According to the latest market research report by Technavio, during the period 2019-2023, The global content delivery network (CDN) security market is expected to post a CAGR of over 29%.
Technavio announced its latest market research. According to research, increasing credential theft cases has encouraged organizations to adopt high-security solutions, such as CDN security. Solutions for advanced threats such as DDoS, which is expected to drive market growth during the forecast period.
The proliferation of mobile applications
According to Technavio’s forecasts, the proliferation of mobile applications will have a positive impact on the market and contribute to its growth significantly. Especially social media applications, news, music, entertainment, and sports applications using CDN security solutions for data delivery. With the penetration of smartphones worldwide, the consumption of digital content has increased drastically.
Senior analyst at Technavio said:
“Growing consumption of online content, increased dependence on Internet, increased demand for integrated CDN security solutions, and the emergence of AI in CDN security are some other major factors that will boost market growth during the forecast period.”
For further information, you can request a free sample report from Technavio’s web site.
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