Load Balancer Market size is expected grow at a compound annual growth rate of 15.5% in the forecast period of 2019 to 2026 due to the high adoption cloud load balancing services, data center traffic and server virtualization which is primarily driving the market growth rate. Beside this, the high growth in global IP traffic and cloud traffic along with surging adoption of IOT, AI, and SDN technologies and higher participation of vars and load balancer vendors will produce lucrative opportunities for the growth of the load balancer market.
Load Balancer Market Scenario
According to Data Bridge Market Research the market for load balancer is accelerating because of the rising investments in new digital transformation initiatives by governments. Also the, advancements in the networking infrastructure across the world and increasing network complexity and varied traffic pattern are also expected to fuel the demand of the load balancer market over the forecast period of 2019 to 2026. Whereas, the inadequate bandwidth providers and the dearth of access to high-speed internet will obstruct the growth of the load balancer market in the above mentioned forecast period.
Now the question is which are the other regions that load balancer market is targeting? Data Bridge Market Research has estimated large growth in Asia-Pacific in terms of data center workloads which has led to an increased demand for load balancer solutions within the region.
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Load Balancer Market Development
- In May 2020, Kemp had announced the release of free unlimited capacity load balancer into India. This load balancer offer extends relief to India subcontinent to help make sure continuous application accessibility. The launch will help the company to expand its brand value and will also enhance its market presence particularly India.
Load Balancer Market Scope
Load balancer market is segmented on the basis of countries into the U.S., Canada and Mexico in North America, Brazil, Argentina and Rest of South America as part of South America, Germany, Italy, U.K., France, Spain, Netherlands, Belgium, Switzerland, Turkey, Russia, Rest of Europe in Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA).
- All country based analysis of load balancer market is further analyzed based on maximum granularity into further segmentation. On the basis of component, load balancer market is segmented into hardware, software and services. On the basis of load balancer type, load balancer market is segmented into local load balancer and global load balancer. On the basis of deployment type, load balancer market is segmented into on-premises and cloud. On the basis of organization size, load balancer market is segmented into small and medium-sized enterprises and large enterprises. On the basis of vertical, load balancer market is segmented into banking, financial services, and insurance, IT and telecom, government and public sector, media and entertainment, retail, manufacturing, healthcare and life sciences and energy and others.
- Load balancing is the type of physical device that used for proficient distribution of network traffic across different servers in server pool or server farm. Each load balancer accumulates between backend servers and user devices, delivery and then distributing requests to any obtainable server having capability of fulfilling them.
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Key Pointers Covered in the Load Balancer Market Industry Trends and Forecast to 2026
- Market Size
- Market New Sales Volumes
- Market Replacement Sales Volumes
- Market Installed Base
- Market By Brands
- Market Procedure Volumes
- Market Product Price Analysis
- Market Cost of Care Analysis
- Market Shares in Different Regions
- Recent Developments for Market Competitors
- Market Upcoming Applications
- Market Innovators Study
Key Market Competitors Covered in the Report
- Amazon Web Services, Inc.
- F5 Networks, Inc.
- Citrix Systems, Inc.
- Microsoft
- IBM
- 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.
- SANGFOR TECHNOLOGIES INC.
- Hangzhou DPtech Technologies Co., Ltd
Above are the key players covered in the report, to know about more and exhaustive list of load balancer companies’ contact us https://www.databridgemarketresearch.com/ar/toc/?dbmr=global-load-balancer-market
Research Methodology of Global Load Balancer Market
Data collection and base year analysis is done using data collection modules with large sample sizes. The market data is analyzed and forecasted using market statistical and coherent models. Also market share analysis and key trend analysis are the major success factors in the market report. To know more please request an analyst call or can drop down your enquiry.
The key research methodology used by DBMR research team is data triangulation which involves data mining, analysis of the impact of data variables on the market, and primary (industry expert) validation. Apart from this, data models include Vendor Positioning Grid, Market Time Line Analysis, Market Overview and Guide, Company Positioning Grid, Company Market Share Analysis, Standards of Measurement, Top to Bottom Analysis and Vendor Share Analysis. To know more about the research methodology, drop in an inquiry to speak to our industry experts.
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