The transparent caching market is growing rapidly with improving internet connectivity. Rising online video streaming activities and advances in caching equipments drive the market growth, helping Internet service providers to meet growing demand from consumers. Besides, rising demand for improved network efficiency and video quality for live video streams substantiate the market size.
With the rise in on-demand videos and streaming solutions with additional features, the market is expected to garner huge traction in the next few years. In this regard, Market Research Future (MRFR) asserts that the global transparent caching market is projected to reach an exponential valuation by 2027, growing at a phenomenal CAGR during the anticipated period (2020 – 2027).
Many broadband ISPs and mobile operators employ mobile content delivery networks to tackle pressures on their networks and help to cache popular content closer to their end-users. The growing trend of extensive video content over the internet acts as a tailwind for market growth. Additionally, improving professional expertise in digital learning and increasing numbers of mobile learning applications defines the growing market landscape.
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Global Transparent Caching Market - Segmentation
The transparent caching market report is segmented into types, components, solutions, end-users, and regions. The type segment is sub-segmented into transparent video caching and non-transparent video caching.
The component segment is sub-segmented into hardware, software, and services. The sub-segment hardware comprises converged servers and switches. The sub-segment service comprises professional and managed services. The solutions segment is sub-segmented into cloud security, media delivery, and web performance optimization.
The end-users segment is sub-segmented into telecom operators, government organizations, internet service providers, DTH providers, and others. The region segment is sub-segmented into Asia Pacific, Americas, Europe, and rest-of-the-world.
Global Transparent Caching Market - Regional Analysis
North America dominates the global transparent caching market. The strong presence of major players and the need for improved bandwidth among enterprises are major factors driving the regional market growth. Rising awareness towards transparent caching advantages and the need for reducing infrastructure costs foster the size of the market.
Besides, factors such as rapid technological advancements and the proliferation of the internet, mobiles, tablets, and other smart connected devices in the region accelerate market revenues. Additionally, the well-developed economy of the region propels the growth of the market, allowing the penetration of connectivity and connected devices.
Transparent Caching Market - Competitive Analysis
The well-established transparent caching market appears highly competitive due to the presence of several large and small players. Leading players incorporate collaboration, mergers & acquisitions, product launches, and expansion to gain a larger competitive advantage.
Major Players:
Players leading the transparent caching market include Cisco Systems, Inc. (US), MARA Systems GmbH (Germany), Citrix Systems, Inc. (US), Ericsson AB (Sweden), Google Inc. (US), Huawei Technologies Co., Ltd (China), Qwilt (US), Nokia Corporation (Finland), Symantec Corporation (US), Level 3 Communications, LLC (US), Ara Networks (South Korea), SuperLumin Networks LLC (US), PacNet Services (Canada), Kollective Technology, Inc. (US), Alcatel-Lucent Enterprise (France), Fortinet, Inc. (US), NTT Communications (Japan), Akamai Technologies, Inc. (US), SwiftServe (Singapore), Brocade Communications System, Inc. (US), and Allot Communications (Israel), among others.
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Industry/ Innovation/ Related News
June 04, 2021 --- Varnish Software announced the release of its caching technology update. The new version of Varnish Enterprise, its flagship caching software, adds features and optimizations designed to enhance the software and make it easier to build complex edge logic and succeed in multi-tenant environments.
The latest release reflects the extending capabilities of Varnish Enterprise as a platform for building tailored content delivery services with flexible, hardware-agnostic caching and edge computing tools. Varnish Enterprise is the company’s commercial software, developed for enterprise content providers and network operators, with features aimed at specific business needs.
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