North America router and switch market is expected to be worth USD 15.5 billion at a growing CAGR of 2% during the forecast timeframe. The surge is attributed to noticeable growth in backhaul investments in the region. Asia Pacific, China in particular is projected to witness a substantial growth due to increasing demand for high-definition content and multi-screen delivery.
Application-Specific Integrated Circuits (ASIC) along with software and hardware components offers precise solutions to satisfy the customer requirements. The advantages of ASIC are achieving the clients demand in terms of quality, scalability, cost of ownership and security. Booming urge for software solutions is driving the router and switch market demand.
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Substantial number of businesses across the world are encouraging application of BYOD use thereby facilitating their workers to carry their own devices allowing employees to make fast decisions and access real time data. BYOD segment is the key factor for security enhancement systems to tackle complex situations owing companies to invest in IT. Moreover, it has benefits such as employee satisfaction, better productivity, and cost reductions which will support the router and switch market growth.
Internet protocols are large scale networks carrying bulk data. Thus, network failure may lead to huge amount of losses. High costs are involved in regular maintenance of the hardware components and upgradation of software solutions. These excessive costs may restrict the router and switch market growth rate.
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Key products include multiservice edge, Internet exchange, ATM switch and Ethernet service edge etc. Internet exchange router is likely to show a substantial growth and surpass USD 16 billion during the projected period. Service provider core router is expected to witness growth at a CAGR of over 2.5% in next few years owing to multiple system offerings including less power consumption, high efficiency, optimized rack space usage for improved bandwidth capacity etc.
Some Point from Table of Contents:
Chapter 4 Router and Switch Market Product Insights
4.1. Internet Exchange Router
4.1.1. Global market estimates and forecasts by region, 2012 – 2022
4.2. Service Provider Core Router
4.2.1. Global market estimates and forecasts by region, 2012 – 2022
4.3. Multiservice Edge Router
4.3.1. Global market estimates and forecasts by region, 2012 – 2022
4.4. Ethernet Service Edge Router
4.4.1. Global market estimates and forecasts by region, 2012 – 2022
4.5. ATM Switch
4.5.1. Global market estimates and forecasts by region, 2012 – 2022
Chapter 5. Router and Switch Market Service Insights
5.1.1. Global market estimates and forecasts by region, 2012 – 2022
5.2. Ethernet Aggregation
5.2.1. Global market estimates and forecasts by region, 2012 – 2022
5.3. Ethernet Access
5.3.1. Global market estimates and forecasts by region, 2012 – 2022
5.4. Internet Data Center/Collocation/Hosting
5.4.1. Global market estimates and forecasts by region, 2012 – 2022
5.5.1. Global market estimates and forecasts by region, 2012 – 2022
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