Global Load Balancer Market Growth 2023-2029

Global Load Balancer Market Growth 2023-2029

Product Code:457376

Published Date: Feb 08,2023

Pages: 103

Region: Global

Category: Internet & Communication

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This report studies the Load Balancer market. A load balancer is a device that acts as a reverse proxy and distributes network or application traffic across a number of servers.

LPI (LP Information)' newest research report, the “Load Balancer Industry Forecast” looks at past sales and reviews total world Load Balancer sales in 2022, providing a comprehensive analysis by region and market sector of projected Load Balancer sales for 2023 through 2029. With Load Balancer sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Load Balancer industry.

This Insight Report provides a comprehensive analysis of the global Load Balancer landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Load Balancer portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Load Balancer market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Load Balancer and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Load Balancer.

The global Load Balancer market size is projected to grow from US$ 1554.4 million in 2022 to US$ 3021.2 million in 2029; it is expected to grow at a CAGR of 3021.2 from 2023 to 2029.

Global Load Balancer key players include F5 Networks, Citrix, A10 Networks, Radware, Brocade, etc. Global top five manufacturers hold a share over 70%. North America is the largest market, with a share over 40%, followed by Europe and China, total have a share over 35 percent. In terms of product, Below 10 Gbps Type is the largest segment, with a share over 55%. And in terms of application, the largest application is IT & Telecom, followed by BFSI, and Government & Public Utilities.

This report presents a comprehensive overview, market shares, and growth opportunities of Load Balancer market by product type, application, key manufacturers and key regions and countries.

Market Segmentation:
Segmentation by type
    Below 10 Gbps Type
    10 - 40 Gbps Type
    Above 40 Gbps Type

Segmentation by application
    IT & Telecom
    BFSI
    Government
    Others

This report also splits the market by region:
    Americas
        United States
        Canada
        Mexico
        Brazil
    APAC
        China
        Japan
        Korea
        Southeast Asia
        India
        Australia
    Europe
        Germany
        France
        UK
        Italy
        Russia
    Middle East & Africa
        Egypt
        South Africa
        Israel
        Turkey
        GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
    F5 Networks
    Citrix
    A10 Networks
    Radware
    Brocade
    Kemp Technologies
    Riverbed Technology
    Sangfor
    Fortinet
    Barracuda
    Array Networks
    Hangzhou DPtech Technologies

Key Questions Addressed in this Report
What is the 10-year outlook for the global Load Balancer market?
What factors are driving Load Balancer market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Load Balancer market opportunities vary by end market size?
How does Load Balancer break out type, application?
What are the influences of COVID-19 and Russia-Ukraine war?