Need for Efficient Bandwidth Use Will Drive the Global CDN Market Through 2019, Says Technavio

LONDON--()--According to the latest research report released by Technavio, the global content delivery network (CDN) market is expected to grow at a CAGR of over 25% until 2019.

This report titled ‘Content Delivery Network Market 2015-2019', provides an in-depth analysis of the market in terms of revenue and emerging trends. This market study also presents up to date analysis and forecasts for its leading regions, including Americas, APAC, and EMEA.

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“The vendors in the global CDN market can be categorized into pure-play vendors and non-pure-play vendors. Pure-play vendors focus solely on the CDN market and are not diversified in their interests. Non-pure-play vendors are diversified and have their presence in multiple segments, providing a range of products,” said Soumya Mutsuddi, one of Technavio’s lead industry analysts for media and entertainment research.

“Some of the leading pure-play CDN vendors are Akamai Technologies, CDNetworks, Limelight Networks, Edgecast Network, Mirror Image Internet, Tata Communications, and Internap Network Services. Some of the leading non-pure-play CDN vendors are Level 3 Communications, AT&T, BCE, Verizon Communications, and Korea Telecom,” added Soumya.

Some of the other driving forces behind the growth of the global content delivery network (CDN) market are as follows:

  • High server availability
  • Need for efficient bandwidth use
  • Faster load time
  • Efficient data traffic management

High server availability

One of the main factors that drives the demand for CDNs is the improved availability of services provided by these networks. With the use of CDNs, online assets can be distributed across diverse regions, as these networks can automatically sense the availability of servers and accordingly divert content and network traffic to these servers. With this process, content providers can offer customers an enhanced user experience by minimizing latency. Moreover, as they facilitate instant user redirection, CDNs can provide 100% server availability, even during power failures or in the event of network and hardware issues.

Need for efficient bandwidth use

With growing digital content and efficient hardware to support rich content, it has become necessary for telco operators and other content providers to provide streamlined and lag free connectivity. With the growing size of video content streamed, content service providers are opting for CDN services to optimize their bandwidth utilization. CDNs provide better channel efficiency, which in turn facilitates effective use of bandwidth to deploy the static content.

Faster load time

CDN providers have servers located in various regions to speed up transmission of data by directing it through the shortest available route, thereby significantly reducing load time. This is extremely beneficial when streaming audio and video files, as data transmission can be accomplished with minimal pauses and interruptions. Moreover, the immense growth of data traffic over the last decade has made it vitally important to minimize load time to enhance the end-user experience.

Efficient data traffic management

CDNs are highly scalable and have several servers that provide immense bandwidth capacity. Therefore, whenever there is a need to accommodate a sudden surge in Internet traffic without compromising user experience, CDNs are deployed to efficiently process data traffic.

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About Technavio

Technavio is a leading global technology research and advisory company. The company develops over 2000 pieces of research every year, covering more than 500 technologies across 80 countries. Technavio has about 300 analysts globally who specialize in customized consulting and business research assignments across the latest leading edge technologies.

Technavio analysts employ primary as well as secondary research techniques to ascertain the size and vendor landscape in a range of markets. Analysts obtain information using a combination of bottom-up and top-down approaches, besides using in-house market modeling tools and proprietary databases. They corroborate this data with the data obtained from various market participants and stakeholders across the value chain, including vendors, service providers, distributors, re-sellers, and end-users.

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Contacts

Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 630 333 9501
UK: +44 208 123 1770
www.technavio.com
media@technavio.com

Release Summary

According to the latest research report released by Technavio, the global content delivery network (CDN) market is expected to grow at a CAGR of over 25% until 2019.

Contacts

Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 630 333 9501
UK: +44 208 123 1770
www.technavio.com
media@technavio.com