Application Delivery Controller Market Worth $4.34 Billion By 2024

The global application delivery controller (ADC ) market is expected to reach USD 4.34 billion by 2024, according to a new report by Grand View Research, Inc. The application delivery controller market is anticipated to witness a high growth over the forecast period. This may be accredited to the increasing globalization and distributed enterprise architecture, which requires networks that can deliver their business-critical applications faster, thereby ensuring security. The increase in the data center traffic and the growing ADC popularity, particularly in the consolidated data center segment, are expected to be the major factors spurring the ADC market growth over the forecast period.

The increasing adoption of the BYOD phenomenon has led to the widespread usage of tablets and smartphones particularly in large organizations as it significantly increases the scope and span of enterprises. This, in turn, has resulted in a rise in the ADC demand in order to balance and maintain the server load. In addition, emerging technologies, such as software-defined storage (SDS) and software-defined networking (SDN), are also anticipated to spur the ADC market growth over the coming years.

Click the link below:
https://www.grandviewresearch.com/industry-analysis/application-delivery-controller-market

Further key findings from the report suggest:

The virtual segment captured over 30% of the total revenue share in 2015 and is anticipated to exhibit growth exceeding 5.0% from 2016 to 2024. This can be attributed to the improved IT agility, performance, and cost benefits offered by them over the hardware-based ADCs as well as the increasing cloud-based data center traffic.
The small & medium enterprise (SME) segment is expected to gain prominence over the forecast period exceeding a compound annual growth rate of 5% from 2016 to 2024. This is ascribed to the increasing adoption of web-enabled services and web-based apps for running their business as well as to the proliferation of internet-enabled devices.
The IT & telecom segment accounted for a significant revenue share in 2015 capturing over 25% of the overall revenue share in the same year. The segment is expected to grow at a CAGR exceeding 5.5% from 2016 to 2024. This is majorly due to the integration of ADCs into enterprise IT systems to enhance efficiency.
Asia Pacific is expected to emerge as the fastest growing segment accounting for more than 20% of the overall share in 2015. This growth is due to increasing investments in the IT infrastructure, primarily in China and India. Furthermore, the rising demand in this region can be ascribed to the high market penetration, owing to the webification of organizational applications along with the growing ADC application in server firewalls and network security systems.
The key application delivery controller market purveyors comprise F5 Networks Inc., Citrix Systems, A10 Networks Inc., Array Networks, Inc., and Brocade Communications Systems, Inc. Companies, with their extensive distribution channels and worldwide presence, lay emphasis on adopting the best practices for developing solutions to achieve competitive advantage in this industry.

C-RAN Market Size Worth $43.35 Billion By 2027

The global C-RAN market size is expected to reach USD 43.35 billion by 2027, expanding at a CAGR of 22.7% over the forecast period, according to a study conducted by Grand View Research, Inc. Rapid technological advancements in optical and wireless communication systems is expected to drive the growth. Furthermore, multiple benefits such as reduced energy consumption, simplification of network management and operation, the lower total cost of ownership, enhance the efficiency of the spectrum, pooling of resources, and reuse of infrastructure have led to the cloud radio access network market witnessing an increased demand.

The growing network congestion owing to limited spectrum availability and the smart devices usage has compelled the demand for enhanced network architectures, such as cloud-RAN. The mobile operators are facing the challenge, as technology trend in the wireless networking industry is shifting from the current 3G wireless mobile communication technology to more advanced 4G technologies, such as LTE and LTE-A. This change has increased the cost of implementation, as in most scenarios, large network providers have been obliged to support multi-standard networks.

The rapid rise in the deployment of 5G will further increase the burden on the currently available operation model and infrastructure. The cloud-RAN architecture uses the small-cell model and has been recognized as a favorable methodology to address the 5G standards. It is an innovative architecture, which can solve different challenges that the mobile operators face while trying to support the growing needs of end users, then it is appreciated as a major technological basis for 5G network. The increasing activities to test 5G networks across countries, including South Korea, China, Japan, and U.S. is estimated to drive the market growth from 2020 to 2027.

Asia Pacific dominated the cloud radio access network market in 2019 and is projected to continue its dominance over the forecast period. The growth can be attributed to the initiatives taken by the network operators and governments across countries, such as Japan, South Korea, and China to roll out 5G deployment in the next five years.

The market for C-RAN is predominantly consolidated in nature with presence of several key participants dominating at global level. Some of the key players include Cisco Systems, Inc.; Nokia; SAMSUNG; Huawei Technologies Co., Ltd.; Telefonaktiebolaget LM Ericsson; ZTE Corporation; Intel Corporation; NEC Corporation; and Altiostar.

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https://www.grandviewresearch.com/industry-analysis/cloud-ran-market

Further key findings from the study suggest:

Centralized RAN segment is expected to dominate the market and is expected to reach USD 38.17 billion by 2027, owing to technological advancements offered for optical, wireless, and IT communication systems
Based on component, the infrastructure segment acquired the dominant market share of 51.30% in 2019 and is anticipated to continue leading over the forecast period, owing to rapid adoption of radio technology and architecture to meet 5G requirement
LTE and 5G segment held the largest share of the C-RAN market 94.11% in 2019 and is estimated to witness growth over the forecast period, as a result of the operators seeking for better alternative techniques and architecture, which can help reduce energy cost, provide better coverage, agile network traffic management as well as time-high-throughput
Based on deployment, the outdoor segment dominated the market in 2019 and is expected to reach USD 35.30 billion by 2027. The major deployment of C-RAN architecture by the mobile operator at the outdoor environment provides better coverage in areas, such as urban market, stadiums, and others
Asia Pacific is expected to be the largest regional market over the forecast period, owing to the factors such as growing deployment of C-RAN architecture as an initiative to commercialize of 5G in countries such as China, Japan, and South Korea
Prominent market participants include Altiostar; ASOCS Ltd; Cisco Systems, Inc.; Telefonaktiebolaget LM Ericsson; FUJITSU; Huawei Technologies Co., Ltd; NEC Corporation; Samsung Electronics Co Ltd.; Nokia Corporation; and ZTE Corporation

Unified Threat Management Market Size Worth $10.09 Billion By 2025

The global unified threat management market size is expected to reach USD 10.09 billion by 2025 at a CAGR of 14.5% from 2019 to 2025, according to a new study conducted by Grand View Research, Inc. Unified threat management (UTM) solutions eliminate the need for enhanced technical support and require fewer updates and contracts to manage network. This helps the end users to increase IT staff productivity and minimize operational costs. Latest trends, such as Bring-Your-Own-Device (BYOD), web applications, and virtualization, have compelled enterprises to prepare for emerging security risks in their networks, in addition to the growing concerns of internal and external threats. Growing number of such threats is impelling enterprises to adopt UTM solutions.

Moreover, these solutions are cost-effective and also have the ability to perform application-aware network tracking, scanning, and control. In addition, the solutions are easy to install & maintain and require lesser human intervention, which leads to further reduction in operational costs. All these factors are expected to drive the UTM market over the forecast period. Moreover, these solutions have multiple functionalities that allow consumers to reduce energy consumption and space. These benefits are further expected to contribute to the market growth. The key companies in the UTM market are focusing on developing advanced solutions that are aligned with the requirements of end users.

Click the link below:
https://www.grandviewresearch.com/industry-analysis/unified-threat-management-utm-market

Further key findings from the study suggest:

Virtual component segment is anticipated to register the highest CAGR of 15.2% from 2019 to 2025 due to increasing number of SMEs requiring virtual infrastructure to securely run a wide range of applications
Managed UTM segment is anticipated to register significant growth over the forecast period as these solutions eliminate the need to buy multiple appliances for enterprises and offer complete network protection
The cloud segment is projected to expand at the highest CAGR during the estimated period. It is the most preferred deployment method of UTM solutions as it allows users to remotely manage the appliance
Large enterprise is projected to be the fastest-growing segment from 2019 to 2025 due to increasing adoption of UTM solutions, which are cost-effective and easy to install & maintain in large enterprises
BFSI segment is expected to register a significant growth in future. High demand for remotely managing security system, owing to increasing number of online hacks and cyberattacks in banks, is expected to drive the segment
North America is expected to continue to dominate the global UTM market over the forecast period owing to the presence of major companies in the region
Prominent industry participants include Barracuda Networks, Inc.; Cisco Systems, Inc.; Check Point Software Technologies Ltd.; SonicWall; Fortinet, Inc.; Huawei Technologies Co., Ltd.; Untangle, Inc.; Juniper Networks, Inc.; Sophos Ltd.; and WatchGuard Technologies, Inc.