Product Code: RP-ID-10075877 |
Published Date: 21 Oct 2022 |
Region: NA |
Category: ICT & Telecom |
Report ID: 10075877
Market Overview:
Application Delivery Controllers Market SHARE, TREND, OPPORTUNITY AND FORECAST
Product Overview
Application delivery controllers are installed between the firewall and application servers in a data center. These devices are used to combine several data functions into one device which includes server health monitoring and application layers security. Application delivery controllers manage the flow of the data between the web and an enterprise. It reduce the work load in order to facilitate the proper exchange of the data between the server and the applications. The increasing technological advancement and virtualization has increased the demand for the application delivery controllers in both cloud computing network based application and data centers.
Market Size and Forecast
The global application delivery controllers market is anticipated to expand at a CAGR around 5.5% during 2018-2027. It is projected to reach around USD 0.36 billion market size by 2027. The increasing need for the maintenance of proper business channels coupled with the increased internet traffic is anticipated to be the primary reason for the growth of the global application delivery controllers market during the forecast period.
The global application delivery controllers market can be segmented on the basis of deployment, enterprises, end-users and region. On the basis of deployment, it is sub-segmented into virtual/software and hardware. Virtual/software sub-segment is anticipated to register highest CAGR during the forecast period. The increasing application of the technologies such as software-defined networking and software-defined storage is anticipated to be the key factor for the sub-segment to register highest CAGR during the forecast period. On the basis of enterprises, it is sub-segmented into small enterprises, medium enterprises and large enterprises. The small enterprises are shifting towards the use of the cloud based platform for the data management on the account of increasing digitalization of the data and documents. On the basis of end-users, it is sub-segmented into banking, financial services and insurance (BFSI), telecom, IT, retail and others. The banking, financial services and insurance (BFSI) sub-segment is anticipated to be the largest sub-segment during the forecast period. The increasing security concern which includes cyber-attacks and financial data thefts is anticipated to be the primary reason for the sub-segment to be the leading during the forecast period. However, IT sub-segment is anticipated to register highest CAGR during the forecast period. These solutions enhance the business operations and provide the greater control of the infrastructure.
By region, global application delivery controllers market is segmented into North America, Asia-Pacific, Latin America, Europe, Middle East and Africa. North America is anticipated to hold the largest market share for the global application delivery controllers market during the forecast period. This is attributed to the presence of well establishes IT and telecom infrastructure in the region. Additionally, the high adoption of the technologies such as cloud computing, SDN devices and network security is also a reason for the region to lead the global application delivery controllers market. Asia-Pacific region is anticipated to be the fastest developing region for the global application delivery controllers market. The increasing penetration of internet in the region coupled with the expansion of the small and medium enterprises is estimated to propel the market growth in the region.
Market Segmentation
Our in-depth analysis segmented the global application delivery controllers market in the following segments:
By Deployment:
Virtual/Software
Hardware
By Enterprises:
Small Enterprises
Medium Enterprises
Large Enterprises
By End-Users:
Banking, Financial Services And Insurance (BFSI)
Telecom
IT
Retail
Others
By Region
Global application delivery controllers market is further classified on the basis of region as follows:
North America (United States, Canada), Market size, Y-O-Y growth Market size, Y-O-Y growth & Opportunity Analysis, Future forecast & Opportunity Analysis
Latin America (Brazil, Mexico, Argentina, Rest of LATAM), Market size, Y-O-Y growth, Future forecast & Opportunity Analysis
Europe (U.K., Germany, France, Italy, Spain, Hungary, BENELUX (Belgium, Netherlands, Luxembourg), NORDIC (Norway, Denmark, Sweden, Finland), Poland, Russia, Rest of Europe), Market size, Y-O-Y growth, Future forecast & Opportunity Analysis
Asia-Pacific (China, India, Japan, South Korea, Malaysia, Indonesia, Taiwan, Hong Kong, Australia, New Zealand, Rest of Asia-Pacific), Market size, Y-O-Y growth, Future forecast & Opportunity Analysis
Middle East and Africa (Israel, GCC (Saudi Arabia, UAE, Bahrain, Kuwait, Qatar, Oman), North Africa, South Africa, Rest of Middle East and Africa), Market size, Y-O-Y growth, Future forecast & Opportunity Analysis
IT & Telecom Application Delivery Controllers Market Graph
Growth Drivers and Challenges
The increasing demand for the improved and efficient webbing solutions on the account of increasing data traffic is anticipated to be the primary growth driver for the global application delivery controllers market during the forecast period. Additionally, increasing development in the technology and the introduction of big-data and virtualization is increasing the networking options which include software-defined networking and software-defined storage. Thus, it is anticipated to increase the demand for the application delivery controllers. The rapid growth in the population and urbanization is increasing the usage of the mobile, computers and networking which is also anticipated to fuel the market growth of the global application delivery controllers market.
However, less awareness about the technology is expected to restrain the global application delivery controllers market.
Key Players
A10 Networks Inc.
Company Overview
Business Strategy
Key Product Offerings
Financial Performance
Key Performance Indicators
Risk Analysis
Recent Development
F5 Networks Inc.
Citrix Systems Inc.
Brocade Communications Systems, Inc.
Array Networks, Inc.
Barracuda Networks Inc.
Dell Inc.
Cisco Systems Inc.
Fortinet Inc.
KEMP Technologies Inc
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