Mobile revolution is reaching critical mass, which is a great sign for the service providers, while the customers are spoiled for choices. The growing ubiquity of mobiles and infrastructural reforms are making news all over the world. Changing concepts of mobile commerce and technological advancements are expected to contribute to the rise in demand for mobile accelerators. According to the latest research, the global mobile accelerator market is set to make massive growth during the near future, which is a vital sign for the global network providers as well as customers.
Trends and Drivers
Mobile acceleration is a simple process of optimizing and accelerating network, content, web and applications available on the mobiles. They help the providers to improve the QoE or quality of experience and strength of the businesses. It helps the network providers to overcome the RTT and latency problems. The technology also helps them improve the performance and scalability. These steps towards minimizing complexities for mobile users are expected to drive the mobile accelerator market. Rapid rate of adoption across the world is working as a major driver for the industry, which is a great sign as far as the businesses in the industry are concerned. Escalating needs in the industry along with innovative applications is also expected to drive the growth in the market during next few years.
The global mobile accelerator market is segmented on the basis of the types of devices, acceleration, applications, content and geographic regions. Following are the details of the segmentation:
- Devices: Tablets, smartphones and other devices
- Acceleration: Acceleration of CDN, web/content, device, user end, applications, WAN & others
- Application: M-commerce, gaming, music, social network, messaging, location-based and other
- Content: Gaming, software updates, music and imaging, video and other contents
- Geography: Asia Pacific, North America, Europe, Latin America, Middle East and Africa
According to the analysis of the global industry data and segmentation of the industry, researchers are expecting an impressive growth of the global market. During the study span of the next four to five years, the mobile accelerator market is expected to grow at an exponential CAGR of over 42%. At this rate, it is anticipated to reach $3.36 billion by the end of the year 2018. Growing demand and innovative applications of mobile acceleration are expected to be the crucial driving factor for the global industry. Growing demand from the emerging markets of Asia Pacific, including Japan, Latin America, and Middle East and Africa are also expected to drive the growth channels for the overall market.