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Application Delivery Controller Market Trends

Report ID: GMI6715
Published Date: Jul 2024
Report Format: PDF

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Application Delivery Controller Market Trends

The ongoing trend of cloud adoption is cultivating lucrative growth opportunities for the ADC industry. As businesses migrate their applications & services to the cloud, the need for ADCs to enhance application performance, security, and availability becomes important. For instance, in April 2023, A10 Networks, a cloud equipment service provider, introduced an innovative business solution that blends two essential elements, offering enhanced cybersecurity protection in the cloud market.

This solution leverages A10 Networks' Thunder Application Delivery Controller, which encompasses DDoS protection, protocol validation & authentication, in conjunction with a next-generation Web Application Firewall (WAF) specialized in delivering web application security services. The increased reliance on cloud infrastructure and services is driving market expansion, presenting significant growth potential for ADC vendors & service providers.

Authors: Preeti Wadhwani

Frequently Asked Questions (FAQ) :

The market size of application delivery controller (ADC) reached USD 3.6 billion in 2023 and is witness 12.5% CAGR from 2024 to 2032, due to rising adoption in load balancing across modern IT infrastructures.

The BFSI end-user vertical segment garnered 27% of the market share in 2023, owing to the surging need to preserve customer trust and meeting industry-specific compliance standards.

North America recorded over 39% of the market share in 2023, driven by the push toward digital transformation across industries?

Some of the major application delivery controller companies are Fortinet Inc., F5 Networks Inc., Citrix Systems Inc., Barracuda Networks Inc., Cloudflare Inc., A10 Networks Inc., and Radware.