Global Cloud Content Delivery Network Market: Adoption in Media & Entertainment Industry to Boost Growth
A new exhaustive study titled “Cloud Content Delivery Network Market – Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2017 – 2025” has recently been added to the vast database of Market Research Reports Search Engine (MRRSE). According to the report, the global cloud content delivery network market is likely to grow at a CAGR of 25.5% during the assessment period.
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According to the report, the pervasive shift towards cloud is driving the growth of cloud content delivery networks around the globe. Although the market is still in a transformational phase, existing companies in the market are focusing on building their capabilities, especially in terms of confidentiality and privacy, to appeal to their target audience. In addition to this, the demand for cloud content delivery network is also growing on account of spike in internet activities around the world.
Although the outlook on the cloud content delivery network remains positive, challenges associated with security and privacy continue to pose challenges to widespread adoption. In the recent past, there have been many instances of data theft and hacking, which has led to loss of confidence among end-users. Strengthening of privacy infrastructure can open up opportunities for cloud content delivery network vendors during the assessment period.
The report segments the global cloud content delivery network market into vertical, core solution, type and region. The vertical segment is sub-segmented into healthcare, government, education, e-commerce, online gaming, media & entertainment, advertising and others (travel & hospitality, BFSI and IT). The core solution segment is categorized into cloud security, media delivery and web performance optimization. The type segment is further bifurcated into Video CDN and Standard/Non-Video CDN. Geographically, the market is divided into key regions globally which are North America, South America, Europe, Asia Pacific and Middle East & Africa.
According to the report, adoption of cloud content delivery networks is likely to gain traction on account of growing adoption in the media and entertainment industry. These industries have been at the forefront of adoption of cloud services, and it is highly likely that they will continue to spearhead the innovation in this landscape.
The report profiles some of the leading players operating in the market. Some of these players are Akamai Technologies, Inc., CenturyLink, Inc., Limelight Networks, Inc., CDNetworks Co., Ltd., Amazon Web Services, Inc., Google LLC, NTT Communications Corporation, Oracle Corporation, Alibaba Cloud and Cloudflare, Inc.
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