Market Size –
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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Scope Of Mobile Content Delivery Network Market
The Business Research Company’s reports encompass a wide range of information, including:
1. Market Size (Historic and Forecast): Analysis of the market’s historical performance and projections for future growth.
2. Drivers: Examination of the key factors propelling market growth.
3. Trends: Identification of emerging trends and patterns shaping the market landscape.
4. Key Segments: Breakdown of the market into its primary segments and their respective performance.
5. Focus Regions and Geographies: Insight into the most critical regions and geographical areas influencing the market.
6. Macro Economic Factors: Assessment of broader economic elements impacting the market.
Mobile Content Delivery Network Market Overview
Market Drivers –
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.
Market Trends –
Major companies operating in the marine radio market are developing innovative solutions such as IP-M60 Marine VHF/LTE Hybrid Radio to facilitate communication between vessels at sea. IP-M60 Marine VHF/LTE Hybrid Radio is a versatile communication device tailored for maritime use, providing both traditional VHF radio communication and modern LTE connectivity in a single unit. For instance, in September 2021, Icom Inc., a Japan-based company that manufactures radio transmitting and receiving equipment, launched the groundbreaking IP-M60 Marine VHF/LTE Hybrid Radio. This innovative device combines the capabilities of an LTE radio with the reliability of a marine VHF radio in a single handheld unit. Its features include LTE network connectivity for long-range communication, independent PTT buttons for Marine VHF and LTE, simultaneous reception and transmission on both networks, a bridge mode function for relaying critical information, Bluetooth technology for wireless operation, and an IP67 waterproof rating. These features collectively make this solution suitable for various maritime operations, providing a vital lifeline for those at sea and improving safety and efficiency in the marine industry.
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
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Regional Insights –
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.
Key Companies –
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.
Table of Contents
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
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31. Mobile Content Delivery Network Market Other Major And Innovative Companies
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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