The demand for a content delivery network in Korea is anticipated to exhibit a promising CAGR of 6.7% through 2034. Content delivery network (CDN) sales are expected to grow considerably, from US$ 955.3 million in 2024 to around US$ 1,820.4 million by 2034.
Attributes | Key Statistics |
---|---|
Expected Base Year Value (2024) | US$ 955.3 million |
Anticipated Forecast Value (2034) | US$ 1,820.4 million |
Estimated Growth (2024 to 2034) | 6.7 % CAGR |
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Rapid Growth in Online Content Consumption Drives the CDN Industry Growth in Korea
Korea is technologically one of the most advanced countries in the world. In the last few years, the demand for online content, including streaming services, gaming, and eCommerce, has grown substantially in Korea. The young population in Korea relies heavily on digital platforms for entertainment, information, and shopping. This has increased the demand for efficient content delivery, driving the expansion of CDN services.
Apart from this, internet services have penetrated every nook and corner of the Korean region. The availability of high-speed internet in the hands of the general Korean population has also been one of the significant drivers for the expansion of this industry. The demand for CDN services is also soaring due to the rise of video streaming services in Korea.
On the basis of application, media distribution/delivery dominates the Korea content delivery network industry, with a whopping share of 24.40%. Not only this, CDN also provide scalability to handle sudden spikes in demand during media events, such as live streaming of sports events, concerts, or popular TV shows.
Attributes | Details |
---|---|
Application | Media Distribution/Delivery |
Value Share in 2024 | 24.40% |
For decades, the media distribution industry has been looking for an efficient way to distribute content in large quantities. CDN deploy servers in multiple locations worldwide, significantly reducing latency and improving load times. This is crucial for media distribution, especially in streaming services, where delays can result in buffering and a poor user experience. Their demand in the media distribution and delivery industry is also rising because of their capability to provide effective analytics tools to monitor the performance of media distribution.
Based on the vertical, media and entertainment industries dominate the Korea CDN industry, holding a share of 15.50%. CDN are in high demand in Korea because they enhance user experience by preventing buffering, reducing load times, and ensuring smooth content delivery.
Attributes | Details |
---|---|
Vertical | Media and Entertainment |
Value Share in 2024 | 15.50% |
The demand for CDN in the Korean media and entertainment world is high, enabling companies to deliver content globally. Video streaming is a dominant form of media consumption, and CDN are instrumental in optimizing the delivery of video content.
The competitive landscape of the content delivery network industry in Korea is filled with numerous players, such as Akamai, Amazon CloudFront, Alibaba Cloud CDN, etc. These companies provide content delivery services not only to local consumers but also to international consumers. The sustenance of small and new enterprises in this cutthroat competition is very difficult. In this scenario, players have to keep up with new technological innovations and evolving consumer demands to stay relevant in the industry.
Recent Developments in the Content Delivery Network Industry in Korea:
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Attribute | Details |
---|---|
Estimated Valuation (2024) | US$ 955.3 million |
Projected Valuation (2034) | US$ 1,820.4 million |
Anticipated CAGR (2024 to 2034) | 6.7% CAGR |
Historical Analysis of the Content Delivery Network in Korea | 2018 to 2022 |
Demand Forecast for the Content Delivery Network in Korea | 2024 to 2034 |
Quantitative Units | Revenue in US$ million and CAGR from 2024 to 2034 |
Report Coverage | Revenue Forecast, Company Ranking, Competitive Landscape, Growth Factors, Trends and Pricing Analysis |
Key Companies Profiled | Akamai; Amazon CloudFront; Amazon S3; Alibaba Cloud CDN; Cloudflare; Fastly; Google Cloud CDN; Limelight Networks; Microsoft Azure CDN; Oracle Cloud Infrastructure CDN; StackPath; Verizon Cloud CDN |
The anticipated CAGR for the content delivery network industry in Korea through 2034 is 6.7%.
The content delivery network industry in Korea is likely to reach US$ 1,820.4 million by 2034.
In Korea, CDN services are consumed primarily in the media and entertainment vertical.
In Korea, the media distribution and delivery is the leading consumer of CDN services.
1. Executive Summary 1.1. Market Outlook 1.2. Demand-side Trends 1.3. Supply-side Trends 1.4. Technology Roadmap Analysis 1.5. Analysis and Recommendations 2. Market Overview 2.1. Market Coverage / Taxonomy 2.2. Market Definition / Scope / Limitations 3. Market Background 3.1. Market Dynamics 3.1.1. Drivers 3.1.2. Restraints 3.1.3. Opportunity 3.1.4. Trends 3.2. Scenario Forecast 3.2.1. Demand in Optimistic Scenario 3.2.2. Demand in Likely Scenario 3.2.3. Demand in Conservative Scenario 3.3. Opportunity Map Analysis 3.4. Investment Feasibility Matrix 3.5. PESTLE and Porter’s Analysis 3.6. Regulatory Landscape 3.6.1. By Key Regions 3.7. Regional Parent Market Outlook 4. Industry Analysis and Outlook 2019 to 2023 and Forecast, 2024 to 2034 4.1. Historical Market Size Value (US$ Million) Analysis, 2019 to 2023 4.2. Current and Future Market Size Value (US$ Million) Projections, 2024 to 2034 4.2.1. Y-o-Y Growth Trend Analysis 4.2.2. Absolute $ Opportunity Analysis 5. Industry Analysis and Outlook 2019 to 2023 and Forecast 2024 to 2034, By Service 5.1. Introduction / Key Findings 5.2. Historical Market Size Value (US$ Million) Analysis By Service, 2019 to 2023 5.3. Current and Future Market Size Value (US$ Million) Analysis and Forecast By Service, 2024 to 2034 5.3.1. Designing, Testing, and Deployment 5.3.2. Software-as-a-Service 5.3.2.1. Bundled Suites 5.3.2.2. Individual Modules 5.4. Y-o-Y Growth Trend Analysis By Service, 2019 to 2023 5.5. Absolute $ Opportunity Analysis By Service, 2024 to 2034 6. Industry Analysis and Outlook 2019 to 2023 and Forecast 2024 to 2034, By Application 6.1. Introduction / Key Findings 6.2. Historical Market Size Value (US$ Million) Analysis By Application, 2019 to 2023 6.3. Current and Future Market Size Value (US$ Million) Analysis and Forecast By Application, 2024 to 2034 6.3.1. Media Distribution/Delivery 6.3.2. Software Distribution/Delivery 6.3.3. Website Caching 6.3.4. Others 6.4. Y-o-Y Growth Trend Analysis By Application, 2019 to 2023 6.5. Absolute $ Opportunity Analysis By Application, 2024 to 2034 7. Industry Analysis and Outlook 2019 to 2023 and Forecast 2024 to 2034, By Vertical 7.1. Introduction / Key Findings 7.2. Historical Market Size Value (US$ Million) Analysis By Vertical, 2019 to 2023 7.3. Current and Future Market Size Value (US$ Million) Analysis and Forecast By Vertical, 2024 to 2034 7.3.1. Media & Entertainment 7.3.2. e-Commerce 7.3.3. IT & Telecom 7.3.4. Healthcare 7.3.5. Government 7.3.6. Advertisement 7.3.7. Others 7.4. Y-o-Y Growth Trend Analysis By Vertical, 2019 to 2023 7.5. Absolute $ Opportunity Analysis By Vertical, 2024 to 2034 8. Industry Analysis and Outlook 2019 to 2023 and Forecast 2024 to 2034, By Service Provider 8.1. Introduction / Key Findings 8.2. Historical Market Size Value (US$ Million) Analysis By Service Provider, 2019 to 2023 8.3. Current and Future Market Size Value (US$ Million) Analysis and Forecast By Service Provider, 2024 to 2034 8.3.1. Telecom CDNs 8.3.2. Conventional CDNs 8.3.3. Others 8.4. Y-o-Y Growth Trend Analysis By Service Provider, 2019 to 2023 8.5. Absolute $ Opportunity Analysis By Service Provider, 2024 to 2034 9. Industry Analysis and Outlook 2019 to 2023 and Forecast 2024 to 2034, By Region 9.1. Introduction 9.2. Historical Market Size Value (US$ Million) Analysis By Region, 2019 to 2023 9.3. Current Market Size Value (US$ Million) Analysis and Forecast By Region, 2024 to 2034 9.3.1. South Gyeongsang 9.3.2. North Jeolla 9.3.3. South Jeolla 9.3.4. Jeju 9.3.5. Rest of Korea 9.4. Market Attractiveness Analysis By Region 10. South Gyeongsang Industry Analysis and Outlook 2019 to 2023 and Forecast 2024 to 2034 10.1. Historical Market Size Value (US$ Million) Trend Analysis By Market Taxonomy, 2019 to 2023 10.2. Market Size Value (US$ Million) Forecast By Market Taxonomy, 2024 to 2034 10.2.1. By Service 10.2.2. By Application 10.2.3. By Vertical 10.2.4. By Service Provider 10.3. Market Attractiveness Analysis 10.3.1. By Service 10.3.2. By Application 10.3.3. By Vertical 10.3.4. By Service Provider 10.4. Key Takeaways 11. North Jeolla Industry Analysis and Outlook 2019 to 2023 and Forecast 2024 to 2034 11.1. Historical Market Size Value (US$ Million) Trend Analysis By Market Taxonomy, 2019 to 2023 11.2. Market Size Value (US$ Million) Forecast By Market Taxonomy, 2024 to 2034 11.2.1. By Service 11.2.2. By Application 11.2.3. By Vertical 11.2.4. By Service Provider 11.3. Market Attractiveness Analysis 11.3.1. By Service 11.3.2. By Application 11.3.3. By Vertical 11.3.4. By Service Provider 11.4. Key Takeaways 12. South Jeolla Industry Analysis and Outlook 2019 to 2023 and Forecast 2024 to 2034 12.1. Historical Market Size Value (US$ Million) Trend Analysis By Market Taxonomy, 2019 to 2023 12.2. Market Size Value (US$ Million) Forecast By Market Taxonomy, 2024 to 2034 12.2.1. By Service 12.2.2. By Application 12.2.3. By Vertical 12.2.4. By Service Provider 12.3. Market Attractiveness Analysis 12.3.1. By Service 12.3.2. By Application 12.3.3. By Vertical 12.3.4. By Service Provider 12.4. Key Takeaways 13. Jeju Industry Analysis and Outlook 2019 to 2023 and Forecast 2024 to 2034 13.1. Historical Market Size Value (US$ Million) Trend Analysis By Market Taxonomy, 2019 to 2023 13.2. Market Size Value (US$ Million) Forecast By Market Taxonomy, 2024 to 2034 13.2.1. By Service 13.2.2. By Application 13.2.3. By Vertical 13.2.4. By Service Provider 13.3. Market Attractiveness Analysis 13.3.1. By Service 13.3.2. By Application 13.3.3. By Vertical 13.3.4. By Service Provider 13.4. Key Takeaways 14. Rest of Industry Analysis and Outlook 2019 to 2023 and Forecast 2024 to 2034 14.1. Historical Market Size Value (US$ Million) Trend Analysis By Market Taxonomy, 2019 to 2023 14.2. Market Size Value (US$ Million) Forecast By Market Taxonomy, 2024 to 2034 14.2.1. By Service 14.2.2. By Application 14.2.3. By Vertical 14.2.4. By Service Provider 14.3. Market Attractiveness Analysis 14.3.1. By Service 14.3.2. By Application 14.3.3. By Vertical 14.3.4. By Service Provider 14.4. Key Takeaways 15. Market Structure Analysis 15.1. Competition Dashboard 15.2. Competition Benchmarking 15.3. Market Share Analysis of Top Players 15.3.1. By Regional 15.3.2. By Service 15.3.3. By Application 15.3.4. By Vertical 15.3.5. By Service Provider 16. Competition Analysis 16.1. Competition Deep Dive 16.1.1. Bunny CDN 16.1.1.1. Overview 16.1.1.2. Product Portfolio 16.1.1.3. Profitability by Market Segments 16.1.1.4. Sales Footprint 16.1.1.5. Strategy Overview 16.1.1.5.1. Marketing Strategy 16.1.2. CacheFly 16.1.2.1. Overview 16.1.2.2. Product Portfolio 16.1.2.3. Profitability by Market Segments 16.1.2.4. Sales Footprint 16.1.2.5. Strategy Overview 16.1.2.5.1. Marketing Strategy 16.1.3. Limelight Networks Inc. 16.1.3.1. Overview 16.1.3.2. Product Portfolio 16.1.3.3. Profitability by Market Segments 16.1.3.4. Sales Footprint 16.1.3.5. Strategy Overview 16.1.3.5.1. Marketing Strategy 16.1.4. CDNetworks Co. Ltd. 16.1.4.1. Overview 16.1.4.2. Product Portfolio 16.1.4.3. Profitability by Market Segments 16.1.4.4. Sales Footprint 16.1.4.5. Strategy Overview 16.1.4.5.1. Marketing Strategy 16.1.5. Orange S.A. 16.1.5.1. Overview 16.1.5.2. Product Portfolio 16.1.5.3. Profitability by Market Segments 16.1.5.4. Sales Footprint 16.1.5.5. Strategy Overview 16.1.5.5.1. Marketing Strategy 16.1.6. AT&T 16.1.6.1. Overview 16.1.6.2. Product Portfolio 16.1.6.3. Profitability by Market Segments 16.1.6.4. Sales Footprint 16.1.6.5. Strategy Overview 16.1.6.5.1. Marketing Strategy 16.1.7. Deutsche Telekom AG 16.1.7.1. Overview 16.1.7.2. Product Portfolio 16.1.7.3. Profitability by Market Segments 16.1.7.4. Sales Footprint 16.1.7.5. Strategy Overview 16.1.7.5.1. Marketing Strategy 16.1.8. StackPath LLC 16.1.8.1. Overview 16.1.8.2. Product Portfolio 16.1.8.3. Profitability by Market Segments 16.1.8.4. Sales Footprint 16.1.8.5. Strategy Overview 16.1.8.5.1. Marketing Strategy 16.1.9. Microsoft Corporation 16.1.9.1. Overview 16.1.9.2. Product Portfolio 16.1.9.3. Profitability by Market Segments 16.1.9.4. Sales Footprint 16.1.9.5. Strategy Overview 16.1.9.5.1. Marketing Strategy 16.1.10. CenturyLink 16.1.10.1. Overview 16.1.10.2. Product Portfolio 16.1.10.3. Profitability by Market Segments 16.1.10.4. Sales Footprint 16.1.10.5. Strategy Overview 16.1.10.5.1. Marketing Strategy 17. Assumptions & Acronyms Used 18. Research Methodology
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