The
global application delivery controller (ADC) market is
expected to reach USD 4.34 billion by 2024, according to a new report by Grand
View Research, Inc. The application delivery controller market is anticipated
to witness a high growth over the forecast period. This may be accredited to
the increasing globalization and distributed enterprise architecture, which
requires networks that can deliver their business-critical applications faster,
thereby ensuring security. The increase in the data center traffic and the
growing ADC popularity, particularly in the consolidated data center segment,
are expected to be the major factors spurring the ADC market growth over the
forecast period.
China application delivery controller market revenue, by end-use, 2013 - 2024 (USD Million) |
The
increasing adoption of the BYOD phenomenon has led to the widespread usage of
tablets and smartphones particularly in large organizations as it significantly
increases the scope and span of enterprises. This, in turn, has resulted in a
rise in the ADC demand in order to balance and maintain the server load. In
addition, emerging technologies, such as software-defined storage (SDS) and
software-defined networking (SDN), are also anticipated to spur the ADC market
growth over the coming years.
Full
Research Report On Global Application Delivery Controller Market
Analysis:
http://www.grandviewresearch.com/industry-analysis/application-delivery-controller-market
http://www.grandviewresearch.com/industry-analysis/application-delivery-controller-market
Further
key findings from the report suggest:
- The virtual segment
captured over 30% of the total revenue share in 2015 and is anticipated to
exhibit growth exceeding 5.0% from 2016 to 2024. This can be attributed to
the improved IT agility, performance, and cost benefits offered by them
over the hardware-based ADCs as well as the increasing cloud-based data
center traffic.
- The small & medium
enterprise (SME) segment is expected to gain prominence over the forecast
period exceeding a compound annual growth rate of 5% from 2016 to 2024.
This is ascribed to the increasing adoption of web-enabled services and
web-based apps for running their business as well as to the proliferation
of internet-enabled devices.
- The IT & telecom
segment accounted for a significant revenue share in 2015 capturing over
25% of the overall revenue share in the same year. The segment is expected
to grow at a CAGR exceeding 5.5% from 2016 to 2024. This is majorly due to
the integration of ADCs into enterprise IT systems to enhance efficiency.
- Asia Pacific is expected
to emerge as the fastest growing segment accounting for more than 20% of
the overall share in 2015. This growth is due to increasing investments in
the IT infrastructure, primarily in China and India. Furthermore, the
rising demand in this region can be ascribed to the high market
penetration, owing to the webification of organizational applications
along with the growing ADC application in server firewalls and network
security systems.
- The key application
delivery controller market purveyors comprise F5 Networks Inc., Citrix
Systems, A10 Networks Inc., Array Networks, Inc., and Brocade
Communications Systems, Inc. Companies, with their extensive distribution
channels and worldwide presence, lay emphasis on adopting the best
practices for developing solutions to achieve competitive advantage in
this industry.
View more
reports of this category by Grand View Research at:
http://www.grandviewresearch.com/industry/network-security-software-and-services
http://www.grandviewresearch.com/industry/network-security-software-and-services
Grand View Research has segmented the application delivery controller
market on the basis of deployment, enterprise size, end-use, and region:
Application
Delivery Controller Deployment Outlook (Revenue, USD Million; 2014 - 2024)
- Hardware-based
ADCs
- Virtual
ADCs
Application
Delivery Controller Enterprise Size Outlook (Revenue, USD Million; 2014 - 2024)
- Small
& Medium Enterprise
- Large
Enterprise
Application
Delivery Controller End-Use Outlook (Revenue, USD Million; 2014 - 2024)
- IT
& Telecom
- BFSI
- Government
- Healthcare
- Retail
- Others
Application
Delivery Controller Regional Outlook (Revenue, USD Million; 2014 - 2024)
- North
America
- U.S.
- Canada
- Europe
- U.K
- Germany
- France
- Asia
Pacific
- China
- India
- Japan
- Latin
America
- Brazil
- Mexico
- MEA
- Saudi
Arabia
- UAE
View press
release of this research report by Grand View Research:
http://www.grandviewresearch.com/press-release/global-application-delivery-controller-market
http://www.grandviewresearch.com/press-release/global-application-delivery-controller-market
About
Grand View Research
Grand View Research, Inc. is a U.S.
based market research and consulting company, registered in the State of
California and headquartered in San Francisco. The company provides
syndicated research reports, customized research reports, and consulting
services. To help clients make informed business decisions, we offer market
intelligence studies ensuring relevant and fact-based research across a range
of industries, from technology to chemicals, materials and healthcare.
For more
information: www.grandviewresearch.com
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