Global Load Balancing Tools Market Overview:
Load balancing tools are used to divide traffic of networks or websites on multiple servers in order to reduce downtime. The fourth industrial revolution opened the door for technological advancements across the globe. In today's time, many businesses are shifting towards the digital transformation of the business to offer enhanced services and remain competitive in the market. Further, the huge installation of cloud-based software and increasing use of the internet and digital devices has raised the adoption of load balancing tools. The load balancers minimize the load on the website or network and prevent failures. Load balancing tools are becoming more popular in the IT industries to reduce the failure of networks or websites especially in the morning time or on weekends.
- Surging Demand for Load Balancing Tools to Monitor and Distribute Network Traffic
- Growing Popularity of Cloud Computing Across the Various Industry Verticals
- Some Load Balancing Tools are Costly If Company has High Traffic Websites
- High Adoption of Load Balancing Tools by the IT Companies to Manage Failures and Increase Performance
- Slow Scalability of Some Load Balancing Tools Compared to Others
The companies are exploring the market by adopting mergers & acquisitions, expansions, investments, new service launches, and collaborations as their preferred strategies. The players are exploring new geographies through expansions and acquisitions to avail a competitive advantage through combined synergies.
Some of the key players profiled in the report are Nginx, Inc. (United States), Citrix Systems (United States), A10 Networks, Inc. (United States), Avi Networks (United States), Radware (Israel), Cedexis (United States), Varnish Software (Sweden), EdgeNEXUS (United Kingdom), Noction (United States), VMware (United States), Inlab Networks GmbH (Germany), Barracuda Networks (United States), Imperva (United States), Array Networks (United States), Zevenet (Spain), IBM (United States), Microsoft (United States) and AWS (United States). Analyst at AMA Research see United States Players to retain maximum share of Global Load Balancing Tools market by 2026. Considering Market by Vertical, the sub-segment i.e. IT & Telecom will boost the Load Balancing Tools market. Considering Market by Enterprise Size, the sub-segment i.e. Small & Medium Enterprises will boost the Load Balancing Tools market. Considering Market by Deployment, the sub-segment i.e. Cloud will boost the Load Balancing Tools market.
Latest Market Insights:
In 2019, VMware announced its intent to acquire Avi Networks to reinvent itself to help companies build and manage virtual machines in data centers. Avi Networks is a startup that offers load balancing tools to help companies balance application delivery in the cloud or on-premises. With this acquisition, VMware will be able to deliver load balancing tools to manage the company’s infrastructure.
What Can be Explored with the Load Balancing Tools Market Study
Gain Market Understanding
Identify Growth Opportunities
Analyze and Measure the Global Load Balancing Tools Market by Identifying Investment across various Industry Verticals
Understand the Trends that will drive Future Changes in Load Balancing Tools
Understand the Competitive Scenario
- Track Right Markets
- Identify the Right Verticals
The top-down and bottom-up approaches are used to estimate and validate the size of the Global Load Balancing Tools market.
In order to reach an exhaustive list of functional and relevant players various industry classification standards are closely followed such as NAICS, ICB, SIC to penetrate deep in important geographies by players and a thorough validation test is conducted to reach most relevant players for survey in Load Balancing Tools market.
In order to make priority list sorting is done based on revenue generated based on latest reporting with the help of paid databases such as Factiva, Bloomberg etc.
Finally the questionnaire is set and specifically designed to address all the necessities for primary data collection after getting prior appointment by targeting key target audience that includes New Entrants/Investors, Analysts and Strategic Business Planners, Load Balancing Tools Providers, Venture Capitalists and Private Equity Firms, Government Regulatory and Research Organizations, End-User Industry and Others.
This helps us to gather the data related to players revenue, operating cycle and expense, profit along with product or service growth etc.
Almost 70-80% of data is collected through primary medium and further validation is done through various secondary sources that includes Regulators, World Bank, Association, Company Website, SEC filings, OTC BB, USPTO, EPO, Annual reports, press releases etc.
Frequently Asked Questions (FAQ):1. What is the growth rate predicted for the Global Load Balancing Tools Market?
The Load Balancing Tools market is expected to see a CAGR of % during projected year 2020 to 2026.
2. Who are the top performing companies in Load Balancing Tools Market?
Top performing companies in the Global Load Balancing Tools market are Nginx, Inc. (United States), Citrix Systems (United States), A10 Networks, Inc. (United States), Avi Networks (United States), Radware (Israel), Cedexis (United States), Varnish Software (Sweden), EdgeNEXUS (United Kingdom), Noction (United States), VMware (United States), Inlab Networks GmbH (Germany), Barracuda Networks (United States), Imperva (United States), Array Networks (United States), Zevenet (Spain), IBM (United States), Microsoft (United States) and AWS (United States), to name a few.
3. What trending factors would impact Load Balancing Tools Market growth most?
"Evolution of Load Balancers into Application Delivery Controllers (ADC)" is seen as one of major influencing trends for Load Balancing Tools Market during projected period 2020-2026.