The global hardware load balancer market is expected to grow at a significant CAGR during the forecast period 2021-2027. The hardware load balancer is also known as a hardware load balancing device (HLD). The HLD is specialized in the operating system that enables distribution and manage web application traffic over a cluster of servers. The hardware load balancer is a more complex device that comprises wide-scale and enough capacity to meet the highest network traffic peek and result to offer relevant data among enterprises.
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The enhanced web performance, secure operation and 24/7 infrastructure accessibility are some important features attributed by the hardware load balancer and are anticipated to explore the global market growth of hardware load balancer. Additionally, the rising adoption of cloud-based services and growing data centres are expected to fuel the growth of the global hardware load balancer market during the forecast period.
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- Market Coverage
- Market number available for – 2023-2029
- Base year- 2022
- Forecast period- 2023-2029
- Segment Covered- By Source, By Product Type, By Applications
- Competitive Landscape- Archer Daniels Midland Co., Ingredion Inc., Kerry Group Plc, Cargill
- , and others
Global Hardware Load Balancer Market by Segment
By Type
o Global Load Balancers
o Local Load Balancers
By Enterprise Size
o Large Enterprises
o Small & Medium Size Enterprises
By Industry Vertical
o IT & Telecommunication
o BFSI
o Government
o Retail
o Manufacturing
o Energy
o Media & Entertainment
o Healthcare
o Other
Global Hardware Load Balancer Market by Region
North America
- United States
- Canada
Europe
- UK
- Germany
- Italy
- Spain
- France
- Rest of Europe
Asia-Pacific
- China
- India
- Japan
- South Korea
- Rest of Asia-Pacific
Rest of the World
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