Dallas, TX -- (ReleaseWire) -- 04/07/2014 -- ReportsnReports.com adds Global Video CDN Market 2014-2018 a new market research report to its store. 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.
Analysts forecast the Global Video CDN market will grow at a CAGR of 29.66 percent over the period 2013-2018. According to the report, 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.
Covered in this Report
The Global Video CDN market has been segmented in terms of geography and the corresponding market size and forecast has been provided. The report also covers the top three countries for video CDN in 2013 and talks about drivers, challenges, and trends in the individual market.
The Global Video CDN Market 2014-2018, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the Americas and the EMEA and APAC regions; it also covers the Global Video CDN market landscape and its growth prospects in the coming years. The report also includes a discussion of the key vendors operating in this market.
- Akamai Technologies Inc.
- CDNetworks Co. Ltd.
- Level 3 Communications Inc.
- Limelight Networks Inc.
Other Prominent Vendors
- Abacast Inc.
- Accelia Inc.
- Alcatel-Lucent SA
- Amazon Web Services Inc.
- AT&T Inc.
- Bharti Airtel
- Broadmedia Corp.
- BT Group plc
- CacheFly LLC
- ChinaCache Inc.
- Conviva Inc.
- Deutsche Telekom
- EdgeCast Networks Inc. (recently acquired by Verizon Communications Inc.)
- EdgeStream Inc.
- Highwinds Network Group Inc.
- Internap Network Services Corp.
- Interroute Communications Ltd.
- Mirror Image Internet Inc.
- NaviSite Inc.
- NTT Communications Corp.
- Pacnet Services Corp. Ltd.
- Peer1 Network Enterprise Inc.
- Reliance Globalcom Ltd.
- Singapore Telecommunications Ltd.
- Tata Communications Ltd.
- Telecom Italia Sparkle S.p.A
- Telecom New Zealand Ltd.
- TeliaSonera AB
- Telstra Corp. Ltd.
- Telus Communications
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Key Market Driver
- Unprecedented Growth in Video Streaming.
Key Market Challenge
- Cost Restraints.
Key Market Trend
- Major Players Building own CDNs.
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.
Key Questions Answered in this Report
- What will the market size be in 2018 and what will the growth rate be?
- What are the key market trends?
- What is driving this market?
- What are the challenges to market growth?
- Who are the key vendors in this market space?
- What are the market opportunities and threats faced by the key vendors?
- What are the strengths and weaknesses of the key vendors?