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.
Application delivery controller (ADC) refers to the software that manages and optimizes the data flow between client connections and web or enterprise applications. It comprises hardware and virtual appliances, and software-only load balancers. It is reliable and fast and involves cloud and mobile access to perform the work. It offers application acceleration, load balancing, caching, compression, traffic shaping, content switching, multiplexing, and application security. It assists in optimizing the performance, resiliency, and security of applications delivered online. As a result, it is widely employed in the IT and telecommunication, healthcare, and banking, financial services, and insurance (BFSI) industries across the globe.
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Application Delivery Controller Market Trends and Drivers:
At present, the rising demand for ADC to maintain uninterrupted communication channels among various business operations represents one of the key factors contributing to the market growth. Besides this, the growing demand for ADC in the IT and telecommunication industry to manage access and a load of numerous applications is offering a positive market outlook. Apart from this, the increasing adoption of ADC in cloud networking, as it assists in controlling network errors, is positively influencing the market. Moreover, the rising demand for ADC to reduce security threats, such as structured query language (SQL) injection, data from overruns, cookie poisoning, and cross-site scripting, is bolstering the growth of the market. Furthermore, the increasing demand for ADC to optimize performance over mobile networks is strengthening the growth of the market.
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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