ICT RESEARCH REPORTS Content-Delivery-Network-Market | Page 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.