Global Cloud Load Balancers Market Size | 2019-2032

Global Cloud Load Balancers Market Size and Forecast by Type, Deployment Model, Industry, Organization Size, Load Balancing Method, and Region: Statistics | 2019-2032

Report Format:     | Pages: 250+
Type: Niche Industry Monitor | ID: CCT15812  | Publication: Sep 2024  |  US$1,790  |  

Global Cloud Load Balancers Market Growth and Performance


  • In 2023, the global cloud load balancers market size reached US$ 9.05 Billion, witnessing a YoY growth of 15.4%.
  • The market is projected to experience a significant upsurge in market revenue, reaching US$ 31.06 Billion by the end of 2032.
  • In terms of growth, the global cloud load balancers market is anticipated to expand at a CAGR of 14.3% between 2024 and 2032.
  • The global server load balancer (GSLB) segment is projected to experience a significant upsurge in market revenue, reaching US$ 18.03 Billion by the end of 2032.
  • The cloud load balancers market is expected to witness an absolute dollar opportunity of US$ 22.00 Billion between 2024 and 2032.
  • Among the diverse regions within this market, North America cloud load balancers market took the lead, reaching a market value of US$ 4.76 Billion in 2023.
  • The fastest growing market among regions is Latin America, experiencing a CAGR of 23.2% between 2024 and 2032.
  • While all the leading countries are still important, US ruled as the leading market in the global cloud load balancers industry in 2023.
  • Among the diverse end users, IT and telecom was the largest end-user vertical in terms of spending in the market in 2023.
  • The global cloud load balancers market is growing as organizations are adopting cloud-based load balancers to enhance application performance, reliability, and scalability. These solutions distribute traffic across multiple servers, ensuring high availability and minimal downtime.

Global Cloud Load Balancers Market Scope

Analysis Period

2019-2032

 

Actual Data

2019-2023

 

Base Year

2023

 

Estimated Year

2024

 

CAGR Period

2024-2032

 
 

Research Scope

 

Type

Global Server Load Balancer (GSLB)

 

Local Load Balancer (LLB)

 

Deployment Model

Public Cloud

 

Private Cloud

 

Hybrid Cloud

 

Industry

IT and Telecom

 

Media and Entertainment

 

Energy and Power

 

Transportation and Logistics

 

Healthcare

 

BFSI

 

Retail

 

Manufacturing

 

Public Sector

 

Other

 

Organization Size

Large Enterprises

 

Mid Enterprises

 

Small Enterprises

 

Load Balancing Method

Round Robin

 

Least Connections

 

IP Hash

 

Weighted Round Robin

 

Least Response Time

 

Company

Amazon Web Services (AWS), Microsoft, Google, F5 Networks, Citrix Systems,  A10 Networks, IBM Cloud, Alibaba, Oracle, and VMware.

 
 

 

Global Cloud Load Balancers Industry: Regional Coverage

 

Regional Scope

North America

US

Canada

Mexico

Western Europe

UK

Germany

France

Italy

Spain

Benelux

Nordics

Rest of Western Europe

Eastern Europe

Russia

Poland

Rest of Eastern Europe

Asia Pacific

Japan

Australia

China

South Korea

India

Malaysia

Hong Kong

Indonesia

New Zealand

Rest of Asia Pacific

Thailand

Vietnam

Philippines

Taiwan

Singapore

Latin America

Brazil

Peru

Colombia

Chile

Rest of Latin America

MEA

Israel

South Africa

Saudi Arabia

United Arab Emirates

Qatar

Kuwait

Oman

Bahrain

Nigeria

Kenya

Turkey

Rest of MEA

 

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