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Content Delivery Network Market - What are the main factors that contributing towards industry growth?

Author : Ronak Bora | Published Date : 2019-04-04 

Global Market Insights, Inc. provides a detailed overview of Content Delivery Network Market with respect to the pivotal drivers influencing the revenue graph of this business sphere. The current trends of market in conjunction with the geographical landscape, demand spectrum, remuneration scale, and growth graph of this vertical have also been included in this report.

North America dominates the Content Delivery Network Market due to the high internet penetration and the adoption of smartphones and social media. Furthermore, the increasing need to optimize the live delivery and loading of the content is also estimated to foster the growth of the market. Asia Pacific is estimated to grow at a high rate owing to the rising digitalization and commercialization. Moreover, the increasing demand for on-demand videos and live streaming solutions are also anticipated to fuel the demand for CDN market in the region.

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Content Delivery Network Market is growing due to the increase in the need for live and on-demand video loading and delivery. CDN enhances the network performance by maximizing the network bandwidth, content replication, and improving accessibility. CDN also provides fast and reliable applications and services by distributing content to edge servers that are positioned close to end users.

Company profiled in this report based on Business overview, Financial data, Product landscape, Strategic outlook & SWOT analysis:

  • Amazon Web Services
  • Akamai
  • Google
  • Limelight Communications
  • Level 3 Communications Verizon
  • Stackpath
  • CDNetworks
  • Internap
  • TATA Communications

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The growth of the Content Delivery Network Market is driven by the increasing applications in the end-user industry. Major end users are BFSI, media & entertainment, retail, education, healthcare, and government. The media and entertainment sector is estimated to be the dominating end user of the market. Media companies are leveraging the capabilities of CDN, such as web performance optimization, cloud security, and media delivery capabilities, for delivering the content to end users to ensure a flawless viewing experience. Furthermore, the growing demand for the CDN among media and entertainment sector is attributed to the growing demand for live video streaming and on-demand video content.

Browse Full Report: https://www.gminsights.com/industry-analysis/content-delivery-network-cdn-market

Major vendors of the Content Delivery Network Market are Amazon Web Services, Akamai, Google, Limelight Communications, Level 3 Communications Verizon, Stackpath, CDNetworks, Internap, TATA Communications, etc. Mergers & acquisitions, collaborations, partnerships, product launches, R&D investments, and geographical expansion are the common strategies used by the market players to expand their product portfolio and gain market share. 

About Author

Ronak Bora

Ronak Bora

A graduate in Electronics Engineering, Ronak writes for Fractovia.org and carries a rich experience in digital marketing, exploring how the online world works from a technical and marketing perspective. His other areas of interest include reading, music, and sport. He can be contacted at- [email protected] | https://twitter.com/RonakBora26

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