Market Overview:
The global load balancer market is expected to grow from USD 1.5 billion in 2018 to USD 3.8 billion by 2030, at a CAGR of 13.9% during the forecast period. The growth of the global load balancer market can be attributed to the increasing demand for cloud-based services and applications, rising adoption of BYOD policies, and growing need for optimized application performance. However, lack of awareness about load balancing solutions among small and medium-sized businesses (SMBs) is a major restraining factor for the growth of this market. Based on type, the global load balancer market can be segmented into below 10 Gbps type, 10 - 40 Gbps type, and above 40 Gbps type. The below 10 Gbps type segment is expected to account for the largest share of the global load balancer market in 2018 owing to its low cost and easy installation process as compared to other types of Load Balancers available in the market . However ,the above 40G bps typ e segm ent i s expec ted t o gr ow at t he hig hest CAGR during th e forecast period . This growth can be attributed to th e increasin g demand f or high - bandw idth Lo ad Balanc ers that are capab le o f handlin g larg er volum es o f traff ic withou t any latency issues .
Product Definition:
A load balancer is a device or software that distributes network or application traffic evenly across two or more servers. Load balancers are important for high-traffic applications because they can improve performance and reliability by distributing the workload among multiple servers.
Below 10 Gbps Type:
Below 10 Gbps type is used for load balancing and is also known as the second-tier load balancer. It's a device or software that distributes network traffic among multiple servers. The number of connections an Above 10 Gbps type can handle depends on the throughput it can provide. For instance, if it has 100 ports then it will be able to handle 200 connections but not 1000 connections because that would require 1000 Mbps or more throughput which is above 10 Gbps.
10 - 40 Gbps Type:
The 10-40 Gbps type is a data transmission rate that was initially designed for use in Ethernet networks. The term “10/40” is often used to refer to any network that operates at speeds ranging from 100base T (Transmission Speed) to 1000base T, and up to 2000mbps in some cases. It can also be referred to as 40G Ethernet or sometimes even shortened as 40G.
It has been widely accepted.
Application Insights:
The IT & telecom segment accounted for the largest market share in 2017 and is anticipated to continue its dominance over the forecast period. The growing demand for load-balanced pools of servers to improve website performance and availability is expected to drive this application segment. Furthermore, increasing cloud-based applications are also driving this segment.
The Banking, Financial Services & Insurance (BFSI) sector is also estimated to witness significant growth over the forecast period owing to rising demand for high reliability and security among banks leading towards Load Balancer deployment model across organizations globally. Moreover, improving infrastructure spending by banks on digital transformation initiatives will further fuel the market growth in BFSI sector during future years.
Regional Analysis:
North America dominated the global market in 2017. The region is expected to continue its dominance over the forecast period as well. This can be attributed to increasing investments in data centers, rising demand for high-speed internet connectivity, and growing adoption of cloud services by enterprises and consumers. Moreover, presence of prominent load balancer providers such as Cisco Systems, Inc., F5 Networks Inc., Hewlett Packard Enterprise Development LP; Arista Networks; Bluefin Corporation; Brocade Communications Systems LLC; CumulusNetworks Inc.; Equinix CA II Lp.; Google LLC.; Limelight Networks Ltd.; Mavenir Holdings Limited; NetApp plcj Niu Technologies Group Co., Ltd.; Oracle Corporation (acquired Sun Microsystems); Pivot3 Corp (acquired By Dell EMC); Route 53 Holdings Plcj Salesforce.
Growth Factors:
- Increasing demand for cloud-based services and applications: The Load Balancer market is expected to grow as the demand for cloud-based services and applications increases. Cloud-based services are hosted on remote servers, which need to be efficiently managed in order to provide a good user experience. Load balancers help manage traffic and optimize resources, making them essential for any organization looking to move to or expand their use of the cloud.
- Rapid growth of big data and IoT: The amount of data being generated by businesses is growing at an unprecedented rate, thanks in part to the proliferation of big data technologies and the Internet of Things (IoT). This influx of data is putting new strains on traditional IT infrastructure, making load balancers more important than ever before. By distributing workloads across multiple servers, load balancers can help organizations handle large volumes of data quickly and efficiently.
- Increased focus on security: Security has become a top priority for businesses in recent years, as cyberattacks have become increasingly common and costly. One way that organizations can improve their security posture is by using load balancers that offer features like intrusion detection/prevention systems (IDS/IPS) and SSL termination/inspection capabilities . These features can help protect against attacks while also ensuring that sensitive information remains confidential .
Scope Of The Report
Report Attributes
Report Details
Report Title
Load Balancer Market Research Report
By Type
Below 10 Gbps Type, 10 - 40 Gbps Type, Above 40 Gbps Type
By Application
IT & Telecom, BFSI, Government, Others
By Companies
F5 Networks, Citrix, A10 Networks, Radware, Brocade, Kemp Technologies, Riverbed Technology, Sangfor, Fortinet, Barracuda, Array Networks, Hangzhou DPtech Technologies
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
122
Number of Tables & Figures
86
Customization Available
Yes, the report can be customized as per your need.
Global Load Balancer Market Report Segments:
The global Load Balancer market is segmented on the basis of:
Types
Below 10 Gbps Type, 10 - 40 Gbps Type, Above 40 Gbps Type
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
IT & Telecom, BFSI, Government, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- F5 Networks
- Citrix
- A10 Networks
- Radware
- Brocade
- Kemp Technologies
- Riverbed Technology
- Sangfor
- Fortinet
- Barracuda
- Array Networks
- Hangzhou DPtech Technologies
Highlights of The Load Balancer Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Below 10 Gbps Type
- 10 - 40 Gbps Type
- Above 40 Gbps Type
- By Application:
- IT & Telecom
- BFSI
- Government
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Load Balancer Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
A load balancer is a type of network device that distributes traffic among multiple servers. It can improve the performance and availability of web applications by distributing the workload across several servers.
Some of the key players operating in the load balancer market are F5 Networks, Citrix, A10 Networks, Radware, Brocade, Kemp Technologies, Riverbed Technology, Sangfor, Fortinet, Barracuda, Array Networks, Hangzhou DPtech Technologies.
The load balancer market is expected to register a CAGR of 13.9%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Load Balancer Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Load Balancer Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Load Balancer Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Load Balancer Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Load Balancer Market Size & Forecast, 2020-2028
4.5.1 Load Balancer Market Size and Y-o-Y Growth
4.5.2 Load Balancer Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 Below 10 Gbps Type
5.2.2 10 - 40 Gbps Type
5.2.3 Above 40 Gbps Type
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 IT & Telecom
6.2.2 BFSI
6.2.3 Government
6.2.4 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Load Balancer Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Load Balancer Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 Below 10 Gbps Type
9.6.2 10 - 40 Gbps Type
9.6.3 Above 40 Gbps Type
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 IT & Telecom
9.10.2 BFSI
9.10.3 Government
9.10.4 Others
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 Below 10 Gbps Type
10.6.2 10 - 40 Gbps Type
10.6.3 Above 40 Gbps Type
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 IT & Telecom
10.10.2 BFSI
10.10.3 Government
10.10.4 Others
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 Below 10 Gbps Type
11.6.2 10 - 40 Gbps Type
11.6.3 Above 40 Gbps Type
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 IT & Telecom
11.10.2 BFSI
11.10.3 Government
11.10.4 Others
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 Below 10 Gbps Type
12.6.2 10 - 40 Gbps Type
12.6.3 Above 40 Gbps Type
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 IT & Telecom
12.10.2 BFSI
12.10.3 Government
12.10.4 Others
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 Below 10 Gbps Type
13.6.2 10 - 40 Gbps Type
13.6.3 Above 40 Gbps Type
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 IT & Telecom
13.10.2 BFSI
13.10.3 Government
13.10.4 Others
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Load Balancer Market: Competitive Dashboard
14.2 Global Load Balancer Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 F5 Networks
14.3.2 Citrix
14.3.3 A10 Networks
14.3.4 Radware
14.3.5 Brocade
14.3.6 Kemp Technologies
14.3.7 Riverbed Technology
14.3.8 Sangfor
14.3.9 Fortinet
14.3.10 Barracuda
14.3.11 Array Networks
14.3.12 Hangzhou DPtech Technologies
