A system and method for providing content in a digital broadcasting system are provided. The system includes a server for, after a lapse of a buffering time of a segment of the content, storing the segment, and for transmitting an updated Multimedia Presentation Description (MPD) including Uniform Resource Location (URL) information indicating a location where the segment is stored, and a client device for receiving the updated MPD, and for acquiring the segment stored in the location indicated by the URL information included in the updated MPD.