We survey analytical methods and evaluation results for the performance assessment of caching strategies. Knapsack solutions are derived, which provide static caching bounds for independent requests and general bounds for dynamic caching under arbitrary request pattern. We summarize Markov- and time-to-live-based solutions, which assume specific stochastic processes for capturing web request streams and timing. We compare the performance of caching strategies with different knowledge about the properties of data objects regarding a broad set of caching demands. The efficiency of web caching must regard benefits for network wide traffic load, energy consumption and quality-of-service aspects in a tradeoff with costs for updating and storage overheads.
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