The global demand for Load Balancer Market is presumed to reach the valuation of nearly USD XX.X MN by 2026 from USD XX.X in 2019 with a CAGR of X.XX% under the study period of 2020- 2026.
A load balancer is a network device that acts as a reverse proxy and improves the network. It distributes network or application traffic across a number of servers. A load balancer is used to increase the capacity and reliability of applications and improve the overall performance of applications. Also, it decreases the burden on servers by performing the application-specific task.
The 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. Along with this, increased network complexity and varied traffic pattern are further boosting the 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. Whereas, surging adoption of IoT and AI technologies coupled with exponential growth in global IP (Internet Protocol) traffic and cloud traffic is likely to create potential opportunity in upcoming years.
The report covers Porter’s Five Forces Model, Market Attractiveness Analysis and Value Chain analysis. These tools help to get a clear picture of the industry’s structure and evaluate the competition attractiveness at a global level.
Additionally, these tools also give inclusive assessment of each application/product segment in the global market of load balancer.
The entire load balancer market has been sub-categorized into type and application. The report provides an analysis of these subsets with respect to the geographical segmentation. This research study will keep marketer informed and helps to identify the target demographics for a product or service.
- <10 Gbps Type
- 10~40 Gbps Type
- >40 Gbps Type
- IT & Telecom
This section covers regional segmentation which accentuates on current and future demand for load balancer market across North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa. Further, the report focuses on demand for individual application segment across all the prominent regions.
Europe Load Balancer Market By Revenue (USD MN)
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.
This market research report has been produced by gathering information on the basis of primary and secondary research. Secondary research has been done by using various sources which include (but not limited to) Company Websites, Paid Data Sources, Technical Journals, Financial Reports, SEC Filings, and other different industry publications.
If specific information is required which is not currently within the scope of the report, it can be provided as a part of customization.