The content delivery network (CDN) security market was valued at USD 19.2 billion in 2022 and it is anticipated to grow up to USD 49.1 billion by 2032, at a CAGR of 9.6% during the forecast period.
By localized caching, CDNs have been utilized to enhance online performance over the past 20 years. Now, CDN providers are being forced to broaden their performance-enhancing techniques to address the challenges of dynamic content, mobile, and video, as well as serving as the first line of defence against security threats, as a result of the growth in mobile engagement and the demands for the delivery of enhanced digital experiences.
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Market Trends and Drivers
The expansion of the worldwide content delivery network (CDN) security market will be fueled by the proliferation of mobile apps. The number of mobile apps has expanded dramatically and is likely to climb more throughout the projection period. Two-thirds of all smartphone users worldwide use apps for social networking in addition to watching news, listening to music, or accessing entertainment or sports content. A CDN is used by these mobile applications to provide data. Depending on the kinds of mobile applications that users download, vendors target specific segments of their audience.
The growth of mobile apps has fueled OTT providers’ desire for CDN security solutions. Because of the prevalence of mobile applications, brands and agencies no longer place a high priority on online content. With the global adoption of smartphones, the consumption of digital material via smartphones is rising quickly. These elements will accelerate market expansion throughout the anticipated term.
Market Restraints and Challenges
Major obstacles to the expansion of the worldwide CDN security industry include system integration and interoperability concerns. The BFSI, communications, transportation, media and entertainment, and public sector organizations are just a few of the industries that are increasingly adopting cutting-edge technology. System integration and interoperability problems result from the use of cutting-edge technology. Many businesses have integration problems while putting CDN security solutions in place. Vendors of CDN security solutions have to offer integrated IT solutions that may be easily included into an organization’s current IT infrastructure.
Technological errors that occur during operations can cost businesses a lot of money and decrease their operational effectiveness. Some of the main problems encountered by CDN security providers include technical challenges, server faults, and other malfunctions brought on by hackers. Vendors must thus carry out several experiments in order to achieve high accuracy before releasing CDN security solutions on the market. Throughout the anticipated period, this aspect is anticipated to impede market expansion.
Content Delivery Network (CDN) Security Market Segmentation
- DNS Protection
- DDoS Protection
- Web Application Firewall
- Bot Mitigation & Screen Scraping Protection
- Data Security
Major Players in the Content Delivery Network (CDN) Security Market
Market players are focusing on strategic collaborations to enhance their product offerings. Some prominent participants in the content delivery network (CDN) security market include Packet Clearing House (US), Akamai Technologies, Inc. (US), Amazon Web Services, Inc. (US), CDNetworks Inc. (US), Cloudflare, Inc. (US), IABM (UK), IBM Corporation (US), Imperva, Inc. (US), Tata Communications (India) and Verizon Partner Solutions (US), among others.
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Reasons to buy Content Delivery Network (CDN) Security Market Report:
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