Content Delivery Network (CDN) Market

Content Delivery Network (CDN) Market Outlook (2024 to 2034)

The global content delivery network (CDN) market has been valued at US$ 23.5 billion in 2024. Global demand for CDN services is estimated to accelerate at 11.8% CAGR and reach a market valuation of US$ 71.7 billion by the end of 2034. Surging exchange of data volumes on the internet along with the continuous rollout of high-speed networks are key factors contributing to market growth.

Content delivery network solutions are being extensively used in more organizations with the adoption of remote working. These services are used in the media & entertainment industries to improve video and audio content delivery. Constantly increasing requirements for original and high-quality content are projected to create the need for effective CDN solutions for improving network performance and enhancing content delivery.

The increasing adoption of VOD and OTT services involving broadcasters providing latency-free data is set to enhance video delivery. Growing investments in network infrastructure, particularly in potentially high-growth countries are anticipated to improve overall network connectivity. These developments are instrumental in getting instant updates, retrieving ready-made media data, and ensuring consumers stay connected. These factors are set to enhance content delivery along with widening opportunities for providers of content delivery network services.

• Worldwide demand for content delivery network solutions for use in media & entertainment is forecast to increase at a CAGR of 10.6% and reach a market valuation of US$ 25.8 billion by the end of 2034.
• East Asia is projected to account for 23.1% of the global content delivery network market share by 2034.
• Demand for content delivery network services in South Korea is projected to increase at a 12.6% CAGR from 2024 to 2034.

Online gaming and digital marketing preferences are estimated to expand significantly. Advancements in technology and smart city initiatives along with the impending rollout of 5G networks are anticipated to drive growth opportunities in the global market.

Report Attributes	Details
Content Delivery Network (CDN) Market Size (2024E)	US$ 23.5 Billion
Forecasted Market Value (2034F)	US$ 71.7 Billion
Global Market Growth Rate (2024 to 2034)	11.8% CAGR
Japan Market Growth Rate (2024 to 2034)	12.3% CAGR
Market Share of CDN Solutions (2034F)	60%
North America Market Share (2034F)	24.3%
Key Companies Profiled	Akamai Technologies; Tata Communications; Microsoft Corporation; Alibaba Cloud; IBM Corporation; StackPath; Limelight Networks; QUANTIL; Amazon Web Services, Inc.; Deutsche Telekom AG; CloudFare Inc.; Lumen Technologies; AT&T; Verizon Media; Google LLC

Why are We Seeing Rapid Content Delivery Network Market Growth?

“Preference for CDN Services Matching Dynamic Content Requirements”

Content delivery network solutions are forecast to be highly competitive based on content distribution considering service quality. Therefore, more market participants prefer edge servers for localized caching and generating requirements for dynamic security. Network function virtualization technologies and software-defined networking are becoming popular, therefore allowing for high-performance services without any requirements for well-established distributed infrastructure. It results in creating opportunities for providers of large-scale cloud systems.

The majority of content delivery network solutions improve streaming quality and speed. Moreover, they are also offering superior scalability and higher dependable security levels owing to content management outsourcing and comparatively lower cost of data storage.

What are Reasons Restricting Even Faster Market Expansion?

“Shifting Interest in Developing In-house CDN Infrastructure and Issues in Network Connectivity”

Some of the end users are taking an interest in building their own solutions for content delivery networks customized to their particular requirements. They are shifting away from third-party content delivery network service providers. Cyberattacks and viruses are anticipated to become more common as various individuals are giving preference to video streaming services to advertise and watch movies. An absence of suitable procedures and standards for the discovery and regulation of video content is forecast to stymie the CDN market growth.

Which Content Delivery Network Market Trends are Startups Capitalizing On?

“Rising Interest of Consumers in VOD and OTT Platforms for Entertainment”

Constant advancements taking place for developing digital infrastructure and efforts taken for OTT platform adoption are set to create catchy content for individuals at economical prices. In addition, the rising adoption of mobile devices, investment in original content creation, and the popularity of large screens are further contributing to widening opportunities for startups focusing on developing content delivery network solutions.

Country-wise Insights

North America is forecast to account for 24.3% share of global CDN market revenue by the end of 2034. The presence of a larger internet and smartphone user base, the requirements for enhanced website performance, and the popularity of OTT media services are driving demand for CDN solutions. The presence of some leading market players, including Microsoft, AWS, Akamai, Cloudflare, Limelight Networks, etc., is also forecasted to contribute to market growth.

What is Stimulating Demand for CDN Solutions in the United States?

“Rapidly Rising Adoption of Cloud-based Services”

Attribute	United States
Market Value (2024E)	US$ 2.5 Billion
Growth Rate (2024 to 2034)	12.3% CAGR
Projected Value (2034F)	US$ 7.9 Billion

The United States is estimated to contribute 45.6% of the market share in North America by 2034. Rising adoption of smart devices, widespread internet penetration, and higher preference for cloud-based services by more SMEs are leading to a growing demand for content delivery network services. In addition, the increasing acceptance of cloud-based services, the adoption of smartphones, and the deployment of high-speed data networks are contributing to the expanding content delivery network market size. Increased expenditure on leisure services is contributing to the increased demand for content-delivery network solutions in the United States.

What are the Growth Prospects for Market Players in China?

“Rising Initiatives for Developing CDN Solutions”

Attribute	China
Market Value (2024E)	US$ 2.6 Billion
Growth Rate (2024 to 2034)	11.8% CAGR
Projected Value (2034F)	US$ 7.9 Million

China is anticipated to hold 47.5% of the East Asian market revenue share by the end of 2034. An expansion of the e-Commerce sector along with the presence of media entertainment industries in the country is projected to generate demand for content delivery network services. In addition, some leading market players are investing in the installation of high-speed networks, therefore making the deployment of content delivery network solutions more critical. Supportive government initiatives for enabling secure and quick delivery management are also stimulating the adoption of content delivery network services.

Category-wise Insights

As mentioned in the recently updated report by Fact.MR, a market research and competitive intelligence provider, conventional CDNs or telecom CDNs are prominent providers of content delivery network solutions. The growing prominence of content delivery network solutions is owing to their ability to offer a broader range of services, including media delivery, network optimization, and content acceleration. These service providers are coming up with new solutions for meaningful content as well as network delivery optimization to match the increasing demand for services.

Which Content Delivery Network Component is Set to Account for a Larger Market Share?

“Rising Popularity of Content Delivery Network Solutions in Digital Landscape”

Attribute	Solutions
Segment Value (2024E)	US$ 14.6 Billion
Growth Rate (2024 to 2034)	11.4% CAGR
Projected Value (2034F)	US$ 43 Billion

Content delivery network solutions are evaluated to hold 60% share of the global market by 2034. The increasing importance of content delivery network solutions in the digital landscape is estimated to widen opportunities for market players. The rising application of online content by more users and businesses is forecast to strengthen the position of market players going forward. Optimized content delivery, reduced latency, and enhanced website loading times are some of the key features of content delivery network solutions driving their demand.

Why is There Widespread Adoption of CDN Services in Media & Entertainment?

“Huge Demand for CDN Solutions Ensuring Latency-free Media Services”

Attribute	Media & Entertainment
Segment Value (2024E)	US$ 9.4 Billion
Growth Rate (2024 to 2034)	10.6% CAGR
Projected Value (2034F)	US$ 25.8 Billion

Media & entertainment is calculated to capture 36% of the global market revenue share by the end of 2034. Media distribution/delivery, software delivery/distribution, and website caching are accompanied by the utilization of content delivery networks. The rising popularity of VOD subscriptions and video streaming services is stimulating demand for respective services for network operational efficiency and content delivery optimization.

Increased requirements for smartphones and similar connected and smart devices, which support digital media are expected to generate demand for content delivery network solutions for entertainment purposes. Ongoing deployment of various high-speed networks is anticipated to result in easy access to data irrespective of time and location.

Competitive Landscape

Leading providers of content delivery network services are concentrating on strategic partnerships for establishing long-term revenue strategies and accelerating new product development. Video conferencing and video-on-demand applications are creating noteworthy opportunities for service providers.

For instance

• Limelight Networks, Inc. is a prominent CDN service provider. In December 2021, the company announced the availability of GraphQL functionality for use in the Limelight web application of Layer0. These new advancements are expected to strengthen the company’s position in web application solutions.
• In September 2020, CloudFlare Inc. entered into a collaboration with the Internet Archive for improving the reliability of website operations for publishers. This collaboration is estimated to help in improving CloudFlare services and offering more data to the Internet Archive.

Key players in the content delivery network industry include Akamai Technologies, Tata Communications, Microsoft Corporation, Alibaba Cloud, IBM Corporation, StackPath, Limelight Networks, QUANTIL, Amazon Web Services, Inc., Deutsche Telekom AG, CloudFare Inc., Lumen Technologies, AT&T, Verizon Media, and Google LLC.

Fact.MR provides detailed information about the price points of key providers of content delivery network solutions positioned across the world, sales growth, production capacity, and speculative technological expansion, in the recently updated report.

Segmentation of CDN Market Research

• By Component:

  • Solutions
  • Services

• By Content Type:

  • Static
  • Dynamic

• By Provider Type:

  • Traditional
  • Telco
  • Cloud
  • P2P

• By Application:

  • Media & Entertainment
  • Online Gaming
  • Retail & e-Commerce
  • e-Learning
  • Healthcare
  • Enterprises
  • Others

• By Region:

  • North America
  • Latin America
  • Western Europe
  • Eastern Europe
  • East Asia
  • South Asia & Pacific
  • MEA