Global Content Delivery Network (CDN) Software Market Size By Content Type, By Component, By Application, By Geographic Scope And Forecast

Report Highlights

Content Delivery Network (CDN) Software Market Size And Forecast

Content Delivery Network (CDN) Software Market was valued at USD 11.78 Billion in 2019 and is projected to reach USD 28.90 Billion by 2027, growing at a CAGR of 11.81% from 2020 to 2027.

The Content Delivery Network (CDN) Software Market report provides a holistic evaluation of the market for the forecast period. The report comprises of various segments as well an analysis of the trends and factors that are playing a substantial role in the market. These factors; the market dynamics, involves the drivers, restraints, opportunities and challenges through which the impact of these factors in the market are outlined. The drivers and restraints are intrinsic factors whereas opportunities and challenges are extrinsic factors of the market. The Content Delivery Network (CDN) Software Market study provides an outlook on the development of market in terms of revenue throughout the prognosis period.

Global Content Delivery Network (CDN) Software Market Overview

Rising adoption of the Internet of Things (IoT) technology, as well as smart devices like smartphones and smart TV, are the aspects in the market that are boosting its growth around the world. The number of internet users worldwide stands at a staggering 3.5 billion at present. This has led to unprecedented growth in online content consumption. Video consumption over mobile devices, for example, has spiked beyond measure. All these have filliped the global CDN market.

In addition, rising demand for improved video content and VOD services is driving the growth of the content delivery network market, globally. VOD is a programming system that enables a user to select and watch desired video or listen to audio as per convenience. Several companies, such as Netflix Inc., Amazon.com Inc., Viacom 18 Media Pvt. Limited, Star India Private Limited, and Sony Pictures Entertainment Inc., among others, are currently offering VOD services. These VOD service providers offer wide range of movies, web series, and other online content. Thus, the necessity of providing latency-free content over the network and provide improved video content and delivery is driving the content delivery network market growth.

This report provides an all-inclusive environment of the analysis for the Content Delivery Network (CDN) Software Market. The market estimates provided in the report are the result of in-depth secondary research, primary interviews and in-house expert reviews. These market estimates have been considered by studying the impact of various social, political and economic factors along with the current market dynamics affecting the Content Delivery Network (CDN) Software Market growth.

Along with the market overview, which comprises of the market dynamics the chapter includes a Porter’s Five Forces analysis which explains the five forces: namely buyers bargaining power, suppliers bargaining power, threat of new entrants, threat of substitutes, and degree of competition in the Content Delivery Network (CDN) Software Market. It explains the various participants, such as system integrators, intermediaries and end-users within the ecosystem of the market. The report also focuses on the competitive landscape of the Content Delivery Network (CDN) Software Market.