The Application Delivery Controllers Market is Predict to reach USD 9.1 Billion by 2031, at a CAGR of 12.6%

08-Nov-2024 | Report Format: Electronic (PDF)

Application Delivery Controllers Market Growth, Trends and Report Highlights

According to a new report, published by KBV research, The Global Application Delivery Controllers Market size is expected to reach $9.1 billion by 2031, rising at a market growth of 12.6% CAGR during the forecast period.

The Virtual ADCs segment is expected to witness a CAGR of 13.1% during (2024 - 2031). Virtual ADCs can be deployed on existing hardware or virtualized environments, allowing organizations to scale their operations without significant hardware investments. This flexibility particularly appeals to businesses transitioning to cloud-based infrastructures or adopting microservices architectures, as software ADCs can seamlessly integrate with various cloud platforms. The adoption of virtual ADCs has been accelerated by the growing reliance on remote work and the escalating trend of digital transformation.

Application Delivery Controllers Market Size - By Region

The Large Enterprise segment is leading the Global Application Delivery Controllers Market by Enterprise Size in 2023; thereby, achieving a market value of $4.9 billion by 2031. These enterprises typically manage extensive IT infrastructures with complex applications that require robust performance, security, and scalability. The heightened focus on optimizing application delivery, particularly as businesses increasingly migrate to hybrid and multi-cloud environments, has led large enterprises to invest heavily in ADC solutions.

 The IT & Telecom segment exhibits a CAGR of 12.2% during (2024 - 2031). The demands of an ever-more mobile and connected user base are constantly exerting pressure on IT and telecom companies to develop high-performance applications. As these organizations expand their offerings, including cloud services and virtual communication tools, reliable application delivery becomes critical. ADCs play a vital role in managing traffic, ensuring availability, and optimizing the performance of applications across diverse environments, which is essential for maintaining customer satisfaction and operational efficiency.

Full Report: https://www.kbvresearch.com/application-delivery-controllers-market/

The North America region dominated the Global Application Delivery Controllers Market by Region in 2023; thereby, achieving a market value of $3.0 billion by 2031. The Europe region is expected to witness a CAGR of 12.2% during (2024 - 2031). Additionally, The Asia Pacific region would capture a CAGR of 13.2% during (2024 - 2031).

List of Key Companies Profiled

  • Citrix Systems, Inc. (Cloud Software Group, Inc.)
  • Dell Technologies, Inc.
  • Fortinet, Inc.
  • Barracuda Networks, Inc. (KKR & Co. Inc.)
  • Cisco Systems, Inc.
  • Microsoft Corporation
  • Broadcom, Inc.
  • Cloudflare, Inc.
  • Akamai Technologies, Inc.
  • Amazon Web Services, Inc. (Amazon.com, Inc.)

Application Delivery Controllers Market Report Segmentation

By Deployment

  • Hardware based ADCs
  • Virtual ADCs

By Enterprise Size

  • Large Enterprise
  • SMEs

By End Use

  • BFSI
  • IT & Telecom
  • Retail
  • Government
  • Healthcare
  • Other End use

By Geography

  • North America
    • US
    • Canada
    • Mexico
    • Rest of North America
  • Europe
    • Germany
    • UK
    • France
    • Russia
    • Spain
    • Italy
    • Rest of Europe
  • Asia Pacific
    • China
    • Japan
    • India
    • South Korea
    • Singapore
    • Malaysia
    • Rest of Asia Pacific
  • LAMEA
    • Brazil
    • Argentina
    • UAE
    • Saudi Arabia
    • South Africa
    • Nigeria
    • Rest of LAMEA

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