NEW YORK, NY -- (Marketwire) -- 11/25/11 -- As the internet world continues to grow, the content delivery industry has garnered significant notoriety in the technology sector. A shift in demand to the data segment of communications companies has taken place, and large companies are exceeding their data capacities, making the need for a third party host necessary. The Paragon Report examines the outlook for companies in the Technology Sector and provides research reports on Level 3 Communications, Inc. (NASDAQ: LVLT) and Rackspace Hosting, Inc. (NYSE: RAX). Access to the full company reports can be found at:
A report from Global Industry Analysts (GIA) estimates that the global Content Delivery Network (CDN) market is projected to reach $4.7 billion by 2015. According to the report, key factors driving market growth include increased penetration of broadband services and expanding deployments of rich-media files across media, enterprise and entertainment. Additionally, GIA says that growth of video content over the Internet, increasing use of Internet for transfer of rich content, and consistent use of Internet among business sector for information exchange and communication are driving the CDN market.
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Level 3 Communications is a well-diversified company across 145 markets in service in North America and approximately 45 markets in service in Europe. The company holds approximately 6.9 million square feet of Gateway and transmission facilities in North America and Europe, and substantial transoceanic cable system capacity, primarily across the Atlantic Ocean.
Earlier this year Rackspace Hosting, the world's leading specialist in the hosting and cloud computing industry, and Akamai Technologies, the leading provider of cloud optimization services, announced a strategic relationship that will enable Rackspace to offer Akamai's web acceleration and cloud optimization services as part of its dedicated and cloud hosting portfolio. Rackspace will include Akamai solutions, either as an add-on or as an embedded suite of services, as part of Rackspace's full range of offerings across dedicated, cloud, and hybrid hosting.
The Paragon Report has not been compensated by any of the above-mentioned publicly traded companies. Paragon Report is compensated by other third party organizations for advertising services. We act as an independent research portal and are aware that all investment entails inherent risks. Please view the full disclaimer at http://www.paragonreport.com/disclaimer