The global commercial P2P CDN market is anticipated to grow at a significant CAGR during the forecast period (2024-2031). The market growth is majorly attributed to the growing millennials that are primarily driving the traffic over the internet across the globe. This has substantially affected the growth of data traffic, further surging the deployment of commercial P2P CDNs. This demand is majorly driven by the proliferation of media and entertainment and gaming verticals. Adding to this, the growing trends of Video-on-Demand (VoD), podcasts, online audio streaming, and binge watching live web series and shows have surged the adoption of cloud-based services to provide users with uninterrupted access to the content. Moreover, the implementation of P2P CDNs plays a pivotal role during peak hours by subsiding the data traffic.
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Some other prominent factors that are anticipated to push the growth of the market include the upsurge in the trend of digitalization and video CDN among diverse business verticals. Such factors are likely to increase the use of mobile devices for the video streaming solution on a real-time basis. CDN is one of the prevailing mediums for video delivery, thus, the growing video streaming services would boost the growth of the commercial P2P CDN market. In addition, rapid growth in the e-commerce sites and growing demand for 4k content also fuels the growth of the market. Although issues such as technical difficulties in video streaming and network connectivity are expected to hinder the market growth.
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Market Coverage
- Segment Covered-
o By Content Type
o By End-User
o By Industry Vertical
- Regions covered-
o North America
o Europe
o Asia-Pacific
o Rest of the World
- Competitive Landscape: Peer5, Inc., Alibaba Group, and Lumen Technologies (Streamroot Inc.), among others.
Key questions addressed by the report
- What is the market growth rate?
- Which segment and region dominate the market in the base year?
- Which segment and region will project the fastest growth in the market?
- How COVID-19 impacted the market?
o Deviation from the pre-COVID-19 forecast
o Most affected region and segment
- Who is the leader in the market?
- How are players addressing challenges to sustain growth?
- Where is the investment opportunity?
Global Commercial P2P CDN Market Report by Segment
By Component
- Solution
- Services
By Content Type
- Video
- Non-Video
By End-User
- Consumer
- Business
By End-User
- BFSI
- Retail and E-Commerce
- Manufacturing
- Government and Defense
- Energy and Utilities
- IT and Telecom
- Education
- Healthcare
- Others
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