The market for content delivery networks was estimated to be worth USD 18.7 billion in 2022 and is expected to grow at a compound annual growth rate (CAGR) of 12.6% to reach 61.1 billion by 2032.
The market size for global content delivery network (CDN) is projected to reach at USD 21 billion by 2025. The factors such as growing demand for improved quality of service (QoS), quality of Experience (QoE), increased demand for latency-fee online gaming experience, along with proliferation of rich media and video over websites, are responsible for the growth of content delivery network industry in the past few years.
In the past few years, there has been an exponential growth in the volumes of content been exchanged through the internet with respect to the constant high-speed network rollouts. Effective solutions have to be deployed by the enterprises so as to ensure uninterrupted content delivery through a high speed network, especially for the Over the Top (OTT) and Video-on-Demand (VOD) services.Reducing data expenses backed by growing accessibility and affordability of mobile and broadband network access are some of the key factors that are anticipated to fuel the content delivery network market demand over the forecast period.
Content Delivery Network (CDN) Market Scope
|Revenue forecast in 2032
|USD 61.1 billion
|CAGR of 12.6 % during 2022-2032
|by Service, Regions
|North America, Europe, Asia Pacific, South America, Middle East and Africa
|Key Players Profiled
|Akamai Technologies Inc., CloudFlare Inc., Microsoft Corporation, CenturyLink, Limelight Networks Inc., CDNetworks Co. Ltd., Orange S.A., AT&T, Deutsche Telekom AG, StackPath LLC
Key Segment Of The Content Delivery Network (CDN) Market
Service, (USD Billion)
o Designing, Testing, and Deployment
• Bundled Suites
• Individual Modules
• Digital Rights Management
• CDN Delivery
• CDN Analytics & Monitoring
• Transparent Caching
o Managed Services
o Consulting Services
Application, (USD Billion)
• Media Distribution/Delivery
• Software Distribution/Delivery
• Website Caching
Vertical, (USD Billion)
• Media & Entertainment
• IT & Telecom
Service Provider, (USD Billion)
• Telecom CDNs
• Conventional CDNs
Regional Overview, (USD Billion)
• Rest of Europe
• Rest of Asia Pacific
• Rest of South America
Middle East and South Africa
Frequently Asked Questions (FAQ) :
The growing demand for OTT and VOD services is obligating broadcasters to enhance video delivery and provide deliver latency-free content through the network. Simultaneously, the ongoing investments and developments within the network infrastructure, which have enhanced the bandwidth, strengthened connectivity, improved the delivery, and expanded coverage, thus, promoting users to stay connected and access media and receive instant updates. This is encouraging broadcasters to improve the content delivery along with offering diversified content for several applications. The introduction of affordable data plans and smartphones along with high-speed network rollouts are facilitating improved content delivery and are fueling the CDN solution demand.
Content Type Segment
The global content delivery network market contains both static and dynamic segment. The dynamic segment has maximum revenue share within the global content delivery network market in 2019. The growth in the demand for CDN solutions for online gaming services, voice over IP (VoIP), and real-time video streaming have promoted the growth of static CDN solutions in the past few years.
Service Provider Segment
Based on the service provider segment, the market is bifurcated into two traditional commercial CDN, cloud CDN, peer to peer CDN, telecom CDN. In 2019, the traditional commercial CDN segment gathered the largest market revenue and it is anticipated to govern the content delivery network market throughout the forecast period. Various solutions offered by the service providers such as media delivery, network optimization, and content acceleration, have enabled the segment to hold a dominating position within the content delivery network industry. The growth in data consumption throughout the globe is encouraging CDN providers to introduce solutions for content delivery optimization and effective network.
Based on the application, the market is segmented into retail & e-commerce, media & entertainment, BFSI, healthcare, online gaming, travel & tourism, IT & telecom, public sectors. The market for media & entertainment sector is anticipated to possess the largest market share in 2019 since the entertainment companies today are predominantly developing to match their user needs. Moreover, the growing demand for online streaming services and VOD has predominantly compelled optimization of the content delivery and network, thus, augmenting the content delivery network demand.
The global content delivery network market is a wide range to North America, Europe, APAC, South America, and the Middle East & Africa. North America is considered a mature market in the content delivery network applications, owing to an outsized presence of organization with the availability of technical expertise and advanced IT infrastructure. The US and Canada are the highest contributory countries to the expansion of the content delivery network market in North America.
The major players of the global content delivery network market are Limelight Networks, Akamai Technologies, AWS, Google, AT&T, Microsoft, Deutsche Telekom, IBM, Quantil, Fastly, Cloudflare, G-Core Labs, StackPath, and more. The content delivery network market is fragmented with the existence of well-known global and domestic players across the globe.