According to Frost & Sullivan, the global CDN market has reached $14.68 billion in 2022. And it is expected that the market will grow at a 12.41% compound annual growth rate (CAGR) and hit $33.30 billion in 2029.
Frost & Sullivan also points out that CDN providers are no longer just single-service vendors, and CDN providers are evolving into multifaceted hybrid businesses serving a variety of industries.
CDNetworks is honored to be recognized by Frost & Sullivan in its 2023 Radar for Global Content Delivery Network Services as a top CDN provider. This in-depth report highlights CDNetworks’ ongoing commitment to innovation and growth and praises CDNetworks as a company “is quickening the pace of innovation and product development”. Besides, CDNetworks is regarded as a notable player for companies wanting to expand business in the APAC market.
Download this complimentary Frost Radar™ report to learn more about how CDNetworks is recognized as a top CDN provider in the global Content Delivery Network (CDN) market.