Blockchain Press Releases
Content Delivery Network Market worth $36.5 billion by 2028 – Exclusive Report by MarketsandMarkets™
CHICAGO, July 20, 2023 /PRNewswire/ — With the rising demand for effective content delivery brought on by increased internet traffic, video streaming, edge computing, mobile connection, and cloud services, the future of the content delivery network (CDN) business is bright. CDNs will prioritise improving security, utilising AI/ML technologies, and delivering seamless user experiences across devices and networks.
The Content Delivery Network Market is projected to grow from USD 21.7 billion in 2023 to USD 36.5 billion by 2028, at a CAGR of 10.9% during the forecast period, according to a new report by MarketsandMarkets™. The proliferation of smartphones and the reliance on mobile devices for internet access create a need for CDN services that optimize content delivery for seamless mobile experiences.
Browse in-depth TOC on “Content Delivery Network Market“
250 – Tables
50 – Figures
300 – Pages
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Scope of the Report
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Report Metrics |
Details |
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Market size available for years |
2017-2028 |
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Base year considered |
2022 |
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Forecast period |
2023–2028 |
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Forecast units |
Value (USD) Million/Billion |
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Segments covered |
By Offering, functionality, content type, provider type, application area, and regions |
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Region covered |
North America, Europe, Asia Pacific, Middle East and Africa, and Latin America |
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Companies covered |
Akamai Technologies (US), Microsoft (US), IBM (US), Edgio (US), Google (US), AWS (US), AT&T (US), Cloudflare (US), Lumen Technologies (US), Deutsche Telekom (Germany), Fastly (US), Citrix systems (US), NTT Communications (Japan), Comcast Technologies (US), Rackspace Technology (US) and many more. |
Based on application area, the Media delivery segment to hold the largest market size during the forecast period.
Media delivery involves the efficient distribution of rich media files like audio streaming, live videos, and video streaming. It focuses on reducing latency and ensuring a high-quality user experience, particularly for online media streaming. CDN companies offer solutions that enable faster and scalable delivery of HD videos, OTT content, games, social media platforms, and software updates. As the number of portable devices increases, CDN solutions help deliver digital content in various formats tailored to each device. Market players such as Akamai, AWS, Verizon, and Comcast offer media delivery solutions to meet the growing demand for seamless and engaging media experiences.
Based on provider type, P2P CDN is projected to register the highest CAGR during the forecast period.
P2P CDN solutions utilize ad-hoc connections to connect delivery nodes for digital content, offering diverse connectivity and consuming more bandwidth compared to traditional CDNs. Deployed at the client’s side, P2P CDNs leverage peer bandwidth, reducing network costs for content providers. The number of peers directly impacts network costs, making P2P CDN attractive for optimizing web performance. Factors such as the demand for 4K content, digitalization, and increasing internet penetration are driving the growth of the P2P CDN market segment, particularly with the growing popularity of video streaming.
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Based on application area, the media and entertainment segment to hold the largest market size during the forecast period.
The media and entertainment industry relies heavily on CDN solutions to deliver users fast, secure, and uninterrupted viewing experiences. The increasing demand for online video streaming has driven the growth of this segment. CDN solutions optimize content delivery, reducing delays and enhancing device visual quality. By leveraging CDN technology, media and entertainment enterprises can cater to a global audience, offering seamless access to content regardless of location. Cloud-based services and CDN implementations support on-demand content, online audio streaming, podcasts, and live web episodes. The vast amount of data shared on social media platforms necessitates reliable CDN solutions for media production companies, animation studios, TV channels, and post-production teams. The evolution of higher-resolution imaging standards and the exponential growth in data sizes require robust CDN solutions. Key players in the CDN market for media and entertainment include Akamai, StackPath, and Limelight.
Based on region, Asia Pacific is projected to register the highest CAGR during the forecast period.
Asia Pacific, an emerging economy, is projected to achieve the highest CAGR in the CDN market during the forecast period. The region, including China, Japan, and South Korea, is experiencing significant growth driven by increasing content consumption, expanding internet subscriber base, and rising smartphone usage. The adoption of live video streaming, OTT services, and the surge in media, entertainment, gaming, and education sectors due to COVID-19 lockdowns further contribute to market growth. The booming eCommerce industry and the adoption of internet TV in countries like India, China, Korea, and Singapore also fuel the demand for CDN solutions. Major CDN vendors have established data centers in Asia Pacific to meet the growing demand and enhance customer experience while ensuring security compliance.
Top Key Companies in Content Delivery Network Market:
The major vendors covered in the Content Delivery Network Market include Akamai Technologies (US), Microsoft (US), IBM (US), Edgio (US), Google (US), AWS (US), AT&T (US), Cloudflare (US), Lumen Technologies (US), Deutsche Telekom (Germany), Fastly (US), Citrix systems (US), NTT Communications (Japan), Comcast Technologies (US), Rackspace Technology (US), CDNetworks (South Korea), Tata Communications (India), Imperva (US), Broadpeak (France), Quantil (US), StackPath (US), G Core Labs SA (Luxembourg), Tencent Cloud (China), OnApp Limited (UK),EVG Corp (Vietnam), Kingsoft Cloud (China), Bunny.net (Slovenia) and Baishan Cloud (US).
Recent Developments:
- In June 2023, Cloudflare partners with Databricks, the data and AI company, to enable organizations to safely, simply, and affordably share and collaborate on live data.
- In February 2023, Akamai Technologies launches Akamai Connected Cloud, a distributed edge and cloud platform for cloud computing, security, and content delivery. The new Akamai Connected Cloud is an attempt to unify Akamai’s cloud effort with core computing, distributed cloud, and edge platform capabilities.
- In June 2022, Limelight Networks acquired Edgecast from Yahoo! Inc. and rebranded itself to Edgio.
- In April 2022, Disney partnered with its streaming division and Lumen Technologies to standardise CDN configuration metadata and application programming interfaces (APIs) for the streaming video industry.
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Content Delivery Network Market Advantages:
- CDNs are made to provide material from servers positioned in several areas. The latency of websites and online apps is decreased and their loading times are increased by CDNs by caching content closer to the end users. The user experience is thus quicker and more responsive.
- A distributed network of servers located in many countries across the world makes up CDNs. Regardless of the users’ actual location, businesses can transmit their content to them using this worldwide infrastructure. By allowing access from the closest CDN server, users may minimise journey time and improve content delivery.
- High traffic volumes and unexpected demand surges are no match for CDNs. Depending on the traffic patterns, they can automatically scale up or down and divide the load among several servers. This makes sure that even during times of high traffic, websites and applications are accessible and responsive.
- By replicating content over numerous servers located in various locations, CDNs implement redundancy. The CDN automatically switches requests to a backup server if one server is offline or having problems, ensuring high availability and reducing downtime.
- CDNs assist content producers in saving money on bandwidth. Businesses can reduce the bandwidth utilisation of their origin servers by outsourcing the delivery of content to the CDN. By utilising compression techniques to minimise the amount of data transported and, as a result, reduce bandwidth costs, CDNs optimise content delivery.
- To defend against DDoS assaults, data breaches, and other criminal actions, CDNs offer a variety of security capabilities. By dividing the traffic among several servers and filtering out malicious requests, they can lessen the effects of widespread attacks. Additionally, CDNs provide SSL/TLS encryption to safeguard sensitive data sent between users and websites during transmission and for secure content delivery.
- The use of mobile devices is growing, hence CDNs provide mobile optimisation methods such picture optimisation, device identification, and adaptive streaming. Through these optimisations, content is efficiently delivered to mobile consumers, ensuring a consistent user experience across various devices and network setups.
Report Objectives
- To determine and forecast the global Content Delivery Network Market by offering (solutions, and services), content type, provider type, application area, and region from 2023 to 2028, and analyze the various macroeconomic and microeconomic factors that affect the market growth.
- To forecast the size of the market segments with respect to five main regions: North America, Europe, Asia Pacific (APAC), Latin America, and the Middle East and Africa (MEA).
- To provide detailed information about the major factors (drivers, restraints, opportunities, and challenges) influencing the growth of the Content Delivery Network Market.
- To analyze each submarket with respect to individual growth trends, prospects, and contributions to the overall Content Delivery Network Market.
- To analyze the opportunities in the market for stakeholders by identifying the high-growth segments of the Content Delivery Network Market.
- To profile the key market players; provide a comparative analysis on the basis of business overviews, regional presence, product offerings, business strategies, and key financials; and illustrate the competitive landscape of the market.
- In the market, track and analyze competitive developments, such as mergers and acquisitions, product developments, partnerships and collaborations, and Research and Development (R&D) activities.
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Blockchain Press Releases
HTX Research Analysis: Bittensor’s dTAO Upgrade Redefines Decentralized AI Infrastructure
SINGAPORE, March 19, 2025 /PRNewswire/ — HTX Research, the research arm of HTX Group, has released an in-depth report titled, “dTAO and the Evolution of Bittensor: Reshaping Decentralized AI with Market-Driven Incentives.”. The evolution of artificial intelligence has transitioned from foundational model development to the refinement and optimization of existing systems, a trend exemplified by industry leaders such as DeepSeek and OpenAI. This analysis examines how Bittensor’s Dynamic TAO (dTAO) upgrade addresses inherent challenges within decentralized AI, positioning the network as a pioneering force in this emerging sector.
Bittensor’s Architecture: Foundation for a Decentralized AI Ecosystem
Bittensor’s architecture is structured around three core components: the Subtensor blockchain, a Polkadot parachain with EVM compatibility; 64 specialized subnets; and a governance-focused Root Subnet. The network employs a dual-key security system, Coldkey-Hotkey, and a subnet UID framework to facilitate secure and open participation for miners and validators. At the core of its operational model is the Yuma Consensus (YC), a dynamic incentive mechanism that diverges from traditional static reward systems. YC assesses validators’ weight vectors, derived from historical performance and stake, to distribute TAO rewards every 12 seconds, establishing a self-regulating “stake → weight → reward” loop. This mechanism aligns contributions with incentives while mitigating malicious activities through continuous adjustments.
The dTAO Upgrade: Market-Driven Resource Allocation
The dTAO upgrade, implemented on February 13, 2025, introduces liquidity pools for subnet tokens, fundamentally altering Bittensor’s economic framework. Key innovations include:
- Subnet Token Liquidity Pools: Each subnet’s dTAO tokens are paired with TAO in automated market-maker pools, enabling price discovery driven by supply-demand dynamics.
- Emission Rebalancing: 50% of new subnet emissions are injected into liquidity pools, incentivizing long-term participation.
- Validator-as-VC Dynamics: Validators now act as venture capitalists, strategically staking TAO into high-potential subnets to maximize returns.
This upgrade addresses previous systemic limitations, such as validator centralization, resource redundancy, and misaligned incentives. By linking subnet rewards to market performance, dTAO fosters competition, encouraging the development of specialized AI solutions, ranging from multimodal content detection to decentralized search engines.
Ecosystem Impact: Emergence of High-Performance Subnets
The implementation of dTAO has led to the emergence of high-performing subnets, operating within a self-reinforcing feedback loop where increasing token prices attract greater TAO emissions, subsequently drawing more users and validators. Examples include:
- Chutes: A CLI toolkit for deploying decentralized apps, Chutes’ subnet token surged rapidly, driven by its integration with Bittensor’s Subnets 19 and 56.
- Multi Modality (Subnet 4): Focused on AI-generated content detection, this subnet leverages balanced validator-miner challenges to ensure model accuracy.
However, projects like Kaito highlight potential pitfalls, demonstrating that technical proficiency alone does not guarantee success without robust integration with core product utility.
Despite the advancements introduced by dTAO, HTX Research also identifies ongoing challenges, including the lack of real-world demand drivers for TAO rewards, the potential for resource redundancy among overlapping subnets, and persistent validator centralization. To ensure sustained growth, HTX Research emphasizes the necessity for on-chain verifiability, standardized subnet performance benchmarking systems, and the integration of subnet token utility, such as governance or service access, to reduce speculative trading.
Bittensor’s dTAO upgrade signifies a transition from centralized governance to market-driven incentives. While challenges remain, the network’s architecture and economic model provide a solid foundation for decentralized AI innovation. As subnet tokens evolve into tools with tangible utility, Bittensor is positioned to redefine collaborative and competitive dynamics within AI ecosystems.
HTX Research remains committed to providing comprehensive analyses of these developments, offering actionable insights into the intersection of AI and blockchain technology. For the complete report, please visit Here.
About HTX Research:
HTX Research is the dedicated research arm of HTX Group, responsible for conducting in-depth analyses, producing comprehensive reports, and delivering expert evaluations across a broad spectrum of topics, including cryptocurrency, blockchain technology, and emerging market trends. Committed to providing data-driven insights and strategic foresight, HTX Research plays a pivotal role in shaping industry perspectives and supporting informed decision-making within the digital asset space. Through rigorous research methodologies and cutting-edge analytics, HTX Research remains at the forefront of innovation, driving thought leadership and fostering a deeper understanding of evolving market dynamics.
Contact: [email protected]
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Blockchain Press Releases
BTCC Exchange Named Headline Sponsor of Red Eagle Foundation’s Charity Golf Day Featuring Matt Le Tissier
VILNIUS, Lithuania, March 19, 2025 /PRNewswire/ — BTCC, the world’s longest-serving crypto exchange, is proud to continue its support of the Red Eagle Foundation’s charity golf day this year, featuring football legend Matt Le Tissier. This prestigious event, set for March 27, 2025, at the esteemed London Golf Club, aims to raise funds for disadvantaged children across the UK.
The Red Eagle Foundation is dedicated to improving the lives of children facing mobility challenges, mental health struggles, and learning difficulties, particularly those from underprivileged backgrounds. By providing funding for essential equipment not covered by the NHS, the foundation plays a crucial role in transforming lives.
As BTCC marks its 14th anniversary, the exchange is launching a series of in-person initiatives, beginning with this charity event. Last year’s partnership with the Red Eagle Foundation was a tremendous success and raised £31,000 for its beneficiaries. This year, the demand has been even greater with tickets selling out quickly, a testament to the community’s commitment to this meaningful cause.
The charity event will feature a morning golf tournament, followed by a luncheon where attendees can engage in a Q&A session with Matt Le Tissier. The day will conclude with a charity auction and the announcement of the golf tournament results.
“This event is so much more than just a golf tournament; it is a wonderful opportunity to make a real impact,” said Aaryn Ling, Head of Branding at BTCC. “Every swing, every donation, and every auction bid helps shape a child’s future. As one of the longest-running crypto exchanges, we believe it is our responsibility to use our platform for good. We are inviting our entire BTCC community to join us in this effort. Together, we can bring hope and create opportunities for those who need it most.”
Looking ahead, BTCC remains committed to social responsibility, with plans to host additional charity events and take part in global initiatives throughout 2025. The community is encouraged to stay updated on upcoming announcements and opportunities to contribute to these charitable efforts.
About BTCC
Established in 2011, BTCC is a leading cryptocurrency exchange offering secure trading services to users worldwide. BTCC is committed to a reliable and user-friendly trading experience, continually evolving with the dynamic cryptocurrency market.
Official Website: https://www.btcc.com/en-US
Contact: [email protected]
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Blockchain Press Releases
Empowering Education in Africa: Bybit and AltSchool Africa Unveil Bybit Academy and $100,000 Scholarship Fund
DUBAI, UAE, March 19, 2025 /PRNewswire/ — Bybit, the world’s second-largest cryptocurrency exchange by trading volume, has announced its partnership with AltSchool Africa through the launch of a Bybit Academy and a $100,000 scholarship fund. This scholarship will benefit 1,000 AltSchool students, enabling them to access the life-changing power of education. The partnership endeavors to empower the next generation of innovators and leaders by providing accessible, technology-focused education that equips students with the skills needed to thrive in a digital economy.
AltSchool Africa is a global talent company that equips Africans with the knowledge, skills, and resources they need to succeed in their careers. AltSchool Africa offers a diverse range of technical and non-technical diploma programs and short courses across its five schools: Software Engineering, Data, Product, Creative Economy, and Business. To ensure that skilled professionals can access rewarding career opportunities worldwide, AltSchool Africa also provides career counseling, mentorship, recruitment support and job placement services.
As Africa continues to emerge as a vibrant hub for innovation and technology, the need for quality education has never been more pressing. Bybit recognizes that investing in education is a strategic imperative that fosters long-term economic growth and technological advancement in the continent.
Key Highlights of the Initiative:
- Financial Support: Bybit will provide a sponsorship fund of $100,000 to establish the Bybit Academy and offer scholarships for 1,000 students. Students will be selected based on established criteria, including academic performance and diversity.
- Merit and Diversity-Based Criteria: Bybit will collaborate with AltSchool Africa to determine scholarship selection criteria based on entrance exam scores, priority countries, gender diversity, and other mutually agreed factors.
- Internship and Ambassador Opportunities: The top 10 graduates from the program will have the chance to become Bybit Interns, Ambassadors, or ByBUILDERS, fostering their professional growth and integration into the Bybit ecosystem.
- Educational Contributions: Bybit product managers will facilitate sessions on technology and cryptocurrency, enhancing the participants’ learning experience and practical skills.
“Education is a powerful catalyst for change, and Africa’s young population stands to benefit from unprecedented accessibility to technology in this day and age. Through our partnership with AltSchool Africa and the establishment of the Bybit Academy, we are committed to providing opportunities that foster growth, innovation, and resilience. Together, we can cultivate a brighter future for our communities and future-proof Africa’s talent for the digital future,” said Helen Liu, COO of Bybit.
By investing in education, Bybit is sending a powerful message: the future of Africa lies in the hands of its youth. By ensuring that young Africans have access to quality education and opportunities, we can collectively build a prosperous and innovative continent.
#Bybit / #TheCryptoArk
About Bybit
Bybit is the world’s second-largest cryptocurrency exchange by trading volume, serving a global community of over 60 million users. Founded in 2018, Bybit is redefining openness in the decentralized world by creating a simpler, open and equal ecosystem for everyone. With a strong focus on Web3, Bybit partners strategically with leading blockchain protocols to provide robust infrastructure and drive on-chain innovation. Renowned for its secure custody, diverse marketplaces, intuitive user experience, and advanced blockchain tools, Bybit bridges the gap between TradFi and DeFi, empowering builders, creators, and enthusiasts to unlock the full potential of Web3. Discover the future of decentralized finance at Bybit.com.
For more details about Bybit, please visit Bybit Press
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