Content Delivery Network (CDN) Market Size to Grow by USD 67.67 Billion from 2022 to 2027, Akamai Technologies Inc., Amazon.com Inc., Broadcom Inc., Cloud Software Group Inc., and More Among the Key companies on the market, Technavio

NEW YORK, March 1, 2024 /PRNewswire/ — The the Content Delivery Network (CDN) market. the size is projected to increase by USD 67.67 billion from 2022 to 2027. The market is estimated to advance at a CAGR of 26.87%, according to a recent market study by Technavio. Technavio extensively analyzed 15 major vendors, including Akamai Technologies Inc., Amazon.com Inc., Broadcom Inc., Cloud Software Group Inc., Cloudflare Inc., Comcast Corp., Fastly Inc., Imperva Inc., International Business Machines Corp . ., Lumen Technologies Inc., Microsoft Corp., NetScout Systems Inc., Nippon Telegraph and Telephone Corp., proinity LLC, QUANTIL, Radware Ltd., StackPath LLC, Tata Sons Pvt. Ltd., Verizon Communications Inc. and Wangsu Science and Technology Co. Ltd. Market growth will be driven by high server availability, large growth in video streaming, and efficient data traffic management by reducing load times. Download a sample report

Key benefits for companies

• The report provides information on the criticality of supplier inputs, including R&D, CAPEX and technology.
• It also provides detailed analyzes of the market competitive landscape and vendor product offerings.
• The report also provides qualitative and quantitative vendor analysis to help clients understand the broader business environment as well as the strengths and weaknesses of key players in the market. The data is qualitatively analyzed to categorize vendors as pure players, category focused, industry focused and diversified; it is quantitatively analyzed to categorize suppliers as dominant, leading, strong, uncertain and weak. Expand operations in the future – To get the details you need, request a custom report.

Segmentation analysis

This content delivery network market report comprehensively covers market segmentation by solution (web performance optimization, cloud security and media delivery), type (video CDNs and non-video CDNs), and geography (North America, EuropeAPAC, South Americaand Middle East and Africa).

• Growth in the market share of the web performance optimization segment will be significant for the growth of the market during the forecast period. This segment is used to speed up the download of web pages or web page content for any organization on different end user devices. It also reduces page latency through an intelligent routing method. Furthermore, the ranking algorithms of search engines such as Google rank websites with faster page load times higher than those with lower page load times. Therefore, such factors drive the growth of the segment during the forecast period. To get detailed insights on inclusions and exclusions, buy a report

High server availability

With the help of CDNs, online assets can be easily distributed in different regions. Such networks can automatically sense server availability and redirect content accordingly. Minimizing latency provides users with an improved user experience.

Furthermore, video content is often uploaded to social media platforms. Additionally, various organizations share live events to increase traffic to their websites and strengthen their business, which is supported by the implementation of CDN solutions. Hence, such factors propel the growth of the market during the forecast period.

• The high cost of CDN solutions poses a challenge to the growth of the content delivery network market during the forecast period. Download a sample report

Analyst review

The content delivery network (CDN) market is experiencing unprecedented growth due to the exponential increase in internet traffic driven by various factors such as video streaming, online gaming, social media and digital content consumption. As these trends continue to evolve, companies must adapt to changing market dynamics to remain competitive.

One of the key drivers of the CDN market is the growing demand for online gaming, which has become a significant trend in recent years. As gamers expect seamless experiences and minimal lag, CDN providers are under pressure to improve scalability and ensure quality of service (QoS) to meet these expectations. Peer-to-Peer (P2P) CDN solutions have emerged to optimize content delivery for gaming platforms, mitigate download failures and server crashes.

Video streaming, especially in 4K and Ultra HD resolution, has grown in popularity, requiring efficient content caching and a global server network to reduce latency and ensure smooth playback. Over-The-Top (OTT) platforms and Video-On-Demand (VOD) services rely heavily on CDN infrastructure to deliver high-quality content to users around the world while addressing data security and privacy issues.

With the proliferation of online activities, including social media usage and e-commerce transactions, CDN providers play a critical role in protecting against viruses, cyber-attacks and poor digital rights management. Companies like Akamai Technologies, AWS, Google, and Microsoft offer comprehensive CDN solutions tailored to address these security and copyright issues.

The emergence of Bring Your Own Device (BYOD) and Choose Your Own Device (CYOD) policies has further emphasized the importance of mobility and connectivity services provided by CDNs. In addition, industries such as healthcare are leveraging CDNs to enable telemedicine and real-time data exchange while implementing strong security measures to protect patient data.

In the field of social media marketing, CDN services facilitate website and API management, hosting and co-location services to ensure seamless connectivity and optimal performance for businesses. API management solutions help simplify the exchange of data between applications while increasing security and compliance measures.

In conclusion, the CDN market continues to evolve in response to the growing demands of Internet users in various industries. As companies navigate the complexities of digital content delivery, the use of CDN solutions becomes imperative to deliver a superior user experience while addressing security, scalability and connectivity challenges. Download a sample report

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Content

1 Executive summary
2 Landscape
3 Sizing
4 Historical size
5 Five forces analysis
6 Segmentation
7 Customer landscape
8 Geographical landscape
9 Drivers, challenges and trends
10 The supplier landscape
11 Supplier analysis
12 Appendix

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SOURCE Technavio