Global Application Delivery Controller Market to Grow at 7.6% During 2024-2032, Stimulated by Increasing Utilization of Cloud-Based Solutions

June 26, 2020 | Technology & Media

According to the latest report by IMARC Group, titled “Application Delivery Controller Market Report by Type (Hardware Based ADC, Software Based ADC), Component (Products, Services), Organization Size (Large Enterprises, Small and Medium-sized Enterprises (SMEs)), Vertical (BFSI, IT and Telecom, Government and Public Sector, Healthcare and Life Sciences, Manufacturing, Retail, Energy and Utilities, Media and Entertainment, and Others), and Region 2024-2032,” the global application delivery controller market reached a value of US$ 3.4 Billion in 2023. An application delivery controller (ADC) is a network solution utilized in data centers to improve the performance of different web applications. It is generally installed in front of a group of web and application servers to mediate requests and responses between them and the clients. It functions as a load balancer and helps optimize end user performance, reliability, data center resource use and enterprise security. Besides this, it also performs other functions, such as caching, multiplexing, compression, traffic shaping, content switching, and application security and acceleration. Consequently, it is widely utilized in the retail, education, healthcare, manufacturing, telecommunications and information technology (IT) sectors across the globe.

Global Application Delivery Controller Market Trends:

The market is currently experiencing growth on account of rapid digitalization, in confluence with the increasing utilization of cloud-computing solutions around the world. Apart from this, there is a significant rise in the demand for virtual ADC systems as they offer various network and application innovations, such as clustering, intelligent architecture and deep packet inspection. These systems also assist in improving the overall productivity of the network compared to the conventionally used tools, as they can be easily scaled up and down as per requirement. Furthermore, the integration of ADCs with Big Data, Artificial Intelligence (AI) and the Internet of Things (IoT) is bolstering the market growth. The latest generation of ADCs can also handle a much wider variety of functions, such as rate shaping, SSL offloading and serving as a web application firewall. Looking forward, the market value is expected to grow at a CAGR of 7.6% during 2024-2032.

Market Summary:

  • Based on the type, the market is bifurcated into a software- and hardware-based application delivery controllers.
  • On the basis of the component, the market has been segmented into products, and services.
  • The market has been analyzed on the basis of the organization size into large, and small and medium-sized enterprises (SMEs).
  • Based on the vertical, the market has been segregated into banking, financial services and insurance (BFSI); information technology (IT) and telecom; government and public; healthcare and life sciences; manufacturing; retail; energy and utilities; media and entertainment; and other sectors.
  • Region-wise, the market has been divided into North America (the United States and Canada); Asia Pacific (China, Japan, India, South Korea, Australia, Indonesia and others); Europe (the United Kingdom, Germany, France, Italy, Spain, Russia and others); Latin America (Brazil, Mexico and others); and Middle East and Africa.
  • The competitive landscape of the market has been examined, with some of the key players being A10 Networks, Inc., Array Networks, Inc., Barracuda Networks, Inc., Brocade Communications Systems, Inc., Citrix Systems, Inc., Cloudflare, Inc., F5 Networks, Inc., Fortinet, Inc., KEMP, Inc. and Radware Ltd.

Report Scope:

Report Features Details
Base Year of the Analysis 2023
Historical Period 2018-2023
Forecast Period 2024-2032
Units US$ Billion
Segment Coverage Type, Component, Organization Size, Vertical, Region
Region Covered  Asia Pacific, Europe, North America, Latin America, Middle East and Africa
Countries Covered United States, Canada, Germany, France, United Kingdom, Italy, Spain, Russia, China, Japan, India, South Korea, Australia, Indonesia, Brazil, Mexico
Companies Covered A10 Networks Inc., Array Networks Inc., Barracuda Networks Inc., Brocade Communications Systems Inc., Citrix Systems Inc., Cloudflare Inc., F5 Networks Inc., Fortinet Inc., KEMP Technologies Inc. and Radware Corporation
Customization Scope 10% Free Customization
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Post-Sale Analyst Support 10-12 Weeks
Delivery Format PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request)

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Global Application Delivery Controller Market to Grow at 7.6% During 2024-2032, Stimulated by Increasing Utilization of Cloud-Based Solutions
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