CDN Industry Analysis, Regional Outlook, Business Landscape and Future Prospects
In its research report, Market Research Future (MRFR), highlights that the global cloud content delivery network market
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In its research report, Market Research Future (MRFR), features that the global cloud content delivery network market 2020 is scheduled to develop altogether, getting a significant market valuation of USD 10 billion by 2023, and a sound 28% CAGR over the survey time frame.
Drivers and Restraints
Another central point driving the development of the global cloud content delivery network market are developing interest for portable applications and rising notoriety of internet business and web based shopping. High reception of cloud-based technology is one of the main considerations driving the development of the interest for network delivery of cloud content. Fusing content and rich media into the marketing effort is the pattern among associations to grab their customers' eye. Expanding consciousness of checking customer buys, revealing deals and estimating bills, is likewise driving business development. Expanding internet reception has brought about different kinds of video designs being conveyed across various stages because of the simple availability of minimal expense transfer speed. Interest for different video designs, for example, on-request video web based, live video real time, cloud TV, and Over the Top ( OTT), has ascended throughout the course of recent years and will keep on filling in the years to come. Besides, the development in the utilization of long range informal communication locales is likewise one of the vital explanations behind the upsurge in video and other rich content, like pictures, activitys, and online text. Exercises like the exchange, sharing, and posting of rich media documents, both by content suppliers and people, have expanded the weight on existing networks. Thus, the rising utilization of top quality, online recordings is the central point adding to the increment in CDN reception.
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The global cloud content delivery network market is analyzed by type, component, organization size and vertical. Based on the component, the market is bifurcated into solution and services. The solution segment is further segmented into cloud security media delivery, and web performance optimization. Whereas, the service segment is further segmented into analytics and monitoring, CDN design, cloud storage, support & maintenance and others.
Based on type, the global market is bifurcated into video content delivery network and non-video content delivery network. On the basis of organization size, the market is bifurcated into small and medium enterprises and large enterprises.
Whereas, On the basis of vertical, the market is segmented into online gaming, advertising, media & entertainment, education, e-commerce,healthcare and others.
The global business regional analysis was conducted in four major regions including Asia Pacific , North America, Europe and the rest of the world. The North American region holds the world's largest market share, followed by Europe, and the Asia Pacific region. Due to rising technological enhancements and growing popularity of GPRS and server-cloud-enabled cloud content delivery networks in the region, the US and Canada dominate the North American market. Market growth in North America is attributed to technological advances and increased adoption of mobile devices enabled by NFC services across various vertical branches of industry. The region also has a well-established infrastructure allowing for faster deployment of advanced technologies. In addition , the rising usage of NFC's activated smart and connected devices is another major factor driving the growth of the region's cloud content delivery network industry.
The major market players operating in the global cloud content delivery network market as identified by MRFR are Google, Inc. (U.S.), Akamai Technologies, Inc. (U.S.), Level 3 Communications (U.S.), Limelight Networks, Inc. (U.S.), Alcatel – Lucent SA (France), Amazon Web Services, Inc. (U.S.), Internap Corporation (U.S.), CDNetworks (Korea), Ericsson (Sweden), Verizon Communications, Inc. (U.S.), Tata Communications (India) and Highwinds (U.S.).
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Global Cloud Content Delivery Network Market: by Component (Solution, Services),Type (Video CDN, Non Video SDN), Organization Size (SMEs, Large Enterprises), Vertical (Advertising, Online Gaming,e-Commerce, Education)–Forecast to 2027
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