Press Release

Grand News Network | October 24, 2023

Content Delivery Network Market worth $36.5 billion by 2028, growing at a CAGR of 10.9%: Report by MarketsandMarkets™

Chicago, Oct. 24, 2023 (GLOBE NEWSWIRE) -- The Content Delivery Network Market is projected to grow from USD 21.7 billion in 2023 to USD 36.5 billion by 2028, at a CAGR of 10.9% during the forecast period, according to a new report by MarketsandMarkets™.

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Download PDF Brochure: https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=657

Content Delivery Network Market Dynamics:

  1. Rising need for live and uninterrupted content delivery over high-speed data network
  2. Increasing demand for enhanced QoE and QoS
  3. Proliferation of video and rich media over websites
  4. Increasing demand for enhanced video content and latency-free online gaming experience

Restraints:

  1. Complex architecture and concern about QoS
  2. Network connectivity and technical difficulties in live video streaming

Opportunities:

  1. Rising demand for cloud-enabled services
  2. Increasing demand for integrated and next-generation security solutions and services
  3. Growing interest of consumers in OTT platforms and VOD for entertainment

List of Key Players in Content Delivery Network Market:

  • Akamai Technologies (US),
  • Microsoft (US),
  • IBM (US),
  • Edgio (US),
  • Google (US),
  • AWS (US),
  • AT&T (US),
  • Cloudflare (US),
  • Lumen Technologies (US),
  • Deutsche Telekom (Germany)

The exponential growth of internet usage, driven by video streaming, online gaming, and social media, fuels the demand for efficient content delivery solutions.

Content delivery refers to distributing digital content, such as web pages, images, videos, and other media, from its source to end-users or clients over the internet. It involves delivering the content quickly and efficiently to ensure a seamless user experience. Content delivery encompasses various components, including network infrastructure, caching mechanisms, server optimization, and intelligent routing algorithms, all aimed at improving the speed, reliability, and performance of content delivery to end-users across different devices and ...

Full story available on Benzinga.com


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