The content delivery network (CDN) market is growing rapidly owing to the increasing volume of data consumption over the Internet and the proliferation of video and rich media content over social sites. The global CDN market is projected to grow from USD 6.05 billion in 2016 to USD 23.22 billion by 2021, at a CAGR of 30.9 percent. Media delivery core solution is expected to have the highest market share. The media delivery solution is growing majorly due to the need for managed and unmanaged content delivery in a reliable way.The video CDN segment is expected to dominate the market in terms of market share and is estimated to grow considerably during the forecast period due to the high demand for effective video content delivery.North America is expected to be the largest revenue generator region for the CDN market, followed by Europe. Increase in digitization trend among organizations and growing video content are a few of the major drivers of CDN solutions in North America. The market growth in developing regions can be attributed to the enhancements in technology. – Markets and Markets


 

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BroadcastAsia 2017

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