Information Technology

The Future Growth Prospects of Fastly After Its IPO in 2019

The Challenge Over the Next Five Years Will Be Scaling Its Network, Revenue and Customer Base


RELEASE DATE
02-Dec-2019
REGION
North America
DELIVERABLE TYPE
Market Research

RESEARCH CODE
9849-00-8C-00-00
SKU
IT03972-NA-MR_23843
Yes
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The Future Growth Prospects of Fastly After Its IPO in 2019
Published on: 02-Dec-2019 | SKU: IT03972-NA-MR_23843

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Fastly has the potential to become a $500M company in 3 years and hit $1.5B in revenue within 10 years, while also increasing margins in the 70% range. All of the market trends and data points to a big growth opportunity for companies like Fastly over the next few years as more customers demand greater flexibility and better performance across their entire IT business stack. Fastly has also been disciplined over the last few years from an operational level, across product, sales and marketing and has disrupted the market on performance, ease of use, flexibility, and price.


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