South America Content Delivery Network Market to Grow at 32% CAGR till 2023
Growing demand for network optimization, increasing
smart device user base and rising penetration of web-based content to drive
South America content delivery network market through 2023
According to
TechSci Research report, “South
America Content Delivery Network Market By Type, By Service Provider, By Solution,
By Adjacent Service, By End User, By Country, Competition Forecast & Opportunities,
2013 – 2023’’, content delivery network
(CDN) market in South America is forecast to grow at a CAGR of around 32% until
2023, backed by increasing
penetration of video content and web-based applications. Rising demand for reducing
web latency, increasing user traffic across e-commerce websites, and growing
adoption of BYOD and connected devices are expected to drive the CDN market.
Moreover, digitalization of financial services across BFSI sector and rising
demand for SMAC technologies would boost
demand for CDN solutions and services in South America during the forecast
period.
Browse 31 Figures spread through 59 Pages and an
in-depth TOC on "South America Content Delivery Network Market"
https://www.techsciresearch.com/report/south-america-content-delivery-network-market/3538.html
Cloud security solution segment is expected to grow
at the fastest rate in South America CDN market during forecast period, owing
to increasing adoption of IoT, BYOD and several other technologies, coupled
with increasing need to minimize cyberthreats and cyberattacks across the
region. Backed by increasing internet user base and growing demand for quality
web content, Brazil generates the largest demand for content delivery network
solutions and services in South America. Major players in the region’s content
delivery network market are Akamai Technologies Limited, Amazon Web Services,
Inc. and CenturyLink Inc., among others.
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“Over past few years,
South America registered strong growth in web-based content, especially online
music & video as well as online transaction-based services. In addition to
this, user traffic across various e-commerce websites and adoption of cloud, BYOD
and mobility services across various sectors has been increasing across the
region, which is expected to continue boosting CDN adoption in South America to
offer enhanced website performance to the users.”, said Mr. Karan Chechi,
Research Director with TechSci Research, a research based global management
consulting firm.
“South America Content Delivery Network Market By Type, By Service
Provider, By Solution, By Adjacent Service, By End User, By Country,
Competition Forecast & Opportunities, 2013 – 2023” has evaluated the future growth potential of content
delivery network market in South America and provides statistics and
information on market structure, size, share and trends. The report is intended
to provide cutting-edge market intelligence and help decision makers take sound
investment decision. Besides, the report also identifies and analyzes the
emerging trends along with essential drivers, challenges and opportunities
present in South America content delivery network market.
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