Content Delivery Network Market, By Service Provider (Telecom CDN, Conventional CDN, and Others), By Application (Media Distribution, Software Distribution, Website Caching, and Others), By End-use Vertical (Media & Entertainment, E-commerce, ISP, Healthcare, Government and Education, Gaming, Advertisement, and Others), By Service (Designing, Testing And Deployment Service, Software-as-service (Individual Module (Digital Rights Management, CDN Delivery, CDN Analytics & Monitoring, Transparent Caching, and Others), and Bundled Suite), Managed Service, Consulting Service, and Others, and by Geography (North America, Europe, Asia Pacific, and RoW) - Size, Share, Outlook, and Opportunity Analysis, 2020 - 2027

Published In : Dec 2020

Code : CMI1155

Pages :130

Formats :

Excel and PDF

Industry : Information and Communication Technology

Content Delivery Network MarketSize and Trends

Market Overview

A content delivery network or content distribution network is a geographically distributed network of proxy servers and their data centers. The primary objective of CDN is to provide high availability and performance by distributing the service to end users. A CDN enables the quick transfer of assets required for loading Internet content including HTML pages, images, videos, and java scripts.

The global Content Delivery Network market is estimated to account for US$ 10,278.7 Mn in terms of value by the end of 2019.

Statistics:

North America region held dominant position in the global content delivery network market in 2019, accounting for 39.7% share in terms of value, followed by Asia Pacific, Europe, Latin America, and Middle East & Africa (MEA) respectively.

Figure 1: Global Content Delivery Network Market Share (%), in terms of Value, By Region, 2019

Figure 2: Global Content Delivery Network Market Value (US$ Mn), 2017 - 2027

The global content delivery network market was valued at US$ 10,278.7 Mn in 2019 and is estimated to reach US$ 45,801.5 Mn by 2027 exhibiting a CAGR of 20.5% between 2020 and 2027.

Market Trends

CDN services for IPv6

Major companies are focused on providing CDN solution support for IPv6 due to IPv4 expected to become obsolete, in turn prompting various customers to move towards IPv6 for hosting websites. IPv6 offers various additional benefits as listed below. For instance, in April 2014, Cloudflare announced CDN service support for IPv6 for its customers. In March 2012, Akamia announced a plan to provide CDN services support for IPv6 for enterprises, consumer-oriented services, and media companies.

Decreasing prices of CDN services

Growing Internet traffic is a major driver for declining transit prices and subsequently CDN service prices. The entry of start-up companies in the market offering rich feature services at low cost further leads to a decline of CDN service prices across the globe. Average U.S. transit price was down 10% in 2015 when compared to the previous year. This is anticipated to decline at the same rate in 2016.

Competitive Section

Key players operating in the global content delivery network (CDN) market are Akamai, Edgecast/Verizon, CDNetworks, Mirror Image, ChinaCache, MaxCDN, ChinaNet Center, Limelight Networks, Hibernia Networks, LeaseWeb, Highwinds, and Internap.

Key Developments

Major companies are focused on mergers and acquisitions, in order to gain a competitive edge in the market. For instance, in March 2017, ChinaNet Center acquired 97% of assets of CDNetworks.
Key players are involved in product launches, in order to expand the product portfolio. For instance, in July 2017, Limelight Networks introduced its three new Points-of-Presence in India.