Cloud Load Balancers Market Share

  • Report ID: 5077
  • Published Date: Jun 28, 2024
  • Report Format: PDF, PPT

Cloud Load Balancers Market Share

North American Market Statistics

The North America for cloud load balancers market is expected to dominate revenue share by 2036, backed by growing adoption of the cloud. Every industry of the economy in this region has embraced cloud-based services, making the North America region the area where cloud computing services initially gained popularity. In order to maintain flexibility and scalability, more businesses are expected to integrate their infrastructure and systems with load balancers, which is expected to fuel market expansion in the region.

Additionally, this region's rapid adoption of cutting-edge technology and large expenditure on information and communication technologies are the prime factors boosting the market revenue for cloud load balancer. Further, this region has a high number of online gamers, and video streamers, driving the need for data center service. Moreover, about 24% of North American employees were expected to work almost permanently commencing in 2022. This could also be an influencing factor for market growth.

Asia Pacific Market Forecast

The Asia Pacific cloud load balancers market is estimated to register substantial growth rate through 2036. The economies of numerous nations, including China, India, Japan, and many others, have an important effect on the APAC region. Businesses in these countries desire more capable, trustworthy, cost-effective, and secure cloud-based load balancers. The mechanical improvements in this area and the increasing shift towards cloud load balancers are predicted to provide further benefits for the surge in the global cloud load balancers market share.

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Cloud Load Balancers Market Size
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Author Credits:  Abhishek Verma


  • Report ID: 5077
  • Published Date: Jun 28, 2024
  • Report Format: PDF, PPT

Frequently Asked Questions (FAQ)

In the year 2024, the industry size of cloud load balancers is assessed at USD 10.58 Billion.

The cloud load balancers market size was over USD 9.29 Billion in 2023 and is projected to exceed USD 64.69 Billion by 2036, witnessing over 16.1% CAGR during the forecast period i.e., between 2024-2036. The major factors driving the growth of the market are growth in number of data centers, rise in connected devices, and surge in small businesses.

North America for cloud load balancers market is expected to dominate revenue share by 2036, backed by growing adoption of the cloud services in the region.

Amazon Web Services, Inc., F5, Inc., Citrix Systems, Inc., Microsoft, IBM Corporation, Google LLC, Imperva, Progress Software Corporation, Radware, Ltd., Check Point Software Technologies, Ltd.
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