Market Research Report
Global Application Delivery Controller Market 2019-2025
|Global Application Delivery Controller Market 2019-2025|
Published: February 12, 2019
Orion Market Research Pvt Ltd
Delivery time: 2-3 business days
Global Application Delivery Controller Market Size, Share & Trends Analysis Report by Deployment Type (On-Premises and Cloud-based), By Industry (BFSI, Retail, IT & Telecom, Government & Public Sector, Healthcare, and Others) and Forecast 2019-2025
The global application delivery controller market is projected to grow at a significant growth rate during the forecast period owing to the growing demand for cloud-based services in various enterprises and industries across the globe. The demand for cloud-based services among enterprises has been growing significantly in the developed economies across the globe. For instance, according to Eurostat, around 26% of European Union enterprises used cloud computing in 2018, primarily for e-mails and storage of files, as compared to 21% in 2016. It is also expected to increase significantly in the emerging economies including China and India. As per Association for Computing Machinery, the overall market for cloud computing in China was around $7.5 billion which is expected to reach around $19 billion in 2020. Moreover, rising internet penetration coupled with rising concern towards data security and resiliency contributes to the growth of the market.
Geographically, the global application delivery controller market is further classified into North America, Europe, Asia-Pacific, and the Rest of the World. North America is anticipated to have a significant market share in the global market. The factors that are contributing to the growth of the North American application delivery controller market include the increasing number of enterprises and growing outsourcing activities. IT companies are outsourcing the development of applications to other developers while retaining close control of their data and source code. Moreover, Asia-Pacific is estimated to have considerable market growth in the global market. The growth of the Asia-Pacific application delivery controller market is attributed to the increasing digitalization in emerging economies such as India, China, and others coupled with government initiatives for digitization in the region.
The global application delivery controller market is influenced by product development and advancements conducted by the market players. Some of the key players of the application delivery controller market include A10 Networks, Inc., Citrix Systems, Inc., F5 Networks, Inc., Fortinet, Inc., Radware Ltd. The other market players include Akamai Technologies, Inc., Array Networks, Inc., Barracuda Networks, Inc., Total Uptime Technologies, LLC, Kemp Technologies, Inc. VMware, Inc., and so on. These players are playing a significant role in the growth of the application delivery controller market by providing various products and adopting several strategies such as merger and acquisition, partnerships and collaboration, technological development, and others.
The market study of the global application delivery controller market is incorporated by extensive primary and secondary research conducted by the research team. Secondary research has been conducted to refine the available data to breakdown the market in various segments, derive total market size, market forecast, and growth rate. Different approaches have been worked on to derive the market value and market growth rate. Our team collects facts and data related to the market from different geography to provide a better regional outlook. In the report, the country-level analysis is provided by analyzing various regional players, regional tax laws and policies, consumer behavior, and macro-economic factors. Numbers extracted from secondary research have been authenticated by conducting proper primary research. It includes tracking down key people from the industry and interviewing them to validate the data. This enables our analyst to derive the closest possible figures without any major deviations in the actual number. Our analysts try to contact as many executives, managers, key opinion leaders, and industry experts. Primary research brings the authenticity of our reports.
Secondary sources include:
The report is intended for IT companies, application delivery controller providers, software vendors, investing companies, government organizations for overall market analysis and competitive analysis. The report provides an in-depth analysis of the market size and growth opportunities. The report will serve as a source for 360-degree analysis of the market thoroughly delivering insights into the market for making better business decisions.
The Report covers: