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Content Delivery Network Market: Post-COVID Growth Opportunity Analysis, Key Players | Akamai Technologies, Microsoft Corporation, IBM Corporation, Limelight Networks

11-02-2021 10:26 AM CET | IT, New Media & Software

Press release from: Evolve Business Intelligence

Content Delivery Network Market: Post-COVID Growth

According to the report, the global Content Delivery Network market is expected to grow from $13.90 Billion in 2020, which is expected to reach $40.28 Billion by 2028, growing at the CAGR of 13.64% from 2020 to 2028. This growth is attributed to the rising use of smart devices. Smart devices such as smartphones and tablets are used for streaming videos and downloading/upgrading applications. This has led to an increased need for CDN's to deliver content at a faster rate and within a shorter period. However, high investments in CDN infrastructure and large bandwidth requirements in the data center are expected to restrain the growth in the market.

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The recently published research report on Global Content Delivery Network Market by Evolve Business Intelligence examines the industry in the context of major market aspects including market size & forecast, market shares in terms of revenues and volume, key players, and SWOT analysis. The market is analyzed based on 4 separate indications in the market dynamic chapter: Drivers, Restraints, Key Trends, and Challenges. The total sum of these sections will help you understand what strategies will be best to adopt in order to prosper through this industry over a few short years. The quantitative analysis includes our actual findings out of this research study where we provided additional insight into what our readers can do to embrace new opportunities or plan against threats that might hinder the market.

The COVID-19 pandemic has led to disruption in the supply chain leading to lower demand or supply shortages in the Content Delivery Network market. The travel restrictions and social-distancing measures have resulted in a sharp drop in consumer and business spending and this pattern is expected to continue for some time. The end-user trend and preferences have changed due to the pandemic and have resulted in manufacturers, developers, and service providers adopting various strategies to stabilize the company.

The New Normal
As businesses recover from the COVID-19 pandemic, they have a new set of priorities to cope with. Throughout this crisis, they were forced to deal with shifting situations and often fell short of their ultimate goals. Now that a cure has been found and the pandemic is dying down, they will need to recuperate from this epidemic by setting forth new objectives to succeed in the future.

In terms of COVID 19 impact, the Content Delivery Network market report also includes the following data points:
• COVID19 Impact on Content Delivery Network market size
• End-User/Industry/Application Trend, and Preferences
• Government Policies/Regulatory Framework
• Key Players Strategy to Tackle Negative Impact/Post-COVID Strategies
• Opportunity in Content Delivery Network market

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Key Players
Some of the major Content Delivery Network players holding high market share include Akamai Technologies, Microsoft Corporation, IBM Corporation, Limelight Networks. These players use new product development as a key strategy to gain significant market share to compete with market leaders.

The key players profiled in the report are:
• Akamai Technologies
• Microsoft Corporation
• IBM Corporation
• Limelight Networks
• Amazon Web Services
• AWS
• Google
• AT&T
• Cloudflare
• Verizon Media

Segmental Analysis
Market Segment By Component with focus on market share, consumption trend, and growth rate of Content Delivery Network Market:
o Services
o Solutions

Market Segment By Type with focus on market share, consumption trend, and growth rate of Content Delivery Network Market:
o Cloud CDN
o Traditional CDN
o Telco CDN
o P2P CDN

Market Segment By Application with a focus on market share, consumption trend, and growth rate of Content Delivery Network Market:
o Media and Entertainment
o Online Gaming
o Retail and Ecommerce
o E-Learning
o Enterprise
o Healthcare

Market Segment By Service with a focus on market share, consumption trend, and growth rate of Content Delivery Network Market:
o Support and Maintanance
o Network Optimization Services
o Website and API Management
o Analytics and Performance Monitoring
o Storage Services
o Others

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Global Content Delivery Network Geographic Coverage:
• North America
o US
o Canada
o Mexico

• Europe
o UK
o Germany
o France
o Italy
o Rest of Europe

• Asia Pacific
o China
o Japan
o India
o South Korea
o Rest of Asia Pacific

• Rest of the World
o South America
o Middle East & Africa

North America retains the largest market share due to increasing demand for real-time content delivery and technological advancements.

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About EvolveBI
Evolve Business Intelligence is a market research, business intelligence, and advisory firm providing innovative solutions to challenging pain points of a business. Our market research reports include data useful to micro, small, medium, and large-scale enterprises. We provide solutions ranging from mere data collection to business advisory.
Evolve Business Intelligence is built on account of technology advancement providing highly accurate data through our in-house AI-modelled data analysis and forecast tool – EvolveBI. This tool tracks real-time data including, quarter performance, annual performance, and recent developments from fortune’s global 2000 companies.

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