Global Application Delivery Network Market Forecast to 2023: Cloud Based Delivery to Witness the Highest Growth - ResearchAndMarkets.com

The "Global Application Delivery Network Market - Growth, Trend and Forecasts (2018 - 2023)" report has been added to ResearchAndMarkets.com's offering.

The Application Delivery Network market is expected to grow at a CAGR of over 12% during the forecast period (2018-2023).

Networking is undergoing a significant change in order to deal with the demands of an ecosystem that is increasingly connected and constantly craving. It acts as a wholesome IT strategy for the safe and competent distribution of business critical applications across a company's network. It is also utilized to provide improved availability and security of information and applications accessible over a network in an effort to increase overall business performance.

The solutions are essential technology for any organization migrating or deploying applications to the cloud. Thus, the growing adoption of cloud computing across end user is expected to be a major driver for the market. Apart from this, the increase in BYOD penetration, and rising need for application performance scaling and security are expected to act as a driver for the market. However, security issues associated with cloud adoption can challenge the application delivery network market.

Key Highlights

• Cloud Based Delivery to Witness the Highest Growth
• Asia Pacific is the Fastest Growing Region for Application Delivery Network Market

Developments in Application Delivery Network Market

• June 2018 - Cisco and NetApp announced FlexPod solutions. It integrates Cisco UCS Integrated Infrastructure with NetApp data services to enable organizations accelerate application delivery and transition to a hybrid cloud.
• September 2017 - Globetouch and CloudMinds Technology forged a partnership to provide connectivity for robots and other AI initiatives. The companies aim to develop cloud-based applications and platforms that helps in controlling robots with rapid motion.
• April 2018 - Aryaka Networks Inc. collaborated with China Mobile International to deliver global SD-WAN service. Also, this is in line with Aryaka aiming to improve market footprint in the Asia-Pacific region.

Company Profiles

• A10 Networks Inc.
• Aryaka Networks
• Broadcom Inc.
• Cisco Systems Inc.
• Citrix Systems Inc.
• F5 Networks Inc.
• Radware
• Riverbed Technology
• Symantec Corporation
• Verizon Communications Inc.

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View source version on businesswire.com: https://www.businesswire.com/news/home/20180817005392/en/