The routers and switches can be explained as a traffic coordinators of a company's network infrastructure. The growth in count for applications, IT infrastructures and network connections along with traffic volume subsequently fuel the importance for routers and switches among the organizations. The network switches are used in varied applications, which includes SOHO (Small Offices/Home offices) broadband, ATM, Ethernet LAN, ITU-g.hn, fiber channel and medium to large LANs. Whereas the routers are primarily used in Multiprotocol Label Switching (MPLS), data centers, Layer 3 virtual private network (VPN), enterprise backbones, and layer 2 metro networks.
The "Global Router and Switch Market Analysis to 2028" is a specialized and in-depth study with a special focus on the global market trend analysis. The report aims to provide an overview of the router and switch market with detailed market segmentation by switch type, router type, service, and geography. The report provides key statistics on the market status of the leading router and switch market players and offers key trends and opportunities in the market.
- Based on switch type, the global router and switch market is segmented into managed and unmanaged.
- On the basis ofrouter type, the market is segmented into internet exchange router, service provider core router, ethernet service edge router, and multiservice edge router.
- Based on service, the market is segmented into BRAS, ethernet access, internet data center/hosting, and ethernet aggregation.
- Increasing use of internet is driving the growth of the global router and switch market.
- High cost may hinder the growth of the market.
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global market based on various segments. It also provides market size and forecast estimates from the year 2019 to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), the Middle East and Africa (MEA), and South America. The router and switch market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.
The report analyzes factors affecting the market from both demand and supply side and further evaluates market dynamics affecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA, and South America after evaluating political, economic, social and technological factors affecting the router and switch market in these regions.
IMPACT OF COVID-19ON ROUTER AND SWITCH MARKET
COVID-19 first began in Wuhan (China) during December 2019 and since then it has spread at a fast pace across the globe. The US, India, Brazil, Russia, France, the UK, Turkey, Italy, and Spain are some of the worst affected countries in terms confirmed cases and reported deaths. The COVID-19 has been affecting economies and industries in various countries due to lockdowns, travel bans, and business shutdowns. Shutdown of various plants and factories has affected the global supply chains and negatively impacted the manufacturing, delivery schedules, and sales of products in global market. Few companies have already announced possible delays in product deliveries and slump in future sales of their products. In addition to this, the global travel bans imposed by countries in Europe, Asia-Pacific, and North America are affecting the business collaborations and partnerships opportunities.
The report covers key developments in the router and switch market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved way for the expansion of business and customer base of market players. The market players from router and switch market are anticipated to lucrative growth opportunities in the future with the rising demand in the global market.
The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the router and switch market. In addition, the report focuses on leading industry players with information such as company profiles, components, and services offered, financial information of the last 3 years, the key development in the past five years.
- Broadcom, Inc.
- Cisco Systems Inc.
- Huawei Technologies Co., Ltd.
- Infinera Corporation.
- Juniper Networks, Inc.
- NEC Corporation
- Nokia Ojy
- Telefonaktiebolaget LM Ericsson
- ZTE Corporation
The Insight Partner's dedicated research and analysis team consist of experienced professionals with advanced statistical expertise and offer various customization options in the existing study.