Global Router and Switch Market industry valued approximately USD 31.83 billion in 2016 is anticipated to grow with a healthy growth rate of more than 3.29% over the forecast period 2017-2025.
Market Overview
The major factors maneuvering the growth are the abundance of Wi-Fi technology, the increasing need for enterprise WLAN equipment, high consumption of high-speed Gigabit Ethernet, merging of residential and business networks. Moreover, escalating wants for devices with the internet, development of cloud networking along with increasing espousal of virtualized technology is anticipated to steer growth. Also, escalating espousal of Power over Ethernet (PoE).
The objective of the study is to define market sizes of different segments & countries in previous years and to forecast the values to the next eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry with respect to each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as drivers & restraining factors which will define the future growth of the market. Additionally, it will also incorporate the opportunities available in micro markets for stakeholders to invest, detailed analysis of competitive landscape and product offerings of key players.
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The detailed segments and sub-segment of the market are explained below:
Product:
> Multiservice Edge
> Internet Exchange
> ATM Switch
> Ethernet Service Edge
> Service Provider
Services:
> Ethernet Access
> BRAS
> Internet Data Center/Hosting
> Ethernet Aggregation
Regions:
> North America
o U.S.
o Canada
> Europe
o UK
o Germany
> Asia Pacific
o China
o India
o Japan
> Latin America
o Brazil
o Mexico
> Rest of the World
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Furthermore, the years considered for the study are as follows:
Historical year – 2015
Base year – 2016
Forecast period – 2017 to 2025
Some of the key manufacturers involved in the market are –
Avici Systems, Juniper Networks, Cisco, Huawei Technologies, ZTE Corp., Alcatel-Lucent, ADTRAN Inc., and Ericsson. Acquisitions and effective mergers are some of the strategies adopted by the key manufacturers. New product launches and focuses on continuous technology innovations are also strategies adopted by the major players. The companies are also trying to dominate the market by investing in research and development.
Target Audience of the Router and Switch Market Study
> Key Consulting Companies & Advisors
> Large, medium-sized, and small enterprises
> Venture capitalists
> Value-Added Resellers (VARs)
> Third-party knowledge providers
> Investment bankers
> Investors
Key Benefits of This Market Research:
- Industry drivers, restraints, and opportunities covered in the study
- Neutral perspective on the market performance
- Recent industry trends and developments
- Competitive landscape & strategies of key players
- Potential & niche segments and regions exhibiting promising growth covered
- Historical, current, and projected market size, in terms of value
- In-depth analysis of the Market
- Overview of the regional outlook of the Market
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