In a recent published report, Kenneth Research has updated the market report for Mobile Content Delivery Network Market for 2021 till 2030. Report further now discusses; the various strategies to be adopted or being adopted by the business players across the globe at various levels in the value chain. In the view of the global economic slowdown, we further estimated that China, India, Japan and South Korea to recover fastest amongst all the countries in the Asian market. Germany, France, Italy, Spain to take the worst hit and this hit is expected to be regain 25% by the end of 2021- Positive Growth in the economic demand and supply.
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U.S. Market recovers fast; In a release on May 4th 2021, the U.S. Bureau and Economic Analsysis and U.S. Census Bureau mentions the recovery in the U.S. International trade in March 2021. Exports in the country reached $200 billion, up by $12.4 billion in Feb 2021. Following the continuous incremental trend, imports tallied at $274.5 billion, picked up by $16.4 billion in Feb 2021. However, as COVID19 still haunts the economies across the globe, year-over-year (y-o-y) avergae exports in the U.S. declined by $7.0 billion from March 2020 till March 2021 whilest imports increased by $20.7 billion during the same time. This definitely shows how the market is trying to recover back and this will have a direct impact on the Healthcare/ICT/Chemical industries, creating a huge demand for Mobile Content Delivery Network Market products.
The Mobile Content Delivery Network Market is estimated to record a significant growth throughout the forecast period. The ICT sector constitutes 4.8% of the European economy. Europe’s organization ERDF i.e. European Regional Development Fund has allotted approximately USD 23 billion for investments related to ICT during the funding period 2014-2020. ICT refers to the communication technologies including the internet, wireless networks, social networking, cell phones, video-conferencing, computers, software, and other media applications and services enabling users to access, retrieve, and manipulate information in a digital form
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The mobile content delivery network helps in optimizing the delivery of mobile content over the internet. The mobile content delivery network accelerates media delivery, improves enterprise mobility, and other services delivered to end users. The factors which are driving the market growth of mobile content delivery network are the increasing penetration of smart devices and high-speed internet connectivity.
The expanding use of video content over the internet among users is also propelling the growth of mobile content delivery network market. On Feb 27, 2018, Reliance Jio has gone into strategic partnership with Cisco System, Inc. in creating a mobile content delivery network that is the all-IP network. With this mobile content delivery network, the companies are focusing on optimizing video streaming experience over the wireless network with lower latency and higher performance for Jio users.
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Companies such as Akamai Technologies, Inc. (U.S.), AT&T Inc. (U.S.), Ericsson (Sweden), CDNetworks (South Korea), Highwinds Network Group, Inc. (U.S.), are the global providers of mobile content delivery network solution across the world. On April 3, 2018, Akamai Technologies, Inc. has come up with the DDoS Mitigation Solution for the content delivery network to prevent DNS-based DDoS attacks and to protect DNS services. The increasing penetration of digital electronics is also propelling the market growth. The mobile content delivery network is gaining momentum as it offers the fastest delivery of video content to the end users.
Segmentation Of mobile content delivery network Market
The global mobile content delivery network market is segmented into the component, type, end users, and region. The component segment is further sub-segmented as hardware, software, solution, services. The services are sub-segmented into professional and support & maintenance services. While, the solution is segmented into traffic management, reporting, monitoring, data analytics, and data security.
The type is segmented into the video content delivery network and non-video content delivery network. The end users are segmented into government, media and entertainment, IT and telecom, education healthcare, and others. The market is spanned across regions including North America, Europe, Asia Pacific, and Rest of the World.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 30%.
Source: MRFR Analysis
Key Players
Some of the prominent players in the global mobile content delivery network market Akamai Technologies, Inc. (U.S.), AT&T Inc. (U.S.), Ericsson (Sweden), CDNetworks (South Korea), Highwinds Network Group, Inc. (U.S.), Internap Corporation (U.S.), Limelight Networks (U.S.), Level 3 Communications (U.S.), ChinaCache (China), PeerApp (U.S.) and among others.
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Regional Analysis
The regional analysis of mobile content delivery network market is studied for regions such as North America, Asia Pacific, Europe, and Rest of the World. The North American region is witnessing a huge growth due to increasing penetration of smartphones which is, in turn, propelling the market growth of the mobile content delivery network. Similarly, in the European region, the mobile content delivery network market is gaining traction due to increasing adoption of on-demand cloud service which is propelling the market growth. Whereas, Asia Pacific countries, including China, Japan, and India, are the incipient markets for the mobile content delivery network, and are expected to gain momentum with the increasing demand of high speed of internet connectivity and grow with the highest CAGR in the coming years.
Intended Audience
mobile content delivery network companies
mobile content delivery network providers
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Computer graphics developers
System integrators and third-party vendors
Government bodies
Technology investors
Research institutes and organizations
Market research and consulting firms
End-users/enterprise-users
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