Surge in Demand Boosting Global Content Delivery Network Market Growth

The CDN market is predicted to achieve $29.97 billion by 2028, registering market

enlargement at a CAGR of 12.6%, says Frost & Sullivan

SAN ANTONIO, Oct. 17, 2022 /PRNewswire/ — The evolution of the content material supply community (CDN) market has inspired distributors to broaden their portfolios with complementary and parallel choices, in accordance with Frost & Sullivan’s current evaluation of the world CDN area. Transforming themselves into an edge platform that’s larger than the sum of its elements, CDN distributors are coming into the territory of main cloud suppliers and different specialised service suppliers. Accelerated content material and software efficiency with a big and distributed community of factors of presence differentiate CDN distributors. With a surge in demand for content material and heightened expectations for efficiency, the CDN market is predicted to achieve $29.97 billion by 2028 from $13.07 billion in 2021, registering market enlargement at a compound annual development price (CAGR) of 12.6%.

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“Static content caching is perceived as a commoditized offering,” stated Nicholas Baugh, ICT Research Analyst at Frost & Sullivan. “Vendors are bundling complementary services that leverage existing resources and are innovating to deliver more value.”

Baugh added: “The Mega-Trend of new business models—redefining business propositions around personalization and innovative ‘value for many’ models—is compelling service providers to focus more on flexibility. Basically all online services recognize that they must enhance the customers’ experience to improve conversion rates and lower churn, and they are turning to CDNs to ensure speedy delivery and fast functionality.”

To capitalize on development alternatives in the CDN market, distributors ought to:

• Prepare for the huge quantity of knowledge visitors generated by digital actuality (VR)/augmented actuality (AR)-mixed actuality (MR) units and programs.
• Plan for the way they are going to assist cell edge computing enabled by 5G to ship on the promise of expanded community capabilities.
• Participate in trade collaboration efforts that incentivize broad participation and create a sturdy market for capability.
• Bundle choices for small and medium companies globally, enabling them to maneuver on to edge purposes, circumvent infrastructure challenges and permit the group to deal with its core business.

Global Content Delivery Network (CDN): Growth Opportunities and Analysis is the most recent addition to Frost & Sullivan’s ICT analysis and analyses out there by way of the Frost & Sullivan Leadership Council, which helps organizations establish a steady circulate of development alternatives to succeed in an unpredictable future.

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

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