Global Mobile Video Optimization Market to Reach $924.5 Million by 2027 – ResearchAndMarkets.com
DUBLIN–(BUSINESS THREAD)–The “Mobile Video Optimization: Global Strategic Business Report” report has been added ResearchAndMarkets.com’s sacrifice.
The global mobile video optimization market will reach $924.5 million by 2027
In the changed post-COVID-19 business landscape, the global mobile video optimization market is estimated at US$558.1 million in the year 2020, projected to reach a revised size of US$924.5 million by 2027, growing at a CAGR of 7.5% over the analysis period 2020-2027. Resource optimization, one of the segments analyzed in the report, is projected to register a CAGR of 7.9% and reach $572.5 million by the end of the analysis period. After an early analysis of the business implications of the pandemic and the induced economic crisis, growth in the Network Optimization segment is readjusted to a revised 6.7% CAGR for the next 7-year period.
The US market is estimated at $152.1 million, while China is expected to grow at 12% CAGR
The mobile video optimization market in the US is estimated at US$ 152.1 million in the year 2020. China, the world’s second largest economy, is predicted to reach a projected market size of US$ 207.3 million by the year 2027, with A CAGR of 12% over the analysis period 2020 to 2027. Among the other notable geographic markets are Japan and Canada, each of which is expected to grow by 3.5% and 6.6% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at around 4.5% CAGR.
Client/Device Optimization segment to register 7.1% CAGR
In the global Client/Device Optimization segment, the US, Canada, Japan, China, and Europe will drive the 6.5% CAGR estimated for this segment. These regional markets representing a combined market size of US$63 million in the year 2020 will reach a projected size of US$97.7 million by the end of the analysis period. China will remain among the fastest growing in this group of regional markets. Led by countries such as Australia, India, and South Korea, the market in Asia Pacific is predicted to reach $127.2 million by the year 2027, while Latin America will expand at an 8.6% CAGR throughout the analysis period.
Select competitors (total 111 exhibits) –
Cisco Systems, Inc.
Citrix Systems, Inc.
Flash Networks Ltd.
Openwave Mobility, Inc.
Key topics covered:
II. EXECUTIVE SUMMARY
1. MARKET OVERVIEW
Influencer Market Insights
World Market Tracks
Mobile Video Optimization – Global Key Competitors Percentage Market Share in 2022 (E)
Competitive market presence – strong/active/niche/insignificant for players worldwide in 2022 (E)
Impact of Covid-19 and a looming global recession
2. FOCUS ON SELECTED PLAYERS
3. MARKET TRENDS & DRIVERS
4. GLOBAL MARKET PERSPECTIVE
III. MARKET ANALYSIS
For more information on this report visit https://www.researchandmarkets.com/r/c6gwy7