Load Balancer Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027

The global load balancer market reached a value of US$ 4.3 billion in 2021. Looking forward, the market is projected to reach US$ 8.9 billion by 2027, exhibiting at a CAGR of 13.1% during 2022-2027. Keeping in mind the uncertainties of COVID-19, the analyst is continuously tracking and evaluating the direct as well as the indirect influence of the pandemic on different End-use industries. These insights are included in the report as a major market contributor.

A load balancer is a device that reverses proxy and distributes network or application traffic to various servers. It immediately redirects its workload to a backup server if a server fails and mitigates the impact on End-users. It helps perform specific tasks and increase the capacity and reliability of applications, thereby improving their overall performance by decreasing the burden on servers associated with managing and maintaining application and network sessions. Besides this, as they are scalable, flexible, efficient and assists in reducing downtime, the utilization of load balancers is increasing in retail, energy, manufacturing, information and technology (IT) and telecom, and other sectors across the globe.

Load Balancer Market Trends

Due to rising interconnectivity, organizations worldwide are focusing on responding faster to clients or user requests. Moreover, the growing number of internet users on account of the boosting sales of smartphones and the increasing penetration of the internet are positively influencing the adoption of the cloud. This, in turn, is propelling the demand for load balancers around the world. Apart from this, the proliferation of internet connectivity, server virtualization, and the rising adoption of connected devices and the remote working model is strengthening the growth of the market. The surge in data center traffic due to increasing machine-to-machine connectivity in developing economies is also impelling the growth of the market. Additionally, leading players are continuously working on innovating and upgrading load balancer solutions to compete in the market effectively. Furthermore, due to the outbreak of coronavirus disease (COVID-19), several enterprises are shifting towards digital transformation. This can also be accredited to rising investments by governing agencies in network infrastructure, which is projected to stimulate the growth of the market.

Key Market Segmentation

This report provides an analysis of the key trends in each sub-segment of the global load balancer market, along with forecasts at the global, regional and country level from 2022-2027. The report has categorized the market based on type, component, deployment mode, enterprise size and End-use industry.

Breakup by Type:

Local Load Balancers
Global Load Balancers

Breakup by Component:

Hardware
Software
Services

Breakup by Deployment Mode:

On-premises
Cloud-based

Breakup by Enterprise Size:

Small and Medium-sized Enterprises
Large Enterprises

Breakup by End-use Industry:

BFSI
IT and Telecom
Retail
Government
Manufacturing
Media and Entertainment
Healthcare
Others

Breakup by Region:

North America
United States
Canada
Asia-Pacific
China
Japan
India
South Korea
Australia
Indonesia
Others
Europe
Germany
France
United Kingdom
Italy
Spain
Russia
Others
Latin America
Brazil
Mexico
Others
Middle East and Africa

Competitive Landscape

The competitive landscape of the industry has also been examined along with the profiles of the key players being A10 Networks Inc., Amazon Web Services Inc. (Amazon.com Inc), Array Networks Inc., Cisco Systems Inc., Citrix Systems Inc., Cloudflare Inc., F5 Inc., Fastly Inc., Fortinet Inc., Google LLC, Hewlett Packard Enterprise Development LP, International Business Machines Corporation, Microsoft Corporation, Palo Alto Networks Inc. and Radware Ltd.

Key Questions Answered in This Report

How has the global load balancer market performed so far and how will it perform in the coming years?
What has been the impact of COVID-19 on the global load balancer market?
What are the key regional markets?
What is the breakup of the market based on the type?
What is the breakup of the market based on the component?
What is the breakup of the market based on the deployment mode?
What is the breakup of the market based on the enterprise size?
What is the breakup of the market based on the End-use industry?
What are the various stages in the value chain of the industry?
What are the key driving factors and challenges in the industry?
What is the structure of the global load balancer market and who are the key players?
What is the degree of competition in the industry?

Frequently Asked Questions about the Global Load Balancer Market

What is the estimated value of the Global Load Balancer Market?

The Global Load Balancer Market was estimated to be valued at $4.3 Billion in 2021.

What is the growth rate of the Global Load Balancer Market?

The growth rate of the Global Load Balancer Market is 12.8%, with an estimated value of $8.9 Billion by 2027.

What is the forecasted size of the Global Load Balancer Market?

The Global Load Balancer Market is estimated to be worth $8.9 Billion by 2027.

Who are the key companies in the Global Load Balancer Market?

Key companies in the Global Load Balancer Market include A10 Networks Inc., Amazon Web Services Inc. (Amazon.com Inc), Array Networks Inc., Cisco Systems Inc., Citrix Systems Inc., Cloudflare Inc., F5 Inc., Fastly Inc., Fortinet Inc. and Google LLC.

Report Attribute	Details
No. of Pages	147
Published	April 2022
Forecast Period	2021 - 2027
Estimated Market Value ( USD ) in 2021	$ 4.3 Billion
Forecasted Market Value ( USD ) by 2027	$ 8.9 Billion
Compound Annual Growth Rate	12.8%
Regions Covered	Global
No. of Companies Mentioned	15

1 Preface

2 Scope and Methodology

2.1 Objectives of the Study
2.2 Stakeholders
2.3 Data Sources
2.3.1 Primary Sources
2.3.2 Secondary Sources
2.4 Market Estimation
2.4.1 Bottom-Up Approach
2.4.2 Top-Down Approach
2.5 Forecasting Methodology

3 Executive Summary

4 Introduction

4.1 Overview
4.2 Key Industry Trends

5 Global Load Balancer Market

5.1 Market Overview
5.2 Market Performance
5.3 Impact of COVID-19
5.4 Market Forecast

6 Market Breakup by Type

6.1 Local Load Balancers
6.1.1 Market Trends
6.1.2 Market Forecast
6.2 Global Load Balancers
6.2.1 Market Trends
6.2.2 Market Forecast

7 Market Breakup by Component

7.1 Hardware
7.1.1 Market Trends
7.1.2 Market Forecast
7.2 Software
7.2.1 Market Trends
7.2.2 Market Forecast
7.3 Services
7.3.1 Market Trends
7.3.2 Market Forecast

8 Market Breakup by Deployment Mode

8.1 On-premises
8.1.1 Market Trends
8.1.2 Market Forecast
8.2 Cloud-based
8.2.1 Market Trends
8.2.2 Market Forecast

9 Market Breakup by Enterprise Size

9.1 Small and Medium-sized Enterprises
9.1.1 Market Trends
9.1.2 Market Forecast
9.2 Large Enterprises
9.2.1 Market Trends
9.2.2 Market Forecast

10 Market Breakup by End Use Industry

10.1 BFSI
10.1.1 Market Trends
10.1.2 Market Forecast
10.2 IT and Telecom
10.2.1 Market Trends
10.2.2 Market Forecast
10.3 Retail
10.3.1 Market Trends
10.3.2 Market Forecast
10.4 Government
10.4.1 Market Trends
10.4.2 Market Forecast
10.5 Manufacturing
10.5.1 Market Trends
10.5.2 Market Forecast
10.6 Media and Entertainment
10.6.1 Market Trends
10.6.2 Market Forecast
10.7 Healthcare
10.7.1 Market Trends
10.7.2 Market Forecast
10.8 Others
10.8.1 Market Trends
10.8.2 Market Forecast

11 Market Breakup by Region

11.1 North America
11.1.1 United States
11.1.1.1 Market Trends
11.1.1.2 Market Forecast
11.1.2 Canada
11.1.2.1 Market Trends
11.1.2.2 Market Forecast
11.2 Asia-Pacific
11.2.1 China
11.2.1.1 Market Trends
11.2.1.2 Market Forecast
11.2.2 Japan
11.2.2.1 Market Trends
11.2.2.2 Market Forecast
11.2.3 India
11.2.3.1 Market Trends
11.2.3.2 Market Forecast
11.2.4 South Korea
11.2.4.1 Market Trends
11.2.4.2 Market Forecast
11.2.5 Australia
11.2.5.1 Market Trends
11.2.5.2 Market Forecast
11.2.6 Indonesia
11.2.6.1 Market Trends
11.2.6.2 Market Forecast
11.2.7 Others
11.2.7.1 Market Trends
11.2.7.2 Market Forecast
11.3 Europe
11.3.1 Germany
11.3.1.1 Market Trends
11.3.1.2 Market Forecast
11.3.2 France
11.3.2.1 Market Trends
11.3.2.2 Market Forecast
11.3.3 United Kingdom
11.3.3.1 Market Trends
11.3.3.2 Market Forecast
11.3.4 Italy
11.3.4.1 Market Trends
11.3.4.2 Market Forecast
11.3.5 Spain
11.3.5.1 Market Trends
11.3.5.2 Market Forecast
11.3.6 Russia
11.3.6.1 Market Trends
11.3.6.2 Market Forecast
11.3.7 Others
11.3.7.1 Market Trends
11.3.7.2 Market Forecast
11.4 Latin America
11.4.1 Brazil
11.4.1.1 Market Trends
11.4.1.2 Market Forecast
11.4.2 Mexico
11.4.2.1 Market Trends
11.4.2.2 Market Forecast
11.4.3 Others
11.4.3.1 Market Trends
11.4.3.2 Market Forecast
11.5 Middle East and Africa
11.5.1 Market Trends
11.5.2 Market Breakup by Country
11.5.3 Market Forecast

12 SWOT Analysis

12.1 Overview
12.2 Strengths
12.3 Weaknesses
12.4 Opportunities
12.5 Threats

13 Value Chain Analysis

14 Porters Five Forces Analysis

14.1 Overview
14.2 Bargaining Power of Buyers
14.3 Bargaining Power of Suppliers
14.4 Degree of Competition
14.5 Threat of New Entrants
14.6 Threat of Substitutes

15 Price Analysis

16 Competitive Landscape

16.1 Market Structure
16.2 Key Players
16.3 Profiles of Key Players
16.3.1 A10 Networks Inc.
16.3.1.1 Company Overview
16.3.1.2 Product Portfolio
16.3.1.3 Financials
16.3.2 Amazon Web Services Inc. (Amazon.com Inc)
16.3.2.1 Company Overview
16.3.2.2 Product Portfolio
16.3.2.3 SWOT Analysis
16.3.3 Array Networks Inc.
16.3.3.1 Company Overview
16.3.3.2 Product Portfolio
16.3.3.3 Financials
16.3.4 Cisco Systems Inc.
16.3.4.1 Company Overview
16.3.4.2 Product Portfolio
16.3.4.3 Financials
16.3.4.4 SWOT Analysis
16.3.5 Citrix Systems Inc.
16.3.5.1 Company Overview
16.3.5.2 Product Portfolio
16.3.5.3 Financials
16.3.5.4 SWOT Analysis
16.3.6 Cloudflare Inc.
16.3.6.1 Company Overview
16.3.6.2 Product Portfolio
16.3.6.3 Financials
16.3.7 F5 Inc.
16.3.7.1 Company Overview
16.3.7.2 Product Portfolio
16.3.7.3 Financials
16.3.7.4 SWOT Analysis
16.3.8 Fastly Inc.
16.3.8.1 Company Overview
16.3.8.2 Product Portfolio
16.3.8.3 Financials
16.3.9 Fortinet Inc.
16.3.9.1 Company Overview
16.3.9.2 Product Portfolio
16.3.9.3 Financials
16.3.9.4 SWOT Analysis
16.3.10 Google LLC
16.3.10.1 Company Overview
16.3.10.2 Product Portfolio
16.3.10.3 SWOT Analysis
16.3.11 Hewlett Packard Enterprise Development LP
16.3.11.1 Company Overview
16.3.11.2 Product Portfolio
16.3.11.3 Financials
16.3.11.4 SWOT Analysis
16.3.12 International Business Machines Corporation
16.3.12.1 Company Overview
16.3.12.2 Product Portfolio
16.3.12.3 Financials
16.3.12.4 SWOT Analysis
16.3.13 Microsoft Corporation
16.3.13.1 Company Overview
16.3.13.2 Product Portfolio
16.3.13.3 Financials
16.3.13.4 SWOT Analysis
16.3.14 Palo Alto Networks Inc.
16.3.14.1 Company Overview
16.3.14.2 Product Portfolio
16.3.14.3 Financials
16.3.14.4 SWOT Analysis
16.3.15 Radware Ltd.
16.3.15.1 Company Overview
16.3.15.2 Product Portfolio
16.3.15.3 Financials

List of Figures

Figure 1: Global: Load Balancer Market: Major Drivers and Challenges
Figure 2: Global: Load Balancer Market: Sales Value (in Billion US$), 2016-2021
Figure 3: Global: Load Balancer Market Forecast: Sales Value (in Billion US$), 2022-2027
Figure 4: Global: Load Balancer Market: Breakup by Type (in %), 2021
Figure 5: Global: Load Balancer Market: Breakup by Component (in %), 2021
Figure 6: Global: Load Balancer Market: Breakup by Deployment Mode (in %), 2021
Figure 7: Global: Load Balancer Market: Breakup by Enterprise Size (in %), 2021
Figure 8: Global: Load Balancer Market: Breakup by End Use Industry (in %), 2021
Figure 9: Global: Load Balancer Market: Breakup by Region (in %), 2021
Figure 10: Global: Load Balancer (Local Load Balancers) Market: Sales Value (in Million US$), 2016 & 2021
Figure 11: Global: Load Balancer (Local Load Balancers) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 12: Global: Load Balancer (Global Load Balancers) Market: Sales Value (in Million US$), 2016 & 2021
Figure 13: Global: Load Balancer (Global Load Balancers) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 14: Global: Load Balancer (Hardware) Market: Sales Value (in Million US$), 2016 & 2021
Figure 15: Global: Load Balancer (Hardware) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 16: Global: Load Balancer (Software) Market: Sales Value (in Million US$), 2016 & 2021
Figure 17: Global: Load Balancer (Software) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 18: Global: Load Balancer (Services) Market: Sales Value (in Million US$), 2016 & 2021
Figure 19: Global: Load Balancer (Services) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 20: Global: Load Balancer (On-premises) Market: Sales Value (in Million US$), 2016 & 2021
Figure 21: Global: Load Balancer (On-premises) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 22: Global: Load Balancer (Cloud-based) Market: Sales Value (in Million US$), 2016 & 2021
Figure 23: Global: Load Balancer (Cloud-based) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 24: Global: Load Balancer (Small and Medium-sized Enterprises) Market: Sales Value (in Million US$), 2016 & 2021
Figure 25: Global: Load Balancer (Small and Medium-sized Enterprises) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 26: Global: Load Balancer (Large Enterprises) Market: Sales Value (in Million US$), 2016 & 2021
Figure 27: Global: Load Balancer (Large Enterprises) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 28: Global: Load Balancer (BFSI) Market: Sales Value (in Million US$), 2016 & 2021
Figure 29: Global: Load Balancer (BFSI) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 30: Global: Load Balancer (IT and Telecom) Market: Sales Value (in Million US$), 2016 & 2021
Figure 31: Global: Load Balancer (IT and Telecom) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 32: Global: Load Balancer (Retail) Market: Sales Value (in Million US$), 2016 & 2021
Figure 33: Global: Load Balancer (Retail) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 34: Global: Load Balancer (Government) Market: Sales Value (in Million US$), 2016 & 2021
Figure 35: Global: Load Balancer (Government) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 36: Global: Load Balancer (Manufacturing) Market: Sales Value (in Million US$), 2016 & 2021
Figure 37: Global: Load Balancer (Manufacturing) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 38: Global: Load Balancer (Media and Entertainment) Market: Sales Value (in Million US$), 2016 & 2021
Figure 39: Global: Load Balancer (Media and Entertainment) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 40: Global: Load Balancer (Healthcare) Market: Sales Value (in Million US$), 2016 & 2021
Figure 41: Global: Load Balancer (Healthcare) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 42: Global: Load Balancer (Other End Use Industries) Market: Sales Value (in Million US$), 2016 & 2021
Figure 43: Global: Load Balancer (Other End Use Industries) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 44: North America: Load Balancer Market: Sales Value (in Million US$), 2016 & 2021
Figure 45: North America: Load Balancer Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 46: United States: Load Balancer Market: Sales Value (in Million US$), 2016 & 2021
Figure 47: United States: Load Balancer Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 48: Canada: Load Balancer Market: Sales Value (in Million US$), 2016 & 2021
Figure 49: Canada: Load Balancer Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 50: Asia-Pacific: Load Balancer Market: Sales Value (in Million US$), 2016 & 2021
Figure 51: Asia-Pacific: Load Balancer Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 52: China: Load Balancer Market: Sales Value (in Million US$), 2016 & 2021
Figure 53: China: Load Balancer Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 54: Japan: Load Balancer Market: Sales Value (in Million US$), 2016 & 2021
Figure 55: Japan: Load Balancer Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 56: India: Load Balancer Market: Sales Value (in Million US$), 2016 & 2021
Figure 57: India: Load Balancer Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 58: South Korea: Load Balancer Market: Sales Value (in Million US$), 2016 & 2021
Figure 59: South Korea: Load Balancer Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 60: Australia: Load Balancer Market: Sales Value (in Million US$), 2016 & 2021
Figure 61: Australia: Load Balancer Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 62: Indonesia: Load Balancer Market: Sales Value (in Million US$), 2016 & 2021
Figure 63: Indonesia: Load Balancer Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 64: Others: Load Balancer Market: Sales Value (in Million US$), 2016 & 2021
Figure 65: Others: Load Balancer Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 66: Europe: Load Balancer Market: Sales Value (in Million US$), 2016 & 2021
Figure 67: Europe: Load Balancer Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 68: Germany: Load Balancer Market: Sales Value (in Million US$), 2016 & 2021
Figure 69: Germany: Load Balancer Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 70: France: Load Balancer Market: Sales Value (in Million US$), 2016 & 2021
Figure 71: France: Load Balancer Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 72: United Kingdom: Load Balancer Market: Sales Value (in Million US$), 2016 & 2021
Figure 73: United Kingdom: Load Balancer Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 74: Italy: Load Balancer Market: Sales Value (in Million US$), 2016 & 2021
Figure 75: Italy: Load Balancer Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 76: Spain: Load Balancer Market: Sales Value (in Million US$), 2016 & 2021
Figure 77: Spain: Load Balancer Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 78: Russia: Load Balancer Market: Sales Value (in Million US$), 2016 & 2021
Figure 79: Russia: Load Balancer Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 80: Others: Load Balancer Market: Sales Value (in Million US$), 2016 & 2021
Figure 81: Others: Load Balancer Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 82: Latin America: Load Balancer Market: Sales Value (in Million US$), 2016 & 2021
Figure 83: Latin America: Load Balancer Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 84: Brazil: Load Balancer Market: Sales Value (in Million US$), 2016 & 2021
Figure 85: Brazil: Load Balancer Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 86: Mexico: Load Balancer Market: Sales Value (in Million US$), 2016 & 2021
Figure 87: Mexico: Load Balancer Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 88: Others: Load Balancer Market: Sales Value (in Million US$), 2016 & 2021
Figure 89: Others: Load Balancer Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 90: Middle East and Africa: Load Balancer Market: Sales Value (in Million US$), 2016 & 2021
Figure 91: Middle East and Africa: Load Balancer Market: Breakup by Country (in %), 2021
Figure 92: Middle East and Africa: Load Balancer Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 93: Global: Load Balancer Industry: SWOT Analysis
Figure 94: Global: Load Balancer Industry: Value Chain Analysis
Figure 95: Global: Load Balancer Industry: Porter's Five Forces Analysis

List of Tables

Table 1: Global: Load Balancer Market: Key Industry Highlights, 2021 and 2027
Table 2: Global: Load Balancer Market Forecast: Breakup by Type (in Million US$), 2022-2027
Table 3: Global: Load Balancer Market Forecast: Breakup by Component (in Million US$), 2022-2027
Table 4: Global: Load Balancer Market Forecast: Breakup by Deployment Mode (in Million US$), 2022-2027
Table 5: Global: Load Balancer Market Forecast: Breakup by Enterprise Size (in Million US$), 2022-2027
Table 6: Global: Load Balancer Market Forecast: Breakup by End Use Industry (in Million US$), 2022-2027
Table 7: Global: Load Balancer Market Forecast: Breakup by Region (in Million US$), 2022-2027
Table 8: Global: Load Balancer Market: Competitive Structure
Table 9: Global: Load Balancer Market: Key Players