Content Delivery Network (CDN) Market Outlook, Development Factors and Opportunities 2023-2028

According to IMARC Group latest report titled “Content Delivery Network (CDN) Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028”, offers a comprehensive analysis of the industry, which comprises insights on Content Delivery Network (CDN) market report. The report also includes competitor and regional analysis, and contemporary advancements in the global market. The global content delivery network (CDN) market size reached US$ 18.4 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 41.6 Billion by 2028, exhibiting a growth rate (CAGR) of 14.4% during 2023-2028.

What are content delivery network?

A content delivery network (CDN) represents a collection of geographically distributed servers working in collaboration to deliver internet content swiftly. Its purpose is to provide the rapid loading of various types of internet content, including HTML pages, JavaScript files, stylesheets, images, and videos. By doing so, CDN enhances website loading speed and security, reduces bandwidth expenses, and improves content availability and redundancy. They ensure reliability, security, and cost-effectiveness. Consequently, CDN finds extensive applications across several sectors, such as healthcare, retail, e-commerce, banking, information technology (IT), telecommunication, government, media and entertainment, etc.

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What are the growth prospects and trends in the content delivery network industry?

The content delivery network (CDN) market is witnessing robust growth, owing to the increasing adoption of digitization practices in organizations across the globe. Additionally, the rising demand for rich video content and online video services and the inflating investments of gaming companies in CDN to facilitate the delivery of high-quality content and enhance user experience are also positively influencing the market growth. Apart from this, the growing internet usage and the expanding use of smart devices leading to the daily generation of massive data necessitating effective data management are acting as significant growth-inducing factors. This, coupled with the advantageous features of CDN, including efficient distribution of load by redirecting users to multiple servers and handling large internet traffic, is further stimulating the market growth. Moreover, the escalating focus of key market players on actively pursuing numerous techniques for web performance optimization and the elevating advancement in peer-to-peer technology (p2p), Internet of Things (IoT), 5G, wearable devices, virtual reality (VR), augmented reality (AR), etc., that are generating larger data volume are anticipated to propel the content delivery network (CDN) market in the future.

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Competitive Landscape:

The competitive landscape of the market has been studied in the report with the detailed profiles of the key players operating in the market.

• 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 (2017-2022)
• Market Outlook (2023-2028)
• Porter’s Five Forces Analysis
• Market Drivers and Success Factors
• SWOT Analysis
• Value Chain
• Comprehensive Mapping of the Competitive Landscape

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