UK Load Balancer Market Size & Outlook, 2023-2030

The load balancer market in UK is expected to reach a projected revenue of US$ 834.4 million by 2030. A compound annual growth rate of 13.7% is expected of UK load balancer market from 2024 to 2030.
Revenue, 2023 (US$M)
$338.7
Forecast, 2030 (US$M)
$834.4
CAGR, 2024 - 2030
13.7%
Report Coverage
UK

UK load balancer market highlights

  • The UK load balancer market generated a revenue of USD 338.7 million in 2023 and is expected to reach USD 834.4 million by 2030.
  • The UK market is expected to grow at a CAGR of 13.7% 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 2023USD 338.7 million
Market revenue in 2030USD 834.4 million
Growth rate13.7% (CAGR from 2023 to 2030)
Largest segmentHardware
Fastest growing segmentServices
Historical data2018 - 2022
Base year2023
Forecast period2024 - 2030
Quantitative unitsRevenue in USD million
Market segmentationHardware, Software, Services
Key market players worldwideA10 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, UK accounted for 5.7% 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 Europe, Germany load balancer market is projected to lead the regional market in terms of revenue in 2030.
  • France is the fastest growing regional market in Europe and is projected to reach USD 479.8 million by 2030.

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Load Balancer Market Companies

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UK 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 55.39% in 2023. Horizon Databook has segmented the UK load balancer market based on hardware, software, services covering the revenue growth of each sub-segment from 2018 to 2030.


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Horizon Databook provides a detailed overview of country-level data and insights on the UK load balancer market , including forecasts for subscribers. This country databook contains high-level insights into UK load balancer market from 2018 to 2030, including revenue numbers, major trends, and company profiles.

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UK load balancer market size, by component, 2018-2030 (US$M)

UK Load Balancer Market Outlook Share, 2023 & 2030 (US$M)

UK load balancer market size, by component, 2018-2030 (US$M)

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