Accelerating Growth: Application Delivery Controllers Market Set to Reach US$ 34.349 Billion by 2033

The global application delivery controller market poised to reach a substantial value of US$ 3.007 billion in 2023, and a remarkable projected Compound Annual Growth Rate (CAGR) of 18.3% between 2023 and 2033, with an estimated total worth of around US$ 34.349 billion by 2033, it's evident that organizations are recognizing the need for robust ADC solutions in managing their digital infrastructure.

The driving force behind this surge in demand for ADCs is the paradigm shift in work culture. Remote work has become more prevalent, and with it, the flexibility of working hours and an increased reliance on personal devices such as laptops, desktops, and mobile devices have created new challenges for organizations. As businesses expand and diversify their digital presence, ensuring seamless access and efficient load management for a growing array of applications is paramount.

At the heart of this transformation is the Application Delivery Controller, a core component of the broader Application Delivery Network (ADN) within data centers. While its primary role is that of a load balancer, ADCs offer a multifaceted set of benefits.

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- What is Driving Demand for Application Delivery Controller (ADC)?

Evolving digital infrastructure across the world along with the changing business and working structure, thereby, making modernization a key to success. During the COVID-19 pandemic, the application visibility and management have gained a demand to due increase in the working from their home.

Therefore, this is further predicted to bolster the market growth in upcoming years. Also, rise in the data traffic with an increasing use of the cloud applications has also secured the requirement for content and application delivery systems, supporting the growth of ADCs.

Furthermore, growing number of distributed denial-of-service (DDoS) attacks, disrupting enterprise servers, and overloading the companies totally rely on the ADCs to set limits on requests and traffic hitting an internal server. The above mentioned factors are responsible for the market growth and is further anticipated to drive the market during the forecast period.

Most of the SMEs are relying upon web-based apps and web-enabled services for running the business. Further, these apps are prone to the attacks from intrusions and viruses and DoS attacks. ADCs helps in reducing the risks related to IT security and ensure the compliance with privacy regulations and the data security.

- North America Application Delivery Controller (ADC) Demand Outlook:

North America is one of the largest markets for Application Delivery Controller (ADC) across the globe. The growth in the region is majorly owing to the well-established IT & telecom sector. Trends such as rise in the adoption of cloud and SDN devices, virtualization, and network security are predicted to positively influence the market growth during the forecast period.

Moreover, North America happens to be the most rapidly changing and competitive market across the globe. Besides, the region is also expected to adopt new technologies at a faster pace as compared to other countries across the globe.

- Asia Pacific Demand Outlook for Application Delivery Controller (ADC):

Asia Pacific is the fastest growing region registering the significant CAGR for the Application Delivery Controller (ADC) during the forecast period followed by North America. The major factor responsible for the growth in this region is rise in the internet penetration coupled with technology advancement in the region.

Additionally, several government initiatives, including the Make in India by the government of India and OpenNet by the Chinese government to progress the performance of web applications and services is the supporting factors driving the market growth in this region.

- Key Players Profiled:

F5 Networks Inc.
CISCO SYSTEMS INC
A10 Networks Inc.
Array Networks Inc.
Brocade Communications Systems Inc.
Citrix Systems
Dell Inc.
Barracuda Networks Inc.
Fortinet Inc.
KEMP Technologies Inc.

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- Market Segments Covered:

By Deployment Type:
Software/Virtual
Hardware

By Enterprise Size:
Small and Medium Enterprises
Large Enterprises

By End User:
BFSI
Retail
Healthcare
IT and Telecom
Government sector
Others

By Region:
North America
Latin America
Europe
Asia Pacific
The Middle East & Africa

Author:

Sudip Saha is the managing director and co-founder at Future Market Insights, an award-winning market research and consulting firm. Sudip is committed to shaping the market research industry with credible solutions and constantly makes a buzz in the media with his thought leadership. His vast experience in market research and project management across verticals in APAC, EMEA, and the Americas reflects his growth-oriented approach to clients.

He is a strong believer and proponent of innovation-based solutions, emphasizing customized solutions to meet one client's requirements at a time. His foresightedness and visionary approach recently got him recognized as the 'Global Icon in Business Consulting' at the ET Inspiring Leaders Awards 2022.

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This release was published on openPR.