As stated in our extensive report, providing insights on products and procedures the global {keyword} market accounted for USD 18.5 Million in 2021.
A Content Delivery Network (CDN) refers to a geographically distributed group of servers that work together to provide fast delivery of Internet content. The Content Delivery Network (CDN) allows for the quick transfer of assets needed for loading Internet content including HTML pages, javascript files, stylesheets, images, and videos. The popularity of CDN services continues to grow, and today the majority of web traffic is served through CDNs, including traffic from major sites like Facebook, Netflix, and Amazon.
The trend of online gaming is exponentially rising as new technologies, such as Ultra HD and 4K, are released. These new technologies enhance the experience of gaming but can damage the experience of pre-gaming, as they make the players wait for hours to complete the download of the game. This may result in bad feedback from the players on public platforms which can bring loss. CDN solves this issue by leveraging caching of content and a network of servers across the globe. CDN provides gaming enterprises the ability to provide core patches and downloads to gamers 10;Additionally, server crashes and download failures are also prevented. All of these functionalities enhance the experience of pre-gaming. Furthermore, CDN prevents any chance of lagging for gamers as problems in connectivity have become a key problem for players in outlying geographic fields. Moreover, it also provides scalability and hence, enables the gamer to use the game continually even if the game grows by its file size owing to graphics of high-quality and other capabilities.
Over-the-Top (OTT) consumption is evolving rapidly owing to the current advancements which are going on in improving infrastructure digitally and efforts adopted by owners of OTT platforms to create unique content for consumers at cheap prices while offering significant value. Furthermore, the expanded mobile devices adoption, investments in original content creation, and popularity of large screens are further augmenting the consumption. Moreover, Video on Demand (VoD) services demand is rising. It is a faster, cheaper, easier, and more comfortable process to watch videos allowing subscribers to download and watch those programs 10;VoD and OTT users expect swift access to the programs with an improved broadcast-quality experience. The rising number of users for VoD and OTT grows the demand for these CDN solutions.
With the rising video streaming solutions used for watching advertisements and movies, there is a rise in cyber-attacks and virus-attack. Often, users receive and send several video links to each another, which are corrupted by viruses sometimes. Ultimately, these viruses can expose the private details potentially of the recipients to hackers and can impact the devices of all the users. To counter such situations, enterprises have to restructure their actions of deploying these video technologies before use. The truancy of suitable procedures and policies for managing and identifying video content can hinder market growth.
North America is expected to dominate the Global Content Delivery Network Market in 2021 and is likely to continue the same trend during the forecast period. With emerging countries such as Japan, China, and South Korea, this region is likely to witness huge growth in the Content Delivery Network Market.
The key enterprises are undertaking numerous initiatives to increase their reach and strengthen their foothold geographically in the market globally. Such initiatives include mergers and acquisitions, investments in R&D activities, strategic collaborations and partnerships, new product launches, and upgrades to the existing services. For instance, in December 2021, Limelight Networks, Inc., a leading provider of CDN services, announced the availability of GraphQL functionality for its Layer0 by Limelight web application CDN.
Major players of the Content Delivery Network Market such as Akamai Technologies (US), Microsoft (US), IBM (US), Limelight networks (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), Edgecast (US), Kingsoft Cloud (China), (Slovenia) Baishan Cloud (US).