According to a recent market research analysis by Fact.MR, the worldwide Content Delivery Network Market is projected to be worth US$ 18.8 billion in 2022 and to expand at a 12.6% CAGR from 2022 to 2032.
The market is expected to reach US$ 61.2 billion by 2032, according to the analysis. The total need for CDNs is driven by the rising demand for rich video content among online users as well as the trend towards digitization in businesses across all end-user sectors.

The market is expected to grow steadily over the forecast period due to increased data volumes exchanged on the internet as a result of the continuous rollout of high-speed networks.

From 2015 to 2021, the market grew at a CAGR of 14.1% to reach US$ 16.5 Billion. Content delivery network solutions are effectively deployed in e-commerce industries to ensure that the industries run at full capacity and that customers have access to all of the information they need to make an informed purchasing decision.

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Customers are shifting away from traditional television in favor of video content delivery via cellular networks, and CDN solutions are being deployed in that domain to improve content delivery. Simultaneously, the deployment of digital solutions based on IoT networks and artificial intelligence across various industries is driving market participants to develop and promote customized industry-specific CDN solutions.

Broadcasters are offering latency-free data over the network and improving video delivery quality as OTT and VOD services become more popular. Continuous investment in network infrastructure around the world, particularly in emerging economies like India, has improved overall network connectivity, bandwidth, and coverage. These advancements have been critical in ensuring that consumers can stay connected, receive instant updates, and access ready-made media data. This is a motivator for broadcasters to improve content delivery while also delivering diverse data for consumption across multiple applications.

Key Takeaways from the Market Study

• Based on component, content delivery network solutions to register a CAGR of 12%
• Static content delivery networks to experience maximum adoption, expanding at a 12.1% CAGR
• U.S to be the fastest growing content delivery network market, registering a 12% CAGR
• Market in China is expected to be valued at US$ 4.4 Billion by the end of 2032
• U.K, Japan and South Korea to yield dollar opportunities worth US$ 1.7 Billion, US$ 2.4 Billion and US$ 1.6 Billion respectively
• Content delivery network market is likely to grow more than 3x from 2022-2032

“Growing digitalization among organizations and rising demand for optimization of live delivery and loading are expected to be major factors driving market growth” says a Fact.MR analyst.

Competitive Landscape
Several initiatives are being undertaken by the key companies in order to broaden their geographical reach and strengthen their position in the global market. Investments in R&D activities, mergers and acquisitions, new product launches, strategic collaborations and partnerships, and upgrades to existing solutions are examples of such initiatives.

• CloudFlare Inc. announced collaboration with the Internet Archive to improve the reliability of website operations for publishers, which will include users who do not use CloudFlare services. The collaboration will help to improve CloudFlare services while also providing more data to the Internet Archive.
• Limelight Networks, Inc., a leading provider of CDN services, announced the availability of GraphQL functionality for its Layer0 by Limelight web application CDN in December 2021. This new feature strengthens Limelight’s position in the web application CDN market, particularly among web builders.

Key Segments Covered in the Content Delivery Network Market Report

• by Component :
  •  Solutions
    • Web Performance Optimization
    • Media Delivery
    • Cloud Security
  • Services
    • Storage Services
    • Analytics and Performance Monitoring
    • Website and API management
    • Network Optimization Services
    • Support & Maintenance
    • Others
• by Content Type :
  • Static
  • Dynamic
• by Provider Type :
  • Traditional
  • Telco
  • Cloud
  • P2P
  • Other
• by Application :
  • Media and Entertainment
  • Online Gaming
  • Retail and E-Commerce
  • E-Learning
  • Healthcare
  • Enterprises
• by Region :
  • North America
  • Europe
  • Asia Pacific
  • Middle East & Africa
  • Latin America

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