Asia Pacific Content Delivery Network Market to be Driven by Rapid Transition of Media Organization Towards Digital Distribution Model
Increase in demand for digital content and improved
bounce rate is driving the Asia Pacific content delivery network market in the
forecast period 2024-2028.
According to
TechSci Research report, “Asia Pacific Content Delivery
Network Market - By Region, Competition
Forecast & Opportunities, 2018-2028F”, the Asia Pacific Content Delivery
Network Market is expected to register robust growth during the forecast period
2024-2028. The Asia Pacific Content delivery network market is rising
through the forecast period, owing to the increase in demand for online gaming as
the popularity and adoption of smartphones and tablets have grown. Additionally,
growth in the region is anticipated due to an improved bounce rate and rising
demand for digital content and online streaming & multimedia. The CDN
provides users with real-time content with better performance and higher
service quality. CDN’s are composed of a variety of
hardware variables such as Points of Presence (PoP), storages, and caching
servers. CDN helps businesses deliver better
connectivity and scalability for web publishers, reduced bandwidth consumption,
reduced latency, better response to traffic spikes, outsourced infrastructure
support, enhanced security, greater user satisfaction, improved content
delivery, and speedier e-commerce benefits. Furthermore, the rapid expansion of
E-Commerce industries, increasing preference for CDN Services for dynamic content
needs and increasing development of 5G and edge computing are expected to drive
the growth of Asia Pacific Content Delivery Network in the market.
The COVID-19 pandemic had
caused a significant impact on the economy. In addition, the switch to working
from home created an unexpected challenge for some companies in the industry. However,
not all industries were equally affected. Millions of new players had splashed out
on games and consoles during COVID-19 pandemic. Content delivery network
companies witnessed an increment in growth rates during this challenging time. Technologies
are helping ventures to streamline their processing of both enterprise and governments
for excellent performance across business processes. The Asia Pacific Content
Delivery Network Market is anticipated to benefit from the trend toward remote
work, which has led to an increase in the development of drones, unmanned
aerial vehicle (UAV) and other related technologies.
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The Asia Pacific Content Delivery Network Market is segmented based on
type, service provider, solution, adjacent service, content type, end-user, and
country. Based on type, the market is bifurcated into Video CDN and Non-Video
CDN. Based on service provider, the market is segmented into traditional
content delivery network, cloud service providers, telco content delivery
network & others. Based on solution, the market is segmented into media
delivery, web performance optimization, and cloud security. Based on adjacent
service, the market is categorized into storage services, website & API
management, network optimization services, support & maintenance &
others. Based on content type, the market is segmented into static and dynamic.
The end-user segment is categorized into media & communication, retail &
e-commerce, gaming, BFSI, and others. Based on country, the market is divided
among China, Japan, India, Australia, South Korea, Malaysia, Singapore,
Indonesia, Thailand, and Vietnam.
Based on Solution, cloud security solutions are expected to show
lucrative growth in the market period. These solutions help in protecting data
from thefts and loss, along with reducing attacks that can hamper network
performance. Like this, as more personal data and business-related information
have moved online due to an increase in online risks, people are wanting a safe
online experience. Additionally, cloud security solutions strengthen network
security by blocking fewer complex assaults and streamlining bandwidth usage.
This lessens spam and hack assaults by reducing harmful bots and crawlers as
well as preventing threats. Additionally, cloud security also raises the bar
for data protection by reducing the likelihood of downtime and Distributed
Denial of Service (DDoS) attacks on websites and data centers.
Key market
players in the Asia Pacific Content Delivery Network Market include:
- Amazon Web
Services, Inc.
- Akamai Technologies
Inc.
- Wangsu Science
& Technology Co. Ltd
- CenturyLink
Technology Singapore Pte. Ltd.
- Verizon
Communication Inc.
- Limelight Networks,
Inc.
- CDNetworks Co Ltd.
- Internap Japan Co.
Ltd
- Cloudflare Inc.
- Tata Communication
Ltd.
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“Ongoing advancements in digital content and online
streaming with multiple OTT platform approaches that will lead to a breakdown
of barriers between providers, are factors boosting the Asia Pacific Content
Delivery Network Market in the forecast period. The rising investment in the
deployment of 5G infrastructure and internet architectures in emerging areas
such as machine-to-machine communication and Internet of Things (IoT) across Asia
Pacific, are driving revenue growth of the content delivery market in Asia
Pacific. Moreover, supportive government policies for content delivery network
services all over the region with growing focus on improving dynamics of
website, reducing latency, and mitigating cyber threats has also been
positively influencing the market with a continuous urge for launching new
service plans in the upcoming years.” said Mr. Karan Chechi, Research Director
with TechSci Research, a research based global management consulting firm.
Asia Pacific Content Delivery Network Market By Type (Video
CDN and Non-Video CDN), By Service Provider (Traditional Content Delivery
Network, Cloud Service Providers, Telco Content Delivery Network & Others), By
Solution (Media Delivery, Web Performance Optimization and Cloud Security), By
Adjacent Service (Storage Services, Website & API Management, Network
Optimization Services, Support & Maintenance & Others), By Content Type (Static Vs Dynamic), By End
User (Media & Communication, Retail & E-Commerce, Gaming, BFSI and
Others), By Region, Competition, Forecast & Opportunities, 2028F has assessed the Asia Pacific
Content Delivery Network market's future development potential and provides
data and information on market size, structure, and projected market growth.
The report's goal is to give current market knowledge and assist decision
makers in making informed investment decisions. Furthermore, the study
identifies and analyses emerging trends, as well as key drivers, constraints,
and opportunities in the Asia Pacific Content delivery network market.
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