As per current published report by Markntel Advisors the North America Content Delivery Network Market is estimated to grow at a CAGR of around 14.5% during the forecast period, i.e., 2024-30. A detailed discussion of industry behavior is presented. It will assist companies and other stakeholders in making decisions that assure strong earnings in the upcoming years, and also describes the future trend. In order to assist readers in making defensible choices on market projects, this research will offer a useful summary of the market and its dynamic environment. The growth prospects that will enable the market to extend its operations in current markets will be the main focus of this analysis.
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North America Content Delivery Network Market Driver:
Rising Shift Towards Online Gaming Driving the Market Growth – In recent years, North American nations have witnessed a surge in the admiration of online gaming. Individuals, especially, genZ, are increasingly spending more time playing online games, including multiplayer games. Additionally, the inhabitants in these countries are increasingly live streaming their gameplay online to earn money from online streaming. This rising inclination towards online steaming is resulting in higher traffic networks & higher network latency. Therefore, gaming platforms are increasingly opting for content delivery networks to enhance the latency and provide a smooth & immersive online gaming experience to the end-users. Moreover, several gaming platform companies make regular updates to their games based on the end-users feedback. These upgrades require a low-latency network to ensure the seamless deployment of regular upgrades. Therefore, the major players in the online gaming industry are incorporating content delivery networks, enhancing the North America Content Delivery Network market.
Further, live-streaming of the gameplay on YouTube is also revenue-generating. Therefore, individuals are nowadays increasingly shifting towards live-streaming their gameplay to earn more money. Hence, this transition towards the live streaming of gameplay would continue to enhance the requirement for low latency network solutions, such as Content Delivery Network, amplifying market growth.
The North America Content Delivery Network Market has segmented the market into the following categories:
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-(Market Size & Forecast 2019-2030F, (USD Million), 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.))
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By Region
– The US
– Canada
– Mexico
Competitive Environment Featuring 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
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