India Content Delivery Network Market was valued at US$ 787.65 Million in 2021 and is expected to surpass US$ 5,879.24 Million by 2030, registering a CAGR of 25.3% during the forecast period (2022-2030), according to the India Content Delivery Network Market Report, by Service Provider (Telecom CDN Provider, Conventional CDN Provider, Others), by Application (Streaming, Web acceleration, Gaming, CDN Storage), by End-use Vertical (Media & Entertainment, E-commerce, TELCO, Healthcare, Government & Education, Others), published by Coherent Market Insights.
A content delivery network (CDN) is a crucial part of the modern web application that is used to enhance the delivery of content by imitating commonly requested files across the globally distributed set of caching servers. CDN also reduces the load on application origin and augment the experience of requestor by providing a local copy of content from nearby Point of Presence (PoP) or cache edge. It can deliver static as well as dynamic content. It is used to manage and control different components of the CDN ecosystem. Moreover, it also finds application in tracking status of the network by acquiring data every few seconds, in order to make sure the system is functioning at normal level. The India Content Delivery Network (CDN) market is estimated to account for US$ 532.5 Mn in terms of value by the end of 2019.
Growing IP traffic in India is expected to drive growth of the India content delivery network (CDN) market during the forecast period. IP traffic is flow of internet data across the internet, which is commonly referred to as web traffic. Increasing IP traffic in India is expected to increase load on the current Internet network, which, in turn, is expected to boost the demand for CDN, thereby driving the market growth. For instance, according to Internet and Mobile Association of India (IAMAI), in June 2015, internet users in India reached 354 million individuals. This growth is expected to create conducive environment of potential start-ups on digital platforms.
India Content Delivery Network Market- Impact of Coronavirus (Covid-19) Pandemic:
During the COVID-19 pandemic the India content delivery network market witnessed significant growth owing to the tremendous use of OTT (over-the-top) platforms for entertainment purposes. Lockdowns were imposed across India to curb the spread of coronavirus and hence the multiplexes and movie theatres were closed. People started using OTT platforms to watch movies, web series, and other entertainment programs. OTT platforms use CDN (content delivery network) to deliver the content with the enhanced video quality. This increased use of OTT platforms boosted growth of the India content delivery network market during pandemic.
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