How big is the Cloud CDN Market?

The Cloud CDN Market size is expected to reach USD 10.95 billion in 2024 and grow at a CAGR of 24.27% to reach USD 32.43 billion by 2029. Read More

What is the current Cloud CDN Market size?

In 2024, the Cloud CDN Market size is expected to reach USD 10.95 billion. Read More

Who are the key players in Cloud CDN Market?

Akamai Technologies, Inc., Google, Inc., Amazon Web Services, Inc., Cloudflare, Inc. and Alibaba Group Holding Limited are the major companies operating in the Cloud CDN Market. Read More

Which is the fastest growing region in Cloud CDN Market?

Asia Pacific is estimated to grow at the highest CAGR over the forecast period (2024-2029). Read More

Which region has the biggest share in Cloud CDN Market?

In 2024, the North America accounts for the largest market share in Cloud CDN Market. Read More

What years does this Cloud CDN Market cover, and what was the market size in 2023?

In 2023, the Cloud CDN Market size was estimated at USD 8.81 billion. The report covers the Cloud CDN Market historical market size for years: 2019, 2020, 2021, 2022 and 2023. The report also forecasts the Cloud CDN Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029. Read More

Cloud CDN Market Trends

Statistics for the 2023 & 2024 Cloud CDN market trends, created by Mordor Intelligence™ Industry Reports. Cloud CDN trend report includes a market forecast to 2029 and historical overview. Get a sample of this industry trends analysis as a free report PDF download.

Market Trends of Cloud CDN Industry

E-Commerce Segment is Expected to Hold the Significant Share

The e-commerce segment highly depends on content delivery to its end customers. The speeds at which the content is delivered and the user experience, amongst others, are some of the important factors contributing to the growth of an E-commerce segment. It makes it imperative for them to go for solutions like Cloud CDN, thereby boosting the market over the forecast period.
Some prominent players in the market, such as SalesForce, enable digital customers with Salesforce Commerce Cloud, an embedded content delivery network (eCDN). It allows them to increase site speed access and content delivery, allowing the end user a reliable and secure online shopping experience.
The increasing dependence of the end customers on online shopping increased retail e-commerce sales. It is thereby making it imperative for the retail e-commerce providers to further enhance the user experience, subsequently fueling the growth of the Cloud CDN over the forecast period.
During festive seasons or occasions, e-commerce players witness large website traffic. Therefore, catering to such traffic is of prime importance for the providers to ensure that the content on their site is delivered to the traffic immediately without any delay. Therefore, a Cloud CDN becomes a viable option for these players to cater to such needs, fueling the market's growth over the forecast period.

Cloud CDN Market: Conversion rate of online shoppers worldwide as of 2nd quarter 2022, by region and device, in %

Understand The Key Trends Shaping This Market

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North America is Expected to Hold the Largest Share

North America includes the highest internet penetration rate, which is expected to fuel the growth of the Cloud CDN market over the forecast period. It is also possible due to some major regional players, enabling it to maintain its dominance throughout the forecast period.
The shift of trend from traditional retail shopping to online E-commerce website sales made it of prime importance for E-commerce providers. It is to enhance their user experience through faster content delivery, hassle-free interaction with the website, and many more. It is expected to boost market growth over the forecast period.
The increase in viewing online media content in the region is also one of the factors contributing to the growth of the Cloud CDN market throughout the forecast period.
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