2023: Amazon Web Services, Inc. announced Romexsoft as its official partner for Amazon CloudFront Service Delivery to boost its content delivery services (CDN) network in North America and global markets.
According to MarkNtel Advisors study, The North America Content Delivery Network Market size is estimated to grow at a CAGR of around 14.5% during the forecast period, i.e., 2024-30.
Consumers nowadays prefer tailored and personalized solutions, owing to which business organizations try their best to offer their end-users customized solutions. This sometimes results in the organizations putting their resources into a single task rather than distributing it rationally. Therefore, the enterprises in the region are witnessing network traffic. Hence, to eliminate the data traffic and provide consumers with seamless content delivery, organizations are increasingly using technologically advanced content delivery network solutions. These highly advanced solution helps companies to rationally distribute their resources and address customer needs efficiently without delaying the service time. Therefore, these technologically advanced solutions are increasingly becoming a popular choice among various industry verticals.
Further, the amalgamation of emerging technologies, like AI & ML helps companies to make informed decisions without manual input, which reduces the risks of human error. As a result, to maximize the company’s output, the enterprises would continue to shift towards these technologically advanced solutions, uplifting North America Content Delivery Market growth in the forthcoming years.
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Key Findings in North America Content Delivery Network Market:
Historical Years | 2019-2022 |
Base Years | 2023 |
Forecast Years | 2024-2030 |
Key Report Highlights | · Market Dimensions & Projections· Pricing Evaluation,· Recent Strategic Moves by Companies,· Primary Stakeholders,· Analysis of Import and Export Trends,· Competitive Landscape Assessment,· Emerging Opportunities,· Market Trends and Indicators |
Reports Delivery Format | Market research studies from MarkNtel Advisors are offered in PDF, Excel and PowerPoint formats. Within 24 hours of the payment being successfully received, the report will be sent to your email address. |
North America Content Delivery Network Market Key Players:
TATA Communications, Akamai Technologies, Microsoft, Google, Amazon Web Services, Inc., Imperva, Lumen Technologies, Cloudflare, Inc., Rackspace Technology, CDNetworks, Inc., CacheNetworks, LLC., and others
Market Segmentation Overview:
By Offering
-Solutions
–Web Performance Optimization
–Media Delivery
–Cloud Security
–App & API Performance
-Services
–Designing and Consulting Services
–Storage Services
–Analytics and Performance Monitoring Services
–Website and API Management Services
–Network Optimization Services
–Support and Maintenance
–Others (Transparent Catching, Digital Rights Management, etc.)
By Functionality
-Video Streaming
-Website Acceleration
-Software Delivery
-Cloud Storage
-Mobile Content Delivery
By Server Type
-Origin Servers
-Edge Servers
-Domain Name System (DNS) Servers
By Type
-Pull CDN
-Push CDN
-P2P CDN
By Content Type
-Static Content
-Dynamic Content
By End User
-Media and Entertainment
-Gaming
-Retail and E-Commerce
-Healthcare
-IT &Telecom
-Others- (Advertising, BFSI, etc.)
Of them all, Media & Entertainment holds a dominant market share in the North American Content Delivery Network market. Individuals nowadays are spending the majority of their time on mobile phones, laptops & tablets. These individuals prefer to watch various types of content online, including, thriller & documentaries during their leisure time. As a result, there is a surging usage & customer base of the social media & OTT platforms in North America. These platforms cater to the request of millions of consumers at the same time, therefore to ensure the right delivery of the content, these platforms are using the CDN network solutions. Further, these content streaming platforms are increasingly launching series & movies of different genres to gain the attention of more consumers. As a result, the consumer base of each OTT platform is increasing in North American countries. This surge in the consumer base is necessitating the companies to continue using the CDN networks to ensure the timely delivery of content even when the number of consumers watching live events is higher. Hence, the expanding usage of the CDN solutions by the Media & Entertainment sector would continue to uplift the market growth in foreseen years as well.
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By Region
- The US
- Canada
- Mexico
The North America Content Delivery Network Industry Recent Development:
2023: Akamai Technologies announced that it had acquired the assets, including select content delivery customer contracts from Lumen Technologies, Inc. As part of this, Akamai will extend its offerings and support to Lumen’s customers, looking for an enterprise solution to their content delivery needs.
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