Global Cloud Content Delivery Network Market Size By Product (Video CDN, Standard/Non-Video CDN), By Application (Large Enterprises, Small and Medium Businesses (SMBs)), By Geographic Scope And Forecast
Published on: 2024-08-08 | No of Pages : 320 | Industry : latest updates trending Report
Publisher : MIR | Format : PDF&Excel
Global Cloud Content Delivery Network Market Size By Product (Video CDN, Standard/Non-Video CDN), By Application (Large Enterprises, Small and Medium Businesses (SMBs)), By Geographic Scope And Forecast
Cloud Content Delivery Network Market Size And Forecast
Cloud Content Delivery Network Market size was valued at USD 11,949.05 Million in 2023 and is projected to reach USD 28,894.86 Million by 2030, growing at a CAGR of 13.44% during the forecast period 2024-2030.
Increasing demand for mobile applications and increasing consumption of online content, including video streaming, and gaming are the factors driving the market growth. The Global Cloud Content Delivery Network Market report provides a holistic evaluation of the market. The report offers a comprehensive analysis of key segments, trends, drivers, restraints, competitive landscape, and factors that are playing a substantial role in the market.
Global Cloud Content Delivery Network Executive Summary
A cloud content delivery network is a geographically dispersed collection of servers that caches content close to end consumers. The assets required to load internet content, such as HTML pages, JavaScript files, stylesheets, photos, and videos, can be transferred quickly via a content delivery network. Nowadays, the bulk of web traffic—including traffic from well-known websites like Facebook, Netflix, and Amazon—is provided through content delivery networks as their popularity grows. With a correctly built cloud content delivery network, websites may be protected from common harmful attacks, such as Distributed Denial of Service (DDOS) attacks.
A distributed server system known as a content delivery network collaborates to provide users with web material—text, photos, videos, and other multimedia—based on location. A cloud content delivery network is primarily used to increase content delivery’s speed, dependability, and performance by strategically positioning servers across the globe. A global cloud content delivery network, or CDN, expands on this idea by utilizing cloud computing infrastructure. With a cloud CDN, content is distributed and delivered using cloud-based resources instead of traditional data centers. This makes more scalability, flexibility, and efficiency possible for managing traffic spikes and distributing content to users worldwide. The growing popularity of cloud-based services and the rising need for high-speed internet access are projected to fuel the significant rise of the Cloud Content Delivery Network Market in the upcoming years. Demand for cloud content delivery network security will rise significantly throughout the forecast period due in part to the early adoption of cutting-edge technology and the increasing dominance of popular social media and OTT platforms.
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Global Cloud Content Delivery Network MarketSegmentation Analysis
The Global Cloud Content Delivery Network Market is Segmented on the basis of Product, Application, and Geography.
Cloud Content Delivery Network Market, By Product
- Video CDN
- Standard/Non-Video CDN
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Based on Product, The Global Cloud Content Delivery Network Market segmented into Video CDN and Standard/Non-Video CDN. Video CDN accounted for the largest market share in 2022 and is projected to grow at the highest CAGR of 13.80% during the forecast period. Standard/Non-Video CDN was the second-largest market in 2022. A content delivery network (CDN) is a collection of linked servers which store and deliver content via the Internet. CDNs are distributed worldwide, allowing them to deliver content to a more significant number of consumers more efficiently than a single origin server or data center can.
A CDN caches content whenever a user requests it from a website that uses that CDN; the term “cache” refers to the temporary storage of a file. A standard Content Delivery Network (CDN) consists of distributed servers strategically placed across various geographical locations to improve web content delivery. In contrast to video CDNs, primarily concerned with optimizing video streaming, a standard CDN is intended to speed up the loading of several content, including images, scripts, and other static assets.
Cloud Content Delivery Network Market, By Application
- Large Enterprises
- Small and Medium Businesses (SMBs)
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Based on Application, The Global Cloud Content Delivery Network Market segmented into Large Enterprises and Small and Medium Businesses (SMBs). Large Enterprises accounted for the largest market share in 2022 and is projected to grow at a CAGR of 12.75% during the forecast period. Small and Medium Businesses (SMBs) was the second-largest market in 2022. Small and medium businesses (SMBs) are frequently used to refer to businesses that are smaller in revenue and size than large corporations, but larger than small enterprises or sole proprietorships. SMBs might find competing with more giant enterprises in their industry difficult.
Technology can assist them in increasing productivity, efficiency, and profitability while remaining agile, innovative, and responsive to market changes. It can assist them in making sound decisions with the help of real-time data and insights. Small and medium-sized businesses (SMBs) are frequently better positioned than more giant corporations to provide personalized service, quick response times, and a sense of community and connection. By growing solid relationships with customers, vendors, and employees, SMBs can build a loyal, engaged community that encourages their development and achievement. Small and medium-sized businesses (SMBs) benefit significantly from CDNs by improving the performance and reliability of their online presence.
Cloud Content Delivery Network Market, By Geography
- North America
- Europe
- Asia Pacific
- Latin America
- Middle East & Africa
Based on Geography, The Global Cloud Content Delivery Network Market segmented into North America, Europe, Asia-Pacific, Middle East & Africa, and Latin America. North America accounted for the largest market share in 2022 and is projected to grow at a CAGR of 13.62% during the forecast period. Asia-Pacific was the second-largest market in 2022. The growing need for compelling content delivery services has propelled the North American Cloud Content Delivery Network Market’s significant expansion.
To improve the distribution of digital material to end users, companies in various industries, including e-commerce, media and entertainment, gaming, and software-as-a-service (SaaS), have been implementing cloud content delivery network systems. Global and regional major cloud content delivery network service providers compete in the North American market. Several prominent worldwide content delivery networks are Akamai, Cloudflare, Amazon CloudFront, and Fastly. Furthermore, regional providers concentrate on offering customized cloud content delivery network services to meet North American organizations’ unique requirements.
Key Players
The “Global Cloud Content Delivery Network Market” study report will provide a valuable insight with an emphasis on the global market. The major players in the market are Amazon Web Services, Google Inc. (Alphabet Inc), CDNetworks (Hong Kong Wangsu Science & Technology Company Limited), Akamai Technologies, Rackspace, Imperva, Inc. (Thales Group), CloudFlare, Fastly, Edgio, Tata Communications, AT&T, CacheFly, KeyCDN. This section provides company overview, ranking analysis, company regional and industry footprint, and ACE Matrix.
Our market analysis also entails a section solely dedicated for such major players wherein our analysts provide an insight to the financial statements of all the major players, along with its product benchmarking and SWOT analysis. The competitive landscape section also includes key development strategies, market share and market ranking analysis of the above-mentioned players globally.
Company Market Ranking Analysis
The company ranking analysis provides a deeper understanding of the top 5 players operating Cloud Content Delivery Network Market. takes into consideration several factors before providing a company ranking. The top five players for the include Amazon Web Services, Google Inc. (Alphabet Inc.), CDNetworks (Hong Kong Wangsu Science & Technology Company Limited), Akamai Technologies, and Rackspace. The factors considered for evaluating these players include company’s brand value, product portfolio (including product variations, specifications, features and price), company presence across major regions, product related sales obtained by the company in recent years and its share in the total revenue. further study the company’s product portfolio based on the technologies adopted or new strategies undertaken by the company to enhance their market presence globally or regionally. We also consider the distribution network (online as well as offline) of the company that helps us to understand the company’s presence and foothold in various Cloud Content Delivery Network Markets.
Company Regional/Industry Footprint
The company’s regional section provides geographical presence, regional level reach, or the respective company’s sales network presence. For instance, include Amazon Web Services has its presence globally i.e., in North America, Europe, Asia Pacific, Latin America, and Middle East & Africa.
Apart from this, the industrial footprint section provides a cross-analysis of industry verticals and market players that gives a clear picture of the company landscape concerning the industries they serve their products. The product portfolio of the companies is classified in terms of their diversification as well as the number of products/services that are available. The geographic reach and the market penetration are determined considering the penetration of the company’s products and services in various geographical regions and industries.
Ace Matrix
This section of the report provides an overview of the company evaluation scenario in the Cloud Content Delivery Network Market. The company evaluation has been carried out based on the outcomes of the qualitative and quantitative analyses of various factors such as the product portfolios, technological innovations, market presence, revenues of companies, and the opinions of primary respondents.
Report Scope
REPORT ATTRIBUTES | DETAILS |
---|---|
Study Period | 2020-2030 |
Base Year | 2023 |
Forecast Period | 2024-2030 |
Historical Period | 2020-2022 |
Unit | Value (USD Million) |
Key Companies Profiled | Amazon Web Services, Rackspace, Imperva Inc. (Thales Group), CloudFlare, Fastly, Edgio, Tata Communications, AT&T, CacheFly, KeyCDN. |
Segments Covered |
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Customization scope | Free report customization (equivalent to up to 4 analyst working days) with purchase. Addition or alteration to country, regional & segment scope. |
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Cloud Content Delivery Network Market Infographic