Authored By: Sarah
15 Jul 2024

 Content Delivery Network (Cdn) Market Size to grow by USD 146761.7 million between 2024-2028

According to a research report “ Content Delivery Network (Cdn) Market” by Solution (Web performance optimization, Cloud security, Media delivery) Type (Video CDNs, Non-video CDNs) Geography (North America, Europe, APAC, South America, Middle East and Africa)- Global Forecast to 2028 published by Technavio, the market size is estimated to grow by USD 146761.7 million, at a CAGR of  37.87% during the forecast period. The CDN market is experiencing significant growth due to the enhanced services provided by Content Delivery Networks. By automatically sensing server availability and directing content to the nearest servers, CDNs ensure optimal delivery of dynamic and interactive online assets to end-users. This process minimizes latency, providing a superior user experience while reducing bandwidth requirements. The high server availability guarantees the timely fulfillment of content requests, ensuring customer satisfaction and business efficiency.

Browse market data tables, figures, and in-depth TOC on “Content Delivery Network (Cdn) Market” by Solution (Web performance optimization, Cloud security, Media delivery) Type (Video CDNs, Non-video CDNs) Geography (North America, Europe, APAC, South America, Middle East and Africa) Global Forecast to 2028. Download Free Sample

 

By Solution, the Web performance optimization segment is projected to dominate the market size in 2024

The global Content Delivery Network (CDN) market is experiencing significant growth, particularly in the segment dedicated to video content delivery, known as Video CDNs. This trend is driven by several factors, including the expanding penetration of broadband services and the increasing utilization of rich media files within the media, enterprise, and entertainment industries. Moreover, the growing preference for mobile networks is further fueling the adoption of Video CDNs due to their efficiency in managing video data traffic. These factors collectively indicate a promising growth trajectory for the Video CDN market during the forecast period.

By Type, Video CDNs  segment is expected to hold the largest market size for the year 2024

The content delivery network (CDN) market's web performance optimization segment is projected to experience substantial expansion throughout the forecast period. By employing web performance optimization techniques, organizations can enhance the loading speed of their web pages or content on various end-user devices. This is accomplished through intelligent routing methods that minimize latency by delivering a cached copy of the web page or website from the CDN server closest to the user's location. If the desired content is not available on the nearest server, the solution will route the user's request to the next-closest CDN or a third-party server that holds the requested page, ensuring optimal user experience.

North America is forecasted to hold the largest market size by region in 2024

The Content Delivery Network (CDN) market is experiencing significant growth due to the increasing demand for faster and more efficient content delivery. Companies are recognizing the value of CDNs in enhancing user experience, reducing latency, and improving website performance. CDNs distribute content from multiple servers located in various regions, ensuring timely delivery and minimizing the strain on origin servers. This results in improved website availability, increased traffic handling capacity, and reduced bandwidth costs. The market is expected to continue expanding as businesses prioritize digital transformation and the need for seamless content delivery becomes increasingly critical.

The Content Delivery Network (Cdn) Market growth and forecasting report also includes detailed analyses of the competitive landscape of the market growth and forecasting and information about 20 market companies, 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.
  • Wangsu Science and Technology Co. Ltd.
.

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Research Analysis Overview

The Content Delivery Network (CDN) market is experiencing significant growth due to the increasing demand for localized caching, low-latency digital experiences, and high-quality content delivery. With smart city initiatives and the rise of the media & entertainment industries, CDNs have become essential for delivering ready-made media data, video content, and online gaming experiences with minimal latency. E-commerce platforms and streaming services rely heavily on CDNs to ensure fast and reliable delivery of digital content to their users. Media & entertainment industry players, including video delivery and online gaming companies, are also leveraging CDNs to provide high-quality, latency-free data to their customers. Social media platforms and internet traffic have also contributed to the growth of the CDN market. Bad feedback from users due to slow downloads or buffering during video streaming or online gaming can significantly impact a company's reputation. CDNs help mitigate these issues by caching content closer to the end-user, reducing network congestion and ensuring a seamless digital experience. In summary, the CDN market is a critical component of the digital media landscape, enabling high-quality, low-latency delivery of digital content to users across various industries, including media & entertainment, e-commerce, and gaming.

Market Research Overview

The Content Delivery Network (CDN) market is experiencing significant growth due to the increasing demand for content delivery optimization, network operational efficiency, and reduced latency. VOD subscriptions, website caching, software delivery, and media delivery are key applications driving this growth. Telecom CDNs and conventional CDNs are leading the market, leveraging high-speed networks to provide optimized content delivery and content acceleration. The E-Commerce sector, media & entertainment industries, and cloud segment are major contributors to the CDN market, with high-performance services and dynamic security becoming increasingly important. The media delivery segment, including video streaming services and 4K resolution display on smart devices, is a significant growth area. SMEs and IoT devices require real-time applications and low-latency digital experiences, making CDNs essential for high-quality streaming and continuous content delivery. Edge servers and edge computing architectures, powered by software-defined networking and distributed infrastructure, enable localized caching and improved network performance. The media & entertainment industry, including broadcasters and OTT media services, benefits from CDNs for 4K video content and real-time applications. The cloud segment, including cloud security and connectivity services, also relies on CDNs for secure and high-speed data network performance. CDN solutions offer capabilities for website performance, API management, and cybersecurity, addressing concerns such as connectivity problems, server crashes, and download failures. They also provide solutions for digital rights mismanagement, privacy, security, and cyberattacks. The CDN market caters to various industries, including media & entertainment, e-commerce, and IoT networks, offering ready-made media data, latency-free data, and high-quality streaming services for smartphones, tablets, and other connected devices. The future of CDNs lies in 5G networks, Peer-to-Peer CDNs, and decentralized protocols, enabling immersive media experiences for OTT users and real-time applications.

Contacts

Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
Email: media@technavio.com
Website: www.technavio.com/

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