The global application delivery network market is projected to grow at a compound annual growth rate (CAGR) of 10.9% from 2023 to 2033, according to FMI’s analysis. The market value is expected to increase from USD 8,046.4 million in 2023 to USD 22,710.0 million by 2033.
This growth is driven by the increasing significance of ADNs in industries undergoing digital transformations. ADNs are essential for various tasks such as load balancing, SSL encryption, traffic management, web application firewalls, and SSL VPNs, which have become crucial components in application delivery.
The rise in the number of cloud-hosted applications is also a key factor fueling market expansion. Organizations are adopting ADNs to address the challenges of deploying and managing their extensive application portfolios.
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Additionally, the trend towards virtualization is influencing the ADN market. Enterprises are relying on ADNs to provide secure, uniform, and controlled access across multiple devices, enhancing both employee and consumer experiences.
The increasing deployment of desktop virtualization, virtualized mobile applications, and web-based applications are surging the significance of ADN, especially across IT and Telecom, BFSI, and government sectors. These sectors have accounted for the substantial amount of adoption of digitalization throughout data-centric operations.
The market, moving forward, may be inhibited by the dearth of skilled workforce and the absence of protocols and standards. Additionally, the integration of ADN and complex integrated systems into the extant systems is a challenging task that might limit the growth prospects of the market in focus.
Top Highlights from the FMI’s Analysis of the Application Delivery Network Industry:
- North America application delivery networks grabbed a large share of the pie in the historical period. In 2022, the market share enjoyed by the region accounted for 27.5% of the global market.
- Following the lead, Europe jumped right after North America, attaining a total of 17.4% in 2022.
- Within Europe, FMI detected Germany is sharing a prominent industry share. G’rmany’s market had 10.2% of the global market’s portion in 2022.
- Japan contributed 7.6% value share and Australia contributed 4.7% to the global market.
- India’s market is expected to race at a CAGR of 16.7% in the coming decade. The CAGR speculated for India is projected to outpace all the other markets, globally.
- China showcases a notable CAGR of 9.2% during the forecast period.
- The United Kingdom is projected to register an exponential CAGR of 16.1% from 2023 to 2033.
- Based on product, application security equipment gathered a market share of 27.5% in 2022.
- Cloud service providers, a segment of the end-user environment, grabbed a maximum share of 55.5% in 2022.
Leading Key Players:
- Cisco Systems, Inc.
- Citrix Systems, Inc.
- Dell Inc.
- Juniper Networks
- Hewlett-Packard (HP)
- Verizon
- Oracle Corporation
- A10 Networks
- Symantec Corporation
- Array Networks
- F5 Networks
- Aryaka Networks
- Radware
- Riverbed Technology
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- Juniper Networks Inc, in February 2023, revealed that Green energy data centers have employed AI-driven enterprise solutions and the cloud-ready data center of Juniper. This has been done to facilitate business as well as data center operations of the latter. Many levels of physical security are present to ensure the security of these premises.
- Cisco Systems Inc., in December 2022, declared that T-Mobile is going to launch a distributed and highly scalable nationwide cloud native united core gateway.
Application Delivery Network Outlook by Category
By Product:
- Application Delivery Controllers
- WAN Optimization Controllers
- Application Security Equipment
- Application Gateways
By End-user Environment:
- Cloud Service Providers
- Telecommunication Service Providers
- Other Enterprise Networks
By Deployment Type:
- On-premise
- Cloud
By Vertical:
- Finance and Insurance
- Educational Services
- Arts, Entertainment, and Recreation
- Public Administration
- Retail Trade
- Health Care and Social Assistance
- Manufacturing
Region:
- North America
- Latin America
- Europe
- South Asia
- East Asia
- Oceania
- The Middle East and Africa
About Future Market Insights (FMI)
Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI stands as the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer Technology, Healthcare, Industrial, and Chemicals markets. With a vast team of over 400 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.
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