Content Delivery Network Market to expand at a CAGR of 20.5%, by 2020
The global content delivery network market is anticipated to grow at a year-over-year rate of 19.9% in 2016 and reach US$ 5,898.9 Mn in revenues. North America will continue to be the largest market for content delivery network, with total revenues in the region expected to grow at 21.3% in 2016. Existence of a strong channel of U.S. based content delivery network providers and high awareness on its benefits among end-users will continue to propel the growth of the content delivery network in North America.
The global content delivery network market is anticipated to grow at a year-over-year rate of 19.9% in 2016 and reach US$ 5,898.9 Mn in revenues. North America will continue to be the largest market for content delivery network, with total revenues in the region expected to grow at 21.3% in 2016. Existence of a strong channel of U.S. based content delivery network providers and high awareness on its benefits among end-users will continue to propel the growth of the content delivery network in North America.
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<strong>Content</strong> <strong>Delivery</strong> <strong>Network</strong> <strong>Market</strong><br />
On the basis <strong>of</strong> service provider, the global market is primarily segmented in<strong>to</strong> conventional CDN and<br />
telecom CDN. Based on popularity and functionality, the conventional CDN segment is preferred <strong>by</strong> endusers,<br />
with this segment expected <strong>to</strong> account for 74.6% revenue share <strong>of</strong> the market in 2016.<br />
On the basis <strong>of</strong> service type, the global market is expected <strong>to</strong> be domin<strong>at</strong>ed <strong>by</strong> S<strong>of</strong>tware-as-a-Service (SaaS)<br />
service type. This segment accounted for a revenue share <strong>of</strong> 54.2% in 2015, and is expected <strong>to</strong> maintain its<br />
dominance in 2016 and beyond.<br />
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Media & entertainment will remain the largest end-use segment <strong>of</strong> content delivery network market in<br />
2016, growing <strong>at</strong> a year-over-year growth <strong>of</strong> 23.2%. <strong>Content</strong> delivery network remains an effective medium<br />
in the media & entertainment sec<strong>to</strong>r, with further growth and innov<strong>at</strong>ion expected in the near future.<br />
In addition <strong>to</strong> North America, Asia Pacific excluding Japan (APEJ) is a highly lucr<strong>at</strong>ive market for content<br />
delivery network providers. This market is anticip<strong>at</strong>ed <strong>to</strong> increase <strong>at</strong> 21.8% <strong>to</strong> reach 703.3 Mn in revenues in<br />
2016.
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