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What are the Major Factors that will Drive Router and Switch Market Size?

07-12-2019 07:07 AM CET | IT, New Media & Software

Press release from: Global Market Insights, Inc.

/ PR Agency: Router and Switch Market
Router and Switch Market

Router and Switch Market

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.

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.

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The major players operating in the router and switch market -
1. ADTRAN
2. ADVA Optical Networking
3. Alcatel-Lucent
4. Cisco
5. ECI Telecom
6. Ericsson
7. Extreme Networks
8. Force10 Networks
9. ZTE Corporation
10. Huawei Technologies
11. Juniper Networks
12. MRV Communications
13. RAD Data Communications
14. Tellabs

Major Key Points from Table of Content:

Chapter 4. Router and Switch Product Insights
4.1. Internet Exchange Router
4.1.1. Global market estimates and forecasts by region, 2012 – 2022
4.2. Service Provider Core Router
4.2.1. Global market estimates and forecasts by region, 2012 – 2022
4.3. Multiservice Edge Router
4.3.1. Global market estimates and forecasts by region, 2012 – 2022
4.4. Ethernet Service Edge Router
4.4.1. Global market estimates and forecasts by region, 2012 – 2022
4.5. ATM Switch
4.5.1. Global market estimates and forecasts by region, 2012 – 2022

Chapter 5. Router and Switch Service Insights
5.1. BRAS
5.1.1. Global router and switch market estimates and forecasts by region, 2012 – 2022
5.2. Ethernet Aggregation
5.2.1. Global market estimates and forecasts by region, 2012 – 2022
5.3. Ethernet Access
5.3.1. Global router and switch market estimates and forecasts by region, 2012 – 2022
5.4. Internet Data Center/Collocation/Hosting
5.4.1. Global market estimates and forecasts by region, 2012 – 2022
5.5. Others
5.5.1. Global market estimates and forecasts by region, 2012 – 2022

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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.

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.

Browse Complete Report Summary @ https://www.gminsights.com/industry-analysis/router-and-switch-market-size

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.

Contact Us

Arun Hegde
Corporate Sales, USA
Global Market Insights, Inc.
Phone: 1-302-846-7766
Toll Free: 1-888-689-0688
Email: sales@gminsights.com
Web: www.gminsights.com

About Global Market Insights

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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