Transparent caching is the temporary storage of web content for faster subsequent access. It is invisible or transparent solution to both the content originator and the end user. Transparent caching helps in resolving issues of network congestion which is caused due to bandwidth constraints. Also, it allows video, music, games, and other over-the-top (OTT) content to be delivered quickly, with optimal quality, by bringing it closer to the subscriber. Transparent caching accelerates delivery speeds, improving quality of experience (QoE), and reducing bandwidth requirements that helps in saving costs.
Transparent caching helps in reducing network bandwidth consumption which is a key factor driving growth of the global transparent caching market. In addition, low cost of network infrastructure, low operating expenses, rising adoption of connected devices, and increasing adoption of real time analytics are other factors expected to boost growth of the global transparent caching market over the forecast period.
Current trend in the market is rising demand for transparent caching with CDN service is further boosting demand for transparent caching. This is another factor expected to drive growth of the global transparent caching market over the forecast period.
However, concerns related to data security is a key factor restraining growth of the global transparent caching market. Additionally, lack of skilled workforce is another factor expected to hamper growth of the global transparent caching market over the forecast period.
Increasing preference for social media activities and videos with higher resolutions are expected to generate opportunities for target players to expand their market reach.
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The global transparent caching market segmented on the basis of content type, software, hardware, services, end-user, and region. On the basis of region, the global transparent caching market is segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa.
North America market is a dominant player in the global transparent caching market, and accounts for largest market share in terms of revenue. This dominance can be attributed to increasing implementation of transparent caching and advancement in transparent caching in countries in the region. The market in Asia Pacific projected to register highest growth rate over the forecast period, owing to increased awareness about benefits of transparent caching in emerging economies in the region.
Prominent players profiled in the global transparent caching market include Akamai Technologies, Inc., Blue Coat Systems, Inc., Juniper Networks, Inc., PeerApp Ltd., Qwilt Inc., Cisco Systems, Inc., Ericsson Inc., Google Inc., Nokia Corporation, and Huawei Technologies Co. Ltd.