India Content Delivery Network Market predicted to increase at a CAGR of 23.3 percent over the next five years (2019-2027).
Overview of the Market
A content delivery network (CDN) is a globally distributed network of proxy servers and data centres that collaborate to deliver Internet content quickly.
A CDN serves as the backbone of the Internet, providing for the speedy distribution of materials such as JavaScript files, images, HTML pages, stylesheets, and videos that are required for loading Internet content. In recent years, the content delivery network (CDN) has gained in popularity, and CDNs currently deliver the majority of web traffic, including traffic from major websites such as Amazon, Facebook, and Netflix. Furthermore, a well-designed CDN can help protect websites from some of the most common damaging attacks.
The India content delivery network market was valued US$ 435.2 million in 2018, and it is expected to grow at a 23.3 percent CAGR over the following five years (2019-2027).
Restriction on the Market
The high initial investment required for CDN is estimated to hamper the growth of the India content delivery network (CDN) market over the forecast period.
Setting up a new content distribution network requires a significant upfront investment with minimal revenue potential. As a result, new businesses entering the market with high-quality services at competitive prices have a tremendous challenge.
Concerns regarding privacy settings are expected to hinder the India content delivery network (CDN) market throughout the forecast period.
Even though the CDN protects the website from malicious attacks, there are still weaknesses that could create major problems. The researchers, Hoai Viet Nguyen, Luigi Lo Iacono, and Hannes Federrath, uncovered a way to force CDN to display error pages even while the origin website is up and operating. The CDN is tricked into caching an error page in the CPDoS attack. As a result, market growth is expected to be stifled in the near future due to comparable issues.
Market Opportunities
As demand for cloud-enabled CDN rises, market participants can expect tremendous growth opportunities.
Using Google's globally scattered edge points of presence, Cloud CDN caches HTTP(S) load balanced material close to users. As a result, users will receive their material faster and at a lesser cost. It also decreases server load, simplifies audience segmentation, and lowers network latency and packet loss. Such advantages are expected to generate profitable growth chances for key businesses in the near future.
The expanding number of people who use the internet is going to present significant opportunities for major corporations.
According to the International Consortium of Universities for the Study of Biodiversity and the Environment (iCUBE) report 2018, India's internet users would reach 627 million in 2019. Because of the rapid growth of the internet in rural areas, this is the case. India has been regarded by many e-commerce companies as a viable growth market. As a result, market participants might anticipate significant growth.
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