Global Load Balancer Market Size & Outlook, 2023-2030
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 15.4% by 2030.
- In terms of segment, hardware accounted for a revenue of USD 3,298.0 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, Germany 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 | 15.4% (CAGR from 2023 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, Germany is the fastest growing regional market and is projected to reach USD 880.3 million by 2030.
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Load Balancer Market Scope
Load Balancer Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
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 55.56% 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 regional statistics
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