Increasing data traffic is a major factor boosting growth of the application delivery network market. For instance, 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.

Seattle, WA -- (SBWire) -- 11/14/2019 --Global Application Delivery Network Market – Insights
Application delivery network (AND) aids in enhancing the performance of internet traffic. It is primarily implemented to work with dynamic content and offers application availability, security, visibility, and acceleration.

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Global Application Delivery Network Market: Drivers
Increasing data traffic is a major factor boosting growth of the application delivery network market. For instance, 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.

Moreover, increasing use of smartphones has led to high data traffic, thereby contributing to growth of the market. For instance, according to the Coherent Market Insights' analysis, in 2016, the mobile data traffic was 7.2EB per month, which is expected to reach 48.3EB per month by 2021. ADN decreases the time of data availability on the mobile, thereby increasing performance. ADN uses network-level buffering and load balancing algorithms to decrease the strain occurred on the mobile applications.

Increasing adoption of Bring Your Own Devices (BYOD) is also expected to boost growth of the market. Increasing focus on enhancing productivity, employee satisfaction and retention, and decrease in expanses has led to adoption of BYOD. ADN aids enterprises to control the flow of the applications over the network and to meet the regulatory requirements that enable them to know about the applications running across the network. Implementation of BYOD with ADN increases data security. These features are expected to boost demand for ADN over the forecast period.

Global Application Delivery Network Market: Taxonomy
By Product Type
-WAN optimization controller
-Application Gateway
-Application Security

By End User
-Cloud-Service Provider
-SMB Enterprise
-Telecommunications Provider
-Large Enterprises

By Verticals
-BFSI
-Retail
-Media and Entertainment
-Healthcare
-IT Services
-Manufacturing
-Government
-Other

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Global Application Delivery Network: Regional Analysis
North America accounted for the largest market share in 2016 and is projected to retain its dominance throughout the forecast period. This is attributed to increasing adoption of cloud-based solutions and services. For instance, according to the Coherent Market Insights' analysis, in 2015, cloud data traffic in North America was 1891 EB and is expected to reach 6844EB in 2020.

Global Application Delivery Network: Competitive Landscape
Major players operating in the global application delivery network market include, Sangfor Technologies Inc., Dell, Inc., Array Networks, Inc. Aryaka Networks, Inc., Brocade Communication System, Inc., Oracle Corporation, Cisco System, F5 Networks Inc., Radware Corporation, and Citrix Systems, Inc.

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.