Market Overview:
The global load balancing software market is expected to grow at a CAGR of 10.8% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for cloud-based applications and services, and the need for improved performance and scalability of IT infrastructure. Load balancing software helps improve the performance of applications by distributing workloads evenly across multiple servers, which improves application availability and reduces response time. It also enables businesses to scale their operations quickly in response to changing business needs by adding or removing servers as required. The global load balancing software market is segmented on the basis of type into software and service. The software segment is further divided into hardware-based load balancers and virtual appliances/software-defined networking (SDN) load balancers. The service segment includes managed services, professional services, training & education, and support & maintenance services. On the basis of application, the market is divided into cloud-based applications/servicesand on-premise applications/services .
Product Definition:
Load Balancing Software is a type of software that distributes workloads and traffic among multiple computers or servers within a network. The purpose of using load balancing software is to improve the performance and reliability of the network by distributing the workload evenly among all connected devices.
Software:
Software is the part of IT infrastructure which helps in carrying out operations more efficiently and effectively. It controls, monitors and manipulates data for a computer system's operation. Software also provides flexibility to adapt to changes in business environment owing to its dynamic nature.
The global software industry has been experiencing tremendous growth over the past few years due to rapid technological advancements such as cloud computing, mobile computing, social networking and big data analytics among others.
Service:
Service is a software utility that enables the remote access to servers and devices. It also helps in providing network services such as web hosting, domain name service, e-mail address service, file transfer protocol service and virtual private network (VPN) server among others. Service plays an important role in load balancing software market as it allows the user to manage multiple servers from a single location which is known as head office or home office.
Application Insights:
The cloud-based load balancers segment accounted for the largest revenue share of over 60.0% in 2017 and is anticipated to maintain its dominance over the forecast period. The growing demand for web application firewalls that provide security against cyberattacks by employing a layer of protection called as HTTPS are expected to drive the adoption of load balancers in 2018.
Load balancing software enables organizations to scale their online offerings by improving response time and reducing costs associated with increased traffic on website or web application servers. Cloud-based LB solutions offer elasticity in terms of cost, resources, and deployment timeframe along with easy management which makes them highly scalable solution suitable for large enterprises but not efficient enough for small & mediumsized businesses (SMBs). On-premise load balancer is an efficient alternative suitable only if there are specific requirements such as high availability, failover capability etc., beyond what can be achieved through cloud based solutions at low costs while maintaining flexibility & control from headquarters location.
Regional Analysis:
North America dominated the global market in 2017. The region is expected to maintain its position during the forecast period. This can be attributed to increasing investments in cloud computing, high adoption of internet services and rapid technological advancements across various industries. Moreover, presence of major companies such as Cisco Systems, Inc.; Hewlett Packard Enterprise; Citrix; and Microsoft Corporation has contributed significantly towards regional growth.
Asia Pacific is anticipated to witness significant growth over the forecast period owing to increased spending on telecommunication infrastructure development coupled with growing demand for data center colocation facilities in countries such as China and India among others will drive regional Load Balancing Software (LBS) market growth over the next eight years (2030). Furthermore, increasing government initiatives for developing digital economy are also contributing towards industry expansion thereby driving revenue generation opportunities for vendors operating within Asia Pacific region.
Growth Factors:
- Increasing demand for cloud-based services and applications
- Rapid adoption of big data and analytics
- Proliferation of mobile devices and BYOD trend
- Emergence of IoT and connected devices
- Growing need for agility, scalability, and security in IT infrastructure
Scope Of The Report
Report Attributes
Report Details
Report Title
Load Balancing Software Market Research Report
By Type
Software, Service
By Application
Cloud, On-premise
By Companies
Hewlett Packard, IBM Corporation, Microsoft Corporation, Google Inc, Cisco Systems Inc, Jetnexus Solutions Limited, KEMP Technologies, Inc, ZEVENET, NGINX Inc, Inlab Networks GmbH
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
224
Number of Tables & Figures
157
Customization Available
Yes, the report can be customized as per your need.
Global Load Balancing Software Market Report Segments:
The global Load Balancing Software market is segmented on the basis of:
Types
Software, Service
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
Cloud, On-premise
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:
- Hewlett Packard
- IBM Corporation
- Microsoft Corporation
- Google Inc
- Cisco Systems Inc
- Jetnexus Solutions Limited
- KEMP Technologies, Inc
- ZEVENET
- NGINX Inc
- Inlab Networks GmbH
Highlights of The Load Balancing Software 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:
- Software
- Service
- By Application:
- Cloud
- On-premise
- 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 Balancing Software 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.
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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?
Load balancer software is a type of software that helps to distribute the load of requests across multiple servers. This can be useful when there are too many requests coming in for one server to handle, or when the servers are located in different parts of the world.
Some of the key players operating in the load balancing software market are Hewlett Packard, IBM Corporation, Microsoft Corporation, Google Inc, Cisco Systems Inc, Jetnexus Solutions Limited, KEMP Technologies, Inc, ZEVENET, NGINX Inc, Inlab Networks GmbH.
The load balancing software market is expected to grow at a compound annual growth rate of 10.8%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Load Balancing Software 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 Balancing Software Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Load Balancing Software 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 Balancing Software 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 Balancing Software Market Size & Forecast, 2020-2028
4.5.1 Load Balancing Software Market Size and Y-o-Y Growth
4.5.2 Load Balancing Software 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 Software
5.2.2 Service
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 Cloud
6.2.2 On-premise
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Load Balancing Software 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 Balancing Software 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 Software
9.6.2 Service
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 Cloud
9.10.2 On-premise
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 Software
10.6.2 Service
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 Cloud
10.10.2 On-premise
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 Software
11.6.2 Service
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 Cloud
11.10.2 On-premise
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 Software
12.6.2 Service
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 Cloud
12.10.2 On-premise
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 Software
13.6.2 Service
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 Cloud
13.10.2 On-premise
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 Balancing Software Market: Competitive Dashboard
14.2 Global Load Balancing Software Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Hewlett Packard
14.3.2 IBM Corporation
14.3.3 Microsoft Corporation
14.3.4 Google Inc
14.3.5 Cisco Systems Inc
14.3.6 Jetnexus Solutions Limited
14.3.7 KEMP Technologies, Inc
14.3.8 ZEVENET
14.3.9 NGINX Inc
14.3.10 Inlab Networks GmbH
