Content Delivery Network (CDN) Market Worth USD 15.73 Billion USD by 2020
PUNE, India, October 15, 2015 /PRNewswire/ --
According to a new market research report "Content Delivery Network (CDN) Market by Solutions (Web Performance Optimization, Media Delivery, Cloud Storage and Data Security, Transparent Caching, Transcoding & Digital Rights Management and Analytics and Monitoring) - Global Forecast to 2020", published by MarketsandMarkets, Global Content delivery Network (CDN) Market size is expected to grow from USD 4.95 Billion in 2015 to USD 15.73 Billion in 2020, at a CAGR of 26.0%.
Browse 72 market data Tables and 45 Figures spread through 124 Pages and in-depth TOC on "Content Delivery Network (CDN) Market"
http://www.marketsandmarkets.com/Market-Reports/content-delivery-networks-cdn-market-657.html
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The market report defines the segments of the CDN market with an in-depth analysis and market forecast. This research report also identifies the factors driving this market, restraints hindering it, challenges, and opportunities impacting it in the long run, as well as the future roadmaps. The report also emphasizes on key adoption trends, evolution of CDN, future opportunities, and business cases in this growing market.
The adoption of CDN is expansively increasing as major vendors are aggressively investing and rigorously working towards building cost effective solutions, in an effort to optimize the performance of the web pages and the contents of the clients to their target customers or end users. The CDN vendors help the organization in efficiently delivering the content to their end users with better QoE and QoS.
The CDN market is segmented by solutions: web performance optimization, media delivery, cloud storage and data security, transparent caching, transcoding and DRM, and analytics and monitoring; by service provider type: traditional commercial CDN, cloud CDN, telco CDN, and others (free CDN and peer-to-peer CDN); by end user: SMBs and enterprises; and by vertical: advertising, media and entertainment, online gaming, e-commerce, ISPs, government, healthcare, education, and others including BFSI, hospitality, research, and automotive. The market is segmented on the basis of regions comprising North America, APAC, Europe, Latin America, and MEA.
Companies such as Akamai Technologies, Level3 communications, Limelight networks Inc., Internap, Ericsson, CDNetworks, Highwinds, Chinacache, Cloudflare, and Tata Communications offer high-performance CDN solutions to businesses. These companies provide complete solutions to their customers in order to deliver good quality content to their end users. Also, CDN vendors help the clients to analyze and monitor the performance of their contents that gets delivered to their customers.
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There are various assumptions that have been taken into consideration for the market forecast and analysis. Few of the global assumptions include political, social, technological and economic factors, for example, exchange rates are one of the economic factors and are expected to have a moderate impact on this market. Therefore, dollar fluctuations are expected to not seriously affect the forecasts in the emerging APAC regions. The governance and compliance is the other factor which is expected to remain moderate for players entering the market.
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