Published on 13 Oct 2022 on Insider Monkey via Yahoo Finance
11 Best Content Delivery Network Stocks To Buy Now
In this article, we shall discuss the 11 best content delivery network stocks to buy now. To skip our detailed analysis of the global economic outlook and the content delivery network sector, go directly and see 5 Best Content Delivery Network Stocks To Buy Now.
Content delivery network (CDN) stocks offer a worthwhile investment opportunity to investors. A CDN is a geographically distributed network of proxy servers and their respective data centers. CDNs sprung up in the late 1990s as means to optimize traffic flow and enhance the distribution of content through bottlenecks on the Internet.
The CDN market is a branch of the wider global consumer electronics market. According to a recent market analysis report, the global CDN market growth is expected to accelerate at a CAGR of 26.84% from 2022 to 2026. The size of the CDN market is expected to achieve incremental growth by nearly $51.3 billion. The market is highly diverse and fragmented with multiple players occupying the competitive landscape. The fact that the CDN market is expected to grow 24.57% in 2022 whilst the global economic growth rate has plummeted to 2.2% makes CDN stocks a highly safe and profitable bet for investors who are reeling from losses brought about by the severe economic crisis.