China Load Balancer Market Size & Outlook, 2023-2030
China load balancer market, 2018-2030 (US$M)
Related Markets
China load balancer market highlights
- The China load balancer market generated a revenue of USD 477.4 million in 2023 and is expected to reach USD 1,425.9 million by 2030.
- The China market is expected to grow at a CAGR of 16.9% from 2024 to 2030.
- In terms of segment, hardware was the largest revenue generating component in 2023.
- Services is the most lucrative component segment registering the fastest growth during the forecast period.
Load balancer market data book summary
| Market revenue in 2023 | USD 477.4 million |
| Market revenue in 2030 | USD 1,425.9 million |
| Growth rate | 16.9% (CAGR from 2023 to 2030) |
| Largest segment | Hardware |
| Fastest growing segment | Services |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Hardware, Software, Services |
| Key market players worldwide | A10 Networks Inc, Amazon.com Inc, Array Networks, Cloudflare Inc, Cisco Systems Inc, Citrix, F5 Inc, Avi Networks, Alphabet Inc Class A, Hewlett Packard Enterprise Co, Progress Software Corp, International Business Machines Corp, Microsoft Corp, Palo Alto Networks Inc, Radware Ltd |
Other key industry trends
- In terms of revenue, China accounted for 8.0% of the global load balancer market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Asia Pacific, China load balancer market is projected to lead the regional market in terms of revenue in 2030.
- India is the fastest growing regional market in Asia Pacific 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 |
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China 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 55.95% in 2023. Horizon Databook has segmented the China load balancer market based on hardware, software, services covering the revenue growth of each sub-segment from 2018 to 2030.
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Our clientele includes a mix of load balancer market companies, investment firms, advisory firms & academic institutions.
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Horizon Databook provides a detailed overview of country-level data and insights on the China load balancer market , including forecasts for subscribers. This country databook contains high-level insights into China load balancer market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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China load balancer market size, by component, 2018-2030 (US$M)
China Load Balancer Market Outlook Share, 2023 & 2030 (US$M)
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