Routing Market 2023 - Industry Specifications, Growth Factors, Upcoming Trends And Forecast 2032

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Routing Global Market Report 2023
Market Size, Trends and Global Forecast 2023-2032
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Routing Market Segments
The Business Research Company segments its
Routing market report as
Wired, Wireless
By Type
Edge, Core, Virtual
By Placement
Datacenter, Enterprise
By Application
BFSI, Healthcare, Education, Residential, Media
Entertainment
By Vertical
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Routing Market Statistics
The global routing market size grew from 19.19
billion in 2022 to 20.56 billion in 2023 at a
compound annual growth rate (CAGR) of 7.1. The
routing market size is expected to grow to 29.21
billion in 2027 at a CAGR of 9.2.
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Key Market Drivers And Trends
Drivers
The increasing demand for internet-based devices
is significantly driving the growth of the
routing market.
Trends
Technological advancements in routing are a key
trend that is gaining popularity in the routing
market.
Region
Asia-Pacific was the largest region in the
routing market in 2022. The regions covered in
the routing market report are Asia-Pacific,
Western Europe, Eastern Europe, North America,
South America, Middle East and Africa.
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Key Market Players

• Major players in the Routing market are
• Cisco
• Huawei Technologies Co. Ltd.
• Juniper Networks Inc.
• Hewlett Packard Enterprise Development LP
• Arista Networks
• And more.

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