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Content Delivery Network Market: Global Trends, Size, Share by Major Players (Akamai Technologies, Limelight Networks, Highwinds, CDNetworks) and Regional Forecast till 2024

12-03-2020 04:39 PM CET | IT, New Media & Software

Press release from: Market Research Future - MRFR

Content Delivery Network Market

Content Delivery Network Market

Content delivery systems have grown from strength to strength in the recent years due to the expansion of demand for online content and streaming video. The CDN network is capable of achieving many capabilities owing to the availability of servers and consequently diverts content appropriately. Since CDNs are apt to divert content across diverse regions, this feature has led to a high level of user experience thereby leading to high demand for this sector. Increased use of mobile devices have significantly contributed to the growth of this sector as most of the online content is consumed from such channels.

Competitive Analysis:

The key players in the global content delivery network market include Google, Inc. (U.S.), Akamai Technologies (U.S.), Limelight Networks (U.S.), Level 3 Communications, LLC (U.S.), Amazon Web Services, Inc. (U.S.). Some of the other important players are Verizon Communications, Inc. (U.S.),Highwinds (U.S.), CDNetworks (Korea), Internap Corporation (U.S.), Tata Communications (India), among others.

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There has been tremendous growth in the use of internet services which in result is the major driver of the content delivery network market. Recently, there has been a trend of live and on-demand video delivery that has been a major driver of the content delivery market growth. Apart from it, the increasing use of mobile technology, increasing video consumption of over mobile devices and increasing use of social media are fuelling the growth of content delivery network market.

The exceptional benefits of content delivery networks are the improved performance, the ability to offload the traffic served directly from the content provider's origin infrastructure, which can lead to cost savings for the content provider and others. These advantages have resulted in the shift of traffic these days is routed via Content Delivery Networks. This shift is predicted to hike the growth of content delivery market in the near future

Segmental Analysis:

Based on type, the CDN market has been categorized as a standard content delivery network and video content delivery network. The video content delivery network segment is sub-segmented into on-demand streaming, live linear streaming, and live streaming. The video content delivery network segment is expected to register a CAGR of 28.7% during the forecast period. While the standard video content delivery network is expected to grow at a CAGR 24.0%.

Based on the solution, the global content delivery market has been segmented into web performance optimization, media delivery, cloud security, and others. The media delivery segment is growing at a CAGR of 25.0%. The web performance optimization segment is expected to grow at a CAGR of 26.9% during the forecast period. Whereas, cloud security is the fastest-growing segment during the review period.

Based on the application, the global content delivery network segment has been segmented into analytics and performance monitoring, OTT streaming, network optimization, and website and API management. The OTT streaming segment is poised to have the largest market share. Whereas, analytics and performance monitoring is the fastest-growing segment at a CAGR of 27.6% during the assessment period.

Based on the service providers, the CDN market has been segmented as a traditional content delivery network, cloud service providers, telco content delivery network, and others. The Telco content delivery network segment is expected to register a CAGR 28.6% during the forecast period. The cloud services providers are touted to be the fastest-growing market at a CAGR 30.2% over the forecast period.

Based on vertical, the content delivery network market has been segmented into media and entertainment, BFSI, gaming, education, retail and e-commerce, IT and telecommunication, and others. The media & entertainment segment accounts for the largest market share I the foreseeable future. The gaming is expected to be the fastest-growing segment during the forecast period at a CAGR of 30.4%.

Regional Analysis:

The global CDN market, based on the region, has been segmented into North America, Europe, Asia-Pacific, and the Middle East & Africa, and South America. North America is slated to lead the CDN market during the review period, followed by Europe. The early adoption of IoT technology and smart devices such as smartphones and smart TVs in North America is one of the major factors driving the growth of the market. Furthermore, the presence of technology leaders is expected to contribute to the CDN market growth in the region. The US, followed by Canada, dominates the market in North America. The market in Asia-Pacific is also poised to hold a significant share. China is projected to dominate the market in the Asia-Pacific region.

Industry News:

Dec. 2017 - Limelight Networks, Inc., a global leader in digital content delivery has announced its expansion in its Content Delivery Network (CDN) global egress capacity to 28 Tbps, increased the average server capacity by 175 percent, reduced power consumption, and added 11 new Points-of-Presence (PoPs) this year. Limelight added new PoPs in Brazil, Canada, France, India, Italy, Spain and the U.S., and upgraded more than 20 locations worldwide to address market demand for content delivery network services and capabilities.

Dec. 2017- Content delivery firm dotstudioPRO is expanding beyond its role as a service provider to focus on strategic monetisation initiatives for streaming video. The company is combining its core practice with audience development, so that clients can expand their distribution and syndication footprint by using an OTT video network. DotstudioPRO hybrid model allows owned-and-operated platforms to choose their revenue models, maintain ownership of viewer engagement, and self-manage and syndicate their own content.

Table of Content:

1 Executive Summary
1.1 Market Attractiveness Analysis
1.1.1 Global Content Delivery Network Market, By Type
1.1.2 Global Content Delivery Network Market, By Solutions
1.1.3 Global Content Delivery Network Market, By Application
1.1.4 Global Content Delivery Network Market, By Service Providers
1.1.5 Global Content Delivery Network Market, By Vertical
1.2 Global Content Delivery Network Market, By Region
2 Market Introduction
Continued. . .

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