Content Delivery Network Market to Generate Revenue of US$ 111.86 Billion by 2027 - Coherent Market Insights

Published On : Oct 03, 2019

The global content delivery network market was valued at US$ 6.08 billion in 2018 and is projected to reach US$ 111.86 billion by 2027, according to a new market research report Global Content Delivery Network Market, By Content Type (Video Content Delivery Network and Non-video Content Delivery Network), By Service Type (Telecom CDN Provider, Conventional CDN Provider, Cloud Service Provider, and Others), By Core Solutions (Media Services, Web Performance, and Cloud Security), By Organization Size (Small and Medium Enterprises and Large Enterprises), By End User (Advertising, BFSI, E-commerce, Education, Gaming, Government, Healthcare, Media and Entertainment, and Others), and by Region - Global Forecast to 2027, published by Coherent Market Insights.

A content distribution network or content delivery network (CDN) is a system distributed network that delivers webpages or different web content data across various geographical locations. Rising demand for high-performance web services and real-time content have accelerated growth of the market. Moreover, increasing inclination towards mobile browsing is one of the major factors accelerating demand for CDN. Rising mobile-based content results in increasing mobile data traffic, which in turn, accelerates demand for content delivery network. According to Coherent Market Insights’ analysis, in 2016, the mobile data traffic increased 63 percent from 2015. In 2016, the global mobile data traffic reached 7.2 exabytes per month from 4.4 exabytes per month in 2015. By 2021, the global mobile data traffic is projected to reach up to 49 exabytes per month. Moreover, increasing number of smartphone users globally is also fueling demand for content delivery network devices. According to Coherent Market Insights’ analysis, in 2016, the number of global mobile devices and connections reached 8.0 billion, of which smartphones held 45 percent share, accounting for 81 percent of the total mobile traffic.       

Browse 40 Market Data Tables and 60 Figures spread through 300 Pages and in-depth TOC on "Global Content Delivery Network Market, By Content Type (Video Content Delivery Network and Non-video Content Delivery Network), By Service Type (Telecom CDN Provider, Conventional CDN Provider, Cloud Service Provider, and Others), By Core Solutions (Media Services, Web Performance, and Cloud Security), By Organization Size (Small and Medium Enterprises and Large Enterprises), By End User (Advertising, BFSI, E-commerce, Education, Gaming, Government, Healthcare, Media and Entertainment, and Others), and by Region - Global Forecast to 2027”

To know the latest trends and insights prevalent in the Global Content Delivery Network market, click the link below Link:

https://www.coherentmarketinsights.com/market-insight/content-delivery-network-market-1155

Key Takeaways of the Global Content Delivery Network Market:

  • The global content delivery network market was valued at US$ 6.08 billion in 2018 and is projected to reach US$ 111.86 billion by 2027, exhibiting a CAGR of 32.5% over the forecast period
  • Among content type, video content delivery network segment held dominant position in 2018 and is projected to retain its dominance throughout the forecast period. According to Coherent Market Insights’ analysis, in 2017, the global consumer internet video traffic generated 42,029 PB per month and is projected to generate a data traffic of 159,161 PB per month by 2021.
  • Among region, North America held dominant position in 2018 and is projected to retain its dominance throughout the forecast period. Increasing demand for online video streaming and increasing video content are some of the key factors fueling demand for content delivery network solutions in this region. According to Coherent Market insights’ analysis, in 2016, consumer internet video traffic generated 15,254 PB per month and is projected to generate 45,485 PB per month by 2021 in North America. Internet video traffic is expected to increase fourfold from 2016 to 2021, at a CAGR of 31%.     
  • Some of the major players operating in the global content delivery network market include Akamai Technologies, AT&T, Inc., CDNetworks, Chinacache, CloudFlare Inc., Highwinds Network Group, Inc., Internap Corporation, Level 3 Communications, Inc., Limelight Networks, MaxCDN, Tata Communications, and Verizon Communications, Inc.

About Coherent Market Insights:

Coherent Market Insights is a prominent market research and consulting firm offering action-ready syndicated research reports, custom market analysis, consulting services, and competitive analysis through various recommendations related to emerging market trends, technologies, and potential absolute dollar opportunity.

Contact Us:

Mr. Shah
Coherent Market Insights
1001 4th Ave, 
#3200 
Seattle, WA 98154
Tel: +1-206-701-6702
Email: [email protected]

"How Can I Help You" ?

Finding it difficult to find the research that would cater to your business demands? Give us a chance to help you. One of our Research Consultants will connect to provide a customized solution.

Coherent Market Insights Benefits

  • Custom Research Solution

    Talk to our research consultant to design an exclusive report as per your research needs.

  • Customer Fulfilment

    We aim to fulfil client's research demands with tailored research solutions.

  • Quick Turnaround Time Reports

    We aim to provide research studies in quickest turnaround time and in a much cost effective manner.

  • 360-degree Approach

    We cover each industry from supply and demand side with an aim to provide a most holistic research study.

  • Assured Quality

    We strive to provide most accurate and reliable research findings in our research reports.