TMCnet News
Latin America Content Delivery Network Market Research Report. By Solution, Service Provider Type, End User, Vertical, Geography - Forecasts to 2021LONDON, Sept. 6, 2016 /PRNewswire/ -- The Latin America content delivery network market is estimated to grow at a CAGR of 19.1% during the forecast period 2016 to 2021. The market has been broadly classified based on solution, service provider type, end user, vertical, and geography. In terms of vertical, the media, entertainment & gaming vertical is estimated to account for the largest share of 43.4% in the Latin America content delivery network market in 2016. This vertical is expected to grow at the highest CAGR of 20.4% during the forecast period. There have been significant transformations in the functioning of businesses owing to the increased deployment of IT systems in varied organizations. Utilization of IT systems in an organization not only enhances flexibility of the business functionality, but also improves its productivity. This results in the increased usage of internet in various business activities, thereby encouraging widespread adoption of CDN by various companies. CDN is adopted by organizations to deliver their business content to varied end users, as well as to carry out their internal business operations. It is considered to be important for improving efficiency of businesses and ensuring their growth. The Latin American region is a potential market for CDN in media, entertainment & gaming, and e-commerce, retail & consumer goods verticals. The Latin America content delivery network market is in its growth phase. However, the growth of this market in several countries in Latin America is mainly restrained due to the lack of advanced technologies in CDN, along with budget constraits. Akamai Technologies (U.S.), Level 3 Communications, LLC (U.S.), Limelight Networks, Inc. (U.S.), Internap (U.S.), Highwinds Network Group, Inc. (U.S.), CDNetworks (Korea), and Amazon Web Services (U.S.) are the key players operational in the Latin America content delivery network market. These companies focus on delivering reliable content at high speed, providing improved quality of experience (QoE) and quality of service (QoS), and expanding their customer base. Reasons to Buy the Report: Download the full report: https://www.reportbuyer.com/product/3891963/ For more information: To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/latin-america-content-delivery-network-market-research-report-by-solution-service-provider-type-end-user-vertical-geography--forecasts-to-2021-300323255.html SOURCE ReportBuyer |