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The Load Balancer market was valued at 1100 Million US$ in 2018 and is projected to reach 2270 Million US$ by 2025, at a CAGR of 9.5% during the forecast period- Valuates Reports

05-23-2019 05:39 PM CET | Advertising, Media Consulting, Marketing Research

Press release from: Valuates Reports

The Load Balancer market was valued at 1100 Million US$ in 2018

The Load Balancer market was valued at 1100 Million US$ in 2018 and is projected to reach 2270 Million US$ by 2025, at a CAGR of 9.5% during the forecast period. In this study, 2018 has been considered as the base year and 2019 to 2025 as the forecast period to estimate the market size for Load Balancer.A load balancer is a device that acts as a reverse proxy and distributes network or application traffic across a number of servers.
In consumption market, the global consumption revenue has decreased to 1099.1 Million USD in 2017 from 670.3 Million USD in 2012.
View Full Report: https://reports.valuates.com/sreport/QYRE-Auto-1486/Global_Load_Balancer_Market
North America is the largest consumption regions of Load Balancer, with a consumption value market share nearly 43.96% in 2016.

The second place is Europe; following North America with the consumption value market share over 24.14% in 2016.

Load Balancer mainly used by IT & Telecom, BFSI, Government & Public Utilities and other Industries. Report data showed that 32.03% of the Load Balancer market demand for IT & Telecom in 2016.

There are three kinds of Load Balancer, which are 40 Gbps Type Load Balancer,

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