Friday 15 November 2019

Content Delivery Network Market Trends, Growth, Opportunities and Emerging Technologies 2024


Global Content Delivery Network Market Report by Type (Standard Content Delivery Network, Video Content Delivery Network), Solution (Media Delivery, Web Performance Optimization, Cloud Security), Application (OTT Streaming, Network Optimization, Website & API Management, Analytics & Performance Monitoring), Service Provider(Telco Content Delivery Network, Traditional Content Delivery Network, Cloud Services Providers and Others), Vertical (Media & Entertainment, Retail & e-commerce, Gaming, BFSI, IT & Telecommunication, Education) and Region.

Content Delivery Network Market Research Report - Global Forecast till 2024
The content delivery network is a distributed network of optimized servers which are designed to deliver content such as media, web applications, APIs, and software globally. There are various advantages of CDN for the end users as it increases the speed of content delivery and keeps the content accessible even during excessive user traffic and server outages. Moreover, the CDN secures content delivery by providing security against the web-based attacks that has led to an increase in network traffic; this allows seamless delivery of content to end users. One of the major factors contributing to the growth of the CDN market is the rising demand for high-performance content delivery networks.


Global Mixed Reality Market: Segmentation
The global CDN market has been segmented based on type, solution, application, service providers, verticals and region.
Based on type, the market has been categorized as standard content delivery network, and video content delivery network. The video content delivery network segment is further divided into live linear streaming, on-demand streaming, and live streaming.
Based on solution, the global content delivery market has been segmented into web performance optimization, media delivery, cloud security, and others. The media delivery segment accounted for the largest market share of 49.0% in 2018, growing at a CAGR 25.0%.
By application, the global content delivery network segment has been divided into OTT streaming, analytics and performance monitoring, network optimization, and website and API management.
Based on service provider, the CDN market has been segmented as traditional content delivery network, telco content delivery network, cloud service providers, and others.
Based on vertical, the global content delivery network market has been segmented into BFSI, media and entertainment, gaming, retail and e-commerce, education, IT and telecommunication, and others.


Regional Analysis
North America is expected to lead the global CDN market during the forecast period, followed by Europe. Increasing adoption of IoT devices, smartphones, laptops, and others, generating high volumes of content including videos, images, and other media is driving the adoption of CDN. Moreover, the presence of various key players in the region is also contributing to the market growth. The US dominates the market in North America followed by Canada.

Market Players
Some of the prominent players in the global CDN market are Akamai Technologies Inc. (US), Limelight Networks Inc. (US), CenturyLink (US), Tata Communications Ltd (India), Fastly Inc (US), StackPath, LLC (US), CDNetworks Co. Ltd (South Korea), Verizon Communications Inc.(US), Amazon.com Inc. (US), AT&T Inc.( US), Comcast Corporation (US) among others.


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