Global Content Delivery Network Market to grow from USD 5.76 Billion in 2016 to USD 20.05 Billion by 2021
Pune, India - July 6, 2017 /MarketersMedia/ —
Content delivery network is serving half of the traffic on internet by providing an easy way to improve the performance of the websites of the organisations. Many businesses are reaping the benefits of having their web hosting infrastructure elevated by a CDN.
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The Global Content Delivery Network market to grow from USD 5.76 Billion in 2016 to USD 20.05 Billion by 2021, at a Compound Annual Growth Rate (CAGR) of 28.33%. The year 2016 has been considered as the base year, while the forecast period is upto 2021.Today, content delivery network is serving half of the traffic on internet by providing an easy way to improve the performance of the websites of the organisations. Many businesses are reaping the benefits of having their web hosting infrastructure elevated by a CDN; it reduces the latency thereby enhancing website rendering speed and performance. Conceptually, CDN stores the cached version contents in multiple geographic locations across the world thus, providing quick delivery to the particular region by handling traffic and improving the loading speed.
The report segments the content delivery network market by type, core solution, adjacent service, service provider and vertical. The type segment includes standard/non-video content delivery network and video content delivery network. The core solution segment includes cloud security, media delivery and web performance optimization. The adjacent service segment includes analytics & monitoring, application program interface, content delivery network design, cloud storage, support & maintenance and others. The service provider segment includes csp’s, traditional content delivery network, telco content delivery network and others. The vertical segment includes education, gaming, government, healthcare & life sciences, media & entertainment, retail and others.
Geographic Coverage and Analysis:
The report provides regional analysis covering geographies such as North America, Europe, Asia-Pacific, Middle East & Africa and South America. North America leads the global content delivery network market followed by Europe and Asia-Pacific. Furthermore, North America is expected to reflect highest CAGR during 2016-2021. This is attributed to increasing deployment of CDN in media & entertainment, e-commerce, ISPs, advertisement, online gaming, and others applications across the region.
The companies covered in the Global Content Delivery Network Market report:
• Akamai Technologies – NASDAQ:AKAM
• Amazon Web Services – NASDAQ:AMZN
• CDNetworks, Google – NASDAQ:GOOG
• Highwinds Network Group
• Internap Corporation – NASDAQ:INAP
• Level 3 Communications – NYSE:LVLT
• Limelight Networks – NASDAQ:LLNW
• Tata Communications – NSE:TATACOMM
• Verizon Communications – NYSE:VZ.
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Release ID: 214827