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| India Content Delivery Network Market |
The India Content Delivery Network (CDN) Market is estimated to be valued at US$ 792.5 million in 2023 and is expected to exhibit a CAGR of 13.3% over the forecast period 2023 to 2030, as highlighted in a new report published by Coherent Market Insights.
Market Overview:
A content delivery network or CDN is a system of distributed servers that
deliver webpages and other online content to users based on their geographic
locations. It allows for the fast delivery of internet content by providing
cached content from locations that are closer to the user. Major CDN services
offered include video streaming, web and mobile optimization, cloud security
and load balancing.
Market Dynamics:
Growing adoption of CDNs among small and medium enterprises (SMEs) is one of
the major drivers of this market. Due to limited technical infrastructure and
server capabilities, SMEs deploy CDN solutions to deliver high-quality content
in a cost-effective manner. Rapid growth in online video streaming is another
key factor propelling the demand for CDNs. With increasing smartphone and
internet penetration, video streaming over various OTT platforms has gained
widespread popularity in India leading to heavier demand on content
infrastructure and CDN solutions. CDNs help websites and streaming platforms in
managing rising internet traffic by localizing content delivery and reducing
latency.
SWOT Analysis
Strength: The India content delivery network market has strong domestic
internet infrastructure which enables stable hosting capabilities. Presence of
established local CDN providers offers advanced CDN solutions tailored for the
Indian market. Growing digitalization across industries is increasing the
demand for low latency content delivery.
Weakness: Lack of standardized regulations and policies leads to inconsistent
quality of service. Absence of 5G technology in rural areas restricts last-mile
connectivity. High costs associated with setting up edge data centers poses
challenges for small businesses.
Opportunity: Rapid proliferation of internet-enabled devices and mobile apps
presents an opportunity for cost-effective content distribution. Emerging
technologies like VR/AR and online gaming will further fuel the need for
optimized media delivery. Focus on digital education and e-learning during the
pandemic boosted CDN adoption.
Threats: Cyber threats such as DDoS attacks and data breaches threaten network
security. Stiff competition from global players may challenge domestic CDN
providers. Delays in 5G rollouts can slow down growth in bandwidth-intensive
applications.
Key Takeaways
The India
Content Delivery Network Market Share is expected to witness high growth, exhibiting
CAGR of 13.3% over the forecast period, due to increasing digitization of
businesses and growing internet penetration in India. The market size is
projected to reach US$ 792.5 million by 2023.
Regional analysis: The CDN market in India is dominated by West and South
regions which contribute more than 60% of the overall domestic revenues. This
can be attributed to the strong presence of leading telecom operators, tech
companies and startups based in major cities like Mumbai, Bengaluru, Delhi and
Chennai which drives localized content demand.
Key players: Key players operating in the India content delivery network market
are Tata Communications Ltd., Amazon CloudFront – Amazon.com Inc., Cachefly,
CDNetworks Co., Ltd., CDNify Ltd., CDNsun, CDNvideo, CloudFlare, Inc., EdgeCast
Networks, Fastly, Proinity LLC, Limelight Networks Inc., Skypark CDN, and Level
3 Communication Inc. These players are focusing on partnerships, acquisitions
and infrastructural expansion to gain competitive edge.
Read More,
https://www.newsstatix.com/india-content-delivery-network-market-trends-size-and-share/
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