According to the latest report by IMARC Group, titled, “Application Delivery Controller Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027“, The global application delivery controller market size reached US$ 3.0 Billion in 2021. Looking forward, IMARC Group expects the market to reach US$ 4.9 Billion by 2027, exhibiting a growth rate (CAGR) of 8.65% during 2022-2027.
An application delivery controller (ADC) is a network component used in data centers to maintain uninterrupted communication channels. It is placed between the firewall and application server to allocate network traffic and manage load balancing, rate shaping and security socket layer (SSL) offloading. It is a device that assists in optimizing resources and ensuring application and data-access consistency. Consequently, it is utilized in the healthcare, information technology (IT) and telecommunication, energy and utilities, media and entertainment, education and training, and travel and tourism industries across the globe.
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Application Delivery Controller Market Trends and Drivers:
Due to the increasing cases of the coronavirus disease (COVID-19), various companies are adopting remote working set-ups. This, in turn, is positively influencing the demand for efficient and reliable webbing solutions, such as ADC. Apart from this, the growing risk of cyberattacks is expanding the application of ADC in the banking, financial services and insurance (BFSI) sector to protect sensitive financial data. Furthermore, the increasing adoption of cloud-based and big data technologies, coupled with the growing trend of virtualization and software-defined storage and networking, is expected to create a positive impact on the market in the coming years.
Competitive Landscape:
The competitive landscape of the industry has also been examined along with the profiles of the key players.
- A10 Networks Inc.
- Array Networks Inc.
- Barracuda Networks Inc.
- Brocade Communications Systems Inc.
- Citrix Systems Inc.
- Cloudflare Inc.
- F5 Networks Inc.
- Fortinet Inc.
- KEMP Technologies Inc.
- Radware Corporation, etc.
Application Delivery Controller Market Report 2022-2027 Competitive Analysis and Segmentation:
The report has segmented the market based on type, component, organization size and vertical.
Breakup by Type:
- Hardware Based ADC
- Software Based ADC
Breakup by Component:
- Products
- Services
Breakup by Organization Size:
- Large Enterprises
- Small and Medium-sized Enterprises (SMEs)
Breakup by Vertical:
- BFSI
- IT and Telecom
- Government and Public Sector
- Healthcare and Life Sciences
- Manufacturing
- Retail
- Energy and Utilities
- Media and Entertainment
- Others
Breakup by Region:
- North America
- Asia-Pacific
- Europe
- Latin America
- Middle East and Africa
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