HOME Research Insight Akamai (US) and Google (US) are the Prominent Players in the Content Delivery Network Market

Akamai (US) and Google (US) are the Prominent Players in the Content Delivery Network Market

The Content Delivery Network (CDN) market is growing at a significant rate, owing to the increased responsiveness toward effective content delivery and security of the content. The global CDN market size is estimated to be USD 7.47 Billion in 2017 and is projected to reach USD 30.89 Billion by 2022, growing at a Compound Annual Growth Rate (CAGR) of 32.8% during the forecast period.

The prominent players in the CDN market are Akamai (US), Google (US), Level 3 Communications (US), Limelight Networks (US), Amazon Web Services (US), Internap (US), Verizon (US), CDNetworks (Korea), Tata Communications (India and Singapore), and StackPath (US). The key innovators identified are Cedexis (US), Incapsula (US), Fastly (US), CacheFly (US), and Cloudflare (US).

The players in the CDN market have adopted various strategies to expand their global presence and enhance their market shares. Key players, such as Akamai (US), Level 3 communication (US), Amazon Web Services (US), and StackPath (US) have adopted partnerships, collaborations, new product launches, and acquisitions strategies to expand their presence in the CDN market. The market has also witnessed many acquisitions. For instance, Highwinds, one of the key players in the global CDN market, was acquired by StackPath in 2017. Through this acquisition, StackPath has strengthened its position to serve large enterprises and has enriched its CDN product portfolio. StackPath had also acquired MaxCDN, another key player in the CDN market to capture both small and large enterprise customers.  

Akamai 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. The company also offers cloud performance solutions to enhance the delivery of applications, cloud security solutions, and cloud-based services that are used by enterprises to deliver content and applications over the internet to their stakeholders. In October 2017, Akamai announced its plans to acquire Nominum. Nominum is known for its DNS and enterprise security solutions for carriers, and this acquisition is aimed to boost Akamai’s carrier portfolio for security.

Google is a global internet services provider and has over 70 offices in more than 40 countries. Google’s core search engine is the market leader in online search domain. Google formed partnerships with many major players in the CDN market to offer CDN capabilities to customers spread across the globe. In June 2017, Google partnered with Nutanix to give hybrid cloud capabilities to its cloud platform along with Nutanix Enterprise Cloud. Google also partnered with Cloudflare and TripleLift to offer the best mobile web experience to its users and accelerate the loading of ads.

Related Reports:

Content Delivery Network Market by Type (Standard/Non-Video & Video CDN), Core Solution (Web Performance Optimization, Media Delivery, Cloud Security), Adjacent Service, Service Provider, Organization Size, Vertical, and Region - Global Forecast to 2022

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