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At A Robust CAGR of 24.05%, Content Delivery Network (CDN) Market Expands with Solution Segment | TechSci Research

02-05-2024 02:07 PM CET | IT, New Media & Software

Press release from: TechSci Research Pvt Ltd

At A Robust CAGR of 24.05%, Content Delivery Network (CDN) Market

The increasing global content delivery network market is driven by exponential growth in online content consumption, rising demand for low latency in real-time applications during the forecast period 2024-2028

According to TechSci Research report, "Global Content Delivery Network Market - Global Industry Size, Share, Trends, Opportunity, and Forecast 2018-2028, The Global Content Delivery Network (CDN) market is experiencing robust growth driven by the escalating demand for efficient content delivery solutions across the expanding digital landscape. CDNs play a pivotal role in optimizing the distribution of diverse digital content, from streaming services and online gaming to e-commerce platforms and real-time applications. The market's dynamism is fueled by the exponential growth in online content consumption, reflecting the changing habits of a global audience increasingly reliant on digital platforms. Key drivers include the need for low-latency solutions to support real-time applications, the global expansion of e-commerce and online businesses, and the accelerated adoption of cloud services.

North America, notably the United States, holds a dominant position in shaping the trajectory of the global CDN market. This leadership is underscored by the region's technological innovation, extensive infrastructure investments, and the presence of influential tech giants at the forefront of CDN development. The market landscape is characterized by continual advancements, including the integration of edge computing to enhance performance, heightened security measures to counter cyber threats, and strategic collaborations with cloud service providers to optimize content delivery efficiency.

As businesses across sectors undergo digital transformation, CDNs become pivotal in addressing the challenges of scalable, secure, and high-performance content delivery. The market is also influenced by the proliferation of mobile internet usage and the ongoing deployment of 5G networks, facilitating the seamless delivery of bandwidth-intensive content. The competitive nature of the global CDN market is driven by strategic partnerships, acquisitions, and ongoing research and development efforts by key players.

Browse over 205 market data Figures spread through 285 Pages and an in-depth TOC on the "Global Content Delivery Network Market."
https://www.techsciresearch.com/report/global-content-delivery-network-market/1590.html

The global content delivery network market is segmented into component, type, service provider type, end-user, content type, and region. Based on component, the market is segmented into solution, service. Based on solution, the market is further segmented into media delivery, web performance optimization, cloud security and others. Based on Service, the market is further segmented into storage services, website & API management, network optimization services, support & maintenance and others.

Based on type, the market is segmented into video CDN and non-video CDN. Based on service provider type, the market is segmented into traditional content delivery network, cloud service providers, telco content delivery network and others. Based on end-user, the market is segmented into media & communication, Retail & E-Commerce, gaming, BFSI and others. Based on content type, the market is segmented into Static, Dynamic. Based on region, the market is further bifurcated into North America, Asia-Pacific, Europe, South America, Middle East & Africa.

Based on region, North America dominated the global content delivery network market and it accounted for a market share of 37.23% in 2022.

North America boasts one of the largest and most mature digital markets globally. The region is home to a vast number of online businesses, media companies, e-commerce platforms, and digital service providers that heavily rely on efficient content delivery.

The North American region, particularly the United States, is a global leader in e-commerce. CDN services play a crucial role in optimizing the delivery of online retail content, ensuring fast page loads, and enhancing the overall shopping experience.

Moreover, with a strong presence of streaming platforms, media companies, and online entertainment services, CDN providers in North America need to focus on delivering high-quality video content with low latency to meet the demands of streaming audiences.

Furthermore, North America is a hub for cloud service providers and data centers. CDN solutions play a vital role in supporting these cloud services by enhancing the performance and reliability of content delivery for businesses and end-users.

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Key market players in the global content delivery network market are: -

• Akamai Technologies, Inc.
• Amazon Web Services, Inc.
• Tata Communications Ltd
• Cloudflare, Inc.
• Fastly, Inc.
• Edgio, Inc.
• Verizon Communications Inc.
• Internap Holding LLC
• Netlify, Inc.
• Wangsu Technology Co., Ltd.

"The Global Content Delivery Network (CDN) market is witnessing significant growth, driven by the escalating demand for efficient content delivery solutions across diverse digital platforms. CDNs play a crucial role in optimizing the distribution of multimedia content, web applications, and real-time data. The market is propelled by factors such as the exponential growth in online content consumption, the rising need for low-latency solutions, and the global expansion of e-commerce. North America, particularly the United States, holds a dominant position, fueled by technological innovation and infrastructure investments. The market's competitive landscape is characterized by continual advancements, strategic collaborations, and a focus on enhancing content delivery efficiency." said Mr. Karan Chechi, Research Director with TechSci Research, a research-based global management consulting firm.

"Content Delivery Network Market - Global Industry Size, Share, Trends, Opportunity, and Forecast, Segmented By Component (Solution {Media Delivery, Web Performance Optimization, Cloud Security and Others}, Service {Storage Services, Website & API Management, Network Optimization Services, Support & Maintenance and Others}), By Type (Video CDN and Non-Video CDN), By Service Provider Type (Traditional Content Delivery Network, Cloud Service Providers, Telco Content Delivery Network and Others), By End-User (Media & Communication, Retail & E-Commerce, Gaming, BFSI and Others), By Content Type (Static, Dynamic), By Region, and By Competition, 2018-2028," has evaluated the future growth potential of Global Content Delivery Network Market and provides statistics & information on market size, structure, and future market growth. The report intends to provide cutting-edge market intelligence and help decision makers take sound investment decisions. Besides the report also identifies and analyzes the emerging trends along with essential drivers, challenges, and opportunities in Global Content Delivery Network Market.

Download Free Sample Report
https://www.techsciresearch.com/sample-report.aspx?cid=1590

Customers can also request for 10% free customization on this report.

Table of Contents

1. Service Overview
1.1. Market Definition
1.2. Scope of the Market
1.2.1. Markets Covered
1.2.2. Years Considered for Study
1.2.3. Key Market Segmentations
1.3. Segmental Definitions

2. Research Methodology
2.1. Objective of the Study
2.2. Baseline Methodology
2.3. Formulation of the Scope
2.4. Assumptions and Limitations
2.5. Sources of Research
2.5.1. Secondary Research
2.5.2. Primary Research
2.6. Approach for the Market Study
2.6.1. The Bottom-Up Approach
2.6.2. The Top-Down Approach
2.7. Methodology Followed for Calculation of Market Size & Market Shares
2.8. Forecasting Methodology

3. Executive Summary

4. Voice of Customer
4.1. Key Factors Influencing Adoption of Services
4.2. Key Satisfaction Level
4.3. Current Need Gaps

5. Global Content Delivery Network Market Outlook
5.1. Market Size & Forecast
5.1.1. By Value
5.2. Market Share & Forecast
5.2.1. By Component (Solution, Service)
5.2.1.1. By Solution (Media Delivery, Web Performance Optimization, Cloud Security and Others)
5.2.1.2. By Service (Storage Services, Website & API Management, Network Optimization Services, Support & Maintenance and Others)
5.2.2. By Type (Video CDN and Non-Video CDN)
5.2.3. By Service Provider Type (Traditional Content Delivery Network, Cloud Service Providers, Telco Content Delivery Network and Others)
5.2.4. By End-User (Media & Communication, Retail & E-Commerce, Gaming, BFSI and Others)
5.2.5. By Content Type (Static, Dynamic)
5.2.6. By Region (Asia-Pacific, Europe, North America, Middle East & Africa, South America)
5.3. By Company (2022)
5.4. Market Map ……Continue…

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TechSci Research is a research-based management consulting firm providing market research and advisory solutions to its customers worldwide, spanning a range of industries. TechSci Research's core values are value, integrity, and insight. Led by a team of dynamic industry experts, TechSci Research provides its customers with high value market research and advisory services that helps them identify new market opportunities, growth engines and innovative ways to capture the market share. As a result, TechSci's client leads rather than follow market trends. Not bound by legacy, TechSci's cutting-edge research model leverages its decades of research knowledge and an increased use of technology as engines of innovation to deliver unique research value. Provided as an alternative to traditional market research, TechSci Research reports do not just deliver data and knowledge rather highlights the insights in a more usable and interactive format for its clients.

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