India Content Delivery Network Market is Estimated to Witness High Growth Owing to Advent of Edge Computing Technology
A content delivery network or CDN helps to enhance the delivery of web content such as videos, documents, and images across geographically dispersed geographic locations. It improves speed and accessibility and reduces loading time. With rising internet penetration and increasing demand for bandwidth-intensive content like videos, online learning portals, and gaming, the need for a robust and scalable CDN solution has increased. Edge computing brings application workloads closer to end-users to deliver ultra-low latency. The integration of edge computing with CDNs is expected to drastically improve user experience by serving content from distributed edge locations.
India Content Delivery Network Market is estimated to be valued at US$ 828.5 Mn in 2024 and is expected to exhibit a CAGR of 13.5% over the forecast period 2024 to 2031
Key Takeaways
Key players operating in the India Content Delivery Network are Huhtamaki Oyj, Conitex Sonoco, Tubettificio Senese S.r.l., A.C.M.I. S.p.A., PTM Packaging Pvt. Ltd., Sonoco Products Company, Paper Machinery Corporation, Raeed Company, SUNRISE PAPER INDUSTRY CO., LTD., Fujian Minqing Technology Co.,Ltd, Fulistar New Material Technology Co., Ltd.
The growing demand for over-the-top media services and increasing investment in edge computing infrastructure is anticipated to create lucrative opportunities for market players in the coming years.
Advent of emerging technologies like 4G/5G networks, artificial intelligence, Internet of Things is expected to transform the India CDN market landscape by enabling ultra-low latency content delivery.
Market drivers
The proliferation of smart devices such as smartphones, tablets, and smart TVs has boosted the consumption of streaming media. According to a report, the number of smartphone users in India is projected to reach 859 million by 2022. This increasing smartphone penetration is driving the uptake of videos, gaming, and other bandwidth-intensive content, thus fueling the demand for efficient CDN services.
Challenges in India Content Delivery Network Market:The India Content Delivery Network Market Growth faces challenges in terms of high cost of infrastructure deployment, lack of adequate internet penetration in rural areas, insufficient domestic content to fulfill rising demand, and cyber threats. As the network grows rapidly to reach remote areas, heavy investments are needed in setting up edge nodes, data centers and fiber networks across the country which drives up costs. While internet usage is improving, a large section of rural India still lacks adequate connectivity which limits the reach of CDNs. India also generates relatively less domestic digital content compared to global markets. Further, cyber attacks pose risks to user privacy and network security.
SWOT Analysis
Strength: Low bandwidth consumption and fast content delivery are key strengths. India Content Delivery Network Market Size and Trends reduce network traffic and improve performance.
Weakness: Initial setup costs are high until sufficient scale is achieved. Infrastructure upgradation needs continuous investments.
Opportunity: Growth in online streaming, gaming, ecommerce presents huge potential. Expanding internet in Bharat creates new opportunities.
Threats: Security threats from hackers pose risks. Dependence on few global technology majors is also a concern.
Geographical Regions: Currently, major cities and urban centers account for over 65% of overall value contribution in India CDN market led by adoption of digital services in metros such as Delhi, Mumbai, Bengaluru and Chennai.
Fastest Growing Region: The western region of India comprising states like Gujarat, Maharashtra and Rajasthan is emerging as the fastest growing regional market. Internet penetration is rising rapidly here driven by economic growth. Cities like Ahmedabad, Surat and Pune are seeing heavy demand for CDN services from expanding businesses.
Get More Insights: India Content Delivery Network Market
For More Insights Discover the Report In language that Resonates with you
About Author:
Ravina Pandya, Content Writer, has a strong foothold in the market research industry. She specializes in writing well-researched articles from different industries, including food and beverages, information and technology, healthcare, chemical and materials, etc. (https://www.linkedin.com/in/ravina-pandya-1a3984191)
- Industry
- Art
- Causes
- Crafts
- Dance
- Drinks
- Film
- Fitness
- Food
- Games
- Gardening
- Health
- Home
- Literature
- Music
- Networking
- Other
- Party
- Religion
- Shopping
- Sports
- Theater
- Wellness
- News