The Global Content Delivery Network (CDN) Market is Anticipated to Expand Notably and Exceed US$ 155,461.3 million in 2023 – FMI Projection

The content delivery network (CDN) market is on a meteoric rise, with exponential growth expected in the coming years. Analysts forecast an astounding 20.8% CAGR for the worldwide CDN market, driving its value to a whopping US$ 155,461.3 million by 2033. When compared to the market size of US$ 23,429 million in 2023, this predicted rise is even astounding.

Increasing Internet use for data and media exchange, as well as rising consumer interest in video on demand (VOD) and OTT platforms for entertainment have resulted in worldwide growth in content delivery network solutions and services. As a result of the growing need for e-learning and work-from-home operations, the use of content delivery networks has increased tremendously.

Software-as-a-With e-Commerce verticals finding success with video content delivery over mobile networks, service content delivery network options are likely to match increased demand.

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Conventional hardware-based CDNs are being phased out in favor of cloud-based systems that provide enhanced efficiency, worldwide coverage, and simplified management. Further, Cloud CDN companies used edge computing along with dispersed server infrastructure to efficiently deliver content.

CDNs include safety amenities such as DDoS protection, web application firewalls, and SSL/TLS encryption, which are critical for safeguarding websites and online services against cyber attacks. As the incidence and level of sophistication of cyber-attacks expand, there might be the requirement for CDN-based security solutions.

Key Takeaways

  • In 2022, North America held 35.5% of the worldwide content delivery network market.
  • In 2022, the United States secured a 24.5% market share.
  • India’s market is expected to develop at a CAGR of 21.3%.
  • China’s market is expected to increase at a CAGR of 22.3%.
  • Software-as-a-Service (SaaS) segment accounted for 34.1% of the global content delivery network (CDN) market.

Competitive Landscape

Video-on-demand and video conferencing apps are creating significant potential for content delivery solution suppliers.

  • Google’s Media CDN for content delivery was launched in April 2022. To enable optimal content delivery, this platform makes use of a solid infrastructure identical to that of YouTube. Furthermore, Media CDN provides ad insertion techniques that allow consumers to dynamically embed adverts within video content.
  • In September 2022, Microsoft Corporation launched a CDN solution designed exclusively for private organizations. The Enterprise Content Delivery Network (eCDN) is the name given to the CDN service. It tries to enhance content delivery by leveraging company users’ private network infrastructure. eCDN’s key goal is to increase the efficacy of live video streaming across the company.

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Valuable Insights

Future Market Insights, in its new offering, presents an unbiased analysis of the global content delivery network (CDN) market presenting a historical analysis from 2018 to 2022 and forecast statistics between 2023 and 2033.

The study reveals essential insights By Service (Designing, Testing, and Deployment, Software-as-a-Service (Bundled Suites, Individual Modules (Digital Rights Management, CDN Delivery, CDN Analytics & Monitoring, Transparent Caching, Others)), Managed Services, Consulting Services), By Application (Media Distribution/Delivery, Software Distribution/Delivery, Website Caching, Others), By Vertical (Media & Entertainment, e-Commerce, IT & Telecom, Healthcare, Government, Advertisement, Others), By Service Provider (Telecom CDNs, Conventional CDNs, Others), & Region.

Key Players:

  • Akamai Technologies Inc.
  • Cloudflare Inc.
  • Microsoft Corporation
  • Lumen Technologies
  • Edgio
  • CDNetworks Co. Ltd
  • Orange S.A.
  • AT&T
  • Deutsche Telekom AG
  • StackPath LLC
  • Fastly
  • Imperva
  • Tencent Cloud
  • Broadpeak
  • Quantil
  • Google

Content Delivery Network Market Survey By Category

By Service:

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

By Application:

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

By Vertical:

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

By Service Provider:

  • Telecom CDNs
  • Conventional CDNs
  • Others

By Region:

  • North America
  • Latin America
  • Europe
  • East Asia
  • South Asia & Pacific
  • Middle East & Africa (MEA)

About Future Market Insights (FMI):

Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI stands as the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer Technology, Healthcare, Industrial, and Chemicals markets. With a vast team of over 400 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.

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About the Author

Nikhil Kaitwade

Associate Vice President at Future Market Insights, Inc. has over a decade of experience in market research and business consulting. He has successfully delivered 1500+ client assignments, predominantly in Automotive, Chemicals, Industrial Equipment, Oil & Gas, and Service industries.
His core competency circles around developing research methodology, creating a unique analysis framework, statistical data models for pricing analysis, competition mapping, and market feasibility analysis. His expertise also extends wide and beyond analysis, advising clients on identifying growth potential in established and niche market segments, investment/divestment decisions, and market entry decision-making.
Nikhil holds an MBA degree in Marketing and IT and a Graduate in Mechanical Engineering. Nikhil has authored several publications and quoted in journals like EMS Now, EPR Magazine, and EE Times.

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