The global content delivery network market size was valued at USD 10.73 billion in 2020 and is expected to expand at a compound annual growth rate (CAGR) of 22% from 2021 to 2028. The COVID-19 pandemic has adversely affected the market as content delivery network (CDN) vendors rely on various economic factors, such as vibrant financial markets and the flow of liquidity and capital from financial institutes, for their revenue growth. The pandemic negatively affected liquidity and capital flow.
A full report of Content Delivery Network Market available at: https://www.orionmarketreports.com/content-delivery-network-market/11664/
The traditional commercial CDN segment dominated the market in 2020 and accounted for a revenue share of over 50%. The multiple solutions offered by the service providers for network optimization, content acceleration, and media delivery are expected to drive the growth of this segment. The rise in data consumption worldwide is prompting CDN providers to introduce solutions for useful content and network delivery optimization.
Content Delivery Network Market- Segmentation
By Solution and Service
• Media Delivery
• Cloud Security
• Web Performance
By End-user
• Media and Entertainment
• Advertising
• E-Commerce
• Healthcare
• Business and Financial Services
• Research and Education
• Other End-users
Key Market Players
• Akamai Technologies
• Amazon Web Services, Inc.
• International Business Machines Corp.
• Limelight Networks
• Verizon
• AT&T Intellectual Property
• Google LLC
• Microsoft
• CenturyLink
• Deutsche Telekom AG
• Tata Communications
• Fastly, Inc.
• Tencent Cloud
• Kingsoft Corporation, Ltd.
• Alibaba.com
(This release has been published on OMR Industry Journal. OMR Industry Journal is not responsible for any content included in this release.)