution,
and services (professional and support & maintenance services.). The
sub-segment solution is bifurcated into traffic management, reporting,
monitoring, data analytics, and data security.
The type segment is sub-segmented into video content delivery networks
and non-video content delivery networks. The end-users segment is sub-segmented
into government, media & entertainment, IT & telecom, education,
healthcare, and others. By regions, the market is sub-segmented into Asia
Pacific, Americas, Europe, and rest-of-the-world.
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Mobile Content Delivery Network Market -
Regional Analysis
North America dominates the global mobile content
delivery network market. The market is expected to show immense growth over the
forecast period. Factors such as rapid technological advancements and the
proliferation of the internet, mobiles, tablets, and other smart connected
devices in the region drive the market growth. Additionally, the well-developed
economy of the region propels the growth of the market, allowing penetration of
connectivity and connected devices.
Europe seizes the second-highest share in the
global mobile content delivery network market. Rapid industrialization, the
increasing markets provide a huge impetus to the market growth. Germany, the
UK, France, and Italy are major mobile CDN markets, contributing to the
regional market growth. Additionally, the increasing adoption of on-demand
cloud services drives the mobile content delivery network market size.
The Asia Pacific mobile content delivery network
market is witnessing significant growth, emerging as a promising market in
terms of size. Factors such as the increasing demand for high-speed internet
connectivity and the rising disposable income boost the region’s mobile content
delivery network market share, allowing penetration of connectivity and
connected devices. Countries, including China, Japan, and India, are in the
embryonic stage and offer huge growth opportunities to the mobile CDN market in
the region.
Mobile Content Delivery Network Market -
Competitive Analysis
The well-established mobile CDN market appears
highly competitive due to the presence of several large and small players.
Leading players incorporate collaboration, mergers & acquisitions, product
launches, and expansion to gain a larger competitive advantage.
These players make substantial investments to drive
product innovation and new processes. The market attracts several new entrants
to the market, demonstrating a high growth prospect. This, as a result, would
intensify the market competition further.
Major Players:
Players leading the mobile CDN market include
AT&T Inc. (U.S.), Ericsson (Sweden), Akamai Technologies, Inc. (U.S.),
Highwinds Network Group, Inc. (U.S.), Internap Corporation (U.S.), CDNetworks
(South Korea), Level 3 Communications (U.S.), PeerApp (U.S.), Limelight
Networks (U.S.), and ChinaCache (China), among others.
Industry/ Innovation/ Related News
September 18, 2020 ---- Varnish Software
(Sweden), a leading content delivery company, launched a 5G-ready content
delivery network (CDN) with edge caching capabilities. Varnish Edge Cloud marks
the next stage in the evolution of the company. The company described its new
offering as a carrier-grade, 5G-ready virtualized CDN, delivering 150Gbps from
a single node with sub-millisecond response times.
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