Content Delivery Network Market 2016 to 2021 (Industry Share, Size, Trends & Forecasts)
Market Insights
• The market for the content delivery network is estimated to grow from $ 6301 million in 2016 to $ 42071.5 Million by 2024.
• The compound annual growth rate estimated to be nearly 27.45% for the term 2017-2024.
• The base year considered for the study is 2016. • The market forecast period is between 2017 and 2024. • The major driver for the growth of the CDN (content delivery Network) market is the growing value of data consumption over the internet.
Market Share
Regional Insights •The content delivery network market size in the Americas is anticipated to hold the largest share by 2024 owing to the major driving forces such as growing volume of data consumption over the internet, developing a pattern of digitalization among associations, rising disposable income and changing the lifestyle of the consumer.
•After the U.S. and Canada, China and Japan are anticipated to be the next emerging markets for CDN. The major growing end user industries in emerging economies such as India, China, and Japan etc. also drive the market for the content delivery network in the region. Asia-Pacific market size is anticipated to witness a promising growth which is considered as a great opportunity for content delivery network market share in the near future.
Competitive Insights •The major players in the content delivery market are IolNetcom, Cdnetworks, Adobe, Accellion, Amazon, Cloudfront, AT&T, Blue Coat Systems (acquired by bain capital), Verivue, Google, Cisco, Akamai, Ericsson, Inisoft, Internap, Kaltura, CloudFlare, Microsoft, Tata Communications, and Telestream. Akamai is one of the major players in the content delivery network market responsible for serving between 15 and 30 percent of all web traffic.
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