The global content delivery network market is witnessing a spurting rise in revenues. The market growth attributes to the rising proliferation of the Internet of Things (IoT) technology and smart & connected devices such as smartphones and smart TV, etc. Moreover, the growing trend of ‘bring your own device’ (BYOD) policies and mobility among enterprises foster the growth of the market. Also, the emergence of 4K/8K Ultra HD resolution video content escalates the development of the market.
Players Leading Global CDN Market Include:
Akamai Technologies Inc. (US), Limelight Networks Inc. (US), CenturyLink (US), Tata Communications Ltd (India), Fastly Inc (US), StackPath, LLC (US), CDNetworks Co. Ltd (South Korea), Verizon Communications Inc. (US), Amazon.com Inc. (US), AT&T Inc. (US), and Comcast Corporation (US), among others.
Get Free Sample at:
According to Market Research Future (MRFR), the global content delivery network market is projected to expand at 26.5% CAGR throughout the review period (2019 – 2024). Increasing demand for faster response time and decreased downtime of websites creates substantial demand. Surging growth in uses of smart and connected devices and high-speed internet connectivity substantiate market growth. Furthermore, the expanding use of video content over the Internet among users accelerates market sales.
Additionally, rising awareness for the benefits of this type of network and the popularity of OTT platforms worldwide foster market growth. Moreover, the increasing number of mobile learning applications and professional expertise in digital learning influence the growth of the market. With the advances in telecommunication technologies and the growing implementation of IT security contribute to market growth.
Moreover, the rising demand for high-performance content delivery networks increases the market size. Furthermore, the rapid growth in the sharing of content, images, and videos due to the adoption of the Internet, smart devices, mobile phones, and applications propel the growth of the market.
The report is segmented into six dynamics;
By Type: Standard Content Delivery Network, Video Content Delivery Network, and others.
By Solutions: Media Delivery, Web Performance Optimization, Cloud Security, and others.
By Application: OTT Streaming, Network Optimization, Website & API Management, Analytics & Performance Monitoring, and others.
By Service Providers: Telco Content Delivery Network, Traditional Content Delivery Network, Cloud Services Providers, and others.
By Vertical: Media & Entertainment, Retail & E-Commerce, Gaming, BFSI, IT & Telecommunication, Education, and others.
By Regions: North America, Europe, APAC, and the Rest-of-the-World.
North America dominates the global content delivery network market. The largest market share attributes to the presence of several notable players such as Verizon Digital Media, Akamai Technologies Inc., Amazon Web Services, CenturyLink, and others. Besides, the early adoption of IoT technology and smart devices such as smartphones and smart TV drive the growth of the regional market.
Moreover, considerable technological advances, alongside the proliferation of the Internet and smart connected devices, boost the growth of the regional market. The North American CDN market is anticipated to retain its dominance throughout the assessment period.
Europe stands second in the global content delivery network market. The market growth is driven by the increasing adoption of on-demand cloud services. Germany, the UK, France, and Italy account for major shares in the regional market due to the rapid demand for a highly-efficient delivery network. Also, the rise in demand for a lower latency network due to the information on multiple servers and direct user content influences the regional market growth. The European mobile content delivery network market is expected to show immense growth over the forecast period.
The content delivery network market in the Asia Pacific region is growing rapidly. Factors such as the rising OTT platforms and the disposable income of demographics provide impetus to the market growth. Moreover, the increasing demand for high-speed internet connectivity propels the development of the content delivery network market. Countries, including China, Japan, and India, are the largest markets of the content delivery network in the region. The APAC content delivery network market is expected to gain momentum growing at the highest CAGR in the coming years.
The well-established Content Delivery Network market is adorned by several large and small players having an international presence. Matured players incorporate collaboration, acquisition, partnership, product launch, and expansion to gain a competitive advantage. The market demonstrates high growth prospects, which would attract several new entrants to the market, further boosting the market competition.
Industry/ Innovation/ Related News:
September 10, 2020 — EAK Digital (the UK), a leading global tech creative communications agency, announced its partnership with Theta Labs Inc. (the US), a Blockchain-based video delivery and infrastructure network to help secure and govern its public Blockchain. EAK Digital would help Theta Labs gain market share by working with top-tier interviewers and leading key opinion leaders.
Theta Labs offers a decentralized Blockchain network providing infrastructure and a platform for video content delivery. The US-based business is primarily backed by Silicon Valley VC firms and Hollywood investors. This is expected to help EAK Digital to transform the global video delivery network industry.
Table of Content:
1 Executive Summary
3 Research Methodology
3.1 Research Process
3.2 Primary Research
3.3 Secondary Research
3.4 Market Size Estimation
3.5 Forecast Vertical
3.6 List of Assumptions
4 Market Insights
5 Market Dynamic
5.2.1 Rising Demand For High-Performance Content Delivery Network For Website Performance Optimization
5.2.2 Increasing Need For 4K/8K Ultra HD Resolution In Video Content
5.2.3 Drivers Impact Analysis
5.3.1 Concerns Regarding Piracy Of Content
5.3.2 Restraints Impact Analysis
5.4.1 Introduction And Subsequent Integration Of 5G Technology
5.5.1 Vulnerability To Cyberattacks
5.6 CDN Deployment Topologies
5.6.1 CDN Consolidation
5.6.2 Pricing Pressure, Traffic And Margin
Browse More Details on Report at:
About Market Research Future:
At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.
MRFR team have supreme objective to provide the optimum quality market research and intelligence services to our clients.
+1 646 845 9312