Router and Switch Market | ADTRAN, ADVA Optical Networking, Alcatel-Lucent, Cisco, Ericsson, Extreme Networks, ZTE Corporation, Juniper Networks, Telco Syste

A new study based report on router and switch market. The 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.

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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.

Key industry players involved in the business and supporting the growth of the global router and switch market are as follows:

o Actelis Networks
o ADTRAN
o ADVA Optical Networking
o Alcatel-Lucent
o Avici Systems
o Cisco
o ECI Telecom
o Ericsson
o Extreme Networks
o Force10 Networks
o ZTE Corporation
o Hatteras Networks
o Huawei Technologies
o Juniper Networks
o MRV Communications
o RAD Data Communications
o Telco Systems
o Tellabs

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The growing demand for utilization of wireless technology in day to day network communication applications like mobiles, internet & personal banking is predicted to promote the growth of the global router and switch market in future. Further, the rising demand for enterprise wireless local area network device is predicted to enhance the demand and growth of the global industry.

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.

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