Application Delivery Networks Market
Global Application Delivery Networks (ADN) Market Size to Reach $45 Billion by 2030
In the changed post COVID-19 business landscape, the global market for Application Delivery Networks (ADN) Market estimated at US$18.6 Billion in the year 2022, is projected to reach a revised size of US$45 Billion by 2030, growing at a CAGR of 11.7% over the analysis period 2022-2030. WAN Optimization Controller (WOCs), one of the segments analyzed in the report, is projected to record 12.3% CAGR and reach US$17.6 Billion by the end of the analysis period. Taking into account the ongoing post pandemic recovery, growth in the Application Delivery Controller (ADCs) segment is readjusted to a revised 9.7% CAGR for the next 8-year period.
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Application Delivery Network Market Trends
Cloud-based Delivery to Witness the Highest Growth
Complex business models are being improved by cloud platforms, which are also controlling more global integration networks. Cloud platforms are particularly adaptable to changing business needs and offer the same features as an on-premises solution.
The popularity of cloud-based application delivery networking has been fueled by ongoing trends in cloud computing, SaaS platforms, and the use of public and private clouds, even though traditional on-premise delivery network solutions still have a sizable market share.
Because cloud storage is only viable with a strong application delivery network, the migration of end users and businesses to cloud storage is anticipated to open up enormous market prospects.
Moreover, By allowing enterprise IT teams, who frequently lack the necessary security expertise, to offload security management to the cloud, cloud adoption for application delivery improves the capacity to meet bandwidth surges while saving time and resources for the organization.
The market for application delivery networks is anticipated to experience significant growth throughout the projected period due to the rapid expansion of cloud-based apps and the growing trend of BYOD in many companies.
Covid 19 Analysis:
Work from home opportunities is becoming more prevalent as a result of the Covid-19 scenario, which may both, directly and indirectly, result in increased media consumption. Additionally, remote courses and training programmes will contribute to increasing IP traffic, that will result in greater usage of ADNs throughout nations. In today's corporate environment, technologies such as BYOD allow employees to exchange critical company data, among many other things, from their personal cellphones, iPads and laptop computers. The existing corporate networks, on the other hand, are not intended to handle large amounts of data traffic from apps. As a result, ADN is being utilized by network suppliers to meet these needs. ADN offloads application deployment to a secure external network which provides reliable application delivery without burden or delay, thus addressing the criteria.
Market Dynamic:
Drivers:
There is a growing need for different jobs, such as web application firewall, authentication, SSL encryption, SSL VPN, and DDoS protection, among others, to be performed, and these duties are now considered essential components to the delivery of applications. In order to keep up with the fast digitalization occurring across end-user sectors, an application delivery network had acquired critical significance in recent years.
Among the major drivers for the industry is the increase in the proportion of apps cloud-hosted, which presents substantial installation and administration difficulties for the companies involved, especially when dealing with large volumes of apps in a variety of cloud settings.
Opportunities:
As a result of intense rivalry among cellular and broadband service suppliers, it is anticipated that the businesses would improve their web-based infrastructure. It is anticipated that a significant rise in mobile data traffic would provide a favorable opportunity for market participants, as web software vendors will need to build more mobile network infrastructure in order to offer high-quality services to their clients.
Restraints:
The increase in the number of end-user devices, such as mobile phones, laptops, tablet devices, and palmtops, is putting pressure upon that application delivery network industry since they generate a lot of traffic but little income. The limited availability of internet connection is also anticipated to have a negative impact on the market's development over the projected period.
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Challenges:
The expansion of online enterprise applications, and also the spike in the proportion of smartphones, are two of the most significant challenges that distributors in this space are facing. This prevalence creates complex nature in the delivery of applications, as well as troubles in trying to cater to the massive amount of online data traffic.
Cumulative Growth Analysis:
The migration of end-users and businesses to cloud storage is expected to generate significant possibilities in the industry since cloud storage is really only feasible with the help of a reliable application delivery network. Web-based solutions pose a danger to the business's vital information, prompting the corporation to implement an application distribution network, thus accelerating the development of the sector.
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