▶ 調査レポート

コンテンツ配信ネットワークの世界市場 2020年

• 英文タイトル:Global Content Delivery Network Market 2020 by Company, Regions, Type and Application, Forecast to 2025

GlobalInfoResearchが調査・発行した産業分析レポートです。コンテンツ配信ネットワークの世界市場 2020年 / Global Content Delivery Network Market 2020 by Company, Regions, Type and Application, Forecast to 2025 / GIR201114022資料のイメージです。• レポートコード:GIR201114022
• 出版社/出版日:GlobalInfoResearch / 2020年10月
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• レポート形態:英文、PDF、105ページ
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レポート概要
本書では、コンテンツ配信ネットワークの世界市場を調査対象にし、コンテンツ配信ネットワークの市場概要、企業情報、企業別売上・市場シェア、地域別市場分析(北米、アメリカ、ヨーロッパ、アジア、日本、中国、南米、中東・アフリカ)、種類別分析(通信CDN、従来型CDN、その他)、用途別分析(Webアクセラレーション、ストリーミング、ゲーム、CDNストレージ)、市場予測(2021年~2025年)情報などを整理しました。
・市場概要
・企業情報:Akamai、MaxCDN、CDNetworks、CDN77、Limelight、Tata、Amazon
・企業別売上、市場シェア
・コンテンツ配信ネットワークの地域別市場分析
・コンテンツ配信ネットワークの北米市場規模2015-2020:アメリカ、カナダ、メキシコ
・コンテンツ配信ネットワークのヨーロッパ市場規模2015-2020:ドイツ、イギリス、フランス、ロシアなど
・コンテンツ配信ネットワークのアジア市場規模2015-2020:日本、中国、韓国、インド、東南アジアなど
・コンテンツ配信ネットワークの南米市場規模2015-2020:ブラジル、アルゼンチンなど
・コンテンツ配信ネットワークの中東・アフリカ市場規模2015-2020:サウジアラビア、トルコ、エジプト、南アフリカなど
・コンテンツ配信ネットワークの種類別市場規模2015-2020:通信CDN、従来型CDN、その他
・コンテンツ配信ネットワークの用途別市場規模2015-2020:Webアクセラレーション、ストリーミング、ゲーム、CDNストレージ
・コンテンツ配信ネットワークの世界市場予測2021-2025:地域別、種類別、用途別
・調査の結果・結論

Market Overview
The global Content Delivery Network market size is expected to gain market growth in the forecast period of 2020 to 2025, with a CAGR of 6.7% in the forecast period of 2020 to 2025 and will expected to reach USD 13310 million by 2025, from USD 10280 million in 2019.

The Content Delivery Network market report provides a detailed analysis of global market size, regional and country-level market size, segmentation market growth, market share, competitive Landscape, sales analysis, impact of domestic and global market players, value chain optimization, trade regulations, recent developments, opportunities analysis, strategic market growth analysis, product launches, area marketplace expanding, and technological innovations.

Market segmentation
Content Delivery Network market is split by Type and by Application. For the period 2015-2025, the growth among segments provide accurate calculations and forecasts for sales by Type and by Application in terms of volume and value. This analysis can help you expand your business by targeting qualified niche markets.

By Type, Content Delivery Network market has been segmented into:
Telecom CDN
Conventional CDN
Other

By Application, Content Delivery Network has been segmented into:
Web Acceleration
Streaming
Gaming
CDN Storage

Regions and Countries Level Analysis
Regional analysis is another highly comprehensive part of the research and analysis study of the global Content Delivery Network market presented in the report. This section sheds light on the sales growth of different regional and country-level Content Delivery Network markets. For the historical and forecast period 2015 to 2025, it provides detailed and accurate country-wise volume analysis and region-wise market size analysis of the global Content Delivery Network market.

The report offers in-depth assessment of the growth and other aspects of the Content Delivery Network market in important countries (regions), including:
North America (United States, Canada and Mexico)
Europe (Germany, France, UK, Russia and Italy)
Asia-Pacific (China, Japan, Korea, India, Southeast Asia and Australia)
South America (Brazil, Argentina, Colombia)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)

Competitive Landscape and Content Delivery Network Market Share Analysis
Content Delivery Network competitive landscape provides details by vendors, including company overview, company total revenue (financials), market potential, global presence, Content Delivery Network sales and revenue generated, market share, price, production sites and facilities, SWOT analysis, product launch. For the period 2015-2020, this study provides the Content Delivery Network sales, revenue and market share for each player covered in this report.

The major players covered in Content Delivery Network are:
Akamai
MaxCDN
CDNetworks
CDN77
Limelight
Tata
Amazon

レポート目次

Table of Contents

1 Content Delivery Network Market Overview
1.1 Product Overview and Scope of Content Delivery Network
1.2 Classification of Content Delivery Network by Type
1.2.1 Global Content Delivery Network Revenue by Type: 2015 VS 2019 VS 2025
1.2.2 Global Content Delivery Network Revenue Market Share by Type in 2019
1.2.3 Telecom CDN
1.2.4 Conventional CDN
1.2.5 Other
1.3 Global Content Delivery Network Market by Application
1.3.1 Overview: Global Content Delivery Network Revenue by Application: 2015 VS 2019 VS 2025
1.3.2 Web Acceleration
1.3.3 Streaming
1.3.4 Gaming
1.3.5 CDN Storage
1.4 Global Content Delivery Network Market by Regions
1.4.1 Global Content Delivery Network Market Size by Regions: 2015 VS 2019 VS 2025
1.4.2 Global Market Size of Content Delivery Network (2015-2025)
1.4.3 North America (USA, Canada and Mexico) Content Delivery Network Status and Prospect (2015-2025)
1.4.4 Europe (Germany, France, UK, Russia and Italy) Content Delivery Network Status and Prospect (2015-2025)
1.4.5 Asia-Pacific (China, Japan, Korea, India and Southeast Asia) Content Delivery Network Status and Prospect (2015-2025)
1.4.6 South America (Brazil, Argentina, Colombia) Content Delivery Network Status and Prospect (2015-2025)
1.4.7 Middle East & Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa) Content Delivery Network Status and Prospect (2015-2025)
2 Company Profiles
2.1 Akamai
2.1.1 Akamai Details
2.1.2 Akamai Major Business and Total Revenue (Financial Highlights) Analysis
2.1.3 Akamai SWOT Analysis
2.1.4 Akamai Product and Services
2.1.5 Akamai Content Delivery Network Revenue, Gross Margin and Market Share (2018-2019)
2.2 MaxCDN
2.2.1 MaxCDN Details
2.2.2 MaxCDN Major Business and Total Revenue (Financial Highlights) Analysis
2.2.3 MaxCDN SWOT Analysis
2.2.4 MaxCDN Product and Services
2.2.5 MaxCDN Content Delivery Network Revenue, Gross Margin and Market Share (2018-2019)
2.3 CDNetworks
2.3.1 CDNetworks Details
2.3.2 CDNetworks Major Business and Total Revenue (Financial Highlights) Analysis
2.3.3 CDNetworks SWOT Analysis
2.3.4 CDNetworks Product and Services
2.3.5 CDNetworks Content Delivery Network Revenue, Gross Margin and Market Share (2018-2019)
2.4 CDN77
2.4.1 CDN77 Details
2.4.2 CDN77 Major Business and Total Revenue (Financial Highlights) Analysis
2.4.3 CDN77 SWOT Analysis
2.4.4 CDN77 Product and Services
2.4.5 CDN77 Content Delivery Network Revenue, Gross Margin and Market Share (2018-2019)
2.5 Limelight
2.5.1 Limelight Details
2.5.2 Limelight Major Business and Total Revenue (Financial Highlights) Analysis
2.5.3 Limelight SWOT Analysis
2.5.4 Limelight Product and Services
2.5.5 Limelight Content Delivery Network Revenue, Gross Margin and Market Share (2018-2019)
2.6 Tata
2.6.1 Tata Details
2.6.2 Tata Major Business and Total Revenue (Financial Highlights) Analysis
2.6.3 Tata SWOT Analysis
2.6.4 Tata Product and Services
2.6.5 Tata Content Delivery Network Revenue, Gross Margin and Market Share (2018-2019)
2.7 Amazon
2.7.1 Amazon Details
2.7.2 Amazon Major Business and Total Revenue (Financial Highlights) Analysis
2.7.3 Amazon SWOT Analysis
2.7.4 Amazon Product and Services
2.7.5 Amazon Content Delivery Network Revenue, Gross Margin and Market Share (2018-2019)
3 Market Competition, by Players
3.1 Global Content Delivery Network Revenue and Share by Players (2015-2020)
3.2 Market Concentration Rate
3.2.1 Top 5 Content Delivery Network Players Market Share
3.2.2 Top 10 Content Delivery Network Players Market Share
3.3 Market Competition Trend
4 Market Size by Regions
4.1 Global Content Delivery Network Revenue and Market Share by Regions
4.2 North America Content Delivery Network Revenue and Growth Rate (2015-2020)
4.3 Europe Content Delivery Network Revenue and Growth Rate (2015-2020)
4.4 Asia-Pacific Content Delivery Network Revenue and Growth Rate (2015-2020)
4.5 South America Content Delivery Network Revenue and Growth Rate (2015-2020)
4.6 Middle East & Africa Content Delivery Network Revenue and Growth Rate (2015-2020)
5 North America Content Delivery Network Revenue by Countries
5.1 North America Content Delivery Network Revenue by Countries (2015-2020)
5.2 USA Content Delivery Network Revenue and Growth Rate (2015-2020)
5.3 Canada Content Delivery Network Revenue and Growth Rate (2015-2020)
5.4 Mexico Content Delivery Network Revenue and Growth Rate (2015-2020)
6 Europe Content Delivery Network Revenue by Countries
6.1 Europe Content Delivery Network Revenue by Countries (2015-2020)
6.2 Germany Content Delivery Network Revenue and Growth Rate (2015-2020)
6.3 UK Content Delivery Network Revenue and Growth Rate (2015-2020)
6.4 France Content Delivery Network Revenue and Growth Rate (2015-2020)
6.5 Russia Content Delivery Network Revenue and Growth Rate (2015-2020)
6.6 Italy Content Delivery Network Revenue and Growth Rate (2015-2020)
7 Asia-Pacific Content Delivery Network Revenue by Countries
7.1 Asia-Pacific Content Delivery Network Revenue by Countries (2015-2020)
7.2 China Content Delivery Network Revenue and Growth Rate (2015-2020)
7.3 Japan Content Delivery Network Revenue and Growth Rate (2015-2020)
7.4 Korea Content Delivery Network Revenue and Growth Rate (2015-2020)
7.5 India Content Delivery Network Revenue and Growth Rate (2015-2020)
7.6 Southeast Asia Content Delivery Network Revenue and Growth Rate (2015-2020)
8 South America Content Delivery Network Revenue by Countries
8.1 South America Content Delivery Network Revenue by Countries (2015-2020)
8.2 Brazil Content Delivery Network Revenue and Growth Rate (2015-2020)
8.3 Argentina Content Delivery Network Revenue and Growth Rate (2015-2020)
9 Middle East & Africa Revenue Content Delivery Network by Countries
9.1 Middle East & Africa Content Delivery Network Revenue by Countries (2015-2020)
9.2 Saudi Arabia Content Delivery Network Revenue and Growth Rate (2015-2020)
9.3 UAE Content Delivery Network Revenue and Growth Rate (2015-2020)
9.4 Egypt Content Delivery Network Revenue and Growth Rate (2015-2020)
9.5 South Africa Content Delivery Network Revenue and Growth Rate (2015-2020)
10 Market Size Segment by Type
10.1 Global Content Delivery Network Revenue and Market Share by Type (2015-2020)
10.2 Global Content Delivery Network Market Forecast by Type (2019-2024)
10.3 Telecom CDN Revenue Growth Rate (2015-2025)
10.4 Conventional CDN Revenue Growth Rate (2015-2025)
10.5 Other Revenue Growth Rate (2015-2025)
11 Global Content Delivery Network Market Segment by Application
11.1 Global Content Delivery Network Revenue Market Share by Application (2015-2020)
11.2 Content Delivery Network Market Forecast by Application (2019-2024)
11.3 Web Acceleration Revenue Growth (2015-2020)
11.4 Streaming Revenue Growth (2015-2020)
11.5 Gaming Revenue Growth (2015-2020)
11.6 CDN Storage Revenue Growth (2015-2020)
12 Global Content Delivery Network Market Size Forecast (2021-2025)
12.1 Global Content Delivery Network Market Size Forecast (2021-2025)
12.2 Global Content Delivery Network Market Forecast by Regions (2021-2025)
12.3 North America Content Delivery Network Revenue Market Forecast (2021-2025)
12.4 Europe Content Delivery Network Revenue Market Forecast (2021-2025)
12.5 Asia-Pacific Content Delivery Network Revenue Market Forecast (2021-2025)
12.6 South America Content Delivery Network Revenue Market Forecast (2021-2025)
12.7 Middle East & Africa Content Delivery Network Revenue Market Forecast (2021-2025)
13 Research Findings and Conclusion
14 Appendix
14.1 Methodology
14.2 Data Source
14.3 Disclaimer
14.4 About US

List of Tables

Table 1. Global Content Delivery Network Revenue (USD Million) by Type: 2015 VS 2019 VS 2025
Table 2. Breakdown of Content Delivery Network by Company Type (Tier 1, Tier 2 and Tier 3)
Table 3. Global Content Delivery Network Revenue (USD Million) by Application: 2015 VS 2019 VS 2025
Table 4. Global Market Content Delivery Network Revenue (Million USD) Comparison by Regions 2015-2025
Table 5. Akamai Corporate Information, Location and Competitors
Table 6. Akamai Content Delivery Network Major Business
Table 7. Akamai Content Delivery Network Total Revenue (USD Million) (2017-2018)
Table 8. Akamai SWOT Analysis
Table 9. Akamai Content Delivery Network Product and Solutions
Table 10. Akamai Content Delivery Network Revenue (USD Million), Gross Margin and Market Share (2018-2019)
Table 11. MaxCDN Corporate Information, Location and Competitors
Table 12. MaxCDN Content Delivery Network Major Business
Table 13. MaxCDN Content Delivery Network Total Revenue (USD Million) (2018-2019)
Table 14. MaxCDN SWOT Analysis
Table 15. MaxCDN Content Delivery Network Product and Solutions
Table 16. MaxCDN Content Delivery Network Revenue (USD Million), Gross Margin and Market Share (2018-2019)
Table 17. CDNetworks Corporate Information, Location and Competitors
Table 18. CDNetworks Content Delivery Network Major Business
Table 19. CDNetworks Content Delivery Network Total Revenue (USD Million) (2017-2018)
Table 20. CDNetworks SWOT Analysis
Table 21. CDNetworks Content Delivery Network Product and Solutions
Table 22. CDNetworks Content Delivery Network Revenue (USD Million), Gross Margin and Market Share (2018-2019)
Table 23. CDN77 Corporate Information, Location and Competitors
Table 24. CDN77 Content Delivery Network Major Business
Table 25. CDN77 Content Delivery Network Total Revenue (USD Million) (2017-2018)
Table 26. CDN77 SWOT Analysis
Table 27. CDN77 Content Delivery Network Product and Solutions
Table 28. CDN77 Content Delivery Network Revenue (USD Million), Gross Margin and Market Share (2018-2019)
Table 29. Limelight Corporate Information, Location and Competitors
Table 30. Limelight Content Delivery Network Major Business
Table 31. Limelight Content Delivery Network Total Revenue (USD Million) (2017-2018)
Table 32. Limelight SWOT Analysis
Table 33. Limelight Content Delivery Network Product and Solutions
Table 34. Limelight Content Delivery Network Revenue (USD Million), Gross Margin and Market Share (2018-2019)
Table 35. Tata Corporate Information, Location and Competitors
Table 36. Tata Content Delivery Network Major Business
Table 37. Tata Content Delivery Network Total Revenue (USD Million) (2017-2018)
Table 38. Tata SWOT Analysis
Table 39. Tata Content Delivery Network Product and Solutions
Table 40. Tata Content Delivery Network Revenue (USD Million), Gross Margin and Market Share (2018-2019)
Table 41. Amazon Corporate Information, Location and Competitors
Table 42. Amazon Content Delivery Network Major Business
Table 43. Amazon Content Delivery Network Total Revenue (USD Million) (2017-2018)
Table 44. Amazon SWOT Analysis
Table 45. Amazon Content Delivery Network Product and Solutions
Table 46. Amazon Content Delivery Network Revenue (USD Million), Gross Margin and Market Share (2018-2019)
Table 47. Global Content Delivery Network Revenue (Million USD) by Players (2015-2020)
Table 48. Global Content Delivery Network Revenue Share by Players (2015-2020)
Table 49. Global Content Delivery Network Revenue (Million USD) by Regions (2015-2020)
Table 50. Global Content Delivery Network Revenue Market Share by Regions (2015-2020)
Table 51. North America Content Delivery Network Revenue by Countries (2015-2020)
Table 52. North America Content Delivery Network Revenue Market Share by Countries (2015-2020)
Table 53. Europe Content Delivery Network Revenue (Million USD) by Countries (2015-2020)
Table 54. Asia-Pacific Content Delivery Network Revenue (Million USD) by Countries (2015-2020)
Table 55. South America Content Delivery Network Revenue by Countries (2015-2020)
Table 56. South America Content Delivery Network Revenue Market Share by Countries (2015-2020)
Table 57. Middle East and Africa Content Delivery Network Revenue (Million USD) by Countries (2015-2020)
Table 58. Middle East and Africa Content Delivery Network Revenue Market Share by Countries (2015-2020)
Table 59. Global Content Delivery Network Revenue (Million USD) by Type (2015-2020)
Table 60. Global Content Delivery Network Revenue Share by Type (2015-2020)
Table 61. Global Content Delivery Network Revenue Forecast by Type (2021-2025)
Table 62. Global Content Delivery Network Revenue by Application (2015-2020)
Table 63. Global Content Delivery Network Revenue Share by Application (2015-2020)
Table 64. Global Content Delivery Network Revenue Forecast by Application (2021-2025)
Table 65. Global Content Delivery Network Revenue (Million USD) Forecast by Regions (2021-2025)
List of Figures
Figure 1. Content Delivery Network Picture
Figure 2. Global Content Delivery Network Revenue Market Share by Type in 2019
Figure 3. Telecom CDN Picture
Figure 4. Conventional CDN Picture
Figure 5. Other Picture
Figure 6. Content Delivery Network Revenue Market Share by Application in 2019
Figure 7. Web Acceleration Picture
Figure 8. Streaming Picture
Figure 9. Gaming Picture
Figure 10. CDN Storage Picture
Figure 11. Global Content Delivery Network Revenue (USD Million) and Growth Rate (2015-2025)
Figure 12. North America Content Delivery Network Revenue (Million USD) and Growth Rate (2015-2025)
Figure 13. Europe Content Delivery Network Revenue (Million USD) and Growth Rate (2015-2025)
Figure 14. Asia-Pacific Content Delivery Network Revenue (Million USD) and Growth Rate (2015-2025)
Figure 15. South America Content Delivery Network Revenue (Million USD) and Growth Rate (2015-2025)
Figure 16. Middle East and Africa Content Delivery Network Revenue (Million USD) and Growth Rate (2015-2025)
Figure 17. Global Content Delivery Network Revenue (Million USD) and Growth Rate (2015-2025)
Figure 18. Global Content Delivery Network Revenue Share by Players in 2019
Figure 19. Global Top 5 Players Content Delivery Network Revenue Market Share in 2019
Figure 20. Global Top 10 Players Content Delivery Network Revenue Market Share in 2019
Figure 21. Key Players Market Share Trend
Figure 22. Global Content Delivery Network Revenue (Million USD) and Growth Rate (%) (2015-2020)
Figure 23. Global Content Delivery Network Revenue Market Share by Regions (2015-2020)
Figure 24. Global Content Delivery Network Revenue Market Share by Regions in 2018
Figure 25. North America Content Delivery Network Revenue and Growth Rate (2015-2020)
Figure 26. Europe Content Delivery Network Revenue and Growth Rate (2015-2020)
Figure 27. Asia-Pacific Content Delivery Network Revenue and Growth Rate (2015-2020)
Figure 28. South America Content Delivery Network Revenue and Growth Rate (2015-2020)
Figure 29. Middle East and Africa Content Delivery Network Revenue and Growth Rate (2015-2020)
Figure 30. North America Content Delivery Network Revenue Market Share by Countries (2015-2020)
Figure 31. North America Content Delivery Network Revenue Market Share by Countries in 2019
Figure 32. USA Content Delivery Network Revenue and Growth Rate (2015-2020)
Figure 33. Canada Content Delivery Network Revenue and Growth Rate (2015-2020)
Figure 34. Mexico Content Delivery Network Revenue and Growth Rate (2015-2020)
Figure 35. Europe Content Delivery Network Revenue Market Share by Countries (2015-2020)
Figure 36. Europe Content Delivery Network Revenue Market Share by Countries in 2019
Figure 37. Germany Content Delivery Network Revenue and Growth Rate (2015-2020)
Figure 38. UK Content Delivery Network Revenue and Growth Rate (2015-2020)
Figure 39. France Content Delivery Network Revenue and Growth Rate (2015-2020)
Figure 40. Russia Content Delivery Network Revenue and Growth Rate (2015-2020)
Figure 41. Italy Content Delivery Network Revenue and Growth Rate (2015-2020)
Figure 42. Asia-Pacific Content Delivery Network Revenue Market Share by Countries (2015-2020)
Figure 43. Asia-Pacific Content Delivery Network Revenue Market Share by Countries in 2019
Figure 44. China Content Delivery Network Revenue and Growth Rate (2015-2020)
Figure 45. Japan Content Delivery Network Revenue and Growth Rate (2015-2020)
Figure 46. Korea Content Delivery Network Revenue and Growth Rate (2015-2020)
Figure 47. India Content Delivery Network Revenue and Growth Rate (2015-2020)
Figure 48. Southeast Asia Content Delivery Network Revenue and Growth Rate (2015-2020)
Figure 49. South America Content Delivery Network Revenue Market Share by Countries (2015-2020)
Figure 50. South America Content Delivery Network Revenue Market Share by Countries in 2019
Figure 51. Brazil Content Delivery Network Revenue and Growth Rate (2015-2020)
Figure 52. Argentina Content Delivery Network Revenue and Growth Rate (2015-2020)
Figure 53. Middle East and Africa Content Delivery Network Revenue Market Share by Countries (2015-2020)
Figure 54. Middle East and Africa Content Delivery Network Revenue Market Share by Countries in 2019
Figure 55. Saudi Arabia Content Delivery Network Revenue and Growth Rate (2015-2020)
Figure 56. UAE Content Delivery Network Revenue and Growth Rate (2015-2020)
Figure 57. Egypt Content Delivery Network Revenue and Growth Rate (2015-2020)
Figure 58. South Africa Content Delivery Network Revenue and Growth Rate (2015-2020)
Figure 59. Global Content Delivery Network Revenue Share by Type (2015-2020)
Figure 60. Global Content Delivery Network Revenue Share by Type in 2019
Figure 61. Global Content Delivery Network Market Share Forecast by Type (2021-2025)
Figure 62. Global Telecom CDN Revenue Growth Rate (2015-2020)
Figure 63. Global Conventional CDN Revenue Growth Rate (2015-2020)
Figure 64. Global Other Revenue Growth Rate (2015-2020)
Figure 65. Global Content Delivery Network Revenue Share by Application (2015-2020)
Figure 66. Global Content Delivery Network Revenue Share by Application in 2019
Figure 67. Global Content Delivery Network Market Share Forecast by Application (2021-2025)
Figure 68. Global Web Acceleration Revenue Growth Rate (2015-2020)
Figure 69. Global Streaming Revenue Growth Rate (2015-2020)
Figure 70. Global Gaming Revenue Growth Rate (2015-2020)
Figure 71. Global CDN Storage Revenue Growth Rate (2015-2020)
Figure 72. Global Content Delivery Network Revenue (Million USD) and Growth Rate Forecast (2021-2025)
Figure 73. Global Content Delivery Network Revenue (Million USD) Forecast by Regions (2021-2025)
Figure 74. Global Content Delivery Network Revenue Market Share Forecast by Regions (2021-2025)
Figure 75. North America Content Delivery Network Revenue Market Forecast (2021-2025)
Figure 76. Europe Content Delivery Network Revenue Market Forecast (2021-2025)
Figure 77. Asia-Pacific Content Delivery Network Revenue Market Forecast (2021-2025)
Figure 78. South America Content Delivery Network Revenue Market Forecast (2021-2025)
Figure 79. Middle East and Africa Content Delivery Network Revenue Market Forecast (2021-2025)
Figure 80. Sales Channel: Direct Channel vs Indirect Channel