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Mobile Content Delivery Network Market -Global Industry Trend Analysis 2015 to 2019 and Forecast 2020 - 2028
Mobile Content Delivery Network (CDN) has changed the way users experience the content and the way the content providers deliver the content on the smart devices such as iPhones, Android-based smartphones, iPods, iPads, Windows-based smartphones, laptops, tablets, phablets, smart watches, and others. The average mobile page has many different components, further providing the mobile content delivery network market solution and service providers huge opportunities to reduce latency and make changes. The mobile-optimized CDN enables the solution providers to reach more number of equipment, reduce the complexities and expenses that were incurred while deploying the fixed broadband line in a particular region. The mobile users are expecting the same quality and experience they get on the wired devices such as pdf files, video streaming, online gaming, applications, e-commerce, images, and others.
Nowadays, mobile CDN is becoming more imperative as a platform for enterprises as mobility because for today’s platform ‘Bring Your Device (BYOD)’ provide a significant technology framework. As the content delivery network market is becoming more diverse and competitive, expectations of enterprises from mobile content delivery network service providers are evolving as they undergo the journey of digital transformation. Players in the mobile content delivery network market should focus on drive-down cost and deliver video programming with the reliability and high possible picture quality.
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Owing to the COVID-19 pandemic outbreak, the operations across the various industrial sectors are disrupted significantly. While governments of most of the countries continue to rope in efforts to contain the spread of novel coronavirus, and thus the impact of the COVID-19 event on the mobile content delivery network market is likely to remain low. The rising adoption of online games and video content services during the COVID-19 pandemic due to lockdowns in different countries is anticipated to provide considerable opportunities for participants operating in the current mobile content delivery network market landscape. Thus the mobile content delivery network market is anticipated to grow by almost 40% in Q4 of 2020, due to its increased adoption by user, during the lockdowns.
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Various SMEs in emerging markets are focusing on using the digital platform and Internet for gaining worldwide presence. Large organizations are focusing on providing an interactive and engaging digital experience that relies on heavy multimedia content. This in turn can lead to increasing loading time of webpages due to increasing traffic and congestion on the Internet. Engaging customers is vital for sustaining the business and is becoming increasingly challenging with rapidly expanding online economic conditions characterized by intense competition. This is in turn is expected to increase deployment of mobile content delivery network for efficient delivery of online content over forecast period.
In addition, various technological advancements in video formats are in turn leading to a radical shift from standard definition (SD) to high definition platforms such as 2K, 4K and 8K. This translates to significantly higher size of files, for example, bitrate for 4K video is approximately 18 Mbps, 2X the HD video bitrate and 9X SD video bitrate. This is expected to drive growth of mobile content delivery network platform to deliver such content across various supported devices without compromising on quality of content.
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Examples of some of the market participants in the global mobile content delivery network market identified across the value chain include Akamai Technologies, Inc., Amazon Web Services, Inc., CacheNetworks, LLC, CDN77.com, CDNetworks, Inc., CenturyLink, Inc., ChinaCache International Holdings Ltd., Google, Inc., Imperva, Inc., Internap Corporation, Microsoft Corporation, Tata Communications Ltd., Verizon Digital Media Services and others
On the basis of geography, North America is a prominent region, in terms of value, in the mobile content delivery network market, owing to strong presence of mobile content delivery network vendors, along with high spending in R&D in this region. Countries in Asia Pacific such as India, China, and ASEAN are expected to create potential growth opportunities for the content delivery network market, owing to the strong economic growth of these countries, increasing penetration of smart devices, and rising adoption of cloud-based solutions and services.
The mobile content delivery network market report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, and inputs from industry experts and industry participants across the value chain. The report provides in-depth analysis of parent market trends, macro-economic indicators, and governing factors, along with market attractiveness as per segment. The market report also maps the qualitative impact of various market factors on market segments and geographies.
