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Mobile CDN Market Share, Key Drivers, Insights by 2030

10-27-2022 07:23 PM CET | Business, Economy, Finances, Banking & Insurance

Press release from: TMR

The COVID-19 pandemic has disrupted operations across a host of industrial sectors. While governments across the world continue to rope in efforts to contain the novel coronavirus, the impact of the COVID-19 event on the mobile CDN market is likely to remain low. The growing adoption of video content services and online games during the COVID-19 pandemic due to lockdowns in various nations is expected to provide considerable opportunities for participants operating in the current mobile CDN market landscape.

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Over the past decade, owing to advancements in technology and dwindling costs of smartphones, mobile penetration is at its all-time high and as per the current observations, the trend is set to continue over the upcoming years. Mobile applications have gained noteworthy popularity among smartphone users in both, developing as well as developed regions of the world. Trends in the past few years have pointed out that usage of mobile applications has been comparatively higher than that of mobile web and desktop. Despite the soaring adoption of thousands of mobile applications, the content delivery network (CDN) infrastructure that is primarily being used in mobile applications is gradually turning obsolete or hindering the user experience.

Conventional mobile CDNs predominantly focus on the first mile and the middle mile, and shun away the last mobile mile i.e. the distance between the edge server and the user. However, due to major improvements in the overall CDN infrastructure coupled with large-scale adoption of smartphones, the latency has gradually moved to the last mobile mile in various geographical regions. At present, players operating in the current mobile CDN market are extensively focusing on content acceleration in mobile networks to gain a competitive edge. Advancements in cloud technology, along with the advent of 5G technology is expected to play a key role in boosting the growth of the mobile CDN market during the forecast period. At the back of these factors, along with consistent improvements in mobile CDN infrastructure, the global mobile CDN market is expected to attain a market value of ~US$ 248 Bn by the end of 2030.

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The gaming sector has witnessed a multifold growth over the past decade-and-a-half. At present, game publishers and developers are required to address several challenges to seamlessly launch online games. Gaming companies have increasingly turned toward mobile CDNs to address challenges related to the performance and speed of downloading game updates, downloads, and patches. As new technologies continue to hit the market at a consistent rate, the overall size of game downloads has increased rapidly.

In addition, improvements in hardware across personal computers, gaming consoles, and handheld devices coupled with faster Internet speeds are also some of the leading factors that have increased the size of downloads across the gaming sector. A large number of trending online games rely on a revenue model which includes upgrades, in-game purchases, and other micro-transactions, including purchasing downloadable content (DLC) due to which, improving the overall pre-gaming user experience is essential.

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The performance of patches and updates plays a key role in influencing the overall profitability of an online game and mobile CDNs offer immense promise in overcoming these challenges. Mobile CDNs empower gaming companies to deliver the required patches and downloads at a rapid pace and at the same time, mitigates the chances of download failure and server crashes. Due to these benefits, the adoption of mobile CDNs across the gaming sector is likely to remain high during the assessment period- a factor that is expected to boost the growth of the mobile CDN market.

The exponential rise in the number of Internet users over the past decade has played a key role in the development of the mobile CDN market. The growing popularity of video content on various online platforms, including OTT, YouTube, and STB is expected to provide several opportunities to market participants operating in the current mobile CDN market. In addition, as mobile CDNs also play an essential role in minimizing transmission delays and loading time from data centers, the demand is expected to witness consistent growth. While the online video content sphere is likely to remain a promising end-use sector, the adoption of mobile CDN is expected to receive a further push from the introduction of a 5G mobile network.

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The entry of 5G infrastructure will pave the way for larger bandwidth due to which, the demand for high-quality video services is anticipated to increase at a rapid pace. The demand for mobile CDN infrastructure that offers high-performance video distribution with low latency and transcoding is likely to grow at a rapid pace during the forecast period- another leading factor that is projected to fuel the growth of the mobile CDN market.

About Transparency Market Research

Transparency Market Research registered at Wilmington, Delaware, United States, is a global market research firm that offers market analysis reports and business consulting. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insights for thousands of decision makers. Our experienced team of Analysts, Researchers, and Consultants use proprietary data sources and various tools & 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.

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Transparency Market Research Inc.
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