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Global Virtual Router Market Report, Market Size, Share, Trends, Analysis and Forecast to 2028
Stratistics MRC's Global Virtual Router Market value is expected to reach $861.43 million growing at a CAGR of 23.2% during 2022-2028.Virtual routers are the software routers that provide network communication services for customers. It is a cloud-based router installed on VM instances of physical servers in order to provide routing, switching, security, VPN and other tasks through a virtualization platform. Multiple routing instances are made possible by a technique found in Internet Protocol (IP) network routers. By handling network and packet routing, it may provide a computer or server the capabilities of a fully working router. It enables flexibility and the capacity to elastically grow resources by adding cores.
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Asia Pacific is projected to have the highest CAGR over the forecast period, owing to the existence of numerous small and medium-sized businesses. The rapid development of software defined networking (SDN) and network function virtualization (NVF) are expanding the market in countries like India, China, and Japan. Small and medium-sized businesses manage enormous amounts of data which is the major factor of market expansion in this region.
Some of the key players profiled in the Virtual Router Market include Cisco Systems Inc, Huawei Technologies Co Ltd, Nokia, IBM Corporation, Hewlett Packard Enterprise Development LP, Juniper Networks Inc, Arista Networks Inc, Palo Alto Networks, ZTE Corporation, 6WIND, ROSS VIDEO LTD, 128 Technology, TRENDnet, Allied Telesis, Check Point Software Technologies Ltd, Belkin International Inc, Broadcom Inc, Lanner Electronics, Ericsson Inc and LINKSYS.
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Company Profiling
Comprehensive profiling of additional market players (up to 3)
SWOT Analysis of key players (up to 3)
Regional Segmentation
Market estimations, Forecasts and CAGR of any prominent country as per the client's interest (Note: Depends on feasibility check)
Competitive Benchmarking
Benchmarking of key players based on product portfolio, geographical presence, and strategic alliances
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