GlobeNewswire
2024.04.19 14:04
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Content Delivery Network Market size worth $ 37.45 Billion, Globally, by 2031 at 11.10% CAGR – Report By Verified Market Research®

The global Content Delivery Network Market is projected to grow at a CAGR of 11.10% from 2024 to 2031, reaching a value of $37.45 billion. The market is driven by the increasing demand for high-quality streaming services, rapid expansion of e-commerce platforms, accelerated adoption of cloud services, and geographic dominance of CDN providers. However, challenges such as the cost and complexity of CDN implementation, security concerns, limited internet penetration in emerging markets, and regulatory compliance hinder market growth. Major players in the market include Limelight Networks, AWS, Akamai Technologies, Google, Deutsche Telekom, AT&T, Microsoft, IBM, Quantil, and StackPath.