content delivery network is expected to increase at a CAGR of 20.5% during the forecast period 2016-2026
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On the basis of application, delivery/distribution segment holds the leading share, and is anticipated to increase at 21.0% in 2016. Website caching, on the other hand, is expected to witness a year-over-year growth of 19.8% in 2016 over 2015.
On the basis of service provider, the global market is primarily segmented into conventional CDN and telecom CDN. Based on popularity and functionality, the conventional CDN segment is preferred by end-users, with this segment expected to account for 74.6% revenue share of the market in 2016.
On the basis of service type, the global market is expected to be dominated by Software-as-a-Service (SaaS) service type. This segment accounted for a revenue share of 54.2% in 2015, and is expected to maintain its dominance in 2016 and beyond.
Media & entertainment will remain the largest end-use segment of content delivery network market in 2016, growing at a year-over-year growth of 23.2%. Content delivery network remains an effective medium in the media & entertainment sector, with further growth and innovation expected in the near future.
In addition to North America, Asia Pacific excluding Japan (APEJ) is a highly lucrative market for content delivery network providers. This market is anticipated to increase at 21.8% to reach 703.3 Mn in revenues in 2016.
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Key participants of in the global content delivery network market include Level 3 Communications, Inc., Limelight Networks Inc., CloudFlare, Inc., Akamai Technologies Inc., Orange S.A., CDNetworks Co., Ltd., MaxCDN Enterprise, AT&T Inc., Amazon CloudFront and Highwinds Network Group, Inc.
Long-term Outlook: The global content delivery network is expected to increase at a CAGR of 20.5% during the forecast period 2016-2026.
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