The increasing demand for broadband speed globally, increasing the availability of downloadable content, necessity of hard disk space and necessity of providing online content are rapidly increasing the demand for cloud content delivery market.
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On the basis of component cloud content delivery network market is segmented into web performance optimization, adjacent service, media delivery, application programming interface, support and maintenance, cloud storage, analytics and monitoring, core solutions, CDN design, cloud security, and others.
North America is the largest cloud content delivery network market globally with the U.S contributing the largest in aspect of revenues. Asia-Pacific is expected to witness the fastest growth in the cloud content delivery network market.
Key players in cloud content delivery network industry are investing in improving the quality of delivery network and developing the latest technologies that are strengthening their position in the market.
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However, it has been observed that local players are depending upon new technology to develop cost efficiencies, thus increasing the rivalry in the market to a certain extent. Akamai Technologies, Google LLC, NTT Communications Corporation, CDNetworks Co., Ltd., Amazon Web Services, Inc., Oracle Corporation, Cloudflare, Inc., Limelight Networks, Inc., Alibaba Cloud, and CenturyLink, Inc. are the key players operating in cloud content delivery network market across the globe.
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