The Mobile Content Delivery Network (CDN) market that consists mainly of video CDN and non-video CDN segments is estimated to grow from US$2.11 billion this year to US$13.4 Billion in 2020 at a CAGR of 44.7%, according to a new market research report published by MarketsandMarkets. In terms of regional performance, North America is expected to be the largest market by market size while APAC, Latin America, and MEA are expected to emerge rapidly in this market with high CAGRs.
Mobile CDN helps to compress text and reduce excessive information while downloading videos on 3G or LTE network, further optimizing the mobile device's performance. The mobile CDN solutions and services help to understand the end users' quality of experience, deliver high-definition video quality, identify and optimize encrypted content, and improve quality of service for latency-sensitive mobile content.
MarketsandMarkets believes that constant monetization of mobile sites and unreliable connectivity and latency issues are the major constraints in the Mobile CDN Market. These limitations carry a significant potential for hampering the adoption rate of Mobile CDN in various small and medium businesses across a wide range of industry verticals.
