Know about Load Balancer

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A load balancer is a device that distributes network or application traffic across a cluster of servers. Its key role is to balance load, which manages the flow of information or traffic between the server and an endpoint device. This device facilitates servers to transfer data efficiently, optimize use of application delivery resources, and prevent server overloads. Moreover, it continuously conducts checks of networks on servers to ensure request handling and if necessary, the load balancer removes unreliable servers until they are restored. In addition, it exhibits the capability to trigger creation of new virtualized application servers to meet the increasing client request on a server. Load balancing constitutes various algorithms and methods depending upon the application delivery controller criteria to which it redirects each client request. Core load balancing capabilities include layer 4 (L4) load balancing, layer 7 (L7) load balancing, content switching, and global server load balancing (GSLB).

Proliferation of cloud load balancing services and server virtualization is a key factor that drives the adoption of load balancer, due to its ability to trigger creation of new virtualized application servers. Surge in investments for new digital transformation initiatives by governments and increase in data center traffic due to rise in machine-to-machine connectivity, especially in developing economies, are the major factors that boost the load balancer market growth. 

The global load balancer market is segmented into component, product type, deployment, enterprise size, industry vertical, and region. By component, it is divided into hardware, software, and services. In terms of product type, it is bifurcated into local load balancers and global load balancers. Depending on deployment, it is categorized into cloud and on-premises. According to enterprise size, the load balancer market is segregated into large enterprises and small & medium enterprises. As per industry vertical, it is fragmented into BFSI, IT & telecom, retail, government, manufacturing, media & entertainment, healthcare, and others. Region wise, it is analyzed across North America, Europe, Asia-Pacific, and LAMEA.

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