This “Application Delivery Controllers (ADC) Market” report provides a detailed study on market and how it is impacting the industry. The report includes details of emerging trends, growth history, sales channel, manufacturers profiled in business, market share of product, application and regional scope of industry. In addition, the report also mentions opportunities that manufacturers operating in the global Application Delivery Controllers (ADC) market can use for expanding their business in untapped market to increase their customer base.
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Application Delivery Controllers (ADC) Market Covers Manufacturers:
Scope of the Report:
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Key Market Trends:
BFSI Sector to Witness Significant Adoption of Application Delivery Controllers
– The demand for application delivery controllers in banking is on the rise due to various development and reforms, such as online banking in the financial sector. Online banking penetration is increasing worldwide. With a rise in internet and mobile banking, banks and financial organizations are working to provide high-speed connectivity to keep the customers satisfied.
– This rise in the banking sector also makes it prone to anonymous security threats and cyber attacks. Thus, to avoid these cyber attacks, the application delivery network demands efficient management, spurring the demand for ADCs.
– Furthermore, with blockchain and artificial intelligence coming up, it is expected that the digital payment market will experience a significant boost.
– According to the PIB by the government of India, digital payment transactions have registered tremendous growth. Owing to this rise, India and other Asia-Pacific countries are expected to witness a huge adoption of application delivery controllers for their banking industry network.
Asia-Pacific to register the Fastest CAGR
– Asia-Pacific combines the major economies of the world i.e., India, China, and Japan. The growth of economies in these nations will be optimum for the application delivery controllers market. The end users of ADCs, such as BFSI, healthcare, and IT are increasing rapidly in these countries.
– Although India’s move toward digital payment is new, it is still growing at a tremendous rate. According to a report published by Credit Suisse on “Digital Payment Statistics”, India is witnessing a high penetration of internet speed and consumer awareness toward the digital payment and this is expected to increase at a higher rate. They also forecast that by 2023, the digital payment industry in India will be approximately 1000 USD billion.
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Target Audience of Application Delivery Controllers (ADC) Market:
- Manufacturer / Potential Investors
- Traders, Distributors, Wholesalers, Retailers, Importers and Exporters.
- Association and government bodies.
Key Reasons to Application Delivery Controllers (ADC) Market Report:
- Analyzing various perspectives of the Application Delivery Controllers (ADC) market with the help of Porter’s five forces analysis
- The End User that is expected to dominate the Application Delivery Controllers (ADC) market is analyzed in detail
- The regions which are expected to witness fastest growth during the forecast period are analyzed and estimated for growth of Application Delivery Controllers (ADC) market.
- Identify the latest developments, market shares and strategies employed by the major market players.
- Regional analysis of Application Delivery Controllers (ADC) market studied, during the forecast period
- The segments that are expected to dominate the Application Delivery Controllers (ADC) market studied.
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