Growing demand for rich video content, among the increasing online users, and the trend of digitization in organizations across the end-user verticals boost the overall CDN market demand.

- According to Cisco’s visual networking index, IP video is projected to have 79% of the online traffic, by 2018. This suggests the growing trend of online video services. Online gaming is one of the major areas where CDN is gaining prominence. Gaming companies are increasingly investing in CDN to deliver high-quality content for ensuring a better user experience.

- With an increase in usage of the internet and smart devices, an enormous amount of data is being generated on a daily basis, which needs to be smartly managed. Web-performance-optimization solutions are aimed at reducing latency. The success of these solutions will increase the demand from major retailers, and the media and entertainment industry.

 Free Sample report for this report is available :- https://www.statzyreports.com/report/sr498083/content-delivery-network-cdn-market


Key Market Trends

Media Delivery is Expected to Have a Significant Market Share

- The total world population using the internet stands at 56.3%, which is responsible for the growing online content. The advent of 4K/UHD televisions, high-definition content supporting smart gadgets, and improving connectivity are raising the expectations of the viewers for high-quality content.

- Many media organizations are making a transition toward digital distribution model. These transitions present a great market opportunity for CDN vendors. CDN vendors are increasingly focusing on the techniques for web performance optimization, to cater to the mobile and dynamic content requirements.

- The amount of mobile traffic for media-related services accounted for about 45%, which is further expected to increase. The need for content to be mobile-compatible is expected to increase, owing to the expected growth of consumed data to about 4.5 GB per month, which is currently at 900 MB on average.

- The data volume of CDN is increasing due to the advent of peer-to-peer technology (p2p), 5G, wearable devices, IoT, virtual reality, augmented reality, and advancing technological innovation.

North America Holds the Largest Share in Content Delivery Network Market

- North America has a high internet penetration rate, which is expected to aid the growth of content in the region. With the presence of the market leaders and early adoption of technologies across various end-user verticals, North America stood as the leading regional market and is expected to continue its dominance, over the forecast period.

The number of viewers for online gaming content has also been increasing consistently. The growth of gaming video content is further contributing to the growth of CDN around the world.

- In the United States, the usage of Paytv has also been reducing. An increasing number of consumers have been identified to prefer online media content to Paytv. Off late, cord-cutting has been accelerating and about 22.2 million cord-cutting are expected to be done in the coming years, emphasizing the shift toward on-demand content.


Competitive Landscape

The content delivery network is highly fragmented due to companies have benefits, such as improved accessibility to increase mobile content delivery, storage, and accessibility. With new technological innovations in the world, the scope of entering into CDN market is quite exciting. Some of the key players in the market are Amazon Web Services Inc., Akamai Technologies Inc., Google LLC., Verizon Digital Media Services (Oath Inc.), Limelight Networks Inc., Tata Communications. These players are constantly innovating and upgrading their product offerings to cater to the increasing market demand.

- February 2019 - Amazon's cloud arm Amazon Web Services (AWS) expanded its presence in India with two new Edge locations for its Amazon Cloud Front and AWS Direct Connect offerings in Hyderabad and New Delhi.

- May 2018 - Akamai Technologies Inc. released the new Akamai Connector for Salesforce Commerce Cloud. Commerce Cloud enables brands to provide personalized experiences for shoppers that span web, mobile, social, and in-store.

- April 2018 - Edgemesh Inc. launched Edgemesh 2.0, the second generation adaptive, decentralized edge delivery system that facilitates content distribution and security, across the internet.

Reasons to Purchase this report:

- The market estimate (ME) sheet in Excel format
- 3 months of analyst support

 For sample report please visit : https://www.statzyreports.com/report/sr498083/content-delivery-network-cdn-market
Contact Us:
Poojan Dogra
Public Relations Manager
Email : [email protected]
Email : [email protected]
(IN) - +918484035727
(US) - +1415-871-0483
Website : www.statzyreports.com