1 / 7

Router and Switch Market size projected to exceed USD 41 billion by 2022

Router and switch market size is projected to reach USD 41.02 billion by 2022, as per a new research report by Global Market Insights, Inc. 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.

robertserry
Download Presentation

Router and Switch Market size projected to exceed USD 41 billion by 2022

An Image/Link below is provided (as is) to download presentation Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author. Content is provided to you AS IS for your information and personal use only. Download presentation by click this link. While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server. During download, if you can't get a presentation, the file might be deleted by the publisher.

E N D

Presentation Transcript

  1. Router and switch market size projected to exceed USD 41 billion by 2022: Global Market Insights Inc. Fuel Cell Market size worth $25.5bn by 2024

  2. Key Insights from Router And Switch Market: • 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.

  3. Continued... • 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. • 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.

  4. U.S. router and switch market size by product, 2012-2022 (USD Million)

  5. Browse Full Market Research Report Router And Switch Market@ https://www.gminsights.com/industry-analysis/router-and-switch-market-size Request for a Sample of this Research report @ https://www.gminsights.com/request-sample/detail/174

  6. 360° Analysis • Application Analysis • Numbers of mobile devices are rapidly increasing as operators deploy faster networks. Hence, mobile data traffic is expected to explode over the forecast period. The surge in the industry is can be subjected to growing number of wireless devices, smart phones and deployment of sophisticated network such as 3G, 4G and LTE. • Regional Analysis • North America router and switch market share was valued over USD 12 billion in 2014. It is projected to be valued over USD 15.5 billion by 2022 growing at CAGR of over 2% from 2015 to 2022 owing to significant rise in backhaul investments in the region. • Asia Pacific accounted for more than 25% of the overall industry share in 2014. China router and switch market size is estimated to reach USD 4.8 billion by 2022. • Competitive Market Share • Router and switch market share is highly consolidated by top five industry participants, accounting for more than 94% of the overall industry share in 2014. Cisco Systems accounted for 67.5% of the overall industry share in 2014. Other Key industry participants include Alcatel-Lucent, Juniper Networks, Huawei Technologies, and ZTE Corporation among others.

  7. Stay In Touch Website: www.gminsights.com Social Media:

More Related