Global Application Delivery Controller Market Value is to Reach US$9.40 billion by 2028 | Key Players, Growth Rate, Demands
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The global application delivery controllers market is competitive in nature. The key players in the global application delivery controllers market are:
Amazon.com, Inc. (Amazon Web Services, Inc.)
Microsoft Corp. (Microsoft Azure)
A10 Networks, Inc.
Cisco Systems, Inc.
Progress Software Corporation (Kemp Technologies)
Barracuda Networks, Inc.
Citrix Systems, Inc.
Array Networks, Inc.
The global application delivery controller market was valued at US$4.79 billion in 2022. The market value is expected to reach US$9.40 billion by 2028. An application delivery controller (ADC) is a network component that manages and optimizes how client machines connect to web and enterprise application servers. In general, a controller is a hardware device or a software program that manages or directs the flow of data between two entities.
Years ago, the application delivery controller market was high-end-only, as all ADCs were application-specific integrated circuits (ASIC) based and inherently expensive. Today's ADC devices provide a mix of high-end products for major e-commerce sites, as well as the midmarket and SMBs with lower performance demands and budget constraints. On the other hand, the pandemic has also positively influenced the demand for ADCs as the adoption of cloud computing has accelerated. The market is expected to grow at a CAGR of approx. 12% during the forecasted period of 2023-2028.
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The market for ADCs is driven by the increasing adoption of cloud computing and the growing demand for faster and more reliable application delivery. The rise of software-defined networking (SDN) and network functions virtualization (NFV) is also driving the demand for ADCs.
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