$49 per month*
Subscribe to Pro or Enterprise plans to unlock this feature.
Become a smarter investor today.
This statistic highlights Akamai’s Revenue Breakdown by Segment, split across median and carrier division, and web division, reported on a quarterly basis.
|Revenue by Segment||Q3 2020||Q2 2021||Q3 2021||Revenue Mix by Segment in Q3 2021|
|Media and carrier division||$374.78||$421.30||$427.59||49.7%|
(All figures are in millions, except percentages)
Akamai’s total revenue increased from $792.54 million earned in Q3 2020 to $860.33 million earned in Q3 2021, marking a growth of 8.5% on a year-on-year basis. It also grew by 0.88% quarterly, as compared $852.82 million earned in Q2 2021.
Akamai’s revenue can be further bifurcated into the following segments:
Media and carrier division
Akamai’s media delivery facilities are designed to enable organizations to carry out their digital media supply strategies by addressing dimensions and global reach necessities, enlightening the end-user experience, increasing reliability, and decreasing the cost of internet-related groundwork. Primary to these solutions is technology to facilitate variable connection speeds and device types, provide access to different locations around the world, quicken large file downloads, reliably deliver high-quality live data across several devices and platforms, provide inclusive insights and real-time online video monitoring, and offer globally-distributed cloud storage intended for resiliency, high-obtainability, and real-time performance improvement.
Akamai’s carrier offerings are intended to help clients function a cost-efficient network that capitalizes on traffic advancing and new subscriber amenities for safety, traffic administration, and content transfer. Its solutions aid carriers sell easy-to-deploy cyber risk protection services to their subscriber base; services include security from malware, viruses, phishing, and ransomware. Furthermore, its carrier security facilities include parental controls to monitor internet access. They also provide DNS set-up and content delivery services for carriers through their intelligent recursive DNS facilities and organized content delivery network.
The media and carrier division accounted for 49.7% of the company’s total revenue in Q3 2021. Akamai’s revenue from the Media and carrier division amounted to $427.59 million in Q3 2021. It increased by 14.09% on a yearly basis, as compared to $374.78 million earned in Q3 2020. It also witnessed a growth of 1.5% quarterly, as compared to $421.59 earned in Q2 2021.
The company’s web and mobile solutions are designed to provide different websites and applications that have quick response time irrespective of the user’s location, the device used, and internet connection. These services help in intelligent performance optimization and on-the-spot monitoring, network reliability and origin offload, and perceptions that assist enterprises to identify and address performance problems. Akamai web and mobile performance competencies also consist of global traffic management, site quickening, application load management, automated appearance and video optimization, large-scale load analysis, and real-user management.
The company’s web division accounted for 50.3% of the company’s total revenue in Q3 2021. Akamai’s revenue from the Web division increased from $418.06 million earned in Q3 2020 to $432.59 million earned in Q3 2021, depicting a growth of 3.54% on a year-on-year basis. It also grew by 0.31% on a quarterly basis, as compared to $431.52 million earned in Q2 2021.
Akamai delivers solutions for securing and distributing content and business services over the internet. At the core of its facilities is its globally-distributed Akamai Intelligent Edge Platform, which is created to help its clients use the power and reach of the internet while defending them from wicked threats to their business. It installs servers and technology at the “edge” of the internet–creating its availability in more than 130 countries and about 1,400 networks around the globe. This strategy assists the company in unique vision and visibility into traffic intensities, congestion, attack forms, susceptibilities, and other activities across this multifaceted cloud of networks and systems. Leveraging this uniqueness and its position at the edge, it offers its clients solutions made to protect them from extortions and attacks, while authorizing them to securely deliver their business as they engage, entertain and communicate with their clients.
Its strategy is to fulfill the needs of this change by offering safety, presentation, and delivery solutions that offer its customers the competitive upper foot they need. The Akamai Intelligent Edge Platform is dominant in its approach; placing it at the edge of the internet for about 20 years. Its platform is functioning across approximately 4,100 locations around the world, secured together with refined software and algorithms. Through this uniquely persistent presence at the edge, it brings functions, experiences, and business results more rapidly to users — and helps keep occurrences and threats away. It believes the strategic immediacy enabled by this distributed strategy makes it well placed to enable its customers to cost-efficiently deliver higher user experiences that are co-operating, rich, and protected.
Did you like Akamai’s Revenue Breakdown by Segment statistic?
Access more such KPI data points and segment financials on thousands of US stocks, with Business Quant.
You can get started here.
Always know what you’ll pay. No hidden costs or surprises.
* Billed annually, local taxes extra.
* Local taxes extra.