Global Content Delivery Network (CDN) Market 2017-2021
About Content Delivery Network
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.
Technavio’s analysts forecast the global content delivery network market to grow at a CAGR of 29.66% during the period 2017-2021.
Covered in this report
The report covers the present scenario and the growth prospects of the global content delivery network market for 2017-2021. To calculate the market size, the report presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources.
The market is divided into the following segments based on geography:
Technavio Announces the Publication of its Research Report – Global Content Delivery Network Market 2017-2021
Technavio recognizes the following companies as the key players in the global content delivery network market: Akamai Technologies, CDNetworks, CloudFlare, Level 3 Communication, Limelight, and MaxCDN.
Other Prominent Vendors in the market are: 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, and Telstra.
Commenting on the report, an analyst from Technavio’s team said: “One trend in market is increasing development of content delivery clouds. In the past five years, there has been a gradual shift from the use of traditional CDNs to cloud-based CDNs. Content delivery clouds improve delivery service capabilities of web applications and storage. They also provide access to numerous specialized services.”
According to the report, one driver in market is high server availability. One of the main factors that drive the demand for CDNs is the improved availability of services provided by these networks. Online assets can be distributed across diverse regions through CDNs. This is because these networks can automatically sense the availability of servers and accordingly divert contents and, thus, network traffic to these servers. The process provides customers with an enhanced user experience by minimizing the latency. Moreover, as they facilitate instant user redirection, CDNs can provide 100% server availability, even during power failures or when network and hardware issues are encountered.
Further, the report states that one challenges in market is high price of CDN solutions. The main challenge faced by vendors in the global CDN market is the high prices associated with CDN solutions. CDN services are usually provided by third-party vendors, which generally charge high fees for the services that they offer. For instance, video traffic, which is expected to drive the overall growth of the Internet in the coming years, requires huge resources but provides a low profit margin. Video content is volatile, fluctuating in demand and supply, delays the return on investment to the provider, and needs plenty of network resources but at low profit margins. The desired features of CDN solutions, including scalability, compatibility, and performance make them expensive, with providers also having to bear the high expense of maintenance. With this high expense, only big players can survive in this market, and other players must restrict their business to a regional level to reduce costs.
Akamai Technologies, CDNetworks, CloudFlare, Level 3 Communication, Limelight, MaxCDN, 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, and Telstra.