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. Rising need for effective solutions to enable live and uninterrupted content delivery over a high-speed data network to drive the content delivery network market.
The major vendors covered in the content delivery network market include Akamai Technologies (US), Microsoft (US), IBM (US), Edgio (US), Google (US), AWS (US), AT&T (US), Cloudflare (US), Lumen Technologies (US), Deutsche Telekom (Germany), Fastly (US), Citrix systems (US), NTT Communications (Japan), Comcast Technologies (US), Rackspace Technology (US), CDNetworks (South Korea), Tata Communications (India), Imperva (US), Broadpeak (France), Quantil (US), StackPath (US), G Core Labs SA (Luxembourg), Tencent Cloud (China), OnApp Limited (UK), EVG Corp (Vietnam), Kingsoft Cloud (China), Bunny.net (Slovenia) and Baishan Cloud (US). These players have adopted various growth strategies, such as partnerships, business expansions, agreements, collaborations, and new product launches, to expand their content delivery network market presence.
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Akamai Technologies is a CDN provider that acts as an edge platform and uses the customers’ existing cloud service to deliver their content fast and securely. Akamai is a global and key player in the CDN market. It offers CDN solutions that help network administrators manage cost-efficient networks, develop new subscriber services, increase security, capitalize on growth in traffic, and reduce the complexity of managing a CDN network. Akamai offers various solutions, including security, web performance, media delivery, and network operator solutions. Akamai helps telecommunication providers deliver broadcast-quality experiences and high-quality video to their subscribers without building the CDN infrastructure with its network operator solution. The company offers its media delivery solution and other cloud services, which enterprises use to deliver content to their stakeholders.
Microsoft is a software corporation that develops, manufactures, licenses, supports, and sells software products and services. The company provides solutions in applications and infrastructure, data and AI, developer tools, power platform, business applications, security, and more. Microsoft Azure CDN enables users to reduce load times, save bandwidth, and speed responsiveness while performing actions such as developing websites or mobile apps, distributing streaming media, gaming software, firmware updates or IoT endpoints. The solution has a distributed and global presence and thus can easily handle sudden traffic spikes and heavy loads. Moreover, the CDN works seamlessly with Azure services, including web apps, media services, storage, and cloud services. It enables users to gain insights about customer workflows and business needs by tracking engagement with the content.
Content Delivery Network Market by Component (Solutions (Web Performance Optimization, Media Delivery, Cloud Security) and Services), Content Type (Static and Dynamic), Provider Type, Application Area and Region - Global Forecast to 2028
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