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Content delivery Network Market Size Projected To Show Strong Growth | Akamai Technologies, Microsoft Corporation, IBM Corporation, Limelight Networks
A content delivery network (CDN) is a geographically distributed group of servers, which is working together to provide fast and reliable delivery of Internet content. Content delivery network is used for the quick data transfer and transfer of assets, needed to load Internet content such as JavaScript files, images, stylesheets, HTML pages, and live videos.Download Free Sample of This Strategic Report: https://reportocean.com/industry-verticals/sample-request?report_id=AMR1710
Governmental organizations are boosting their maintenance budgets for system infrastructure while simultaneously funding initiatives for project development, modernization, and enhancement. As a result of the investments' success, ICT vendors now annually set aside funding for the growth of the online market. Global ICT exports are anticipated to increase 3.9% on average year from US$ 784.3 billion in 2021 to US$ 955.19 billion in 2030. Global supply has increased by 9.5% yearly since 2009. In terms of global ICT exports in 2021, Ireland came in first place with US$ 169. 32 billion. The rankings placed China at number 4, the United States at number 2, and India at number 3. Since 2009, Brunei has increased by 228.2% year over year, while Sierra Leone has decreased by 61.7% year over year.
By 2026, European ICT Revenue is likely to increase by 1.5% annually, from US$ 1,802,413 Million in 2021 to US$ 1,933,429 Million. The European market has increased by 3.1% annually since 2016. In terms of ICT Revenue in Europe in 2021, Germany came in first place with US$ 339,074 million. Positions 2, 3, and 4 in this ranking were held by the United Kingdom, France, and Ireland, respectively. Since 2016, Malta has increased by 16.5% year over year, while Italy has decreased by 0.2%.
These networks are multilayers in the internet. Content owners such as e-commerce and media company's vendors pay to content delivery network providers, network carriers, and network operators for hosting its servers in their data centers. Numerous factor such as increase in need for uninterrupted and live content delivery and high-speed data network and rise in use of rich media and video over website, increasing the demand for enhanced video and low latency online gaming, drive the market globally. Moreover, surge in internet penetration and rise in use of smartphone and wearable also fuel the market globally. However, technical difficulties in live video streaming and complex architecture and problem about quality of service may hinder the growth of the market globally. Furthermore, increase in demand for cloud-base service and rise in use of consumer in over-the-top service will create lucrative opportunity for the content delivery market globally.
The content delivery network market is segmented on the basis of component, content type, provider type, industry vertical, and region. By component, it is bifurcated into solution and service. By content type, the market is bifurcated into static content and dynamic content. By provider type, it is categorized into traditional CDN, telecommunication CDN, cloud CDN, and peer-to-peer CDN. By industry vertical, it is classified into healthcare, retail & e-commerce, BFSI, IT & telecommunication, media & entertainment, travel & tourism, and others. By region, the market is analyzed across North America, Europe, Asia-Pacific, and LAMEA.
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KEY BENEFITS FOR STAKEHOLDERS
- The study provides an in-depth analysis of the content delivery network market along with the current trends and future estimations to elucidate the imminent investment pockets.
- Information about key drivers, restraints, and opportunities and their impact analysis on the content delivery network market size is provided.
- Porter's five forces analysis illustrates the potency of buyers and suppliers operating in the content delivery network market.
- The quantitative analysis of the content delivery network market from 2019 to 2027 is provided to determine the content delivery network market potential.
KEY MARKET PLAYERS PROFILED IN THE REPORT OF CONTENT DELIVERY NETWORK MARKET
- Akamai Technologies
- Microsoft Corporation
- IBM Corporation
- Limelight Networks
- Amazon Web Services, Inc.
- Google LLC
- Lumen Technology
- Cloudflare, Inc
- Citrix Systems
- Rackspace Technology
MARKET SEGMENTS
BY COMPONENT
- Solution
- Service
BY CONTENT TYPE
- Static
- Dynamic
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BY PROVIDER TYPE
- Traditional CDN
- Telecommunication CDN
- Cloud CDN
- Peer to peer CDN
BY INDUSTRY VERTICAL
- Healthcare
- Retail & e-commerce
- BFSI
- IT & Telecommunication
- Media & Entertainment
- Government & Defence
- Others
BY REGION
- North America
o U.S.
o Canada
- Europe
o UK
o Germany
o France
o Italy
o Spain
o Rest of Europe
- Asia-Pacific
o China
o India
o Japan
o South Korea
o Australia
o Rest of Asia-Pacific
- LAMEA
o Latin America
o Middle East
o Africa
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