Global Content Delivery Network Market - InsightsA content distribution network or content delivery network (CDN) is a system distributed network that delivers webpages or different web content data across various geographical locations. A large portion of online content, including web objects (scripts, graphics and text), downloading objects (documents, software, and media files), applications (portals and e-commerce), social networking, on-demand streaming media, and live streaming media are delivered by CDN. IP data traffic backed by internet proliferation has witnessed meteoric rise in last few years. According to Coherent Market Insights’ analysis, in 2016, 96,054 PB IP data traffic was generated per month and is projected to reach 278,108 PB IP data traffic worldwide by 2021. The increase in data traffic due to high adoption of video supporting devices, wearable devices, AR/VR technology, and digitization is expected to boost demand for content delivery network.
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Market Dynamics
On the basis of geography, the content delivery network market is segmented into North America, Europe, Asia Pacific, Middle East, and Africa. The Asia Pacific region is projected to exhibit the highest CAGR over the forecast period. India, China, and Japan are some of the major countries driving the content delivery network market in this region. Increasing number of internet users and increasing adoption of digitalization are some of the major drivers accelerating the demand for content delivery network in this region. According to Coherent Market Insights, in 2016, India recorded 295.4 million internet users, the number for which is projected to reach 512 million by 2022. Similarly China and Japan recorded 721.4 million and 115 million internet users in 2016, respectively. Additionally, growing e-commerce industry in Asia Pacific countries have provided opportunities for growth of the content delivery network. For example, according to India Brand Equity Foundation Organization, in 2016, e-commerce industry in India generated revenue of US$ 15 billion and is projected to reach US$ 188 billion by 2025.
Detail Content Delivery Network Market Segmentation:
Global Content Delivery Network Market, By Content Type:
Video Content Delivery Network
Non Video Content Delivery Network
Global Content Delivery Network Market, By Service Type:
Telecom CDN Provider
Conventional CDN Provider
Cloud Service Provider
Others
Global Content Delivery Network Market, By Core Solution:
Media Services
Web Performance
Cloud Security
Global Content Delivery Network Market, By Organization Size:
Small and Medium Enterprises
Large Enterprises
Key companies covered as a part of this study include Akamai Technologies, AT&T, Inc., CDNetworks, Chinacache, CloudFlare Inc., Highwinds Network Group, Inc., Internap Corporation, Level 3 Communications, Inc., Limelight Networks, MaxCDN, Tata Communications, and Verizon Communications, Inc.
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