Router and Switch Market to Witness Exponential Growth
Date: 2020-06-12   Author: Ronak Bora  Category: #technology

Router and Switch Market to Witness Exponential Growth

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 accounted for a large global share in the industry in 2014 owing to surge in demand for high definition content and multi-screen delivery.

Smooth transition from hardware based to software based solutions provides customized and flexible network infrastructure as per the user application. Booming implementation for cloud computing solutions is expected to drive the industry during the forecast timeframe.

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Application-Specific Integrated Circuits (ASIC) along with software and hardware components offers precise solutions to satisfy the customer requirements. The advantages of ASIC are achieving the clients demand in terms of quality, scalability, cost of ownership and security. Booming urge for software solutions is driving the router and switch market demand.

The report covers the SP switching and routing device basics including its applications, definitions, manufacturing methods, classifications, cost structures, and product specifications, etc. Furthermore, it offers analysis of the router and switch market conditions in the top global regions including the market growth rate, product price, profit, etc.

Key products include multiservice edge, Internet exchange, ATM switch and Ethernet service edge etc. Internet exchange router is likely to show a substantial growth and surpass USD 16 billion during the projected period. Service provider core router is expected to witness growth at a CAGR of over 2.5% in next few years owing to multiple system offerings including less power consumption, high efficiency, optimized rack space usage for improved bandwidth capacity etc.

In 2014, the Internet data center segment was valued at more than USD 12 billion and is likely to have substantial growth during forecast period owing to numerous benefits offered by the components such as space access and enhanced power. Broadband Access Aggregation (BRAS) is expected to exceed USD 10 billion by 2022 owing to rising demand for high speed network notably multiplayer gaming, video on demand, and digital audio.

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Router and switch market participants are Huawei Technologies, Alcatel-Lucent, Juniper Networks, Cisco Systems, and ZTE Corporation, wherein Cisco Systems which mainly deals in network component sales.

Some Point from Table of Contents:

Chapter 4 Router and Switch Market 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

Browse complete Table of Contents (ToC) of this research report @ https://www.decresearch.com/toc/detail/router-and-switch-market-size



About Author


Ronak Bora

Ronak Bora

A graduate in Electronics Engineering, Ronak writes for algosonline and carries a rich experience in digital marketing, exploring how the online world works from a technical and marketing perspective. His other areas of interest include reading, music, and sport.

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