Press release
Content Delivery Network Market Value To Reach US$ 61.2 Billion By 2032
The global content delivery network market is likely to be worth US$ 18.8 Billion in 2022 and is expected to grow at a 12.6% CAGR between 2022 and 2032, as per a recently published market research report published by Fact.MR.As per the report, the market is slated to reach US$ 61.2 Billion by 2032. The growing demand for rich video content among online users, as well as the trend of digitization in organizations across end-user verticals, drives the overall CDN market demand.
The market is expected to grow steadily over the forecast period due to increased data volumes exchanged on the internet as a result of the continuous rollout of high-speed networks.
From 2015 to 2021, the market grew at a CAGR of 14.1% to reach US$ 16.5 Billion. Content delivery network solutions are effectively deployed in e-commerce industries to ensure that the industries run at full capacity and that customers have access to all of the information they need to make an informed purchasing decision.
๐๐จ๐ฐ๐ง๐ฅ๐จ๐๐ ๐๐๐ฆ๐ฉ๐ฅ๐ ๐๐จ๐ฉ๐ฒ ๐จ๐ ๐๐ก๐ข๐ฌ ๐๐๐ฉ๐จ๐ซ๐ญ:
https://www.factmr.com/connectus/sample?flag=S&rep_id=7538
Customers are shifting away from traditional television in favor of video content delivery via cellular networks, and CDN solutions are being deployed in that domain to improve content delivery. Simultaneously, the deployment of digital solutions based on IoT networks and artificial intelligence across various industries is driving market participants to develop and promote customized industry-specific CDN solutions.
Broadcasters are offering latency-free data over the network and improving video delivery quality as OTT and VOD services become more popular.
Continuous investment in network infrastructure around the world, particularly in emerging economies like India, has improved overall network connectivity, bandwidth, and coverage. These advancements have been critical in ensuring that consumers can stay connected, receive instant updates, and access ready-made media data. This is a motivator for broadcasters to improve content delivery while also delivering diverse data for consumption across multiple applications.
๐๐๐ฒ ๐๐๐ค๐๐๐ฐ๐๐ฒ๐ฌ:
โข Based on component, content delivery network solutions to register a CAGR of 12%
โข Static content delivery networks to experience maximum adoption, expanding at a 12.1% CAGR
โข U.S to be the fastest growing content delivery network market, registering a 12% CAGR
โข Market in China is expected to be valued at US$ 4.4 Billion by the end of 2032
โข U.K, Japan and South Korea to yield dollar opportunities worth US$ 1.7 Billion, US$ 2.4 Billion and US$ 1.6 Billion respectively
โข Content delivery network market is likely to grow more than 3x from 2022-2032
"Growing digitalization among organizations and rising demand for optimization of live delivery and loading are expected to be major factors driving market growth" says a Fact.MR analyst.
๐๐จ๐ฆ๐ฉ๐๐ญ๐ข๐ญ๐ข๐ฏ๐ ๐๐๐ง๐๐ฌ๐๐๐ฉ๐
Several initiatives are being undertaken by the key companies in order to broaden their geographical reach and strengthen their position in the global market. Investments in R&D activities, mergers and acquisitions, new product launches, strategic collaborations and partnerships, and upgrades to existing solutions are examples of such initiatives.
โข CloudFlare Inc. announced collaboration with the Internet Archive to improve the reliability of website operations for publishers, which will include users who do not use CloudFlare services. The collaboration will help to improve CloudFlare services while also providing more data to the Internet Archive.
โข Limelight Networks, Inc., a leading provider of CDN services, announced the availability of GraphQL functionality for its Layer0 by Limelight web application CDN in December 2021. This new feature strengthens Limelight's position in the web application CDN market, particularly among web builders.
๐๐๐ฒ ๐๐๐ ๐ฆ๐๐ง๐ญ๐ฌ ๐๐จ๐ฏ๐๐ซ๐๐ ๐ข๐ง ๐ญ๐ก๐ ๐๐จ๐ง๐ญ๐๐ง๐ญ ๐๐๐ฅ๐ข๐ฏ๐๐ซ๐ฒ ๐๐๐ญ๐ฐ๐จ๐ซ๐ค ๐๐๐ซ๐ค๐๐ญ ๐๐๐ฉ๐จ๐ซ๐ญ
โข by Component :
o Content Delivery Network Solutions
๏ง Web Performance Optimization
๏ง Media Delivery
๏ง Cloud Security
o Content Delivery Network Services
๏ง Storage Services
๏ง Analytics and Performance Monitoring
๏ง Website and API management
๏ง Network Optimization Services
๏ง Support & Maintenance
๏ง Others
โข by Content Type :
o Static Content Delivery Network
o Dynamic Content Delivery Network
โข by Provider Type :
o Traditional Content Delivery Network Provider
o Telco Content Delivery Network Provider
o Cloud Content Delivery Network Provider
o P2P Content Delivery Network Provider
o Other Content Delivery Network Provider Types
โข by Application :
o Media and Entertainment
o Online Gaming
o Retail and E-Commerce
o E-Learning
o Healthcare
o Enterprises
โข by Region :
o North America
o Europe
o Asia Pacific
o Middle East & Africa
o Latin America
๐๐๐ญ ๐ ๐ฎ๐ฅ๐ฅ ๐๐๐๐๐ฌ๐ฌ ๐จ๐ ๐ญ๐ก๐ ๐๐จ๐ฆ๐ฉ๐ฅ๐๐ญ๐ ๐๐๐ฉ๐จ๐ซ๐ญ:
https://www.factmr.com/checkout/7538
๐๐จ๐ง๐ญ๐๐๐ญ:
US sales Office :
Rockville Pike
Suite 400
Rockville, MD 20852
United States
Tel: +1 (628) 251-1583
E-Mail: sales@factmr.com
๐๐๐จ๐ฎ๐ญ ๐ ๐๐๐ญ.๐๐
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