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Global Load Balancer Market, By Component (Hardware, Software and Services), Load Balancer Type (Local Load Balancer and Global Load Balancer), Deployment Type (On-Premises and Cloud), Organization Size (Small and Medium-Sized Enterprises and Large Enterprises), 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), Country (U.S., Canada, Mexico, Brazil, Argentina, Rest of South America, Germany, France, Italy, U.K., Belgium, Spain, Russia, Turkey, Netherlands, Switzerland, Rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, U.A.E, Saudi Arabia, Egypt, South Africa, Israel, Rest of Middle East and Africa) Industry Trends and Forecast to 2028
Surge in the adoption of advanced technologies such as artificial intelligence and internet of things, growing need to manage and analyse organizational data effectively and efficiently and rising number of load balancer vendors especially in the developing economies are the major factors attributable to the growth of the load balancer market. Data Bridge Market Research analyses that the load balancer market will exhibit a CAGR of 13.30% for the forecast period of 2021-2028. Therefore, the load balancer market value would stand tall by USD 10.08 billion by 2028.
Load balancer is a device that is used to effectively and efficiently distribute the network traffic over multiple servers. Load balancers are efficient in managing the unending information between the server and an endpoint device. Load balancers further provide high reliability by sending requests to online servers.
Rising deployment of technologies and solutions that enhance the performance and reduce the operational and production costs will emerge as the major market growth driving factor. Surge in the rate of digitization especially in the emerging economies, growing number of small and medium scale enterprises especially in the developing economies and surge in the adoption of advanced data traffic management solutions will further aggravate the growth of the market. Growing adoption of cloud-based load balancing services and increased awareness regarding the advantages of cloud and network technologies are some other factors bolstering the growth of the market.
However, lack of skilled workforce and technological expertise in underdeveloped and developing economies and lack of strong broadband infrastructure will act as a growth restraint for the market. Difficult implementation of new load balancer modules will yet again hamper the market growth rate. Also, presence of providers offering limited bandwidth will also hamper the market growth rate.
This load balancer market report provides details of new recent developments, trade regulations, import export analysis, production analysis, value chain optimization, market share, impact of domestic and localised market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographical expansions, technological innovations in the market. To gain more info on load balancer market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
The load balancer market is segmented on the basis of component, load balancer type, deployment type, organization size and vertical. The growth amongst the different segments helps you in attaining the knowledge related to the different growth factors expected to be prevalent throughout the market and formulate different strategies to help identify core application areas and the difference in your target market.
The load balancer market is analysed and market size, volume information is provided by country, component, load balancer type, deployment type, organization size and vertical as referenced above.
The countries covered in the load balancer market report are U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, Israel, Egypt, South Africa, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.
North America dominates the load balancer market and will continue to flourish its trend of dominance during the forecast period owing to the rising focus on technological advancements and earliest adoption of internet of things. Asia-Pacific will however, register the highest CAGR for this period. This is because of the growing acceptance of cloud-based solutions and surging number of small scale businesses.
The country section of the load balancer market report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points such as consumption volumes, production sites and volumes, import export analysis, price trend analysis, cost of raw materials, down-stream and upstream value chain analysis are some of the major pointers used to forecast the market scenario for individual countries. Also, presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
The load balancer market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to load balancer market.
The major players covered in the load balancer report are Cisco Systems, Inc., Amazon Web Services, Inc., IBM, Microsoft, Google LLC, Citrix Systems, Inc., F5, Inc., Imperva., Radware, Fortinet, Inc., A10 Networks, Inc., Palo Alto Networks., Check Point Software Technologies Ltd., NortonLifeLock Inc., Forcepoint, CyberArk Software Ltd., Kemp Technologies, Riverbed Technology., Fastly, Inc and Dialogic Corporation among other domestic and global players. Market share data is available for global, North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America separately. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.
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Data collection and base year analysis are done using data collection modules with large sample sizes. The stage includes obtaining market information or related data through various sources and strategies. It includes examining and planning all the data acquired from the past in advance. It likewise envelops the examination of information inconsistencies seen across different information sources. The market data is analysed and estimated 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 drop down your inquiry.
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. Data models include Vendor Positioning Grid, Market Time Line Analysis, Market Overview and Guide, Company Positioning Grid, Patent Analysis, Pricing Analysis, Company Market Share Analysis, Standards of Measurement, Global versus Regional and Vendor Share Analysis. To know more about the research methodology, drop in an inquiry to speak to our industry experts.
Data Bridge Market Research is a leader in advanced formative research. We take pride in servicing our existing and new customers with data and analysis that match and suits their goal. The report can be customized to include price trend analysis of target brands understanding the market for additional countries (ask for the list of countries), clinical trial results data, literature review, refurbished market and product base analysis. Market analysis of target competitors can be analyzed from technology-based analysis to market portfolio strategies. We can add as many competitors that you require data about in the format and data style you are looking for. Our team of analysts can also provide you data in crude raw excel files pivot tables (Fact book) or can assist you in creating presentations from the data sets available in the report.
