Router and Switch Market – Global Industry Analysis Report by 2022 Global Industry Analysis Report, Share, Size, 2022
Router and Switch Market - Global Industry Analysis Report,
Share, Size, Growth, Price Trends and Forecast, 2015 –
2022: Fractovia.org
The global router and switch market volume is predicted to cross $ 41000 million
by end of the forecasted period. It is predicted to register CAGR of 2.9 % during the
projected period. Wi-Fi hotspots & Wi-Fi enabled stations, broadband highways and
tech-savvy campuses are predicted to contribute towards the growth & expansion of
global router and switch market. The global router and switch market is witnessing
substantial expansion due to factors like convergence of business & residential
networks, video and Ethernet carriers. This trend is predicted to persist in future.
Growing rise in use of bandwidth and Ethernet technique is one of the main factors
promoting the growth of global router and switch market.
The growing demand for utilization of wireless technology in day to day network
communication applications like mobiles, internet & personal banking is predicted to
promote the growth of the global router and switch market in future. Further, the rising
demand for enterprise wireless local area network device is predicted to enhance the
demand and growth of the global industry.
Growing demand for internet enabled equipments, development of cloud networks,
growing use of cloud computing solutions and growing acceptance of virtual
technology are few of the factors predicted to promote the growth of the global router
and switch market.
Rising demand for rigorous research & development activities has resulted in
manufacture of modernized high end user friendly products that meet process needs.
This has significantly enlarged the extent of bandwidth of advanced IP routing activities
and this is predicted to boost the growth of the router and switch market in future.
Based on the product, the global router and switch market is bifurcated into Ethernet
service edge router, internet exchange router, multiservice edge router, ATM switch,
service provider core router and network termination equipment. As the
information/data carriers become growingly dependent on Ethernet service to transfer
IP traffic in their systems, demand for these Ethernet service edge products is
predicted to grow during the estimated period. Depending upon service, global router
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