CLOUD CONTENT DELIVERY NETWORK MARKET SIZE EXPECTED TO REACH $1.1 BILLION BY 2026>
News 8.de – Ogishwar Anasuri
Cloud Content Delivery Network Market is expected to reach $1.1 billion by 2026 at a CAGR of 25.8% during the forecast period 2021-2026. The rising recognition of wealthy media content and the growing demand for online gaming are enhancing the growth of the content delivery network market. Moreover, the rapid transition of media organization towards digital distribution model and the rising use of internet services are driving the content delivery network (CDN) market. The increasing use of mobile devices such as smartphones, laptops and so on has propelled the need for live video streaming and OTT services from applications such as Amazon Prime, Netflix and so on. In conjunction with this, in recent times the COVID-19 lockdown is also highly enhancing several applications growth such as media and entertainment, online gaming and education which are further driving the growth of the CDN market during the forecast period 2021-2026.

Cloud security solutions is growing at a highest CAGR of 30.2% in the forecast period. Content Delivery Network in Media & Services segment is growing at a CAGR of 27.2% in the forecast period. North America dominated the market by a market share of more than 36% in 2020, growing dominance of popular social media and OTT platforms like Facebook, Twitter, Instagram, encent Video, iQiyi, and Youku and many others has been rising in this region. The rising demand for enhanced live video streaming with better picture quality has also enhanced the CDN market.
Link: https://news8.de/cloud-content-delivery-network-market-size-expected-to-reach-1-1-billion-by-2026/