Content Delivery Network Market : Latest Innovations, Drivers and Industry Key Events 2018 - 2025 | Profiling Players Akamai Technologies, CDNetworks, Chinacache, CloudFlare, Highwinds Network Group, Internap Corporation, Level 3 Communications

The content delivery network market was valued at US$ 6084 million in 2016 and is projected to reach US$ 68,194 million by 2025, according to a new market research report Content Delivery Network Market, By Content Type (Video Content Delivery Network, Non Video Content Delivery Network), By Service Type (Telecom CDN Provider, Conventional CDN Provider, Cloud Service Provider, Others), By Core Solutions (Media Services, Web Performance, Cloud Security), By Organization Size (Small and Medium Enterprises, Large Enterprises), By End User (Advertising, BFSI, E-Commerce, Education, Gaming, Government, Healthcare, Media and Entertainment, Others), and by Geography - Global Forecast to 2025, by Coherent Market Insights.

Download PDF Brochure of Research Report: https://www.coherentmarketinsights.com/insight/request-pdf/1155

A content distribution network or content delivery network (CDN) is a system distributed network that delivers webpages or different web content data across various geographical locations. Rising demand for high-performance web services and real-time content have accelerated growth of the market for content delivery network. Moreover, increasing inclination towards mobile browsing is one of the major factors accelerating demand for CDN. Increasing mobile data traffic, increases growth of the mobile-based content, in turn, accelerating the demand for content delivery network. According to Coherent Market Insights, in 2016, the mobile data traffic grew 63 percent from 2015. In 2016, the global mobile data traffic reached 7.2 exabytes per month from 4.4 exabytes per month in 2015. By 2021, the global mobile data traffic is projected to reach up to 49 exabytes per month. Moreover, increasing number of smartphone users globally is also fueling the demand for content delivery network devices. According to Coherent Market Insights, in 2016, global mobile devices and connections reached to 8.0 billion, from which smartphones held 45 percent share, representing 81 percent of the total mobile traffic.

Growing e-commerce industry provides high growth opportunity

Growing e-commerce industry contributes to positive growth of the content delivery network market. For instance, according to India Brand Equity Foundation Organization, in 2016, e-commerce industry in India generated revenue of US$ 15 billion and is projected to reach US$ 188 billion by 2025. Moreover, increasing need for reducing loading time of web pages and uploading time of videos is fueling adoption of content delivery network technology in e-commerce companies. According to a survey conducted by Coherent Market Insights, in 2016, 47% consumers worldwide expected a web page to load in 2 seconds or less. Results of the survey revealed that Increasing website loading time results in low consumer retention on the webpage. With an increase in loading time by one second the page views reduced by 11%. This adversely affects the revenue generated by e-commerce Company. Therefore, e-commerce companies are adopting the content delivery network technology to help reduce the loading time of the webpage.

North America holds a dominant position in the market in 2016

North America held a dominant position in the market in 2016 and is projected to retain its dominance throughout the forecast period. Some of the major countries driving growth of the market in the region are the U.S. and Canada. Increasing usage of 4K content is one of the key factors driving growth of the market in the region. According to Coherent Market Insights, connected 4k televisions consumed around 3.9 GB per month in 2016, in the U.S. and is projected to reach 43.5 GB per month by 2021.

Do You Have Specific Requirement? Ask To Our Experts: https://www.coherentmarketinsights.com/insight/talk-to-analyst/1155

Key Players:
Some of the major companies in the global content delivery network market are Akamai Technologies, AT&T, Inc., CDNetworks, Chinacache, CloudFlare Inc., Highwinds Network Group, Inc., Internap Corporation, Level 3 Communications, Inc., Limelight Networks, MaxCDN, Tata Communications, and Verizon Communications, Inc.

About Coherent Market Insights:

Coherent Market Insights is a prominent market research and consulting firm offering action-ready syndicated research reports, custom market analysis, consulting services, and competitive analysis through various recommendations related to emerging market trends, technologies, and potential absolute dollar opportunity.

Contact Us:

Mr. Shah
Coherent Market Insights
1001 4th Ave,
#3200
Seattle, WA 98154
Tel: +1-206-701-6702
Email: sales@coherentmarketinsights.com

This release was published on openPR.