Emergence and need for the effective solutions to have live and uninterrupted content delivery over a high-speed data with high quality of experience and service is the major driver for the growth of the content delivery network (CDN) market.
According to the current analysis of Introspective Market Research, the global Content Delivery Network (CDN) market was valued at USD 12.15 Billion in 2019 and is expected to reach USD 35.31 Billion by the year 2026, at a CAGR of 16.63%.
Content delivery network (CDN) system is a network over which large number of servers are connected and projected in various data centers. These networks usually provide the available content to the users with enhanced performance. Majority of users are surfing on internet for online video streaming and other data content in which CDNs are used. These networks are developed to provide better quality of service to the end users while surfing the internet. It duplicates the content from original servers and stores in the cache servers for the timely use for the user.
The market is driven by the factor that the everyday billions of users are using the internet for better and ultra-high quality. Hence, the market is expected to grow in the forecast period. Content Delivery Network (CDN) market has been estimated to show a tremendous growth in the forecast period due the increased use of the internet services due to which it becomes essential to study the overall market structure. Some other driving factors for the market are like the use of mobile technology and the emergence of social media.
In terms of region, the market for Content Delivery Network (CDN) is segmented into North America, Europe, Asia-Pacific, and Rest of the World. The North-American region is projected to grow at the highest CAGR among all the regions by 2021. This is mainly due to the high usage of the media delivery and web performance.
The Content Delivery Network (CDN) market is by Solutions & Services (Media Delivery, Cloud Security, Web Performance, Storage Services, Analytics & Performance Monitoring, Website & API Management, Network Optimization Services and Others), by Content Type (State and Dynamic), by Provider Type (Traditional CDN and Telco CDN), by Application (Media & Entertainment, Online Gaming, Healthcare, Business & Financial Services, E-commerce, Research & Education). The market is further analyzed on the basis of regional analysis and divided into major regions like North-America, Latin America, Asia-Pacific, Europe and MEA.
Further Key Findings From The Report Suggest:
- Due to the excess use and consumption of content delivery on the internet, the segment is thriving in the market. As the users have no qualms in waiting for the video or content to buffer or download the maximum content is consumed by the users.
- From the Verticals segment, although the Healthcare segment is accounted for the largest share in the market, Media & Entertainment segment is estimated to be the fastest growing segment with the highest CAGR in the forecast period.
- The Dynamic content is personalized and adapted by many users and industries to keep the unique content delivery for the clients and customers.
Key Participants include Akamai Technologies, Microsoft Corporation, IBM Corporation, Limelight Networks, Amazon Web Services Inc., Cloudflare Inc., OnApp Limited., Google, AT&T, Deutsche Telekom AG, Stack path LLC., Fastly, G-Core Labs, NTT Communications Corporations.
For this report, Introspective Market Research have segmented the Content Delivery Network (CDN) markets market on the basis of Region:
Regional Outlook (Revenue in USD Billion; Volume in Units, 2019-2025)
- North America
- Rest of Europe
- Asia Pacific
- South Korea
- Rest of Asia-Pacific
- Middle East & Africa
- Saudi Arabia
- South Africa
- Rest of MEA
- Latin America
- Rest of LATAM