Content Delivery Network (CDN) Market 2020 Along With Covid-19 Impact Analysis, Advancement And Outlook 2030

Content Delivery Network (CDN) helps in delivering content at high speeds and hence are most helpful to websites witnessing heavy traffic and those that can be accessed globally. Primary functionality of CDN includes redirecting requests and delivering online content, outsourcing content and distribution of services, negotiating content, and managing services. Organizations leverage CDNs to provide speedy static or dynamic content, mobile content, e-commerce transactions, videos, games, etc.

Content delivery network essentially carries out two important functions. First, it caches the content at the edge of the network to lessen the traffic in the network. Second, it facilitates multiprotocol and multiservice streaming thereby enabling operators to adapt content from any IP device closest to the consumer. The global market for CDN has expanded by leaps and bounds and moving forward too it is predicted to clock stellar growth.

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The number of internet users worldwide stands at a staggering 3.5 billion at present. This has led to an unprecedented growth in online content consumption. Video consumption over mobile devices, for example, has spiked beyond measure. All these have filliped the global CDN market. Businesses, particularly stand to gain from it, as it helps them to reach out to a wide base of prospective and existing consumers via social media with engaging content, in a cost-effective manner. This coupled with cable network operators unveiling CDN initiatives by partnering with content owners, has stoked growth in the market phenomenally.

Geography-wise, the global market for content delivery network (CDN) can be segmented into Asia Pacific, North America, Europe, and the Rest of the World. Among them, North America leads the market with maximum share. The burgeoning digitization trend among organizations and the rising demand for video content are factors boosting the uptake of CDN solutions in North America. Europe trails North America in the global CDN market. Asia Pacific, however, is forecasted to outpace all other regions in terms of growth due to the enhancements in technology in emerging economies of the region.

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Companies Mentioned in Report 

Prominent vendors in the CDN market that offer solutions to enhance content delivery service listed in the report are AT&T Inc, Akamai Technologies, Highwinds Network Group Inc, Ericsson, Limelight Networks, and Level 3 Communications. The report studies their revenues, strategies, and future prospects by leveraging both historical and current data.

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