Content Delivery Network (CDN) Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027

Content Delivery Network (CDN) Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027

The global content delivery network (CDN) market size reached US$ 15.8 Billion in 2021. Looking forward, IMARC Group expects the market to reach US$ 36.6 Billion by 2027, exhibiting a growth rate (CAGR) of 14.98% during 2022-2027. Keeping in mind the uncertainties of COVID-19, we are continuously tracking and evaluating the direct as well as the indirect influence of the pandemic on different end use industries. These insights are included in the report as a major market contributor.

Content delivery network (CDN) refers to a geographically dispersed group of servers that operate together to offer fast delivery of internet content. It allows quick loading of internet content, such as hypertext markup language (HTML) pages, JavaScript files, stylesheets, images, and videos. It assists in improving website load time and security, reducing bandwidth costs, and increasing content availability and redundancy. As it is reliable, secure, and cost-effective, CDN is gaining immense popularity across the globe.

Content Delivery Network (CDN) Market Trends:
The increasing trend of digitization in organizations across the globe represents one of the key factors strengthening the growth of the market. Apart from this, there is a rise in the demand for rich video content and online video services. As a result, gaming companies worldwide are increasingly funding CDN to deliver high-quality content for ensuring a better user experience. Moreover, due to an increase in the utilization of the internet and smart devices, there is a considerable rise in the amount of data generated on a daily basis, which requires appropriate management. This, in confluence with various beneficial features of CDN, including handling large internet traffic by diverting the users to different servers and distributing the load efficiently, is contributing to market growth. Furthermore, leading market players are focusing on different techniques for web performance optimization. Besides this, they are also increasing the data volume of CDN due to the advent of peer-to-peer technology (p2p), 5G, wearable devices, the Internet of Things (IoT), virtual reality (VR), augmented reality (AR), and advancing technological innovations. These innovations are projected to impel the growth of the market further in the coming years.

Key Market Segmentation:
IMARC Group provides an analysis of the key trends in each sub-segment of the global content delivery network (CDN) market, along with forecasts at the global, regional and country level from 2022-2027. Our report has categorized the market based on component, content type, provider type and industry vertical.

Breakup by Component:

Solution
Service

Breakup by Content Type:

Dynamic Content
Static Content

Breakup by Provider Type:

Traditional CDN
Telecommunication CDN
Cloud CDN
Peer-to-Peer CDN

Breakup by Industry Vertical:

Healthcare
Retail and E-Commerce
BFSI
IT and Telecommunication
Government and Public Sector
Media and Entertainment
Others

Breakup by Region:

North America
United States
Canada
Asia-Pacific
China
Japan
India
South Korea
Australia
Indonesia
Others
Europe
Germany
France
United Kingdom
Italy
Spain
Russia
Others
Latin America
Brazil
Mexico
Others
Middle East and Africa

Competitive Landscape:
The competitive landscape of the industry has also been examined along with the profiles of the key players being Akamai Technologies Inc., Amazon.com Inc., AT&T Inc., CDNetworks Co. Ltd. (Hong Kong Wangsu Science & Technology), Cloudflare Inc., Google LLC (Alphabet Inc.), Imperva Inc., Internap Holding LLC, Limelight Networks Inc., Microsoft Corporation, Tata Communications Limited and Verizon Communications Inc.

Key Questions Answered in This Report
1. What was the size of the global content delivery network (CDN) market in 2021?
2. What is the expected growth rate of the global content delivery network (CDN) market during 2022-2027?
3. What are the key factors driving the global content delivery network (CDN) market?
4. What has been the impact of COVID-19 on the global content delivery network (CDN) market?
5. What is the breakup of the global content delivery network (CDN) market based on the component?
6. What is the breakup of the global content delivery network (CDN) market based on the content type?
7. What is the breakup of the global content delivery network (CDN) market based on the provider type?
8. What is the breakup of the global content delivery network (CDN) market based on the industry vertical?
9. What are the key regions in the global content delivery network (CDN) market?
10. Who are the key players/companies in the global content delivery network (CDN) market?