Global CDN market expected to grow at a high CAGR of 25% by 2019, says Technavio

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This market study by Technavio segments the global content delivery network market by geography and comprises of regions like the Americas, APAC, and EMEA. The report also provides an analysis of the key drivers, challenges, and upcoming trends that influence market growth. Leading vendors analyzed in this market research are Akamai Technologies, CDNetworks, CloudFlare, Level 3 Communications, Limelight Networks, and MaxCDN.

Technavio has released updated information on the content delivery market, with the publication of its new market research report, global CDN market. The global content delivery network (CDN) market is expected to generate revenues worth $9 billion between 2015 and 2019. The ability of CDNs to support the distribution of content across diverse regions by automatically sensing the availability of servers and facilitating instant user redirection is a significant factor driving this market’s growth. The Americas dominate the global CDN market in terms of revenue, occupying around 46% of the total market revenue. Factors like the growing demand for online data, increasing usage of internet-enabled gadgets, and an increase in online advertising aid in promoting the prospects for growth in this region.

“The CDNs are increasingly using mobile networks owing to their variability and flexibility in distributing information across the end-users. These CDNs enhance the mobile internet service delivery, which helps the enterprises to manage the overall internet traffic. This allows vendors to offer reliable and high-speed mobile data services to the end-users, besides lowering the carrier operating expenses,” says Navin Rajendra, Lead Analyst, Media & Entertainment, Technavio Research.

Owing to the growing size of streaming video content, the content service providers are opting for CDN services to maximize the bandwidth utilization. CDNs provide better channel efficiency, have faster load time and have several servers that provide immense bandwidth capacity.

The leading vendors in the global content delivery network market include Akamai Technologies, CDNetworks, CloudFlare, Level 3 Communications, Limelight Networks, and MaxCDN. This market is highly competitive and consists of multiple vendors that can be categorized into pure-play vendors and non-pure-play vendors.  The pure-play vendors are those vendors that solely focus on the CDN market and are not diversified in their interests. The non-pure-play vendors are well diversified and are present in several segments and products.

A more detailed analysis is available in the Technavio report, Global CDN Market 2015-2019.

We can customize this reports by other regions and specific segments upon request.

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