The global CDN market is expected to more than double by 2030, reaching $23.9 billion, driven in part by expanding presence in services beyond core content delivery and caching, which includes security (network, content, and enterprise) and edge compute.
Current growth drivers in CDN market include direct-to-consumer streaming, hybrid workforces, and migrations to the cloud. The buildup to the metaverse will create additional growth opportunity for CDN providers at the network edge.
“One milestone in the buildup to the metaverse will be the arrival of smart glasses, which will push more user applications and content closer to the edge, fueling growth opportunities for CDN providers,” Michael Inouye, Principal Analyst, Metaverse Markets and Technologies, at ABI Research, said.
