Cloud Content Delivery Network Market 2019 – Industry Challenges, Key Vendors, Drivers, Trends, Segmentation, Application, Technology and Analysis Report Forecast to 2023

The report on the global Cloud Content Delivery Network Market covers historical market trends, current market dynamics, market valuation by segmentation as well as region, country-level analysis for every segment, key player's market share analysis, competitive landscape and supply chain analysis.

Pune, India - July 16, 2019 /MarketersMedia/ —

The cloud content delivery network market is growing rapidly, mainly due to the increasing demand for mobile applications and the growing popularity of e-commerce. Online shopping is trending nowadays, in turn, driving the growth of the cloud content delivery network market, globally. Moreover, factors such as increasing awareness regarding tracking customer transactions, recording sales, and calculating bills are escalating the market on the global platform.
According to Market Research Future (MRFR), the global cloud content delivery network market will reach approximately USD 10 BN by 2023, registering a whopping double-digit CAGR over 28 % throughout the assessment period (2017 – 2023). Rising number of internet users worldwide and the high adoption of cloud-based technologies are boosting the growth of the market.
Cloud content delivery network helps in avoiding network traffic jams and decreases latency by keeping data closer to the users, which provides cost-effective turbo boost. Additionally, a highly distributed cloud content delivery network also enables enterprise IT administrators to reduce the costs and complexity of delivering superior video content to the consumers.
The proliferation of smart connected devices and high-speed internet connectivity, alongside, the expanding use of video content is providing a huge impetus to the growth of the market. Moreover, factors such as the increasing number of cloud-based applications and professional expertise of digitization are commutatively driving the market growth.

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Major Players:
Players leading the cloud content delivery network market include Google, Inc. (US), Akamai Technologies, Inc. (US), Level 3 Communications (US), Amazon Web Services, Inc. (US), Limelight Networks, Inc. (US), Alcatel – Lucent SA (France), Verizon Communications, Inc. (US), Internap Corporation (US), Ericsson (Sweden), Tata Communications (India), CDNetworks (Korea), and Highwinds (US), among others.

The report segments the market into five key dynamics to widen the scope of understanding,
By Component: Solution (media delivery, cloud security, and web performance optimization) and Services (analytics & monitoring, cloud storage, CDN design, support & maintenance, and others).
By Type : Video Content Delivery Network (Video CDN) and Non-Video Content Delivery Network (Non Video SDN)
By Organization Size: Small & Medium Enterprises (SMEs) and Large Enterprises.
By Vertical: Advertising, Online Gaming, e-Commerce, Education, Media & Entertainment, and Healthcare, among others.
By Region: Asia Pacific, North America, Europe, and the Rest-of-the-World.

Regional Analysis
The North American region would retain its dominance over the global Cloud Content Delivery Network Market. Technical advancements, along with the proliferation of the internet and the cloud platforms drive the market growth in the region. Large technological advancements and increased adoption of mobile devices have enabled the cloud content delivery network market in the region to witness substantial accruals.
The US and Canada, backed by the rising technological enhancements and the increasing popularity of GPRS and server-cloud, enabled cloud content delivery networks propel the growth in the regional market, majorly. A well-established infrastructure in the region impacts the market growth positively, allowing faster implementation of advanced technologies. Additionally, the growing use of smart and connected devices is another major factor propelling the regional market growth.
The cloud content delivery network market in the European region accounts for the second-largest market, globally. Owing to the growing markets in Germany, the UK, France, and Italy are expected to show immense growth over the forecast period. The increasing adoption of on-demand cloud services is key factor driving the market demand in the region.
The Asia Pacific cloud content delivery network market is emerging as a promising market, globally. Rapidly developing countries, including China, Japan, and India, are in turn, offering substantial growth opportunities for the cloud content delivery network market.

Competitive Analysis
The cloud content delivery network market appears to be well-established due to the presence of several large and small players. Matured players incorporate strategic initiatives such as collaboration, acquisition, product launch, and expansion to gain a competitive advantage in this market. Market players emphasize on innovation and development of new processes, which, in turn, fuel the already intensified market competition. The market demonstrates high growth prospect that attracts several new entrants to the market, further intensifying the market competition.

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Industry/ Innovation/ Related News
July 01, 2019 --- LiveArea (the US), a leading global commerce services provider and business unit of PFSweb, announced the launched of its new business unit FastTrack Commerce, a proprietary of LiveArea.
FastTrack Commerce is a B2B solution that can be deployed without taking much time and it delivers technology and services for cost-effective, rapid implementation of SAP Commerce Cloud. It can reduce implementation time by up to 40% and can dramatically decrease on-boarding time for business accounts.
FastTrack Commerce can bring together all the essential elements businesses need to start B2B eCommerce solution built on SAP’s industry-leading commerce technology. Prebuilt integrations deliver capabilities can address the requirements of today’s online B2B buyers and sellers, including catalog information and content delivery network.

Table1 Global Cloud Content Delivery Network Market: By Region, 2017-2023
Table2 North America Cloud Content Delivery Network Market: By Country, 2017-2023
Table3 Europe Cloud Content Delivery Network Market: By Country, 2017-2023
Table4 Asia-Pacific Cloud Content Delivery Network Market: By Country, 2017-2023
Table5 Middle East & Africa Cloud Content Delivery Network Market: By Country, 2017-2023

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FIGURE 1 Global Cloud Content Delivery Network Market Segmentation
FIGURE 2 Forecast Methodology
FIGURE 3 Five Forces Analysis Of Global Cloud Content Delivery Network Market
FIGURE 4 Value Chain Of Global Cloud Content Delivery Network Market
FIGURE 5 Share Of Global Cloud Content Delivery Network Market In 2017, By Country (In %)

About Market Research Future:
At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.
MRFR team have supreme objective to provide the optimum quality market research and intelligence services to our clients. Our market research studies by Components, Application, Logistics and market players for global, regional, and country level market segments, enable our clients to see more, know more, and do more, which help to answer all their most important questions.
In order to stay updated with technology and work process of the industry, MRFR often plans & conducts meet with the industry experts and industrial visits for its research analyst members

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Organization: Market Research Future

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Source: MarketersMedia

Release ID: 88896975

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