By 2032, the Market for Application Delivery Controller  will Expand at a Compound Annual Growth rate of 8.7%

Application Delivery Controller Market

Application delivery controllers will likely become more necessary across a range of industries as companies attempt to improve productivity and reduce expenses. Prior to reaching the server, communication is decoded using ADC, enabling it to handle both encrypted and unencrypted data.

The market for application delivery controllers is expected to grow from its present value of US$ 2.9 billion to US$ 7.4 billion by 2032, with a compound annual growth rate of 8.7%.

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In response to the growing need for cloud-based applications and the use of new technologies and data centers, demand to maintain and optimize, the application delivery controller market is expected to grow during the forecast period. In order to protect sensitive financial data from breaches with minimum risk and maximum return, cyber-attacks and the dynamic nature of the security industry have increased. Banking institutions are moving, at an accelerated rate, toward the cloud, which shows that they are capable of deploying these delivery controllers in the ADC market.

The future growth of IT & Telecom is anticipated to be positively impacted over the next few years by such developments as Bring Your Own Device and Choose Your Own Device that is anticipated to emerge in the coming years. New businesses are anticipated to be established in emerging economies, which is expected to further propel the demand for cloud-based solutions.

Key Takeaways

• The application delivery controller market is expected to reach a valuation of US$ 7.4 Bn by 2032.
• North America is likely to have the largest share of the market for application delivery controllers.
• COVID-19 is predicted to have a positive impact on the growth of the ADC industry due to the increasing acceptance of work-from-home culture by various firms.
• The US market size is projected to reach US$ 2.6 Bn by 2032, at a growth rate of 8.5% over the forecast period.
• According to the forecast, the vertical application delivery controller market is expected to grow at a CAGR of 8.3%.

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Competitive Landscape
As per the global application delivery controller market study, with significant suppliers such as F5 Networks, Citrix Systems, A10 Networks, Fortinet, Radware, Webscale, Barracuda Networks, Total Uptime Technologies, Array Networks, and Cloudflare the application delivery controller industry is moderately fragmented. In order to gain a competitive advantage, the companies rely on strategic collaboration activities and acquisitions to broaden their client base and gain market share.

To simplify the introduction of a zero-trust model to secure published workloads and services, Kemp announced the launch of the Zero Trust Access Gateway architecture in May 2021. Using the ZTAG solution, customers will be able to apply zero trust logic to load-balanced web-based applications using proxy, authentication, access logic, and automation.

In June 2021, Radware and Fujitsu teamed up with healthcare organizations across Spain to alleviate challenges posed by Covid-19. To balance network load for web, mobile, and cloud-based applications, Fujitsu implemented Radware Application Delivery Controller Alteon across healthcare organizations.

Key Companies Profiled

F5 Networks
Citrix Systems
A10 Networks
Fortinet
Radware

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