LONDON--(BUSINESS WIRE)--The global application delivery controller as a service market is expected to grow at a CAGR of close to 44% during the period 2018-2022, according to a new market research study by Technavio.
The report presents a comprehensive research of the global application delivery controller as a service market by end-user, including IT and telecom, BFSI, and retail. The report also determines the geographic breakdown of the market in terms of detailed analysis and impact, which includes key geographies such as APAC, the Americas, and EMEA.
This report is available at a USD 1,000 discount for a limited time only: View market snapshot before purchasing
Save more with Technavio. Buy 2 reports and get the third for FREE: View all Technavio’s current offers
Market driver: increase in data center traffic
The amount of traffic flowing through data centers worldwide is expected to increase by more than 2-3 times and reach 9-110ZB per year. It is also expected that public and private clouds will account for a large percentage of the growth in data center traffic. Several enterprises and government organizations have moved from test cloud environments to trusting clouds with their critical workloads. Nowadays, consumers expect on-demand access to their content anytime and anywhere. This creates more opportunity for cloud operators, which will play a key role in the communications industry ecosystem. By 2022, SaaS is expected to be a popular adopted service model for cloud workloads with a large amount of total cloud workloads.
According to a senior analyst at Technavio for IT professional services research, “The increasing data center traffic has compelled organizations to transform data centers into efficient application delivery solutions while lowering the total operating cost. With the help of ADCaaS, organizations can achieve higher scalability, operational efficiency, and deployment velocity which helps them to emerge as leaders in this field.”
Looking for more information on this market? Request a free sample report
Technavio’s sample reports are free of charge and contain multiple sections of the report including the market size and forecast, drivers, challenges, trends, and more.
Market trend: integration of ADCaaS with enterprise IT applications
There is an increase in demand for integrating network virtualization and high-bandwidth application delivery. Organizations are trying to stay ahead in the competition, which is driving the need for reliable and high-performance collaboration networking capabilities. For example, A 10 and Avaya’s integrated, unified communications platforms and ADCaaS deliver the performance, security, scalability, and deployment flexibility required by enterprises. A major challenge in enterprise communication system is the growth in cost and complexity associated with huge proliferation in the number of systems and networks.
Market challenge: lack of knowledge among end-users about the benefits of ADCaaS
One of the most critical services in the data center is application delivery. Changes in application delivery method can lead to a positive effect on the enterprise. It can help them to overcome many issues and address the budget challenges. A virtual ADC such as ADCaaS can scale easily, improve availability, and optimize applications whenever required, in an elastic manner. Moreover, ADCaaS can also be used to automate deploying, licensing, and metering ADSs. However, the benefits of ADCaaS over traditional ADC are not known among many end-users. During the forecast period, the awareness among end-users about these benefits is expected to increase.
Is your business on track for a successful future? Learn how Technavio can help
Technavio helps businesses anticipate changes in their marketplace, make proactive adjustments, and develop effective strategies to optimize their market positions.
|
Technavio’s best deals of the month! |
|
Technavio supports Health for All campaign on this World Health Day with 20% savings on all reports in the Health and Wellness category for the entire month. |
|
OR |
|
Celebrate International Astronomy Day by indulging in a whopping 30% savings on all reports in the Space category. Offer valid from 16th April for a limited period. |
|
|
About Technavio
Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions.
With over 500 specialized analysts, Technavio’s report library consists of more than 10,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.
If you are interested in more information, please contact our media team at media@technavio.com.
