HOME › Research Insight › The Prominent Players in this Market are Akamai Technologies, Inc. (Cambridge, U.S.), Google, Inc. (California, U.S.), Content Delivery Network (CDN) Market
The Prominent Players in this Market are Akamai Technologies, Inc. (Cambridge, U.S.), Google, Inc. (California, U.S.), Content Delivery Network (CDN) Market
Content Delivery Network (CDN) operates as application service provider and assists in multimedia delivery, caching, and accessibility of files. It is a network of servers which delivers content to users from websites as per the geographic location of users. MarketsandMarkets forecasts the market size to grow from USD 6.05 billion in 2016 to USD 23.2 billion by 2021, at a Compound Annual Growth Rate (CAGR) of 30.9%. Increasing volume of data traffic as well as the growing video streaming over the internet are some of the major factors responsible for driving the growth of the CDN market.
The prominent players in this market are Akamai Technologies, Inc. (Cambridge, U.S.), Google, Inc. (California, U.S.), Level 3 Communications (Colorado, U.S.), Limelight Networks, Inc. (Arizona, U.S.), Amazon Web Services, Inc. (Washington, U.S.), Internap Corporation (Georgia, U.S.), Verizon Communications, Inc. (New York, U.S.), CDNetworks (Seoul, Korea), Tata Communications (Mumbai and Singapore), and Highwinds (Florida, U.S.). The key innovators identified are Cedexis (U.S.), Incapsula, Inc. (California, U.S.), Fastly, Inc. (U.S.), CacheFly (Chicago, U.S.), MaxCDN (U.S.), and CloudFlare, Inc. (U.S.).
Players in this market have adopted numerous approaches to achieve growth. Many players adopted the strategies of business expansion, product launch, mergers, acquisitions, and partnerships to expand to untapped markets
Akamai Technologies, Inc. was founded in 1998 and is headquartered in Cambridge, Massachusetts, U.S. It offers media content delivery solutions to execute media distribution strategies. It supports distribution strategies, such as downloads and adaptive delivery solutions for streaming content in various streaming formats. It provides application delivery and web performance solutions to accelerate business-to-consumer websites and to enhance the delivery of applications and cloud security solutions to deliver content and applications over the internet. Akamai is expanding its product portfolio to maintain its position in the market. . For instance, in 2016, Akamai launched predictive content delivery solutions to provide instant video start-up on mobile devices.
Akamai Technologies serves financial services, healthcare & life sciences, manufacturing, software & technology, public sector, gaming, and media & entertainment sectors. It has majorly adopted the strategy of acquisition to complement its video and media delivery solutions such as Octoshape, FastSoft, and Velocious Networks, which helped Akamai to optimize its digital media delivery. Its solutions majorly focus on digital media, content delivery, software & application distribution, storage, and other cloud & internet-based offerings.
Limelight Networks, Inc. was established in 2001 and is headquartered in Tempe, Arizona, U.S. Limelight Networks is a digital presence management company that provides CDN, platform & infrastructure services, and integrated cloud-based applications. It allows users to manage and deliver digital content on any device from anywhere. It has its geographical presence in North America, EMEA, and APAC.
Limelight Networks focuses on its CDN business to deliver advanced internet experience to the online audience. Its Orchestrate Digital Presence Management platform is an integrated solution of cloud-based Software as a Services application for business entities to improve their online presence across web, mobile, social, and other channels. It offers Limelight Orchestrate, Limelight suite, and upgraded Limelight Video Platform (LVP) and Limelight Dynamic Site Platform (LDSP) with the ability to publish videos across multiple online and mobile sites. The company keeps upgrading its products to offer a complete package to its customers. For instance, in September 2016, the company added Limelight Web Application Firewall (WAF) security service to its portfolio and this service has been integrated into the company’s CDN solution.
Content Delivery Network (CDN) Market by Type (Standard/Non-video and Video), Core Solution (Web Performance Optimization, Media Delivery, and Cloud Security), Adjacent Services, Service Providers, and Region - Global Forecast to 2021
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