Europe Content Delivery Network Market to Cross $ 16 Billion by 2025
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.
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Market"
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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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