Router And Switch Market Analysis growth

Router And Switch Market Analysis, Trends, Top Manufacturers, Share, Growth, Statistics, Opportunities & Forecast to 2022

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MarketStudyReport.com Adds New Router And Switch Market 2015 – 2022 research report providing information and data By Service, By Product, Industry Analysis, Regional Outlook, Application Potential, Price Trends, Competitive Market Share & Forecast spreading across 187 Pages with table and figures in it.

Router And Switch Market Research Report for the period of 2015-2022 that shows the growth of the market is rising at a 2.9% CAGR to 2022.

Router and switch market size is projected to reach USD 41.02 billion by 2022. Flourishing usage of cloud based computing solution is anticipated to propel industry growth. Features such as flexibility and application-driven customization of network infrastructure are expected to justify the shift in technology from hardware solutions to software solutions.

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Ethernet service edge router market was valued at USD 9.62 billion in 2014 and it is likely to reach USD 12.63 billion by 2022. Application-Specific Integrated Circuits (ASIC) are combined with hardware as well as software elements to meet customer requirements such as quality, total scalability, cost of ownership, experience and security requirements. BYOD market growth is anticipated to boost demand by offering numerous benefits such as cost reductions, employee satisfaction as well as better productivity.

Asia Pacific router and switch market share accumulated over 25% of the overall revenue in 2014 and is expected to reach USD 10.79 billion by 2022, owing to rising demand for high-definition content as well as multi-screen delivery.

North America, with U.S. router and switch market size dominating the region, was valued at USD 12.77 billion in 2014 and it is likely to reach USD 15.87 billion by 2022 due to increasing backhaul investments.

Internet Exchange Router was valued at USD 13.04 billion in 2014 and it is forecast to reach USD 16.37 billion by 2022. The spur in demand can be subjected to its property of being the basic building block of the internet. Service provider core router was valued for USD 3.13 billion in 2014. It is estimated to grow at a CAGR of 2.8% from 2015 to 2022 due to optimized power consumption and high efficiency furnished by the system.

Internet data center accounted for 40.6% of the overall market share in 2014. It is anticipated to grow accounting 41.8% of the total share by 2022. The surge in the industry can be accredited to features offered by the system namely higher bandwidth at economical price and enhanced power & space access.

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Major industry participants accumulation significant industry share encapsulate Alcatel-Lucent, Cisco Systems, Juniper Networks, Huawei Technologies, and ZTE Corporation.

Cisco accounted for 67.5 % of the industry share in 2014. It mainly deals in selling of networking equipment such as switches and routers.

Table of Content:

Chapter 1 Methodology & Scope

Chapter 2 Executive Summary

Chapter 3 Router and Switch Industry Insights

Chapter 4 Router and Switch Product Insights

Chapter 5 Router and Switch Service Insights

Chapter 6 Router and Switch Regional Insights

Chapter 7 Company Profiles

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Related Report:

Global Wireless Router Market by Manufacturers, Countries, Type and Application, Forecast to 2023

This report studies the Wireless Router market status and outlook of Global and major regions, from angles of players, countries, product types and end industries; this report analyzes the top players in global market, and splits the Wireless Router market by product type and applications/end industries.

https://www.marketstudyreport.com/reports/global-wireless-router-market-by-manufacturers-countries-type-and-application-forecast-to-2023/?utm_source=RR-PSR

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