Global Transparent Cache Market 2017-2021

Overview of the global transparent cache market

According to Technavio’s market research report, the global transparent cache market will grow rapidly and post an impressive CAGR of more than 36% during the forecast period. The increasing number of cost-efficient solutions provided by various vendors will drive the growth prospects for the global transparent cache market from 2017 to 2021. With the growing trend for online video content, the market is experiencing a high demand for data and streaming that compels Internet service providers to invest a huge amount in upgrading their networks by improving bandwidth management. This helps them to accommodate the increasing volume of data and improve their profit margins. Consequently, these service providers are increasingly adopting the concept of transparent caching since it reduces network loads by storing content on the server close to the end-user. Furthermore, transparent caching also helps to reduce capital expenditure and enhances the subscriber's quality of experience (QoE), which in turn, will accelerate the growth of the market.

During 2016, the Americas contributed for the highest share of the transparent cache market. However, due to factors including the increased dependance of various network operators such as China Telecom, NTT, Singtel, and Bharti Airtel in countries like Japan, South Korea, and Singapore on transparent cache to provide an enhanced QoS to the end-users and improve networks, APAC will be the major revenue contributor to the market by the end of the forecast period.

Competitive landscape and key vendors

The transparent cache market is characterized by the presence of numerous vendors and is highly competitive. Factors such as intense competition, rapid advances in technology, and frequent changes in consumer preferences pose as significant risks to the growth of the vendors in this marketspace. Vendors are increasingly competing against each other based on factors such as performance, innovation, cost, and financial stability. The competitive environment of the market will intensify in the coming years due to product extensions and rapid technological changes. To survive and succeed in this highly competitive environment, vendors are increasingly concentrating on distinguishing their products and service offerings through a clear and unique value proposition.

Key vendors in this market are -

• Akamai Technologies
• Blue Coat Systems
• Juniper Networks
• PeerApp
• Qwilt

Other prominent vendors in the market include Alcatel-Lucent Enterprise, Allot Communications, ARA Networks, Brocade Communications Systems, Conversant, Cisco Systems, CacheNetworks, EdgeCast Networks, Fortinet, Google, Huawei, MARA Systems, NTT Communications, PacNet Services, and SwiftServe.

Segmentation by type and analysis of the transparent cache market

• Transparent video caching
• Transparent non-video caching

During 2016, the transparent video caching segment dominated the global transparent cache market and will continue to dominate the market in the forthcoming years. Since transparent cache is efficient in managing video data traffic, they are highly preferred by various service providers to deliver video content to their end-users. Factors such as the growing use of rich media files across the media, enterprise, and entertainment sectors and the rising penetration of broadband services, are resulting in the maximum usage of transparent video caches.

Segmentation by core solution and analysis of the transparent cache market

• Cloud security
• Media delivery
• Web performance optimization

The global transparent cache market was dominated by the web performance optimization segment during 2016. Transparent cache streamlines access to online content and offers high quality of service (QoS) to the end-users, which will fuel the growth of this market segment. According to this market research and analysis, this segment will continue to dominate the market throughout the next four years as well.

Key questions answered in the report include

• What will the market size and the growth rate be in 2021?
• What are the key factors driving the global transparent cache market?
• What are the key market trends impacting the growth of the global transparent cache market?
• What are the challenges to market growth?
• Who are the key vendors in the global transparent cache market?
• What are the market opportunities and threats faced by the vendors in the global transparent cache market?
• What are the trending factors influencing the market shares of the Americas, APAC, and EMEA?
• What are the key outcomes of the five forces analysis of the global transparent cache market?

Technavio also offers customization on reports based on specific client requirement.

Caching refers to the temporary storage of web content for faster subsequent access. Transparent cache is a solution that allows the service providers to offload a large amount of web content by storing a cached copy.To help clients gain an actionable intelligence, the market research firm Technavio provides an extensive collection of industry research reports on the several aspects of the internet and e-commerce sector. The market intelligence reports from Technavio also provides detailed information on several international and regional players of the media and entertainment industry.

To determine the industry’s growth prospects, market analysts at Technavio follow a collaboration of quantitative and qualitative data collection methods and consider elements like the market size and the demand for multiple products across different regions across the globe. Our forthcoming market research report on transparent cache market for the prediction period of 2017 to 2021 will support clients infer the constantly changing market landscape of the media and entertainment industry. The impending report on transparent cache market also takes into account the growth of the corresponding markets such as video analytics market and VR gaming market, which are expected to grow at a CAGR of close to 34% and more than 67% until 2021. According to our research analysts, with the recent increase in Internet speed and improvements in video quality, there has been a steep increase in video data streaming. This, in turn, is expected to support the growth of the global transparent cache market over the next four years.

The upcoming industry research report on transparent cache market also identifies the primary drivers, impending trends, coupled with the key challenges currently experienced by the internet and e-commerce sector. It also presents a detailed insight into the dynamically changing competitive landscape, in order to give you an extensive insight of the future direction of the media and entertainment industry.