DUBLIN–(BUSINESS WIRE)–The “Load Balancers – Global Market Trajectory & Analytics” report has been added to ResearchAndMarkets.com’s offering.
Amid the COVID-19 crisis, the global market for Load Balancers estimated at US$3.3 Billion in the year 2020, is projected to reach a revised size of US$7.4 Billion by 2027, growing at a CAGR of 12.4% over the analysis period 2020-2027.
Hardware, one of the segments analyzed in the report, is projected to record a 11.5% CAGR and reach US$2.7 Billion by the end of the analysis period. After an early analysis of the business implications of the pandemic and its induced economic crisis, growth in the Software segment is readjusted to a revised 12% CAGR for the next 7-year period.
The U.S. Market is Estimated at $883.6 Million, While China is Forecast to Grow at 16.3% CAGR
The Load Balancers market in the U.S. is estimated at US$883.6 Million in the year 2020. China, the world`s second largest economy, is forecast to reach a projected market size of US$1.6 Billion by the year 2027 trailing a CAGR of 16% over the analysis period 2020 to 2027. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 8.7% and 10.8% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 9.8% CAGR.
Services Segment to Record 14% CAGR
In the global Services segment, USA, Canada, Japan, China and Europe will drive the 13.2% CAGR estimated for this segment. These regional markets accounting for a combined market size of US$670.3 Million in the year 2020 will reach a projected size of US$1.6 Billion by the close of the analysis period. China will remain among the fastest growing in this cluster of regional markets. Led by countries such as Australia, India, and South Korea, the market in Asia-Pacific is forecast to reach US$1.1 Billion by the year 2027, while Latin America will expand at a 15.6% CAGR through the analysis period.
Select Competitors (Total 35 Featured):
A1o Networks Array Networks Avanu Avi Networks AWS Barracuda Networks CItrix Systems Cloudflare Dialogic F5 Networks Fastly Fortinet Google HPE IBM Imperva Inlab Software Joyent Kemp Technologies Loadbalancer.Org Microsoft NGINX Radware Riverbed Technology Zevenet Key Topics Covered:
I. METHODOLOGY
II. EXECUTIVE SUMMARY
1. MARKET OVERVIEW
Influencer Market Insights World Market Trajectories Impact of Covid-19 and a Looming Global Recession 2. FOCUS ON SELECT PLAYERS
3. MARKET TRENDS & DRIVERS
4. GLOBAL MARKET PERSPECTIVE
III. MARKET ANALYSIS
UNITED STATES CANADA JAPAN CHINA EUROPE FRANCE GERMANY ITALY UNITED KINGDOM SPAIN RUSSIA REST OF EUROPE ASIA-PACIFIC AUSTRALIA INDIA SOUTH KOREA REST OF ASIA-PACIFIC LATIN AMERICA ARGENTINA BRAZIL MEXICO REST OF LATIN AMERICA MIDDLE EAST IRAN ISRAEL SAUDI ARABIA UNITED ARAB EMIRATES REST OF MIDDLE EAST AFRICA IV. COMPETITION
Total Companies Profiled: 35 For more information about this report visit https://www.researchandmarkets.com/r/2btpuq