A load balancer represents a device that reverses proxy and distributes network or application traffic to various servers. It instantly redirects its workload to a backup server if a server fails and reduces the impact on end-users. A load balancer aids in performing specific tasks and in improving the reliability and capacity of applications, thus improving their overall performance by decreasing the burden on servers associated with managing and maintaining application and network sessions. As they are scalable, efficient, and flexible and help minimize downtime, load balancers find extensive utilization across numerous sectors, including retail, energy, manufacturing, information and technology (IT), telecom, etc.

Load Balancer Market Trends:

The expanding focus among organizations on responding faster to clients or user requests is primarily driving the load balancer market. Moreover, the elevating sales of smartphones and the increasing internet penetration across the globe are encouraging the adoption of the cloud, which is further propelling the product demand. Besides this, the accelerating levels of server virtualization, the rising adoption of connected devices, and the inflating popularity of remote working models are acting as another growth-inducing factors. Additionally, the inflating investments by governing bodies in the upgradation of network infrastructures are also positively influencing the market growth. Furthermore, the escalating data center traffic, owing to the growing machine-to-machine connectivity, is expected to catalyze the load balancer market over the forecasted period.

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Load Balancer Market 2021-2026 Analysis and Segmentation:

Competitive Landscape:

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.

The report has segmented the market on the basis on region, disc type, material type and end user.

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 User 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

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