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PUBLISHER: IMARC | PRODUCT CODE: 1390761
PUBLISHER: IMARC | PRODUCT CODE: 1390761
Load Balancer Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028
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Abstract
The global load balancer market size reached US$ 4.8 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 10.1 Billion by 2028, exhibiting a growth rate (CAGR) of 13.20% during 2022-2028.
A load balancer is a device that reverses proxy and distributes network or application traffic to various servers. It immediately redirects its workload to a backup server if a server fails and mitigates the impact on end users. It helps perform specific tasks and increase the capacity and reliability of applications, thereby improving their overall performance by decreasing the burden on servers associated 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, manufacturing, information and technology (IT) and telecom, and other sectors across the globe.
Load Balancer Market Trends:
Due to rising interconnectivity, organizations worldwide are focusing on responding faster to clients or user requests. Moreover, the growing number of internet users on account of the boosting sales of smartphones and the increasing penetration of the internet are positively influencing the adoption of the cloud. This, in turn, is propelling the demand for load balancers around the world. Apart from this, the proliferation of internet connectivity, server virtualization, and the rising adoption of connected devices and the remote working model is strengthening the growth of the market. The surge in data center traffic due to increasing machine-to-machine connectivity in developing economies is also impelling the growth of the market. Additionally, leading players are continuously working on innovating and upgrading load balancer solutions to compete in the market effectively. Furthermore, due to the outbreak of coronavirus disease (COVID-19), several enterprises are shifting towards digital transformation. This can also be accredited to rising investments by governing agencies in network infrastructure, which is projected to stimulate the growth of the market.
Key Market Segmentation:
IMARC Group provides an analysis of the key trends in each sub-segment of the global load balancer market report, along with forecasts at the global, regional and counrty level from 2023-2028. Our report has categorized the market based on type, component, deployment mode, enterprise size and end use industry.
Breakup by Type:
Local Load Balancers
Global Load Balancers
Breakup by Component:
Hardware
Software
Services
Breakup by Deployment Mode:
On-premises
Cloud-based
Breakup by Enterprise Size:
Small and Medium-sized Enterprises
Large Enterprises
Breakup by End Use Industry:
BFSI
IT and Telecom
Retail
Government
Manufacturing
Media and Entertainment
Healthcare
Others
Breakup by Region:
North America
United States
Canada
Asia-Pacific
China
Japan
India
South Korea
Australia
Indonesia
Others
Europe
Germany
France
United Kingdom
Italy
Spain
Russia
Others
Latin America
Brazil
Mexico
Others
Middle East and Africa
Competitive Landscape:
The competitive landscape of the industry has also been examined along with the profiles of the key players being A10 Networks Inc., Amazon Web Services Inc. (Amazon.com Inc), Array Networks Inc., Cisco Systems Inc., Citrix Systems Inc., Cloudflare Inc., F5 Inc., Fastly Inc., Fortinet Inc., Google LLC, Hewlett Packard Enterprise Development LP, International Business Machines Corporation, Microsoft Corporation, Palo Alto Networks Inc. and Radware Ltd.
Key Questions Answered in This Report:
- How has the global load balancer market performed so far and how will it perform in the coming years?
- What has been the impact of COVID-19 on the global load balancer market?
- What are the key regional markets?
- What is the breakup of the market based on the type?
- What is the breakup of the market based on the component?
- What is the breakup of the market based on the deployment mode?
- What is the breakup of the market based on the enterprise size?
- What is the breakup of the market based on the end use industry?
- What are the various stages in the value chain of the industry?
- What are the key driving factors and challenges in the industry?
- What is the structure of the global load balancer market and who are the key players?
- What is the degree of competition in the industry?
Product Code: SR112023A4596
Table of Contents
1 Preface
2 Scope and Methodology
- 2.1 Objectives of the Study
- 2.2 Stakeholders
- 2.3 Data Sources
- 2.3.1 Primary Sources
- 2.3.2 Secondary Sources
- 2.4 Market Estimation
- 2.4.1 Bottom-Up Approach
- 2.4.2 Top-Down Approach
- 2.5 Forecasting Methodology
3 Executive Summary
4 Introduction
- 4.1 Overview
- 4.2 Key Industry Trends
5 Global Load Balancer Market
- 5.1 Market Overview
- 5.2 Market Performance
- 5.3 Impact of COVID-19
- 5.4 Market Forecast
6 Market Breakup by Type
- 6.1 Local Load Balancers
- 6.1.1 Market Trends
- 6.1.2 Market Forecast
- 6.2 Global Load Balancers
- 6.2.1 Market Trends
- 6.2.2 Market Forecast
7 Market Breakup by Component
- 7.1 Hardware
- 7.1.1 Market Trends
- 7.1.2 Market Forecast
- 7.2 Software
- 7.2.1 Market Trends
- 7.2.2 Market Forecast
- 7.3 Services
- 7.3.1 Market Trends
- 7.3.2 Market Forecast
8 Market Breakup by Deployment Mode
- 8.1 On-premises
- 8.1.1 Market Trends
- 8.1.2 Market Forecast
- 8.2 Cloud-based
- 8.2.1 Market Trends
- 8.2.2 Market Forecast
9 Market Breakup by Enterprise Size
- 9.1 Small and Medium-sized Enterprises
- 9.1.1 Market Trends
- 9.1.2 Market Forecast
- 9.2 Large Enterprises
- 9.2.1 Market Trends
- 9.2.2 Market Forecast
10 Market Breakup by End Use Industry
- 10.1 BFSI
- 10.1.1 Market Trends
- 10.1.2 Market Forecast
- 10.2 IT and Telecom
- 10.2.1 Market Trends
- 10.2.2 Market Forecast
- 10.3 Retail
- 10.3.1 Market Trends
- 10.3.2 Market Forecast
- 10.4 Government
- 10.4.1 Market Trends
- 10.4.2 Market Forecast
- 10.5 Manufacturing
- 10.5.1 Market Trends
- 10.5.2 Market Forecast
- 10.6 Media and Entertainment
- 10.6.1 Market Trends
- 10.6.2 Market Forecast
- 10.7 Healthcare
- 10.7.1 Market Trends
- 10.7.2 Market Forecast
- 10.8 Others
- 10.8.1 Market Trends
- 10.8.2 Market Forecast
11 Market Breakup by Region
- 11.1 North America
- 11.1.1 United States
- 11.1.1.1 Market Trends
- 11.1.1.2 Market Forecast
- 11.1.2 Canada
- 11.1.2.1 Market Trends
- 11.1.2.2 Market Forecast
- 11.1.1 United States
- 11.2 Asia-Pacific
- 11.2.1 China
- 11.2.1.1 Market Trends
- 11.2.1.2 Market Forecast
- 11.2.2 Japan
- 11.2.2.1 Market Trends
- 11.2.2.2 Market Forecast
- 11.2.3 India
- 11.2.3.1 Market Trends
- 11.2.3.2 Market Forecast
- 11.2.4 South Korea
- 11.2.4.1 Market Trends
- 11.2.4.2 Market Forecast
- 11.2.5 Australia
- 11.2.5.1 Market Trends
- 11.2.5.2 Market Forecast
- 11.2.6 Indonesia
- 11.2.6.1 Market Trends
- 11.2.6.2 Market Forecast
- 11.2.7 Others
- 11.2.7.1 Market Trends
- 11.2.7.2 Market Forecast
- 11.2.1 China
- 11.3 Europe
- 11.3.1 Germany
- 11.3.1.1 Market Trends
- 11.3.1.2 Market Forecast
- 11.3.2 France
- 11.3.2.1 Market Trends
- 11.3.2.2 Market Forecast
- 11.3.3 United Kingdom
- 11.3.3.1 Market Trends
- 11.3.3.2 Market Forecast
- 11.3.4 Italy
- 11.3.4.1 Market Trends
- 11.3.4.2 Market Forecast
- 11.3.5 Spain
- 11.3.5.1 Market Trends
- 11.3.5.2 Market Forecast
- 11.3.6 Russia
- 11.3.6.1 Market Trends
- 11.3.6.2 Market Forecast
- 11.3.7 Others
- 11.3.7.1 Market Trends
- 11.3.7.2 Market Forecast
- 11.3.1 Germany
- 11.4 Latin America
- 11.4.1 Brazil
- 11.4.1.1 Market Trends
- 11.4.1.2 Market Forecast
- 11.4.2 Mexico
- 11.4.2.1 Market Trends
- 11.4.2.2 Market Forecast
- 11.4.3 Others
- 11.4.3.1 Market Trends
- 11.4.3.2 Market Forecast
- 11.4.1 Brazil
- 11.5 Middle East and Africa
- 11.5.1 Market Trends
- 11.5.2 Market Breakup by Country
- 11.5.3 Market Forecast
12 SWOT Analysis
- 12.1 Overview
- 12.2 Strengths
- 12.3 Weaknesses
- 12.4 Opportunities
- 12.5 Threats
13 Value Chain Analysis
14 Porters Five Forces Analysis
- 14.1 Overview
- 14.2 Bargaining Power of Buyers
- 14.3 Bargaining Power of Suppliers
- 14.4 Degree of Competition
- 14.5 Threat of New Entrants
- 14.6 Threat of Substitutes
15 Price Analysis
16 Competitive Landscape
- 16.1 Market Structure
- 16.2 Key Players
- 16.3 Profiles of Key Players
- 16.3.1 A10 Networks Inc.
- 16.3.1.1 Company Overview
- 16.3.1.2 Product Portfolio
- 16.3.1.3 Financials
- 16.3.2 Amazon Web Services Inc. (Amazon.com Inc)
- 16.3.2.1 Company Overview
- 16.3.2.2 Product Portfolio
- 16.3.2.3 SWOT Analysis
- 16.3.3 Array Networks Inc.
- 16.3.3.1 Company Overview
- 16.3.3.2 Product Portfolio
- 16.3.3.3 Financials
- 16.3.4 Cisco Systems Inc.
- 16.3.4.1 Company Overview
- 16.3.4.2 Product Portfolio
- 16.3.4.3 Financials
- 16.3.4.4 SWOT Analysis
- 16.3.5 Citrix Systems Inc.
- 16.3.5.1 Company Overview
- 16.3.5.2 Product Portfolio
- 16.3.5.3 Financials
- 16.3.5.4 SWOT Analysis
- 16.3.6 Cloudflare Inc.
- 16.3.6.1 Company Overview
- 16.3.6.2 Product Portfolio
- 16.3.6.3 Financials
- 16.3.7 F5 Inc.
- 16.3.7.1 Company Overview
- 16.3.7.2 Product Portfolio
- 16.3.7.3 Financials
- 16.3.7.4 SWOT Analysis
- 16.3.8 Fastly Inc.
- 16.3.8.1 Company Overview
- 16.3.8.2 Product Portfolio
- 16.3.8.3 Financials
- 16.3.9 Fortinet Inc.
- 16.3.9.1 Company Overview
- 16.3.9.2 Product Portfolio
- 16.3.9.3 Financials
- 16.3.9.4 SWOT Analysis
- 16.3.10 Google LLC
- 16.3.10.1 Company Overview
- 16.3.10.2 Product Portfolio
- 16.3.10.3 SWOT Analysis
- 16.3.11 Hewlett Packard Enterprise Development LP
- 16.3.11.1 Company Overview
- 16.3.11.2 Product Portfolio
- 16.3.11.3 Financials
- 16.3.11.4 SWOT Analysis
- 16.3.12 International Business Machines Corporation
- 16.3.12.1 Company Overview
- 16.3.12.2 Product Portfolio
- 16.3.12.3 Financials
- 16.3.12.4 SWOT Analysis
- 16.3.13 Microsoft Corporation
- 16.3.13.1 Company Overview
- 16.3.13.2 Product Portfolio
- 16.3.13.3 Financials
- 16.3.13.4 SWOT Analysis
- 16.3.14 Palo Alto Networks Inc.
- 16.3.14.1 Company Overview
- 16.3.14.2 Product Portfolio
- 16.3.14.3 Financials
- 16.3.14.4 SWOT Analysis
- 16.3.15 Radware Ltd.
- 16.3.15.1 Company Overview
- 16.3.15.2 Product Portfolio
- 16.3.15.3 Financials
- 16.3.1 A10 Networks Inc.
Product Code: SR112023A4596
List of Figures
- Figure 1: Global: Load Balancer Market: Major Drivers and Challenges
- Figure 2: Global: Load Balancer Market: Sales Value (in Billion US$), 2017-2022
- Figure 3: Global: Load Balancer Market Forecast: Sales Value (in Billion US$), 2023-2028
- Figure 4: Global: Load Balancer Market: Breakup by Type (in %), 2022
- Figure 5: Global: Load Balancer Market: Breakup by Component (in %), 2022
- Figure 6: Global: Load Balancer Market: Breakup by Deployment Mode (in %), 2022
- Figure 7: Global: Load Balancer Market: Breakup by Enterprise Size (in %), 2022
- Figure 8: Global: Load Balancer Market: Breakup by End Use Industry (in %), 2022
- Figure 9: Global: Load Balancer Market: Breakup by Region (in %), 2022
- Figure 10: Global: Load Balancer (Local Load Balancers) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 11: Global: Load Balancer (Local Load Balancers) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 12: Global: Load Balancer (Global Load Balancers) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 13: Global: Load Balancer (Global Load Balancers) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 14: Global: Load Balancer (Hardware) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 15: Global: Load Balancer (Hardware) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 16: Global: Load Balancer (Software) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 17: Global: Load Balancer (Software) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 18: Global: Load Balancer (Services) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 19: Global: Load Balancer (Services) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 20: Global: Load Balancer (On-premises) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 21: Global: Load Balancer (On-premises) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 22: Global: Load Balancer (Cloud-based) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 23: Global: Load Balancer (Cloud-based) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 24: Global: Load Balancer (Small and Medium-sized Enterprises) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 25: Global: Load Balancer (Small and Medium-sized Enterprises) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 26: Global: Load Balancer (Large Enterprises) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 27: Global: Load Balancer (Large Enterprises) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 28: Global: Load Balancer (BFSI) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 29: Global: Load Balancer (BFSI) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 30: Global: Load Balancer (IT and Telecom) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 31: Global: Load Balancer (IT and Telecom) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 32: Global: Load Balancer (Retail) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 33: Global: Load Balancer (Retail) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 34: Global: Load Balancer (Government) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 35: Global: Load Balancer (Government) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 36: Global: Load Balancer (Manufacturing) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 37: Global: Load Balancer (Manufacturing) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 38: Global: Load Balancer (Media and Entertainment) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 39: Global: Load Balancer (Media and Entertainment) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 40: Global: Load Balancer (Healthcare) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 41: Global: Load Balancer (Healthcare) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 42: Global: Load Balancer (Other End Use Industries) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 43: Global: Load Balancer (Other End Use Industries) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 44: North America: Load Balancer Market: Sales Value (in Million US$), 2017 & 2022
- Figure 45: North America: Load Balancer Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 46: United States: Load Balancer Market: Sales Value (in Million US$), 2017 & 2022
- Figure 47: United States: Load Balancer Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 48: Canada: Load Balancer Market: Sales Value (in Million US$), 2017 & 2022
- Figure 49: Canada: Load Balancer Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 50: Asia-Pacific: Load Balancer Market: Sales Value (in Million US$), 2017 & 2022
- Figure 51: Asia-Pacific: Load Balancer Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 52: China: Load Balancer Market: Sales Value (in Million US$), 2017 & 2022
- Figure 53: China: Load Balancer Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 54: Japan: Load Balancer Market: Sales Value (in Million US$), 2017 & 2022
- Figure 55: Japan: Load Balancer Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 56: India: Load Balancer Market: Sales Value (in Million US$), 2017 & 2022
- Figure 57: India: Load Balancer Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 58: South Korea: Load Balancer Market: Sales Value (in Million US$), 2017 & 2022
- Figure 59: South Korea: Load Balancer Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 60: Australia: Load Balancer Market: Sales Value (in Million US$), 2017 & 2022
- Figure 61: Australia: Load Balancer Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 62: Indonesia: Load Balancer Market: Sales Value (in Million US$), 2017 & 2022
- Figure 63: Indonesia: Load Balancer Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 64: Others: Load Balancer Market: Sales Value (in Million US$), 2017 & 2022
- Figure 65: Others: Load Balancer Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 66: Europe: Load Balancer Market: Sales Value (in Million US$), 2017 & 2022
- Figure 67: Europe: Load Balancer Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 68: Germany: Load Balancer Market: Sales Value (in Million US$), 2017 & 2022
- Figure 69: Germany: Load Balancer Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 70: France: Load Balancer Market: Sales Value (in Million US$), 2017 & 2022
- Figure 71: France: Load Balancer Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 72: United Kingdom: Load Balancer Market: Sales Value (in Million US$), 2017 & 2022
- Figure 73: United Kingdom: Load Balancer Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 74: Italy: Load Balancer Market: Sales Value (in Million US$), 2017 & 2022
- Figure 75: Italy: Load Balancer Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 76: Spain: Load Balancer Market: Sales Value (in Million US$), 2017 & 2022
- Figure 77: Spain: Load Balancer Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 78: Russia: Load Balancer Market: Sales Value (in Million US$), 2017 & 2022
- Figure 79: Russia: Load Balancer Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 80: Others: Load Balancer Market: Sales Value (in Million US$), 2017 & 2022
- Figure 81: Others: Load Balancer Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 82: Latin America: Load Balancer Market: Sales Value (in Million US$), 2017 & 2022
- Figure 83: Latin America: Load Balancer Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 84: Brazil: Load Balancer Market: Sales Value (in Million US$), 2017 & 2022
- Figure 85: Brazil: Load Balancer Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 86: Mexico: Load Balancer Market: Sales Value (in Million US$), 2017 & 2022
- Figure 87: Mexico: Load Balancer Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 88: Others: Load Balancer Market: Sales Value (in Million US$), 2017 & 2022
- Figure 89: Others: Load Balancer Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 90: Middle East and Africa: Load Balancer Market: Sales Value (in Million US$), 2017 & 2022
- Figure 91: Middle East and Africa: Load Balancer Market: Breakup by Country (in %), 2022
- Figure 92: Middle East and Africa: Load Balancer Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 93: Global: Load Balancer Industry: SWOT Analysis
- Figure 94: Global: Load Balancer Industry: Value Chain Analysis
- Figure 95: Global: Load Balancer Industry: Porter's Five Forces Analysis
List of Tables
- Table 1: Global: Load Balancer Market: Key Industry Highlights, 2022 and 2028
- Table 2: Global: Load Balancer Market Forecast: Breakup by Type (in Million US$), 2023-2028
- Table 3: Global: Load Balancer Market Forecast: Breakup by Component (in Million US$), 2023-2028
- Table 4: Global: Load Balancer Market Forecast: Breakup by Deployment Mode (in Million US$), 2023-2028
- Table 5: Global: Load Balancer Market Forecast: Breakup by Enterprise Size (in Million US$), 2023-2028
- Table 6: Global: Load Balancer Market Forecast: Breakup by End Use Industry (in Million US$), 2023-2028
- Table 7: Global: Load Balancer Market Forecast: Breakup by Region (in Million US$), 2023-2028
- Table 8: Global: Load Balancer Market: Competitive Structure
- Table 9: Global: Load Balancer Market: Key Players
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