The global CDN security market is anticipated to be worth US$ 50,731.1 Million by 2033, up from US$ 8,411.5 million in 2023. The market is estimated to increase at a CAGR of 19.9% during the forecast period, owing to:
Due to the enormous increase in the volume of data created by media and entertainment enterprises, dependable CDN security solutions are necessary.
Early adoption of cutting-edge technology, as well as the growing dominance of popular social media and OTT platforms, have all contributed to significant growth in demand for CDN security over the projection period.
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This growth is being driven by the increasing prevalence of connected devices and corporate mobility trends, as well as the need for enterprises to mitigate increased cyber-attacks such as DDoS. Another factor boosting the growth of the content delivery network (CDN) security market over the forecast period is the rise of mobile apps.
News, music, entertainment, and sports applications are used by two-thirds of the global smartphone audience. A CDN handles data delivery for various mobile applications. Customers are targeted by vendors based on the mobile applications they download. Because of the proliferation of mobile applications, OTT providers are looking for CDN security solutions.
The Asia Pacific CDN Security Market Will Exhibit Rapid Growth:
Asia Pacific is expected to account for 39% of the CDN security market. In the APAC content delivery network (CDN) security business, China, Japan, and India hold the lion’s share of the market. The market in this region is expected to grow substantially.
China and India are among the world’s fastest-growing economies in Asia Pacific. The key engine of this increase is the digitization of businesses such as healthcare, retail, and the BFSI industry. As a result of digitalization, SMEs in the region are the primary drivers of economic growth. In India, the SME sector has helped to build manufacturing capabilities, reduce regional imbalances, ensure income distribution, and generate 69% of the country’s jobs.
Although healthcare organizations operate in a variety of ways, all focus on maximizing patient care. Digital healthcare companies are increasingly hosting health records online. Clinicians collect information that necessitates the use of secure content delivery systems to ensure smooth operations, particularly during life-threatening emergencies.
Market Vendor Digest and Competition Insights for CDN Security:
With the rise of mobile engagement and the demand for better digital experience delivery, CDN providers are being forced to broaden their performance-enhancing techniques to address the challenges of dynamic content, mobile, and video, as well as serve as the first line of defense against security threats. Companies are investing heavily in establishing CDN security solutions in response to increased demand for cloud services, which is predicted to rise in the forecast year 2022-2032.
Because of the increased market rivalry, providers are using various growth strategies such as promotional activities and advertising spending to raise the exposure of their services. Certain suppliers are adopting inorganic expansion strategies such as mergers and acquisitions to remain competitive in the business.
CDN security industry actors make extensive use of technology launches, acquisitions, collaborations, and R&D initiatives. The CDN Security industry projection market in 2021 has been split by several companies. Among the top ten CDN security companies are Amazon Web Services, Arbor Networks, Cache Networks, CD Networks, Chinacache, Cloudflare, Distil Networks, Fastly, and Imperva Incapsula.
What Impact Will New Technologies Have On The CDN Security Market?
New technologies such as 4K and Ultra HD have been released, which has increased the popularity of online gaming but does not help with the pre-gaming experience because it slows down game downloads. As a result, the use of CDN security is expected to reduce negative feedback from gamers, as it addresses such issues by leveraging a global network of servers and content caching.
A gamer may continue to play a game even if the download size increases owing to high-quality graphics and other factors. Scalability is provided by CDN security to enable this capability. Furthermore, it is more likely to see an increase in demand due to the growing number of internet customers using smart devices as a result of the global digitization movement.
Leading Key Players:
Leading key players in the CDN security market include Akamai, known for its extensive CDN services and robust security solutions; Nexusguard Inc., specializing in DDoS mitigation; Radware Ltd., offering integrated application and network security; Verizon Digital Media Services, providing comprehensive security for digital content; StackPath LLC, known for edge computing and security; Arbor Networks, focusing on advanced DDoS protection; ChinaCache, a major player in the Chinese market; Distil Networks, experts in bot mitigation; Fastly Inc., offering edge cloud platform security; IBM Corporation, integrating security with cloud services; Tata Communications Limited, providing global cybersecurity solutions; Google LLC, leveraging its vast infrastructure for security; CenturyLink, offering advanced threat intelligence; Deutsche Telekom AG, with a strong presence in European security services; Tencent Cloud, known for robust cloud security in China; AT&T Intellectual Property, providing extensive cybersecurity solutions; and Kingsoft Corporation Ltd., a key player in the Asian market with a focus on cloud and security services.