F5 achieves the acquisition with NGINX.
F5 Networks, a global leader in multi-cloud application services, today announced the completion of its acquisition of NGINX, an open source application delivery leader. F5 revealed in March 2019, that it had reached an agreement to buy NGINX. The new company will be able to provide multi-cloud application services in all environments while maintaining user-friendliness.
The IT & Telecom industry segment is projected to have the fastest growth in the Global Application Delivery Controllers (ADC) Market.
Cloud networking is becoming increasingly popular among end-user industries. During the forecast period, the IT & Telecom sector is expected to expand at the fastest pace. The advent of Bring Your Own Device (BYOD) and Choose Your Own Device (CYOD) in the IT & telecom sector is expected to have a positive effect on industry growth in the coming years. The growth of new companies in emerging economies is expected to boost demand for cloud-based solutions even further. For instance, F5 BIG-IP®, the new generation of application delivery controllers’ product family, can perform a wider range of tasks, such as rate shaping and SSL offloading, as well as acting as a web application firewall.
In a recent research report by Maximize Market Research, the Application Delivery Controllers (ADC) Market is expected to surpass US $XX Billion by the year 2026, from US $XX Billion in 2019.
Despite a huge decline in the sales of products during the initial phase of pandemic spread and lockdown restrictions all over the region, the market is observed to pick up a quick pace for registering a CAGR of almost more than XX%, during the tenure of 2020 – 2026.
The report published by Maximize encompasses the market dynamics, which could affect the market growth of white goods in the region, the Value – Chain analysis, and the PORTER’s analysis for the white goods market at a global level.
The study is consolidated on the basis of two major segments and further into sub-segments, Deployment Type (Hardware-based and Virtual), Enterprise Size (Small & Medium Enterprise and Large Enterprise), End-Users (BFSI, IT & Telecom, Government, Hospital, Retail, and others), to forecast the market size by value; also includes the analysis of past market dynamics from 2016 – 2019, considering 2019 as the base year.
Lastly, the market research report provides a regional comparison and a complete country-level analysis for the latest trends, along with the major key players -Barracuda Networks, Citrix Systems, Array Networks Inc., Fortinet, Juniper Networks Inc., F5 Networks Inc., A10 Networks, Radware, Total Uptime, Kemp Technologies, Cloudflare, Brocade Communication, Riverbed, Evanssion, NFWare, Snapt, and others.
You can browse the market data Tables and Figures spread through a comprehensive research report and in-depth TOC on “Global Application Delivery Controllers (ADC) Market.”
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