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Mobile Content Delivery Network Market to Reap Over US$ 70.7 billion in Revenues by End of 2027 at a CAGR of 21.5%

04-24-2020 12:34 PM CET | IT, New Media & Software

Press release from: Reports and Data

Mobile Content Delivery Network Market to grow USD 70.7 billion by 2027

Mobile Content Delivery Network Market to grow USD 70.7 billion by 2027

The Mobile Content Delivery Network Market is expected to grow from USD 9.6 billion in 2018 to USD 70.7 billion by 2027, at a CAGR of 21.5% during the forecast period. The factors which are boosting the market growth of the mobile content delivery network are the increasing infiltration of smart devices and high-speed internet connectivity. The growing use of video content over the internet among users is also boosting the growth of the mobile content delivery network market.

Key players within the mobile content delivery network market include AT&T (US), Akamai Technologies (US), CD Networks (South Korea), Chinacache (China), Chinanetcentre (China), Edgecast Networks (US), Ericsson (Sweden), Fastly (US), Google Inc. (US), Jet-Stream (US) are among other players.

On Feb 27, 2018, Reliance Jio entered into a strategic partnership with Cisco System, Inc. in creating a mobile content delivery network which is the all-IP network. With this delivery network, the companies wish to focus on the optimization of video streaming experience over a wireless network with lower latency and higher performance for Jio users.

Avail a Sample to know more about the complete Report @https://www.reportsanddata.com/sample-enquiry-form/1101

This report covers the recent COVID-19 incidence and its impact on Mobile Content Delivery Network Market. The pandemic has widely affected the economic scenario. This study assesses the current landscape of the ever-evolving business sector and the present and future effects of COVID-19 on the market.

The increasing infiltration of digital electronics is also boosting the market's growth. The momentum of mobile content delivery network is growing as it offers the fastest delivery of video content to the end users.

Players will require increased investments to tackle these challenges and facilitate growth in the coming years. This report comprises drivers, restraints, opportunities, and challenges pertaining to the mobile content delivery network market; and extensive value chain analysis, patent analysis, analysis of the current manufacturing capability and technology status, commercialization potential in different devices, along with market size forecasts till 2027.

The report "Mobile Content Delivery Network Market by CDN Type (Video CDN & Non Video CDN), Organization Size (Large enterprises & Small and Medium-sized Enterprises), Service & Solution (Mobile CDN Service, Mobile CDN Solution), and Geography-Global Forecast 2027"

For this report, the market has been divided into segments on the basis of CDN Type, Organization size, Service & Solution, Vertical and Region:

Mobile Content Delivery Market by CDN Type (Revenue, USD Million; 2020-2027)
Video CDN
Non Video CDN

Mobile Content Delivery Market by Organization Size (Revenue, USD Million; 2020-2027)
Small and Medium Sized Business
Large Enterprises

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Mobile Content Delivery Market, by Service and Solution (Revenue, USD Million; 2020-2027)
Mobile CDN Service
Mobile CDN Solution

Mobile Content Delivery Market, by Vertical (Revenue, USD Million; 2020-2027)
Healthcare
Education
Advertising
Government
Media and Entertainment
Gaming
Retail and Wholesale
M-Commerce
Other Verticals

Mobile Content Delivery Market Regional Outlook (Revenue, USD Million; 2020-2027)
North America
Europe
APAC
RoW

Further key findings from the report suggest:-

The mobile content delivery network market is expected to grow from USD 9.6 billion in 2018 to USD 70.7 billion by 2027, at a CAGR of 28.3% during the forecast period.

The rise of mobile content delivery network market is directly propelled by the demand for application of high-speed internet connectivity among its different application sectors such as in domestic, industries and military.

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The key applications of mobile content delivery network market include CDN Type, Organization size, Service & Solution, Vertical and Region.

Principal functionality of CDN includes redirecting requisitions, outsourcing content, distribution of services, delivering online content, negotiating content, and managing services.

The distinctive benefit of CDNs is their enhanced performance and the ability to offload the traffic that is served directly from the content provider's origin infrastructure, which may lead to minimizing cost for the content provider. Due to these advantages, over half the traffic nowadays is routed via CDNs, and their utilization is predicted to hike in the near future. With the escalating popularity of cloud-based computing, CDN operators are anticipated to experience astounding growth with respect to storage delivery systems.

Geographically, the global market for content delivery network (CDN) can be segmented into Asia Pacific, North America, Europe, and rest of the World. North America is leading the market at a CAGR of 31%. The expanding digitization trend among organizations and the rising demand for video content are factors uplifting the uptake of CDN solutions in North America. Europe lags after North America in the global CDN market. Asia Pacific is predicted to surpass all other regions in terms of growth due to the enhancement in technology in emerging economies of the region.

The research provides answers to the following key questions:

What will be the marketing and pricing strategies adopted by prominent vendors operating in the Mobile Content Delivery Network Market for the forecast years from 2019 to 2027?

What are the new uses for the existing products or services and how have they contributed towards increasing the demand for products or services?

What are the general conditions prevailing and influencing the business environment of the Mobile Content Delivery Network Market?

Who are the key manufacturers venturing into new geographies to establish a lucrative market their products and services?

What will be the dynamics of the demand and supply and the requirements of the distribution channel across the globe in the near future?

What will be the market share of the Mobile Content Delivery Network industry over the considered time periods?

Request For Customization Of This Research Report At@https://www.reportsanddata.com/report-detail/mobile-content-delivery-network-market

The latest Mobile Content Delivery Network Market intelligence report provides business owners, stakeholders and field marketing executives' critical insights about the opportunities as well as strengths to help keep up with the dramatic shift in the consumer behavior and consumption power.

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