Content Delivery Network Market Size Expands to USD

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Newark, May 02, 2022 (GLOBE NEWSWIRE) — According to report published by The Brainy Insights, the global Content Delivery Networks (CDN) market is expected to grow from USD 17.70 billion in 2021 to USD 81.86 billion. by 2030, at a CAGR of 18.55% during the forecast period 2022-2030.
The primary goal of a content delivery network is to improve web performance by reducing the time it takes to deliver content and rich media to users. A content delivery network is a highly distributed platform by the server, which supports the reduction of delays and wasted time in web page and range loading by reducing the physical distance between the server and the user.

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A content delivery network can deliver the help needed to load Internet content, including videos, images, and HTML pages. Content delivery networks cover users and content providers by mitigating a full spectrum of attacks without malicious products ever compromising availability and delivery.

The increasing progress in the development and improvement of broadband infrastructure is expected to increase the demand for the content delivery network (CDN) market during the projection period. The factors such as increasing demand from online gaming industries, rising broadband internet penetration, expansive growth in OTT business and improvements in network infrastructure are propelling the growth of the market over the period of throwing. Moreover, with the increasing use of the internet and smart devices, a massive amount of data is generated daily. which requires intelligently managed web performance optimization solutions also helps drive the market growth over the forecast period. Furthermore, advancements in technology, 5G web deployment and online consumer loyalty are also helping to drive the growth of the market over the forecast period.

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The major players operating in the global content delivery network (CDN) market are Microsoft Corporation, Akamai Technologies, Fastly, QUANTIL, Citrix Systems, Tata Communications, Leaseweb, G-Core Labs SA, Limelight Networks, OnApp Limited, Amazon Web Services, Inc., IBM Corporation, Google, Verizon Media, NTT Communications Corporation, Deutsche Telekom AG, Cloudflare, Inc., StackPath, LLC, Lumen Technologies, AT&T, Alibaba Cloud, Comcast Technology Solutions, Broadpeak, Rackspace Technology, Imperva, etc. . To strengthen their position in the global Content Delivery Network (CDN) market, the major players are now focusing on adopting strategies such as product innovations, mergers and acquisitions, recent developments, joint ventures, collaborations and partnerships.

The traditional CDN provider type led the market with a market share of 28.19% and a market value of around 4.98 billion in 2021.

The provider type segment is divided into cloud CDN, traditional CDN, P2P CDN, telco CDN and others. The traditional CDN type of provider dominated the market with a market share of 28.19% and a market value of approximately 4.98 billion in 2021. This is due to the numerous solutions presented by service providers for the web optimization.

The dynamic content type segment led the market with a market share of 56.12% and a market value of around 9.94 billion in 2021.

The content type segment is divided into dynamic content and static content. Dynamic content type segment dominated the market with a market share of 56.12% and a market value of approximately 9.94 billion in 2021. This growth is attributed to the growing demand for video streaming services in real time.

The media delivery solutions segment led the market with a market share of 42.18% and a market value of around 7.46 billion in 2021.

The solutions segment is divided into cloud security, media delivery and web performance optimization. The media delivery solutions segment dominated the market with a market share of 42.18% and a market value of approximately 7.46 billion in 2021. This growth is attributed to the growing need for delivery network solutions of content. Moreover, by 2030, the cloud security solutions segment is likely to dominate the market due to the rising concerns over data protection and privacy security.

The media and entertainment vertical segment led the market with a market share of 20.10% and a market value of approximately 3.55 billion in 2021.

The vertical segment is divided into retail and e-commerce, healthcare, BFSI, government, media and entertainment, travel and tourism, and online gaming. The vertical segment of media and entertainment led the market with a market share of 20.10% and a market value of around 3.55 billion in 2021. This growth is attributed to the growing demand for online video streaming .

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Regional Segment Analysis of Content Delivery Network (CDN) Market:

• North America (United States, Canada, Mexico)
• Europe (Germany, France, United Kingdom, Italy, Spain, Rest of Europe)
• Asia-Pacific (China, Japan, India, rest of APAC)
• South America (Brazil and rest of South America)
• Middle East and Africa (UAE, South Africa, Rest of MEA)

The North America region has emerged as the largest market for the global content delivery network (CDN) market with a market share of 41.25% and a market value of around $7.30 billion in 2021. North America is currently dominating the content delivery network (CDN) market owing to the growing number of users accessing content from the network. Additionally, increasing digitization in several business verticals, including gaming, retail and e-commerce, and media and entertainment, is driving the adoption of content delivery network solutions in the region. In addition, the Asia-Pacific region is expected to post the fastest CAGR of 10.02% over the projection period. This growth is attributed to the presence of developing economies like China and India. Furthermore, the robust economic growth coupled with the continuous development of the telecommunications and IT sector is also propelling the growth of the market in this region.

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About the report:

The global content delivery network (CDN) market is analyzed based on value (USD billion). All segments have been analyzed on a global, regional and country basis. The study includes analysis of more than 30 countries for each segment. The report offers an in-depth analysis of the drivers, opportunities, restraints and challenges to obtain key market insights. The study includes Porter’s Five Forces Model, Attractiveness Analysis, Commodity Analysis, Supply, Demand Analysis, Competitor Position Grid Analysis, analysis of distribution and marketing channels.

About The Brainy Insights:

The Brainy Insights is a market research company, aiming to provide businesses with actionable insights through data analytics to improve their business acumen. We have a robust forecasting and estimating model to meet customers’ high-quality production goals in a short period of time. We provide custom (customer specific) and syndicated reports. Our union reporting repository is diverse across all domain categories and subcategories. Our customized solutions are designed to meet customer needs, whether they are looking to expand or planning to launch a new product in the global market.

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