CDN Market Highlights:
The Global Content Delivery Network Market is growing with the rapid pace; mainly due to the increasing demand for low cost and reliable storage facility. According to a recent study report published by the Market Research Future, the global market of Content Delivery Network is growing rapidly and expected to gain prominence over the forecast period. The market is projected to demonstrate a remarkable growth by 2023, beating its previous growth records in terms of value with a noticeable CAGR during the anticipated period (2017 – 2023).
There has been tremendous growth in the use of internet services which in result is the major driver of the content delivery network market. Recently, there has been a trend of live and on-demand video delivery that has been a major driver of the content delivery market growth. Apart from it, the increasing use of mobile technology, increasing video consumption of over mobile devices and increasing use of social media are fuelling the growth of content delivery network market.
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The prominent players in the Content Delivery Network Market are-
The key players in the global content delivery network market include Google, Inc. (U.S.), Akamai Technologies (U.S.), Limelight Networks (U.S.), Level 3 Communications, LLC (U.S.), Amazon Web Services, Inc. (U.S.), Verizon Communications, Inc. (U.S.), Highwinds (U.S.), CDNetworks (Korea), Internap Corporation (U.S.), Tata Communications (India), among others.
Content Delivery Network Market Segmentation:
- The Content Delivery Network (CDN) Market can be segmented in to 4 key dynamics for the convenience of the report and enhanced understanding.
- Segmentation by type: Video CDN, Non video CDN and others
- Segmentation By solution: Web performance optimization, Media delivery, Cloud Security
- Segmentation by End-User: BFSI, online gaming, e-commerce, education, healthcare, advertising, media & entertainment, government and others
- Segmentation by Regions: North America, Europe, Asia-Pacific and Rest of the world
North-America is dominating the Global Content Delivery Network Market with the largest market share due to the increasing pace of innovation and the degree of specialization in the market in North America region. Apart from it, North America has been a leader in digitization and also the rising demand for video content is boosting the market in this region. Content delivery network market in Asia-Pacific region is expected to grow at a substantial CAGR during 2017 to 2023 owing to the increasing commercialization in this region. The European market for Content Delivery Network Market is expected to grow at a considerable CAGR (2017-2023).
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Dec. 2017 – Limelight Networks, Inc., a global leader in digital content delivery has announced its expansion in its Content Delivery Network (CDN) global egress capacity to 28 Tbps, increased the average server capacity by 175 percent, reduced power consumption, and added 11 new Points-of-Presence (PoPs) this year. Limelight added new PoPs in Brazil, Canada, France, India, Italy, Spain and the U.S., and upgraded more than 20 locations worldwide to address market demand for content delivery network services and capabilities.
Dec. 2017– Content delivery firm dotstudioPRO is expanding beyond its role as a service provider to focus on strategic monetisation initiatives for streaming video. The company is combining its core practice with audience development, so that clients can expand their distribution and syndication footprint by using an OTT video network. DotstudioPRO hybrid model allows owned-and-operated platforms to choose their revenue models, maintain ownership of viewer engagement, and self-manage and syndicate their own content.
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