PUBLISHER: Global Market Insights Inc. | PRODUCT CODE: 1384310
PUBLISHER: Global Market Insights Inc. | PRODUCT CODE: 1384310
Application Delivery Controller (ADC) Market size is estimated to expand at over 12% CAGR from 2023 to 2032 driven by the rising trend of remote work along with the surging need to optimize application delivery for geographically dispersed employees. ADC solutions play crucial role in managing traffic, improving application performance, and enhancing security for remote workers accessing applications from diverse locations. Of late, numerous organizations are also prioritizing seamless remote access to applications and data.
Furthermore, the influx of R&D investments led by industry players for the development of efficient ADC solutions to manage and enhance the user experience for their applications will fuel the industry growth. For instance, in October 2023, Progress, a leading application development and infrastructure software provider introduced LoadMaster® 360, its cloud-based unified application delivery platform for organizations to operate, deploy, and troubleshoot applications and delivery infrastructure.
The ADC industry is segmented into component, enterprise size, type, end-user vertical, and region.
Based on component, the market value from the solution segment is anticipated to gain significant traction from 2023 to 2032. The growth can be attributed to the surging need for load balancing, traffic management, and application security solutions for addressing diverse IT infrastructure needs. The increasing demand for scalable and effective application delivery mechanisms is also spurring businesses to invest in comprehensive ADC solutions, propelling the segment growth.
Based on end-user vertical, the application delivery controller industry size from the IT and telecom segment is expected to record steady growth through 2032. The ongoing advancements in the IT and telecom sector are driving the emphasis on optimizing application performance for ensuring seamless service delivery. Additionally, the growing complexity of IT infrastructures and the higher demand for efficient content delivery will influence the product application outlook.
Regionally, the Asia Pacific ADC industry is set to exhibit considerable growth rate from 2023-2032. Rapid digital transformation, the increasing internet penetration, and the proliferation of mobile devices will drive the demand for efficient application delivery solutions. The growing adoption of cloud services and the rapid expansion of e-commerce are further contributing to the increased need for application delivery controller solutions.
Moreover, several government agencies are heavily investing in utilizing ADC technologies to support the digital transformation initiatives in the region, thereby boosting the industry growth. For instance, in November 2023, Radware®, a leading provider of cyber security and application delivery solutions in the U.S., provided extended security services for a leading Asia-Pacific government office to oversee its nation's IT infrastructure and services.