Global load balancer market is set to witness a healthy CAGR of 15.5% in the forecast period to 2026. This rise in market value can be attributed to the surging adoption of AI and IoT along with the involvement of load balancer vendors
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Top Key Competitors: Amazon Web Services, Inc., F5 Networks, Inc., Citrix Systems, Inc., Microsoft, , IBM, Google, Imperva, NGINX Inc., Radware, Fortinet, Inc., A10 Networks, Inc, Kemp Technologies, Inc., Riverbed Technology, Fastly, Inc., Dialogic Corporation, Avi Networks, Joyent, IncInlab Networks GmbH, Cloudflare, Inc., ZEVENET, Array Networks, Inc., AVANU, Inc., Barracuda Networks, Inc., Loadbalancer.org Limited, SANGFOR TECHNOLOGIES INC., Hangzhou DPtech Technologies Co., Ltd. among others.
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Load Balancer Market Drivers and Restraints:
Rising adoption of data center traffic, cloud-based load balancing services is another factor boosting the market growth
increasing investments along with favourable government initiatives in digitization also acts as a market driver in the forecast period
Rising awareness regarding the advantages of cloud and network technologies will also augment this market growth
Less bandwidth providers is expected to restrict the growth of the market
Difficult implementation of newer load balancer module in traditional networking ecosystem is also restricting the overall adoption of these market
Lack of access of high speed internet is another factor hampering the market growth
The report can answer the following questions:
This report provides an in-depth assessment of the Load Balancer Market presented through sections such as:
Load Balancer Market: Market Overview
Major Commercial Developments in the Industry
Market Trends and Dynamics of the Industry
Market Positioning of Major Market Players in the Industry
Current Market Scenario and Future Prospects of the Global Market
Competitive Landscape of the Market
Load Balancer Market Revenue and Forecast by Technology, 2020-2026 ($ million)
Load Balancer Market Revenue and Forecast by End-User, 2020-2026 ($ million)
Load Balancer Market Revenue and Forecast by Geography, 2020-2026 ($ million)
Geographic Coverage
Load Balancer Market Size and Forecast
Load Balancer Market Size and Forecast
Load Balancer Market on the basis of geography is divided into - North America, APAC, Europe, and Rest of the world. North America contributes a largest share in the global market, owing to the rapid development of sector in the US. However, Asia Pacific is expected to be the fastest growing market in the global market over the forecast period. This is mainly due to rapid urbanization and industrialization in the emerging economies of the region, especially in China and India.
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Key Developments in the Market:
In September 2018, Salesforce.com, Inc. had partnered with Amazon Web Services, Inc. This partnership help to expand the business of a company by offering innovative product integrations. This will help the customers for sharing data across AWS and Salesforce services
In June 2018, IBM had increased their production capacity for IBM Cloud. This will help to provide digital solutions as well as value propositions through insights resulting from their own data. This expansion help to strengthen the business and help to increase the revenue generation
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"dazzling" - Google News
March 03, 2020 at 11:55AM
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Load Balancer Market is Dazzling Worldwide | Radware, Fortinet, Inc., A10 Networ - openPR
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