Content Delivery Network Market Size, Share and Global Market Forecast to 2027

4.2
Content Delivery Network Market Size, Share and Global Market Forecast to 2027

The Content Delivery Network Market was valued at USD 12,427 million in 2019 and is projected to grow at robust CAGR of 13.7% over the forecast period

Content Delivery Network Market

The Content Delivery Network Market was valued at USD 12,427 million in 2019 and is projected to grow at robust CAGR of 13.7% over the forecast period (2020-2027).

The factors driving the growth of Content Delivery Network Market includes increasing internet penetration, growing demand for smart devices, consumers inclination for OTT Platforms and rising volumes of data generated around the world. According to the report published by Bloomberg, the Global OTT Content Market is predicted to reach USD 101.2 billion in 2021, exhibiting a CAGR of 14.5 % during the forecast period (2021-2028), which will boost the Content Delivery Network Market share in the approaching years. Moreover, the rising online gaming trend, increasing availability of e-learning platforms and growing demand for enhanced Quality of Services (Qos) and Quality of Experience (QoE), are some of the additional factors supplementing the Content Delivery Network Market size. As per Business Standard, Byju’s became the E-learning Indian Start-up to reaches USD 21 billion to become the 13th most valuable Unicorn in India. In addition, the increasing number of smart cities across the globe, the advent of 5G Technology and rising adoption of Software-defined networking (SDN), are further propelling the market growth.

However, the growth of Content Delivery Network Market is hindered due to growing concerns about privacy and complex structure of CDN.

The prominent players operating in the market are Verizon Communications Inc., Lumen Technologies, Inc., Limelight Networks, Inc., Akamai Technologies, Inc., International Business Machines Corporation, Amazon.com, Inc., Microsoft Corporation, Alphabet Inc., AT&T, Inc. and Cloudflare, Inc. among others.

Solution – Segment Analysis

Based on solution, the media delivery is predicted to capture sizeable share in the market during the forecast period. The rising digitalization, improved network bandwidth, increasing installations of social media platforms and mobile based applications in smart phones, are some of the factors responsible for the growth of the segment.

End-User – Segment Analysis

Based on end-user, the e-commerce segment dominated the market over the forecast period attributed to shift in consumers preference for online mode for shopping over walk-in traditional stores, according to Oberalo, almost 27.2 % of the world’s population is now shopping online and e-commerce platforms are predicted to hold 22.0% of retail sales worldwide by the end of 2023.

Regional – Segment Analysis

Based on region, North America is anticipated to grow at a remarkable CAGR during the forecast period. The increasing sales of smartphone, availability of high bandwidth facilities, growing demand for OTT Platforms and high disposable incomes, are some of the important factors influencing the market growth in North American region.

Market Segmentation

Global Content Delivery Network Market by Solution

Media Delivery

Cloud Security

Web Performance

Global Content Delivery Network Market by End-User

Media and Entertainment

Advertising

E-Commerce

Healthcare

Business and Financial Services

Research and Education

Others

Global Content Delivery Network Market by Region

Asia Pacific

China

Japan

India

Rest of APAC

North America

United States of America

Canada

Europe

United Kingdom

Germany

France

Spain

Rest of Europe

RoW

Brazil

South Africa

Saudi Arabia

UAE

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