Market Size – USD 9.6 billion in 2018, Market Growth – CAGR of 28.3%, Market Trends – Increasing Demand for high-speed data & video content.
The Mobile Content Delivery Network Market is expected to grow from USD 9.6 billion in 2018 to USD 70.7 billion by 2026, 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. 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.
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 2026.
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 2026” is available now to Reports and Data customers and can also be purchased directly at: https://www.reportsanddata.com/checkout-form/1101
Further key findings from the report suggest
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For this report, the market has been divided into segments on the basis of CDN Type, Organization size, Service & Solution, Vertical and Region:
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