CDNs Ride High on the Need to Circumvent the Threat of “World Wide Wait” & Ensure Rapid Movement of Content to Effectively Service the Expanding Internet Community
Growing internet community and focus
shed on quality-of-service (QoS) of internet based services, website and
application loading performance against a backdrop of reduced customer
tolerance to latency are poised to drive
the global market for Content Delivery Network (CDN) to reach
US$34 billion by 2024.
Massive digital data creation has put a
heavy load on the Internet and there is increased focus being shed on improving
internet performance and scalability via technologies like distributed caching
for better load sharing and reduced latency.
A CDN in this regard provides advantages in the form of reduced server load,
reduced latency, and distributed network traffic. The rise in the number of
enterprise websites and e-commerce websites with massive volumes of content to
transmit and deliver is therefore expected to benefit demand for CDNs. Also,
expected to spur adoption of CDNs is the inherent drawback of the Web’s
centralized characteristic feature, which slows down the pace of content
delivery, as the content needs to traverse long distances and multiple
backbones before reaching the destination. Further, unreliability emanates from
congestion in the web or backbone network. Problems are also faced due to
bandwidth availability that restrict usage and prevent scalability, resulting
in loss of packet data, inferior quality of streaming, and congestion.
Other factors driving growth in the CDN
market include increased penetration of broadband Internet services, launch of
3G and 4G technologies with high bandwidth capacity, growing volumes of digital
data and the emergence of big data, and expanding deployment of rich-media content across sectors such as online media, enterprise and entertainment
sectors. Growth is also spurred by the shift in advertising spending from
conventional media to online advertising, increasing use of internet in the
enterprise sector for information exchange and communication, continuing shift
of retail businesses to the Internet, and growth of online paid content such
as, videos, online gaming, adult and sports entertainment, and inspirational
content, among others. The spread of the Internet, omnipresent use of LANS,
PCs, servers, and workstations and the ensuing content management issues will
spur demand for CDNs.
A key noteworthy trend in the market is
the disruptive rise of artificial intelligence (AI) to optimize CDN security, caching and performance. AI
has the potential to vastly improve the caching platforms, replace caching
engineers and automate the caching process in CDN. AI also has the potential
for Protocol Optimizations including TCP/IP and UDP optimizations that are
vital for CDNs. AI and machine learning can be used to predict viewing patterns
and eliminate buffering issues by ensuring automatic download of content
through the use of a high-speed Wi-Fi connection. Other equally important trends
in the market include growing popularity of multi-CDN strategy; growing
commercial value of Edge Security CDNs given their supplemented additional
features and functions such as web application firewalls (WAFs), distributed
denial-of-service (DDoS) protection, and bot mitigation; rise of WAN Access
over CDN as a new generation unified architecture that integrates WAN into as
Cloud-based CDN infrastructure. In the coming years, WAN Access over CDN will overtake conventional Multiprotocol Label Switching (MPLS) which
is currently the gold standard for high-quality managed wide area networks
(WAN).
As stated by the new market research
report on Content Delivery Network (CDN), the United States represents the largest market
worldwide, being the busiest internet hub with a large number of web servers.
Asia-Pacific ranks as the fastest growing market with a CAGR of 42% over the
analysis period led by factors such as rapidly developing internet
infrastructure; high cloud readiness index of developing Asian economies;
growing popularity of digital forms of entertainment among the growing base of
affluent middle class population; and growing internet access through mobile
devices and the resulting need for accelerating content delivery in mobile
networks.
Major players in the market include Akamai
Technologies, Inc., Amazon Web Services Inc., Arkena, Aryaka Networks, AT&T
Inc., BitGravity, Inc., CacheNetworks, LLC, CDNetworks, CDNvideo, CenturyLink,
ChinaCache, CloudFlare, Comcast Technology Solutions, Deutsche Telekom A.G.,
Fastly, Inc., Google Inc., Imperva Incapsula, Instart Logic Inc., Limelight Networks,
Inc., Microsoft , Nokia, NTT Communications Corporation, Qwilt, StackPath, LLC
, Verizon Digital Media Services, and Wangsu Science & Technology among
others.
The
research report titled “Content Delivery Network
(CDN): A Global Strategic Business Report” announced by Global Industry Analysts Inc., provides a
comprehensive review of market trends, issues, drivers, mergers,
acquisitions and other strategic industry activities of global companies. The report provides market estimates and
projections for all major geographic markets such as the U.S., Canada, Japan,
Europe (France, Germany, Italy, UK, Spain, Russia and Rest of Europe),
Asia-Pacific (China, India, and Rest of Asia-Pacific), Latin America (Brazil,
Mexico, and Rest of Latin America) and Rest of World. Product segments analyzed
in the report include Edge Security, WAN Access over CDN and Caching &
Streaming.
For cutting edge analyst reviews on top industries
Follow us on Twitter;
Connect with us on LinkedIn; Follow us on Medium
Comments
Post a Comment