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WHTop → 📋 News → CDN Market to Reach $121.9B by 2033, Fueled by AI and 5G
Jan, 2025 : CDN Market to Reach $121.9B by 2033, Fueled by AI and 5G
📅 - The content delivery network (CDN) market is poised for substantial growth, with Dimension Market Research projecting revenues to surge from $26.8 billion in 2024 to $121.9 billion by 2033, representing a compound annual growth rate (CAGR) of 18.4%. This expansion is driven by increasing demand for real-time applications, high-quality streaming services, and advanced security solutions.
By reducing latency and improving network performance, CDNs have become essential in industries requiring seamless, high-speed access to online services. The growing adoption of 5G, edge computing, and multi-cloud strategies is further fueling market expansion, enabling businesses to enhance application [...][... Check source for end of article ...]
📅 - Gaia-X Tellus and DE-CIX Automate Cloud Connectivity - The Gaia-X Project Tellus has reached a significant milestone with the successful completion of its implementation phase, unveiling an automated prototype designed to integrate cloud environments from multiple providers seamlessly. Spearheaded by DE-CIX, the initiative addresses a longstanding challenge in cloud computing: simplifying connectivity between various networks andcloud services without the need for complex, manual configurations.
By reducing provisioning times from weeks to mere minutes, the project aims to enhance efficiency, enabling real-time, latency-sensitive applications across industries.
Traditional cloud deployment often requires businesses to manually procure, [...]
📅 - Azure Growth Slows, Fueling Investor Concerns Over AI Spending - Microsofts cloud business, a key driver of its artificial intelligence strategy, is showing signs of stagnation, sending ripples through investor sentiment. The companys stock fell 4.5% in after-hours trading following its fiscal second-quarter earnings report, which revealed slower-than-expected growth in its Azure cloud division.
While Microsoft exceeded overall revenue expectations, Wall Street remained unconvinced that the companys multi-billion-dollar AI investments were yielding the returns necessary to justify continued high spending.
Despite a 12% year-over-year revenue increase to $69.6 billion - surpassing analysts predictions of $68.9 billion - Azures performance fell short [...]
📅 - Verinext & Lucidity: Affordable Cloud Block Storage with AI Automation - Edwin Thornhill, Vice President, Enterprise Architecture at Verinext, stated, "Our clients are revolutionized by Lucidity's multi-cloud block storage management capabilities, which require no code." "This collaboration allows us to offer our customers a completely new degree of automated block cloud storage that is quick and affordable. The storage innovation of the Lucidity team is impressive; by removing over-provisioning and increasing storage space efficiency, it can lower cloud expenses by up to 70%.
Vice President of Global Partnerships and Alliances and Co-Founder of Lucidity Abhishek Pathak said, "We are excited to partner with Verinext, a proven storage and data management [...]
📅 - Blackstone Stays Committed to Data Centers Amid AI Disruption - Even though the artificial intelligence (AI) landscape is changing due to the rise of DeepSeek, a low-cost AI model from China, Blackstone is still dedicated to its data center investments, according to this news story by Reuters. The massive private equity firm reiterated that physical infrastructure is still essential for AI, even though there are worries that more reasonably priced AI models may change the dynamics of demand in the industry.
Blackstone has positioned itself as a major player in the infrastructure supporting AI's explosive growth, with $80 billion in leased data centerassets. The company defended its deliberate and measured approach to the industry while highlighting [...]
📅 - LINX-Operated IXP in Jeddah Upgrades to 100G Capacity - Since 2018, LINX has been a key player in Saudi Arabias interconnection ecosystem, working in partnership with Center3 to power Internet Exchange Points (IXPs) across the Kingdom. The initial deployment began in Jeddah and has since expanded to Riyadh, with plans underway to launch services in Dammam later this year. As a major landing site for subsea cables in the Middle East, Jeddah serves as a critical hub for regional and international data exchange, facilitating high-speed connectivity and reliable distribution of global content.
The upgraded IXP in Jeddah provides a neutral, centralized peering point for carriers, cloud providers, content networks, and enterprises within the MG1 [...]
📅 - Intel Shifts Focus to Jaguar Shores Amid AI Market Challenges - Intel is making a decisive shift in its data centerstrategy, signaling a more aggressive pricing approach to defend its position against growing competition from AMD and NVIDIA. Intel is taking a stronger stance to prevent further market share losses in the data center segment, while simultaneously reassessing its artificial intelligence (AI) ambitions.
Given that Intel is still behind its rivals in the AI data center market, this strategy change is being made in the face of continuous financial strain.
The company's latest financial report underscores the challenges in its data center business. Intels Data Center and AI division reported $3.4 billion in revenue for the fourth quarter of [...]
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