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Cloud Content Delivery Network (CDN) Market by Type, Core Solution, Adjacent Services, Organization Size, Vertical & Region - Global Forecast to 2021 - Research and Markets

[December 22, 2016]

Cloud Content Delivery Network (CDN) Market by Type, Core Solution, Adjacent Services, Organization Size, Vertical & Region - Global Forecast to 2021 - Research and Markets

Research and Markets has announced the addition of the "Cloud Content Delivery Network (CDN) Market - Global Forecast to 2021" report to their offering.

The Cloud Content Delivery Network market size to grow from USD 1.81 Billion in 2016 to USD 6.23 Billion by 2021, at an estimated Compound Annual Growth Rate (CAGR) of 28.0%. Major factors contributing to the growth of the cloud CDN market are growing rich media file contents, video content, increasing use of connected and smart devices, and proliferation of rich media over social sites.

The market is escalating rapidly owing to rising digitization trend and the surplus volume of video content available over the cloud. Continuous monetization of websites and apps is one of the major factors hindering the market growth.

The cloud CDN core solution market has been segmented into web performance optimization, media delivery, and cloud security. The media delivery solution is growing majorly due to the rising demand for cost-effective and augmented content delivery in a reliable way for te end-users.

APAC offers prospective growth opportunities. The major factors affecting the growth in the APAC region include the increasing consumption of cloud services, proliferation of mobile & smartphone devices, growing internet penetration, and high consumption of video over portable devices.

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