SAN FRANCISCO, Oct. 21, 2021 /PRNewswire/ -- A new market study published by Global Industry Analysts Inc., (GIA) the premier market research company, today released its report titled "Mobile CDN - Global Market Trajectory & Analytics." The report presents fresh perspectives on opportunities and challenges in a significantly transformed post COVID-19 marketplace.
FACTS AT A GLANCE
Edition: 8; Released: April 2021
Executive Pool: 2782
Companies: 46 - Players covered include Akamai Technologies, Inc.; AT&T, Inc.; CDNetworks Inc.; ChinaCache International Holdings Ltd.; Ericsson AB; Fastly, Inc.; Internap Corporation; Jet-Stream Services; Level 3 Communications, Inc.; Limelight Networks, Inc.; Peerapp; Verizon Digital Media Services and Others.
Coverage: All major geographies and key segments
Segments: Industry Vertical (Advertising, Education, Gaming, Media and Entertainment, Retail and Wholesale, Other Industry Verticals); Service (Professional Service, Support and Maintenance Service)
Geographies: World; United States; Canada; Japan; China; Europe (France; Germany; Italy; United Kingdom; and Rest of Europe); Asia-Pacific; Rest of World.
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Global Mobile CDN Market to Reach $86.3 Billion by 2026
Amid the COVID-19 crisis, the global market for Mobile CDN estimated at US$12.8 Billion in the year 2020, is projected to reach a revised size of US$86.3 Billion by 2026, growing at a CAGR of 36.8% over the analysis period. Professional Service, one of the segments analyzed in the report, is projected to record a 30% CAGR and reach US$36.5 Billion by the end of the analysis period. After a thorough analysis of the business implications of the pandemic and its induced economic crisis, growth in the Support and Maintenance Service segment is readjusted to a revised 41.2% CAGR for the next 7-year period.
The U.S. Market is Estimated at $5.6 Billion in 2021, While China is Forecast to Reach $14.4 Billion by 2026
The Mobile CDN market in the U.S. is estimated at US$5.6 Billion in the year 2021. China, the world`s second largest economy, is forecast to reach a projected market size of US$14.4 Billion by the year 2026 trailing a CAGR of 35% over the analysis period. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 33.6% and 31.3% respectively over the analysis period. Within Europe, Germany is forecast to grow at approximately 25% CAGR. More
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Global Industry Analysts, Inc., (www.strategyr.com) is a renowned market research publisher the world`s only influencer driven market research company. Proudly serving more than 42,000 clients from 36 countries, GIA is recognized for accurate forecasting of markets and industries for over 33 years.
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SOURCE Global Industry Analysts, Inc.