According to IMARC Group’s latest report, titled “Application Delivery Controller Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026,” the global application delivery controller market exhibited strong growth during 2015-2020. Looking forward, the market is expected to grow at a CAGR of around 8% during the forecast period (2021-2026).
We are regularly tracking the direct effect of COVID-19 on the market, along with the indirect influence of associated industries. These observations will be integrated into the report.
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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Market Trends
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.
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List of Key Companies Covered in this Market Report:
- 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
The report has segmented the market on the type, service, organization size, vertical and geography.
Breakup by Type:
- Software Based
- Hardware Based
Breakup by Service:
- Implementation and Integration
- Training, Support and Maintenance
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 and Consumer Goods
- Energy and Utilities
- Media and Entertainment
- Others
Breakup by Geography:
- North America (U.S. & Canada)
- Europe (Germany, United Kingdom, France, Italy, Spain, Russia, and Others)
- Asia Pacific (China, India, Japan, South Korea, Indonesia, Australia, and Others)
- Latin America (Brazil, Mexico)
- Middle East & Africa
Key highlights of the report:
- Market Performance (2015-2020)
- Market Outlook (2021- 2026)
- Porter’s Five Forces Analysis
- Market Drivers and Success Factors
- SWOT Analysis
- Value Chain
- Comprehensive Mapping of the Competitive Landscape
If you need specific information that is not currently within the scope of the report, we can provide it to you as a part of the customization.
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