Current Industry Research Report Titled On:- Global Enterprise Routers Market – Segmented by Type of Connectivity (Wired, Wireless), Type of Port (Fixed Port, Modular), Functionality, End-user Vertical (BFSI, IT & Telecom, Retail), and Region – Growth, Trends, and Forecast (2018 – 2023)
“Enterprise Routers Market” Report Provides detailed summary of Company Competition, Market demand, Regional Forecast, Marketing & Price and also New investment feasibility analysis is included of Enterprise Routers Market in global region. The Global Enterprise Routers Market is anticipated to register a CAGR of 6.11% over the forecast period of (2018 – 2023).
Enterprise Routers Market Competitive Analysis: The existence of large, small, and local vendors in the market creates high competition. Following are the Leading Manufacturers –
- Cisco Systems
- Juniper Networks
- Hewlett Packard Enterprise
- Nokia Networks Corporation
- Huawei Technologies Co.
- Dell Inc
- Avaya Inc
- ZTE Corporation
- Riverbed Technology
- Alcatel-Lucent S.A.
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Enterprise Routers Market Segment by Regions, regional analysis covers
- North America (USA, Canada and Mexico)
- Europe (Germany, France, UK, Russia and Italy)
- Asia-Pacific (China, Japan, Korea, India and Southeast Asia)
- South America, Middle East and Africa
Overview of TOC, what it will contains in Research Report ? –
- Overview of Enterprise Routers Market,
- Competitions by (Types, Applications, Players),
- Imports/Exports Market Analysis,
- Players Profiles and Sales Data,
- Production Market Analysis by Regions,
- Sales Market Analysis by Region,
- Enterprise Routers Market Forecast (2018-2023),
- And More…..
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The enterprise routers market is expected to register a CAGR of 6.11%, during the forecast period (2018 – 2023). The scope of the report is limited to the type of connectivity, port, functionality, and various end-user verticals. The regions considered in the scope of the report include – North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa. Growth in IP traffic, transition towards cloud for data storage are a few factors driving the growth of the market, where as security and privacy concerns are inhibiting its growth rate.
Rapid Growth in IP Traffic
IP traffic have increased five-folds during the past five years and is still increasing exponentially, driven by increasing penetration of the internet. In 2016, worldwide IP traffic exceeded 1 zettabyte and IP traffic during peak hours increased to more than 35%.
With the increase in connected devices, the IP traffic is bound to increase. Video is poised to account for the majority of all IP traffic, owing to increase in video-on-demand (VoD) services. Moreover, bring-your-own-device (BYOD) concept in organizations is also contributing its growth. So, to support this huge growth in IP traffic, routers need to be upgraded, thus growing the enterprise routers market.
North America to Hold the Largest Market Share
North America is expected to hold the largest market size with US holding the major chunk of the market. High dependence on internet connectivity is driving the growth of this market in the region. Moreover, most of the enterprise router providing companies are headquartered in North America, which do pilot run there before launching the product globally. Also, most of the cloud service providers and network virtualization companies are set up in this region, which will also boost the growth rate of enterprise routers market.
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Reasons to Purchase Enterprise Routers Market Report:
- The report analyses how the stringent emission control norms will drive the global Enterprise Routers market.
- Analysing various perspectives of the market with the help of Porter’s five forces analysis.
- Study on the product type that is expected to dominate the market.
- Study on the regions that are expected to witness fastest growth during the forecast period.
- Identify the latest developments, market shares and strategies employed by the major market players.
- 3 months’ analyst support along with the Market Estimate sheet (in excel).
“We also can offer customized report to fulfill special requirements of our clients. Regional and Countries report can be provided as well.”
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