The Global Transparent Caching Market is projected to grow at a CAGR of 31.30 percent during the forecast period of 2014-2018.
London, 31 July 2014: TechNavio, an independent tech-focused global research firm, announced today the publication of its market research report on Global Transparent Caching Market 2014-2018, which is projected to grow at a CAGR of 31.30 percent over the forecast period.
Transparent caching is a solution that enables the service provider to offload a significant amount of content traffic by storing a cached copy of the popular content close to the edge of the network. It is then delivered to an end-user directly from the edge of the network rather than from the source. It is invisible to both the content originator and the end-user, hence, the name.
Increased internet traffic and growing demand for video streaming are the major factors driving the growth of the Global Transparent Caching Market.
“Increase in internet penetration and growing adoption of mobile devices such as smartphones and tablets have led to an increase in internet traffic and boosted the demand for video streaming services,” says Faisal Ghaus, Vice President of TechNavio Research.
“Vendors are now increasingly integrating transparent caching with content delivery networks to efficiently meet market demands and ensure quality of service for consumers.”
To define the market conditions in the next 3-4 years, TechNavio analysts have conducted in-depth analysis of the impact of market drivers, challenges and trends featuring data on product segmentations, vendor shares, growth rate by revenue and an evaluation of the different buying criteria in the order of importance.
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