Surge in Demand Boosting Global Content Delivery Network Market Growth - PR Newswire UK

2 years ago 155

The CDN marketplace is expected to scope $29.97 billion by 2028, registering marketplace
expansion astatine a CAGR of 12.6%, says Frost & Sullivan

SAN ANTONIO, Oct. 17, 2022 /PRNewswire/ -- The improvement of the contented transportation web (CDN) marketplace has encouraged vendors to grow their portfolios with complementary and parallel offerings, according to Frost & Sullivan's caller investigation of the global CDN space. Transforming themselves into an borderline level that is greater than the sum of its parts, CDN vendors are entering the territory of large unreality providers and different specialized work providers. Accelerated contented and exertion show with a ample and distributed web of points of beingness differentiate CDN vendors. With a surge successful request for contented and heightened expectations for performance, the CDN marketplace is expected to scope $29.97 billion by 2028 from $13.07 billion successful 2021, registering marketplace enlargement astatine a compound yearly maturation complaint (CAGR) of 12.6%.

For further accusation connected this analysis, please click here.

"Static contented caching is perceived arsenic a commoditized offering," said Nicholas Baugh, ICT Research Analyst astatine Frost & Sullivan. "Vendors are bundling complementary services that leverage existing resources and are innovating to present much value."

Baugh added: "The Mega-Trend of caller concern models—redefining concern propositions astir personalization and innovative 'value for many' models—is compelling work providers to absorption much connected flexibility. Basically each online services admit that they indispensable heighten the customers' acquisition to amended conversion rates and little churn, and they are turning to CDNs to guarantee speedy transportation and accelerated functionality."

To capitalize connected maturation opportunities successful the CDN market, vendors should:

Prepare for the monolithic magnitude of information postulation generated by virtual world (VR)/augmented world (AR)-mixed world (MR) devices and systems.
Plan for however they volition enactment mobile edge computing enabled by 5G to present connected the committedness of expanded web capabilities.
Participate successful industry collaboration efforts that incentivize wide information and make a robust marketplace for capacity.
Bundle offerings for small and mean businesses globally, enabling them to determination straight to borderline applications, circumvent infrastructure challenges and let the enactment to absorption connected its halfway business.

Global Content Delivery Network (CDN): Growth Opportunities and Analysis is the latest summation to Frost & Sullivan's ICT research and analyses disposable done the Frost & Sullivan Leadership Council, which helps organizations place a continuous travel of maturation opportunities to win successful an unpredictable future.

About Frost & Sullivan

For implicit six decades, Frost & Sullivan has helped physique sustainable maturation strategies for Fortune 1000 companies, governments, and investors. We use actionable insights to navigate economical changes, place disruptive technologies, and formulate caller concern models to make a watercourse of innovative maturation opportunities that thrust aboriginal success. Contact us: Start the discussion

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

K79D

Contact:

María Celeste Bailo
Corporate Communications
E: celeste.bailo@frost.com
https://www.frost.com/

Photo - https://mma.prnewswire.com/media/1921526/Content_delivery_network.jpg