Information Technology & Telecommunication / Load Balancer Market - Growth, Trends And Forecast (2022 - 2027) By Types, By Application, By Regions And By Key Players: F5 Networks, Citrix, A10 Networks, Radware
Load Balancer Market - Growth, Trends And Forecast (2022 - 2027) By Types, By Application, By Regions and By Key Players: F5 Networks, Citrix, A10 Networks, Radware
Acknowledging the kind of traction gained by this market, recently published a study report by industry data analytics asserts the global size is projected to accrue voluminously by 2027 registering a phenomenal CAGR of 12.15% during the review period (2022 to 2027)
Load Balancer Market Overview
A load balancer is a device that contraries proxy and allocates network or request traffic to various servers. It directly forwards its workload to a backup server if a server fails and alleviates the impact on end users. It helps perform exact tasks and increase the capacity and dependability of applications, thereby improving their general presentation by decreasing the load on servers related with managing and maintaining application and network sessions. Besides this, as they are scalable, flexible, efficient and assists in reducing downtime, the utilization of load balancers is increasing in retail, energy, industrial, info and technology (IT) and telecom, and other sectors crossways the globe.
Global load balancers enable network traffic delivery to a group of data centers in various physical locations. These load balancers are situated at a single site and provide load balancing to multiple sites or data centers. Global load balancers act as Internet DNS facilities and deliver the IP speech to local clients who are accessing data center services. Global load balancers are expected to witness significant adoption due to growth in interconnected data center substructures which need efficient load balancing to bring best presentation.
Recent Development:
May 4, 2022: Citrix Systems, Inc. (NASDAQ: CTXS) and Google Cloud announced their commitment to helping customers accelerate and embrace hybrid work models through Desktop as a Service (DaaS) solutions. And they’re delivering on it. The companies announced that two new Citrix DaaS solutions are available for purchase in the Google Cloud Marketplace, making it easier than ever for organizations with Citrix VDI solutions to transition to Citrix DaaS on Google Cloud.
May 3, 2022: Radware® (NASDAQ: RDWR), a leading provider of cyber security and application delivery solutions, announced its consolidated financial results for the first quarter ended March 31, 2022
Who are the Major Players in Load Balancer Market?
Top Key players in the Load Balancer Market have been identified through secondary research, and their market shares have been determined through primary and secondary research. The global Load Balancer Market is fragmented with a large number of small players operating worldwide. The companies referred in the market research report includes F5 Networks, Citrix, A10 Networks, Radware, Brocade, Kemp Technologies, Riverbed Technology, Sangfor, Fortinet, Barracuda, Array Networks, Hangzhou DPtech Technologies and others.
What are the major Applications, Types and Regions for Load Balancer Market?
By Types, Load Balancer Market has been segmented into
<10 Gbps Type
10~40 Gbps Type
>40 Gbps Type
By Application, Load Balancer Market has been segmented into,
IT & Telecom
BFSI
Government
Others
Regional Analysis Of Load Balancer market
APAC conquered the Load Balancer marketplace with a share of more than 35%, shadowed by North America and Europe. The cheap of APAC is majorly influenced by the republics such as China, India, Japan and many other. In these countries, Enterprises in this region need more cost-effective, secure, dependable and well-organized cloud-based load balancers. The technological advancements in this region along with the increasing trend toward cloud-based load halters, are expected to provide added benefits for the growth of the global load balancer market. Therefore, the APAC region is expected to provide important development opportunities for vendors in the load halter market throughout the estimate period.
North America
US
Canada
Europe
Germany
France
UK
Italy
Spain
Rest of Europe
Asia-Pacific
China
Japan
India
Australia
South Korea
Rest of Asia-Pacific
Rest of the World
Middle East & Africa
Latin America
What is our Load Balancer Market report scope?
Report Attributes
Report Details
Forecast Period 2022 to 2028 CAGR
CAGR of 12.15% during the review period (2022 to 2027).
Yes, the report can be customized as per your needs
Key Takeaways from this Load Balancer Report
Evaluate Load Balancer market potential through analyzing growth rates (CAGR %), Volume (Units) and Value ($M) data given at country level - for product types, end use applications and by different industry verticals.
Understand the different dynamics influencing the market - key driving factors, challenges and hidden opportunities.
Get in-depth insights on your competitor performance - market shares, strategies, financial benchmarking, product benchmarking, SWOT and more.
Analyze the sales and distribution channels across key geographies to improve top-line revenues.
Understand the industry supply chain with a deep dive on the value augmentation at each step, in order to optimize value and bring efficiencies in your processes.
Get a quick outlook on the Load Balancer market entropy - M&A's, deals, partnerships, product launches of all key players for the past 4 years.
Evaluate the supply-demand gaps, import-export statistics and regulatory landscape for more than top 20 countries globally for the market.
All our reports are customizable to your company needs to a certain extent, we do provide 5 free consulting hours along with purchase of each report, and this will allow you to request any additional data to customize the report to your needs.
Frequently Asked Question -
What was the global load balancer market size in 2022?
The global load balancer market attained a value of nearly USD 3.83 billion.
What is the growth rate of the market?
The market is projected to grow at a CAGR of 12.15% between 2022 and 2027.
What is the forecast outlook of the market for 2022-2027?
The market is assessed to witness a healthy growth in the forecast period of 2022-2027 to reach a value of about USD 7.88 billion by 2027.
What are the major industry drivers?
The major industry drivers for load balancer include the use of cloud-based technologies, expansion in the artificial intelligence, and investment by government agencies, among others.
INTRODUCTION
MARKET DEFINATION
MARKET DYNAMICS
MARKET SEGMENTATION
REPORT TIMLINES
KEY STAKEHOLDERS
RESEARCH METHODOLOGY
DATA MINING
SECONDARY RESEARCH
PRIMARY RESEARCH
SUBJECT MATTER EXPERT ADVICE
QUALITY CHECK
FINAL REVIEW
DATA TRIANGULATION
BOTTOM-UP APPROACH
TOP-DOWN APPROACH
RESEARCH FLOW
EXECUTIVE SUMMARY
INTRODUCTION
GLOBAL LOAD BALANCER MARKET BY TYPE
GLOBAL LOAD BALANCER MARKET BY APPLICTAION
MARKET DYNAMICS
DRIVERS
INCREASING LOAD BALANCER MARKET
RESTRAINTS
STRINGENT ENVIRONMENTAL REGUALTIONS
HIGH COST ON MATERIALS
OPPORTUNITIES
LOAD BALANCER MARKET GROWTH
APPLICATION OF LOAD BALANCER MARKET IMPACT OF COVID 19
SECONDARY RESEARCH Secondary Research Information is collected from a number of publicly available as well as paid databases. Public sources involve publications by different associations and governments, annual reports and statements of companies, white papers and research publications by recognized industry experts and renowned academia etc. Paid data sources include third party authentic industry databases.
PRIMARY RESEARCH Once data collection is done through secondary research, primary interviews are conducted with different stakeholders across the value chain like manufacturers, distributors, ingredient/input suppliers, end customers and other key opinion leaders of the industry. Primary research is used both to validate the data points obtained from secondary research and to fill in the data gaps after secondary research.
MARKET ENGINEERING The market engineering phase involves analyzing the data collected, market breakdown and forecasting. Macroeconomic indicators and bottom-up and top-down approaches are used to arrive at a complete set of data points that give way to valuable qualitative and quantitative insights. Each data point is verified by the process of data triangulation to validate the numbers and arrive at close estimates.
EXPERT VALIDATION The market engineered data is verified and validated by a number of experts, both in-house and external.
REPORT WRITING/ PRESENTATION After the data is curated by the mentioned highly sophisticated process, the analysts begin to write the report. Garnering insights from data and forecasts, insights are drawn to visualize the entire ecosystem in a single report.
