The North America Load Balancer Market would witness market growth of 13.8% CAGR during the forecast period (2022-2028).
When backend resources are healthy, load balancers can identify them and prevent traffic from going to servers that are unable to process requests. A load balancer distributes traffic to several web servers in the resource pool, regardless of whether it is hardware or software, or what algorithm(s) it employs, to prevent any one server from becoming overloaded and hence unreliable. Throughput is increased while server response time is efficiently reduced.
The function of a load balancer has been compared to that of a traffic cop because it is designed to deliberately route requests to the appropriate locations at any given time, avoiding expensive bottlenecks and unanticipated events. In the end, load balancers should provide the security and performance required for sustaining complicated IT infrastructures and the various activities taking place within them.
In general, a load balancer serves as the server's "traffic controller" and routes requests to an available server that can successfully fulfill them. This guarantees that requests are met quickly and that no server is overworked to the point where performance is compromised. The load balancer assists in determining which server can effectively handle the requests as part of an organization's effort to satisfy the application demands. A better user experience is produced as a result.
With the rise of big data technologies, businesses now have a lot of ways to manage and turn rich data streams into information that can be used. High use in the retail as well as healthcare sectors is likely to drive demand in the regional market. Using statistics in both the public as well as private sectors also makes a lot of new business opportunities possible. Most of the major vendors in the region are based in the United States, and the adoption of Big Data services is indeed very high in the region's banking, manufacturing, professional services, process manufacturing, and federal/central government sectors.
The US market dominated the North America Load Balancer Market by Country 2021; thereby, achieving a market value of $3.0 billion by 2028. The Canada market is experiencing a CAGR of 16.4% during (2022 - 2028). Additionally, The Mexico market would exhibit a CAGR of 15.4% during (2022 - 2028).
Based on Type, the market is segmented into Global Type and Local Type. Based on Component, the market is segmented into Hardware, Software, and Services. Based on End-use, the market is segmented into IT & Telecom, Manufacturing, Government & Defense, BFSI, Retail, Healthcare, and Others. Based on Enterprise Size, the market is segmented into Large Enterprises and Small & Medium Enterprises. Based on Deployment, the market is segmented into On-premise and Cloud. Based on countries, the market is segmented into U.S., Mexico, Canada, and Rest of North America.
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include A10 Networks, Inc., Amazon Web Services, Inc. (Amazon.com, Inc.), Citrix Systems, Inc, F5, Inc., Google LLC, Imperva, Inc., IBM Corporation, Progress Software Corporation (Kemp Technologies), Microsoft Corporation and Radware Ltd.
Scope of the Study
Market Segments covered in the Report:
By Type
By Component
- Hardware
- Software
- Services
By End-use
- IT & Telecom
- Manufacturing
- Government & Defense
- BFSI
- Retail
- Healthcare
- Others
By Enterprise Size
- Large Enterprises
- Small & Medium Enterprises
By Deployment
By Country
- US
- Canada
- Mexico
- Rest of North America
Companies Profiled
- A10 Networks, Inc.
- Amazon Web Services, Inc. (Amazon.com, Inc.)
- Citrix Systems, Inc
- F5, Inc.
- Google LLC
- Imperva, Inc.
- IBM Corporation
- Progress Software Corporation (Kemp Technologies)
- Microsoft Corporation
- Radware Ltd.
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- Subscription based model available
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Table of Contents
Chapter 1. Market Scope & Methodology
- 1.1 Market Definition
- 1.2 Objectives
- 1.3 Market Scope
- 1.4 Segmentation
- 1.4.1 North America Load Balancer Market, by Type
- 1.4.2 North America Load Balancer Market, by Component
- 1.4.3 North America Load Balancer Market, by End-use
- 1.4.4 North America Load Balancer Market, by Enterprise Size
- 1.4.5 North America Load Balancer Market, by Deployment
- 1.4.6 North America Load Balancer Market, by Country
- 1.5 Methodology for the research
Chapter 2. Market Overview
- 2.1 Introduction
- 2.1.1 Overview
- 2.1.1.1 Market Composition & Scenario
- 2.2 Key Factors Impacting the Market
- 2.2.1 Market Drivers
- 2.2.2 Market Restraints
Chapter 3. Competition Analysis - Global
- 3.1 KBV Cardinal Matrix
- 3.2 Recent Industry Wide Strategic Developments
- 3.2.1 Partnerships, Collaborations and Agreements
- 3.2.2 Product Launches and Product Expansions
- 3.2.3 Acquisition and Mergers
- 3.2.4 Geographical Expansions
- 3.3 Top Winning Strategies
- 3.3.1 Key Leading Strategies: Percentage Distribution (2018-2022)
- 3.3.2 Key Strategic Move: (Partnerships, Collaborations and Agreements: 2019, Oct - 2022, Oct) Leading Players
Chapter 4. North America Load Balancer Market by Type
- 4.1 North America Global Type Load Balancer Market by Country
- 4.2 North America Local Type Load Balancer Market by Country
Chapter 5. North America Load Balancer Market by Component
- 5.1 North America Hardware Market by Country
- 5.2 North America Software Market by Country
- 5.3 North America Services Market by Country
Chapter 6. North America Load Balancer Market by End-use
- 6.1 North America IT & Telecom Market by Country
- 6.2 North America Manufacturing Market by Country
- 6.3 North America Government & Defense Market by Country
- 6.4 North America BFSI Market by Country
- 6.5 North America Retail Market by Country
- 6.6 North America Healthcare Market by Country
- 6.7 North America Other End-use Market by Country
Chapter 7. North America Load Balancer Market by Enterprise Size
- 7.1 North America Large Enterprises Market by Country
- 7.2 North America Small & Medium Enterprises Market by Country
Chapter 8. North America Load Balancer Market by Deployment
- 8.1 North America On-premise Market by Country
- 8.2 North America Cloud Market by Country
Chapter 9. North America Load Balancer Market by Country
- 9.1 US Load Balancer Market
- 9.1.1 US Load Balancer Market by Type
- 9.1.2 US Load Balancer Market by Component
- 9.1.3 US Load Balancer Market by End-use
- 9.1.4 US Load Balancer Market by Enterprise Size
- 9.1.5 US Load Balancer Market by Deployment
- 9.2 Canada Load Balancer Market
- 9.2.1 Canada Load Balancer Market by Type
- 9.2.2 Canada Load Balancer Market by Component
- 9.2.3 Canada Load Balancer Market by End-use
- 9.2.4 Canada Load Balancer Market by Enterprise Size
- 9.2.5 Canada Load Balancer Market by Deployment
- 9.3 Mexico Load Balancer Market
- 9.3.1 Mexico Load Balancer Market by Type
- 9.3.2 Mexico Load Balancer Market by Component
- 9.3.3 Mexico Load Balancer Market by End-use
- 9.3.4 Mexico Load Balancer Market by Enterprise Size
- 9.3.5 Mexico Load Balancer Market by Deployment
- 9.4 Rest of North America Load Balancer Market
- 9.4.1 Rest of North America Load Balancer Market by Type
- 9.4.2 Rest of North America Load Balancer Market by Component
- 9.4.3 Rest of North America Load Balancer Market by End-use
- 9.4.4 Rest of North America Load Balancer Market by Enterprise Size
- 9.4.5 Rest of North America Load Balancer Market by Deployment
Chapter 10. Company Profiles
- 10.1 IBM Corporation
- 10.1.1 Company Overview
- 10.1.2 Financial Analysis
- 10.1.3 Regional & Segmental Analysis
- 10.1.4 Research & Development Expenses
- 10.1.5 Recent strategies and developments:
- 10.1.5.1 Product Launches and Product Expansions:
- 10.1.5.2 Acquisition and Mergers:
- 10.1.6 SWOT Analysis
- 10.2 Microsoft Corporation
- 10.2.1 Company Overview
- 10.2.2 Financial Analysis
- 10.2.3 Segmental and Regional Analysis
- 10.2.4 Research & Development Expenses
- 10.2.5 Recent strategies and developments:
- 10.2.5.1 Partnerships, Collaborations, and Agreements:
- 10.2.5.2 Product Launches and Product Expansions:
- 10.2.6 SWOT Analysis
- 10.3 Google LLC
- 10.3.1 Company Overview
- 10.3.2 Financial Analysis
- 10.3.3 Segmental and Regional Analysis
- 10.3.4 Research & Development Expense
- 10.3.5 Recent strategies and developments:
- 10.3.5.1 Partnerships, Collaborations, and Agreements:
- 10.3.5.2 Geographical Expansions:
- 10.3.6 SWOT Analysis
- 10.4 Amazon Web Services, Inc. (Amazon.com, Inc.)
- 10.4.1 Company Overview
- 10.4.2 Financial Analysis
- 10.4.3 Segmental Analysis
- 10.4.4 Recent strategies and developments:
- 10.4.4.1 Partnerships, Collaborations, and Agreements:
- 10.4.5 SWOT Analysis
- 10.5 Citrix Systems, Inc.
- 10.5.1 Company Overview
- 10.5.2 Financial Analysis
- 10.5.3 Regional Analysis
- 10.5.4 Research & Development Expense
- 10.5.5 Recent strategies and developments:
- 10.5.5.1 Partnerships, Collaborations, and Agreements:
- 10.5.5.2 Acquisition and Mergers:
- 10.5.6 SWOT Analysis
- 10.6 F5 Networks, Inc.
- 10.6.1 Company Overview
- 10.6.2 Financial Analysis
- 10.6.3 Regional Analysis
- 10.6.4 Research & Development Expenses
- 10.6.5 Recent strategies and developments:
- 10.6.5.1 Partnerships, Collaborations, and Agreements:
- 10.6.5.2 Product Launches and Product Expansions:
- 10.6.5.3 Acquisition and Mergers:
- 10.6.5.4 Geographical Expansions:
- 10.7 A10 Networks, Inc.
- 10.7.1 Company Overview
- 10.7.2 Financial Analysis
- 10.7.3 Regional Analysis
- 10.7.4 Research & Development Expenses
- 10.7.5 Recent strategies and developments:
- 10.7.5.1 Partnerships, Collaborations, and Agreements:
- 10.7.5.2 Product Launches and Product Expansions:
- 10.8 Radware Ltd.
- 10.8.1 Company Overview
- 10.8.2 Financial Analysis
- 10.8.3 Regional Analysis
- 10.8.4 Research & Development Expenses
- 10.8.5 Recent strategies and developments:
- 10.8.5.1 Partnerships, Collaborations, and Agreements:
- 10.8.5.2 Acquisition and Mergers:
- 10.8.5.3 Geographical Expansions:
- 10.9 Progress Software Corporation (Kemp Technologies)
- 10.9.1 Company Overview
- 10.9.2 Financial Analysis
- 10.9.3 Regional Analysis
- 10.9.4 Recent strategies and developments:
- 10.9.4.1 Partnerships, Collaborations, and Agreements:
- 10.9.4.2 Geographical Expansions:
- 10.10. Imperva, Inc.
- 10.10.1 Company Overview
- 10.10.2 Recent strategies and developments:
- 10.10.2.1 Partnerships, Collaborations, and Agreements:
- 10.10.2.2 Acquisition and Mergers: