PUBLISHER: The Business Research Company | PRODUCT CODE: 1392580
PUBLISHER: The Business Research Company | PRODUCT CODE: 1392580
“Content Delivery Network Global Market Report 2024 ” from The Business Research Company provides strategists, marketers and senior management with the critical information they need to assess the market.
This report focuses on content delivery network market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.
Where is the largest and fastest growing market for content delivery network? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? “The content delivery network market global report ” from The Business Research Company answers all these questions and many more.
The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market's historic and forecast market growth by geography.
The content delivery network refer to a geographically dispersed network of servers that collaborate to deliver internet material quickly. A well-built CDN may also help protect websites from common malicious attacks. A content delivery network is used for the rapid transfer of assets required for internet content loadings, such as HTML pages, JavaScript files, stylesheets, pictures, and videos.
The main types of content delivery networks are static content and dynamic content. Static content is any file that is kept on a server and is served to users, in the same way, each time. This type of information includes HTML files and photos. The various components include services and solutions. The provider types are traditional CDN, cloud CDN, P2P CDN, and telecom CDN. The various end-users of the content delivery network are media and entertainment, advertising, e-commerce, healthcare, business, and financial services, research and education, and other end-users.
The content delivery network market research report is one of a series of new reports from The Business Research Company that provides content delivery network market statistics, including content delivery network industry global market size, regional shares, competitors with a content delivery network market share, detailed content delivery network market segments, market trends and opportunities, and any further data you may need to thrive in the content delivery network industry. This content delivery network market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.
The content delivery network market size has grown rapidly in recent years. It will grow from $22. 35 billion in 2023 to $26. 35 billion in 2024 at a compound annual growth rate (CAGR) of 17. 9%. The growth in the historic period can be attributed to internet traffic growth, globalization of internet services, mobile internet usage, user experience optimization, security concerns, .
The content delivery network market size is expected to see rapid growth in the next few years. It will grow to $53. 42 billion in 2028 at a compound annual growth rate (CAGR) of 19. 3%. The growth in the forecast period can be attributed to dynamic content personalization, quality of service improvements, interactive content delivery, content streaming standardization, global events and peak traffic handling. . Major trends in the forecast period include rise in online content consumption, security features and ddos mitigation, multi-cloud cdn deployments, video streaming optimization, mobile content delivery optimization, application programming interface (api) protection, global expansion of cdn networks. .
The increase in usage of the internet and smart devices is expected to propel the growth of the content delivery network market. The number of smartphone users has increased significantly over the world due to its ease and the services offered. These services provide door-to-door services to their users which makes them convenient for use. Smartphones have access to the internet that provides a better outlook on the various social media applications where content is generated and uploaded every second. According to Bankmycell, a buyback mobile store in the USA, in 2022, the number of smartphones users are 6. 648 billion globally is 83. 89 % of the population. Moreover, there are 7. 92 billion mobile connections in the world. It is predicted that by 2025, 72 % of all internet users will access the internet only through their smartphones. Such rising usage of the internet and smart devices is expected to drive the content delivery network market growth.
The increased number of connected television (TVs) is expected to drive the growth of content delivery network market. Connected TVs, also known as smart TVs, refer to television sets equipped with internet connectivity and the ability to access online content and services. Connected TVs use content delivery network for better streaming services, OTT content, interactive advertisement, and enhanced live streaming. For instance, in April 2023 according to Eskimi, a Lithuania-based advertising services provider, in 2022, the count of monthly connected TV users within the Millennial demographic stood at 60. 5 million, and it is projected to increase to 62. 6 million by 2025, reflecting a growth of 2. 1 million. Furthermore, 87% of US TV households possess at least one Internet-connected TV device, encompassing smart TVs, standalone streaming devices, connected video game systems, or connected Blu-ray players. Therefore, the increased number of connected TVs is expected to propel the growth of content delivery network market going forward.
The agreement and collaboration among the companies is a key trend gaining popularity in the content delivery network market. These agreements and collaborations are intended to aid in the creation, transfer, and implementation of new techniques, as well as the execution of collaborative projects that emphasize collaboration, peer learning, and experience sharing. In March 2021, Ingram Micro Cloud, a US-based company announced a new global strategic collaboration agreement with AWS. Ingram Micro Cloud and AWS will accelerate initiatives to grow reach and footprint in existing geographic regions and expand into new geographic markets throughout EMEA, LATAM, and ASEAN countries during this multi-year worldwide partnership. Through the Ingram Micro Cloud Marketplace, Ingram Micro Cloud hopes to increase AWS adoption with emerging ISVs while also encouraging more adoption of AWS solutions among SMB clients. In March 2021, Deutsche Telekom a German-based company announced a partnership agreement with Amazon Web Services to help businesses manage their digital transformations more quickly, efficiently, and securely. T-Systems cloud solutions will provide customers with speedier application cloud migration, compute and storage solutions, and increased security.
Major companies operating in the content delivery network market are developing innovative products such as Edge CDN to meet the growing demand for content delivery network. An edge content delivery network (CDN) is a distributed network of servers located at the 'edge' of the internet that caches and delivers web content closer to end-users for improved performance and reduced latency. For instance, in September 2022 Bharti Airtel, an India-based telecommunications company announced the launch of Edge CDN as part of its Edge Cloud Portfolio, marking its entry into the content delivery network (CDN) market. The telecom business has teamed up with CDN enabler Qwilt to implement Edge CDN. Edge CDN is based on Qwilt's technology, will improve the quality and delivery capacity of its live streaming, VoD, and media applications to over 400 million users in India. .
In March 2022, Akamai Technologies, a US-based software developer acquired Linode LLC for an undisclosed amount. Linode's cloud computing capabilities, combined with Akamai's market-leading edge platform and security services, were expected to create a powerful platform for businesses. The acquisition of Linode is expected to provide Akamai's customers with a massively distributed platform that is friendly to developers for building, running, and securing applications. Linode LLC is a US-based IT service management company that provide content delivery network.
Major companies operating in the in the content delivery network market report are Akamai Technologies, Microsoft Corporation, Google LLC.,AT&T Inc., Amazon Web Services Inc., Limelight Networks, Fastly Inc., Cloudflare Inc.,Verizon Communications Inc. , IBM Corporation, Tata Communications Ltd., OnApp Limited,Quantil Inc., Alibaba. com, Citrix Systems, CenturyLink Technology Singapore Pte. Ltd, Lumen Technologies, StackPath LLC., Deutsche Telekom AG, G-Core Labs S. A, Rackspace Technology, Tencent Cloud, Kingsoft Corporation Ltd., iScaler Ltd., Imperva Inc., CDNetworks Co. Ltd., DataCamp Limited, Sucuri Inc., CacheNetworks LLC., Leaseweb, Internap Holding LLC.
North America was the largest region in the content delivery network market in 2023. The regions covered in the content delivery network market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
The countries covered in the content delivery network market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Italy, Canada, Spain.
The content delivery network market includes revenues earned by entities by providing various services such as live streaming media services, on-demand video streaming media services, end to end contact delivery services. The market value includes the value of related goods sold by the service provider or included within the service offering. Only goods and services traded between entities or sold to end consumers are included.
The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified)).
The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.