Questions? +1 (202) 335-3939 Login
Trusted News Since 1995
A service for energy industry professionals · Friday, February 7, 2025 · 783,934,965 Articles · 3+ Million Readers

Global Load Balancer Market Poised for 12.9% CAGR Growth Amid Rising Data Center Traffic

Load Balancer Market Research

Load Balancer Market Research

The load balancer market grows with rising cloud-based load balancing adoption for traffic management, server virtualization, and global digital transformation.

WILMINGTON, DE, UNITED STATES, February 7, 2025 /EINPresswire.com/ -- According to a recent report, the global load balancer market was valued at $3.39 billion in 2019, and is projected to reach $8.90 billion by 2027, growing at a CAGR of 12.9% from 2020 to 2027.

Load balancing is a set of processes that handles multitude of server requests from modern multi-application and multi-device workflows. Its primary function is to balance the workloads and to distribute network traffic across multiple servers. In addition, load balancer ensures that no single server bears excessive requests or demands.

๐ƒ๐จ๐ฐ๐ง๐ฅ๐จ๐š๐ ๐’๐š๐ฆ๐ฉ๐ฅ๐ž ๐‘๐ž๐ฉ๐จ๐ซ๐ญ (๐†๐ž๐ญ ๐…๐ฎ๐ฅ๐ฅ ๐ˆ๐ง๐ฌ๐ข๐ ๐ก๐ญ๐ฌ ๐ข๐ง ๐๐ƒ๐… - ๐Ÿ‘๐Ÿ‘๐Ÿ‘ ๐๐š๐ ๐ž๐ฌ) ๐š๐ญ: https://www.alliedmarketresearch.com/request-sample/5965

In addition, it is incorporated in application delivery controllers (ADCs) or software-defined load balancing algorithms. Increase in need for business continuity and data load efficiently, especially in IT and telecom industry is significantly driving the growth of global load balancer market during the forecast period.

High adoption of cloud-based load balancing services in data centers to manage data traffic and server virtualization and ongoing digital transformation initiatives by governments across the globe augment the growth of the global load balancer market. In addition, the increased network complexity and varied terrific pattern due to transformations in telecommunication infrastructure fuels the market growth. Conversely, limited bandwidth providers due to legacy infrastructure impedes the market growth. Nevertheless, emergence of IoT, AI, and software-defined networking technologies usher a number of opportunities in the near future.

Factors such as rise in global IP traffic, rise in deployment of load balancer to deliver optimum performance with efficient load balancing for interconnected data center infrastructure, especially in developing regions, ongoing digital transformation initiatives by governments across the world are driving the demand of global load balancer market.

๐Œ๐š๐ค๐ž ๐š ๐ƒ๐ข๐ซ๐ž๐œ๐ญ ๐๐ฎ๐ซ๐œ๐ก๐š๐ฌ๐ž: https://www.alliedmarketresearch.com/load-balancer-market/purchase-options

The global load balancer segment is anticipated to hold the majority of the load balancer market share in 2027 due to rise in adoption of multi-cloud deployment and need for delivering mission-critical business continuity and global disaster recovery support in the event of site or regional-level outages.

The IT & telecom segment accounted for the major share among several industry verticals, owing to the fact that data center servers are primary end users of load balancers. Moreover, ongoing digital transformation across the globe and rise in cloud migration services among various industry verticals. Further, realization of CSPs to avoid service outages which hamper the brand image is also driving the demand for load balancer market in telecom industry.

As per region, the global load balancer market size was dominated by North America in 2019 and is expected to maintain this trend during the forecast period. Factors such as presence of leading companies developing load balancer in North America and majority of ICT spending in this region are the major drivers for the load balancer market growth in this region. In addition, the large presence of load balancer industry players in the U.S. offers customized load balancer solutions. These players focus on consistent innovations in the field of load balancer to sustain competitiveness in the market. In order to avoid the possibility of products becoming obsolete or uneconomical within a short period of time, these players consistently focus on innovations in existing products or developing updated products.

๐ˆ๐Ÿ ๐ฒ๐จ๐ฎ ๐ก๐š๐ฏ๐ž ๐š๐ง๐ฒ ๐ฌ๐ฉ๐ž๐œ๐ข๐š๐ฅ ๐ซ๐ž๐ช๐ฎ๐ข๐ซ๐ž๐ฆ๐ž๐ง๐ญ๐ฌ, ๐‘๐ž๐ช๐ฎ๐ž๐ฌ๐ญ ๐œ๐ฎ๐ฌ๐ญ๐จ๐ฆ๐ข๐ณ๐š๐ญ๐ข๐จ๐ง: https://www.alliedmarketresearch.com/request-for-customization/5965

The outbreak of COVID-19 is anticipated to have a positive impact on the growth load balancer market. This is attributed to increase in adoption of load balancers in data centers, as the internet traffic has increased at a considerable rate. With the emergence COVID-19, the use of load balancers will enable enterprises to address latency issues and facilitate web performance optimization while remote working. Furthermore, cloud service providers (CSPs) are focusing on local and global load balancing solutions, along with WAN optimization, to implement disaster recovery scenarios, and to reduce user latency.

๐Š๐ž๐ฒ ๐…๐ข๐ง๐๐ข๐ง๐ ๐ฌ ๐Ž๐Ÿ ๐“๐ก๐ž ๐’๐ญ๐ฎ๐๐ฒ:

By type, the global load balancer segment is expected to witness highest CAGR during the forecast period.

Based on load balancer deployment, the cloud segment accounted for the highest load balancer market share in 2019.

Depending on enterprise size, the large enterprises segment is accounted for the highest global market size in 2019.

As per industry vertical, the IT & telecom segment is anticipated to exhibit highest growth during the forecast period.

Region-wise, North America accounted for the highest revenue in 2019; however, Asia-Pacific is anticipated to exhibit highest growth during the load balancer market forecast period.

๐ˆ๐ง๐ช๐ฎ๐ข๐ซ๐ฒ ๐๐ž๐Ÿ๐จ๐ซ๐ž ๐๐ฎ๐ฒ๐ข๐ง๐ : https://www.alliedmarketresearch.com/purchase-enquiry/5965

The global load balancer market analysis includes some of the key market players such as A1o Networks, Inc., Amazon Web Services, Inc., Citrix Systems, Inc., F5 Networks, Inc., Google LLC, IBM Corporation, Imperva, Kemp Technologies, Inc., Microsoft Corporation, and Radware Ltd.

๐Ž๐ญ๐ก๐ž๐ซ ๐“๐ซ๐ž๐ง๐๐ข๐ง๐  ๐‘๐ž๐ฉ๐จ๐ซ๐ญ๐ฌ:

1. Cloud Infrastructure Market https://www.alliedmarketresearch.com/cloud-infrastructure-market

2. Anti Theft System Market https://www.alliedmarketresearch.com/anti-theft-system-market

3. Gaming Software Market https://www.alliedmarketresearch.com/gaming-software-market-A15199

About Us:

Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP, based in Portland, Oregon. AMR provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports" and "Business Intelligence Solutions." AMR has a targeted view to provide business insights and consulting to assist its clients in making strategic business decisions and achieving sustainable growth in their respective market domains.

AMR launched its user-based online library of reports and company profiles, Avenue. An e-access library is accessible from any device, anywhere, and at any time for entrepreneurs, stakeholders, researchers, and students at universities. With reports on more than 60,000 niche markets with data comprising 600,000 pages along with company profiles on more than 12,000 firms, Avenue offers access to the entire repository of information through subscriptions. A hassle-free solution to clientsโ€™ requirements is complemented with analyst support and customization requests.

Contact:
David Correa
1209 Orange Street,
Corporation Trust Center,
Wilmington, New Castle,
Delaware 19801 USA.
Int'l: +1-503-894-6022
Toll Free: + 1-800-792-5285
UK: +44-845-528-1300
India (Pune): +91-20-66346060
Fax: +1-800-792-5285
help@alliedmarketresearch.com

David Correa
Allied Market Research
+ + 1 800-792-5285
email us here
Visit us on social media:
Facebook
X
LinkedIn
YouTube

Powered by EIN Presswire

Distribution channels: IT Industry, Technology

Legal Disclaimer:

EIN Presswire provides this news content "as is" without warranty of any kind. We do not accept any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information contained in this article. If you have any complaints or copyright issues related to this article, kindly contact the author above.

Submit your press release