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Aug. 11, 2021, 12:42 a.m. EDT

Application Delivery Controllers Market (2021-2030): Size, Share, Trends, Analysis and Research Report

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Aug 11, 2021 (AmericaNewsHour) -- In a recent published report, Kenneth Research has updated the market report for Application Delivery Controllers Market for 2021 till 2030. Report further now discusses; the various strategies to be adopted or being adopted by the business players across the globe at various levels in the value chain. In the view of the global economic slowdown, we further estimated that China, India, Japan and South Korea to recover fastest amongst all the countries in the Asian market. Germany, France, Italy, Spain to take the worst hit and this hit is expected to be regain 25% by the end of 2021- Positive Growth in the economic demand and supply.

U.S. Market recovers fast; In a release on May 4th 2021, the U.S. Bureau and Economic Analsysis and U.S. Census Bureau mentions the recovery in the U.S. International trade in March 2021. Exports in the country reached $200 billion, up by $12.4  billion in Feb 2021. Following the continuous incremental trend, imports tallied at $274.5 billion, picked up by $16.4 billion in Feb 2021. However, as COVID19 still haunts the economies across the globe, year-over-year (y-o-y) avergae exports in the U.S. declined by $7.0 billion from March 2020 till March 2021 whilest imports increased by $20.7 billion during the same time. This definitely shows how the market is trying to recover back and this will have a direct impact on the Healthcare/ICT/Chemical industries, creating a huge demand for Application Delivery Controllers Market products.

Download Sample of This Strategic Report-  https://www.kennethresearch.com/sample-request-10075877

According to the statistics by the World Bank, the exports of ICT goods globally increased from 11.164% of total goods exports in 2017 to 11.53% of total goods exports in 2019. Additionally, exports of ICT services increased from 5.61% of service exports (BoP) in 2001 to 10.37% of service exports (BoP) in 2017. On the other hand, growing awareness amongst individuals for using the internet is also anticipated to contribute to the market growth. For instance, the total number of individuals using the internet grew from 8% of total population in 2001 to 49% of total population in 2017.

Product Overview

Application delivery controllers are installed between the firewall and application servers in a data center. These devices are used to combine several data functions into one device which includes server health monitoring and application layers security. Application delivery controllers manage the flow of the data between the web and an enterprise. It reduce the work load in order to facilitate the proper exchange of the data between the server and the applications. The increasing technological advancement and virtualization has increased the demand for the application delivery controllers in both cloud computing network based application and data centers.

Market Size and Forecast

The global application delivery controllers market is anticipated to expand at a CAGR around 5.5% during 2020-2027. It is projected to reach around USD 0.36 billion market size by 2027. The increasing need for the maintenance of proper business channels coupled with the increased internet traffic is anticipated to be the primary reason for the growth of the global application delivery controllers market during the forecast period.

The global application delivery controllers market can be segmented on the basis of deployment, enterprises, end-users and region. On the basis of deployment, it is sub-segmented into virtual/software and hardware. Virtual/software sub-segment is anticipated to register highest CAGR during the forecast period. The increasing application of the technologies such as software-defined networking and software-defined storage is anticipated to be the key factor for the sub-segment to register highest CAGR during the forecast period.

On the basis of enterprises, it is sub-segmented into small enterprises, medium enterprises and large enterprises. The small enterprises are shifting towards the use of the cloud based platform for the data management on the account of increasing digitalization of the data and documents. On the basis of end-users, it is sub-segmented into banking, financial services and insurance (BFSI), telecom, IT, retail and others. The banking, financial services and insurance (BFSI) sub-segment is anticipated to be the largest sub-segment during the forecast period. The increasing security concern which includes cyber-attacks and financial data thefts is anticipated to be the primary reason for the sub-segment to be the leading during the forecast period.

However, IT sub-segment is anticipated to register highest CAGR during the forecast period. These solutions enhance the business operations and provide the greater control of the infrastructure.

By region, global application delivery controllers market is segmented into North America, Asia-Pacific, Latin America, Europe, Middle East and Africa. North America is anticipated to hold the largest market share for the global application delivery controllers market during the forecast period. This is attributed to the presence of well establishes IT and telecom infrastructure in the region.

Download Sample of This Strategic Report-  https://www.kennethresearch.com/sample-request-10075877

Additionally, the high adoption of the technologies such as cloud computing, SDN devices and network security is also a reason for the region to lead the global application delivery controllers market. Asia-Pacific region is anticipated to be the fastest developing region for the global application delivery controllers market. The increasing penetration of internet in the region coupled with the expansion of the small and medium enterprises is estimated to propel the market growth in the region.

"The Final Report will cover the impact analysis of COVID-19 on this industry."

Key Players

Market Segmentation

Our in-depth analysis segmented the global application delivery controllers market in the following segments:

By Deployment:

Virtual/Software
Hardware
By Enterprises:

Small Enterprises
Medium Enterprises
Large Enterprises 
By End-Users:

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