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Content Delivery Network Market is Growing Exponentially in Order to Gain More Demand by 2026

Content Delivery Network Market research provides industry analysis by type, manufacturer, application along with key factors influencing the growth of the market which include growth drivers, restraints, opportunities and challenges, strategically profile key players and comprehensively analyze their market share and core competencies.

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Content Delivery Network Market is Growing Exponentially in Order to Gain More Demand by 2026

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  1. Content Delivery Network Market is Growing Exponentially in Order to Gain More Demand by 2026 Content Delivery Network Market research provides industry analysis by type, manufacturer, application along with key factors influencing the growth of the market which include growth drivers, restraints, opportunities and challenges, strategically profile key players and comprehensively analyze their market share and core competencies. A content distribution network or content delivery network (CDN) is a system distributed network that delivers webpages or different web content data across various geographical locations. Content delivery network delivers a large portion of online content, including web objects (scripts, graphics and text), downloading objects (documents, software, and media files), applications (portals and e-commerce), social networking, on-demand streaming media, and live streaming media. Download PDF To explore detail study @ https://www.coherentmarketinsights.com/insight/request-pdf/1155 The last few years have witnessed a meteoric rise in IP data traffic backed by internet proliferation worldwide. According to Coherent Market Insights, in 2016, 96,054 PB IP data traffic was generated per month and is projected to reach 278,108 PB IP data traffic by 2021, globally. Increasing adoption of video supporting devices, wearable devices, AR/VR technology, and digitization is increasing data traffic globally, which in turn is expected to boost demand for content delivery network. Growing e-commerce industry provides immense opportunities for growth of the content delivery network market. For example, according to India Brand Equity Foundation Organization, in 2016,

  2. e-commerce industry in India, generated revenue of US$ 15 billion and is projected to reach US$ 188 billion by 2025. Moreover, increasing demand for decreased uploading time is also fueling adoption of content delivery network technology in e-commerce companies. Browse More About the Market Study @ https://www.coherentmarketinsights.com/market-insight/content-delivery-network-market-1155 According to a survey conducted by Coherent Market Insights, in 2016, 47% worldwide consumers expected a web page to load in 2 seconds or less. Increasing website loading time results in low consumer retention on the webpage. Results of the survey revealed that an increase in loading time by one second reduces 11% page views, adversely affecting revenue generated by the e-commerce company. To overcome this challenge, e-commerce companies are adopting the content delivery network technology to help reduce the loading time of the webpage. North America holds a dominant position in the market in 2016 North America is projected to retain its dominance throughout the forecast period. Some of the major countries driving growth of the market in the region are the U.S. and Canada. Increasing usage of 4K content is one of the key factors driving growth of the market in the region. According to Coherent Market Insights, connected 4k televisions consumed around 3.9 GB per month in 2016, in the U.S. and is projected to reach 43.5 GB per month by 2021. Additionally, Asia Pacific content delivery network market is projected to exhibit the highest CAGR over the forecast period. India, china, and Japan are some of the major countries driving the market in this region. Increasing adoption of content delivery network technology by various end-use industries such as advertising, e-commerce, education, gaming, and media & entertainment have accelerated growth of the market in this region. For example, Aditya Birla Online Fashion Private Limited (ABOF) is an India-based e-commerce company, which has adopted an Amazon CloudFront to help reduce the uploading and downloading time. Similarly, NDTV Ltd, India's largest news and infotainment network company adopted Tata Communication CDN platform to reduce the video streaming downloading time Key Companies- Global Content Delivery Network Market Some of the major companies in the global content delivery network market are Akamai Technologies, AT&T, Inc., CDNetworks, Chinacache, CloudFlare Inc., Highwinds Network Group, Inc., Internap Corporation, Level 3 Communications, Inc., Limelight Networks, MaxCDN, Tata Communications, and Verizon Communications, Inc.

  3. Ask for Discount before Buying @: https://www.coherentmarketinsights.com/insight/request-discount/1155 About Coherent Market Insights: Coherent Market Insights is a prominent market research and consulting firm offering action- ready syndicated research reports, custom market analysis, consulting services, and competitive analysis through various recommendations related to emerging market trends, technologies, and potential absolute dollar opportunity. Contact Us: Mr. Shah Coherent Market Insights 1001 4th Ave, #3200 Seattle, WA 98154 Tel: +1-206-701-6702 Email: sales@coherentmarketinsights.com

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