A worldwide distributed web server’s network, which ensures quick delivery of content. It enhances user experience along with effective use of network resource. Number of end users like e-commerce vendors, media companies, pay Content Delivery Network operators to convey their content to consumers. CDN players such as AT&T Inc, Akamai Technologies, Highwinds Network pays ISP and carrier network operators for hosting server in their data centres.
CDN Growth Drivers
Expansion of the market is particularly attributed to rising consumption of rich media content, enhancing broadband infrastructure, increasing consumption of connected devices, increasing deployment of IoT as well as rentation of online consumers. Moreover, rising IP traffic across the world is also propelling the demand for content delivery network.
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Applications of CDN
CDN have largest application area into software and media distribution/delivery and website catching. Among these application, media distribution/delivery segment is anticipated to showcase largest revenue growth, followed by website catching segment throughout the forecast period.
Service Provider Type
The market by service provider type has been segmented into conventional CDN and telecom CDN. The conventional segment is anticipated to reflect alarming growth rate between forecast period.
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The CDN provides services such as testing, deployment service, designing, consulting service, managed service, software-as-a-service (SaaS). The SaaS segment is projected to retain its dominance throughout the forecast period, in terms of revenues.
Based on end-use, the industry has been segmented into ISP, e-commerce, government & education, healthcare, media & entertainment, advertisement and gaming. From all segments, the media & entertainment segment is anticipated to exhibit highest growth rate. The e-commerce segment is likely to procure second position in the market.