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.
In depth research report on Application Delivery Controller (ADC) 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.
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
o
U.S.
o
Canada
·
Europe
o
U.K
o
Germany
o
France
·
Asia Pacific
o
China
o
India
o
Japan
·
Latin America
o
Brazil
o
Mexico
·
MEA
o
Saudi Arabia
o
UAE
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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, the company offers market intelligence studies ensuring
relevant and fact-based research across a range of industries including
technology, chemicals, materials, healthcare and energy.
For more market analysis
reports, please visit: http://www.grandviewresearch.com/
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