According to TechSci Research report, “Global Content
Delivery Network Market By
Type, By Service Provider, By Solution, By Adjacent Service, By End User, By
Region, Competition Forecast & Opportunities, 2013 – 2023’’, the
global content delivery network (CDN) market is forecast to grow at a CAGR of
more than 29% during 2018 - 2023. Increasing focus towards developing media-rich web pages, improving
performance of websites, mitigating website downtime coupled with growing
number of mobile devices and rising internet penetration is expected to fuel
CDN market across the globe in the coming years. Moreover, growing popularity
of e-commerce, OTT media services and online gaming is anticipated to further aid
growth in the global CDN market.
Browse 123 market data Tables and 108
Figures spread through 227 Pages and an in-depth TOC
on "Global Content Delivery Network Market"
Video CDN
dominates the global CDN market, owing to growing popularity of video media
streaming services, such as YouTube, Hulu, Netflix, etc., increasing presence
of video advertisement on websites and rising popularity of 4K content. Cloud
security CDN solution is expected to register the fastest growth rate in the
market, backed by rising number of cyber threats, growing data on the internet
network and capability of CDN to help with mitigating cyber attacks on the
origin server. North America holds the largest revenue share in the
CDN market, globally, owing to high awareness regarding OTT media services,
online gaming, growing demand for Web Performance Optimization (WPO) solutions
and increasing number of telco and cloud service providers foraying into the
CDN market in the region.
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“Upsurge in the adoption of fog & edge computing,
increasing digitalization in the BFSI sector and growing penetration of online
Virtual Reality (VR) and Augmented Reality (AR) applications, games, etc., is
anticipated to bolster demand for CDN. To grow customer base and provide
uninterrupted services, companies are looking into boosting the performance of
their websites and minimizing latency time, which is expected to provide
lucrative opportunities to global CDN providers during forecast period.”, said
Mr. Karan Chechi, Research Director with TechSci Research, a research based
global management consulting firm.
“Global
Content Delivery Network Market By Type, By Service Provider, By Solution, By
Adjacent Service, By End User, By Region, Competition Forecast &
Opportunities, 2013 – 2023” has evaluated the future growth potential of
content delivery network market and provides statistics and information on
market size, structure and future market growth. The report offers decision
makers superior market intelligence, thereby enabling them to conduct thorough
investment appraisal. Besides, the report also analyzes the evolving trends
along with major drivers, challenges and opportunities in the global content
delivery network market.
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