Virtual Router (Predefined and Custom) Market - Global forecast to 2023 - ResearchAndMarkets.com

September 24, 2018

DUBLIN--(BUSINESS WIRE)--Sep 24, 2018--The “Virtual Router Market by Component (Solution (Integrated and Standalone) and Service), Type (Predefined and Custom), End-User (Service Provider (Telecom, Data Center, and Cloud) and Enterprises), and Region - Global forecast to 2023” report has been added to ResearchAndMarkets.com’s offering.

The global virtual router market size is expected to grow from USD 116.8 million in 2018 to USD 331.5 million by 2023, at a Compound Annual Growth Rate (CAGR) of 23.2% during the forecast period.

The major factors driving the growth of the virtual router market are the decrease in CAPEX and OPEX, growth in demand for SDN and NFV, and increasing need for mobility. Furthermore, growing demand for private cloud and virtual router applications across network segments are expected to provide significant growth opportunities in the market.

However, reluctance in moving from the legacy system to the virtualized environment can be one of the restraining factors in the virtual router market.

The service providers segment of the virtual routers market include telecom, data center, and cloud service providers. Cloud service providers are deploying virtual routers to their infrastructure to impact their operations. Virtual router as a comprehensive solution for cloud not only reduces CAPEX reduction but also increases the speed of the network with the minimal addition of physical appliances

Key Topics Covered:

1 Introduction

2 Research Methodology

3 Executive Summary

4 Premium Insights

5 Market Overview and Industry Trends

6 Virtual Router Market, By Component

7 Market By Type

8 Virtual Router Market, By End-User

9 Virtual Router Market, By Region

10 Competitive Landscape

11 Company Profiles

Cisco Ericsson Huawei Technologies Nokia Juniper Networks IBM Netelastic Brocade HPE Arista Networks ZTE Corporation Carbyne Palo Alto Networks Ross Video 6wind 128 Technology Trendnet Linksys Time Allied Telesis Check Point Inventum Drivenets Access Connectify For more information about this report visit https://www.researchandmarkets.com/research/xs4j58/virtual_router?w=4

View source version on businesswire.com:https://www.businesswire.com/news/home/20180924005376/en/

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SOURCE: Research and Markets

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PUB: 09/24/2018 05:40 AM/DISC: 09/24/2018 05:40 AM


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