Global Application Delivery Network (ADN) Market Analysis by Knowledge Sourcing Intelligence
The global Application Delivery Network (ADN) market is projected to witness the growth at a CAGR of 13.28% during the forecast period to reach a total market size of US$7.633 billion by 2021, increasing from US$4.092 billion in 2016. Growth in mobile data traffic owing to penetration of mobile internet and high scale adoption of smartphones, laptops, and PCs creates numerous opportunities for AND providers in years ahead. Geographically, APAC is expected to grow at a high rate owing to the emerging IT industry. The rapidly urbanizing society, rising spending power and increasing adoption of technology have increased the adoption of smartphones in this region. In addition to this, the emerging digitalization trend and changing web traffic pattern is expected to drive the need for ADN solution. Moreover, rising demand for a cost-effective network is further expected to augment the regional growth.
There is a presence of a large number of vendors providing Application Delivery Network solutions, although the market is dominated by a few key established players. As a result, the switching cost from one supplier to another is moderate. There is a lack of substitutes for Application Delivery Network solutions. Companies are engaging in integration to take advantage of the vast market opportunity. For instance, on January 31, 2017, Radware acquired Seculert, a SaaS cloud-based provider of protection against enterprise network breach and data exfiltration, to enhance data center security. Fragmented customer base owing to the high volume of big data in various industries will also contribute to the bargaining power of suppliers. Thus, the bargaining power of suppliers is medium.
By Components
Application Delivery Controller
WAN Optimization Controller
Application Security Equipment
Others
By End Users
Cloud Service Providers
Enterprises
Telecommunications Service Providers
By Industry Vertical
BFSI
Healthcare
Education
Government
Retail
Media and Entertainment
Others
By Geography
North America
South America
Europe
Middle East and Africa
Asia-Pacific
