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Virtual Router Market Outlook | Drivers, Restraint & Future Growth Analysis till 2024

Author : Ronak Bora | Published Date : 2019-04-25 

The latest Virtual Router Market Research Report 2024 contains complete Industry outlook, market manufacturers and key statistics analysis. The industry sales & Share, trends are all discussed, explained and analyzed. It provides marketing strategy analysis, distributors/traders list, raw materials analysis, import and export analysis, key success factors and supply chain analysis.

The explosion of content & mobile devices, the advent of cloud services, and server virtualization are forcing the networking industry to reconsider the traditional network architecture. The traditional network architecture made sense when client-server computing was dominant. However, such static architecture is unsuitable for the dynamic storage and computing needs of the modern carrier environment and enterprises. Moreover, the increasing pressure to decrease the Capital Expenditure (CAPEX) and Operational Expenditure (OPEX) is also encouraging the adoption of virtual routers among organizations.

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A virtual route has been used in several applications including virtual broadband services, virtual route reflection, and virtual cloud gateways. These routers are deployed in Layer-2 Tunneling Protocol (L2TP) network servers and Broadband Network Gateways (BNGs) to support wholesale and residential broadband services. It enables and supports all the routing protocols and host residential service protocols such as Point to Point Protocol over Ethernet (PPPoE), Dynamic Host Configuration Protocol (DHCP), RADIUS subscriber interfaces, and Pseudowire Headend Termination (PWHT).

The Asia Pacific virtual router market is projected to grow at a high growth rate during the forecast timeline. The growing adoption of 4G and the increasing spending for the development of 5G infrastructure propel the adoption of virtual routers in the region. Over the past three years, a rapid shift toward the higher speed mobile technology in the region has been witnessed. In 2016, mobile broadband technologies such as 3G and above have dominated network technologies. Japan, South Korea, and Australia are the market leaders in terms of 4G adoption. However, China will emerge as one of the key countries in 4G uptake during the forecast period with over one billion 4G connections by the end of 2018.

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North America is leading the virtual router market due to the implementation of NFV and SDN solutions in the region. A rise in mobile subscriptions and the aggressive carrier efforts in the region for the development of 5G infrastructure and the reduction of CAPEX & OPEX also support the virtual router market growth. Moreover, supportive government initiatives and policies in the region for the development of digital and smart infrastructures also drive the market.

The intensity of the competitive rivalry in the virtual router market is high due to the existence of both, multinational network solution providers and promising regional players. The key players in the virtual router market are Cisco, Ericsson, Brocade, Juniper Network, Huawei, Nokia, HPE, IBM, 128 Technology, ZTE Corporation, Arista Networks, Palo Alto Networks, Check Point, and Tredent.

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About Global Market Insights:

Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider; offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy and biotechnology.

About Author

Ronak Bora

Ronak Bora

A graduate in Electronics Engineering, Ronak writes for Fractovia.org and carries a rich experience in digital marketing, exploring how the online world works from a technical and marketing perspective. His other areas of interest include reading, music, and sport. He can be contacted at- [email protected] | https://twitter.com/RonakBora26

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