According to Technavio’s latest market research study, the global CDN market is expected to grow at a CAGR of close to 30% during the forecast period, 2017-2021.
This report by Technavio provides an in-depth analysis of the global content delivery network (CDN) market in terms of revenue and emerging market trends. The report also includes an up-to-date analysis and forecasts for various market segments and all geographical regions.
Technavio research analysts categorize the market based on the core solution type
Source: Technavio
Click here to request a free sample of this report
The top three revenue contributing core solution segments are discussed below
Global CDN market by web performance optimization: The global CDN market by web performance optimization is projected to experience significant growth during the forecast period owing to the ability of CDNs to offer high quality of service (QoS) to end-users by streamlining access to online content. Opting CDN over standard hosting ensures that the content is delivered from a server located closest to the end user and enhances the overall UX (user experience), which is propelling their adoption for web performance optimization on a global scale.
“The growing dependency on search engines such as Google is one of the key driving forces behind the growth of the global CDN market by web performance optimization. The industry analysts at Technavio estimate the market to account for a revenue of almost USD 9 billion by 2021,” says Ujjwal Doshi, a lead analyst at Technavio for research on Internet and e-commerce.
Global CDN market by media delivery: The growth of the global CDN market by media delivery is anticipated to be driven by the ability of CDN to assist with the delivery of flawless streaming of media contents. Furthermore, CDNs can allow consumers to access HD video contents on any screen. Some major media offerings by CDNs in this segment include the seamless delivery of over-the-top video, games, social media, news, and software updates at a fast network speed.
Global CDN market by cloud security: Cloud CDNs help in lowering the network latency, reduce serving costs, and offload origins. In 2015, Google adopted cloud CDN to leverage its globally distributed edge points of presence. By using cloud CDN, the company aimed to speed-up the content delivery for websites and applications that are served out of Google Compute Engine and Google Cloud Storage. The global CDN market by cloud security is expected to account for a market revenue of around USD 6 billion by the end of the forecast period.
The top vendors operating in the global CDN market are:
- Akamai Technologies
- CDNetworks
- CloudFlare
- Level 3 Communications
- Limelight
- MaxCDN
Other prominent vendors in the market include Abacast, Accelia, Alcatel-Lucent, Amazon Web Services, AT&T, Bharti Airtel, BitTorrent, Broadmedia, BT Group, CacheFly, Cisco Systems, Conviva, Deutsche Telekom, EdgeCast Networks, Highwinds Network Group, Internap Network Services, Interroute Communications, NTT Communications, PacNet Services, Reliance Globalcom, Singapore Telecommunications, Tata Communications, Telecom Italia Sparkle, and Telstra.
A more detailed analysis is available in the Technavio report titled, ‘Global CDN Market 2017-2021’. Technavio also customizes reports by other regions and specific segments upon request.
Other related reports
- Global Mobile Wallet Market 2017-2021
- Global Tampons Market 2016-2020
- Global Wearable Apps Market 2016-2020
To read more press releases – click here
