Increase in the number of the online users and rise in demand for quality video content is expected to drive the Saudi Arabia Content Delivery Network market in the forecast period.
The COVID-19 outbreak across the world which has been declared as a pandemic by World Health Organization has affected several countries adversely. Leading authorities of Saudi Arabia imposed lockdown restrictions and released a set of precautionary measures to contain the spread of novel coronavirus. Coronavirus-affected patients started suffering from shortness of breath along with coughing and sneezing. Organizations imposed work from home policy to ensure employees protection which urged the organization to transform their business models into a digital mode which in turn increased the demand for content delivery network services in the region. The facility offered by the organization such as work from home or bring your own device to offices is further accelerating the growth of the content delivery network market.
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Saudi Arabia Content Delivery Network Market is segmented into component, content type, provider type, application, organization size, regional distribution, company. Based on the component, the market can be bifurcated into solutions and services. The solutions segment is expected to witness growth in the forecast period, 2022-2026. The solutions segment can be divided into media delivery, cloud security, and web performance. To provide the consumer enhanced experience and to reduce the buffering time required for the loading of the websites is contributing to the growth of the solutions segment. Launch of programs like the National Transformation Program to digitize the overall system is contributing to the surge of the adoption of the content delivery network solutions. Use of the social media campaigns and marketing to improve the overall visibility of the brand products is influencing the content delivery network market growth. Based on the solution, the web performance segment is expected to hold the largest market share in the next five years. The web performance solution speeds up the loading of the web pages by delivering the replica or copy of the website by contacting the nearest content delivery network. This ensures the smooth flow of the information and provides the quality of services and quality of experience to the end-users. Based on the provider type, the marker can be divided into traditional CDN, telco CDN, cloud CDN, peer-to-peer CDN, others. The Traditional CDN players are expected to dominate the market in the next five years owing to the delivery of the services such as media delivery, network optimization, and content acceleration to ensure the smooth delivery of static and dynamic content all over the internet.
Microsoft Corporation, IBM Middle East FZ-L.L.C., Amazon Web Services, Inc., Google LLC, AT&T Mobility LLC, Cloudflare, Inc, Verizon Digital Media Services, Inc., Lumen Technologies, Internap Corporation, and others are some of the leading players operating in Saudi Arabia Content Delivery Network market. Companies operating in the market are using strategies such as joint ventures, product launches, mergers, and research collaborations to boost their share and increase their geographic reach.
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“The rise in the demand from the healthcare industry for content delivery network solutions for real-time analysis and monitoring of the patients to provide them with quality treatment is expected to spur market growth in the forecast period. The rise in the adoption of the telemedicine trend due to the growing penetration of the internet services and to get effective treatment from skilled healthcare professionals without needing to visit the healthcare facilities is expected to propel the content delivery network market growth till 2026” said Mr. Karan Chechi, Research Director with TechSci Research, a research based global management consulting firm.
“Saudi Arabia Content Delivery Network Market By Component (Solutions, Services) By Solutions (Media Delivery, Cloud Security, Web Performance) By Services (Storage services, Analytics and performance monitoring services, website and API management services, Network optimization services, support and maintenance, Others) By Content Type (Static, Dynamic) By Provider Type (Traditional CDN, Telco CDN, Cloud CDN, Peer-To-Peer CDN, Others) By Application (Media and Entertainment, Online Gaming, Retail and e-commerce, eLearning, Healthcare, Others) By Organization Size (Small and Medium-Sized Enterprises, Large Enterprises), By region, Company Forecast & Opportunities, 2026”, has evaluated the future growth potential of Saudi Arabia Content Delivery Network market and provides statistics & information on market size, structure and future market growth. The report intends to provide cutting-edge market intelligence and help decision makers take sound investment decisions. Besides, the report also identifies and analyzes the emerging trends along with essential drivers, challenges, and opportunities in Saudi Arabia Content Delivery Network market.
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