Content Delivery Network Market is Growing Exponentially
in Order to Gain More Demand by 2026
Content Delivery Network Market research provides industry
analysis by type, manufacturer, application along with key factors
influencing the growth of the market which include growth drivers,
restraints, opportunities and challenges, strategically profile key
players and comprehensively analyze their market share and core
competencies.
A content distribution network or content delivery network (CDN) is a system distributed network
that delivers webpages or different web content data across various geographical locations.
Content delivery network delivers a large portion of online content, including web objects
(scripts, graphics and text), downloading objects (documents, software, and media files),
applications (portals and e-commerce), social networking, on-demand streaming media, and live
streaming media.
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The last few years have witnessed a meteoric rise in IP data traffic backed by internet
proliferation worldwide. According to Coherent Market Insights, in 2016, 96,054 PB IP data traffic
was generated per month and is projected to reach 278,108 PB IP data traffic by 2021, globally.
Increasing adoption of video supporting devices, wearable devices, AR/VR technology, and
digitization is increasing data traffic globally, which in turn is expected to boost demand for
content delivery network.
Growing e-commerce industry provides immense opportunities for growth of the content delivery
network market. For example, according to India Brand Equity Foundation Organization, in 2016,