|By Business Wire||
|April 17, 2014 11:34 AM EDT||
Research and Markets (http://www.researchandmarkets.com/research/98jnrj/global_video_cdn) has announced the addition of the "Global Video CDN Market 2014-2018" report to their offering.
The Global Video CDN market will grow at a CAGR of 29.66 percent over the period 2013-2018.
The growth of the Global Video CDN market is driven by several factors, and one such driver is significant increase in video streaming. With increasing internet penetration, there is a significant increase in the number of videos streamed each day that require 24X7 connectivity with improved video quality.
With the unprecedented increase of data on service providers' networks, big companies now find it financially advantageous to build their own CDNs for consumers rather than outsourcing them. Recently, Apple Inc., which earlier relied on Akamai and Level 3 to deliver Apple-related content including apps, iTunes videos, and software updates for iOS and OS X platforms, built its own CDN to serve its consumers. This development is expected to affect the revenues of Akamai and Level 3 in the coming years, depending upon the scale and location of the network. In 2012, Netflix announced that it was shifting most of its streaming video traffic to a single purpose CDN Open Connect owned by Netflix, which affected the revenue of Akamai and Limelight. Netflix is one of the largest sources of internet traffic and its Open Connect CDN reduced its reliance on commercial CDNs. Big brands are the reason for this huge increase in the internet traffic including Amazon, Apple, Google, and Microsoft. The inclination of the major service providers to own their dedicated CDNs is expected to be one of the key highlights during the forecast period.
Further, the report states that the growth of the Global Video CDN market is expected to be hampered by some major challenges, of which cost restraints is the major challenge. Video CDNs are usually provided through third-party vendors that charge high fees as the video applications are volatile with delayed RoI. It becomes difficult even for tier II and tier III companies to afford such high-cost video CDNs.
- Akamai Technologies Inc.
- CDNetworks Co. Ltd.
- Level 3 Communications Inc.
- Limelight Networks Inc.
Key Topics Covered:
- Executive Summary
- List of Abbreviations
- Scope of the Report
- Market Research Methodology
- Market Landscape
- Geographical Segmentation
- Key Leading Countries
- Buying Criteria
- Market Growth Drivers
- Drivers and their Impact
- Market Challenges
- Impact of Drivers and Challenges
- Market Trends
- Trends and their Impact
- Vendor Landscape
- Key Vendor Analysis
For more information visit http://www.researchandmarkets.com/research/98jnrj/global_video_cdn
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