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
Browse more research reports of this category:
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.
No comments:
Post a Comment