$2.6 Billion Commercial P2P CDN Market by Content Type, Solution, Service, End-User Segment, Vertical, and Region - Global Forecast to 2023 - ResearchAndMarkets.com
DUBLIN--(BUSINESS WIRE)--Dec 3, 2018--The “Commercial P2P CDN Market by Content Type (Video and Non-video), Solution (Web Performance Optimization, Media Delivery, and Cloud Security), Service, End-User Segment (Consumer and Business), Vertical, and Region - Global Forecast to 2023” report has been added to ResearchAndMarkets.com’s offering.
Proliferation of video-on-demand and online gaming has resulted in the growth of the commercial P2P CDN market
The global commercial Peer-to-Peer Content Delivery Network (P2P CDN) market size is expected to grow from USD 1.3 billion in 2018 to USD 2.6 billion by 2023, at a Compound Annual Growth Rate (CAGR) of 14.8% during the forecast period.
There is an upsurge in digitalization and video CDN among diverse businesses. This advancement is expected to increase the use of mobile devices for the video streaming solution on a real-time basis. CDN is the dominant method for video delivery; hence, the growing video streaming services would boost the growth of the commercial P2P CDN market. However, factors such as network connectivity and technical difficulties in video streaming are expected to hinder market growth.
Among end-user segment, the consumer segment is expected to account for a higher market share during the forecast period
The consumer segment is expected to account for a higher market share during the forecast period. Currently, millennials are driving traffic over the internet across regions. This has considerably affected the growth of data traffic, resulting in the increased deployment of commercial P2P CDNs. This demand is mainly attributed to the growing proliferation of media and entertainment and gaming verticals.
Among verticals, the media and entertainment vertical is expected to account for the highest market share during the forecast period.
The rising trends of Video-on-Demand (VoD), online audio streaming, podcasts, and live web episodes have boosted the adoption of cloud-based services to provide users with uninterrupted access to the data they wish to see. Furthermore, the implementation of P2P CDNs plays an active role during peak hours by avoiding data traffic. The media and entertainment vertical is implementing CDN solutions to deliver rich media content and offer optimum user experience to its end-users.
Key Topics Covered:
2 Research Methodology
3 Executive Summary
4 Premium Insights
5 Market Overview
6 Commercial P2P CDN Market, By Content Type
7 Market By Solution
8 Commercial P2P CDN Market, By Service
9 Market Analysis By End-User Segment
10 Commercial P2P CDN Market, By Vertical
11 Commercial P2P CDN Market, By Region
12 Competitive Landscape
13 Company ProfilesAkamai Alibaba Group CDNvideo Edgemesh Globecast Kollective Peer5 Peerappp Play2live Qumu Corporation Streamroot Strivecdn Viblast
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SOURCE: Research and Markets
Copyright Business Wire 2018.
PUB: 12/03/2018 11:27 AM/DISC: 12/03/2018 11:27 AM