Press release
Router and Switch Market Detail Analysis focusing on Key Players ADTRAN, ADVA Optical Networking, Alcatel-Lucent, Cisco, ECI Telecom, Ericsson, Extreme Networks, ZTE Corporation, Huawei Technologies, Juniper Networks, Tellabs, RAD Data Communications
Market Overview: -Router and Switch Market size is projected to exceed USD 41 billion by 2022, growing at a CAGR of 2.9% from 2015 to 2022. Proliferating implementation of cloud computing solutions is anticipated to drive the industry demand. The swift in technology form hardware-based solutions to software solutions offers flexible and application-driven customization of network infrastructure.
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Mobile data traffic is estimated to burst over the forecast period owing to increasing number of devices over the network accompanied by faster network deployed by the operators. Recovering networks from large scale routers, being a time consuming exercise, might hamper the router and switch market size. Furthermore, localizing and detecting large-scale router failures are critical to enhance network reliability. Rising number of smart phones, wireless devices and highly developed network namely 3G, 4G and LTE is expected to provide potential growth opportunities.
Key industry players involved in the business and supporting the growth of the global router and switch market are as follows:
1. Actelis Networks
2. ADTRAN
3. ADVA Optical Networking
4. Alcatel-Lucent
5. Avici Systems
6. Cisco
7. ECI Telecom
8. Ericsson
9. Extreme Networks
10. Force10 Networks
11. ZTE Corporation
12. Hatteras Networks
13. Huawei Technologies
14. Juniper Networks
15. MRV Communications
16. RAD Data Communications
17. Telco Systems
18. Tellabs
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Market Segmentation: -
Based on the product, the global router and switch market is bifurcated into Ethernet service edge router, internet exchange router, multiservice edge router, ATM switch, service provider core router and network termination equipment. As the information/data carriers become growingly dependent on Ethernet service to transfer IP traffic in their systems, demand for these Ethernet service edge products is predicted to grow during the estimated period. Depending upon service, global router and switch market is divided into broadband aggregation service, Ethernet access service, internet data centre service and Ethernet aggregation service.
Router and Switch Service Analysis: -
• BRAS
• Ethernet Access
• Ethernet Aggregation
• Internet Data Center
Geographical locations Analysis: -
global router and switch market is bifurcated into North American subcontinent, APAC zone, European continent and rest of the world.
The subcontinent of North America contributed maximum share to the total share of the global router and switch market in 2014. The reason behind the growth of the market in the subcontinent is due to the backhaul investments in mobile technology growing significantly in US as service providers buy the products for fulfilling the data demand though different LTE enabled equipments/tools.
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Further, the growth of the market in North America can be attributed to factors like growing broadband and mobile data traffic forcing service providers to upgrade their mobile backhaul, broadband aggregation, core network and broadband access in regions of US and Canada of North America.
The enhanced growth of the router and switch market in China due to large scale growth of data and video for residential customers and firms in China is predicted to contribute towards the demand & growth of the router and switch market in APAC zone.
The growth of data and video in China is due to growing demand for high definition content, multi screen delivery and growing use of tablets & smartphones along with growing acceptance of cloud applications.
Browse Related Report: -
Virtual Router Market Size, Industry Analysis Report, Regional Outlook (U.S., Canada, UK, Germany, France, Italy, Spain, China, India, Japan, Australia, Brazil, Mexico, GCC, South Africa), Growth Potential, Competitive Market Share & Forecast, 2018 – 2024
https://www.gminsights.com/industry-analysis/virtual-router-market
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Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider; offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy and biotechnology.
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Global Market Insights, Inc.
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