PUBLISHER: KBV Research | PRODUCT CODE: 1498457
PUBLISHER: KBV Research | PRODUCT CODE: 1498457
The Asia Pacific Content Delivery Network Market would witness market growth of 18.0% CAGR during the forecast period (2024-2031).
The China market dominated the Asia Pacific Content Delivery Network Market by Country in 2023, and would continue to be a dominant market till 2031; thereby, achieving a market value of $5,547.1 million by 2031. The Japan market is experiencing a CAGR of 17.3% during (2024 - 2031). Additionally, The India market would exhibit a CAGR of 18.8% during (2024 - 2031).
A content delivery network, abbreviated as CDN, is an interconnected infrastructure of servers located in various geographical areas responsible for providing users with web-based content in accordance with their geographic coordinates. Text, images, videos, and scripts may represent this supported content. By minimizing latency, load times, and the likelihood of network congestion, CDNs aim to enhance the performance and dependability of content delivery. By utilizing the edge server rather than the origin server where the content is physically stored, the CDN reroutes user requests for content from a website or application. This reduces the distance the content must travel, improving delivery speed and reducing latency.
A rising demand for dependable and expeditious content delivery solutions has propelled substantial expansion in the market over the past few years. CDNs are crucial in optimizing web content delivery, applications, and streaming media by caching content on servers closer to end-users. This reduces latency, improves load times, and enhances the user experience. With the proliferation of digital content and the rise of online streaming services, the need for efficient content delivery has become paramount, driving the adoption of CDN solutions across various industries.
Numerous significant factors have contributed to the substantial growth of the gaming industry in the Asia-Pacific region. One factor is the region's large and diverse population, which includes a growing middle class with higher disposable income. In Japan, the Ministry of Economy, Trade and Industry (METI) reported that Japan's online gaming industry was valued at approximately ¥1.3 trillion in 2022. With a high internet penetration rate of 84% according to Statistics Japan, the need for efficient and reliable CDNs has become critical to support the seamless delivery of online games and related content. Thus, the aforementioned elements will support the market's growth throughout the forecast period.
Based on Service, the market is segmented into Standard CDN and Video CDN. Based on Service Provider, the market is segmented into Traditional Commercial, Telecom, Peer-to-Peer, and Cloud. Based on Solutions, the market is segmented into Media Delivery, Web Performance Optimization and Cloud Security. Based on End-use, the market is segmented into Media & Entertainment, E-commerce, Advertising, Gaming, and Others. Based on countries, the market is segmented into China, Japan, India, South Korea, Singapore, Malaysia, and Rest of Asia Pacific.
List of Key Companies Profiled
Asia Pacific Content Delivery Network Market Report Segmentation
By Service
By Service Provider
By Solutions
By End-use
By Country