According to IMARC Group latest report titled” Content Delivery Network (CDN) Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026”, the market reached a value of US$ 14.3 Billion in 2020. The Global Content Delivery Network (CDN) Market report to grow at a CAGR of 17.6% during 2021-2026. A content delivery network (CDN) refers to a geographically distributed group of servers that provide content delivery through the Internet. It includes the delivery of scripts, graphics, text and media files, documents, portals, social media sites and software. CDN delivers content at high speeds to users and provides services by duplicating content from other servers and directing it from the nearest data center. It provides enhanced cost-effectiveness, increases content availability and improves website load times and security while minimizing the server load. As a result, CDN finds extensive applications across various industries, such as healthcare, media and entertainment, information technology (IT), telecommunication and banking, financial services and insurance (BFSI).
As the novel coronavirus (COVID-19) crisis takes over the world, we are continuously tracking the changes in the markets, as well as the purchase behaviours of the consumers globally and our estimates about the latest market trends and forecasts are being done after considering the impact of this pandemic.
Market Trends:
The global content delivery network (CDN) market is primarily being driven by the rapid digitization across the globe. Additionally, the rising penetration of high-speed internet that assists in loading internet content, such as JavaScript files, stylesheets, videos and hypertext markup language (HTML) pages, is positively impacting the market growth. Various technological advancements, such as the integration of CDN systems with the Internet of Things (IoT) and artificial intelligence (AI) solutions, that provide data-intensive analytics and pattern prediction capabilities to improve the quality, effectiveness and creativity of content are positively impacting the market growth. In line with this, the increasing utilization of CDN for the delivery of high-quality gaming content with enhanced user experience is favoring the market growth. Other factors, including the rising demand for uninterrupted and live content delivery, along with the implementation of various government initiatives to enable fast and secure data delivery management, are anticipated to drive the market toward growth. On account of the aforementioned factors, the market is anticipated to grow at a CAGR of 17.6% during the forecast period (2021-2026).
View Full Report with TOC & List of Figure: https://www.imarcgroup.com/content-delivery-network-market
Competitive Landscape with Key players:
The report has also analysed the competitive landscape of the market with some of the key players being.
- Akamai Technologies Inc.
- com Inc.
- AT&T Inc.
- CDNetworks Co. Ltd. (Hong Kong Wangsu Science & Technology)
- Cloudflare Inc.
- Google LLC (Alphabet Inc.)
- Imperva Inc.
- Internap Holding LLC
- Limelight Networks Inc.
- Microsoft Corporation
- Tata Communications Limited
- Verizon Communications Inc
Content Delivery Network (CDN) Market Segmentation:
Our report has categorized the market based on region, component, content type, provider type and industry vertical.
Breakup by Component:
- Solution
- Service
Breakup by Content Type:
- Dynamic Content
- Static Content
Breakup by Provider Type:
- Traditional CDN
- Telecommunication CDN
- Cloud CDN
- Peer-to-Peer CDN
Breakup by Industry Vertical:
- Healthcare
- Retail and E-Commerce
- BFSI
- IT and Telecommunication
- Government and Public Sector
- Media and Entertainment
- Others
Breakup by Region:
- North America (United States, Canada)
- Europe (Germany, France, United Kingdom, Italy, Spain, Others)
- Asia Pacific (China, Japan, India, Australia, Indonesia, Korea, Others)
- Latin America (Brazil, Mexico, Others)
- Middle East and Africa (United Arab Emirates, Saudi Arabia, Qatar, Iraq, Other)
Key highlights of the report:
- Market Performance (2015-2020)
- Market Outlook (2021-2026)
- Porter’s Five Forces Analysis
- Market Drivers and Success Factors
- SWOT Analysis
- Value Chain
- Comprehensive Mapping of the Competitive Landscape
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