(IT-NEWSWIRE.COM, May 19, 2019 ) The load balancer market improves revenue development and productivity by enabling readers to classify products and services by providing up-to-date information on current and future industry trends. The research report provides detailed study of all important factors affecting the market at global and regional levels, including drivers, incarceration, threats, challenges, opportunities and trends by industry.
Load balancers facilitate the distribution of network traffic across data centers. Software-based load balancers are cost-effective and provide for easy scalability. Hence, enterprises across verticals are load balancer solutions. However, limited bandwidth providers and the lack of access to high-speed internet may restrain the growth of load balancer market.
Some of the key players influencing the load balancer market are A10 Networks, Inc., Citrix Systems, Inc., F5 Networks, Inc., IBM Corporation, Imperva, Inlab Networks GmbH, Loadbalancer.org, Inc., Microsoft Corporation, Hewlett-Packard Development Company, L.P., and Radware among others.
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Global load balancers to hold a larger market size during the forecast period
Global load balancers facilitate network traffic distribution to a group of data centers in various geographic locations. They are located at a single site and provide load balancing to multiple sites or data centers. Global load balancers act as internet DNS services and provide the IP address to local clients who are accessing data center services. Global load balancers are being increasingly adopted as organizations require efficient network traffic distribution for multiple servers located at different locations.
However, deployment of advanced load balancer components into the existing networking system act as one of a restraining factor as it may create hurdles in respect to incur of more cost, which might impact the growth of load balancer market. Despite the restraining factor, an exponential demand is forecasted for new technologies such as artificial intelligence, IoT, and others which are anticipated to render ample growth opportunities to load balancer market.
The breakup of the profiles of the primary participants as follows:
By Company Type: Tier I: 35%, Tier II: 45%, and Tier III: 20%
By Designation: C-Level: 35%, D-Level: 25%, and Others: 40%
By Region: North America: 45%, Europe: 20%, APAC: 30%, and RoW: 5%
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The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides overview and forecast of the global load balancer market based on deployment type, component, type, and industry vertical. It also provides market size and forecast till 2027 for overall Load Balancer market with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America (SAM). The market by each region is later sub-segmented by respective countries and segments. The report covers analysis and forecast of 18 countries globally along with current trend and opportunities prevailing in the region.
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