load balancer market is set to witness a healthy CAGR of 15.5% in the forecast period of 2020 -2026. Load balancing is the physical device which used for efficient distribution of network traffic across various servers in server pool or server farm. Every load balancer assembles between backend servers and client devices, delivery and then distributing requests to any available server having capacity of fulfilling them.
Major Market Competitors/Players
Few of the major competitors currently working in the global load balancer market are Amazon Web Services, Inc., F5 Networks, Inc., Citrix Systems, Inc., Microsoft, , IBM, Google, Imperva, NGINX Inc., Radware, Fortinet, Inc., A10 Networks, Inc, Kemp Technologies, Inc., Riverbed Technology, Fastly, Inc., Dialogic Corporation, Avi Networks, Joyent, IncInlab Networks GmbH, Cloudflare, Inc., ZEVENET, Array Networks, Inc., AVANU, Inc., Barracuda Networks, Inc., Loadbalancer.org Limited, SANGFOR TECHNOLOGIES INC., Hangzhou DPtech Technologies Co., Ltd. among others.
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Segmentation: Global Load Balancer Market
- By Component (Hardware, Software and Services)
- By Load Balancer Type (Local Load Balancer and Global Load Balancer)
- By Deployment Type (On-Premises and Cloud)
- By Organization Size (Small and Medium-Sized Enterprises and Large Enterprises)
- By Vertical (Banking, Financial Services, and Insurance, IT and Telecom, Government and Public Sector, Media and Entertainment, Retail, Manufacturing, Healthcare and Life Sciences, Energy and Others)
- By Geography (North America, Europe, Asia-Pacific, South America, Middle East and Africa)
Competitive Analysis: Global Load Balancer Market
Global load balancer market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of load balancer market for Global, Europe, North America, Asia-Pacific, South America and Middle East & Africa.
Market Drivers:
- Favourable government initiatives and rising investments in digitization will drive the market growth
- Rising adoption of data center traffic, cloud-based load balancing services is another factor boosting the market growth
- increasing investments along with favourable government initiatives in digitization also acts as a market driver in the forecast period
- Rising awareness regarding the advantages of cloud and network technologies will also augment this market growth
Market Restraints:
- Less bandwidth providers is expected to restrict the growth of the market
- Difficult implementation of newer load balancer module in traditional networking ecosystem is also restricting the overall adoption of these market
- Lack of access of high speed internet is another factor hampering the market growth
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Key Insights in the report:
- Complete and distinct analysis of the market drivers and restraints
- Key market players involved in this industry
- Detailed analysis of the market segmentation
- Competitive analysis of the key players involved
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Related Reports:
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.
