PUNE, India, December 21, 2017 /PRNewswire/ --
(CDN) Content Delivery Network Market is forecast to reach $30.89 billion by 2022 from $7.47 billion in 2017 at a CAGR of 32.8% during (2017-2022) driven by the increasing volume of data consumption over the internet, the proliferation of 4K content over company websites and social sites, increasing digitization and increasing number of smart phones and internet users.
Browse 67 Market Data Tables and 40 Figures spread through 150 Pages and in-depth TOC on "Content Delivery Network Market by Type (Standard/Non-Video & Video CDN), Core Solution (Web Performance Optimization, Media Delivery, Cloud Security), Adjacent Service, Service Provider, Organization Size, Vertical, and Region - Global Forecast to 2022" http://www.reportsnreports.com/reports/198343-gobal-content-delivery-networks-cdn-market-delivery-technologies-hardware-analytics-monitoring-encoding-transparent-caching-drm-cms-ovp-trends-geographical-analysis-worldwide.html .
Major vendors in the CDN market are: Akamai (US), Google (US), Level 3 Communications (US), Limelight Networks (US), Amazon Web Services (US), Internap (US), Verizon (US), CDNetworks (Korea), Tata Communications (India and Singapore), and StackPath (US). The key innovators identified are Cedexis (US), Incapsula (US), Fastly (US), CacheFly (US), and Cloudflare (US). These vendors have adopted various types of organic and inorganic growth strategies, such as new product launches, partnerships and collaborations, and mergers and acquisitions to expand their offerings in the CDN market.
Asia Pacific (APAC) provides attractive Content Delivery Network Market growth opportunities and is expected to grow at the highest CAGR. The main factors driving the growth in the region include the increasing consumption of cloud services, rising adoption of mobile and smart phone devices, and high consumption of video over portable devices. APAC holds significant potential for the adoption of CDN solutions due to growing IT infrastructure and consumption of video and non-video contents over the social media. More people are aware of the usage of internet and prefer to view information online, which further boosts the growth of CDN solutions leading to the highest growth rate in the APAC region.
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The content delivery network market is segmented by type, core solution, adjacent service, service provider, organization size, and vertical. The type segment includes standard/non-video CDN and video CDN. The core solution segment comprises web performance optimization, media delivery, and cloud security. The adjacent services segment consists of storage services, analytics and performance monitoring, website and API management, network optimization services, support and maintenance, and others (access control and authentication, Digital Rights Management [DRM], asset monetization, and cache management services).
The video CDN is expected to hold the largest Content Delivery Network Market share during the forecast period. All organizations across verticals are creating video contents to attract their customers. This is resulting in more video contents on company websites and other related sites. The high quality video needs to be delivered to the user irrespective of the location and distance between the content creator and users. Here, CDN plays a vital role by using the geographically distributed network of connected servers.
North America is estimated to be the largest region in 2017 for the CDN market, followed by Europe. This report segments the market into various segments, covering this market comprehensively. The report provides the closest approximations of the revenue numbers for the overall market and segments.
Order a copy of "Content Delivery Network Market by Type (Standard/Non-Video & Video CDN), Core Solution (Web Performance Optimization, Media Delivery, Cloud Security), Adjacent Service, Service Provider, Organization Size, Vertical, and Region - Global Forecast to 2022" research report at http://www.reportsnreports.com/purchase.aspx?name=198343 .
The report aims to estimate the content delivery network market size and growth potential across different segments. The service provider segment includes traditional and Telco CDN, cloud service provider, and others (free and peer-to-peer CDN). The organization size comprises SMEs and large enterprises. The verticals considered for the report comprises BFSI, media and entertainment, gaming, retail and eCommerce, education, government and defense, healthcare, and others (utilities, telecommunications and IT, transportation, and travel and hospitality). The regional analysis includes the study of North America, Europe, APAC, Middle East and Africa (MEA), and Latin America.
Breakup of Primary Interviews:
- By Company type: Tier 1 - 58%, Tier 2 - 18%, Tier 3 - 24%
- By Designation: C-Level - 70%, Manager Level - 30%
- By Region: North America - 57%, Europe - 22%, APAC - 21%
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