Content Delivery Network (CDN) Market Analysis With Forecast| IndustryARC
Content Delivery Network (CDN) is a globally dispersed network of proxy or cache servers that help organizations/enterprises to deliver their content or web pages to their customers based on location. CDN facilitates organizations to deliver content with high efficiency and QoE to the users. CDN stores or replicates multiple copies of media (such as streaming video, audio, and Internet Protocol TV (IPTV), applications, web pages, and software) or content on strategically dispersed servers worldwide. Storing the replicas of content helps organizations to reduce data load from their servers and accelerate content delivery requested by multiple users at the same time, efficiently and securely.
Regional forecast of the Content Delivery Network (CDN) Market
Market is divided on the basis of organization size into large enterprises and SMEs. Lastly, the global CDN market is bifurcated by regions into North America, Asia Pacific (APAC), Europe and Rest of the World (RoW).
North America leads the global CDN market currently and is expected to continue its dominance during the forecast period. The presence of a number of established Content Delivery Network vendors in the North American region, increasing usage of internet-enabled gadgets, rising demand for online data, and a surge in online advertising are factors that bolster the North America CDN market as well as the global CDN market.
According to the IndustryARC marketing analysis report, A significant rise in the streaming/downloading rich media files over the Internet along with increased consumption of Internet across various gadgets and PCs are some of the chief factors driving the demand for CDN solutions. The emergence of federated CDNs and mobile CDNs coupled with increasing demand for cloud services have created substantial opportunities for CDN market players. However, constant monetization of applications and websites along with a increased latency issues hinder the global CDN market.
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Segmentation and key players in the: Content Delivery Network (CDN)
The Global CDN Market is segmented on the basis of solutions into: Media Delivery/Web Performance Optimization/DRM & Transcoding/Monitoring & Analytics/Transparent Caching/Data Security & Cloud Storage.
The Global CDN Market is classified into end-user verticals such as: Online Gaming/Media & Entertainment/Advertising/Public Sector/E-commerce/Health care &ISPs
Some of the key players in the Global CDN Market include: Level 3 Communications, Inc. (U.S.)/Akamai Technologies (U.S.)/Highwinds Network Group, Inc. (U.S.)/Chinacache (China)/CloudFlare Inc. (U.S.) among others.
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