Virtual Router Market Will See Major Revenue Hike By 2025, Says Allied Market Research
The global virtual router market was pegged at $90 million in 2017 and is expected to reach $515 million by 2025, registering a CAGR of 24.4% from 2018 to 2025.
Access full summary report at https://www.alliedmarketresearch.com/virtual-router-market
Rapid improvements in network agility, increasing efficiency of scale out, growing demand for private cloud drive the growth of the global virtual router market. In addition, virtual routers are an effective replacement for traditional, physical routers, as these reduce the total cost of ownership (TCO) of service providers, which in turn supplements the market growth. However, virtual router are unable to perform the functions of a heavy-duty core IP router, which hampers the market growth. On the contrary, upsurge in demand for SDN and NFV is anticipated to create lucrative opportunities for the market players in the coming years.
The key players analyzed in the report include 128 Technology, Cisco Systems, Hewlett Packard Enterprise, Huawei Technologies Co., Ltd., Broadcom (Brocade Communications Systems), Juniper Networks, Nokia, International Business Machines Corporation (IBM), 6WIND, Ericsson, and Netronome. These market players have adopted several market strategies such as new product launch, partnerships, collaborations, and mergers & acquisitions to maintain its foothold in the industry.
Get Sample Report for More Details at https://www.alliedmarketresearch.com/request-sample/5065
Asia-Pacific region is expected to manifest the fastest CAGR of 28.4% from 2018 to 2025, owing to recent developments in the telecom industry in the region and upsurge in use of virtual routers by telecom service providers. However, Europe region would have a lion's share in terms of revenue, accounting for about one-third of the total revenue, owing to the growing competition among cloud-based service providers in Europe. The other regions analyzed in the report include North America and Latin America, Middle East and Africa (LAMEA).
The services segment held the largest market share, contributing about 70% of the total market revenue in 2017, owing to the growing need to monitor and update the virtual router software. However, the software segment is expected to portray the fastest CAGR of 25.6% during the forecast period, as large enterprises and SMEs opt for low-cost virtual router software to forgo the capital expenditure required for purchasing physical systems for advanced networking.
Inquire more about this report at https://www.alliedmarketresearch.com/purchase-enquiry/5065
The report analyzes the major end users such as service providers and enterprises. The enterprise segment contributed the largest share in 2017, holding about 58% of the total market revenue, as virtual router eliminates the burden of installing and managing complex software and hardware. However, the service provider segment is expected to register the fastest CAGR of 25.1% during the study period, owing to the increased adoption of virtual routers among telecom and cloud service providers to design an optimal network architecture.
5933 NE Win Sivers Drive
#205, Portland, OR 97220
Toll Free: +1-800-792-5285
Hong Kong: +852-301-84916
India (Pune): +91-20-66346060
About Allied Market Research:
Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports" and "Business Intelligence Solutions." AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.
We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.
This release was published on openPR.
Permanent link to this press release:
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Virtual Router Market Will See Major Revenue Hike By 2025, Says Allied Market Research here
News-ID: 1958751 • Views: 188
More Releases from Allied Market Research
North America Geogrid Market 2020 Segmentation, Demand, Growth, Trend, Opportuni …
According to the report published by Allied Market Research, the North America geogrid market generated $282.0 million in 2019, and is estimated to reach $408.25 million by 2027, registering a CAGR of 7.0% from 2020 to 2027. The report offers an extensive analysis of changing market dynamics, key winning strategies, business performance, major segments, and competitive scenarios. Surge in infrastructure development activities across the U.S. and Mexico and superior physical properties
Intravenous Immunoglobulin (IVIG) Market 2020 In-Depth Analysis of Industry Shar …
Global intravenous immunoglobulin market accounted for $8,995 million in 2017, and is projected to reach $15,964 million by 2025, registering a CAGR of 7.5% from 2018 to 2025. Immunoglobulin (Ig) is a plasma-derived product, which is obtained from the serum of healthy donors. The isolated plasma product is clinically treated and purified to Ig, which can be further used in the treatment of patients with antibody deficiency. Intravenous immunoglobulin (IVIG) finds
Asthma and COPD Drugs Market Is Expected to Witness a Steady Growth by 2026
"Asthma and COPD Drugs Market by Disease and Medication Class - Global Opportunity Analysis and Industry Forecasts, 2014-2022", projects that the global market for Asthma and COPD Drugs was valued at $38,960 million in 2015 and would reach $50,359 million by 2022, registering a CAGR of 3.7% from 2016 to 2022. Asthma segment dominated the market in 2015 and expected to continue its dominance throughout the forecast period. North America
Synthetic Biology Market in Global Industry by Top Companies, Type and Applicati …
Global Synthetic biology market is forecast to reach $38.7 billion by 2020, at a CAGR of 44.2% during the forecast period (2014 - 2020). Europe occupies largest share in the global market and would hold-on to its position throughout 2020. However, Asia Pacific is the fastest growing market with a CAGR of 46.4% from 2014 - 2020. Read Full Report @ https://www.alliedmarketresearch.com/synthetic-biology-market Synthetic biology is at a nascent stage and has recently
More Releases for Virtual
PASSFEED OFFERS VIRTUAL CARDS
(New York, NY) May 14, 2019 — Looking to expand the boundaries of online shopping and money exchange, Passfeed has consistently sought to capitalize on consumer frustrations while shopping on conventional websites. The dream is simple: people should be able to shop, save and share deals without having to deal with credit cards or pay banking fees. Along with a robust shopping experience, Passfeed’s ever expanding offerings include virtual debit
Virtual Power Plant Market Growth
A virtual power plant (VPP) is a cloud-based distributed power plant that aggregates the capacities of heterogeneous Distributed Energy Resources (DERs) for the purposes of enhancing power generation, as well as trading or selling power on the open market. North America is expected to dominate the global virtual power plant market during the forecast period, owing to the extensive use of these solutions in commercial and industrial as well as residential
Global Virtual Machine Market
Virtual machine is a software program on the computer which acts as a virtual computers. It runs on the pre-installed operating system or host operating system of the computer and get access of virtual hardware such as virtual CPU, virtual memory, network interface and other devices and work as a guest operating system. This guest or secondary operating system runs in a small window just like any other application do
Unified Communications on virtual servers
Communications solutions by ANDTEK GmbH offer maximum efficiency by means of VMware "vSphere" and Cisco Unified Computing System Munich/Hallbergmoos, 29 October 2012 - As of now, Unified Communications solutions (UC) of ANDTEK GmbH can now also run with the Cisco Unified Computing System (UCS) on virtual servers. This is the result of a cooperation between ANDTEK and the virtualization specialists, VMware, on the one hand, and of ANDTEK's UCS certification by
YOUR VIRTUAL ACE LAUNCHED
February 1, 2011: Thyreast Pinckney of Ladson, South Carolina is announcing the launch of her company, Your Virtual Ace, LLC. Your Virtual Ace provides ongoing administrative and human resource support for small businesses, home-based workers, independent consultants, and entrepreneurs in the United States. Your Virtual Ace is a virtual assistance firm. Virtual Assistants (VAs) are independent contractors who (from a remote location, usually their home or office) support
CIA Launches Virtual Brigade
ITASCA, Ill., June 13, 2008 - The Control Intelligence Agency (CIA) is looking for a few good engineers. On June 27, the CIA—Control Design magazine’s fictional intelligence-gathering organization—will come in from the cold and invite controls engineers at industrial machine-building OEMs to join the once-clandestine group as part of a newly formed virtual brigade of agents. New advances in simulation technology have created safer mission environments, allowing the CIA to open its