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The European Content Delivery Network (CDN) Market stood at $ 3.6 billion in 2019 and is projected to grow at a CAGR of over 29% to reach $ 16.79 billion by 2025.
The growth of the market is attributed to the increasing number of smart devices, growing internet penetration, rising adoption of CDN by various enterprises and SMEs, and increasing demand for SMAC technologies. Moreover, growing traction of AR and VR applications across gaming, media & entertainment and other sectors would have a positive impact on the region s CDN market during the forecast period.
The European Content Delivery Network (CDN) Market is segmented based on type, service provider, content type, solution, adjacent services, end-user and country. Based on type, the market can be categorized into video CDN and non-video CDN.
Europe Content Delivery Network Market Report 2020-2025 - Growing Traction of AR and VR Applications Across Gaming, Media & Entertainment prnewswire.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from prnewswire.com Daily Mail and Mail on Sunday newspapers.