A load balancer is a device that acts as a reverse proxy and distributes network or application traffic across a number of servers.
Currently, there are many players in the world. The main market players are F5 Networks, Citrix, A10 Networks, Radware, Brocade, Kemp Technologies, Riverbed Technology,
Sangfor, Fortinet, Barracuda, Array Networks, Hangzhou DPtech Technologies Co., Ltd. and so on. The consumption revenue of Load Balancer is about 1008.8Million USD in 2016.
In consumption market, the global consumption revenue has decreased to 1099.1 Million USD in 2017 from 670.3 Million USD in 2012.
North America is the largest consumption regions of Load Balancer, with a consumption value market share nearly 43.96% in 2016.
The second place is Europe; following North America with the consumption value market share over 24.14% in 2016.
Load Balancer mainly used by IT & Telecom, BFSI, Government & Public Utilities and other Industries. Report data showed that 32.03% of the Load Balancer market demand for IT & Telecom in 2016.
There are three kinds of Load Balancer, which are <10 Gbps Type, 10~40 Gbps Type, >40 Gbps Type Load Balancer, <10 Gbps Type Load Balancer market share is nearly 55.68% in 2016.
Briefly speaking, in the next few years, Load Balancer industry will still be a relative steady industry. Sales of Load Balancer have brought a lot of opportunities, there will more companies enter into this industry, especially in developing countries.
According to this study, over the next five years the Load Balancer market will register a 9.6% CAGR in terms of revenue, the global market size will reach USD 1910 million by 2024, from USD 1100 million in 2019. In particular, this report presents the global market share (sales and revenue) of key companies in Load Balancer business, shared in Chapter 3.
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.
This study considers the Load Balancer value and volume generated from the sales of the following segments-
Segmentation by product type- breakdown data from 2014 to 2019, in Section 2.3; and forecast to 2024 in section 11.7.
<10 Gbps Type
10~40 Gbps Type
>40 Gbps Type
Segmentation by application- breakdown data from 2014 to 2019, in Section 2.4; and forecast to 2024 in section 11.8.
IT & Telecom
BFSI
Government
Others
This report also splits the market by region- Breakdown data in Chapter 4, 5, 6, 7 and 8.
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Spain
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The report also presents the market competition landscape and a corresponding detailed analysis of the major vendor/manufacturers in the market. The key manufacturers covered in this report- Breakdown data in in Chapter 3.
F5 Networks
Citrix
A10 Networks
Radware
Brocade
Kemp Technologies
Riverbed Technology
Sangfor
Fortinet
Barracuda
Array Networks
Hangzhou DPtech Technologies Co., Ltd.
In addition, this report discusses the key drivers influencing market growth, opportunities, the challenges and the risks faced by key manufacturers and the market as a whole. It also analyzes key emerging trends and their impact on present and future development.
Research objectives
To study and analyze the global Load Balancer consumption (value & volume) by key regions/countries, product type and application, history data from 2014 to 2018, and forecast to 2024.
To understand the structure of Load Balancer market by identifying its various subsegments.
Focuses on the key global Load Balancer manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in next few years.
To analyze the Load Balancer with respect to individual growth trends, future prospects, and their contribution to the total market.
To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
To project the consumption of Load Balancer submarkets, with respect to key regions (along with their respective key countries).
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
To strategically profile the key players and comprehensively analyze their growth strategies.