Global Application Delivery Controller Market Analysis Report 2023: Industry Trends, Share, Size, Growth, Opportunities and Forecasts 2022-2028

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Sep 21, 2023, 12:00 ET

DUBLIN, Sept. 21, 2023 /PRNewswire/ -- The "Application Delivery Controller Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028" report has been added to ResearchAndMarkets.com's offering.

The global application delivery controller market size reached US$ 3.2 Billion in 2022. Looking forward, the market is set to reach US$ 5.3 Billion by 2028, exhibiting a CAGR of 8.77% during 2022-2028

North America stands as the dominant hub for the application delivery controller market, driven by a multitude of compelling factors. This region's supremacy in the application delivery controller (ADC) domain can be attributed to the widespread adoption of cutting-edge technologies, a surging demand for high-speed connectivity solutions, and the ever-growing utilization of internet of things (IoT) applications, among other key drivers.

The need to augment end-user performance and ensure secure application deployment, coupled with the proliferation of cloud computing activities and the surging demand for uninterrupted high-speed communication channels, forms the bedrock of this market's growth.

Application delivery controllers, or ADCs, play a pivotal role in managing and optimizing the connection of enterprise web application servers. Situated within data centers, they ensure the seamless operation of software applications delivered over the internet. ADCs shoulder a diverse range of responsibilities, encompassing load balancing, caching, multiplexing, and content switching, all while upholding security through authentication, authorization, and availability measures.

They efficiently manage both encrypted and decrypted traffic, ensuring traffic decryption before it reaches the server. Additionally, ADCs conduct health monitoring by actively polling server clusters, assessing server performance, and removing malfunctioning servers from the pool when failures occur. Furthermore, they provide comprehensive visibility into various types of content and enhance the delivery of image-intensive web pages.

By bolstering the reliability of applications integral to business processes and revenue systems, ADCs ensure seamless operation without disruptions. They also empower organizations to scale up their operations by adding new servers without necessitating a complete infrastructure overhaul or scheduling downtime. Moreover, ADCs proficiently distribute the load across diverse servers, thus supporting efficient simultaneous access by multiple users.

At present, the surging demand for ADCs to enhance end-user performance, application deployment, and application security stands out as a primary driver propelling the market forward. This trend is complemented by the escalating volume of cloud computing activities, which enable data management, delegation of routine tasks, and operational flexibility.

Moreover, the growing need for uninterrupted high-speed communication channels among businesses, facilitating diversified operations and improved connections with clients, paints a promising picture for the market. Additionally, the rise of remote working models, aimed at boosting productivity and maintaining operational flexibility, is a supportive factor in market growth.

Furthermore, the upswing in distributed denial-of-service (DDoS) attacks that disrupt regular server traffic serves as a growth catalyst. Notably, the banking, financial services, and insurance (BFSI) sector has witnessed a substantial uptick in ADC adoption, aligned with the global wave of digital transformation.

This trend, coupled with the increased reliance on online and mobile banking services for cashless transactions, contributes to the market's robust growth. In addition, major market players are integrating artificial intelligence (AI) and the internet of things (IoT) technologies with ADCs to enhance their functionalities, further fueling market advancement.

Key Questions Answered in This Report

What was the size of the global application delivery controller market in 2022?
What is the expected growth rate of the global application delivery controller market during 2023-2028?
What are the key factors driving the global application delivery controller market?
What has been the impact of COVID-19 on the global application delivery controller market?
What is the breakup of the global application delivery controller market based on the type?
What is the breakup of the global application delivery controller market based on the component?
What is the breakup of the global application delivery controller market based on the organization size?
What is the breakup of the global application delivery controller market based on the vertical?
What are the key regions in the global application delivery controller market?
Who are the key players/companies in the global application delivery controller market?

Competitive Landscape

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.
Radware Corporation

Key Market Segmentation:

Type Insights:

Hardware based ADC accounted for the largest market share.

Hardware Based ADC
Software Based ADC

Component Insights:

Products accounted for the largest market share.

Products
Services

Organization Size Insights:

Small and medium-sized enterprises (SMEs) accounted for the largest market share.

Large Enterprises
Small and Medium-sized Enterprises (SMEs)

Vertical Insights:

IT and telecom accounted for the largest market share.

BFSI
IT and Telecom
Government and Public Sector
Healthcare and Life Sciences
Manufacturing
Retail
Energy and Utilities
Media and Entertainment
Others

Regional Insights

North America
United States
Canada
Asia Pacific
China
Japan
India
South Korea
Australia
Indonesia
Others
Europe
Germany
France
United Kingdom
Italy
Spain
Russia
Others
Latin America
Brazil
Mexico
Others
Middle East and Africa

For more information about this report visit https://www.researchandmarkets.com/r/m82odu

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