Europe Content Delivery Network Market Report 2020-2025 - Growing Traction of AR and VR Applications Across Gaming, Media & Entertainment
DUBLIN, May 17, 2021 /PRNewswire/ -- The "Europe Content Delivery Network Market by Type (Video CDN Vs. Non-Video CDN), by Service Provider, by Content Type, by Solution, by Adjacent Service, by End User, by Country, Competition Forecast & Opportunities, 2025" report has been added to ResearchAndMarkets.com's offering.
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.
Video CDN segment dominated the market in 2019 and is expected to maintain its dominance throughout the forecast period owing to the increase in penetration of video streaming services such as Netflix, Amazon Prime, etc., coupled with the growing availability of video content across various social media sites and availability of high-quality videos.
Years considered for this report:
Key Topics Covered:
For more information about this report visit https://www.researchandmarkets.com/r/o8jnw0
Research and Markets
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