Increasing demand for media rich web content, growing smart devices, rising internet penetration, and surging demand for live content delivery to fuel Europe content delivery network market through 2025
According to TechSci Research report, “Europe Content Delivery Network Market By Type, By Service Provider, By Content Type By Solution, By Adjacent Service, By End User, By Country, Competition Forecast & Opportunities, 2025’’, content delivery network (CDN) market in Europe stood at $ 3.6 billion in 2019 and is forecast to grow at a CAGR of over 29% to reach USD 16.8 billion by 2025. Rising smart device, internet penetration rate, internet traffic coupled with the growing number of cloud and telco companies providing CDN services and solutions are expected to boost content delivery network market in the region over the course of next five years. Moreover, increasing adoption of SMAC technologies and rising penetration of OTT services such as Amazon Prime, Network among others to fuel Europe CDN market during the forecast period. Furthermore, content delivery network allows to deliver content with reduced latency in order to provide seamless user experience.
Browse over 75 Figures spread through more than 150 Pages and an in-depth TOC on “Europe Content Delivery Network Market”
Europe Content Delivery Network market is segmented based on type, service provider, content type, solution, adjacent services, end user and country. Based on type, the market can be categorized into Video CDN and Non-Video CDN. Video CDN segment dominates the region’s content delivery network market, on the back of growing viewership of video content across various European countries due to increasing popularity of video media streaming services, such as YouTube, Hulu, Netflix, etc. Moreover, increasing availability of video content across various social media sites aids the leading position of the video CDN segment in Europe CDN market. Backed by increasing installation of POPs (Points of Presence) and growing acceptance of OTT services in Germany, the country accounts for the largest market share in the region’s CDN market. Based on content type, the market can be categorized into static and dynamic. Dynamic content that changes based on user such as user visit time, location and device to make webpage more interactive and personalized, dominated the market in 2019 and same trend is expected to continue during the forecast period, owing to the increase in demand for CDN solutions for real-time video streaming, voice over IP (VoIP), and online gaming services.
Akamai Technologies, Inc., CenturyLink, Ltd., Amazon Web Services, Inc., AT&T, Verizon Communication Inc., Wangsu Science & Technology Co Ltd (ChinaNetCenter), Alphabet Inc., NTT Communications Corporation, Microsoft Corporation, Tata Communications Ltd, CDNetworks Co Ltd, Limelight Networks, Inc., StackPath, LLC, Internap Holding LLC, Deutsche Telekom AG, Cloudflare Inc. and G Core Labs S.A. are some of the leading players operating in Europe CDN market. Market players are using organic strategies such as product launches, etc., to boost their share. For instance, CenturyLink Ltd., in November 2019, launched CDN Edge Compute for web applications. CDN Edge Compute helps to achieve exceptional performance, scalability and security with the edge compute platform, while providing real time deep insights about traffic trends.
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“Over past few years, there has been an increase in technological advancements across gaming as well as media & entertainment sectors across Europe, which has propelled the CDN market in the region. Increasing traction of VR & AR applications across these sectors is expected to boost customer satisfaction and encourage various companies to procure content delivery network solutions for enhancing video performance in the coming years.”, said Mr. Karan Chechi, Research Director with TechSci Research, a research based global management consulting firm.
“Europe Content Delivery Network Market By Type, By Service Provider, By Content Type, By Solution, By Adjacent Service, By End User, By Country, Competition Forecast & Opportunities, 2015 – 2025” has evaluated the future growth potential of content delivery network market in Europe and provides statistics and information on market structure, size, share and trends. The report is intended to provide cutting-edge market intelligence and help decision makers take sound investment decisions. Besides, the report also identifies and analyzes the emerging trends along with essential drivers, challenges and opportunities present in Europe content delivery network market.
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