According to IMARC Group’s latest report, titled “[URL=https://www.imarcgroup.com/application-delivery-controller-market]Global Application Delivery Controller Market[/URL]: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2020-2025,” the market to exhibit a CAGR of around 5% during 2020-2025.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.
Application Delivery Controller Market 2020-2025 Analysis and Segmentation:
The competitive landscape of the market has been studied in the report with the detailed profiles of the key players operating in the market.
Some of these key players include:
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 region.
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
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Breakup by Region:
North America
Asia Pacific
Europe
Latin America
Middle East and Africa
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