The SMEs Segment to Grow at a Higher CAGR During the Forecast Period: The Application Delivery Controller Market by Type, Service, Organization Size, Vertical, and Region, Global Forecast to 2024 - ResearchAndMarkets.com

DUBLIN--()--The "Application Delivery Controller Market by Type (Hardware-based, Virtual), Service (Integration and Implementation, Training, Support, and Maintenance), Organization Size (SME, Large Enterprise), Vertical, and Region - Global Forecast to 2024" report has been added to ResearchAndMarkets.com's offering.

The Global Application Delivery Controller Market Size is Expected to Grow from USD 2.4 Billion in 2019 to USD 3.9 Billion By 2024, at a CAGR of 10.0%

Rise in Internet traffic, business applications, and the number of Internet-enabled devices to drive the demand for application delivery controller across the globe

Application delivery controllers are purpose-built networking appliances whose function is to improve the performance, security, and resiliency of applications delivered over the web. These are the next generation of load balancers and are typically located between the firewall/router and the web server. An application delivery controller is a network device that helps sites direct user traffic to remove the excess load from 2 or more servers. They tend to offer more advanced features such as content redirection as well as server health monitoring.

The BFSI vertical to hold a larger market size during the forecast period

The demand for application delivery controllers in BFSI is on the rise due to various developments and reforms, such as online banking and digital transactions, in the sector. With the rise in internet and mobile banking globally, banks and financial organizations need to provide high-speed connectivity to keep the customers satisfied. The trend makes the vertical prone to anonymous security threats and cyber attacks.

The SMEs segment to grow at a higher CAGR during the forecast period

The SMEs segment is expected to be the faster-growing segment in the application delivery controller market. Enhanced reliability, better scalability, user-friendly capabilities, easy integration, increased agility, and improved efficiency are the main factors that are expected to encourage SMEs to adopt application delivery controller at a rapid pace. This segment has a huge potential to flourish in the application delivery controller market in the coming years.

North America to hold the largest market size in 2019, while Asia Pacific (APAC) to grow at the highest CAGR during the forecast period

North America is estimated to hold the largest market size in the global application delivery controller market in 2019. North America is the most matured region in the application delivery controller market, as most large enterprises are in the region. This region is home to some of the leading, well-established suppliers as well as end-user verticals in the global application delivery controller market. Organizations shifting toward application delivery controller solutions and services, and the increasing adoption of digital business strategies are the major factors that are expected to drive the adoption of the application delivery controller offerings in North America. On the other hand, the application delivery controller market in APAC is expected to witness exponential growth to become the fastest-growing region. Rising awareness of data management through a common interface at a reduced cost of ownership, growing focus on server virtualization, and the popularity of using infrastructure-as-a-service solutions are major growth drivers for the application delivery controller market in APAC.

Key Topics Covered:

1 Introduction

1.1 Objectives of the Study

1.2 Market Definition

1.3 Market Scope

1.3.1 Market Segmentation

1.3.2 Regions Covered

1.4 Years Considered for the Study

1.5 Currency Considered

1.6 Stakeholders

2 Research Methodology

2.1 Research Data

2.2 Market Breakup and Data Triangulation

2.3 Market Size Estimation

2.4 Top-Down Approach

2.5 Bottom-Up Approach

2.6 Market Forecast

2.7 Competitive Leadership Mapping Research Methodology

2.8 Assumptions for the Study

2.9 Limitations of the Study

3 Executive Summary

4 Premium Insights

4.1 Attractive Growth Opportunities in the Application Delivery Controller Market

4.2 Market By Vertical, 2019

4.3 Market By Type, 2019

4.1 Market Investment Scenario

5 Market Dynamics

5.1 Introduction

5.2 Market Dynamics

5.2.1 Drivers

5.2.1.1 Digital Transformation Driving the Next Wave of Application Delivery Controllers

5.2.1.2 Rise in Internet Traffic Fueling the Adoption of Application Delivery Controller

5.2.2 Restraints

5.2.2.1 Limited Bandwidth Providers and Lack of Access to High-Speed Internet

5.2.3 Opportunities

5.2.3.1 Rise in Adoption of Ai, IoT, and Software-Defined Technologies

5.2.3.2 Greater Involvement Expected Between Vars and the Vendors in Application Delivery Controller Market

5.2.4 Challenges

5.2.4.1 Backward Compatibility Issues With the Existing Network Infrastructure

6 Application Delivery Controller Market By Type

6.1 Introduction

6.2 Hardware-Based Application Delivery Controller

6.3 Virtual Application Delivery Controller

7 Application Delivery Controller Market By Service

7.1 Introduction

7.2 Integration and Implementation

7.3 Training, Support, and Maintenance

8 Application Delivery Controller Market By Organization Size

8.1 Introduction

8.2 Small and Medium-Sized Enterprises

8.3 Large Enterprises

9 Application Delivery Controller Market By Vertical

9.1 Introduction

9.2 Banking, Financial Services, and Insurance

9.3 IT and Telecom

9.4 Government and Defense

9.5 Retail and Consumer Goods

9.6 Manufacturing

9.7 Energy and Utilities

9.8 Media and Entertainment

9.9 Healthcare and Life Sciences

9.1 Others

10 Application Delivery Controller Market By Region

10.1 Introduction

10.2 North America

10.3 Europe

10.4 Asia Pacific

10.5 Middle East and Africa

10.6 Latin America

11 Competitive Landscape

11.1 Microquadrant Overview

11.1.1 Visionary Leaders

11.1.2 Dynamic Differentiators

11.1.3 Innovators

11.1.4 Emerging Companies

11.2 Competitive Scenario

11.2.1 Partnerships, Agreements, and Collaborations

11.2.2 New Product Launches

11.2.3 Mergers and Acquisitions

12 Company Profiles

12.1 F5 Networks

12.1.1 Business Overview

12.1.2 Solutions and Services Offered

12.1.3 Recent Developments

12.1.4 SWOT Analysis

12.2 Citrix Systems

12.2.5 MnM View

12.3 A10 Networks

12.3.5 MnM View

12.4 Fortinet

12.5 Radware

12.5.5 MnM View

12.6 Barracuda Networks

12.6.1 Business Overview

12.6.2 Solutions Offered

12.6.3 Recent Developments

12.7 Total Uptime Technologies

12.7.1 Business Overview

12.7.2 Products and Services Offered

12.7.3 MnM View

12.8 Array Networks

12.8.4 MnM View

12.9 Cloudflare

12.9.4 MnM View

12.10 Kemp Technologies

12.10.4 MnM View

12.11 Brocade

12.11.4 MnM View

12.12 Riverbed

12.13 Evanssion

12.14 NFWare

12.15 Snapt

For more information about this report visit https://www.researchandmarkets.com/r/crygli

Contacts

ResearchAndMarkets.com
Laura Wood, Senior Press Manager
press@researchandmarkets.com
For E.S.T Office Hours Call 1-917-300-0470
For U.S./CAN Toll Free Call 1-800-526-8630
For GMT Office Hours Call +353-1-416-8900
Related Topics: Computing Services

Contacts

ResearchAndMarkets.com
Laura Wood, Senior Press Manager
press@researchandmarkets.com
For E.S.T Office Hours Call 1-917-300-0470
For U.S./CAN Toll Free Call 1-800-526-8630
For GMT Office Hours Call +353-1-416-8900
Related Topics: Computing Services