An IDC Study of ADC Market Forecast, Key Trends, & Past Revenue Performance
This IDC study analyzes the key trends affecting the application delivery controller market. It provides a worldwide revenue forecast for the ADC market and provides tips for technology providers around, ADCaaS, Ingress Controller & Service Mesh, Observability & more.
This five-year forecast was based on the assumptions represented in the Worldwide Black Book: Live Edition (September 2020) and addresses the worldwide application delivery controller (ADC) market for the 2015–2024 period, with a forecast extending from 2020 to 2024.
Some key findings from this study are as follows:
- Revenue from ADCaaS (software/cloud load balancing solutions) are set to surpass that from appliance-based load balancer for the first this year
- ADCaaS revenues will grow at a CAGR of 22.6%, and appliances will decline at a CAGR of -7.7%
- Why and how the application delivery controller market size has accelerated faster than predicted last year.
- Advice for technology suppliers surrounding – Multi-cloud, DevOps/Self-service, Ingress Controller and Service Mesh, Observability, Application Security, & more.
Download the Free IDC Study and learn more about the ADC market size and future trends.