Press release
Router and Switch Market Outlook 2022-2022|Key Players are ADTRAN, ADVA Optical Networking, Alcatel-Lucent, Cisco, ECI Telecom, Ericsson, Extreme Networks, Juniper Networks
Router and Switch Market
Emerging technologies and digital transformation have far lifted router and switch demand in the recent past. It is predominantly buoyed by the adoption of third platform technologies such as big data, cloud, mobility, internet enabled devices, and bring Your Own Device (BYOD). Apart from this, rising internet penetration along with growing IT spending have significantly spurred router and switch market size, which is projected to register an annual growth rate of 2.9% over 2015-2022, according to Global Market Insights, Inc.
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With services and applications being managed on an organization’s network edge frequently, stakeholders are being increasingly inclined towards ethernet service router. Ethernet service edge router market value is expected to be pegged at US$ 12.63 bn by 2022—$3.01 billion rise from 2014. Apparently, application-specific integrated circuits (ASICs) are amalgamated with hardware and software elements to keep up with customer requirements such as total scalability, quality, cost of ownership, security requirements and experience.
Meanwhile, internet data center segment is expected to register 41.8% of global router and switch market share by 2022. Soaring popularity of internet data center is mainly attributed to innate features such as improved power & space access and higher bandwidth at effective price.
With end-users increasingly demanding anywhere and anytime access to the network from an array of personal devices, traction for bring your own device (BYOD) is soaring by leaps and bounds. In a bid to gain competitive edge and boost employee satisfaction, BYOD solutions will fuel router and switch market share.
In the milieu of this background, it is quite evident that the global router and switch market is fairly consolidated in nature, where the top players held more than 94% of the overall industry share in 2014. Other key router and switch industry participants include Juniper Networks, Huawei Technologies, Alcatel-Lucent, Hewlett Packard, and ZTE Corporation.
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Partial Chapter of the 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 Market Insights
5.1. BRAS
5.1.1. Global 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
Browse full table of contents (TOC) of this report @ https://www.gminsights.com/toc/detail/router-and-switch-market-size
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
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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