Europe Content Delivery Network Market to Cross $ 10 Billion Mark by 2023
Increasing demand for
media rich web content, growing smart devices and internet penetration, and
surging adoption of IoT and connected devices to fuel Europe content delivery
network market through 2023
According to
TechSci Research report, “Europe
Content Delivery Network
Market By Type, By Service
Provider, By Solution, By Adjacent Service, By End User, By Country,
Competition Forecast & Opportunities, 2013 – 2023’’, content delivery network (CDN) market in Europe is
forecast to grow to $ 10 billion by 2023. Rising smart device and internet penetration rate
coupled with a 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 would to
fuel Europe CDN market during the forecast period.
Browse 45 Figures spread through 69 Pages and an
in-depth TOC on"Europe Content Delivery Network Market"
https://www.techsciresearch.com/report/europe-content-delivery-network-market/3525.html
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. Cloud
security CDN solution is expected to register the fastest growth rate in the
market, backed by rising number of cyberthreats, growing data on the internet
network and capability of CDN to help with mitigating cyberattacks on the
origin server.
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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 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 Solution, By Adjacent Service, By End User, By
Country, Competition Forecast & Opportunities, 2013 – 2023” 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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