Content Delivery Network Market Overview, Cost Structure Analysis and Forecast to 2030

Posted on 2023-02-24 by researchinsights in Technology // 0 Comments

San Francisco, California , USA, Feb 24, 2023 — /EPR Network/ —

Content Delivery Network Industry Overview

The global content delivery network market size was valued at USD 15.47 billion in 2021 and is expected to expand at a compound annual growth rate (CAGR) of 23.0% from 2022 to 2030.

The COVID-19 pandemic has directly affected the market as the content delivery network vendors rely on several economic factors, such as vibrant financial markets, the flow of liquidity, and capital from financial institutes, for their revenue. Despite these factors, the CDN market is expected to witness steady growth over the forecast period due to the increasing volumes of data being exchanged on the internet in line with the continuous rollout of high-speed networks.

Gather more insights about the market drivers, restraints and growth of the Global Content Delivery Network Market

Numerous organizations globally are not renewing their on-premise CDN service subscriptions as they have shifted to working remotely due to the pandemic. Content delivery network solutions are extensively used in the media and entertainment industry to boost audio and video content delivery. The continuous evolvement of content consumption and the need for high-quality and original content has catered to the need for efficient CDN solutions that can improve network performance and enhance content delivery. The growing demand for Over the Top (OTT) and Video-on-Demand (VOD) services will ensure continuous content delivery over a high-speed data network and is expected to boost the growth of the market over the forecast period.

The global e-commerce industry is continuously evolving in line with the evolving consumer behavior. CDN solutions are effectively deployed in e-commerce industries to ensure that the industries operate efficiently at full capacity and that customers have access to all the necessary data to make an informed buying choice. Customers are shifting from traditional television to video content delivery over a cellular network, as CDN solutions are also being deployed in that domain to improve content delivery. Simultaneously, the application of digital solutions based on IoT networks and artificial intelligence across various industries is driving market players to develop and promote customized industry-specific CDN solutions.

The growing adoption of OTT and VOD services involves broadcasters offering latency-free data over the network and enhancing the quality of video delivery. The continuous investments in network infrastructure worldwide, especially in emerging economies such as India, have improved the overall network connectivity, bandwidth, and coverage. These developments have been instrumental in ensuring consumers can stay connected, get instant updates, and retrieve readymade media data. This is a driving factor for broadcasters to enhance content delivery while delivering diversified data for consumption across several applications.

Additionally, digital marketing preferences and online gaming are growing considerably, particularly in countries, such as India and China. The advancements in technology coupled with the smart city initiatives and impending rollout of 5G networks are also key driving factors for the growth opportunities for the content delivery network market in the forthcoming years. At this juncture, major platform providers and companies are increasingly pursuing vertical and horizontal integration initiatives to withstand the intense competition. As such, organizations that are commonly known for offering technology solutions are shifting towards content market space.

Browse through Grand View Research’s Communications Infrastructure Industry Related Reports

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Content Delivery Network Industry Segmentation

Grand View Research has segmented the global content delivery network market based on content-type, solutions, service provider, end use, and region:

CDN Content-type Outlook (Revenue, USD Million, 2017 – 2030)

Static
Dynamic

CDN Solutions Outlook (Revenue, USD Million, 2017 – 2030)

Web Performance Optimization
Media Delivery
Cloud Security

CDN Service Provider Outlook (Revenue, USD Million, 2017 – 2030)

Traditional Commercial
Cloud
Peer-to-Peer
Telecom

CDN End-Use Outlook (Revenue, USD Million, 2017 – 2030)

Advertising
E-commerce
Media & Entertainment
Gaming
Others

CDN Regional Outlook (Revenue, USD Million, 2017 – 2030)

North America
Europe
Asia Pacific
Latin America

MEA (Middle East & Africa)

Key Companies profiled:

Some prominent players in the global Content Delivery Network Industry include

Akamai Technologies
Amazon Web Services, Inc.
International Business Machines Corp.
Limelight Networks
Verizon
AT&T Intellectual Property
Google LLC
Microsoft
CenturyLink
Deutsche Telekom AG
Tata Communications
Fastly, Inc.
Tencent Cloud
Kingsoft Corporation, Ltd.
Alibaba.com

Order a free sample PDF of the Content Delivery Network Market Intelligence Study, published by Grand View Research.

About Grand View Research

Grand View Research, U.S.-based market research and consulting company, provides syndicated as well as customized research reports and consulting services. Registered in California and headquartered in San Francisco, the company comprises over 425 analysts and consultants, adding more than 1200 market research reports to its vast database each year. These reports offer in-depth analysis on 46 industries across 25 major countries worldwide. With the help of an interactive market intelligence platform, Grand View Research Helps Fortune 500 companies and renowned academic institutes understand the global and regional business environment and gauge the opportunities that lie ahead.

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