Press release
Virtual Router Market, Impact of COVID-19, Segmentation, Advertising Trends, Market Analysis, Insight, Scope, & Insight by 2029.
Virtual Router Market grows at a CAGR of 23.35% in the forecast period 2022-2029.Covid-19 Impact on Virtual Router Market
The COVID-19 had a negative impact on the virtual router market owing to the strict lockdowns and social distancing to contain the spread of the virus. The economic uncertainty, partial shutdown of the business and low consumer confidence impacted demand virtual router market. The supply chain got hampered during the pandemic along with delay logistics activities. However, the virtual router market is expected to regain its pace during the post pandemic scenario due to the easing on the restrictions.
Recent Developments
Larsen and Toubro InfoTech joined hands with Amazon Web Services in June'2021. Larsen and Toubro InfoTech launched a dedicated cloud unit for AWS to focus on migration and modernization, data analytics, Internet of things, and data analytics.
Virtual Router Market Scope and Market Size
Virtual router market on the basis of component has been segmented as solution, and service. Solution has been further segmented into integrated solution, and standalone solution. Service has been further segmented into professional services, and managed services.
Based on type, virtual router market has been segmented into custom, and predefined.
Virtual router has also been segmented on the basis of end users into service providers, and enterprises. Service providers have been further segmented into telecom, data center, and cloud. Enterprises have been further segmented into banking, financial services, and insurance, manufacturing, healthcare, government and defense, education.
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