The Mobile Content Delivery Network (CDN) industry is embracing constant innovations spurred by the growing traffic of mobile data in addition to the strive to offer the best user experiences. The Mobile Content Delivery Network is a system of caching servers which are placed in key locations to reduce the reaction time when providing content like images, videos and web pages to mobile devices. The market dynamics of Mobile CDN are created and changed by technological advances, the expanding mobile internet consumption, the advent of 5G networks, and the emphasis on providing high quality content to mobile users.
A number of key factors that stimulate the development of Mobile CDN market are growing mobile data traffic. Along with more smartphones, tablets and other mobile devices being adopted by the users, they also want to get seamless content and fast access on it, regardless of the time and place. Mobile CDNs play a very important part in overall content speeds and promptness as they cache and serve content from nearby servers to the end users. This method is executed in a way that lots of pages are saved, loading process gets faster and content is delivered to the mobile user timely.
Besides, the disruption in the usage patterns of mobile internet is one of the most important factors behind the dynamics of the Mobile CDN market. Now, with the consumption of a wide range of information, such as high-resolution videos, mobile applications, and web pages with interactive components, the need for a fast content delivery system is becoming more and more urgent. Mobile CDNs offer a solution to the obstacles set by the variegated and swerving content using which all those mobile applications and services deliver a smooth and responsive user experience.
Moreover, the forces of the market are affected by the replication of 5G networks. Apart from these 5G networks will give higher data transfer speeds, low latency and increased capacity which will help in the deployment of more immersive applications and heavy data transferring function to mobile devices. Mobile CDNs have taken advantage of the high capabilities of 5G networks to stay in line and be able to play an active role in quality content and services. The introduction of 5G networks and Mobile CDNs will see users get unique experiences when consuming mobile content like augmented reality (AR), virtual reality (VR) and ultra-high-definition streaming.
Report Attribute/Metric | Details |
---|---|
Growth Rate | Â Â 12.50% |
The global Content Delivery Network (CDN) market size is expecting an exemplary during the ongoing forecast period of 2022-2030. The global market pattern is expected to grow from USD 14.4 billion that was attained during the historic forecast period that ended in 2019 and is expected to a global market revenue of USD 41.12 billion by the end of the current period in 2030, at a Compound Annual Growth Rate (CAGR) of 12.50% during the forecast period.
The major factors driving the growth of the CDN market during the forecast period include the rising need for effective solutions to enable live and uninterrupted content delivery over a high-speed data network, increasing demand for enhanced QoE that stands for Quality of Experience, and QoS that elaborates as Quality of Service, a proliferation of video and rich media over websites. Also, there has been a trend that supports the increasing demand for enhanced video content and latency-free online gaming experience, and increasing internet penetration and adoption of mobile devices leading to rising opportunities for mobile CDN.
Mobile Content Delivery Network Market COVID 19 Analysis
The outbreak of the COVID-19 pandemic has created significant disruption across every line of businesses, including enterprises, industrial, and government sectors. However, in recent times, as a part of the forecast period with the imposition of the lockdown restrictions getting relaxed in almost every region across the world. The global markets like the Mobile Content Delivery Network Market and other businesses in various industry verticals are resuming their operations are facing issues. Numerous organizations, including tech companies and other companies in various sectors, have provided their employees with work-from-home facilities and supported advantages, which is increasing the network traffic at an alarming rate. Due to this major factor, multiple organizations are adopting the CDNs, to reduce content load time. Moreover, during the outbreak of the global pandemic, the use of media and entertainment platforms such as Over-the-Top (OTT) platforms requiring high-quality video content is surging the demand for CDN solutions. Increased online shopping penetration, rising dependency, eLearning, and other factors like online gaming have increased the demand for CDNs to reduce server load and provide uninterrupted content delivery.
Furthermore, the current multi-regional organizations are currently focusing on business continuity and sustainability with a larger focus to regain minimum Return on Investment (RoI). The CDN market providers are way ahead in helping these organizations during the outbreak of the COVID-19 crisis to ensure continued connectivity for the functioning of critical business applications. In addition, almost all coaching and educational institutes worldwide have shifted their classes to online platforms, tools, and applications. In addition, there are many SMEs and large enterprises globally that are working remotely during the pandemic.
Mobile Content Delivery Network Market Dynamics
The Mobile Content Delivery Network Market share delivers static, dynamic, and interactive content to end-users, at an increased and expanded speed and lower bandwidth. The content requests made by the end-users are automatically routed to the nearest servers in the network. The available content is then delivered to users by speeding up the page loading process in the maximum coverage and bandwidth. The buffering duration of the content affects the interests of a large group of customers. For instance, the functional business of online retailers is likely to be dependent on engaging customers until they check out and order products. Optimization and the birth of a better delivery of content help organizations in retaining their loyal customers as long as possible, to convert them into prospects.
QoS, as a part of the Mobile Content Delivery Network System, refers to the monitoring of infrastructure components, such as servers, routers, and network traffic. The global market is witnessing the birth of major restraining growth factors during the forecast period that ends in 2028. Regularly managing these market components is difficult, as further, it requires significant time, money, and effort from the solution providers. The site administrators and mobile operators require features to ensure that these components are properly executed to deliver better QoS to end-users. Peer-to-Peer (P2P) CDN, as a prominent market inclusion is unpredictable and dynamic and has a complex architecture. A full-fledged decentralized protocol is the need of the hour and is required to continuously monitor and manage the system and recover it from errors. Security and management of the system are some of the major rising concerns of P2P CDN because of the lack of centralized control.
The OTT video consumption in the advantageous side of the Mobile Content Delivery Network Market is rapidly evolving due to the ongoing advancements in digital infrastructure and efforts adopted by various kinds of OTT platforms to create interesting content for consumers at affordable prices while delivering a significant market value. OTT and VoD users are expected to create fast access to the programs and also expect to experience improved broadcast quality and hence, help the Mobile Content Delivery Network Market share during the ongoing forecast period that will be ending in 2023. The substantial increase in the number of users for OTT and VoD is increasing the demand for Mobile Content Delivery Network Market solutions.
Segment Overview
The Mobile Content Delivery Network Market has been segmented based on various heads to meet the rising needs of the global target audience followed by the rising needs of the Mobile Content Delivery Network Market. Hence, for the expansion of the global market share, the segmentation is as follows:
Based on Component, the Mobile CDN Market has the following segments:
Based on Solutions, the Mobile CDN Market has the following segments:
Based on Services, the Mobile CDN Market has the following segments:
Based on Content-Type, the Mobile CDN Market has the following segments:
Based on Provider Type, the Mobile CDN Market has the following segments:
Based on the Application, the Mobile CDN Market has the following segments:
Based on regions, the Mobile CDN Market has the following segments:
Regional Analysis
The North American region is one of the most prominent regions that is expected to propel at an excellent market rate amid the expansion of the Mobile Content Delivery Network Market. The growth of the mobile CDN market in North America is contributed by the growing number of network users accessing the web content. The mobile CDN vendors in the US and Canadian region are increasing their focus on improving website performance and further, are providing a secure environment while delivering content to users. Some trends support the growing digitalization in numerous industry verticals, including retail and eCommerce, gaming, and media and entertainment, is driving the adoption of Mobile Content Delivery Network Market solutions in the regional and international North American region.
Competitive Landscape
Some of the prominent companies that are a part of the Mobile Content Delivery Network Market are mentioned as follows:
Recent Developments
In June 2023, Cloudflare partners with Databricks, the data and AI company, to enable organizations to safely, simply, and affordably share and collaborate on live data.
February 2023 sees Akamai Technologies release Akamai Connected Cloud: a distributed edge and cloud platform for cloud computing, security, and content delivery, which is supposed to make this all possible. The new Akamai Connected Cloud is aimed at consolidating the various aspects of Akamai’s cloud initiative in relation to core computing, distributed cloud and edge platform capabilities.
Jan 2023 saw Spark, New Zealand's largest telecommunications provider as well as digital services provider, together with Ericsson and Red Hat, announced the successful completion of a 5G Standalone (5G SA) trial carried out in New Zealand. Within three months, impressive trialing was done, justifying how simple it can be for independent cloud-native solutions to be deployed.
For immediate release on Jan 10th, Digital Nasional Berhad (DNB), together with Ericsson (NASDAQ: ERIC), announces the launch of a free online academic program on digital technologies & 5G that caters for all students at the tertiary level nationwide. Named ‘MY5G Ericsson Malaysia Pioneers Programme’, it will go live from January 11th, 2023, onwards, thereby serving DNB’s objective of contributing towards tech talent development across the country. It is an important step towards achieving a full-fledged technology ecosystem enabled by 5G consistent with the long-term goals of Malaysia’s digital economy.
Microsoft Corp., December 2022 – Microsoft Corp. collaborated with Viasat to provide internet access to over ten million people globally, including five million individuals across Africa. Microsoft’s Airband Initiative has chosen Viasat as its initial satellite partner; therefore, both entities will expand its activities further into countries like Guatemala, Nigeria among others, thus providing internet connection to Egypt, Senegal as well as Angola, where it is greatly in demand and not very much available.
Report Overview
The Mobile Content Delivery Network Market report has been prepared by carrying a deep market analysis and study of the trends that prevail during the ongoing forecast period. The global market report helps in understanding the basis of the market segmentation followed by the expansion steps like mergers and acquisitions that have been undertaken by the Mobile Content Delivery Network Market players in the period.
© 2024 Market Research Future ® (Part of WantStats Reasearch And Media Pvt. Ltd.)