The router and switch market is expected to gain USD 41.03 billion by 2022. Trends such as adoption to BYOD is encouraging companies to raise their allocation of budgets to enhance network security. The rise in need to enhance network security for effective management and offering support to multiple devices coupled with risk mitigation is expected to result in further market development during the forecast period.
Router
and Switch Market is driven by factors such as rise in internet users and
increase in bandwidth usage coupled with increase in use of Ethernet
technology. Mobile phones have now become an important part of communication
from the business point of view for speedy business operations. Rise in network
communications and lowered operational costs with minimized time consumption
are some of the factors responsible for the market growth in the forecast
period.
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Based
on service, the router and switch market is segmented into Ethernet service
edge router, service provider core router, broadband aggregation (BRAS),
Multi-service edge router, ATM Switch, Ethernet Aggregation, Ethernet Access,
Internet Data Center, Ethernet Access and demarcation device. Multi-service
edge router is anticipated to rise at a CAGR of 3.4% by 2022.
Geographical
segmentation for router and switch industry includes North America, Latin
America, Europe, Asia-Pacific, Middle East and Africa. North America and Europe
market grew at a significant CAGR in the forecast period registering a
quarterly rise in the sales. Asia-Pacific regions have outgrown in the global
scenario owing to increase in network infrastructure. The key players in the
router & switch market include Actelis Networks, ADTRAN, ADVA Optical, ECI
Telecom, Ericsson, Force10 Networks, Cisco Systems, Hatteras Networks, Huawei
Technologies, Juniper Networks, RAD Data Communications Networks, Seabridge
Networks, Tellabs Inc, ZTE Corporation, Telco Systems, ANDA Networks, Ceterus
Networks and Foundry Networks.
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Router and Switch Product Outlook
(Revenue, USD Million, 2012 - 2022)
• Internet Exchange Router
• Service Provider Core Router
• Multiservice Edge Router
• Ethernet Service Edge Router
• ATM Switch
Router
and Switch Service Outlook (Revenue, USD Million, 2012 - 2022)
• BRAS
• Ethernet Aggregation
• Ethernet Access
• Internet Data Center
• Others
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