Content delivery network (CDN) allows for the fast delivery of online content such as web pages, videos, applications and APIs to end-users by efficiently distributing content closer to users based on their geographical locations. CDNs optimize the delivery of content by caching it at strategically located data centers, which reduces server loading and improves website performance. Some key uses of CDNs include streaming live and on-demand video, distributing software updates, optimizing mobile app content delivery and optimizing API calls across geographical locations.
The global India Content Delivery Network Market is estimated to be valued at US$ 3829.99 Bn in 2023 and is expected to exhibit a CAGR of 7.3% over the forecast period 2023 to 2030, as highlighted in a new report published by Coherent Market Insights.
Market Dynamics
The growing demand for high-speed internet across India coupled with increasing adoption of over-the-top (OTT) applications such as Netflix, Amazon Prime Video and Disney+ Hotstar is expected to drive the growth of the India CDN market over the forecast period. As per estimates, India had over 765 million internet subscribers as of 2021, with rural internet penetration also rising steadily. The growing internet penetration is increasing data consumption in the country through activities like HD video streaming, cloud gaming, online education etc. This rising data usage is propelling telecom operators and content providers to adopt CDNs to improve end-user experience.
In addition, affordable prices of high-speed 4G data plans as well as the rollout of 5G networks are expected to provide further fillip to internet and content consumption in India. 5G is touted to boost experiences like virtual reality, augmented reality and real-time gaming. As a result, the need for low-latency, high-quality content delivery is expected to rise significantly, providing an opportunity for growth of CDN providers in the country.
Segment Analysis
India Content Delivery Network Market is fragmented based on types of solutions. The managed CDN services segment dominates the market owing to benefits such as streamlined management and optimized technical operations provided by managed CDN service providers. The managed CDN services providers cover all technical operations related to CDN infrastructure optimization and maintenance thereby reducing operational cost and complexity for enterprises.
PEST Analysis
Political: The government of India has initiatives like Digital India program to drive digital transformation across sectors which will boost the adoption of CDN solutions.
Economic: Factors like rapid growth of OTT platforms, e-commerce sector will propel the demand for CDN solutions to deliver seamless digital content.
Social: Increasing internet and smartphone penetration along with evolving consumer behavior towards online streaming and shopping is fueling the need for efficient content delivery.
Technological: Emerging technologies like 5G, edge computing and artificial intelligence will enhance the capabilities of CDN solutions and open new application areas.
Key Takeaways
The Global India Content Delivery Network Market Growth is expected to witness high. The global India Content Delivery Network Market is estimated to be valued at US$ 3829.99 Bn in 2023 and is expected to exhibit a CAGR of 7.3% over the forecast period 2023 to 2030.
Regional analysis comprises Regional analysis related content comprises North America dominates the market owing to early adoption of advanced digital technologies and presence of major CDN players in the region.
Key players related content comprises Key players operating in the India Content Delivery Network Market are Huhtamaki Oyj, Conitex Sonoco, Tubettificio Senese S.r.l., A.C.M.I. S.p.A., PT
*Note:
1. Source: Coherent Market Insights, Public sources, Desk research
2. We have leveraged AI tools to mine information and compile it