Content Delivery Network Market size, industry growth, outlook and analysis 2027


Posted August 6, 2020 by rohit890

A content distribution network or content delivery network (CDN) is a system distributed network that delivers webpages or different web content data across various geographical locations.
 
Market Overview

A content distribution network or content delivery network (CDN) is a system distributed network that delivers webpages or different web content data across various geographical locations. Content delivery network delivers a large portion of online content, including web objects (scripts, graphics, and text), downloading objects (documents, software, and media files), applications (portals and e-commerce), social networking, on-demand streaming media, and live streaming media. There has been a rise in IP data traffic backed by internet proliferation, worldwide in the recent past. According to Coherent Market Insights’ analysis, in 2016, 96,054 PB IP data traffic was generated per month and is projected to reach 278,108 PB IP data traffic by 2021, globally. Increasing adoption of video supporting devices, wearable devices, AR/VR technology, and digitization is increasing data traffic globally, which in turn is expected to boost demand for content delivery network.

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Market Dynamics

On the basis of region, the global content delivery network market is segmented into North America, Latin America, Europe, Asia Pacific, Middle East, and Africa. Asia Pacific is projected to exhibit highest CAGR over the forecast period. India, China, and Japan are major growth engines of the content delivery network market in this region. Increasing number of internet users and increasing adoption of digitalization are some of the major factors accelerating demand for content delivery network in this region. According to Coherent Market Insights’ analysis, in 2018, China and Japan recorded 829 million and 117.6 million internet users, respectively. Moreover, growing e-commerce industry in Asia Pacific is also aiding in growth of the content delivery network market. For instance, according to India Brand Equity Foundation, in 2017, e-commerce industry in India generated revenue of US$ 38.5 billion and is projected to reach US$ 200 billion by 2026.

Detail Content Delivery Network Market Segmentation:

Global Content Delivery Network Market, By Content-Type:

Video Content Delivery Network

Non-video Content Delivery Network

Global Content Delivery Network Market, By Service Type:

Telecom CDN Provider

Conventional CDN Provider

Cloud Service Provider

Others

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Some of the major players operating in the global content delivery network market include Akamai Technologies, AT&T, Inc., CDNetworks, Chinacache, CloudFlare Inc., Highwinds Network Group, Inc., Internap Corporation, Level 3 Communications, Inc., Limelight Networks, MaxCDN, Tata Communications, and Verizon Communications, Inc.

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Coherent Market Insights is a prominent market research and consulting firm offering action-ready syndicated research reports, custom market analysis, consulting services, and competitive analysis through various recommendations related to emerging market trends, technologies, and potential absolute dollar opportunity.

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Last Updated August 6, 2020