Product ID: UCMIG45E2075
Report ID:
UCMIG45E2075 |
Region:
Global |
Published Date: Upcoming |
Pages:
165
| Tables: 55 | Figures: 60
The Content Delivery Network (CDN) Market size was over USD 10 billion in 2020 and is expected to grow at a CAGR of over 15% between 2021 and 2027. The industry growth is driven by the increasing demand for improved content delivery and enhanced scalability from enterprises. The need for uninterrupted content delivery through high-speed networks and technological advancements are also contributing to the demand for CDN solutions and services. Enterprises are adopting various technology solutions to improve performance and reduce latency.
This report is being written to illustrate the market opportunity by region and by segments, indicating opportunity areas for the vendors to tap upon. To estimate the opportunity, it was very important to understand the current market scenario and the way it will grow in future.
Production and consumption patterns are being carefully compared to forecast the market. Other factors considered to forecast the market are the growth of the adjacent market, revenue growth of the key market vendors, scenario-based analysis, and market segment growth.
The market size was determined by estimating the market through a top-down and bottom-up approach, which was further validated with industry interviews. Considering the nature of the market we derived the Application Software by segment aggregation, the contribution of the Application Software in Software & Services and vendor share.
To determine the growth of the market factors such as drivers, trends, restraints, and opportunities were identified, and the impact of these factors was analyzed to determine the market growth. To understand the market growth in detail, we have analyzed the year-on-year growth of the market. Also, historic growth rates were compared to determine growth patterns.
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Product ID: UCMIG45E2075