openPR Logo
Press release

Application Delivery Controller Market Trends, Size, Competitive Analysis and Forecast 2019-2025

03-12-2021 10:38 AM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Orion Market Research

The global application delivery controller market is projected to have a significant CAGR of over 6% during the forecast period. The increasing adoption of the cloud-based application delivery controller solutions by the enterprises encourages the growth of the market. The growing demand for the cloud platform is attributed to the faster deployment of new capabilities in enterprises that further raises the demand for data resiliency and security through the firewall and secure network.

There are various factors that can influence the adoption of cloud-based application delivery controller services by SMEs (small and medium enterprises) such as organization characteristics, competitiveness, and management strategies. The SMEs require the right organizational cloud infrastructure to provide essential functionalities for supporting their business processes, where application delivery controller can work in such cases. The organizational cloud infrastructure allows SMEs to secure, process, store and manage information so that it is accessible for pronouncement construction.

To Request a Sample of our Report on Application Delivery Controller Market: https://www.omrglobal.com/request-sample/application-delivery-controller-market

Rising concern related to data security and privacy
The increasing concern of data security and privacy encourages the demand for application delivery controller in enterprises that propel the growth of the application delivery controller market. Data security and privacy have a significant role in enterprises that aids in preventing unauthorized access to computers, websites, and databases. However, the concerns regarding data security and privacy have been rising significantly owing to the abundant amount of unprotected data and poor security infrastructure.

Data loss is a major concern for businesses of all sizes as it results in losing money and time to recover information which is vital for every business. It can disrupt the everyday operations of any business. The application delivery controller solutions offer data resiliency and security through secured network gateway in enterprises that encourages the demand in various industries such as BFSI, retail, and others.

Substantial growth opportunity in the emerging market

Emerging market such as China, India provides ample opportunity for the growth of the application delivery controller market. Rising government initiatives for digitalization and coupled with the growing adoption of cloud-based services in these countries raises the demand for application delivery controller solutions. According to the Government of India, digital transactions in India increased to 31,335 million in 2018-19, at a growth of 51% over the previous year.
Further to boost the digital transactions in the country, in June 2018 the Reserve Bank of India (RBI) has removed charges on fund transfers through Real Time Gross Settlement System (RTGS) and National Electronic Funds Transfer (NEFT). Therefore, these initiatives raise the digitization in the BFSI sector that required a secure and safe network interface for their operations thus leading to the significant adoption of application delivery controller solutions in the BFSI industry, and therefore, drives the global application delivery controller industry.

China is one of the leading countries in Asia-Pacific that is contributing to the growth of the application delivery controller market. The factors that are driving the market growth include the availability of a large amount of enterprise data coupled with the rising adoption of the application delivery controller services. By the rapid development of cloud computing, internet & mobile Internet, and big data applications, the pace of building a global data center is accelerating. Moreover, China has many small and large companies that provide ample opportunity for the demand for application delivery controller solutions. Furthermore, the rapid adoption of cloud-based services in the country is estimated to drive the growth of ADC solutions in various industries such as retail, BFSI, and others.

(Get 15% Discount on Buying this Report)
A full Report of Application Delivery Controller Market is Available at: https://www.omrglobal.com/industry-reports/application-delivery-controller-market

Global Application Delivery Controller Market- Segmentation

By Deployment Type
• On-Premises
• Cloud-based

By Industry
• BFSI
• Retail Industry
• IT & Telecom
• Government and Public Sector
• Healthcare
• Others

Regional Analysis

North America

• United States
• Canada
Europe

• UK
• Germany
• Spain
• France
• Italy
• Rest of Europe

Asia-Pacific
• India
• China
• Japan
• Rest of APAC

Rest of The World

• Middle East & Africa
• Latin America

Company Profiles
• A10 Networks, Inc.
• Akamai Technologies, Inc.
• Array Networks, Inc.
• Barracuda Networks, Inc.
• Citrix Systems, Inc.
• Cloudflare, Inc.
• Distil Networks, Inc.
• Evanssion
• F5 Networks, Inc.
• Fortinet, Inc.
• Imperva, Inc.
• Kemp Technologies, Inc.
• LogicMonitor Inc.
• NFWare Inc.
• NGINX Inc.
• Radware Ltd.
• Riverbed Technology, Inc.
• Snapt, Inc.
• Total Uptime Technologies, LLC
• VMware, Inc.

Reasons to Buying From us –
1. We cover more than 15 major industries, further segmented into more than 90 sectors.
2. More than 120 countries are for analysis.
3. Over 100+ paid data sources mined for investigation.
4. Our expert research analysts answer all your questions before and after purchasing your report.

For More Customized Data, Request for Report Customization @ https://www.omrglobal.com/report-customization/application-delivery-controller-market

Media Contact:
Company Name: Orion Market Research
Contact Person: Mr. Anurag Tiwari
Email: info@omrglobal.com
Contact no: +91 7803040404

About Orion Market Research
Orion Market Research (OMR) is a market research and consulting company known for its crisp and concise reports. The company is equipped with an experienced team of analysts and consultants. OMR offers quality syndicated research reports, customized research reports, consulting and other research-based services.

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Application Delivery Controller Market Trends, Size, Competitive Analysis and Forecast 2019-2025 here

News-ID: 2255561 • Views: …

More Releases from Orion Market Research

Road Marking Paint Market : A Guide to Understanding the Process
Road Marking Paint Market : A Guide to Understanding the Process
The Road Marking Paint Market, valued at approximately USD 5.02 billion in 2023, is projected to reach around USD 7.69 billion by 2033, growing at a compound annual growth rate (CAGR) of 4.36% from 2024 to 2033. Road Marking Paint Market Overview The Road Marking Paint Market is steadily expanding, driven by burgeoning infrastructure investments and the need for improved road safety. Governments and municipalities are increasingly allocating funds toward both new…
Outboard Boat Market Size Analysis, Competitive Insights, Leading Players and Growth Opportunities by 2033
Outboard Boat Market Size Analysis, Competitive Insights, Leading Players and Gr …
The Outboard Boats Market, valued at approximately USD 5.74 billion in 2023, is projected to grow to around USD 14 billion by 2033, reflecting a compound annual growth rate (CAGR) of about 9% over the 2024-2033 period. Outboard Boat Market Overview The Outboard Boat Market continues to expand robustly, fueled largely by rising demand for recreational boating, favorable economic conditions, and the appeal of leisure marine activities. Innovations in outboard motor technology-including…
Mobile Ticketing Market Size Analysis, Competitive Insights, Leading Players and Growth Opportunities by 2033
Mobile Ticketing Market Size Analysis, Competitive Insights, Leading Players and …
The Mobile Ticketing Market, valued at about USD 2.9 billion in 2023, is anticipated to grow to approximately USD 11.39 billion by 2033, reflecting a robust CAGR of 16.7% from 2024 to 2033. Mobile Ticketing Market Overview The Mobile Ticketing Market is undergoing rapid expansion, driven primarily by the global surge in smartphone usage and consumer preference for contactless, digital experiences. This growth is further propelled by widespread adoption of digital payments,…
Metal Alloy Market Size Analysis, Competitive Insights, Leading Players and Growth Opportunities by 2033
Metal Alloy Market Size Analysis, Competitive Insights, Leading Players and Grow …
The Metal Alloy Market, valued at approximately USD 301.7 billion in 2023, is projected to reach USD 533.9 billion by 2033, growing at a compound annual growth rate (CAGR) of 5.9% from 2024 to 2033. Metal Alloy Market Overview The Metal Alloy Market is experiencing steady, long-term expansion, driven by growing demand from key sectors such as automotive, aerospace, construction, and electronics. Applications in next-generation vehicles and aircraft are pushing interest in…

All 5 Releases


More Releases for BFSI

Evolving Market Trends In The Robotic Process Automation In BFSI Industry: Advan …
The Robotic Process Automation In BFSI Market Report by The Business Research Company delivers a detailed market assessment, covering size projections from 2025 to 2034. This report explores crucial market trends, major drivers and market segmentation by [key segment categories]. What Is the Expected Robotic Process Automation In BFSI Market Size During the Forecast Period? In recent times, the market size for robotic process automation in bfsi has witnessed a significant surge.…
Evolving Market Trends In The Banking, Financial Services and Insurance (BFSI) S …
The Banking, Financial Services and Insurance (BFSI) Security Market Report by The Business Research Company delivers a detailed market assessment, covering size projections from 2025 to 2034. This report explores crucial market trends, major drivers and market segmentation by [key segment categories]. What Is the Expected Banking, Financial Services and Insurance (BFSI) Security Market Size During the Forecast Period? The market size for security within the banking, financial services and insurance (BFSI)…
Key Trend Reshaping the AI in BFSI Market in 2025: Transforming The BFSI Sector …
What combination of drivers is leading to accelerated growth in the ai in bfsi market? The anticipated surge in the AI in BFSI market may be traced back to the mounting use of AI in improving efficiency. Artificial intelligence (AI) comprises various technologies and algorithms that simulate human intelligence, including problem-solving, drawing insights from data, and making effective decisions. This growing usage of AI for enhancing efficiency could be attributed to…
Mumbai's BFSI Sector Gears Up for Transformation at the 24th Edition of BFSI IT …
Mumbai: The banking, financial services, and insurance (BFSI) sector in Mumbai is currently undergoing a profound transformation, fueled by rapid technological advancements and a significant increase in digital adoption. Emphasizing a strong commitment to digitalization, key stakeholders in Mumbai are championing initiatives akin to advancements in digital payments and the establishment of the Digital Banking Transformation Office. These efforts are propelling the BFSI landscape forward, fostering innovation and paving the…
Empowering BFSI Security: Safeguarding Futures Amid Evolving Threats, BFSI Secu …
Guarding the financial backbone against evolving cyber threats fuels the burgeoning, emergence of tailored solutions, biometrics, and IoT-based cybersecurity solutions significantly enhancing online banking Opportunities for the market. The BFSI Security Market, valued at USD 61.6 billion in 2022, is poised to witness exponential growth, reaching USD 166.2 billion by 2030, reflecting a robust CAGR of 13.2%. This escalating trajectory is primarily attributed to the stringent regulatory environment governing the banking,…
IoT in BFSI Market : How the Business Will Grow in 2026? Top Players in IoT in B …
The global internet of things (IoT) in banking, financial services, and insurance (BFSI) market is predicted to reach USD 116.27 billion by 2026, exhibiting a CAGR of 26.5% during the forecast period. The increasing investment of banks and financial institutions in IoT technologies will stimulate the growth of the market in the foreseeable future. According to the studies conducted by Tata consultancy services, financial institutions spend an average IoT budget…