Surge in Demand Boosting Global Content Delivery Network Market Growth

The CDN market is expected to reach $29.97 billion by 2028 registration market
Expansion at a CAGR of 12.6%, says Frost & Sullivan

SAN ANTONIO, October 17, 2022 /PRNewswire/ — According to Frost & Sullivan’s recent analysis, the evolution of the content delivery network (CDN) market has encouraged vendors to expand their portfolios with complementary and parallel offerings global CDN space. CDN providers are turning into an edge platform that is more than the sum of its parts, entering the territory of large cloud providers and other specialized service providers. Accelerated content and application performance with a large and distributed network of points of presence differentiate CDN providers. The CDN market is expected to hit with an increase in demand for content and increased expectations for performance $29.97 billion until 2028 $13.07 billion in 2021 and recorded a market expansion with a compound annual growth rate (CAGR) of 12.6%.

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“Static content caching is perceived as a standard offering,” he said Nicholas BaughICT Research Analyst at Frost & Sullivan. “Providers are bundling complementary services that leverage existing resources and innovating to deliver more value.”

Baugh added, “The new business model megatrend – redefining business propositions around personalization and innovative ‘value for many’ models – is forcing service providers to focus more on flexibility. Fundamentally, all online services recognize that they need to improve the customer experience to improve conversion rates and reduce churn, and they turn to CDNs to ensure fast deployment and fast functionality.”

To capitalize on growth opportunities in the CDN market, vendors should:

  • Prepare for the massive amount of traffic generated by Virtual Reality (VR)/Augmented Reality (AR)-Mixed Reality (MR) devices and systems.
  • Plan how they will support mobile devices Edge computing enabled by 5G to deliver on the promise of expanded networking capabilities.
  • Participate in industry cooperation Efforts to stimulate broad participation and create a stable marketplace for capacity.
  • Bundle deals for small and medium-sized companies worldwide, This allows them to go straight to edge applications, bypassing infrastructure challenges and allowing the organization to focus on its core business.

Global Content Delivery Network (CDN): Growth Opportunities and Analysis is the latest addition from Frost & Sullivan ICT Research and analysis available through the Frost & Sullivan Leadership Council, which helps organizations identify a continuous flow of growth opportunities to thrive in an unpredictable future.

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Global Content Delivery Network (CDN): Growth Opportunities and Analysis

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