Global Application Delivery Controller Market Report 2023: Sector to Reach $9.4 Billion by 2028
DUBLIN, March 9, 2023 /PRNewswire/ -- The "Global Application Delivery Controller Market: Analysis By Form Factor (ADCaaS, Software Virtual Appliance, and Appliance), By End-User (IT and Telecom, Retail, Healthcare, Government, BFSI, and Others), By Region Size and Trends with Impact of COVID-19 and Forecast up to 2028" report has been added to ResearchAndMarkets.com's offering.
The global application delivery controller market was valued at US$4.79 billion in 2022. The market value is expected to reach US$9.40 billion by 2028.
An application delivery controller (ADC) is a network component that manages and optimizes how client machines connect to web and enterprise application servers. In general, a controller is a hardware device or a software program that manages or directs the flow of data between two entities.
Years ago, the application delivery controller market was high-end-only, as all ADCs were application-specific integrated circuits (ASIC) based and inherently expensive. Today's ADC devices provide a mix of high-end products for major e-commerce sites, as well as the midmarket and SMBs with lower performance demands and budget constraints. On the other hand, the pandemic has also positively influenced the demand for ADCs as the adoption of cloud computing has accelerated. The market is expected to grow at a CAGR of approx. 12% during the forecasted period of 2023-2028.
Market Segmentation Analysis:
The global application delivery controller market growth is predicted to be supported by numerous growth drivers such as rapid growth of data centers, increasing number of internet users, growing IT services spending, rise in penetration of applications, advantages of application delivery controller, growth of SMEs, and many other factors.
With the advent of DevOps, application teams are getting more aggressive and are rolling out applications at an unprecedented volume and speed. New applications in an enterprise-grade environment need to be able to scale to handle traffic from hundreds or thousands of users, and they demand high availability. Enterprises leverage ADCs to improve the reliability, security, and performance of applications.
However, the market growth would be negatively impacted by various challenges such as difficulty in managing dynamic change requests, etc.
The market is projected to grow at a fast pace during the forecast period, due to various latest trends such as increasing adoption of cloud applications, the advent of 5G networks, the shift from hardware ADC to software /VDAC, the rise of DDoS attacks, etc. ADC platforms mitigate and create a line of defense against DDoS attacks. With the capabilities of SSL offloading, ADCs can find out the potentialities of DDoS attacks based on SSL traffic as the servers and applications are not exposed. Thus, the rise in DDoS attacks is expected to increase the growth of the ADC market in the forthcoming years.
The global application delivery controllers market is competitive in nature. The key players in the global application delivery controllers market are:
In 2022, the top five vendors (AWS, F5, Citrix, Google, and Microsoft) held approximately 80% share of the market. By 2022, AWS controlled almost two-thirds of the ADCaaS market. In AWS's revenue, ADC functionality offered by third-party infrastructure providers was being incorporated into new application development on the same platform on which applications were being developed.
1. Executive Summary
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