A worldwide distributed web server’s network, which ensures quick delivery of content. It enhances user experience along with effective use of network resource. Number of end users like e-commerce vendors, media companies, pay CDN operators to convey their content to consumers. CDN players pays ISP and carrier network operators for hosting server in their data centres.
According to Future Market Insights, the global content delivery network market was reached a valuation of US$ 5,899 Mn by 2016-end and is anticipated to grow at exponential CAGR throughout the assessment period (2016-2026).
Drivers of Market
Expansion of the market is particularly attributed to rising consumption of rich media content, enhancing broadband infrastructure, increasing consumption of connected devices, increasing deployment of IoT as well as rentation of online consumers. Moreover, rising IP traffic across the world is also propelling the demand for content delivery network.
Leading players are concentrating on improving their regional presence as well as growing consumer base by stepping into strategic partnerships and acquisition. This trend is defining the growth of the market. Additionally, prominent players delivering CDN service support of IPv6, multi-CDN support as well as decreasing CDN costs are several other trends resulting in the growth of the market.
Based on the application type, the market has been segmented into software distribution/delivery, media distribution/delivery, and website catching. Among these application type segments, media distribution/delivery segment is anticipated to showcase largest revenue growth, followed by website catching segment throughout the forecast period.
The market by service provider type has been segmented into conventional CDN, telecom CDN. The conventional segment is anticipated to reflect highest growth rate throughout the assessment period.
On the basis of service type, the market has been segmented into testing, deployment service, designing, consulting service, managed service, software-as-a-service (SaaS). The SaaS segment is projected to retain its dominance throughout the forecast period, in terms of revenues.
Based on end-use, the market has been segmented into ISP, e-commerce, government & education, healthcare, media & entertainment, advertisement and gaming. Among all these segments, the media & entertainment segment is anticipated to exhibit highest growth rate. The e-commerce segment is likely to procure second position in the market throughout the forecast period.
Growth of the market has been analyzed over seven key segments such as the Middle East & Africa (MEA), North America, Japan, Eastern Europe, Asia Pacific Excluding Japan (APEJ), Western Europe, and Latin America. The North America is likely to secure maximum revenue share of the market throughout the forecast period, followed by Asia Pacific. The market in the North America is projected to witness expansion at exponential CAGR over the forecast period and is likely to remain dominant in the market. Meanwhile, the market in the APEJ region is estimated to expand at double-digit CAGR, followed closely by Western Europe and Latin America. Whereas, the market in MEA is likely to showcase slow expansion rate.
Several leading players operating in the market that are profiled in the report include, Amazon CloudFront, Orange S.A., Akamai Technologies Inc., CDNetworks Co., Ltd., MaxCDN Enterprise, CloudFlare, Inc., Highwinds Network Group, Inc., Limelight Networks Inc., AT&T Inc., and Level 3 Communications, Inc. Strategies of these players to remain at pole position have also been included in the report.
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