We recently announced that PeerApp was named to the Streaming Media 100, Streaming Media magazine’s list of the “100 Companies that Matter Most in Online Video.” In addition, PeerApp was also named as an industry leader for content delivery solutions and transparent caching by market analyst firms TechNavio, Markets and Markets, and Core Analysis. (View the full press release here.)
Named #1 Market share leader with 27% in transparent caching in TechNavio’s Global Transparent Caching Market report for 2014-2018. The report cited PeerApp’s strong brand image as well as geographical diversity as key strengths in the marketplace.
PeerApp was named a “key player in the CDN market” and “the leading provider of transparent caching and content delivery platforms” in Markets and Markets Global Content Delivery Networks (CDN) report.
Patrick Lopez of Core Analysis writes, “PeerApp has almost single-handedly created the transparent caching market segment for mobile network operators….the company has clear positioning and value proposition.” He explains that solutions like PeerApp can be used for all types of content services, both on-deck and off-deck, which is different from proprietary approaches which selectively cache only specific content and services.
The video, media & entertainment tsunami is not expected to ebb anytime soon and will have increased need for solutions like PeerApp’s, according to these industry experts. TechNavio forecasts that the transparent caching market will grow at a CAGR of 31.3 percent over the period 2013-2018 and Market and Markets predicts that transparent caching will be the fastest growing market in the total CDN market space by the year 2019. Much of this is being driven by operators’ needs to complement investments already made around ‘very fast’ next-generation broadband so that they can deliver media and entertainment with the quality of experience subscribers expect. We are proud that 450 customers around the world have chosen PeerApp solutions as their local content delivery capability, and look forward to continue to help our customers realize value as they ride the waves of more and more Internet content consumption.