Posted by : Randy Cooper in (CDN)

Video CDN Market to Grow to $1.5 Billion by 2013

MOUNTAIN VIEW, Calif., Jan. 30 /PRNewswire/ — The increasing global penetration of high-speed broadband access has popularized the use of video content at higher bit rates and long form content. The demand for web-based video has also received a leg up from the ubiquity of the Internet across consumer electronics, including the PC, smart phones, gaming consoles and media players. This, in turn, has fueled interest among telcos and is expanding the market for content delivery networks (CDN) – despite the current economic slump.

New analysis from Frost & Sullivan (http://www.ict.frost.com) authored by Dan Rayburn and Vidya Nath, World Video Content Delivery Networks Market, finds that the market earned revenues of nearly $400 million in 2008 and estimates this to cross $1.5 billion in 2013.

If you are interested in viewing the Table of Contents, which provides manufacturers, end-users, and other industry participants with an overview of the global video CDN market, then please visit www.cdnreport.com for further details.

Over the last 24 months, CDN vendors have raised over $400 million in capital and have introduced multiple services. With increasing number of media and entertainment companies revamping their online video distribution model and committing high investment to it, there is potential opportunity for the CDN market.

Similarly, corporations, governments, schools and universities, healthcare providers, and retailers have also jumped onto the video bandwagon, using it for training, marketing, and advertising. This longer, more frequent consumption of higher quality video content on numerous devices is creating a pressing need for video content delivery services.

Source: http://news.prnewswire.com/DisplayReleaseContent.aspx?ACCT=104&STORY=/www/story/01-30-2009/0004963348&EDATE=

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