Content Delivery Network (CDN) Security Market Analysis and Forecast to 2032: By Type (DNS Protection, DDoS Protection, Web Organization Size Firewall, Bot Mitigation & Screen Scraping Protection, Data Security), Organization Size (SMEs, Large Enterprises), End-use Industry (Media & Entertainment, Retail, BFSI, IT and Telecom, Healthcare, Others), and Region
The content delivery network (CDN) security market was valued at USD 19.2 billion in 2022 and it is anticipated to grow up to USD 49.1 billion by 2032, at a CAGR of 9.6% during the forecast period.
By localized caching, CDNs have been utilized to enhance online performance over the past 20 years. Now, CDN providers are being forced to broaden their performance-enhancing techniques to address the challenges of dynamic content, mobile, and video, as well as serving as the first line of defence against security threats, as a result of the growth in mobile engagement and the demands for the delivery of enhanced digital experiences.
For e-commerce websites, government organizations, and other sectors to guard against new security flaws, DNS protection is in great demand. Early adoption of cutting-edge technologies and the expanding dominance of well-known social media and OTT platforms have significantly increased demand for CDN security during the course of the projection period.
Content Delivery Network (CDN) Security Market Scope and Report Structure
Market Trends and Drivers
The expansion of the worldwide content delivery network (CDN) security market will be fueled by the proliferation of mobile apps. The number of mobile apps has expanded dramatically and is likely to climb more throughout the projection period. Two-thirds of all smartphone users worldwide use apps for social networking in addition to watching news, listening to music, or accessing entertainment or sports content. A CDN is used by these mobile applications to provide data. Depending on the kinds of mobile applications that users download, vendors target specific segments of their audience.
The growth of mobile apps has fueled OTT providers' desire for CDN security solutions. Because of the prevalence of mobile applications, brands and agencies no longer place a high priority on online content. With the global adoption of smartphones, the consumption of digital material via smartphones is rising quickly. These elements will accelerate market expansion throughout the anticipated term.
Market Restraints and Challenges
Major obstacles to the expansion of the worldwide CDN security industry include system integration and interoperability concerns. The BFSI, communications, transportation, media and entertainment, and public sector organizations are just a few of the industries that are increasingly adopting cutting-edge technology. System integration and interoperability problems result from the use of cutting-edge technology. Many businesses have integration problems while putting CDN security solutions in place. Vendors of CDN security solutions have to offer integrated IT solutions that may be easily included into an organization's current IT infrastructure.
Technological errors that occur during operations can cost businesses a lot of money and decrease their operational effectiveness. Some of the main problems encountered by CDN security providers include technical challenges, server faults, and other malfunctions brought on by hackers. Vendors must thus carry out several experiments in order to achieve high accuracy before releasing CDN security solutions on the market. Throughout the anticipated period, this aspect is anticipated to impede market expansion.
Content Delivery Network (CDN) Security Market Segmental Overview
The report analyses the content delivery network (CDN) security market based on type, organization size, end-use industry, and region.
Content Delivery Network (CDN) Security Market by Type
Based on the type, the content delivery network (CDN) security market is segmented into DNS protection, DDoS protection, web organization size firewall, bot mitigation & screen scraping protection, and data security. The market for web application firewalls (WAF) is propelled by consumers' demands for internal and external web application security. WAFs defend web applications and APIs from a variety of threats, such as application-layer denial of service (DoS), injection assaults, and automated attacks (bots). The main reason for employing cloud web application firewall (WAF) services is to defend against assaults and the exploitation of flaws in bespoke or third-party code. The WAF must examine the flow of traffic and determine whether it needs to be stopped. Applications that rely on low latency replies to function or engage their users may find this problematic, depending on the positioning of the network and how expensive the analytic operations they do may be.
Content Delivery Network (CDN) Security Market by Organization Size
By organization size, the market is bifurcated into SMEs and large enterprises. SMEs are highly investing in CDN security solutions to protect their networks against DDoS attacks and other threat vectors that might compromise the IT networks for the risk of being attacked. This rising awareness about DNS attacks, advanced cyber-attacks are directly impacting a company's productivity and brand reputation. CDN security helps SMEs to improve data security and also helps to reduce financial losses.
Content Delivery Network (CDN) Security Market by End-use
Industry
Based on end-use industry, the market is segmented into media & entertainment, retail, BFSI, IT and telecom, healthcare, and others. The media and entertainment sector is very concerned about piracy. For OTT service providers, file sharing, copying, and downloading from illegitimate web sources are serious issues. Thus, all OTT service providers must have premium content protection. As operators develop service models that let customers browse through a vast library of movies, music, TV shows, sports, and entertainment programmes on a secure platform, the significance of CDN security solutions has expanded in this business. The increased use of CDN Security solutions, which is fueled by a rise in demand for the CDN Security Industry, is largely responsible for the expansion of the media & entertainment category.
Regional Analysis of Content Delivery Network (CDN) Security Market
Region-wise, it is studied across North America, Europe, Asia Pacific, and the Rest of the World. North America dominated the content delivery network (CDN) security market and accounted for the largest revenue share in 2022 and is expected to be the most lucrative region during the forecast period. With a high internet penetration rate and an increasing number of users for online gaming and mobile video streaming, North America is expected to have a sizeable market position in the CDN security industry. The region's position as the market leader is also largely due to the existence of industry heavyweights and the early adoption of technology across several end-user verticals. Due to the prevalence of botnet command and control (C&C) servers, North America has the bulk of the market share. Attackers utilize them, often referred to as C2, to keep in touch with infected systems on a target network. These platforms, which boost the usage of bit mitigation services, include PCs, cellphones, and the Internet of Things.
Major Players in the Content Delivery Network (CDN) Security Market
Market players are focusing on strategic collaborations to enhance their product offerings. Some prominent participants in the content delivery network (CDN) security market include Packet Clearing House (US), Akamai Technologies, Inc. (US), Amazon Web Services, Inc. (US), CDNetworks Inc. (US), Cloudflare, Inc. (US), IABM (UK), IBM Corporation (US), Imperva, Inc. (US), Tata Communications (India) and Verizon Partner Solutions (US), among others.
COVID-19 Impact
The COVID-19 pandemic's effects on the market for content delivery network (CDN) security globally. The rapid spread of SARS-CoV-2 compelled governments worldwide to enact stringent regulations governing the mobility of people and vehicles. Governments responded by enacting travel restrictions, widespread lockdowns, and corporate closures that had an impact on national economies and industries, particularly in 2020. The enforcement of the lockdown also led to a decrease in the output of products, services, and commodities. On the other hand, the COVID-19 epidemic helped the content delivery network (CDN) security industry expand in 2020 as businesses for the first time ever required millions of workers to work remotely. Employees' use of less secure home and public Wi-Fi networks to access business systems caused a sharp surge in DNS searches, which in turn sparked an increase in DNS-targeting cyberattacks and increased demand for content delivery network (CDN) security.
Recent Developments
- In November 2022, A multi-year strategic agreement between Amazon Web Services and cloud-native logging and security analytics firm Devo Technologies was recently announced. With the help of this expanded cooperation, Devo would be able to quickly advance in the cutting-edge industries of applied AI/ML and security log analytics, build solutions that are compatible with Amazon security services, and provide customers with a better overall experience.
- In October 2022, With the global rollout of new, entirely software-defined scrubbing centres, Akamai Technologies, Inc., the cloud provider that provides and safeguards life online, announced a significant evolution of its DDoS protection platform (Prolexic), extending its dedicated defence capacity to 20 tbps and accelerating future product innovations. The modification enables Akamai Prolexic to better defend customers from multi-terabit assaults and give increased performance and dependability for online businesses of any size worldwide in response to a surge of more advanced and record-breaking DDoS attacks throughout the globe.
Frequently Asked Questions
Q1. How big is the content delivery network (CDN) security market?
Ans. The content delivery network (CDN) security market was valued at USD 19.2 billion in 2022 and it is anticipated to grow up to USD 49.1 billion by 2032, at a CAGR of 9.6% during the forecast period.
Q2. What is the content delivery network (CDN) security market growth rate?
Ans. The growth rate of the content delivery network (CDN) security market is 9.6%.
Q3. Which region holds a major market share for the market?
Ans. North America holds a major market share of the content delivery network (CDN) security market in 2022.
Q4. Which segment accounted for the largest content delivery network (CDN) security market share?
Ans. By end-use
industry, the media & entertainment segment accounted for the largest content delivery network (CDN) security market share in 2022.
Q5. Who are the key players in the content delivery network (CDN) security market?
Ans. The content delivery network (CDN) security market report includes players such as Packet Clearing House (US), Akamai Technologies, Inc. (US), Amazon Web Services, Inc. (US), CDNetworks Inc. (US), Cloudflare, Inc. (US), IABM (UK), IBM Corporation (US), Imperva, Inc. (US), Tata Communications (India) and Verizon Partner Solutions (US), among others.
Q6. What is the factor driving the content delivery network (CDN) security market growth?
Ans. The major factor driving the growth of the market is the proliferation of mobile applications.
Q7. What are the key growth strategies of content delivery network (CDN) security market players?
Ans. The key growth strategies of content delivery network (CDN) security market players are product launch and product approval.
Q8. Which region will provide more business opportunities for the content delivery network (CDN) security market during the forecast period?
Ans. The North America region will provide more business opportunities for the content delivery network (CDN) security market during the forecast period.
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