Overview and Scope
The commercial P2P CDN refers to a low-cost, high-quality content delivery network service constructed for taking an advantage of the huge fragmentation of resources in edge networks. P2P CDN technology enables the delivery of high-quality services while requiring minimal bandwidth. It connects devices that can cache and share video, content, and data because they are streaming the same content at the same time.
Sizing and Forecast
The commercial p2p cdn market size has grown rapidly in recent years. It will grow from $3.49 billion in 2023 to $3.88 billion in 2024 at a compound annual growth rate (CAGR) of 11.1%. The growth in the historic period can be attributed to growth in online video streaming, increased demand for content delivery speed, proliferation of high-quality digital content, expansion of e-commerce and online retail, adoption of content delivery networks (cdn) for website optimization.
The commercial p2p cdn market size is expected to see rapid growth in the next few years. It will grow to $6.54 billion in 2028 at a compound annual growth rate (CAGR) of 13.9%. The growth in the forecast period can be attributed to increasing integration of artificial intelligence in p2p cdn, growth in live video streaming services, increased adoption by small and medium enterprises (smes), expansion of augmented reality (ar) and virtual reality (vr) content, emphasis on edge computing for content delivery. Major trends in the forecast period include decentralized and blockchain-based p2p cdn solutions, integration with cloud-based cdn services, focus on low-latency content delivery, collaboration between p2p cdn providers and internet service providers (isps), adoption of p2p cdn for software distribution and updates.
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Segmentation & Regional Insights
The commercial p2p cdn market covered in this report is segmented –
1) By Component: Solution, Services
2) By Type: Video, Non Video
3) By End-User: BFSI, Retail And E-Commerce, Manufacturing, Government And Defense, Energy And Utilities, IT And Telecom, Education And Healthcare
North America was the largest region in the commercial P2P CDN market in 2023. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the commercial p2p cdn market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
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Major Driver Impacting Market Growth
The increased usage of the internet and smart devices is significantly contributing to the growth of the commercial P2P CDN market. The use of the internet is expanding to create new business practices and customer experiences to meet shifting company and market needs. The demand for smartphones is increasing due to growing internet penetration, rising income levels, rising subscriptions to social media, improved communication needs, and others. During the COVID-19 pandemic, smartphones and internet use dramatically increased due to long quarantine periods and work-from-home scenarios. This increase in smartphones and the internet has contributed to the rise in commercial P2P CDN market use due to its user experience and enhanced network efficiency. For instance, according to a report by the International Telecommunication Union (ITU), a United Nations specialized agency for matters related to information and communication technologies, during the COVID-19 pandemic, the number of internet users increased from 4.1 billion in 2019 to 4.9 billion in 2021. Furthermore, according to the survey of smartphone ownership commissioned by a nonpartisan American think tank, the Pew Research Center, the share of Americans that own a smartphone increased from 81% in February 2019 to 85% in February 2021, which was just 35% a decade ago (in 2011). Moreover, according to the World Economic Forum, digital transformation will add $100 trillion to the global economy by 2025. Therefore, increasing internet usage and smart devices will drive the commercial P2P CDN market growth.
Key Industry Players
Major companies operating in the commercial p2p cdn market report are Streamroot Inc., Peer5 Inc., Akamai Technologies Inc, Alibaba Group Holding Ltd., Enghouse Systems Ltd., Broadpeak, Cedexis Inc., Dailymotion, Fastly Inc., Instart Logic Inc., Interoute Communications Ltd., Kaltura Inc., Edgio Inc., Livepeer Inc., MediaMelon Inc., Microsoft Azure, NTT Communications Corporation., Ramp Holdings Inc., RealNetworks LLC., Swarmify, Telestream Inc., Tulix Systems, Varnish Software AB, Wowza Media Systems LLC., Airtel Digital Ltd.
The commercial p2p cdn market report table of contents includes:
1. Executive Summary
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List Of Tables :
Table 1: Global Historic Market Growth, 2018-2023, $ Billion
Table 2: Global Forecast Market Growth, 2023-2028F, 2033F, $ Billion
Table 3: Global Commercial P2P CDN Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Table 4: Global Commercial P2P CDN Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Table 5: Global Commercial P2P CDN Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
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Table 74: Streamroot Inc. Financial Performance
Table 75: Peer5 Inc. Financial Performance
Table 76: Akamai Technologies Inc Financial Performance
Table 77: Alibaba Group Holding Ltd. Financial Performance
Table 78: Enghouse Systems Ltd. Financial Performance
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