Router and Switch Market on growth track to 2022 | Key Players- Actelis Networks, ADTRAN, ADVA Optical Networking, ECI Telecom, Extreme Networks, Force10 Networks, MRV Communications, RAD Data Communications, Telco Systems, Tellabs

Router and Switch Market is expected to grow at 3% to surpass USD 40 billion by 2022. Smooth transition from hardware based to software based solutions provides customized and flexible network infrastructure as per the user application. Booming implementation for cloud computing solutions is expected to drive the industry during the forecast timeframe.

The key players covered in this study are Actelis Networks, ADTRAN, ADVA Optical Networking, Alcatel-Lucent, Avici Systems, Cisco, ECI Telecom, Ericsson, Extreme Networks, Force10 Networks, ZTE Corporation, Hatteras Networks, Huawei Technologies, Juniper Networks, MRV Communications, RAD Data Communications, Telco Systems, Tellabs

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Application-Specific Integrated Circuits (ASIC) along with software and hardware components offers precise solutions to satisfy the customer requirements. The advantages of ASIC are achieving the clients demand in terms of quality, scalability, cost of ownership and security. Booming urge for software solutions is driving the router and switch market demand.

Substantial number of businesses across the world are encouraging application of BYOD use thereby facilitating their workers to carry their own devices allowing employees to make fast decisions and access real time data. BYOD segment is the key factor for security enhancement systems to tackle complex situations owing companies to invest in IT. Moreover, it has benefits such as employee satisfaction, better productivity, and cost reductions which will support the router and switch market growth.

Fast network deployment is aiding to increase in number of mobile devices. Spur in router and switch market is witnessed due to rise in number of smart phones, wireless devices, and networks such as 3G,4G, and VoLTE.

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Internet protocols are large scale networks carrying bulk data. Thus, network failure may lead to huge amount of losses. High costs are involved in regular maintenance of the hardware components and upgradation of software solutions. These excessive costs may restrict the router and switch market growth rate.

Ethernet service edge device is expected to exceed USD 10 billion by 2022. Service provider core router market was valued at USD 3 billion in 2014, and will witness growth owing to features such as low power consumption, high efficiency and optimized rack space.

In 2014, the Internet data center segment was valued at more than USD 12 billion and is likely to have substantial growth during forecast period owing to numerous benefits offered by the components such as space access and enhanced power. Broadband Access Aggregation (BRAS) is expected to exceed USD 10 billion by 2022 owing to rising demand for high speed network notably multiplayer gaming, video on demand, and digital audio.

Asia Pacific accounted for a large global share in the industry in 2014 owing to surge in demand for high definition content and multi-screen delivery.

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Router and switch market participants are Huawei Technologies, Alcatel-Lucent, Juniper Networks, Cisco Systems, and ZTE Corporation, wherein Cisco Systems which mainly deals in network component sales.

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