Join date: Jul 6, 2021

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The global load balancer market size is expected to grow from USD 2.6 billion in 2018 to USD 5.0 billion by 2023, at a Compound Annual Growth Rate (CAGR) of 13.7% during the forecast period. Increasing adoption of cloud load balancing services, data center traffic, and server virtualization are major growth factors for the global load balancing market. The study involved 4 major activities to estimate the current market size for load balancer products. Exhaustive secondary research was done to collect information on market, peer market, and parent market.