Mobile Accelerator Market Size
| Study Period | 2019 - 2029 |
| Market Size (2024) | USD 7.05 Billion |
| Market Size (2029) | USD 26.43 Billion |
| CAGR (2024 - 2029) | 30.24 % |
| Fastest Growing Market | Asia Pacific |
| Largest Market | North America |
| Market Concentration | Low |
Major Players
*Disclaimer: Major Players sorted in no particular order |
Mobile Accelerator Market Analysis
The Mobile Accelerator Market size is estimated at USD 7.05 billion in 2024, and is expected to reach USD 26.43 billion by 2029, growing at a CAGR of 30.24% during the forecast period (2024-2029).
Mobile accelerators use various techniques to improve app performance, including data compression, content optimization, and caching. They can also help reduce the amount of data mobile apps use, which can be particularly useful for users with limited data plans.
- The rising use of mobile devices and the growing relevance of mobile apps for organizations drive the need for mobile accelerators. As more businesses rely on mobile applications to interact with consumers, the demand for mobile accelerators to optimize app performance will increase.
- Mobile traffic has increased drastically in recent years, which drives the mobile accelerator market. Mobile traffic has exceeded desktop traffic in several nations as more people use smartphones and tablets to access the internet. This development has emphasized mobile marketing strategies and approaches to target this expanding audience.
- In order to increase the business's strength and user experience quality, Mobile Accelerator is designed to accelerate and optimize web, content, network and applications. In order to reduce the complexity of mobile users, the technology helps network operators to overcome problems such as latency, round trip timeRTT, and to improve scalability, availability and performance, thereby reducing the complexity of mobile users.
- The mobile accelerator market faces significant security challenges as data is shared with third-party vendors. These challenges can restrain the market's growth and hinder businesses' and individuals' adoption of mobile accelerators.
- During the COVID-19 pandemic, mobile accelerator programs adapted to the new normal by offering virtual support to startups. The pandemic has also alloed to led to increased adoption of digital technology, creating new opportunities for mobile accelerator programs that support and guide entrepreneurs in the field of mobile applications.
Mobile Accelerator Market Trends
Increasing Mobile Traffic and Mobile Marketing Trends is Expected to Drive the Market Growth
- Demand for mobile accelerators is increasing as a result of an increase in the use and promotion of mobiles. In order to stay ahead of the competition, mobile accelerators help optimise application performance and improve user experience which is essential for businesses.
- There is a growing demand for Mobile Accelerators due to the increasing use and marketing of wireless technologies. Mobile accelerators are software tools that help your apps run faster and more effectively on the devices you use. According to Ericsson, the number of 5G subscriptions worldwide is projected to grow from 12 million in 2019 to 4 billion by 2030. In North East Asia, South East Asia, India, Nepal and Bhutan, the number of subscriptions is expected to increase.
- Mobile devices have become an integral part of one's daily lives, and people are increasingly using them for a variety of purposes, such as communication, entertainment, shopping, and social media. Consequently, there is an increase in demand for Mobile Applications and businesses are increasing their focus on developing these applications with a view to reaching out to customers.
- An essential element of digital marketing strategies has also been mobile advertising. This is to use different channels such as SMS, mobile applications, web sites for the promotion of services and products on mobile devices like smartphones and tablets.
- Mobile accelerators are being used to ensure that mobile applications perform optimally. These accelerators help reduce the load time of mobile applications, improve their performance, and provide a better user experience. They also optimize the use of mobile device resources such as CPU, memory, and battery, which results in increased battery life and reduced data usage.
Asia-Pacific Expected to be the Fastest Growing Region
- The Asia-Pacific Mobile Accelerator Market is a rapidly growing market that includes a range of mobile technologies, applications, and services. Mobile accelerators refer to technologies designed to enhance the performance of mobile applications and services. These technologies help to optimize the performance of mobile devices and networks, making it possible for mobile applications and services to run more smoothly and efficiently.
- In addition, due to the increase in adoption of Mobile technologies and rising demand for high performance applications and services, a rapid growth is expected over the coming years within the Asia Pacific region's wireless accelerator market. Countries, including China, India and South Korea, which have some of the world's largest and advanced wireless markets are expected to be driving this market.
- Moreover, China's government has invested a great deal on the development of its mobile infrastructure, including deployment of 5G networks, which is likely to further increase market growth for mobile accelerator services over the years ahead.
- As National Bureau of Statistics of China,NBSC In China, there were about 1.69 billion mobile phone subscribers as of February 2023. According to official government statistics, the country's mobile internet penetration rate was 99.7 percent. As a result, Chinese businesses and society have attained a high level of digitization.
- The market is expected to continue to grow in the coming future, driven by factors such as the increasing adoption of mobile technologies and the growing demand for high-performance mobile applications and services. New technologies and services which will further improve the performance of applications and services in this area are emerging as a result of market developments.
Mobile Accelerator Industry Overview
The Mobile Accelerator Market is highly fragmented with the presence of major players like Akamai Technologies Inc., Qualcomm Inc., Telefonaktiebolaget LM Ericsson, Huawei Technologies Co. Ltd, and F5 Networks Inc. Players in the market are adopting strategies such as partnerships, innovations, agreements, and acquisitions to enhance their product offerings and gain sustainable competitive advantage.
- In November 2023 - Qualcomm Inc. announce the Qualcomm Cloud AI 100 Ultra, a new member of our portfolio of cloud artificial intelligence (AI) Inference cards, purpose-built for generative AI and large language models (LLMs), The Qualcomm Cloud AI 100 Ultra is a programmable AI accelerator and can support recent advances in AI techniques and data formats.
- In June 2023 - In addition to this innovative practice,Huawei has been creative in introducing intelligence into core networks and on top of that innovation carried out a series of practices with operators aimed at providing references for building intelligent, simplified, flexible networks, stimulating service innovation, enabling experience monetization and speed up the evolution of 5G business models. Almost every aspect of core networks, from voice and video services to differentiation and intelligent network management, has been empowered by these practices.
Mobile Accelerator Market Leaders
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Akamai Technologies Inc.
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Qualcomm Inc.
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Telefonaktiebolaget LM Ericsson
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Huawei Technologies Co. Ltd
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F5 Networks Inc.
*Disclaimer: Major Players sorted in no particular order
Mobile Accelerator Market News
- November 2023 - Huawei Technologies Co. Ltd unveiled two new all-flash storage products, the OceanStor Pacific 9920 and OceanStor Dorado 2100, to promote the industry vision of All Flash for All Scenarios. The products have been designed to help customers build more efficient and reliable data centers.
- October 2023 - Sasken Technologies, has announce a collaboration with Qualcomm Technologies, Inc.this collaboration marks a significant milestone in the realm of Internet of Things (IoT) innovation and underscores both companies' commitment to shaping the future of connected devices and services.
Mobile Accelerator Market Report - Table of Contents
1. INTRODUCTION
1.1 Study Assumptions and Market Definition
1.2 Scope of the Study
2. RESEARCH METHODOLOGY
3. EXECUTIVE SUMMARY
4. MARKET INSIGHTS
4.1 Market Overview
4.2 Industry Attractiveness - Porter's Five Forces Analysis
4.2.1 Bargaining Power of Buyers/Consumers
4.2.2 Bargaining Power of Suppliers
4.2.3 Threat of New Entrants
4.2.4 Threat of Substitute Products
4.2.5 Intensity of Competitive Rivalry
4.3 Industry Value Chain Analysis
4.4 Impact COVID-19 on the Market
5. MARKET DYNAMICS
5.1 Market Drivers
5.1.1 Increasing Mobile Traffic and Mobile Marketing Trends
5.2 Market Restraints
5.2.1 Security Challenges as the Data is shared with Third-party Vendors
6. MARKET SEGMENTATION
6.1 By Device
6.1.1 Smartphones
6.1.2 Tablets
6.1.3 Other Devices
6.2 By Type
6.2.1 Content/Web Applications
6.2.2 Content Delivery Network Acceleration
6.2.3 WAN Optimization
6.2.4 Mobile Application Accelerator
6.2.5 Device/User End Acceleration
6.2.6 Other Types
6.3 By Application
6.3.1 Gaming Applications
6.3.2 M-Commerce Applications
6.3.3 Location-based Service Applications
6.3.4 Social Networking Applications
6.3.5 Music and Messaging Applications
6.3.6 Other Applications
6.4 By Geography
6.4.1 North America
6.4.2 Europe
6.4.3 Asia-Pacific
6.4.4 Latin America
6.4.5 Middle East and Africa
7. COMPETITIVE LANDSCAPE
7.1 Company Profiles
7.1.1 Akamai Technologies Inc.
7.1.2 Qualcomm Inc.
7.1.3 Telefonaktiebolaget LM Ericsson
7.1.4 Huawei Technologies Co. Ltd.
7.1.5 F5 Networks Inc.
7.1.6 Juniper Networks Inc.
7.1.7 Riverbed Technologies Inc.
7.1.8 Ascom Holding AG
7.1.9 Rockstart Inc.
7.1.10 Flash Networks Inc.
7.1.11 Mobidia Technology Inc.
- *List Not Exhaustive
8. INVESTMENT ANALYSIS
9. MARKET OPPORTUNITIES AND FUTURE TRENDS
Mobile Accelerator Industry Segmentation
The mobile accelerator is a service that gives a platform for mobile application development. It could be cloud-based, which allows anyone to quickly create, test, and publish sophisticated cross-platform mobile apps. The major application of a mobile accelerator would be in a ming application, social networking applications, and music and messaging applications, among others.
The mobile accelerator market is segmented by device (smartphone, tablet), by type (content/web applications, content delivery network acceleration, WAN optimization, mobile application accelerator, device/user end acceleration), by application (gaming applications, M-Commerce applications, location-based service applications, social networking applications, music and messaging applications), by geography (North America, Europe, Asia-Pacific, Latin America, Middle East and Africa). The market sizes and forecasts are provided in terms of value in USD for all the above segments.
| By Device | |
| Smartphones | |
| Tablets | |
| Other Devices |
| By Type | |
| Content/Web Applications | |
| Content Delivery Network Acceleration | |
| WAN Optimization | |
| Mobile Application Accelerator | |
| Device/User End Acceleration | |
| Other Types |
| By Application | |
| Gaming Applications | |
| M-Commerce Applications | |
| Location-based Service Applications | |
| Social Networking Applications | |
| Music and Messaging Applications | |
| Other Applications |
| By Geography | |
| North America | |
| Europe | |
| Asia-Pacific | |
| Latin America | |
| Middle East and Africa |
Mobile Accelerator Market Research FAQs
How big is the Mobile Accelerator Market?
The Mobile Accelerator Market size is expected to reach USD 7.05 billion in 2024 and grow at a CAGR of 30.24% to reach USD 26.43 billion by 2029.
What is the current Mobile Accelerator Market size?
In 2024, the Mobile Accelerator Market size is expected to reach USD 7.05 billion.
Who are the key players in Mobile Accelerator Market?
Akamai Technologies Inc., Qualcomm Inc., Telefonaktiebolaget LM Ericsson, Huawei Technologies Co. Ltd and F5 Networks Inc. are the major companies operating in the Mobile Accelerator Market.
Which is the fastest growing region in Mobile Accelerator Market?
Asia Pacific is estimated to grow at the highest CAGR over the forecast period (2024-2029).
Which region has the biggest share in Mobile Accelerator Market?
In 2024, the North America accounts for the largest market share in Mobile Accelerator Market.
What years does this Mobile Accelerator Market cover, and what was the market size in 2023?
In 2023, the Mobile Accelerator Market size was estimated at USD 4.92 billion. The report covers the Mobile Accelerator Market historical market size for years: 2019, 2020, 2021, 2022 and 2023. The report also forecasts the Mobile Accelerator Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029.
Mobile Accelerator Industry Report
Statistics for the 2024 Mobile Accelerator market share, size and revenue growth rate, created by Mordor Intelligenceā¢ Industry Reports. Mobile Accelerator analysis includes a market forecast outlook 2029 and historical overview. Get a sample of this industry analysis as a free report PDF download.
