Content Delivery Network (CDN) Security Market - Growth, Trends, COVID-19 Impact, and Forecasts (2022 - 2027)

Content Delivery Network (CDN) Security Market - Growth, Trends, COVID-19 Impact, and Forecasts (2022 - 2027)

The content delivery network (CDN) security market is expected to register a CAGR of 26.57% during the forecast period 2021 - 2026. CDN’s have been used to improve web performance through localized caching, for the last two decades. The growth in mobile engagement and the demands of improved digital experience delivery are now pushing CDN providers to expand their performance-enhancing techniques to address the challenges of dynamic content, mobile, video, as well as serving as the first line of defense against security threats.

Key Highlights

• 5G is expected to fuel the demand for CDN security services. The deployment of 5G infrastructure will result in greater bandwidth, which will trigger greater demand of high quality video services. Moreover, according to Visual Networking Index’s forecast of global Internet traffic, the proportion of smartphone usage will increase to 50% in 2022 from 23% in 201, with 79% of mobile traffic in video format.
• The researchers noted that the CDNs operate across geographical locations and the error page generated by a CPDoS attack can reach multiple cache server locations. During their research, an attack coordinated from Germany (Frankfurt) against a target in the same country (Cologne) impacted the cache servers across Europe and some parts of Asia. These new kinds of attacks are augmenting the adoption of web application firewall (WAF).
• Another trend buoying this growth is the gradual shift from the use of traditional CDNs to cloud-based CDNs. This use of cloud-based services are expected to drive the growth of CDN security market. Also, the growing penetration of connected things and enterprise mobility trends, coupled with the need to alleviate increasing cyber-attacks, such as DDoS, among enterprises, are anticipated to contribute to the growth of the CDN security market.
• Since the beginning of 2020, due to the COVID-2019 pandemic, several business operations have shifted almost entirely to the web; people worldwide are now working, studying, shopping and watching movies online. This is reflected in the goals of recent DDoS attacks, with the most targeted resources in Q1 being websites of medical organizations, delivery services, and gaming and educational platforms.
• For instance, attackers in March 2020 tried to disable the website of the US Department of Health and Human Services (HHS). The purpose of the attack was to deprive citizens of access to official data about the pandemic and measures taken against it.

Key Market TrendsWeb Application Firewall (WAF) Solutions to Drive the Market Growth

• The web application firewall (WAF) market is being driven by customers’ needs to protect public and internal web applications. WAFs protect web applications and APIs against a variety of attacks, including automated attacks (bots), injection attacks, and application-layer denial of service (DoS).
• Protecting public-facing web applications against attacks and exploits of vulnerabilities in custom or third-party code is the primary cause for using cloud web application firewall (WAF) services. Protecting API traffic from attacks is the less mature capability evaluated in this research. Thus, API security is now increasingly important, especially for mobile applications.
• Cloud based WAF has been gaining popularity among organizations to protect their public- facing web applications. The main causes include - the traditional corporate website, B2C and B2B web applications, and a growing number of API-driven applications.
• Further, the market has witnessed large B2C applications facing a higher risk of automated attacks coming from bots. Some organizations opt to host websites powered by third-party CMS, such as Drupal or Wordpress, which frequently include various flaws that expose them to data leakage through injection flaws. The growth of such applications has augmented the demand for WAF.

Asia-Pacific Region to Witness the Fastest Growth

• Asia-Pacific is one of the regions with the fastest-growing economies in the world like India and China. The major factor behind this growth in the digitalization in the industries, including healthcare, retail, and BFSI sector. The SMEs in the region is the engine of economic growth in the region due to digitalization. The SME sector in India has mastered manufacturing competencies, reduced regional discrepancies, and secured distribution of wealth and contributed 69% of employment in the country.
• Healthcare businesses operate in different ways but share a consistent focus on maximizing patient care. Increasingly, digital healthcare providers host health records online; clinicians capture data which demands the secured content delivery solutions to determine the free flow of operations, especially at critical emergencies.
• Government initiatives like Digital India have boomed the cashless transactions in the country. CDN security helps the BFSI sector in preventing DDoS attacks as CDNs are built with a distributed architecture. In 2018, USD 51 billion value of online transactions took place in the country.
• According to We Are Social, 92%, 85%, and 69% of the internet users in China, India, and Japan watch online video content respectively. The region is growing due to strong presence of CDN Vendors. In December 2019, CenturyLink Inc. announced that it strengthened its content delivery network service capabilities in 11 cities across Asia-Pacific (APAC) to cater to the growing demands from global broadcasters, OT video streaming platforms, and gaming companies to deliver high-performing web applications, ultra- high-definition (UHD) video streaming, and game downloads.

Competitive Landscape

The Content Delivery Network (CDN) Security Market is moderately fragmented with many key players in the market. Also, due to little differentiation in service offerings, companies are facing competition in the market. Some of the recent developments in the market are:

• In May 2020 - Akamai Technologies launched Page Integrity Manager, an in-browser threat detection solution designed to uncover compromised scripts that could be used to steal user data or impact the user experience. The company designed Page Integrity Manager to protect websites from JavaScript threats, such as web skimming, form-jacking, and Magecart attacks, by identifying vulnerable resources, detecting suspicious behavior, and blocking malicious activity.
• In March 2020 - Amazon Web Services announced the general availability of Amazon Detective, a new security service. It automatically collects log data from a customer’s resources. It uses machine learning, statistical analysis, and graph theory to build interactive visualizations that help customers analyze, investigate, and quickly identify the root cause of potential security issues or suspicious activities.

Additional Benefits:

• The market estimate (ME) sheet in Excel format
• 3 months of analyst support

Companies Mentioned

Akamai Technologies, Inc.
Amazon Web Services, Inc.
Cloudflare Inc.
Imperva Inc.
Nexusguard Limited
Distil Networks Inc.
Verizon Digital Media Services Inc.
CDNetworks Inc.
Net Scout Arbor Inc.
Limelight Networks Inc.

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