Industry Insight
The fast uptake and development of a content delivery network are progressively becoming a
crucial component of any enterprise. Market Research Future predicts the potentiality of the global
Content Delivery Network market 2020. It can achieve a high valuation by the year 2023.
High valuation will garner at a growth rate of 26.5% in the forecast years (2018 to 2024).
Top Impacting Factors
The market expansion can be accredited to the escalating volumes of content being exchanged over
the internet in line with the continued rapid network rollouts. Effective solutions would be needed
to ensure uninterrupted content delivery over a high-speed data network, mainly to cater to the
growing demand for Video-on-Demand (VOD) and Over the Top (OTT) services. In fact, plummeting
data costs coupled with rising affordability and accessibility of broadband and mobile network
access are some of the other foremost factors anticipated to motivate the demand for content
delivery network solutions.
MRFR also spotlights on the fact that the e-commerce industry is sprouting continuously in line
with shifting consumer behavior. As such, CDN solutions are employed to ensure that consumers
have access to all the content necessary to make an informed buying decision. CDN solutions are
also employed aggressively to optimize delivery as consumers shift from conventional television to
video content delivery. At the same time, the performance of digital solutions based on an IoT
network across various industries is also prompting content delivery network providers to
introduce customized industry-specific content delivery network solutions. The mounting adoption
of advanced technologies, such as artificial intelligence (AI) and augmented reality (AR), are also
opening opportunities to launch innovative content delivery network solutions in the future. All
these factors are ready to contribute to the global content delivery network market in the forecast
period.
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Furthermore, in countries, such as India and China, the fame of online gaming and the preference
for digital marketing is escalating. The advances in technology, coupled with the rollout of smart
cities and 4G network rollouts, are also encouraging opportunities to come into the market. On this
line, large access providers and platform companies are pursuing integration initiatives to
withstand the intense competition globally. As such, companies offering technology solutions are
moving into content market space. The mounting population, coupled with the advent of new
network technologies, is also motivating content consumption and content delivery network. The
digitization of the media & entertainment industry is particularly driving market growth to a great
extent.
Segmentation of Market: Content Delivery Solutions
The global content delivery solutions market has further been studied among segmentation,
including segments of type, solutions, application, service providers, and vertical.
- By the segment of type, the market has included a standard content delivery network, video content
delivery network. - By the segment of solutions, the market has included media delivery, web performance
optimization, and cloud security. - By the segment of the application, the market has included network optimization, OTT streaming,
analytics & performance monitoring, and website & API management. - By the segment of service providers, the market has included traditional content delivery networks,
Telco content delivery networks,, and cloud services providers. - By the segment of vertical, the market has included retail & e-commerce, media & entertainment,
BFSI, gaming, IT & telecommunication, education, and others.
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Regional Outlook
North America, Europe, Asia-Pacific, and the rest of the world are the key regions mentioned in the
global content delivery solutions market’s regional analysis.
Among these regions, the North American region is anticipated to lead the content delivery network
market during the study period. The early adoption of IoT technology and smart devices such as
Smartphones and smart TV in North America are some of the factors motivating the growth of the
regional market. Furthermore, the incidence of technology leaders such as Verizon Digital Media,
Amazon Web Services, Akamai Technologies Inc., and CenturyLink is likely to contribute to the
growth of the content delivery network market in the region. The US, after Canada, leads the market
in North America.
The market in Asia-Pacific is also anticipated to occupy a significant share where China is likely to
lead the market.
Europe trails North America in the global content delivery network market. The Asia Pacific is
forecasted to outpace all other regions by growth owing to enhancements in technology in
emerging countries of the region.
Top Market Contenders
The top market players of global CDN market are listed as Limelight Networks Inc. (US), Akamai
Technologies Inc. (US), Tata Communications Ltd (India), CenturyLink (US), StackPath, LLC (US), Fastly Inc (US), Verizon Communications Inc. (US), CDNetworks Co. Ltd (South Korea), AT&T Inc.
(US), Amazon.com Inc. (US) and Comcast Corporation (US).
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