Press Release / Technology / Application Delivery Network Market Overview, Analysis, Trends, Growth Drivers and Forecast to 2023

Application Delivery Network Market Overview, Analysis, Trends, Growth Drivers and Forecast to 2023

Market Highlights:

According to Market Research Future Analysis, the global application delivery network market is anticipated to grow at a CAGR of 15 % over the forecast period, 2017-2023.

According to Market Research Future, the global application delivery network market has been segmented into product, organization size, industry vertical, and region.The combination of wide area network optimization and application delivery control is termed as application delivery network. Application delivery network is often related to the traffic management, which are sometimes also known as web switch or content switch.

On the basis of product, the market is application delivery network Market segmented into controllers, application safety equipment, and application gateways. Among these, the controllers, especially ADC is expected to dominate the market during the forecast period. The controllers are also expected to be the fastest growing product in this market. This growth is due to being an important component in application delivery network market, it has a huge application when it comes to management and diversion of traffic load from a single server to different servers located at different places.

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Major Key players

Array Networks (U.S.),

Silver Peak Systems (U.S.),

Riverbed Technology, Inc (U.S.),

A10 Networks, Inc. (U.S.),

Akamai Technologies, Inc (U.S.),

Alcatel-Lucent S.A. (France),

Barracuda Networks, Inc. (U.S.),

Blue Coat Systems Inc. (U.S.),

Brocade Communications Systems, Inc (U.S.),

Citrix Systems, Inc. (U.S.),

Cisco Systems, Inc. (U.S.), F5 Networks, Inc. (U.S.), Fortinet, Inc. (U.S.), Internap Corporation (U.S.), Juniper Networks, Inc. (U.S.), Limelight Networks (U.S.), Nortel Networks Corporation (Canada), Radware (Israel), Sun Microsystems (U.S.)

According to MRFR, The Application Delivery Network Market is estimated to grow at a CAGR of 15%, and projected to reach 12 Billion during the Forecast Period 2017-2023

Regional analysis:

North America is held the largest Application Delivery Network Market share in 2016 and is expected to dominate the market during the forecast period. A major factor defining the growth of North America region is faster and quicker adoption of growing networking technologies. Additionally, there is a huge concentration of enterprises located in the U.S. which is further fueling the growth of network deployments in application delivery network market. In addition to this, various small and medium enterprises are trying to adopt similar technologies as that of large enterprises in order to reinforce their global presence. Europe is likely to grow at a steady pace as the market comprises matured economies like the U.K and Germany.

Asia Pacific does not hold much of the market share, but this region is expected to grow at a fast rate due to presence of emerging countries like Japan, India, China, and Australia which are adopting the networking applications.

Segmentation:

On the basis of product, the market is segmented into controllers, application safety equipment, and application gateways.

On the basis of organization size, the market is segmented into small and medium enterprises, and large enterprises.

On the basis of Industry vertical, the market is segmented into media and entertainment, education, banking and financial services, government, retail and others.

On the basis of region, the market is segmented into North America, Europe, Asia Pacific and the rest of the world.

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Intended Audience

Application Delivery Network services providers
IT providers
Software vendors
Retail vendors
Cloud service providers
Local/Government Agencies
Cloud Infrastructure Agencies
Value-added Resellers
Research Firms