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Rising Cyberattacks Propel Application Delivery Controller Market Growth: Key Factor Driving The Growth In The Application Delivery Controller Market
Application Delivery Controller Market Growth
What Is the Expected Application Delivery Controller Market Size During the Forecast Period?
In the past few years, the market size of the application delivery controller has witnessed a swift expansion. Predicted to rise from $4.65 billion in 2024 to $5.24 billion in 2025, it is expected to register a compound annual growth rate (CAGR) of 12.7%. This growth during the historic period is largely due to factors such as the rising influence of major enterprises, the expansion of cloud computing, an upsurge in mobile and web-based applications, geographical spread, regional dynamics, and enhanced performance optimization of applications.
The market for application delivery controllers is predicted to experience swift expansion in the upcoming years, ballooning to a value of $8.27 billion by 2029, with an annual growth rate of 12.1%. Factors contributing to this predicted growth during the forecast period include the fast-paced digital transformation, the spread of cloud-native architectures, the increasing complexity of contemporary applications, a heightened demand for load balancing, and stronger security measures. Expected trends during the forecast period encompass technological progress and refinement, the ascent of cloud-native architectures, the deployment of hybrid cloud solutions, the integration of AI and machine learning, as well as automation and orchestration.
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What Are the High-Growth Segments in the Application Delivery Controller Market?
The application delivery controller market covered in this report is segmented -
1) By Type: Hardware-Based Application Delivery Controller, Virtual Application Delivery Controller
2) By Component: Solution, Services
3) By Enterprise Size: Small & Medium Enterprises, Large Enterprise
4) By End Use: Information Technology & Telecom, Banking, Financial Services, And Insurance, Government, Healthcare, Retail, Other End User
Subsegments:
1) By Hardware-Based Application Delivery Controller: Rack-Mounted, Blade Server Integrated
2) By Virtual Application Delivery Controller: Software-Based, Cloud-Based
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What Key Drivers Are Expected to Influence Future Application Delivery Controller Market Growth?
The surge in cyberattacks is predicted to fuel the expansion of the application delivery controller market in the future. Cyberattacks are defined as malicious efforts to obtain unauthorized entry to a computer system or network with the aim to inflict harm. Application delivery controllers (ADCs) serve as a line of defense against such cyberattacks. They are often engineered to enhance the performance, availability, and security of applications, and to safeguard infrastructure and data from various threats. For example, Checkpoint Software, a cybersecurity solutions company based in the US, reported in 2023 that there was a 38% rise in global cyberattacks in 2022 compared to the previous year, and that the rate of attacks on cloud-based networks per organization saw a 48% increase in 2022 as compared to 2021. Furthermore, the Australian Cyber Security Centre, an Australian cyber security agency, reported in February 2023 that they received approximately 76,000 cybercrime reports in 2022, which signified a 13% increase from the previous year. As a result, the growth of the application delivery controller market is being propelled by the escalating number of cyberattacks.
Which Companies Hold the Largest Share Across Different Application Delivery Controller Market Segments?
Major companies operating in the application delivery controller market report are Dell Technologies Inc., Hewlett-Packard Development Company LP, Piolink Inc., Cisco Systems Inc., Sangfor Technologies Inc., Juniper Networks Inc., Fortinet Inc., Akamai Technologies Inc., Citrix Systems Inc., F5 Networks Inc., Brocade Communication, Riverbed Technology Inc., Cloudflare Inc., Barracuda Networks Inc., Radware Corporation, Pulse Secure LLC, A10 Networks Inc., Kemp Technologies, Array Networks Inc., HAProxy Technologies LLC, Webscale Networks Inc., Evanssion FZ-LLC, Snapt Inc., Total Uptime, NFWare Inc.
What Trends Are Driving Growth in The Application Delivery Controller Market?
Key players in the application delivery controller market are prioritizing the creation of progressive technologies like LoadMaster 360, a cloud-based application delivery platform, in response to the expanding necessity for application delivery controllers. A cloud-based application delivery platform is a comprehensive solution for deploying, managing, and operating apps across multiple cloud and on-premises environments. For example, in October 2023, Progress Software Corporation, an American software firm, launched LoadMaster 360, a robust new platform for deploying, operating, and troubleshooting application and delivery infrastructures. This cloud-based integrated application delivery platform tackles the issue of data inconsistency in application delivery, featuring a modern user interface, incident management, and extensive analytics. It is designed to assist organizations in enhancing the performance, reliability, and security of application delivery, thereby adding more value to their business. Moreover, this platform is cloud-hosted, giving organizations a unified view to manage various facets of the application delivery ecosystem.
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What Are the Emerging Geographies for The Application Delivery Controller Market Growth?
North America was the largest region in the application delivery controller market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the application delivery controller market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
Frequently Asked Questions:
1. What Is the Market Size and Growth Rate of the Application Delivery Controller Market?
2. What is the CAGR expected in the Application Delivery Controller Market?
3. What Are the Key Innovations Transforming the Application Delivery Controller Industry?
4. Which Region Is Leading the Application Delivery Controller Market?
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