Application Delivery Network Market

Application Delivery Network Market, By Deployment Type (On-Premise, Cloud), By End Use (BFSI, IT and Telecommunications, Healthcare, Government, Manufacturing, Media & Entertainment Others), and Region - COVID-19 Impact Analysis and Forecast to 2030

Market Overview:

An application delivery network (ADN) is a group of technologies when belonged together to facilitate the acceleration, security, application, and visibility. It comprises of WAN optimization controllers (WOCs) and application delivery controllers (ADCs). It delivers a broad range of technologies over a wide network developed to maximize application performance. The performance of the traffic and system is managed by the ADCs that is fixed at the data center end of an ADN. The WOCs are widely used for reducing the number of bits, which flow over the network by using the method caching and compression. It is developed to offer effective and safe distribution of applications across the network of a company. It is a critical technology for any enterprise, which wants to migrate its application over the cloud platform. The global Application Delivery Network market was valued at USD 6.13 billion in 2022 and is likely to reach USD 13.61 billion by 2030, at a CAGR of 12.1%.

Market Segmentation:

By deployment type, the application delivery network market is classified into on-premise and cloud. The cloud segment held a significant market share in 2022 and is projected to register a robust CAGR by the end of 2030. Cloud platforms are improving complex business models and managing more worldwide-based integration networks. These platforms are highly flexible for continuously changing business needs. The on-going trends of SaaS platforms, cloud computing, and usage of the public & private clouds are likely to spur the implementation of cloud-based application delivery networking. Moreover, cloud adoption for application delivery improve the capability to fulfill peaks in bandwidth, simultaneously enabling enterprise IT teams, which often lack the security expertise, to offload security management to the cloud, thereby saving both resources and time for the enterprise. Moreover, strong surge in cloud-based applications coupled with rising trend of BYOD in many companies, further bolsters the segment growth in the global application delivery network market.

Based on end use, the global application delivery network market has been classified into BFSI, IT and telecommunications, healthcare, government, manufacturing, media & entertainment, and others. The IT and telecommunications segment accounted for a substantial market share in 2022. This is mainly ascribed to the rising demand for application delivery network along with growing number of data centers across the globe. An ADN platform enables data centers to speed up load times and the application delivery process. Moreover, they also aid IT teams to solve problems rapidly and offer a better user experience. Furthermore, business IT teams’ role in application delivery network is aimed at how applications are architected and managed within the data center, and cloud hosting services. The media & entertainment segment is projected to register a healthy CAGR during the forecast timeline. Growing number of individual internet consumers is likely to augment the media & entertainment segment growth while improving need for sophistication.

Application Delivery Network Market Report Scope

Market Dynamics and Factors:

Rising demand for big data, cloud computing, and virtualization has surged the requirement for reliable & efficient webbing solutions. Significantly changing web traffic patterns, such as from network-oriented to bandwidth-intensive solutions, video, voice, unstructured data, and ERP support is subjected to boost the global application delivery network market growth in the coming years. Rising efforts from companies to enhance business mobility & agility that involves ADN solutions, further boosts the application delivery network market expansion during the review period. Furthermore, increasing concerns regarding cost-effectiveness and organizational profitability offers immense growth potential. Also, surging demand for performing various tasks, such as web application firewall, SSL encryption, authentication, DDoS protection, and SSL VPN, among others are key elements to application delivery network market. Thus, the ADN has gained significant importance from various sectors which are undergoing rapid digital transformation. This, in turn, augments the global application delivery network market growth during the review period.

Geographical Analysis:

The Asia Pacific application delivery network market held a significant share in 2022 and is estimated to register a healthy CAGR during the assessment period. Growing cloud computing incorporations and the BYOD trend is expected to drive the market in this region. In China, the increasing adoption of public cloud computing is leading to many enterprises re-allocating their business systems to cloud platforms. Problems regarding data security, access control, tenant isolation, has become a key focus of these companies. These have resulted in an improved cloud delivery network solutions. With other financial organizations expected to follow the trend, the need for cloud-based application delivery services is likely to surge. Also, government regulations are considered as a channel through which, the authorities have augmented the application delivery network market growth in the region. The North American market is projected to grow at a strong CAGR during the review period owing to presence of strong BFSI and healthcare companies in the region.

Key Market Segmentation

Global Application Delivery Network Market, By Deployment Type

o    On-Premise

o    Cloud

Global Application Delivery Network Market, By End Use

o    BFSI

o    IT and Telecommunications

o    Healthcare

o    Government

o    Manufacturing

o    Media & Entertainment

o    Others

Global Application Delivery Network Market, By Region

North America

o    US

o    Canada

o    Mexico

Europe

o    Germany

o    UK

o    France

o    Italy

o    Spain

o    Rest of Europe

Asia-Pacific

o    China

o    India

o    Japan

o    South Korea

o    Rest of Asia-Pacific

Middle East and Africa

South America