Global Cloud Content Delivery Network (CDN) Industry

Global Cloud Content Delivery Network (CDN) Industry

  • April 2021 •
  • 134 pages •
  • Report ID: 5798145 •
  • Format: PDF
Abstract:
- Global Cloud Content Delivery Network (CDN) Market to Reach $18.1 Billion by 2027
- Amid the COVID-19 crisis, the global market for Cloud Content Delivery Network (CDN) estimated at US$3.7 Billion in the year 2020, is projected to reach a revised size of US$18.1 Billion by 2027, growing at a CAGR of 25.6% over the analysis period 2020-2027. E-commerce & Advertising, one of the segments analyzed in the report, is projected to record a 31.9% CAGR and reach US$5.6 Billion by the end of the analysis period. After an early analysis of the business implications of the pandemic and its induced economic crisis, growth in the Media & Entertainment segment is readjusted to a revised 26.2% CAGR for the next 7-year period.
- The U.S. Market is Estimated at $1.1 Billion, While China is Forecast to Grow at 24.4% CAGR
- The Cloud Content Delivery Network (CDN) market in the U.S. is estimated at US$1.1 Billion in the year 2020. China, the world`s second largest economy, is forecast to reach a projected market size of US$3 Billion by the year 2027 trailing a CAGR of 24.4% over the analysis period 2020 to 2027. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 23.8% and 20.9% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 17% CAGR.
- Education Segment to Record 18.5% CAGR
- In the global Education segment, USA, Canada, Japan, China and Europe will drive the 18.4% CAGR estimated for this segment. These regional markets accounting for a combined market size of US$401.7 Million in the year 2020 will reach a projected size of US$1.3 Billion by the close of the analysis period. China will remain among the fastest growing in this cluster of regional markets. Led by countries such as Australia, India, and South Korea, the market in Asia-Pacific is forecast to reach US$2.1 Billion by the year 2027.

- Select Competitors (Total 41 Featured) -
  • Akamai Technologies, Inc.
  • Alcatel-Lucent SA
  • Amazon Web Services, Inc.
  • CDNetworks Inc.
  • Ericsson AB
  • Google, Inc.
  • Internap Corporation
  • Level 3 Communications, Inc.
  • Limelight Networks, Inc.
  • StackPath, LLC
  • Tata Communications Ltd.
  • Verizon Communications, Inc.