India Content Delivery Network Market is poised to expand at a CAGR of 7.3% Propelled by Growing Usage of Online Streaming and Cloud Services
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India Content Delivery Network Market |
The India content delivery network (CDN) market comprises
companies that deliver internet content and services to end-users with high
availability and high performance. CDN helps in reducing the load time on
websites and improves the overall user experience while accessing content such
as text, graphics, videos, and others over the internet. The significant
increase in internet users and streaming of online videos are some of the key
factors driving the growth of CDNs in India. There is a huge demand for
seamless online digital content, which is escalating the need for advanced CDNs
that can deliver uninterrupted services.
As per reports, the Indian CDN market is estimated to be
valued at US$ 4412.15 Mn in 2024 and is expected to exhibit a CAGR of 7.3% over the forecast period
2024 to 2031.
Key Takeaways
Key players operating in the India content delivery network are Huhtamaki Oyj,
Conitex Sonoco, Tubettificio Senese S.r.l., A.C.M.I. S.p.A., PTM Packaging Pvt.
Ltd., Sonoco Products Company, Paper Machinery Corporation, Raeed Company,
SUNRISE PAPER INDUSTRY CO., LTD., Fujian Minqing Technology Co.,Ltd, Fulistar
New Material Technology Co., Ltd., Xinhe Paper Cone Making Machinery Co., Ltd.,
Global Sources, Jaiding Paper Products Co., Limited, Ace Paper Products
Company, Dongguan City Leyu Paper Products Co., Ltd., Jiangyin Golden Bridge
Printing & Packaging Machinery Co., Ltd, Shenyang Beizhi Paper Machinery
Co., Ltd., KU Sodalamuthu And Co. Pvt Ltd, National Paper Products.
Some of the key opportunities in the India
Content Delivery Network Market Size include increasing mobile internet
usage and video streaming, growing e-commerce industry and online shopping,
expansion of digitization initiatives by the government. Several global CDN
players are expanding their footprint in India to tap the high-growth
potential. Various initiatives are being taken to boost digital infrastructure
and internet connectivity in rural areas as well.
Market Drivers
Growing Internet Penetration- With rising smartphone usage and availability of
low-cost internet plans, the number of internet users in India has increased
exponentially over the past few years. As per reports, India had over 750
million internet users by 2022 end. This widespread internet penetration has
boosted the demand for CDNs.
Market Restrains
Initial Infrastructure Cost- Setting up a robust CDN network requires
significant investments to establish server storage facilities, networking
equipment and other infrastructure across various geographical locations. This
high initial setup cost can restrain small players from entering the Indian CDN
market.
Segment Analysis
The India Content Delivery Network Market is dominated by the video
streaming sub-segment. This is because with increasing internet penetration and
availability of cheap data plans, the demand for Over-The-Top (OTT) video
streaming platforms like Hotstar, Netflix, Amazon Prime Video etc. has grown
exponentially in India. These platforms rely on high-performing CDNs to deliver
seamless video playback to users across the country with minimum latency and
buffering. Higher video traffic makes video CDNs the largest sub-segment in
this market.
Global Analysis
Regionally, North India dominates the India Content Delivery Network Market
currently. States like Delhi NCR, Haryana, Punjab have seen the fastest growth
in terms of internet infrastructure and broadband penetration over the last few
years. This has boosted the demand for CDN services from platforms operating in
this region. Moreover, availability of international internet cables from
Europe and Middle-East in places like Mumbai have also contributed to Western India
emerging as another major region in this market. The Southern and Eastern parts
of the country are expected to witness higher growth in the forecast period due
to improving connectivity and continued investment by telecom operators and
internet service providers.
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