Content Delivery Network Market 2026: Industry Growth, Competitive Analysis, Future Prospects and Market Opportunity : Akamai Technologies, CDNetworks, Chinacache, CloudFlare, Highwinds Network Group, Internap Corporation, Level 3 Communications

A content distribution network or content delivery network (CDN) is a system distributed network that delivers webpages or different web content or digital content data across various geographical locations. Digital media such as applications, audio, games, images, software downloads, and videos are delivered via CDNs. Increasing number of internet users, proliferation of rich media files and video over the internet has boosted the demand for CDN solutions exponentially.

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Market Dynamics

On the basis of geography, the content delivery network market is segmented into North America, Europe, Asia Pacific, Middle East, and Africa. The Asia Pacific region is projected to exhibit the highest CAGR over the forecast period. India, China, and Japan are some of the major countries driving the content delivery network market in this region. Increasing number of internet users and increasing adoption of digitalization are some of the major drivers accelerating the demand for content delivery network in this region. According to Coherent Market Insights, in 2016, India recorded 295.4 million internet users, the number for which is projected to reach 512 million by 2022. Similarly China and Japan recorded 721.4 million and 115 million internet users in 2016, respectively. Additionally, growing e-commerce industry in Asia Pacific countries have provided opportunities for growth of the content delivery network. For example, according to India Brand Equity Foundation Organization, in 2016, e-commerce industry in India generated revenue of US$ 15 billion and is projected to reach US$ 188 billion by 2025.

Growing e-commerce industry provides high growth opportunity

Growing e-commerce industry contributes to positive growth of the content delivery network market. For instance, according to India Brand Equity Foundation Organization, in 2016, e-commerce industry in India generated revenue of US$ 15 billion and is projected to reach US$ 188 billion by 2025. Moreover, increasing need for reducing loading time of web pages and uploading time of videos is fueling adoption of content delivery network technology in e-commerce companies. According to a survey conducted by Coherent Market Insights, in 2016, 47% consumers worldwide expected a web page to load in 2 seconds or less. Results of the survey revealed that Increasing website loading time results in low consumer retention on the webpage. With an increase in loading time by one second the page views reduced by 11%. This adversely affects the revenue generated by e-commerce Company. Therefore, e-commerce companies are adopting the content delivery network technology to help reduce the loading time of the webpage.

North America holds a dominant position in the market in 2016

North America held a dominant position in the market in 2016 and is projected to retain its dominance throughout the forecast period. Some of the major countries driving growth of the market in the region are the U.S. and Canada. Increasing usage of 4K content is one of the key factors driving growth of the market in the region. According to Coherent Market Insights, connected 4k televisions consumed around 3.9 GB per month in 2016, in the U.S. and is projected to reach 43.5 GB per month by 2021.

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Key Companies- Global Content Delivery Network Market

Some of the major companies in the global content delivery network market are Akamai Technologies, AT&T, Inc., CDNetworks, Chinacache, CloudFlare Inc., Highwinds Network Group, Inc., Internap Corporation, Level 3 Communications, Inc., Limelight Networks, MaxCDN, Tata Communications, and Verizon Communications, Inc.

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This release was published on openPR.