Industry News: Global Content Distribution Network Trajectory and Analytics

19th February 2021 - Global Mobile CDN Market to Reach $114.4 Billion by 2027

According a 'Research & Markets' report just published, there will be a global $110+ Billion Mobile CDN (Content Delivery Network) Market to 2027, with U.S. Market Estimated at $3.9 Billion, While China is Forecast to Grow at 35% CAGR

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$114.4 Billion by 2027, growing at a CAGR of 36.8% over the period 2020-2027. The analysis is a key indicator of content demand from sectors such as entertainment, media, publishing and education.

Professional Service, one of the segments analyzed in the report, is projected to record 30% CAGR and reach US$36.5 Billion by the end of the analysis period. After an early 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 $3.9 Billion, While China is Forecast to Grow at 35% CAGR

The Mobile CDN market in the U.S. is estimated at US$3.9 Billion in the year 2020. China, the world`s second largest economy, is forecast to reach a projected market size of US$18.7 Billion by the year 2027 trailing a CAGR of 35% over the analysis period 2020 to 2027. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 33.6% and 31.3% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 25% CAGR.

In Detail:

The report presents concise insights into how the pandemic has impacted production and the buy side for 2020 and 2021. A short-term phased recovery by key geography is also addressed. Further information

Editor Note:
Industry news is provided to keep our readers up to date of activities, trends and insights in the world of online business. Unless otherwise specified, the industry news published on our web site is not an endorsement by us of the brands, products or services, case studies or news described in the news item.