Europe Content Delivery Network Market to Cross $ 10 Billion Mark by 2023

Increasing demand for media rich web content, growing smart devices and internet penetration, and surging adoption of IoT and connected devices to fuel Europe content delivery network market through 2023 According to TechSci Research report, “Europe Content Delivery Network Market By Type, By Service Provider, By Solution, By Adjacent Service, By End User, By Country, Competition Forecast & Opportunities, 2013 – 2023’’, content delivery network (CDN) market in Europe is forecast to grow to $ 10 billion by 2023. Rising smart device and internet penetration rate coupled with a 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 would to fuel Europe CDN market during the forecast period. 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. Cloud security CDN solution is expected to register the fastest growth rate in the market, backed by rising number of cyberthreats, growing data on the internet network and capability of CDN to help with mitigating cyberattacks on the origin server. “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 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 Solution, By Adjacent Service, By End User, By Country, Competition Forecast & Opportunities, 2013 – 2023” 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. Contact Mr. Ken Mathews 708 Third Avenue, Manhattan, NY, New York – 10017 Tel: +1-646-360-1656 Email: [email protected]