Enterprise Content Delivery Network (eCDN) Software Market REPORT OVERVIEW
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The global enterprise content delivery network (eCDN) software market size is expanded rapidly in 2021 and market is expected to generate substantial revenue by 2031, exhibiting a high compound annual growth rate (CAGR) from 2021 to 2031.
enterprise content delivery network (eCDN) software is a part of the services that are rendered by IMB Watson media. This software is helpful in reducing the network bottlenecks especially while sharing or transferring content in the form of videos to various locations. These locations could be corporate offices. In such places you can find many people viewing the same content.
Growing necessity for uninterrupted data, network connectivity, high usage of smart phones, and increased screen time have led to the development of the market. This is considered as the latest trend in the market.
CDN solutions are highly effective and can decrease the mobile data traffic. Adoption of cloud-based services in many organizations favored the market growth. These are factors driving the market enterprise content delivery network (eCDN) software market growth.
COVID-19 impact: Increased Screen Time During Pandemic Accelerated Market Growth
The pandemic of COVID-19 changed the dynamics of all the markets across the world. Many changes took place in various sectors to adopt to the market conditions. In order to prevent the rapid spreading of coronavirus, the government organizations took up strict precautions.
All the companies asked their employees to work from home. This in turn increased the usage of gadgets such as phones, laptops, and computers. Education industry also had to adopt to online classes and lectures. All of these factors considerably increased the screen time of people leading to an increase in the market share even during the pandemic.
LATEST TRENDS
"Growing Internet Penetration Among People to Increase Market Growth"
With the help of technology and research many new changes are trying to be implemented to improve the network connectivity. Introduction of 5g network has caused a revolutionary change in the market. Usage of gadgets has increased the usage of data services. According a few researches the most widely used gadget is a mobile phone.
According to a recent report which was published by Oberlo mobile phone contributes to majority of the traffic on the internet as compared to any other device. When the traffic is high it can cause several problems while delivering the content to the end users effectively. In order to overcome this problem CDN solutions are very essential. This is considered as the latest trend in the market.
Enterprise Content Delivery Network (eCDN) Software Market SEGMENTATION
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- By Type:
The market can be divided on the basis of type into the following segments:
Pure CDN, media, and, security. Pure CND segment is anticipated to dominate the market during the forecast period.
- By Application:
Classification based on application into the following segment:
Large enterprises, and, SMEs. The large enterprises segment is predicted to dominate the market during the research period.
DRIVING FACTORS
"Effectiveness of Mobile CDN Solutions to Accelerate Market Growth"
CDN solution are considered to be highly effective when it comes to decreasing the network traffic. When the mobile data traffic is reduced, the end users can get access to video content without any hinderance or distribution. Many new developments are taking place in the market to enhance the qualities of the CDNs. This has increased the demand for the software.
There are three important segregations in CDN solutions. They include cloud security, web performance optimization, and, media delivery. Enterprise content delivery network (eCDN) softwares are highly versatile are used I many sectors. Another factor that can positively impact the growth of the market includes rising demand for online advertisements. With the aid of eCDN softwares the quality of advertisements can be improvised. All of these factors are increasing the scope for the market.
"Rising Popularity of Cloud-Based Platforms and Services to Propel Market Growth "
Recently many organizations have taken up cloud-enabled solutions because of the tremendous advantages given by them. With the installation of cloud-enabled services organizations can minimize the time, and efforts that would have to be spent on installation of hardware. There would be many difficulties relating to the company’s business model.
The combination of cloud and CDN will prove to be highly efficient. The flexible, and non-complex approach provided by eCDN softwares is increasing the demand for them. Corporate Salary Packages or CSPs are implanting CDN in order to achieve the effective delivery of infrastructure services, applications, and, softwares. All of these factors are propelling the enterprise content delivery network (eCDN) software market share.
RESTRAINING FACTOR
"Problems Arising During Live Video Streaming to Decrease Market Growth"
Some problems might arise while streaming live video. Videos with very high demand can be complex to handle especially on mobile phones. Due to this some hinderances can be expected to arise while streaming live videos or live broadcasts.
There are many such factors that can negatively impact the quality of a live video. One of the major problems is difficulties in connectivity or low internet speed. There are three kinds of operating systems namely windows, android, and iOS or iPhone operating system. The quality provided by all of them varies from one another. All of these factors can hamper the market growth.
Enterprise Content Delivery Network (eCDN) Software Market Regional Insights
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"Asia Pacific to Dominate Market Share in Upcoming Years"
Asia Pacific holds the highest market share in the eCDN market. This growth can be attributed to the development of information technology infrastructure in developing economies. China is a very prominent player in the market and contributes to almost half of the total market share.
Dependency of all the important sectors like healthcare, and education on network and data has increased the demand for these softwares. Many people stream content online without downloading it. This is a major factor that has helped in the development of the market in the Asia Pacific region.
Key Industry Players
"Leading Players adopt Acquisition Strategies to Stay Competitive "
Several players in the market are using acquisition strategies to build their business portfolio and strengthen their market position. In addition, partnerships and collaborations are among the common strategies adopted by companies. Key market players are making R&D investments to bring advanced technologies and solutions to the market.
List of Market Players Profiled
- Kollective (U.S.)
- IBM (U.S.)
- Amazon (U.S.)
- Cisco (U.S.)
- Cloudflare (U.S.)
- Vbrick (U.S.)
- Fastly Edge Cloud (U.S.)
- GlobalDots (Canada)
- Haivision (U.S.)
- Instart (U.S.)
- Kaltura (U.S.)
- Mediasite (U.S.)
- Qwilt (U.S.)
- Ramp (U.S.)
- SmartEdge (U.K.)
Report Coverage
The report provides an insight into the industry from both the demand and supply sides. Further, it also gives information on the impact of COVID-19 on the market, the driving and the restraining factors along with the regional insights. Market dynamic forces during the forecast period have also been discussed for the better understanding of the market situations.
Frequently Asked Questions
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Which are the driving factors of the enterprise content delivery network (eCDN) software market?
CDN solutions are highly effective and can decrease the mobile data traffic. Adoption of cloud-based services in many organizations favored the market growth. These are factors driving the market enterprise content delivery network (eCDN) software market growth.
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Which is the leading region in the enterprise content delivery network (eCDN) software market?
North America is the leading region in the enterprise content delivery network (eCDN) software market.
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Which are the top companies operating in the enterprise content delivery network (eCDN) software market?
Kollective, IBM, Amazon, Cisco are the top companies operating in the enterprise content delivery network (eCDN) software market.