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Application Delivery Network Market Expansion Continues, with Forecast Valuation of $15.54 Billion by 2029
Use code ONLINE20 to get 20% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.Application Delivery Network Market Size Valuation Forecast: What Will the Market Be Worth by 2025?
The value of the application delivery network market has significantly expanded in the past few years. It's expected to escalate from $8.28 billion in 2024 to $9.15 billion in 2025, projecting a compound annual growth rate (CAGR) of 10.5%. The historical growth can be credited to increased internet usage, proliferation of mobile device use, growth in e-commerce, calls for enhanced user experience, concerns in cybersecurity, and business globalization.
Application Delivery Network Market Size Forecast: What's the Projected Valuation by 2029?
The market size of the application delivery network is projected to experience significant expansion in the forthcoming years, reaching $15.54 billion by 2029 with a CAGR of 14.1%. The anticipated growth within the forecast period can be credited to factors such as improved user analytics, an ongoing increase in remote work, specialized industry needs, the support for containerization and microservices, and a focus on security aspects. Prominent trends expected to be witnessed in the forecast duration encompass the integration of edge computing, the adoption of cloud-native solutions, the inclusion of performance monitoring, strategies for multi-cloud deployment, the impact of software-defined networking (SDN), and the uptake of ipv6.
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What Are the Drivers Transforming the Application Delivery Network Market?
Expected growth in the number of applications housed in the cloud is believed to be a key driver for the expansion of the application delivery network market. Essentially, a cloud application fuses both localized and cloud-based elements. The innovation delivered by a cloud application delivery network offers unrivaled performance and a broad global reach through the cloud. For example, a forecast from the Bureau of Labor Statistics (BLS), a federal agency based in the US, suggested that worldwide spending on public cloud services could increase to $332.3 billion in 2021, and potentially rise to $397.5 billion in 2022. Moreover, by 2024, it is forecasted that cloud services could comprise 14.2% of the world's total IT expenditure. Consequently, the rising number of cloud-hosted applications is propelling the expansion of the application delivery network market.
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What Long-Term Trends Will Define the Future of the Application Delivery Network Market?
The major trend rising in prominence within the application delivery network market revolves around technological innovation. Several large corporations in the market are concentrating their efforts on developing high-tech products to consolidate their market position. As an example, Microsoft Corporation from the U.S., a multinational technology company which specializes in the development and support of software, services, and devices, unveiled an updated version of Azure Front Door in February 2023. This enhanced version assists enterprises in making their applications more reliable and modernized. The Azure Front Door provides a secure and dependable platform for global content delivery, accelerates web-based applications, and enables scalability to meet user demands. Furthermore, it also incorporates security features such as TLS/SSL encryption and protection against DDoS attacks.
Which Segments in the Application Delivery Network Market Offer the Most Profit Potential?
The application delivery networkmarket covered in this report is segmented -
1) By Product: Application Delivery Controllers, WAN Optimization Controllers, Application Security Equipment, Application Gateways
2) By Deployment Type: On-Premise, Cloud
3) By Industry: Banking, Financial Services And Insurance (BFSI), Healthcare, Education, Retail, Government, Media And Entertainment, Other Industries
Subsegments:
1) By Application Delivery Controllers: Hardware-Based Controllers, Software-Based Controllers, Cloud-Based Controllers
2) By WAN Optimization Controllers: Hardware WAN Optimization, Software WAN Optimization, Cloud WAN Optimization
3) By Application Security Equipment: Web Application Firewalls (WAF), Distributed Denial Of Service (DDoS) Protection, Secure Application Gateways
4) By Application Gateways: Reverse Proxies, API Gateways, Forward Proxies
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Which Firms Dominate the Application Delivery Network Market by Market Share and Revenue in 2025?
Major companies operating in the application delivery network market include A10 Networks Inc., Array Networks Inc., Aryaka Networks Inc., Barracuda Networks Inc., Broadcom Inc., Cisco Systems Inc., F5 Inc., Fortinet Inc., Hewlett-Packard Enterprise Inc., Juniper Networks Inc., Radware Inc., Riverbed Technology LLC, Sangfor Technologies Inc., Akamai Technologies Inc., KEMP Technologies Inc., Citrix Systems Inc., Dell Technologies Inc., Oracle Corporation, Check Point Software Technologies Ltd., Blue Coat Systems Inc., Palo Alto Networks Inc., Zscaler Inc., Cloudflare Inc., Limelight Networks Inc., Highwinds Networks, Verizon Enterprise Solutions, American Telephone and Telegraph Company, Charter Communications Inc., Comcast Corp., Cox Communications Inc., McAfee Associates Inc.
Which Regions Offer the Highest Growth Potential in the Application Delivery Network Market?
North America was the largest region in the application delivery network market in 2024. Asia-Pacific is expected to be the fastest-growing region in the global application delivery network market during the forecast period. The regions covered in the application delivery network market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
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