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Application Delivery Controllers (ADC) Market Size Is Going To Boom | A10 Networks , Citrix Systems , F5 Networks

04-05-2023 02:01 PM CET | IT, New Media & Software

Press release from: Report Ocean

Application Delivery Controllers (ADC) Market Size Is Going

An application delivery controller (ADC) is a computer networking device in a datacenter, usually a part of an application delivery network (ADN). It is generally deployed in data centers to optimize application performance, makes applications run faster, decreases the required bandwidth, ensures availability of applications, secure, and improves resource efficiency by offloading servers, providing deep payload inspection, and making efficient use of complex protocols. Earlier, ADC were deployed for externally-facing web applications, but now they are used in delivering services for numerous types of business applications and protocols. In addition, an ADC incorporates numerous OSI layer 3-7 services encompassing load-balancing. Other features existing in ADC include SSL offload, Web Application Firewall, NAT64, DNS64, and proxy/reverse proxy.

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Governmental organizations are boosting their maintenance budgets for system infrastructure while simultaneously funding initiatives for project development, modernization, and enhancement. As a result of the investments' success, ICT vendors now annually set aside funding for the growth of the online market.Global ICT exports are anticipated to increase 3.9% on average year fromUS$ 784.3 billion in 2021 to US$ 955.19 billion in 2030. Global supply has increased by 9.5% yearly since 2009. In terms of global ICT exports in 2021, Ireland came in first place with US$ 169. 32 billion. The rankings placed China at number 4, the United States at number 2, and India at number 3. Since 2009, Brunei has increased by228.2%year over year, while Sierra Leone has decreased by 61.7% year over year.

By 2026, European ICT Revenue is likely to increase by 1.5% annually, from US$ 1,802,413 Million in 2021 to US$ 1,933,429 Million. The European market has increased by 3.1% annually since 2016. In terms of ICT Revenue in Europe in 2021, Germany came in first place with US$ 339,074 million. Positions 2, 3, and 4 in this ranking were held by the United Kingdom, France, and Ireland, respectively. Since 2016, Malta has increased by 16.5% year over year, while Italy has decreased by 0.2%.

At present, developments in the field of software-based and virtual ADC platforms provide more deployment flexibility, specifically in cloud services, and virtual environments. Moreover, the increase in workload distribution utilizing ADCs is one of the significant factors that boosts the growth of the ADC market. However, the increase in network complexity due to cloud applications act as a challenge in the growth of the application delivery controllers market.

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The Global Application Delivery Controllers market is segmented based on deployment type, enterprise size, end users, and geography. Based on deployment type, the ADC market is divided into software/virtual and hardware. Based on enterprise size, it is classified into SMEs and large enterprises. Based on end users, the market is categorized into retail, IT & telecom, BFSI, healthcare, government, and others. By geography, it is analyzed across North America, Europe, Asia-Pacific, and LAMEA.

KEY BENEFITS FOR STAKEHOLDERS
The report provides an in-depth analysis of industry to identify the potential investment pockets.
The key drivers, restraints, and opportunities of the application delivery controllers market are provided in the report.
Porter's Five Forces model helps analyze the potential buyers & suppliers and the competitive sketch of the market, which is expected to guide the market players to develop strategies accordingly.

Key Market Players

A10 Networks Inc.
Citrix Systems Inc.
F5 Networks Inc.
Array Networks, Inc.
Barracuda Networks Inc.
Brocade Communications Systems, Inc.
Cisco Systems Inc.
Dell Inc.
Fortinet Inc.
KEMP Technologies Inc.

KEY MARKET SEGMENTS
By Deployment Type

Software/Virtual
Hardware

By Enterprise Size

SMEs
Large Enterprises

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By End Users

Retail
IT & Telecom
BFSI
Healthcare
Government
Other

By Region

North America
U.S.
Canada
Mexico
Europe
UK
Germany
France
Russia
Rest of Europe
Asia-Pacific
China
India
Japan
Australia
Rest of Asia-Pacific
LAMEA
Latin America
Middle East
Africa

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About Report Ocean:

We are the best market research reports provider in the industry. Report Ocean believes in providing quality reports to clients to meet the top line and bottom line goals which will boost your market share in today's competitive environment. Report Ocean is a 'one-stop solution' for individuals, organizations, and industries that are looking for innovative market research reports.

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