Global Load Balancer Market was valued US$ 2.5Bn in 2018 and is expected to reach US$ 8.6Bn by 2026 at a CAGR of 16.7%.
This report focuses on load balancer in the global market. The report covers segmentation by component, load balancer type, deployment mode, organization size and vertical. This report also focuses on the top players in North America, Europe, Asia Pacific, Middle East & Africa, and South America.
The objective of the report is to present a comprehensive assessment of the market and contains thoughtful insights, facts, historical data, industry-validated market data and projections with a suitable set of assumptions and methodology. The report also helps in understanding the global load balancer market dynamics, structure by identifying and analysing the market segments and project the global market size. Further, the report also focuses on the competitive analysis of key players by product, price, financial position, product portfolio, growth strategies, and regional presence. The report also provides PEST analysis, PORTER’s analysis, and SWOT analysis to address questions of shareholders to prioritizing the efforts and investment in the near future to the emerging segment in the global load balancer market.
Load balancers facilitate network traffic distribution to a group of data centres in several geographic locations. They are located at a single site and provide load balancing too many sites or data centres. Load balancers act as internet DNS i.e. domain name system services and provide the IP address to local clients who are accessing data centre services. Increasing awareness between enterprises about the profits of cloud and networking technologies to fuel the demand for load balancing solution and services across the world.
The opportunities of the load balancer market are, exponential growth in global IP traffic and cloud traffic, surging adoption of IoT, AI, and SDN technologies, higher involvement of Vars and load balancer vendors. Major Challenge faced by this market is the implementation of the latest load balancer components in the existing or traditional networking ecosystem.
Large enterprises segment is leading the global market of the load balancer, and the trend is anticipated to continue during the forecast period. The load balancers offer scalability to large enterprises. So, large enterprises are majorly investing in advanced technologies to increase their overall productivity and efficiency.
The IT and telecom segment is dominating the global load balancer market. The telecom sector manages numerous mobile devices and broadband network and technologies, such as video streaming and IoT, which are transforming the overall communication infrastructure and networking scenario. Load balancing in telecom assists in improving the quality of reception by delivering undisrupted connectivity worldwide. It helps in supporting the telecom infrastructure by intelligently routing the traffic to the maximum available resources.
Region-wise, the Asia Pacific has a favourable market for vendors of load balancer solution and services. The Asia Pacific has witnessed major growth in terms of data centre workloads and the trend is expected to continue over the next few years. The growth in data centre workload has led to an increased demand for load balancer solutions in the Asia Pacific region.
The report also studies several growth strategies, such as mergers and acquisitions, partnerships and collaborations, and developments, adopted by main key players to expand their presence in the global load balancer market. NGINX is leading key players of the load balancer market globally. NGINX Company has adopted various organic and inorganic growth strategies. Its organic growth strategies contain new product launches, product up gradations, and business expansions. Through the strategies, NGINX Company is enhancing its product portfolio and expanding its market reach.
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Scope of Global Load Balancer Market
Global Load Balancer Market, By Component
- Hardware
- Software
- Services
o Training and Consulting
o Integration and Deployment
o Support and Maintenance
Global Load Balancer Market, By Load Balancer Type
- Global Load Balancers
- Local Load Balancer
Global Load Balancer Market, By Organization Size
- Small and Medium-Sized Enterprises
- Large Enterprises
Global Load Balancer Market, By Deployment mode
- On-Premises
- Cloud
Global Load Balancer Market, By Vertical
- Banking, Financial Services, and Insurance
- It and Telecom
- Government and Public Sector
- Retail
- Manufacturing
- Energy
- Media and Entertainment
- Healthcare and Life Sciences
- Others
Global Load Balancer Market, by Region
- North America
- Europe
- Asia Pacific
- Middle East and Africa
- South America
Key players operating in Global Load Balancer Market
- NGINX
- AWS
- F5 Networks
- CItrix Systems
- Microsoft
- IBM
- Imperva
- Radware
- Fortinet
- HPE
- A1o Networks
- Kemp Technologies
- Riverbed Technology
- Fastly
- Dialogic
- Avi Networks
- Joyent
- Inlab Software
- Cloudflare
- Zevenet
- Array Networks
- Avanu
- Barracuda Networks
- Loadbalancer.Org
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The Load Balancer Market research report provides the latest industry data, growth, key segments and future trends on the basis of the detailed study.
This market report also allows you to identify the future opportunity and growth rate of the leading segment based on regions and countries.The research report also covers the comprehensive profiles of the key players in the market and an in-depth view of the competitive landscape worldwide.
The major players in the load balancer market include A10 Networks, Array Networks, Barracuda, Brocade, Citrix, F5 Networks, Fortinet, Hangzhou DPtech Technologies Co., Ltd., Kemp Technologies, Radware, Riverbed Technology and Sangfor.
This section includes a holistic view of the competitive landscape that includes various strategic developments such as key mergers & acquisitions, future capacities, partnerships, financial overviews, collaborations, new product developments, new product launches, and other developments.Get more information on "Global Load Balancer Market Research Report" by requesting FREE Sample Copy athttps://www.valuemarketresearch.com/contact/load-balancer-market/download-sampleMarket DynamicsThe increasing adoption of cloud load balancing services along with rising awareness among enterprises about the benefits of cloud and networking technologies is driving market growth.
Growing investments in new digital transformation initiatives by governments are again accelerating market growth.
However, limited bandwidth providers and the lack of access to high-speed internet in some regions across the globe are expected to limit the market growth.
According to a new market research report "Load Balancer Market by Component (Hardware, Software, and Services), Load Balancer Type (Global Load Balancer and Local Load Balancer), Deployment Type, (On-Premises and Cloud), Organization Size, Vertical, and Region - Global Forecast to 2023" published by MarketsandMarkets™, the load balancer market size to reach USD 5.0 billion by 2023 The global load balancer market size is expected to grow from USD 2.6 billion in 2018 to USD 5.0 billion by 2023, at a Compound Annual Growth Rate (CAGR) of 13.7% during the forecast period.Increased awareness among enterprises about the benefits of cloud and networking technologies coupled with increasing network complexity and varied traffic pattern are major growth factors for the global load balancer market.Browse 67 market data Tables and 43 Figures spread through 151 Pages and in-depth TOC on "Load Balancer Market” Download PDF Brochure @ https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=236964606Integration and deployment services segment to grow at the highest CAGR during the forecast periodIntegration and deployment services help enterprises in the efficient deployment of load balancers to provide effective network traffic distribution.
Integration services provide effective integration of vendors’ load balancing offerings with clients’ existing infrastructure and business functions.Global load balancer segment to grow at a higher rate during the forecast periodThe global load balancer segment is expected to grow at a higher CAGR in the load balancer market by load balancer type during the forecast period.
Companies are increasingly deploying server resources at multiple locations that require efficient traffic distribution resulting in an increased demand for load balancers.Cloud-based deployment type segment to grow at a higher rate during the forecast periodThe cloud-based load balancer segment is expected to grow at a higher CAGR in the load balancer market by deployment type during the forecast period.
Cloud-based load balancers use an advanced load balancing technology to meet application traffic demands of organizations that are implementing a private cloud infrastructure.Speak to Research Expert @ https://www.marketsandmarkets.com/speaktoanalystNew.asp?id=236964606APAC to dominate the global load balancer market during the forecast periodThe global load balancer market by region covers North America, Asia Pacific (APAC), Europe, Middle East and Africa (MEA), and Latin America.
Major vendors in the global load balancer market include AWS (US), F5 Networks (US), Citrix Systems (US), Microsoft (US), HPE (US), IBM (US), Google (US), Imperva (US), NGINX (US), Radware (Israel), Fortinet (US), A10 Networks (US), Kemp Technologies (US), Riverbed Technologies (US), Fastly (US), Dialogic (US), Avi Networks (US), Joyent (US), Inlab Software (Germany), Cloudflare, Inc. (US), Zevenet (Spain), Array Networks (US), Avanu (US), Barracuda Networks (US), and loadbalancer.org (UK).About MarketsandMarkets™MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues.
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