Content Delivery Network (CDN) Market Size By Component (Solution [Media Delivery, Web Performance Optimization, Cloud Security], Service [Storage Service, Network Optimization, Website and API Management, Professional Service], By Content Type (Static, Dynamic), By Application (Media and Entertainment, Retail & E-commerce, Healthcare, IT & Telecom, Government), Industry Analysis Report, Regional Outlook, Growth Potential, Competitive Market Share & Forecast, 2021 – 2027

Industry Trends

Content Delivery Network (CDN) Market size exceeded USD 10 billion in 2020 and is estimated to expand at over 15% CAGR between 2021 and 2027. Rising demand for improved content delivery and enhanced scalability from enterprises across the industry is likely to boost the industry growth.
 

The technological advancements followed by the need to ensure uninterrupted content delivery through high-speed networks are enabling the demand for CDN solutions & services. The enterprises are adopting diverse technology solutions to improve the performance and reduce latency.
 

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The CDN observed a substantial rise in adoption across multiple geographies and industry verticals amid COVID-19 pandemic. The enterprises in the market offering real-time streaming and networking solutions have showcased sharp increase in streaming traffic. In response, several technology companies are focused on influencing the operational capabilities of their solutions & services.
 

The content delivery network market expansion is attributed to enterprise-wide demand for uninterrupted service delivery and new solution development. The enterprises across diverse industry verticals are preferring content delivery services to ensure high-quality live streaming services. Several market players are developing sophisticated solutions & services for their customers.
 

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An extensive rise in online media streaming to spur the solution segment demand in the UK

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In the UK, the media delivery component accounted for around USD 237.30 million in 2020. The need to optimize the delivery of specific content types and reduce the latency requirements is fueling the market revenue. The media delivery solution helps enterprises in maintaining the quality of user experience and bandwidth allocation.
 

The extensive penetration of online streaming service is expected to further support the demand for media delivery solutions. Fore instance, in September 2020, VOXI by Vodafone unveiled Endless Video, multiple video streaming plans for its customers. The company provided diverse streaming options across six OTT platforms. This launch helped the company to offer innovative streaming services to its customers.
 

Widespread corporate sector and need for high performance content delivery to drive the Canada CDN market growth

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Static content segment in Canada crossed USD 1.39 billion in 2020. The content delivery network solutions and services enable faster delivery and lowered latency for static contents. The origin push caching method is used for static content delivery. Majority of the corporate enterprises emphasize on CDN solutions & services to distribute static content.
 

Enterprise-wide demand for providing enhanced user experience to foster the content delivery network market expansion in Japanese retail sector

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In Japan, the retail & e-commerce application is poised to observe growth rate of over 20% through 2027. The country is witnessing a significant rise in online buying of goods & services. The significant growth in retail and e-commerce sectors is anticipated to impel the industry statistics.
 

Extensive presence of market players to augment the North American industry

North America content delivery network market captured more than 30% of the revenue share in 2020. The extensive penetration of enterprises offering content delivery network solutions & services and new product launches are contributing to the industry growth. In October 2020, Cisco Systems Inc. in collaboration with Digital Alpha and Quilt launched Open Caching architecture solution for streaming media delivery. The launched solution helps companies in delivering high-quality streaming experience to customers.
 

Serving large scale population across geographies with advanced CDN solutions to gain a competitive edge in the market

Some of the key players operating in the content delivery network market are Akamai Technologies Inc., Alibaba Cloud International, Amazon Web Services Inc., AT&T Inc., Citrix Systems Inc., Cloudflare Inc., Comcast Technology Solution, Deutsche Telecom AG, Fastly Inc., G-Core Labs S.A, Google LLC, IBM Corporation, Imperva Inc., Leaseweb Global B.V., Limelight Networks Inc., Lumen Technologies, Microsoft Corporation, NTT Communications Corporation, QUANTIL Inc., Rackspace, US Inc., StackPath LLC, Tata Communications, and Verizon Media (Verizon Communication). The global market has showcased new product developments from several enterprises.
 

This market research report on content delivery network (CDN) includes in-depth coverage of the industry with estimates & forecast in terms of revenue in USD from 2016 to 2027 for the following segments:

Market, By Component

• Solution
  • Media Delivery
  • Web Performance Optimization
  • Cloud Security
• Service
  • Storage Service
  • Network Optimization
  • Website and API Management
  • Professional Service

Market, By Content Type

• Static
• Dynamic

Market, By Application

• Media and Entertainment
• Retail & E-commerce
• Healthcare
• IT & Telecom
• Government
• Others

The above information has been provided for the following regions and countries:

• North America
  • U.S.
  • Canada
• Europe
  • UK
  • Germany
  • France
  • Spain
  • Italy
  • Netherlands
• Asia Pacific
  • China
  • Japan
  • South Korea
  • India
  • Australia & New Zealand (ANZ)
• Latin America
  • Brazil
  • Mexico
  • Argentina
• Middle East & Africa
  • Saudi Arabia
  • UAE
  • South Africa