TechNavio recognizes the following companies as the key players in the Global Video CDN Market: Akamai Technologies Inc., CDNetworks Co. Ltd., Level 3 Communications Inc., and Limelight Networks.
Commenting on the report, an analyst from TechNavio’s team said: “One of the main trends that is being witnessed in the Global Video CDN market is the growing pricing pressure on vendors, owing to the increasing competition among them. Akamai dominated the market till 2009, but the company is now witnessing immense competitive pressure from vendors such as Level 3 Communications, Limelight Networks, and CDNetworks. As a result, Akamai, which earlier used to adopt a premium pricing strategy for its CDN solutions, has reduced its prices. Hence, vendors such as Akamai are attracting a large number of customers but are compromising with their margins.”
According to the report, one of the main drivers in this market is the significant increase in video data streaming. With the increasing internet speed and improving video quality, the number of videos being streamed each day has increased significantly.
Further, the report states that one of the main challenges in this market is the high cost of video CDNs. Video CDNs are usually provided through third-party vendors, and the fees charged by them for providing video CDN services are generally high. This makes it difficult, particularly for SMEs, to afford video CDNs. Moreover, the deployment of large-scale video CDN solutions involves hidden charges and additional setup fees, making it even more expensive for enterprises.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors. For further information on this report, please visit https://www.technavio.com/report/global-video-cdn-market-2012-2016
TechNavio, the market research platform of Infiniti Research Ltd., publishes periodic market research reports on niche and emerging technologies. For more information on our market research, please visit https://www.technavio.com/it-hardware-software-services
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TechNavio Announces the Publication of its Research Report -Global Video CDN Market 2012-2016
