Will Mobile CDN Market carry its growth momentum post COVID-19? Read more to know Shubham Jamdade
• August 03, 2021
Mobile CDN Market: Introduction
The global mobile CDN market is anticipated to reach ~US$ 248 Bn by 2030. The
mobile CDN market is projected to expand at a CAGR of ~35% from 2020 to 2030 in terms of revenue. According to the report, North America was a significant
contributor to the mobile CDN market in terms of revenue in 2019. The prominent market share of the region is due to the significant adoption of mobile CDN and increasing adoption of 5G, especially in the U.S. The mobile CDN market in Asia Pacific is expected to expand at a high CAGR during the forecast period. This is primarily due to increasing penetration of smartphones in the region.
Increasing Smartphone Penetration, Growing Mobile Data Usage, and Advent of
5G Driving Mobile CDN Market
The advent of 5G is anticipated to propel the mobile CDN market during the forecast
period. According to GSMA, 5G connections are expected to reach 1.8 billion by 2025. The growing adoption of mobile Internet, edge, and cloud computing is anticipated to fuel the use of mobile applications in the upcoming years, which will indirectly propel the demand for mobile CDN for managing and delivery of content. According to the
Cisco Visual Networking Index 2017-2022 report, the monthly global mobile data
traffic is projected to surge at a CAGR of around 46% from 2017 to 2022 and is
estimated to exceed 77.5 Exabytes by 2022. Mobile video streaming and Voice over Internet Protocol (VoIP) are anticipated to contribute majority of mobile data traffic. Additionally, increasing penetration of smartphones is also expected to drive the global mobile content delivery network (CDN) market. According GSMA Intelligence,
unique mobile subscribers are expected to reach 5.8 billion by 2025 from 5.2 billion in
2019, at a CAGR of 1.9%. Mobile Internet users are expected to reach 5
billion by 2025, from 3.8 billion in 2019 at a CAGR of 4.6%.
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