Content Delivery Network Market Trends, Growth, Opportunities and Emerging Technologies 2024

Global Content Delivery Network Market Report by Type (Standard Content Delivery Network, Video Content Delivery Network), Solution (Media Delivery, Web Performance Optimization, Cloud Security), Application (OTT Streaming, Network Optimization, Website & API Management, Analytics & Performance Monitoring), Service Provider(Telco Content Delivery Network, Traditional Content Delivery Network, Cloud Services Providers and Others), Vertical (Media & Entertainment, Retail & e-commerce, Gaming, BFSI, IT & Telecommunication, Education) and Region.

Content Delivery Network Market Research Report - Global Forecast till 2024

The content delivery network is a distributed network of optimized servers which are designed to deliver content such as media, web applications, APIs, and software globally. There are various advantages of CDN for the end users as it increases the speed of content delivery and keeps the content accessible even during excessive user traffic and server outages. Moreover, the CDN secures content delivery by providing security against the web-based attacks that has led to an increase in network traffic; this allows seamless delivery of content to end users. One of the major factors contributing to the growth of the CDN market is the rising demand for high-performance content delivery networks.

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Global Mixed Reality Market: Segmentation

The global CDN market has been segmented based on type, solution, application, service providers, verticals and region.

Based on type, the market has been categorized as standard content delivery network, and video content delivery network. The video content delivery network segment is further divided into live linear streaming, on-demand streaming, and live streaming.

Based on solution, the global content delivery market has been segmented into web performance optimization, media delivery, cloud security, and others. The media delivery segment accounted for the largest market share of 49.0% in 2018, growing at a CAGR 25.0%.

By application, the global content delivery network segment has been divided into OTT streaming, analytics and performance monitoring, network optimization, and website and API management.

Based on service provider, the CDN market has been segmented as traditional content delivery network, telco content delivery network, cloud service providers, and others.

Based on vertical, the global content delivery network market has been segmented into BFSI, media and entertainment, gaming, retail and e-commerce, education, IT and telecommunication, and others.

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Regional Analysis

North America is expected to lead the global CDN market during the forecast period, followed by Europe. Increasing adoption of IoT devices, smartphones, laptops, and others, generating high volumes of content including videos, images, and other media is driving the adoption of CDN. Moreover, the presence of various key players in the region is also contributing to the market growth. The US dominates the market in North America followed by Canada.

Market Players

Some of the prominent players in the global CDN market are Akamai Technologies Inc. (US), Limelight Networks Inc. (US), CenturyLink (US), Tata Communications Ltd (India), Fastly Inc (US), StackPath, LLC (US), CDNetworks Co. Ltd (South Korea), Verizon Communications Inc.(US), Amazon.com Inc. (US), AT&T Inc.( US), Comcast Corporation (US) among others.

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Automatic Content Recognition Market 2019: Growth Status, Share Report, Recent Trends and Demand by Forecast 2023

Automatic Content Recognition Market: By Solution (Audio, Video and Image Recognition, Voice, Real Time Content Analytics), By Service (Professional, Managed), End User (IT & Telecommunication, Healthcare) – Global Forecast till 2023

Automatic Content Recognition (ACR) Market Analysis

The capabilities of client applications are being developed significantly in the recent times, due to an increased need of end users to find relevant content online. As a result, automatic content recognition has emerged as an identification technology to recognize content present in a media file or played on media devices. The concept of ACR enables rapid collection of detailed information about the content without any text-based input or search efforts. Thus, helping users deal with multimedia more effectively while making applications more intelligent. The market is anticipated to develop at a CAGR of 27 percent while achieving USD 4,507 million in revenue through the forecast period.

Rapid advances in automation and artificial intelligence have created a substantial impact on the automatic content recognition market. The market for automatic content recognition is motivated by a few main factors such as its improved application in smart TVs, wearables, mobile screens, as well as by entertainment and media companies for broadcast monitoring and audience measurement. Moreover, the increased use of technologies such as fingerprinting or watermarking is backing the market’s growth. 

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Segmental Analysis

The automatic content recognition market globally is segmented into end-user application, technology, and region. By Technology, the market is segmented into speech recognition, passive fingerprinting, and digital watermarks. The speech recognition segment is dominating the automatic content recognition market in this segment and is also projected to develop at the highest rate during the forecast period. By end-use application, the market is segmented into advertising, industrial, consumer electronics, media & entertainment, gaming, education, broadcasting industry, and others. The media, advertising, & entertainment segment is controlling the market as reported in 2017 and is also anticipated to develop at the highest rate during the forecast period. By region, the market is segmented into regions such as North America, Europe, Asia-Pacific, and the Rest of the World.

Regional Analysis 

The regional analysis of the market consists of regions such as North America, Europe, Asia Pacific, and the Rest of the World. The North American region is leading the automatic content recognition market trailed by the European, and Asia Pacific region. The North American region is presently controlling the market for automatic content recognition. The primary growth in automatic content recognition market in the North American region is accredited to developments in technology and growing adoption of cloud technology and the Internet of Things in the region. The US is the principal country in automatic content recognition market in the region and has produced a revenue worth USD 248.1 million in 2017.

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Competitive Analysis

The automatic content recognition market globally is defined by the incidence of many regional, global, and local vendors. The market is extremely competitive with all the players contending to capture market share. Advances in technology, intense competition, and changes in government policies are important factors that are motivating the market’s growth. The vendors compete based on quality, cost, reliability, and aftermarket service. Digimarc Corporation (US), Arcsoft, Inc. (US), Microsoft Corporation (US), Beatgrid Media B.V. (The Netherlands), Audible Magic Corporation (US), Clarifai Inc. (US), Enswers, Inc. (South Korea), ACR Cloud (US) and Shazam Entertainment Ltd. (US).

Also Read: https://www.marketwatch.com/press-release/automatic-content-recognition-market-2019-2019-global-trends-market-share-industry-size-growth-sales-opportunities-and-market-forecast-to-2023-2019-11-08

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Digital Transaction Management Market: Size, Share, Growth Insights, Prominent Players Analysis to 2023

Global Digital Transaction Management Market, By Solution (E-signature, Authentication, Document Archival, Workflow Automation), By Component (Hardware, Software, Services), End User (BFSI, Healthcare, Retail, Government) - Forecast 2023

The management of document-based transactions digitally is the crux of the purpose of digital transaction management process. The moving time frame and the advancement in digital technology is creating huge market opportunities for developers and producers. The market’s growth is increasingly spurred by the surge in the usage of smart devices such as wearables, smartphone, mobile applications to name a few. The rising acceptance of digital transactions by consumers is also influencing the providers to offer more pioneering and secure platforms for monetary transactions to their customers. The market is also considerably subjected to the need to achieve efficiency and development in terms of transactions.

The market is anticipated to achieve revenues worth USD 5,552.91 million while growing at a CAGR of 25.73 percent in the duration of the forecast period from 2017 to 2023. The market is a bolstered by the growing application of IT security and implementation of cloud-based services. Development and expansion of cloud technology and services has widened the market’s capabilities and industry outreach. The gradually rising adoption of digital transaction management in the banking sector is inducing a higher level of flexibility in its agile business model to meet the changing business as well as consumer needs that have gained prevalence lately.

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Segmental Analysis

The market for digital transaction management is segmented on the basis of components, solutions, and end user. The segmentation on the basis of solutions comprises of document archival, e-signature, authentication and workflow automation.

By solution, the E-Signature segment is a chief segment in the digital transaction management growing at 26.47 percent CAGR and workflow automation market is expected to develop at a rapidly growing 28.85 percent CAGR during the forecast period from 2017 to 2023. The segment on the basis of component comprises of software, hardware, and services.

By component, the hardware segment is leading in the digital transaction management with 23.78 percent CAGR and the software market is projected to develop at a rapidly developing 28.22 percent CAGR during the forecast period.

By end users, the market is segmented into BFSI, commercial, retail, healthcare, IT & telecommunication, and government. The commercial segment is leading the market for digital transaction management in 2017 and is projected to develop at a rapidly growing 28.58 percent CAGR for the period of forecast.

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Regional Analysis 

The regional analysis of the market includes APAC, Europe, North America and the rest of the world. The North American region is controlling the digital transaction management market trailed by the European and Asia Pacific region.

The demand for the market for digital transaction management is propelled by the existence of a technically advanced economy and growing adoption of cloud services in the North American region. Nations such as Canada, U.S, and Mexico have invested significantly in the research and development of automation and cloud technologies. U.S. is followed by Canada as the foremost digital transaction management market in the region and has created a combined revenue of USD 465.89 million in 2017. While Canada is anticipated to develop at a robust 26.66 percent CAGR during the forecast period from 2017 to 2023. The European region is the next major market for the digital transaction management owing to the huge market demand for e-commerce and amplified the adoption rate for automation. The region is a technically advanced region and has a well-established infrastructure. U.K. has had achieved the top revenue of USD 216.75 million in 2017. Whereas, Germany is likely to develop at a rapidly growing 28.79 percent CAGR during the forecast period from 2017 to 2023.

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At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.

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Testing Inspection and Certification Market Recent Developments, Current Industry Trends and Forecast to 2023

Acknowledging the exponential traction, the market perceives currently, Market Research Future (MRFR), in its recently published study report asserts that the global testing, inspection & certification market is expected to reach USD 58.38 BN by 2023 with approx. 5.8 % CAGR throughout the forecast period (2018-2023).

Testing, inspection & certification is a process adopted by end-user sector to ensure safety, maintenance, and quality in consumer products. Testing, Inspection & Certification services play an essential role in increasing productivity by meeting product quality with international standard.

In recent years, regulatory norms of health, quality, and safety have become strict which is thereby affecting the global import & export business. Imports from developing regions have to pass through stringent quality and safety testing procedures. This, as a result, has increased demand for testing, inspection, and certification process in the manufacturing sectors.

Moreover, strong industry fundamentals and stringent regulation in end-user sectors such as food & beverage, textiles, and pharmaceuticals, are escalating the market on the global platform, creating a massive demand for these services.

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With the growing awareness about quality among consumers which is thereby generating a considerable demand for these services is allowing the market to grow at twice the rate of global GDP. Also, the growing manufacturing units in emerging countries such as China, India, and Singapore among others drive the growth of testing, inspection, and certification market.

“It’s a perfect time for the mergers and acquisitions for the providers operating in this highly acquisitive market as trade buyers target external growth and private equity (PE) opt for aggressive buy and build growth strategies,” states the MRFR research analyst.

On the other hand, factors such as the lack of international standards of testing, inspection & certification are hampering the growth of the market. Also, the regional rules & regulations differentiation is affecting the investments made by international players.  Nevertheless, a large number of transactions and the high demand for these services from small and mid-size companies is expected to support the growth of the TIC market over the assessment period.

Global TIC Market – Segmentations

The MRFR analysis is segmented into five key dynamics for enhanced understanding.

By Sourcing Type: Outsourcing and In-house.

By Service Type: Testing Service, Inspection Service, And Certification Service.

By End-user: Automotive, Textile, Aerospace, Oil & Gas, Petroleum, and Food & Beverage among others.

By Application: Commercial and Industrial.

By Regions:  North America, Europe, APAC, and the Rest-of-the-world (RoW).

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Global TIC Market - Regional Analysis

North America is dominating the global testing, inspection and certification market with the largest market share due to the large presence of the electronics sector in the region. Moreover, factors such as the increased global trade, growth in the software, defense, and aviation industry, and advancement in medical equipment automation substantiate the growth of the regional market. The region is expected to create a large revenue pocket over the forecast period.

The testing, inspection and certification market in the European region is expected to account for the second-largest market, following the North American market closely.  The presence of high-tech automation division in the region which provides extensive vehicle testing & inspection services to the automotive products alongside the burgeoning automobile industry in the region drives the growth of the regional market. Moreover, factors such as the growing demand for organic and processed food fuels the market growth.

The Asia Pacific is rapidly becoming a promising market for testing, inspection and certification services.  The high demand of these services, especially in emerging countries such as China and India along with the stringent government regulations to ensure better health and strong security in various end-user sectors are fueling the growth of the TIC market in the region.  

Moreover, factors such as the increased demand for consumer electronics, growing consumer awareness towards quality, increase in cross border imports and exports substantiate market growth.

Key Players –

Some of the players leading the global testing, inspection, and certification (TIC) market includes Bureau Veritas SA (France), SGS group (Switzerland), Dekra Certification GmbH (Germany), ALS Limited (Australia), Intertek Group plc. (U.K.), ASTM International (U.S.), SAI Global Limited (Australia), BSI Group (U.K.), UL LLC (U.S.), and MISTRAS Group, Inc. (U.S.) among others.

Also Read: https://www.globenewswire.com/news-release/2018/08/14/1551765/0/en/Testing-Inspection-and-Certification-TIC-Market-Analysis-by-Source-Type-Service-Type-End-User-and-Application-North-America-Continues-to-be-a-Highly-Attractive-Market-for-TIC-Compa.html

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Virtual Private Network Market Demand, Development Trends, Business Strategy, Segmentation Analysis and Forecast to 2023

The global virtual private network (VPN) market is expected to register a stellar CAGR of 18.22% over the forecast period of 2016-2022, reveals Market Research Future in a minutely analyzed research report. The market has been observing persistent growth on account of multiplying deployment of VPN by enterprises across the globe to access extremely secured connections and extend private networks across public networks. The high occurrence of cyber attacks results in intensified security concerns which induce demand for cloud-based security solutions and drives the market for VPN.

The study reveals that North America region dominates the virtual private network market. The emerging trend in the IT industry such as Bring Your Own Device (BYOD) and the emergence of Internet of Things (IoT) is expected to create room for Virtual Private Networks in years to come. The increased focused towards privacy is further expected to drive the VPN market.

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Rising awareness about the threat of cyber attacks, credit card information phishing, identity theft and impersonation over the internet drive the demand for VPN. High deployment price of VPN acts a major constraint to the market. Complexities in the setup and configuration of VPN which requires in-depth technical know-how; lack of trained workforce are other significant restraining factors to the market growth. Moreover, various governments across the world have endeavored to crack down on VPN usage in a bid to tighten control over the internet.

For instance, in July 2018, China pressurized Apple to remove VPN apps from the Chinese App Store. However, the emerging trend of Bring Your Own Device (BYOD) and the Internet of Things (IoT) is foreseen to influence the market growth positively.

Segmentation

The global virtual private network market has been segmented based on type, deployment, product, and end user.

By type, the market has been segmented into Hosted, IP, Multiprotocol Label Switching, Cloud, and others.

By deployment, the market has been segmented into On-Premise, On-Cloud.

By products, the market has been segmented into Routers, Switches, Firewalls, and others.

By end users, the market has been segmented into Government, Telecommunication, Manufacturing, Healthcare, BFSI, Utilities and others.

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Regional Analysis

The global virtual private network market spans across the regions of North America, Europe, Asia Pacific, and the Rest of the World.

North America held a relatively higher share of the market and accounted for USD 7.37 Billion in 2016.  In the US, cybercrime is a frequent occurrence which leads to soaring demand for VPN in the region. Robust economy of the North America region facilitates the regular inflow of funds and a prosperous IT industry makes North America a prime target for hackers. High adoption of VPN by enterprises supports the growth of the market in the region. Asia Pacific is projected to expand at a relatively faster rate due to the growth in fast-developing countries such as China and India where there is a strong demand for VPN. Europe market is driven by the growing banking industry which attracts cyber threats.

Competitive Landscape

The global virtual private network market is a highly competitive one with the presence of a multitude of established players. With the influx of new entrants to the market, a trend of stable, volume-driven growth has been observed in the market. The key players operating in the global virtual private network market include Microsoft Corporation (U.S), CyberGhost S.A. (Romani), Purevpn (Hong Kong), Golden Frog, GmbH (Switzerland), SaferVPN (Israel), Private Internet Access (U.S), NordVPN (Panama), IPVanish (U.S), Buffered VPN  (Hungary), and NetGear, Inc. (U.S).

Also Read: https://www.marketwatch.com/press-release/virtual-private-network-vpn-market-analysis-by-type-deployment-products-end-user-vpn-market-worth-us-41702-billion-by-2023-at-18-cagr-2018-06-12

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Lighting-as-a-Service Market Highlighting Regional Revenue Share, Leading players Growth Strategies, and Upcoming Trend 2019 – 2023

Lighting-as-a-Service Market - Overview

Lighting-as-a-Service (LaaS) is an all-inclusive subscription-based procurement mechanism that provides design and installation, other technical requirement, maintenance, and recycling or disposal services of lighting system for different end-users. The benefits of LaaS include smart management of loads, creation of new use cases for lighting, reduced costs, carbon emissions, adherence to government mandates and standards. Increase in demand for energy efficient lighting, increased cost savings, spread of Internet of Things (IoT) to design smart, sustainable and connected lighting systems has led to the growing adoption of Lighting-as-a-service by the various end-users. Furthermore, the pressing needs of the commercial space owners to remain updated with the latest lighting technology is effectively met by LaaS. However, lack of awareness regarding the lighting-as-a-service offering among the potential end-users restrain the market growth. The report segments the lighting-as-a-service market based on component, installation, application, and region.

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Based on the installation, the market is bifurcated into indoor and outdoor. The indoor installation segment is expected to hold the largest share during the forecast period owing to the growing smart and efficient lighting demand from the commercial sector. Whereas, the rapid convergence of IoT for efficient street lighting designs boost the outdoor installation segment. The outdoor installation segment includes lighting system on street, in park and recreational areas, and in parking garages, among others.

Based on application, the market is segmented into commercial, industrial, and others. The commercial segment dominates the lighting-as-a-service market throughout the forecast period, and it is anticipated to hold the highest CAGR during the forecast period. Factors such as increased energy savings and overall cost reductions accelerate the widespread adoption of lighting-as-a-service by various commercial organizations. Furthermore, the municipal organization within the others segment is anticipated to register the second highest CAGR during the forecast period. This segment is widely adopting LaaS for outdoor lighting systems installations.

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Key Players

The key players operating in the lighting-as-a-service market are Koninklijke Philips N.V. (Netherlands), General Electric Lighting (US), Zumtobel Group AG (Austria), SIB Lighting (US), Lunera Lighting (US), Igor Inc. (US), Itelecom (Chile), Cree Inc. (US), Valoya Oy (Finland), UrbanVolt (Ireland), Sparkfund (US), RCG Lighthouse (Latvia), Metrus Energy, Inc. (US), and Enlighted Inc. (US).

These players are largely investing in growth strategies such as partnerships & collaborations, and contracts & agreement to strengthen their position in the global lighting-as-a-service market. For instance, in 2018, Gooee collaborated with Aurora AOne to launch a residential lighting product line in the UK and Australia that will use ZigBee controls.

Regional Analysis

The global market for lighting-as-a-service is estimated to grow at a notable rate during the forecast period from 2018 to 2023. The geographical analysis of lighting-as-a-service market is done for North America, Europe, Asia-Pacific, and the rest of the world.

North America is expected to dominate the lighting-as-a-service market from 2018 to 2023 owing to the stringent government to adopt energy efficient lighting system, high concentration of market players in the region, and developed infrastructure that is increasingly adopting latest lighting technologies. Europe that closely follows is anticipated to register the highest CAGR during the forecast period. Furthermore, in Asia-Pacific, China and India is expected to emerge as a significant market for lighting services during the forecast period.

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