Cloud Content Delivery Network (CDN) Market Revenue to Expand at a CAGR of 28.0% by 2021
The report "Cloud
Content Delivery Network (CDN) Market by Type (Standard/Non-video and
Video), Core Solution (Web Performance Optimization, Media Delivery, and Cloud
Security), Adjacent Services, Organization Size, Vertical, and Region - Global
Forecast to 2021", The global cloud Content Delivery Network (CDN)
market to grow from USD 1.81 Billion in 2016 to USD 6.23 Billion by 2021, at a
Compound Annual Growth Rate (CAGR) of 28.0%. 2015 has been considered as the
base year, while the forecast period is 2016-2021.
The cloud CDN market is growing
rapidly owing to the rising volume of data consumption over the internet,
increasing internet penetration in the emerging economies, and the
proliferation of video and rich media content over social sites.
Key Cloud Content Delivery Network
(CDN) Market Player
Major vendors that offer cloud CDN solutions are: Akamai Technologies,
Inc. (Cambridge, U.S.), Google, Inc. (California, U.S.), Level 3 Communications
(Colorado, U.S.), Limelight Networks, Inc. (Arizona, U.S.), Alcatel – Lucent SA
(France), Amazon Web Services, Inc. (Washington, U.S.), Internap Corporation
(Georgia, U.S.), Ericsson (Sweden), Verizon Communications, Inc. (New York,
U.S.), CDNetworks (Seoul, Korea), Tata Communications (Mumbai and Singapore),
and Highwinds (Florida, U.S.). The key innovators identified are Cedexis
(U.S.), Incapsula, Inc. (California, U.S.), Fastly, Inc. (U.S.), CacheFly
(Chicago, U.S.), MaxCDN (U.S.), CloudFlare, Inc. (U.S.), and Conviva
(California, U.S.). These vendors have adopted different types of organic and
inorganic growth strategies such as new product launches, partnerships &
collaborations, and mergers & acquisitions to expand their offerings in the
cloud CDN market.
Browse 62 market data tables and 56
figures spread through 159 pages and in-depth TOC on “Cloud Content Delivery
Network (CDN) Market - Global Forecast to 2021"
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Media
delivery is expected to dominate the cloud CDN market in terms of core
solutions
The research study for global cloud CDN market encompasses analysis of
the market on the basis of core solutions, which is further segmented on the
basis of web-performance optimization, media delivery, and cloud security. The
media delivery solution is growing majorly due to the rising number of internet
users especially in the emerging economies.
Video CDN is
expected to hold the largest market share
The global cloud CDN market type is segmented on the basis of
standard/non-video and Video CDN. The video CDN market held the largest market
share and is expected to maintain its dominance over the coming years. The
growing trends in Video on Demand (VoD) services globally have led to rising popularity
of video CDN across the globe.
The North
American cloud CDN market is expected to be the most lucrative market in 2016
The research study encompasses regional market analysis for North
America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA), and Latin
America along with some of the major countries in the specific regions. North
America evaluated majority of the regional market share in 2016 for the cloud
CDN market, followed by Europe.
Highest internet penetration, growing demand for uninterrupted content
delivery, large geographical land mass with remotely located internet users are
some of the major factors affecting the North American cloud CDN market to hold
the largest share. However, the market growth in the developing regions can be
attributed to the enhancements in technology.
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