Application Delivery Network Market Estimated To Witness a Phenomenal Growth by 2025
Application Delivery Network is a set of technologies, which provides application availability, security, visibility, and acceleration. The application development network is primarily implemented to work with dynamic content. The major advantage of application delivery network is that it helps in improving the performance of Internet traffic. Increasing data traffic is major factor driving growth of the market. According to Coherent Market Insights, in 2016, 96,054 PB IP data traffic was generated per month and is projected to reach 278,108 PB IP data traffic by 2021, worldwide. Hence, increasing data traffic have accelerated the demand for application delivery network.
Increasing adoption of mobile traffic is major factor driving growth of the market
Increasing adoption of smart phones by user is one of the major reason for mobile data traffic. According to the Coherent Market Insights analysis in 2016, the mobile data traffic is 7.2EB per month, which will grow up by 48.3EB per month by 2021. The amount of fetching and storing the data in the form of text, videos, and images is one of the major factor, which result in increasing the mobile data traffic. ADN provide solutions, which help in increasing performance by reducing the time of data availability on the mobile. Thus, application delivery network also help in reducing the strain occurred on the mobile application with the help of network-level buffering and by using the load balancing algorithms, which in turn help in fuelling the growth of the market.
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Increasing trend of Bring Your Own Devices (BYOD) have accelerated growth of the application delivery network market
Increasing adoption of BYOD trend by various organizations have accelerated growth of the market. Increased focus towards innovation and productivity, employee satisfaction and retention, and cost savings have accelerated the trend in various organizations. Implementation of BYOD policy has created a comfortable environment among employees, as it allow them to do their work on their own device, which in turn increases the efficiency and productivity of the company. ADN help the enterprises to control the flow of the applications over the network, as it provides the visibility that allow the enterprises to meet the regulatory requirements that enable them to know about the applications running across the network. Thus, enterprises implement the BYOD trend along with application delivery network, as it enable them to increase the security of data and provide better service to organisation. Hence, increasing BYOD trend has increased the demand for application delivery network.
Application Delivery Network: Regional Insights
Based on geography, the application delivery network market is segmented into North America, Europe, Asia Pacific, Middle East, and Africa. The North America held a dominant position in the market in 2016 and is projected to retain its dominance throughout the forecast period. Organisations are increasingly adopting cloud-based solutions and services in line with digital business strategies. According to the Coherent Market Insights analysis, in 2015 the North America cloud data traffic is 1891 EB and it is expected to reach 6844EB in 2020. This in turn, creates a highly conducive environment for growth of the market.
Application Delivery Network: Competitive Background
The key players operating in the application delivery network market include Array Networks, Inc. Aryaka Networks, Inc., Brocade Communication System, Inc., Sangfor Technologies Inc., Dell, Inc. , Oracle Corporation, Cisco System, F5 Networks Inc., Radware Corporation, and Citrix Systems, Inc.
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About Coherent Market Insights:
Coherent Market Insights is a prominent market research and consulting firm offering action-ready syndicated research reports, custom market analysis, consulting services, and competitive analysis through various recommendations related to emerging market trends, technologies and potential absolute dollar opportunity.
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