Load Balancer Market is forecast to reach $6.5 billion by 2025, at a CAGR of 13.8% during 2020-2025.
Increased awareness among enterprises about the benefits of cloud and networking technologies coupled with increasing network complexity and varied cloud traffic pattern. In 2018, according to the report given by CISCO, the global cloud traffic will increase up to 14.10% by 2020. Similarly increase in data center traffic due to rising machine-to-machine connectivity, especially in developing economies, are the major factors that boost the load balancer market growth in the forecast period.
