Content Delivery Network (CDN) Market Analysis

Content Delivery Network Market Analysis

The media delivery component in in the UK 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 support the demand for media delivery solutions.
 

Static content type segment in Canada crossed USD 1.39 billion in 2020. The content delivery network solutions 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.
 

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

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 demand. 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.