Multimedia Delivery Network Market: Analysis of Global Opportunities and Industry Forecast by 2030
The Media Content Delivery Networks market research report presents information related to key drivers and trends along with detailed market analysis.
PORTLAND, PORTLAND, OR, USA, December 15, 2021 /EINPresswire.com/ – At increased speed and lower bandwidth, CDN delivers static, dynamic and interactive content to end users. Content requested by users is routed directly to the server closest to the network. As content buffering time increases, customer interest in the content begins to decline, which can directly affect business.
For example, businesses such as online retailers require that customer interest be held until customers have purchased the product and verified. To retain customers and convert them into leads, any organization needs proper optimization and better delivery of content.
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As part of their marketing strategy, many organizations add video content to their web pages, share live content to increase website traffic. These marketing strategies created by organizations are only effective when organizations receive support from content delivery networks. Hence, the need for the organization to provide uninterrupted content delivery is increasing, hence, the demand for CDN solutions is increasing, thus leading to the growth of the media content delivery network market.
However, the number of cyber attacks is increasing with the use of video streaming solutions for watching movies and commercials. Now users are sharing video links which can be corrupted by a virus which can provide private information about users to malicious attackers compromising security. Ensuring security and privacy on various platforms can become a challenge for organizations. Additionally, as data is misused and information is leaked, problems with copyright and digital rights mismanagement arise.
Hence, it acts as the major restraining factor in the growth of the multimedia content delivery market. However, as digital infrastructure advances, so does the consumption of OTT video. OTT platforms attempt to create and deliver content to consumers at an affordable price. In addition, video on demand services are easier, faster, cheaper and users can download their favorite video content anytime and watch it at their convenience are some of the reasons for adopting the service. .
OTT and video on content can be delivered to the public more efficiently using CDN solutions. Therefore, as the demand for OTT and Video on Demand platforms increases, the need for CDN solutions also increases, providing opportunities for CDN providers.
COVID-19 scenario analysis:
• The emergence of COVID-19 has severely affected human health as well as the global economy. The lockdown and restrictions have caused many people to shift their daily work to online platforms.
• Due to trends in social distancing, activities such as online learning, online games and online shopping are on the increase. Therefore, to provide more efficient services to their clients, organizations have started adopting CDN solutions.
• In addition, during the pandemic, the use of OTT and video on demand platforms that provide high quality video content began to increase, thus increasing the demand for CDN solutions.
• In addition, to deliver effective content to end users, many organizations have started adopting CDN solutions which therefore drive the growth of CDN solutions media delivery network market during the pandemic period.
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Companies covered by this report are: Akamai Technologies, Microsoft Corporation, IBM Corporation, Limelight Networks, Amazon Web Services, Inc., Google, AT&T, Cloudflare, Inc., Verizon Media, Lumen Technologies, Deutsche Telekom AG, QUANTIL, StackPath, LLC, Fastly, G-Core Labs SA, OnApp Limited, Broadpeak, Citrix Systems
Questions Answered in the Media Content Delivery Networks Market Research Report:
• Who are the major market players active in the multimedia content delivery networks market?
• What are the detailed impacts of COVID-19 on the multimedia content delivery network market?
• What are the current trends that will influence the multimedia content delivery networks market in the coming years?
• What are the driving factors, restraints, and opportunities in the multimedia content delivery networks market?
• What are the projections for the future that could help to take new strategic actions?
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