Mobile Accelerator Market reaching US$ 16,625.9 Mn by the end of the forecast period

According to a new market report published by Transparency Market Research, the global mobile accelerators market was valued at US$ 1,264.3 Mn in 2016 and is expected to expand at a CAGR of 28.6% from 2018 to 2026, reaching US$ 16,625.9 Mn by the end of the forecast period. According to the report, Asia Pacific was the largest contributor in terms of revenue to the mobile accelerators market in 2016. This is primarily due to strong adoption of smartphones and increasing usage of mobile applications among end-users across the region.

Request a Sample – https://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=30242

Increase in smartphone usage and increased internet accessibility in developing countries driving the global mobile accelerators market

Increase in smartphone usage and increased internet accessibility in developing countries are the major factors expected to fuel the growth of the mobile accelerators market across the globe. The rise in adoption of mobile applications has been driven by a significant increase in the usage of smartphones. Smartphones have enabled the new trend of content consumption via screens. They make a significant volume of applications available. Furthermore, mobile video usage continues to rise with the widespread use of tablets. The technologically improved devices have enriched user expectations regarding application performance in terms of speed, auto upgrade, etc. Thus, it is anticipated to create new demand for mobile accelerators among consumers. Apart from this,the mobile accelerator market is also being fueled by increasing accessibility of the internet in developing nations. Developing countries are receiving government support for the development of electronic infrastructure, which includes Internet connectivity. Thus, the use of mobile accelerators is expected to rise with an increase in the use of the Internet across the world.This in turn is expected to drive the mobile accelerators market during the forecast period.

Mobile Accelerators Market: Scope of the Report

The global market for mobile accelerators is segmented on the basis of component, app type, end-user, and geographic regions. On the basis of component, the market has been segmented into source optimization, network optimization, and client/device optimization. In 2017, source optimization segment accounted for the largest share in terms of revenue of the global mobile accelerators market. Furthermore, client/device optimization segment is expected to gain major market share throughout the forecast period. On the basis of app type, the global mobile accelerators market has been segmented into gaming, business, education, travel, entertainment, banking, health & fitness, e-commerce, social networking, and location based service app. In 2017, gaming segment accounted for the largest market share in terms of revenue of the global mobile accelerators market. Furthermore, e-commerce app type segment is expected to gain major market share throughout the forecast period. Based on end-user, the global mobile accelerators market has been categorized into content providers, service providers, and network infrastructure providers. Among them, network infrastructure providers segment is expected to expand at a higher compound annual growth rate during the forecast period. Service providers segment is expected to have moderate growth during the forecast period. However, content providers segment held major market share in 2017, and is estimated to dominate throughout the forecast period.

Based on geography, the global mobile accelerators market has been bifurcated into North America, Asia Pacific, Europe, South America, and Middle East & Africa. Among these regions, the market for mobile accelerators in Asia Pacific is expected to hold its dominant position throughout the forecast period. However, North America and Europe are also expected to contribute significant market share during the forecast period. Furthermore, the markets in Middle East & Africa and South America are anticipated to expand at a significant growth rate during the forecast period.

Ask for brochure:

https://www.transparencymarketresearch.com/sample/sample.php?flag=B&rep_id=30242

Global Mobile Accelerators Market: Competitive Dynamics

Major providers of mobile accelerators have started partnering with other ecosystem players in order to broaden their customer base and increase their product/service compatibility. Major technologically established players have started investing in smaller companies to develop strategic partnerships and harness benefits for the future.

The global mobile accelerators market includes different players such as RapidValue IT Services Private Limited, Flash Networks Ltd., Instart Logic Inc., Cloudflare Inc., ITway Solutions LTD., Equinix, Inc., Limelight Networks Inc., IBM Corporation, Salesforce.com, Inc., and Akamai Technologies, Inc.

The mobile accelerators market has been segmented as below:

Market Segmentation: Global Mobile Accelerators Market

By Component

Source Optimization
Network Optimization
Client/Device Optimization

By App Type

Gaming
Business
Education
Travel
Entertainment
Banking
Health & Fitness
E-commerce
Social Networking
Location Based Service Apps

By End-user

Content Providers
Service Providers
Network Infrastructure Providers

TMR Latest News Publication:

https://www.prnewswire.com/news-releases/open-source-software-platforms-in-engineering-software-market-to-take-design-automation-to-new-heights-opportunities-predicted-to-rise-at-13-5-cagr-during-2020—2030-tmr-301284425.html

Contact Us:

Transparency Market Research
State Tower,
90 State Street,
Suite 700,
Albany NY - 12207
United States
USA - Canada Toll Free: 866-552-3453
Email: sales@transparencymarketresearch.com
Website: http://www.transparencymarketresearch.com

About Us:

Transparency Market Research is a global market intelligence company, providing global business information reports and services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insight for thousands of decision makers. Our experienced team of Analysts, Researchers, and Consultants, use proprietary data sources and various tools and techniques to gather, and analyze information.

Our data repository is continuously updated and revised by a team of research experts, so that it always reflects the latest trends and information. With a broad research and analysis capability, Transparency Market Research employs rigorous primary and secondary research techniques in developing distinctive data sets and research material for business reports.

This release was published on openPR.