Router and Switch Market size revenue worth USD 41.2 billion by the next seven years

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Router and Switch Market size worth USD 41
billion by 2022 Global Market Insights Inc.
Fuel Cell Market size worth 25.5bn by 2024
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Overview

• Global Market Insights Inc. announces a new study
  based report on router and switch market. The
  market size is estimated to be worth USD 41.02
  billion by 2022.
• The report is a professional and detailed
  qualitative market research on the current
  scenario of the key regional markets.
• It also features a comprehensive discussion about
  the market trends, aspects like drivers,
  restraints, opportunities, challenges that impact
  SP switching and routing device market. The boom
  in adoption to cloud computing solutions is
  likely to propel the Router and switch segment.
• The report covers the SP switching and routing
  device basics including its applications,
  definitions, manufacturing methods,
  classifications, cost structures, and product
  specifications, etc. Furthermore, it offers
  analysis of the market conditions in the top
  global regions including the market growth rate,
  product price, profit, etc.

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Continued...

• 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.
• Ethernet service edge router market is forecast
  to hit USD 12.63 billion from 2015 to 2022. BYOD
  market growth is likely to impel demand with its
  numerous advantages including better productivity
  and reduced costs. BRAS (Broadband Access
  Aggregation) is likely to see a substantial
  growth owing to high demand for high speed
  services.

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

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Switch Market _at_ https//goo.gl/5VNvSY Read our
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360 Analysis

• Regional Analysis
• North America router and switch industry 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.
• Competitive Market Share
• Key market participants are profiled in the
  report with comprehensive analysis of business
  strategies, products and services, current trends
  and finance metrics. Cisco Systems, Juniper
  Networks, Alcatel-Lucent, ZTE Corporation and
  Huawei Technologies are some of the major players
  in the router and switch market.

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