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(Hosting-NewsWire.com, May 13, 2017 ) CDN is a large distributed system of servers deployed in multiple data centers across the Internet. CDN aims to make contents easily available to end-users with a high performance of websites. CDNs serve a large fraction of the Internet content, which includes web objects like text, graphics, URLs, scripts, and downloadable objects such as media files, software, and documents. It is also used for e-commerce, portals, live streaming media, on-demand streaming media, and social networks. For instance, a website can be hosted in the US, but some of the heavy files can be hosted elsewhere so that the main server serving the content is not slowed down. In addition, these files may be hosted on a different country or even continent as well, so the visitors from those regions experience faster site loading times.
Technavios analysts forecast the global content delivery network market to grow at a CAGR of 29.66% during the period 2017-2021. Research analysis identifies the high growth in video streaming as one of the key growth factors for the global CDN market. The sturdy growth of the video streaming industry can be attributed to the technological advances such as agile internet network and better video quality. When compared to the conventional form of downloading and storing the videos for future use, video streaming offers various benefits including enabling the user to watch videos in real time for both the recorded and live events. Additionally, video streaming also eliminates the need to wait for longer durations to download the video content and reduces the buffer time.
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This growth in video streaming will simultaneously result in the demand for cloud-based CDN networks. Cloud-based storage helps eliminate the need to manually store data such as videos on the PC or desktops and offers the user real-time storage to save data as and when they are recorded. In addition to providing seamless and scalable access to services and applications, the cloud-based content delivery system is also cost-effective and delivers robust security and privacy. Such benefits will significantly fuel the demand for cloud-based CDN, which will consequently fuel the growth of the CDN market over the next four years.
Key vendors Akamai Technologies CDNetworks CloudFlare Level 3 Communication Limelight MaxCDN
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Other prominent vendors 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 Telstra
Market driver High server availability. For a full, detailed list, view our report
Market challenge High price of CDN solutions. For a full, detailed list, view our report
Market trend Increasing development of content delivery clouds. For a full, detailed list, view our report
Key questions answered in this report What will the market size be in 2021 and what will the growth rate be? What are the key market trends? What is driving this market? What are the challenges to market growth? Who are the key vendors in this market space? What are the market opportunities and threats faced by the key vendors? What are the strengths and weaknesses of the key vendors?
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