BRAS Segment in Router And Switch Market Size is Projected to Cross USD 10 Billion by 2022 | Key Companies ADTRAN, ADVA Optical Networking, Alcatel-Lucent, Cisco, ECI Telecom, Ericsson, Extreme Networks, Juniper Networks, Tellabs

Broadband Access Aggregation (BRAS) in Router And Switch Market size 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. 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.

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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.

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.

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.

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The router and switch market size is estimated to be worth USD 41.02 billion by 2022. The report is a professional and detailed qualitative market research on the current scenario of the key regional markets. It also features a comprehensive discussion about the market trends, aspects like drivers, restraints, opportunities, challenges that impact SP switching and routing device market. The boom in adoption to cloud computing solutions is likely to propel the Router and switch segment.

North America router and switch market is expected to be worth USD 15.5 billion at a growing CAGR of 2% during the forecast timeframe. The surge is attributed to noticeable growth in backhaul investments in the region. Asia Pacific, China in particular is projected to witness a substantial growth due to increasing demand for high-definition content and multi-screen delivery.

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Key market participants are profiled in the report with comprehensive analysis of business strategies, products and services, current trends and finance metrics. ADTRAN, ADVA Optical Networking, Alcatel-Lucent, Cisco, ECI Telecom, Ericsson, Extreme Networks, ZTE Corporation, Huawei Technologies, Juniper Networks, Tellabs are some of the major players in the router and switch market.

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