Market Scope
The global virtual
router market is expected to generate a market value of USD 327
million by 2023, growing at a 22.47% CAGR during the forecast period. Benefits
of deployment of virtual routers such as hosting from any hardware, low
maintenance costs, and uninterrupted service across networks can drive market
demand. The fast delivery of services and scaling of businesses without
deployment of hardware can influence its demand in the coming years.
Applications across telecommunication, healthcare, manufacturing, and
BFSI, penetration of network function virtualization, and demand for mobility
can drive the market demand during the assessment period. Rapid changes of
networking equipment, demand for lightning fast internet speeds, and evolution
of network architecture for computing and storage needs can factor in
estimating the market growth.
Get a Free Sample @ https://www.marketresearchfuture.com/sample_request/6711
Segmentation
By component, the market is segmented into solution and service.
The solution is further sub-segmented into integrated solution and standalone
solution. The service is further sub-segmented into professional services and
managed services.
By type, the market is segmented into custom and predefined
virtual routers.
By end-user, the market is segmented into service provider and
enterprises. The service provider is sub-segmented into telecom, data center,
and cloud. The enterprises is sub-segmented into education, banking, financial
services and insurance (BFSI), government, healthcare, manufacturing, and
others.
Regional Analysis
The geographical analysis of virtual router market is studied for
North America, Europe, Asia Pacific (APAC), and Rest-of-the-World (RoW).
North America holds the largest market share for virtual router
market due to increasing adoption of virtual routers by service providers and
huge investments by key market players such as Juniper Networks, Cisco Systems,
IBM Corporation, and others for development of virtual router solutions in the
U.S., Canada, and Mexico.
APAC is expected to be the fastest growing region in the virtual
router market due to growing penetration of SDN and NFV in countries such as
Japan, China, India, and others. Presence of small and midsize companies and
management of huge swathes of data can drive regional market demand till 2023.
Management of CPE functions and lowering the number of physical routers can
bode well for the market.
Competitive Landscape
TIME dotCom Berhad, Arista Networks Inc., TRENDnet Inc., Carbyne,
Huawei Technologies Co., Ltd., Inventum, IBM Corporation, Hewlett Packard
Enterprise Company, Palo Alto Networks, Ericsson Inc., Juniper Networks Inc.,
netElastic Systems Inc., 128 Technology Inc., Belkin International Inc., Check
Point Software Technologies, 6WIND S.A., Allied Telesis Inc., DriveNets, Cisco
Systems, Brocade Communications Systems, Ross Video, ACCESS, Nokia Corporation,
Connectify Inc., and ZTE Corporation are key players of the global virtual
router market. Virtualization services offered by players for supporting
broadband services, businesses, and customer premise equipment can attract
clients during the forecast period.
Browse Complete Report @ https://www.marketresearchfuture.com/reports/virtual-router-market-6711
About Market Research Future:
At Market Research
Future (MRFR), we enable
our customers to unravel the complexity of various industries through our
Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research
Reports (3R), Continuous-Feed Research (CFR), and Market Research &
Consulting Services.
MRFR
team have supreme objective to provide the optimum quality market research and
intelligence services to our clients. Our market research studies by products,
services, technologies, applications, end users, and market players for global,
regional, and country level market segments, enable our clients to see more,
know more, and do more, which help to answer all their most important
questions.
Contact:
Market
Research Future (Part of Wantstats Research and Media Private Limited)
99
Hudson Street, 5Th Floor
New
York, NY 10013
United
States of America
+1 628
258 0071 (US)
+44
2035 002 764 (UK)
Email: sales@marketresearchfuture.com
Website: https://www.marketresearchfuture.com
Comments
Post a Comment