With COVID-19 resulting in the economic fallout, numerous economies are working on game-changing improvements to protect their employees and clients. While focusing on the ongoing challenges, the leaders are embracing new plans in order to manage and stay afloat in this competitive environment.
The global content delivery network market size is projected to grow from USD 12.3 billion in 2019 to USD 22.1 billion by 2024, at a CAGR of 12.3% from 2019 to 2024. Major growth factors for the market include increasing IP traffic, growing media delivery business, and tremendous shift in media content developers affecting content distribution channels.
Increasing digitalization across the globe is expected to drive the adoption of CDN solutions. Digitalization trends, such as BYOD, CYOD, mobility, and social media marketing, have eased the operations of organizations and increased the traffic over the existing networks. Moreover, the availability of low-cost bandwidth has made the internet accessible to every individual, which has also changed the data consumption trend dramatically. The advent of social media and mobile apps has extensively added to data consumption.
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The Final Report will cover the impact analysis of COVID-19 on this industry: Content Delivery Network Market Insights by Leading Companies Future Growth, Demand Forecast to 2024
The other key innovators segment includes blockchain CDN (B-CDN) providers. The B-CDN exploits the advances of the blockchain technology to provide a decentralized and secure platform for connecting Content Providers (CPs) with their users/customers. B-CDN creates an immutable public database of the requested contents (from all CPs), based on which, each CP can better evaluate the user preference on its contents. B-CDN provides win-win benefits to both, CPs and users, where the B-CDN improves user quality of experience and reduces the cost of delivering content for the CPs.
The APAC CDN market is experiencing a disruptive growth, owing to its rapidly growing number of internet subscribers and consumption of internet over smartphones and other portable devices. The market is expected to grow at an even higher rate than present due to the ever-increasing consumption of content in major APAC economies such as India, China, Japan, Hong Kong, and Singapore. Moreover, the massive growth in the eCommerce industry and the adoption of internet TV in major have fueled the growth of CDN market, making APAC one of the fastest-growing regions in the CDN market.
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The Final Report will cover the impact analysis of COVID-19 on this industry: Content Delivery Network Market Insights by Leading Companies Future Growth, Demand Forecast to 2024
• By Company Type: Tier 1 – 35%, Tier 2 – 45%, and Tier 3 – 20%
• By Designation: C-level – 35%, D-level – 25%, and Others – 40%
• By Region: North America – 45%, Europe – 20%, Asia Pacific – 30%, RoW – 5%
Research Coverage
The market study covers the content delivery network market size across segments. It aims at estimating the market size and the growth potential of the market across segments by component, data type, deployment type, organization size, vertical, and region. The study also includes an in-depth competitive analysis of the key market players, along with their company profiles, key observations related to product and business offerings, recent developments, and key market strategies.
Key Benefits of Buying the Report
The report will help the market leaders/new entrants with information on the closest approximations of the revenue numbers for the overall content delivery network market and its subsegments. The report will help stakeholders understand the competitive landscape and gain more insights to better position their businesses and to plan suitable go-to-market strategies. The report will also help stakeholders understand the pulse of the market and provide them with information on key market drivers, restraints, challenges, and opportunities.
TABLE OF CONTENTS
1 INTRODUCTION 16
1.1 OBJECTIVES OF THE STUDY 16
1.2 MARKET DEFINITION 16
1.2.1 MARKET SCOPE 17
1.2.2 REGIONS COVERED 17
1.3 YEARS CONSIDERED FOR THE STUDY 18
1.4 CURRENCY CONSIDERED 18
1.5 STAKEHOLDERS 19
2 RESEARCH METHODOLOGY 20
2.1 RESEARCH DATA 20
2.1.1 BREAKUP OF PRIMARY PROFILES 21
2.1.2 KEY INDUSTRY INSIGHTS 22
2.1.3 MARKET BREAKUP AND DATA TRIANGULATION 22
2.2 MARKET SIZE ESTIMATION 23
2.2.1 TOP-DOWN APPROACH 23
2.2.2 BOTTOM-UP APPROACH 24
2.3 MICROQUADRANT METHODOLOGY 24
2.4 ASSUMPTIONS FOR THE STUDY 26
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