Web Performance Market Projected to Reach US$ 5.45 Billion by 2022 |Overview ,Top Technologies, Key Insights and Company Profiles

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The Global Web Performance Market is expected to grow from US$ 3.50 Billion in 2017 to US$ 5.45 Billion by 2022, at a Compound Annual Growth Rate (CAGR) of 9.2% during the forecast period. The growth of the eCommerce industry, and proliferation of images, videos, and rich media on the web are some of the factors that are expected to drive the growth of the global web performance market.

The research methodology used to estimate and forecast the web performance market size began with capturing data on the key vendor revenues through secondary sources, such as annual reports, TM Forum, International Telecommunication Union (ITU), IEEE Xplore, press releases and investor presentations of companies, and white papers, certified publications, and articles from recognized associations and government publishing sources.

“The cloud deployment type is expected to grow at a higher CAGR during the forecast period.”
The cloud computing model is one of the most effective technologies that impacts every line of business. The high cost associated with web performance solutions is one of the major challenges for solution providers; this challenge can be overcome with the help of the cloud deployment model. The advantages of cloud computing include flexibility, scalability, affordability, operational efficiency, and low cost.

“Asia Pacific (APAC) is expected to grow at the highest CAGR during the forecast period.”
The APAC region includes emerging economies such as China, Australia, Singapore, and India. Enterprises in these economies are using web performance solutions and services to streamline their business processes. The APAC region is expected to grow at the highest CAGR during the forecast period. The developing mobile and broadband infrastructure along with the growing mobile workforce is expected to offer potential growth opportunities for web performance vendors in the APAC region. On the other hand, North America is estimated to have the largest market size in the web performance market in 2017.

The breakup of the profiles of the primary participants is given below:
• By Company: Tier 1 – 20%, Tier 2 – 45%, and Tier 3 – 35%
• By Designation: C-Level – 51%, Director Level – 43%, and Others – 6%
• By Region: North America – 41%, Europe – 26%, APAC – 28%, and Rest of the World (RoW)–5%

Study Objectives:
The Web Performance Market report aims at estimating the market size and growth potential of the market across different segments: components (solutions and services), organization size, deployment types, verticals, and regions. The primary objective of the report is to provide a detailed analysis of the major factors (drivers, restraints, opportunities, industry-specific challenges, and recent developments) influencing the market growth, analyze the market opportunities for stakeholders, and offer details of the competitive landscape to the market leaders.

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Top Key Players in the “Web Performance Market” include are Akamai (US),CA Technologies (US),Cavisson (US),CDNetworks(Korea),Cloudflare (US),Dynatrace (US),F5 Networks (US),IBM (US),Micro Focus (UK),Netmagic (India),Neustar (US),New Relic (US),ThousandEyes (US),ZenQ (US).

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