Dynamic Evolution of Content Consumption Patterns Drives the Global Content Delivery Network Market, According to New Report by Global Industry Analysts, Inc.
July 24, 2014 --
San Jose, California (PRWEB) July 24, 2014
Follow us on LinkedIn The Internet, over a relatively short period of time, has evolved to transform modern life by revolutionizing computer and communication technologies. With its inherent ability to act as a broadcasting system and as a vehicle for information dissemination, the Internet brings together people, their computers, and information. The stepping stone of modern information infrastructure, the Internet today flaunts a well-developed ecosystem of infrastructure providers, network operators, resource management companies like CDNs, all tightly interlinked to provide a shared, distributed, decentralized, and connected network. The phenomenal evolutionary leap made by the Internet will continue to have a far reaching impact on civil societies and businesses. Today, the Internet is an open information infrastructure, continuously evolving and changing in sync with the developments in the IT and computer industry.
With the Internet network continuing to expand beyond the geographic boundaries of the rich and developed economies like North America and Europe, competition for finite computing and network resources will intensify. The resource crunch is particularly significant for enterprise websites, as high degree of availability and instantaneous response are essential for ensuring success of business operations. Under this scenario, although global in characteristics, access to content will increasingly be dependent on specific networks and information appliances. Under this network specific and appliance-based model of content distribution, content delivery networks will witness robust growth. The need for pervasive networking and high efficiency nomadic computing will continue to benefit demand for CDNs. The rise in the number of enterprise websites and e-commerce websites with massive volumes of content to transmit and deliver is therefore expected to benefit demand for CDNs.
Also expected to spur adoption of CDNs is the inherent drawback of the Webs centralized characteristic feature, which slows down the pace of content delivery, as the content needs to traverse long distances and across multiple backbones before reaching the destination. Further, congestion in the web, bandwidth availability that restrict usage and prevent scalability and result in loss of packet data and inferior quality of streaming will boost the need for CDNs. Content Delivery Networks (CDNs) represent an ideal solution for managing Internet service degradation, by moving the content to the edge of the Internet, and closer to the end-users.
Other factors driving growth in the market include increased penetration of broadband Internet services, launch of 3G and 4G technologies with high bandwidth capacity, growing volumes of digital data and the emergence of big data, and expanding deployment of rich-media content across sectors such as online media, enterprise and entertainment sectors. Growth is also spurred by the shift in advertising spending from conventional media to online advertising, increasing use of Internet in the enterprise sector for information exchange and communication, continuing shift of retail businesses to the Internet, and growth of online paid content such as videos, online gaming, adult and sports entertainment, and inspirational content, among others. The spread of the Internet, omnipresent use of LANS, PCs, servers, and workstations and the ensuing content management issues will spur demand for CDNs.
As stated by the new market research report on Content Delivery Network (CDN), the United States represents the largest market worldwide, while Asia Pacific ranks as the fastest growing market with a CAGR of 31.1% over the analysis period. Increasing penetration of smartphones and mobile devices and high speed Internet including fixed line broadband, 3G and 4G services and the subsequent proliferation in content consumption represent key growth drivers in the region.
Major players covered in the report include Akamai Technologies Inc., Amazon Web Services Inc., CDNetworks, ChinaCache, EdgeCast Networks Inc., Edgestream Inc., Limelight Networks Inc., Mirror Image® Internet Inc., MaxCDN, and Qualcomm Incorporated, among others.
The research report titled Content Delivery Network (CDN): A Global Strategic Business Report, announced by Global Industry Analysts, Inc., provides a comprehensive review of market trends, issues, drivers, mergers, acquisitions and other strategic industry activities of major companies worldwide. The report provides market estimates and projections in US$ for all major geographic markets including the United States, Canada, Japan, Europe (France, Germany, Italy, UK, Spain, Russia and Rest of Europe), Asia-Pacific (China, India, and Rest of Asia-Pacific), Latin-America (Brazil, Mexico and Rest of Latin America) and Rest of World.
For more details about this comprehensive market research report, please visit
About Global Industry Analysts, Inc.
Global Industry Analysts, Inc., (GIA) is a leading publisher of off-the-shelf market research. Founded in 1987, the company currently employs over 800 people worldwide. Annually, GIA publishes 1500+ full-scale research reports and analyzes 40,000+ market and technology trends while monitoring more than 126,000 Companies worldwide. Serving over 9500 clients in 27 countries, GIA is recognized today, as one of the world's largest and reputed market research firms.
Global Industry Analysts, Inc.
Web Site: http://www.StrategyR.com/
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