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The growing adoption of cloud applications will be one of the major factors that will have a positive impact on the growth of the application delivery network (ADN) market during the next few years. Over the past few years, businesses have increasingly started adopting cloud-based applications such as SharePoint, Dropbox, and Microsoft office. These applications are stored in cloud-based data centers which is an off-premise system of computing data that is stored in the Internet. The challenges in the cloud-based data centers include insecurity in private, public, and hybrid clouds. This increases the requirement for security in cloud-based data centers and raises the need for security providing ADNs an opportunity to manage the security, addressing visibility, and performance needs of the businesses. Our market research analysts have predicted that this market will register a CAGR of more than 11% by 2021.
In terms of geographic regions, EMEA will be major revenue contributor of the ADN market throughout the forecast period. The increased use of data centers by cloud service providers and social media companies and the penetration of applications will fuel the ADN market in this region. Also, the migration to cloud services by numerous companies will also fuel the growth of the ADN market in this region.
The ADN market consists of a few number of operators offering ADN systems. Companies in this market are increasingly focusing their R&D activities on introducing new products that provide automation to users. M&A activities, joint ventures, and partnerships are some of the strategies used by the key manufacturers to consolidate their positions in the market.
The leading vendors in the market are:
The other prominent vendors in the market are A10 Networks, Akamai Technologies, Barracuda Networks, Brocade Communications systems, Fortinet, HPE, Juniper Networks, and Riverbed Technology.
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During 2016, the WOCs segment accounted for the major shares of the ADN market. Factors such as the increased utilization of WOCs to maximize the efficiency of data flow across WAN and the rise in application performance to provide better application visibility, will contribute to the growth of this industry segment in the coming years.
According to this market research report, the cloud-service providers will hold the maximum share of the ADN market until 2021. The rising need for cloud service providers from sectors such as banking, telecom, and IT will drive the growth of the ADN market. Additionally, the rising number of cyberattacks, storage of data in the cloud, and the need to protect critical information, will also result in the growth of the ADN market in this segment.
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PART 01: Executive summary
PART 02: Scope of the report
PART 03: Research Methodology
PART 04: Introduction
PART 05: Market landscape
PART 06: Market segmentation by component
PART 07: Market segmentation by end-user
PART 08: Geographical segmentation
PART 09: Key leading countries
PART 10: Decision framework
PART 11: Drivers and challenges
PART 12: Market trends
PART 13: Vendor landscape
PART 14: Key vendor analysis
PART 15: Appendix
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