2014-02-14 22:09:01 - Global Network Accelerator Market 2012-2016 - a new market research report on companiesandmarkets.com
The Global Network Accelerator market is to grow at a CAGR of 40.64 percent over the period 2012-2016. One of the key factors contributing to this market growth is the increasing demand for data services. The Global Network Accelerator market has also been witnessing increasing demand for advanced solutions. However, intense vendor competition leading to downward pricing pressure could pose a challenge to the growth of this market.
One of the main trends being witnessed in the Global Network Accelerator market is the growing demand for advanced solutions. The market is witnessing a surge in the volume of enterprise data, which has resulted in numerous network complications. To improve the efficiency of the network and maintain high performance standards, there is
a need for advanced network accelerator solutions. Advanced solutions not only minimize errors and improve network performance, but they also reduce network security risks, which is one of major challenges faced by enterprises.
One of the major drivers in this market is the increasing demand for data services. Network acceleration plays a vital role in enhancing the end-user experience. Hence, network managers need to focus on the impact that the data traffic has on the network and ensure that all network elements are working efficiently.
One of the main challenges in this market is the intense competition among vendors. Several companies in this market are focused on areas related to network acceleration. Hence, vendors are facing downward pricing pressure to provide high-quality solutions at a reasonable cost.
The key vendors dominating this space include Akamai Technologies Inc., Circadence Corp., F5 Networks Inc., and Riverbed Technologies Inc. The other vendors mentioned in the report are Flash Networks Inc., Huawei Technologies Co. Ltd., Juniper Networks Inc., Limelight Networks Inc., Mobixell Networks Inc., Nokia Siemens Networks, and Propel Software Corp.
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