Ericsson is partnering with Limelight to add content delivery capabilities to its new Ericsson Unified Delivery Network (UDN) platform.

Sweden: Swedish multinational networking and telecommunications company, Ericsson is collaborating with Limelight to deploy content delivery technology into Ericsson Unified Delivery Network (UDN) platform, which is a web-scale edge delivery network driving performance benefits and cost efficiencies. By offering computing capabilities to the users, the edge computing can address rising data demand and benefit low latency applications such as IoT and virtual reality.

CEO of the Limelight Networks stated that the company is looking for ways to improve the reach of network. The partnership of Ericsson with communication service providers through the UDN network is a key component of the agreement enabling better performance for the customer. The company went on to say that they are delighted to work with the Ericsson.

Head of the Ericsson stated that entering in partnership with Limelight network, a leader in the edge cloud services and content delivery networking, will open a new chapter for the UDN network in-line with the assistance of its edge cloud platform.                                               

 According to TechSci Research, the partnership between Ericsson and Limelight will result in technological advancements in the content delivery capabilities. Factors, such as improved cyber security, reduced latency and demand for increasing bandwidth, are boosting the growth of the global content delivery platform market and global edge computing market. Expanding IoT market, smart appliances, and rising demand for augmented reality and virtual reality are propelling the growth of the Global edge computing market.

According to the recently published report by TechSci Research, “Global Edge Computing Market, By Deployment (On-Premise, & Cloud), By Application (IoT, Video Surveillance, etc.), By Component (Hardware & Software), By End-User (Manufacturing, Power, etc.), By Region, Competition Forecast & Opportunities, 2015-2022”, Global edge computing market was valued at over $ 623 million in 2016 and is projected to grow at a CAGR of over 46% to surpass $ 6 billion by 2022. Growing IoT market including IIoT, smart grids, smart cities, smart consumer wearables, smart appliances and smartphones, coupled with booming augmented reality and virtual reality market are expected to drive global edge computing market during the forecast period.

According to the recently published report by TechSci Research, “Global Content Delivery Network Market, By Type (Video Vs. Non-Video), By Service Provider (Traditional Content Delivery Network & Others), By Solution, By Adjacent Service, By End User, By Region, Competition Forecast & Opportunities, 2013 – 2023”, Global Content Delivery Network (CDN) market stood at around $ 7 billion in 2017 and is projected to grow at a CAGR of more than 29% to reach $ 33 billion by 2023, owing to rising smartphone & internet user base, increasing acceptance of Over the Top (OTT) media services and surging popularity of 4K video content. Moreover, increasing focus towards improving performance of websites, reducing latency and mitigating cyber threats is further boosting demand for CDN, globally. Growing digitalization in the BFSI sector, increasing complexity of websites and surging number of traditional media and retail companies adopting digital platform are among the other key factors anticipated to fuel the global CDN market during the forecast period.

According to the recently published report by TechSci Research, “Global Internet of Things (IoT) Services Market, By Type (Professional and Managed Services), By Application (Manufacturing, Healthcare, Smart Homes and Buildings, Smart Cities, etc.), By Region, Competition Forecast and Opportunities, 2011 - 2021”, global IoT services market is projected to exhibit a CAGR of over 24% during 2016-2021, owing to rising internet and smartphone penetration, growing Industrial IoT (IIoT) adoption, coupled with increasing number of smart city projects across various countries. Managed services dominated global IoT services market in 2015 and the trend is anticipated to continue during the forecast period as well, owing to increasing number of government initiatives towards digitization and increasing IT spending on security services. Although, high demand for IoT services across the globe is emanating from healthcare, smart homes & buildings, smart cities, etc., manufacturing segment dominated global IoT services market in 2015, on account of rising need to reduce costs and increasing demand for data analytics.