Global Load Balancer Market Size & Outlook, 2024-2030
Global load balancer market, 2018-2030 (US$M)
Related Markets
Global load balancer market highlights
- The global load balancer market generated a revenue of USD 5,935.4 million in 2023 and is expected to reach USD 16,139.7 million by 2030.
- The market is expected to grow at a CAGR (2024 - 2030) of 15.9% by 2030.
- In terms of segment, hardware accounted for a revenue of USD 3,662.3 million in 2023.
- Services is the most lucrative component segment registering the fastest growth during the forecast period.
- In terms of region, North America was the largest revenue generating market in 2023.
- Country-wise, India is expected to register the highest CAGR from 2024 to 2030.
Global data book summary
| Market revenue in 2023 | USD 5,935.4 million |
| Market revenue in 2030 | USD 16,139.7 million |
| Growth rate | 15.9% (CAGR from 2024 to 2030) |
| Largest segment | Hardware |
| Fastest growing segment | Services |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Hardware, Software, Services |
Other key industry trends
- In terms of revenue, the North America accounted for 32.7% of the global load balancer market in 2023.
- By country, the U.S. is projected to lead the global market in terms of revenue in 2030.
- By country, India is the fastest growing regional market and is projected to reach USD 1,000.7 million by 2030.
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Load Balancer Market Scope
Load Balancer Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| Avi Networks | View profile | 101-250 | Santa Clara, California, United States, North America | https://avinetworks.com |
| Array Networks | View profile | 501-1000 | Milpitas, California, United States, North America | http://www.arraynetworks.com |
| A10 Networks Inc | View profile | 525 | 2300 Orchard Parkway, San Jose, CA, United States, 95131 | https://www.a10networks.com |
| Progress Software Corp | View profile | 2284 | 15 Wayside Road, Suite 400, Burlington, MA, United States, 01803 | https://www.progress.com |
| Citrix | View profile | 5001-10000 | Fort Lauderdale, Florida, United States, North America | https://www.citrix.com/ |
| Radware Ltd | View profile | 1218 | 22 Raoul Wallenberg Street, Tel Aviv, Israel, 6971917 | https://www.radware.com |
| F5 Inc | View profile | 6524 | 801 5th Avenue, Seattle, WA, United States, 98104 | https://www.f5.com |
| Palo Alto Networks Inc | View profile | 15166 | 3000 Tannery Way, Santa Clara, CA, United States, 95054 | https://www.paloaltonetworks.com |
| Cloudflare Inc | View profile | 3704 | 101 Townsend Street, San Francisco, CA, United States, 94107 | https://www.cloudflare.com |
| Cisco Systems Inc | View profile | 84900 | 170 West Tasman Drive, San Jose, CA, United States, 95134-1706 | https://www.cisco.com |
| Hewlett Packard Enterprise Co | View profile | 62000 | 1701 East Mossy Oaks Road, Spring, TX, United States, 77389 | https://www.hpe.com |
| Alphabet Inc Class A | View profile | 180895 | 1600 Amphitheatre Parkway, Mountain View, CA, United States, 94043 | https://www.abc.xyz |
| Microsoft Corp | View profile | 221000 | One Microsoft Way, Redmond, WA, United States, 98052-6399 | https://www.microsoft.com |
| International Business Machines Corp | View profile | 282200 | One New Orchard Road, Armonk, NY, United States, 10504 | http://www.ibm.com |
| Amazon.com Inc | View profile | 1525000 | 410 Terry Avenue North, Seattle, WA, United States, 98109-5210 | https://www.amazon.com |
Global load balancer market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to load balancer market will help companies and investors design strategic landscapes.
Hardware was the largest segment with a revenue share of 61.7% in 2023. Horizon Databook has segmented the Global load balancer market based on hardware, software, services covering the revenue growth of each sub-segment from 2018 to 2030.
- Global Load Balancer Component Outlook (Revenue, USD Million, 2018-2030)
- Hardware
- Software
- Services
- Training & Consulting
- Integration and Deployment
- Support and Maintenance
- Global Load Balancer Type Outlook (Revenue, USD Million, 2018-2030)
- Local Load Balancer
- Global Load Balancer
- Global Load Balancer Deployment Outlook (Revenue, USD Million, 2018-2030)
- On-premise
- Cloud
- Global Load Balancer Enterprise Size Outlook (Revenue, USD Million, 2018-2030)
- Large Enterprises
- Small & Medium Enterprises (SMEs)
- Global Load Balancer End Use Outlook (Revenue, USD Million, 2018-2030)
- BFSI
- Retail
- Government
- Manufacturing
- IT & Telecom
- Healthcare
- Others (Media & Entertainment, Energy and Logistics and Transportation)
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Horizon Databook provides a detailed overview of global-level data and insights on the Global load balancer market , including forecasts for subscribers. This global databook contains high-level insights into Global load balancer market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Global load balancer market size, by regions, 2018-2030 (US$M)
Top 10 countries: Load balancer market size, 2023 (US$M)
Global load balancer market share, by component, 2023 & 2030 (%, US$M)
Load balancer market: Opportunity assessment by country
Global load balancer market, by region, 2023 (US$M)
Related statistics
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