Global Content Delivery Networks (CDN) Market Expected To Reach $7.4 Billion by 2017 According to a new market research report, “Global Content Delivery Networks (CDN) Market (Delivery Technologies, Hardware, Analytics, Monitoring, Encoding, Transparent Caching, DRM, CMS, OVP) – Trends, Geographical Analysis & Worldwide Market Forecasts (2012 – 2017)”, the total CDN market is expected to reach $7.4 billion by 2017 with a CAGR of 24.6%. Browse 93 market tables and in-depth TOC on “Global Content Delivery Networks (CDN) Market (Delivery Technologies, Hardware, Analytics, Monitoring, Encoding, Transparent Caching, DRM, CMS, OVP) – Trends, Geographical Analysis & Worldwide Market Forecasts (2012 – 2017)”. http://www.marketsandmarkets.com/Market-Reports/content-delivery-networks-cdnmarket-657.html
Over the last decade, the internet had exhibit utmost growth and trend-change over use of online content. The ever-evolving internet has resulted in growing internet traffic, content richness and the network complexities to manage efficient content delivery to user. To counter these internet limitations and content delivery drawbacks, CDNs have evolved. Content delivery networks have emerged as one of the most lucrative markets for the existing players as well as for new market players. Rapid explosion of web-based content mainly online music, online video, online transaction-based services have spurred the demand for CDNs. Online content is growing at a rapid rate from content provider businesses as well as from individuals who have started posting or uploading their content online to share with their peers. As the internet traffic load increases, it becomes difficult to manage this growth in traffic and provide quality of service to the end-user. Due to the increasing demand for quality of services, new players have entered into this market with their network optimization solutions. With this increase, competition has intensified. Content providers have to clearly differentiate their products among other CDN providers for achieving better adoption among users. The global Content Delivery Network Market is expected to grow from $2.1 billion in 2011 to $7.4 billion by 2017, at estimated CAGR of 24.6% from 2012 to 2017.
North America commanded the largest share; i.e., 64.3% of the overall managed Content Delivery Network Market in 2011 at $1.3 billion; and is expected to reach $4.6 billion by 2017, at a CAGR of 24.1% from 2012 to 2017. About MarketsandMarkets MarketsandMarkets is a global market research and consulting company based in the U.S. We publish strategically analyzed market research reports and serve as a business intelligence partner to Fortune 500 companies across the world. MarketsandMarkets also provides multi-client reports, company profiles, databases, and custom research services. They cover thirteen industry verticals, including advanced materials, automotives and transportation, banking and financial services, biotechnology, chemicals, consumer goods, energy and power, food and beverages, industrial automation, medical devices, pharmaceuticals, semiconductor and electronics, and telecommunications and IT. We at MarketsandMarkets are inspired to help our clients grow by providing apt business insight with our huge market intelligence repository. Contact: Mr. Rohan North - Dominion Plaza, 17304 Preston Road, Suite 800, Dallas, TX 75252 Tel: +1-888-6006-441 Email: email@example.com MarketsandMarkets Blog