Published on : Dec 10, 2018
ALBANY, New York, Dec 10, 2018: ResearchMoz.us has announced the addition of a report, titled “Mobile Video Optimization Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2018–2026”. The report on the global mobile video optimization market offers detailed assessment of growth dynamics, the evolving competitive landscape, promising avenues, lucrative regional opportunities, and major technologies. The study takes a closer look at the key adoption trends and recent innovations in the mobile video optimization market.
The global mobile video optimization market is projected to expand at a promising single-digit CAGR during 2018–2026. The rise in internet accessibility world over, especially in developing countries, is a key factor imparting a robust momentum to the expansion of the mobile video optimization market. Emerging new trends of content consumption, particularly heralded by the staggering sales of mobile devices, are underpinning the rapid evolution of the market. The rising consumers who consume varied content, notably long-duration clicks, is fueling the uptake.
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The global demand for mobile video optimization is propelled by burgeoning use of smartphones among worldwide consumers. The advent of devices with better camera functionality is bolstering the uptake. In addition, the extensive use of tablets in various parts of the world has been imparting robust fillip to the adoption of mobile video optimization techniques. Furthermore, the rising popularity of phablets, in the light of waning demand for tablets, is also creating lucrative opportunities by market players.
The growing use of multi-level optimization technologies for bandwidth optimization processes is opening exciting avenues in the global mobile video optimization market. Moreover, the use of bandwidth optimization processes in recent years has led to attractive savings for mobile operators. This factor is also catalyzing the growth of the market. Government efforts in several developing countries for the development of supporting internet infrastructure are expected to impart increasing momentum to the growth of the market.
The various regional markets for mobile video optimization are North America, Asia Pacific, the Middle East and Africa, Europe, and South America. Of these, the opportunities in North America are expected to emerge as swift pace in the next few years. Europe is also anticipated to rise at prominent pace during the assessment period. Moreover, Asia Pacific is expected to contribute leading share of revenue in the global mobile video optimization market. A large chunk of the regional revenue is contributed by key economies, notably India, China, and Japan. The rapid strides are fueled by the rising internet capabilities of devices used for consumption of video content.
Some of the prominent players hoping to garner sizeable shares in the overall mobile video optimization market are Virtual Graffiti Inc., Vantrix Corporation., Qwilt, Openwave Mobility, Nokia Corporation, Flash Networks Ltd., Ericsson (MediaKind), Citrix Systems Inc., Cisco systems Inc., and Akamai Technologies.
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