Transparent Caching Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028
Market Overview:
The global transparent caching market size reached US$ 3.7 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 17.5 Billion by 2028, exhibiting a growth rate (CAGR) of 27.8% during 2023-2028.
Transparent caching refers to the process of storing data close to the subscriber so that future requests for the same can be served quickly. Although caching was the sole domain of website hosting and serving, it has now moved to mainstream computing and is even integrated into new operating systems. In the world of transparent caching, content is not pre-provisioned; however, the system has to identify which is the most popular content across various sources and then store it for local delivery. The caching and distribution can be done on a statistical basis by detecting the most requested content, or in accordance with business rules wherein an operator would propagate to the local delivery layer via open application program interfaces (APIs).
Transparent caching offers numerous advantages, such as improving the performance and Quality of Experience (QoE) for the end users and reducing network bandwidth consumption. It also helps in lowering capital expense (CAPEX) and operating expense (OPEX) by enabling the existing network routers, switches and internet links to handle more traffic. Moreover, the growing video content represents another major factor driving the market growth, as it is the largest and fastest growing type of network traffic load, especially over mobile devices. Moreover, many leading IT firms are advancing caching technology as a fully managed service to speed deployment and streamline ongoing operations. For instance, Qwilt, an Edge Cloud application developer, has introduced “Qwilt Live Stream Cache,” a caching solution for optimizing both the live and on-demand streaming video by caching content at the network edge, close to consumers.
Key Market Segmentation:
IMARC Group provides an analysis of the key trends in each sub-segment of the global transparent caching market report, along with forecasts at the global, regional and country level from 2023-2028. Our report has categorized the market based on content type, component type and end-user.
Breakup by Content Type:
Live Streaming Videos
Static Videos
Others
Breakup by Component Type:
Software
Policy Management
Security
Analytics
Hardware
Converged Servers
Switches
Services
Professional Services
Managed Services
Breakup by End-User:
ISPs
Telecom Operators
Direct-to-Home (DTH) Cable Service Providers
Enterprises
Governments
Others
Breakup by Region:
Europe
Germany
France
United Kingdom
Italy
Spain
Russia
Others
Asia Pacific
China
Japan
India
South Korea
Australia
Indonesia
Others
North America
United States
Canada
Latin America
Brazil
Mexico
Others
Middle East and Africa
Competitive Landscape:
The competitive landscape of the industry has also been examined with some of the key players being Akamai Technologies Inc., ARA Networks, Brocade Communications Systems, Cisco Systems Inc., Citrix Systems Inc., Ericsson, Fortinet Inc., Google Inc., Huawei Technologies Co. Ltd., Kollective Technology Inc., Level 3 Communications LLC, Nokia Corporation, Qwilt, Superlumin, Symantec Corporation Ltd., etc.
Key Questions Answered in This Report:
How has the global transparent caching market performed so far and how will it perform in the coming years?
What are the key regional markets?
What has been the impact of COVID-19 on the global transparent caching market?
What is the breakup of the market based on the content type?
What is the breakup of the market based on the component type?
What is the breakup of the market based on the software?
What is the breakup of the market based on the hardware?
What is the breakup of the market based on the services?
What is the breakup of the market based on the end-user?
What are the various stages in the value chain of the industry?
What are the key driving factors and challenges in the market?
What is the structure of the global transparent caching market and who are the key players?
What is the degree of competition in the market?