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Load Balancer Market Analysis- Industry Size, Share, Research Report, Insights, Covid-19 Impact, Statistics, Trends, Growth and Forecast 2022-2030

Published Date: July, 2022
No of Pages: 168
Delivery Format: PDF+ Excel

$2,950.00

The global load balancer market was worth $3.39 billion in 2019. It is expected to grow at a 12.9% CAGR between 2020 and 2027. A load balancer distributes network traffic or applications across a group of servers. Its primary function is to balance the load. This manages information flow between the server’s endpoint devices and the server. The core load balancing capabilities of the server include L4 (L4) load balancing and L7 (L7) load balancing. Content switching is also available. Local and global server load balancing is (GSLB).

The major drivers of the global load balancing market are the proliferation of cloud load balancing and server virtualization services, government investments in new digital transformation initiatives, and an increase in data center traffic. The market is expected to grow due to a rapid rise in global IP traffic, an increase in network connectivity, various traffic patterns, and improvements in the networking infrastructure within the telecommunications industry. The market for load balancers is expected to be constrained by a lack of high-speed providers and the complications involved in implementing advanced load balancer parts within a traditional networking ecosystem. However, the growth of the global market is expected to be aided by the integration of IoT and AI with loadable, as well as the rise in demand from SMEs for load bales during the analysis period.

The global load balancer segment will dominate the overall market for load balancers in 2027 based on type. This is because they can provide mission-critical business continuity and global disaster recovery support in case of regional or site-level outages.

According to industry verticals, the IT & telecom market accounted for the largest global load balancer market share in 2019. This is because data center servers are the primary end-users load balancers. This segment is also being driven by digital transformation worldwide and the rise of cloud migration services.

North America held the largest market share in 2019 due to its high ICT spending and early adoption of advanced technologies. North America is a promising market for new technologies, services, and products due to its high investment potential and development. The North American load balancer market is driven by the need for better web services and the continuous evolution of technology.

The report examines the global load balancer market trends, growth prospects, and restraints. The study also includes Porter’s five force analysis of the industry, which helps to understand the impact of various factors, such as the bargaining power and competitive intensity of competitors, the threat from new entrants, substitutes, and the bargaining power for buyers on the growth in the load balancer market.

Segment review

The global load balancer market can be divided into components, product type and deployment, region, enterprise size, vertical industry, and region. The market can be divided into three components: hardware, software, or services. It is divided into two types of products: local load balancers and global load balancers. It can be classified into on-premises or cloud, depending on the deployment. The market for load balancers is divided by enterprise size into small and medium enterprises and large enterprises. Industry verticals break it down into BFSI and IT & Telecom, retail, government manufacturing, media entertainment, healthcare, and others. It is divided into regions: North America, Europe, and Asia-Pacific.

Google LLC, Imperva, Inc., Radware Ltd., F5 Networks, Inc., Citrix System, Inc., IBM Corporation, A10 Networks, Inc., Microsoft Corporation, Kemp Technologies, Inc., Amazon Web Services, Inc. are the key players in the global load-balancing market analysis.

The Impact of the COVID-19 Pandemic On Load Balancing Market:

The growth load balancer market will benefit from the emergence of COVID-19. Cloud service providers (CSPs) realize that service interruptions can negatively impact their brand. CSPs focus on global and local load balancing to ensure business continuity. They also use WAN and web performance optimization to reduce latency and implement disaster recovery plans. Due to remote working, the demand for load balancing across will also increase.

Top influencing factors

Cloud-based load balancing services are used in high numbers in data centers to manage data traffic and server virtualization.

The fastest growing industry in cloud adoption is IT and telecommunications. Due to increasing interconnectivity, many organizations are now focusing on responding quickly to the user or client requests. Cloud adoption has increased, particularly for storage and applications. This has increased the need for efficient load balancing on multi-load servers. The rise in cloud adoption is a significant factor in the growth of global load balancer markets.

Industries are moving to multi-cloud computing and cloud computing in recent years due to increased interactions via digital platforms by individuals worldwide. This has created massive data silos, continuing to generate data in the current cloud adoption trend. Data exchange and interconnection over networks have become a necessity. The telecommunications and IT industry are increasing capitalization to invest significantly in infrastructure and network technologies.

The transformation of telecommunications infrastructure has led to increased network complexity and various traffic patterns.

The way load balancers have transformed the telecommunications industry works. The telecommunication industry has been forced to implement load balancing solutions due to the proliferation of trends like internet connectivity, Wi-Fi, work from home, and 4G technology. These trends have led to a rise in traffic patterns, contributing to the market’s growth.

The market has seen a significant increase in growth because data center load balancing is essential. Cloud-native applications have been deployed in public clouds and data centers by many enterprises. This has increased the load balancer capabilities, with features like cloud traffic distribution on multiserver mode and predictive bottleneck detection. The increased demand for load balancers in the telecom industry is driving the growth of virtual and network traffic load balancing.

The Emergence of IoT and AI.

The market for load balancing has seen a rise in its use due to the increased penetration of connected devices. This is expected to continue to drive growth in the next years. IoT environment is also driving load balancer adoption. Interconnectivity of devices demands high request handling capabilities.

Multi-access edge computing and the high adoption of sensors across various industries worldwide are further driving the growth in the load balancer market. The demand for load balancer components is growing rapidly because of the high response time required by artificial intelligence products. Advanced technologies also require highly-performing systems capable of managing and handling a tremendous workload. This will drive the future deployment of load balancers.

Further, the emergence of software-defined networking technologies and innovations in platform-independent apps is expected to provide remuneration opportunities for market expansion.

Key Benefits for Stakeholders

  • This study analyzes the global load-balancing market forecast and trends to identify the most promising investment areas.
  • This report provides information about key drivers, limitations, and global market opportunities.
  • To highlight the financial strength of the load-balancing industry, the current market size has been quantitatively analyzed from 2019 to 2027.
  • Porter’s Five Forces analysis illustrates the power of buyers and suppliers in the global market.

Load Balancer Market Report Scope and Segmentation

ATTRIBUTESDETAILS
ESTIMATED YEAR2022
BASE YEAR2021
FORECAST YEAR2030
HISTORICAL YEAR2017-2021
UNITValue (USD Million/Billion)
BY REGIONNorth America, Europe, Asia Pacific, Latin America, Middle East and Africa

Key Market Segments

    • By Component
      • Hardware
      • Software
      • Services
    • Sort by Type
      • Load balancers in your area
      • Global Load Balancing
    • By deployment
      • On-Premise
      • Cloud
    • By Enterprise Size
      • Large Enterprises
      • Small and Medium Enterprises (SMEs).
    • Vertical by Industry
      • BFSI
      • IT & Telecom
      • Retail
      • Government
      • Manufacturing
      • Media & Entertainment
      • Healthcare
      • Other
    • By Region
      • North America
        • US
        • Canada
        • Mexico
      • Europe
        • Germany
        • Italy
        • France
        • UK
        • Spain
        • Poland
        • Russia
        • The Netherlands
        • Norway
        • Czech Republic
        • Rest of Europe
      • Asia Pacific
        • China
        • Japan
        • India
        • South Korea
        • Indonesia
        • Malaysia
        • Thailand
        • Singapore
        • Australia & New Zealand
        • Rest of Asia Pacific
      • South America
        • Brazil
        • Argentina
        • Colombia
        • Rest of South America
      • The Middle East & Africa
        • Saudi Arabia
        • UAE
        • South Africa
        • Northern Africa
        • Rest of MEA

 

Key Market Participants

  • A10 NETWORKS, INC.
  • AMAZON WEB Services, INC.
  • CITRIX SYSTEMS INC.
  • F5, INC.
  • GOOGLE LLC
  • IMPERVA
  • INTERNATIONAL BUSINESS MACHINES COMMUNITY
  • KEMP TECHNOLOGIES INC.
  • MICROSOFT CORPORATION
  • RADWARE

 

Chapter 1 Methodology and Scope
1.1 Research Methodology
1.2 Research Scope and Assumptions
1.2.1 Purchased Database
1.2.2 GVR’S Internal Database
1.2.3 List of secondary sources
1.2.4 Primary Research
1.3 List of Data sources
1.4 Market Formulation &Publishing
1.5 Data Validation & Publishing
Chapter 2 Executive Summary
2.1 Load balancer market – Industry Snapshot & Key Buying Criteria, 2017 – 2030
2.2 Global Load Balancer Market, 2017 – 2030 (USD Million)
2.2.1 Global Load Balancer Market, By Region, 2017 – 2030 (USD Million)
2.2.2 Global Load Balancer Market, By Component, 2017 – 2030 (USD Million)
2.2.3 Global Load Balancer Market, By Service, 2017 – 2030 (USD Million)
2.2.4 Global Load Balancer Market, By Type, 2017 – 2030 (USD Million)
2.2.5 Global Load Balancer Market, By Deployment, 2017 – 2030 (USD Million)
2.2.6 Global Load Balancer Market, By Enterprise Size, 2017 – 2030 (USD Million)
2.2.7 Global Load Balancer Market, By End-use, 2017 – 2030 (USD Million)
Chapter 3 Load Balancer Market: Industry Outlook
3.1 Market Segmentation and Scope
3.2 Market Size and Growth Prospects
3.3 Load Balancer Market Variable Analysis
3.3.1 Market Driver Analysis
3.3.2 Market Restraint/Challenge Analysis
3.4 Value Chain Analysis
3.5 Market Analysis Tools
3.5.1 Load balancer Industry Analysis – Porter’s Five Forces
3.5.2 Load balancer Industry Analysis – PEST
3.6 Impact of COVID – 19 on Load Balancer Market
Chapter 4 Load Balancer Market: Component Segment Analysis
4.1 Load Balancer Market: By Component Segment Outlook & Market Share,2021 and 2030
4.2 Hardware
4.2.1Hardwareload balancer market, by region, 2017 – 2030 (USD Million)
4.3 Software
4.3.1 Software load balancer market, by region, 2017 – 2030 (USD Million)
4.4 Services
4.4.1 Services load balancer market, by region, 2017 – 2030 (USD Million)
Chapter 5 Load Balancer Market: Service Segment Analysis
5.1 Load Balancer Market: By Services Segment Outlook & Market Share, 2021 and 2030
5.2 Training and Consulting
5.2.1 Training and consulting load balancer market, By region, 2017 – 2030 (USD Million)
5.3 Integration and Deployment
5.3.1 Integration and deployment load balancer market, By region, 2017 – 2030 (USD Million)
5.4 Support and Maintenance
5.4.1 Support and maintenance load balancer market, By region, 2017 – 2030 (USD Million)
Chapter 6 Load Balancer Market: Type Segment Analysis
6.1 Load Balancer Market: By Type Segment Outlook & Market Share, 2021 and 2030
6.2 Local load balancer
6.2.1 Local load balancer market, By region, 2017 – 2030 (USD Million)
6.3 Global load balancer
6.3.1 Global load balancer load balancer market, By region, 2017 – 2030 (USD Million)
Chapter 7 Load Balancer Market: Deployment Segment Analysis
7.1 Load Balancer Market: By Deployment Segment Outlook & Market Share, 2021 and 2030
7.2 Cloud
7.2.1 Cloud load balancer market, By region, 2017 – 2030 (USD Million)
7.3 On-premise
7.3.1 On-premise load balancer market, By region, 2017 – 2030 (USD Million)

  • By Component
    • Hardware
    • Software
    • Services
  • Sort by Type
    • Load balancers in your area
    • Global Load Balancing
  • By deployment
    • On-Premise
    • Cloud
  • By Enterprise Size
    • Large Enterprises
    • Small and Medium Enterprises (SMEs).
  • Vertical by Industry
    • BFSI
    • IT & Telecom
    • Retail
    • Government
    • Manufacturing
    • Media & Entertainment
    • Healthcare
    • Other
  • A10 NETWORKS, INC.
  • AMAZON WEB Services, INC.
  • CITRIX SYSTEMS INC.
  • F5, INC.
  • GOOGLE LLC
  • IMPERVA
  • INTERNATIONAL BUSINESS MACHINES COMMUNITY
  • KEMP TECHNOLOGIES INC.
  • MICROSOFT CORPORATION
  • RADWARE

 

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