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Content Delivery Network Market 2021 By Global Key Players, Types, Applications, Countries, Industry Size And Forecast To 2030

A report published by Future Market Insights (FMI), provides insights into key factors influencing the market in terms of revenue and sales between the projection period between 2020 and 2030. Software-as-a-Service content delivery networks offerings are likely to reflect higher demand, with e-commerce verticals gaining traction with video content delivery over mobile networks.

The demand for content delivery networks (CDNs) around the world has risen strongly in 2020, with the ongoing pandemic of the coronavirus creating opportunities in work from home and e-learning. Also, the prospects of the industry through 2030 is very positive, according to Future Market Insights (FMI). The report has stated that the industry will benefit from improvements in networking technology and the growing popularity of OTT content.

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“End user businesses are leveraging CDNs for faster content, video streaming, e-commerce transactions, and other forms of digital entertainment. Consequently, the industry finds use in a number of industries including government, advertising, media, education, and medicine, which will aid market growth in the long term,” said a lead analyst at FMI.

The content delivery network industry has reflected exponential growth in the recent past account of major advances in networking technology, and the widespread penetration of the internet even to developing countries. Further, businesses have increased demand for outsourcing of content, management and distribution of media services, bolstering speed of access to potential consumers.

Covid-19 Impact on Content Delivery Network Market

With fears over the rapid spread of the coronavirus, businesses and educational organizations around the world are encouraging alternative plans to operate including work from home and distance learning strategies.

The rapid expansion of videoconferencing, e-learning, and online messaging has resulted in increased internet traffic. Also, with people increasingly staying home the consumption of OTT content has soared during the pandemic.

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The report by FMI offers an exhaustive overview, covering critical market dynamics. Some of the major takeaways from the study include:

  • Market was valued at US$ 11.5 Bn in 2019, with demand rising sharply, with the coronavirus outbreak generating major growth opportunities
  • Software-as-a-service content delivery networks remain in high demand, with the sales of individual modules expected to surpass that of bundled suites by 2030, owing to customized needs for CDN delivery processes
  • Media distribution applications of content delivery network witness higher growth than software distribution and website caching owing to unprecedented demand for on demand media consumption
  • North America remains a major market growth, supported by demand for video content and digitization of organization data. On the other hand, East Asia is generating lucrative growth opportunities with major investments in technology enhancements in the region

Competitive Landscape

In the study, FMI has assessed the varying business strategies being used by major companies in the content delivery network market. Leading players are deploying multiple strategies including investing in technology development, strategic mergers and acquisitions, and introduction of new offerings in the industry.

Some of the key players in the market include Akamai Technologies Inc., Deutsche Telekom AG, CloudFlare Inc., AT&T, Amazon Inc., Orange S.A., Microsoft Corporation, CDNetworks Co. Ltd., CenturyLink, and Verizon Digital Media Services.

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Content Delivery Network Market: Segmentation

Service

  • Designing, Testing, and Deployment
  • Software-as-a-Service
    • Bundled Suite
    • Individual Module
      • Digital Rights Management
      • CDN Delivery
      • CDN Analytics & Monitoring
      • Transparent Caching
      • Others
  • Managed Services
  • Consulting Services

Application

  • Media Distribution/Delivery
  • Software Distribution/Delivery
  • Website Caching
  • Others

Vertical

  • Media & Entertainment
  • E-Commerce
  • IT & Telecom
  • Healthcare
  • Government
  • Advertisement
  • Others

Service Provider

  • Telecom CDN
  • Conventional CDN
  • Others

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