The India content delivery network (CDN) market comprises companies that deliver internet content and services to end-users with high availability and high performance. CDN helps in reducing the load time on websites and improves the overall user experience while accessing content such as text, graphics, videos, and others over the internet. The significant increase in internet users and streaming of online videos are some of the key factors driving the growth of CDNs in India. There is a huge demand for seamless online digital content, which is escalating the need for advanced CDNs that can deliver uninterrupted services.
As per reports, the Indian CDN market is estimated to be valued at US$ 4412.15 Mn in 2024 and is expected to exhibit a CAGR of 7.3% 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., Xinhe Paper Cone Making Machinery Co., Ltd., Global Sources, Jaiding Paper Products Co., Limited, Ace Paper Products Company, Dongguan City Leyu Paper Products Co., Ltd., Jiangyin Golden Bridge Printing & Packaging Machinery Co., Ltd, Shenyang Beizhi Paper Machinery Co., Ltd., KU Sodalamuthu And Co. Pvt Ltd, National Paper Products.
Some of the key opportunities in the India Content Delivery Network Market Size include increasing mobile internet usage and video streaming, growing e-commerce industry and online shopping, expansion of digitization initiatives by the government. Several global CDN players are expanding their footprint in India to tap the high-growth potential. Various initiatives are being taken to boost digital infrastructure and internet connectivity in rural areas as well.
Market Drivers
Growing Internet Penetration- With rising smartphone usage and availability of low-cost internet plans, the number of internet users in India has increased exponentially over the past few years. As per reports, India had over 750 million internet users by 2022 end. This widespread internet penetration has boosted the demand for CDNs.
Market Restrains
Initial Infrastructure Cost- Setting up a robust CDN network requires significant investments to establish server storage facilities, networking equipment and other infrastructure across various geographical locations. This high initial setup cost can restrain small players from entering the Indian CDN market.
Segment Analysis
The India Content Delivery Network Market is dominated by the video streaming sub-segment. This is because with increasing internet penetration and availability of cheap data plans, the demand for Over-The-Top (OTT) video streaming platforms like Hotstar, Netflix, Amazon Prime Video etc. has grown exponentially in India. These platforms rely on high-performing CDNs to deliver seamless video playback to users across the country with minimum latency and buffering. Higher video traffic makes video CDNs the largest sub-segment in this market.
Global Analysis
Regionally, North India dominates the India Content Delivery Network Market currently. States like Delhi NCR, Haryana, Punjab have seen the fastest growth in terms of internet infrastructure and broadband penetration over the last few years. This has boosted the demand for CDN services from platforms operating in this region. Moreover, availability of international internet cables from Europe and Middle-East in places like Mumbai have also contributed to Western India emerging as another major region in this market. The Southern and Eastern parts of the country are expected to witness higher growth in the forecast period due to improving connectivity and continued investment by telecom operators and internet service providers.
Explore Our More Blogs On India Content Delivery Network Market
Also Read Related Article on Enzyme Linked Immunosorbent Assay Market
COVID-19 Impact Analysis on Content Delivery Network Market report published by Value Market Research provides a detailed market analysis comprising market size, share, value, growth and trends for the period 2020-2027.
Moreover, this market report also covers regional and country markets in detail.The research report also covers the comprehensive profiles of the key players in the market and an in-depth view of the competitive landscape worldwide.
The major players in the content delivery network market include AT Inc., Ericssion, Akamai Technologies, Limelight Netorks, Highwinds Network Group, Inc., CDNetworks, Internap, and PeerApp Level3 Communications.
This section consists of a holistic view of the competitive landscape that includes various strategic developments such as key mergers & acquisitions, future capacities, partnerships, financial overviews, collaborations, new product developments, new product launches, and other developments.Get more information on "Global Content Delivery Network Market Research Report" by requesting FREE Sample Copy at https://www.valuemarketresearch.com/contact/content-delivery-network-market/download-sampleMarket DynamicsThe market is mainly driven by the rising adoption of IoT technology and smart devices across the globe.
These Video-on-demand service providers offer a broad range of movies, web series, and other online content.
However, the high cost of technology, poor connectivity in developing regions, and risk associated with data security are factors that impede the growth of the market.The research report covers Porter’s Five Forces Model, Market Attractiveness Analysis, and Value Chain analysis.
