Content Delivery Network (CDN) Market
According to IMARC Group latest report titled “Content Delivery Network (CDN) Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027”, offers a comprehensive analysis of the industry, which comprises insights on . 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$ 15.8 Billion in 2021. Looking forward, IMARC Group expects the market to reach US$ 36.6 Billion by 2027, exhibiting a growth rate (CAGR) of 14.98% during 2022-2027.
A content delivery network (CDN) represents a geographically distributed group of servers that operate together to present fast delivery of internet content. It allows quick loading of online ranges, such as JavaScript files, stylesheets, hypertext markup language (HTML) pages, images, and videos. CDN assists in reducing bandwidth costs, improving website load time and security, and increasing content availability and redundancy. In addition, this network is secure, reliable, and cost-effective. As a result, CDN finds widespread applications across various sectors, including healthcare, retail, BFSI, e-commerce, IT and telecommunication, media, entertainment, government, public, etc.
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The emerging trend of digitization in organizations across the globe is among the primary factors driving the content delivery network (CDN) market. Besides this, the escalating demand for rich video content and online services is propelling the leading gaming companies to increasingly fund this network for delivering high-quality content to ensure an enhanced user experience, which is further augmenting the market growth.
Moreover, the rising amount of data generated on a daily basis that requires appropriate management, owing to the extensive utilization of the internet and smart devices and the several beneficial features of CDN, such as handling large internet traffic by diverting the users to additional servers and distributing the load efficiently are also catalyzing the global market. Apart from this, the increasing focus of the key players on several techniques for web performance optimization is acting as another significant growth-inducing factor. Furthermore, the introduction of peer-to-peer technology (p2p), 5G, wearable devices, the internet of things (IoT), virtual reality (VR), augmented reality (AR), and advancing technological innovations are expected to bolster the content delivery network (CDN) market in the coming years.
The competitive landscape of the market has been studied in the report with the detailed profiles of the key players operating in the market.
Our report has categorized the market based on region, component, content type, provider type and industry vertical.
Breakup by Provider Type:
Breakup by Industry Vertical:
Breakup by Region:
Key highlights of the report:
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