Content Delivery Network Market Research Report

Market Overview

A Content Delivery Network (CDN) is a geographically distributed network of proxy servers and their data centers that are deployed in multiple locations often over multiple Internet backbones . The goal of a CDN is to provide high availability and performance by distributing the service spatially relative to end-users. CDNs are used to deliver a large portion of internet content today, including web objects, downloadable objects, applications, live and on-demand streaming media, and social media sites. Content owners pay CDN operators to deliver their content to end-users, and in turn, a CDN pays ISPs, carriers, and network operators for hosting its servers in their data centers. CDNs span different types of content delivery services, including video streaming, software downloads, web, and mobile content acceleration, licensed/managed CDN, transparent caching, and services to measure CDN performance, and load balancing. CDN vendors may also offer security, DDoS protection, web application firewalls (WAF), and WAN optimization services.

According to projections, the Content Delivery Network (CDN) Market would be worth around USD 67.12 billion by 2030, growing at a CAGR of 20.43%.

The Content Delivery Network (CDN) may reproduce the content that is posted on the internet in multiple locations to make it easier for internet users to obtain it. The Content Delivery Network Service provider replicates the content for end-users before the request. The Content Delivery Network has certain appealing features, such as minimizing overcrowding on servers and lowering packet loss and delays. By eliminating any kind of content delivery delay, the Content Delivery Network improves the overall Internet Service quality. As a result of these circumstances, the original content provider has decided to partner with a dedicated Content Delivery Network Provider to host the desired set of content for internet consumers.

The pandemic has disrupted the world's fast-paced lifestyle, but numerous businesses are continuing operations by allowing staff to work from home. The number of people using the internet has risen in recent years. This has increased network traffic at an alarming rate, fueling the expansion of the Content Delivery Network (CDN) market. Various top corporations are increasingly turning to Content Delivery Network Service providers to provide better internet connectivity and lower content loading times for their employees.

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Industry News

The major market key players are Akamai Technologies, Amazon Web Services, Inc., International Business Machines Corp., Limelight Networks, Verizon, AT&T Intellectual Property, Google LLC, Microsoft, CenturyLink, Deutsche Telekom AG, Tata Communications, Kingsoft Corporation, Ltd., and Alibaba.com.

Market Segmentation

Based on the Type, the market is segmented into standard content delivery networks and video content delivery network.

Based on the Solutions, the market is segmented into media delivery, web performance optimization, and cloud security.  

Based on the Application, the market is segmented into OTT streaming, network optimization, website & API management, and analytics & performance monitoring.

Based on the Service Providers, the market is segmented into telco content delivery networks, traditional content delivery networks, cloud services providers, and others.

Based on the Vertical, the market is segmented into media & entertainment, retail & e-commerce, gaming, BFSI, IT & telecommunication, education, and others.

Based on the Region, the market is segmented into North America, Europe, Asia-Pacific, and the Rest of the World (RoW)

 Regional Classification

The Content Delivery Network (CDN) Market perspective is currently prevalent in regions such as Asia Pacific, Northern America, Europe, and the Southern half of America. Northern America, on the other hand, has the biggest proportion during the period in question. The industry in industrialized countries is being driven by the increasing technology of smart gadgets such as Smart TVs and Smartphones. Furthermore, the number of internet users in Northern America is continuously increasing, and they use web content daily. The rapid rise of key participants in the Content Delivery Network (CDN) market, as well as their active participation, has aided the growth of the CDN market in recent years. Asia-Pacific, for example, has generated revenue of over 39% and has shown a greater CAGR in recent years. The value of the Content Delivery Network (CDN) Market is fast expanding as a result of the pandemic and the work-from-home scenario.

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