The global content delivery network (CDN) market is expected to reach USD 24.29 Billion by 2026, according to a new report by Reports and Data. Rapidly increasing internet proliferation is one of the major drivers boosting market demand. An increase in the number of internet consumers has resulted in a higher demand for CDN for better QoS and QoE. Most of the CDN service providers, including Amazon and Akamai, are centralized in nature and operate numerous physical servers worldwide that transfer content all over the internet. In January 2019, 3.26 billion people accessed social media sites on mobile, with growth of 297.0 million new users equivalent to 10% year-on-year growth.
A CDN deploys an extensive network of servers placed strategically worldwide for swift content distribution. Once the content is uploaded, it gets populated all over the world. When a user wants to access it, the CDN selects the closest to deliver the content. At present, Facebook views 8 billion average daily video views from around 500 million users.
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Key participants include
Akamai Technologies Inc., Amazon web services Inc., CenturyLink, Google Inc., IBM, Verizon Digital Media Services, AT&T, Deutsche Telekom, limelight networks, Quantil, CDNetworks Co. Ltd., and Fastly Inc., among others.
Further key findings from the report suggest
By product type, video CDN is likely to grow at a faster rate in the forecast period. A video CDN is a vast geographically distributed network of servers providing live and on-demand, high-quality video content to web-connected devices.
By solution, media delivery contributed to the largest market share of around 50.0% in 2018.
By provider type, peer to peer (P2P) CDN is forecasted to grow at the fastest rate of 12.2% in the period 2019-2026.
By industry vertical, media & entertainment dominated the market in 2018 and is expected to witness a growth rate of 10.7% in the forecast period, owing to escalating demand for online videos and live streaming applications.
The market in the North America region held the largest market share in 2018 and is expected to observe a growth rate of 10.6% in the forecast period. The presence of leading market players in the region and early technological adoption are some of the reasons driving the market growth in the region.
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For this report, Reports and Data have segmented into the global Content Delivery Network (CDN) market on the basis of resin type, composite phases, industry vertical, and region:
Product Type Outlook (Revenue, USD Million; 2018-2026)
Content Type Outlook (Revenue, USD Million; 2018-2026)
Offerings Outlook (Revenue, USD Million; 2018-2026)
Provider Type Outlook (Revenue, USD Million; 2018-2026)
Peer To Peer (P2P) CDN
Organization Size Outlook (Revenue, USD Million; 2018-2026)
Small & Medium Sized Enterprises
Industry Verticals Outlook (Revenue, USD Million; 2018-2026)
Media & Entertainment
IT & Telecom
Regional Outlook (Volume, Kilo Tons; 2018-2028 and Revenue, USD Million; 2018-2028)
- North America
- Asia Pacific
- Latin America
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