AccuStream Research: CDN Revenue Climbs to $950 Million in ’07, $1.25 Bil. Forecast in ’08; Entertainment at 44% Share
SALINAS, Calif.--(BUSINESS WIRE)--CDNs (Content Delivery Networks) generated $947 million in account revenue in 2007, forecast to grow by 32% in ‘08.
Commercial market value (transit, retail, self-hosted delivery) for audio, video, streaming advertising, progressive download, Podcasting and download entertainment was worth $589.1 million in 2007, according to the multi-year sector analytics report CDN Market Growth 2006 – 2009, published by AccuStream Research.
CDN delivery contracts for audio and video generated $404.1 million (retail and transit); media and entertainment captured 42.7% of that vertical.
CDNs handled 68.8% of total professional video in 2007, 28% of Internet music ratio listening hours and 40% of UGV.
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