Dallas, Texas, Sept. 18, 2020 (GLOBE NEWSWIRE) -- The “Application Delivery Controller Management Market by Type (Hardware Based Application Delivery Controller, Virtual Application Delivery Controller, services), Service Model (Integration and Implementation, Training, Support and, Maintenance), Organization Size (SMEs, large enterprise), Vertical (Telecommunication and IT- Enabled Services, Banking, Financial Services, and Insurance, Media and Entertainment, Retail and Consumer Goods, Manufacturing, Healthcare and Pharmaceuticals, Government and Public Sector, Others), and Region (North America, Europe, Asia-Pacific, South America, and Middle East & Africa), Global Forecast 2018 to 2028” study provides an elaborative view of historic, present and forecasted market estimates.
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The Global Application Delivery Controller Market Size is projected to Grow from USD 2.2Billion in 2018 to USD 7.5 Billion by 2028, at a CAGR of 10% from 2020 to 2028. Growing demand for internet traffic has led to the growth of the Application Delivery Controller Market. This has resulted in digital transformation for the application delivery controllers.
The Application Delivery Controller has made a digital revolution with the help of Telecom and the IT industry playing a critical role in it. The adoption of distributed traffic among various suppliers has optimized resources efficiently allocating traffic based on application types, ensuring application and data access consistency.
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The implementation of the Application Delivery Market has resulted in offering a cost-effective alternative with strong control as compared to traditional application delivery controllers. For flexible deployments of application delivery controllers, software-defined networking and virtualization have been adopted. Due to the growth of the market, there has been growth in cloud-based application delivery controllers. For SMEs and large enterprises, application delivery controllers are very useful, as it is a one-stop solution for all needs. It helps in eliminating problems in the operation of business by providing a one-stop hassle-free service and solution.
The Application Delivery Controller Market has strong competition among the well-established and new emerging players. These market players target to gain a competitive advantage over the other players by participating in partnerships, mergers, and acquisitions and expanding their businesses.
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The Application Delivery Controller Market is a wide range to North America, Europe, APAC, Latin America, and the Middle East & Africa. North America dominates the market owing to huge investments and various vendors in adopting the application delivery controller in that region. APAC is going to have the highest CAGR with the rapid development of infrastructure and the need to adopt innovative technologies
The major players of the Digital Workplace Market are Citrix Systems, A10 Networks, Fortinet, Radware, Webscale, and more. The Application Delivery Controller market is fragmented with the existence of well-known global and domestic players across the globe.
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Major Points from Table of Contents:
Chapter 1 Introduction
Chapter 2 Research Methodology
Chapter 3 Executive Summary
Chapter 4 Market Outlook
Chapter 5 Application Delivery Controller Management Market by Types
Chapter 6 Application Delivery Controller Management Market by Service
Chapter 7 Application Delivery Controller Management Market by Organization Size
Chapter 8 Application Delivery Controller Management Market by Vertical
Chapter 9 Application Delivery Controller Management Market by Region
Chapter 10 Competitive Landscape
Chapter 11 Company Profiles
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