Router and Switch Market Analysis

Router and Switch Market Analysis

The multiservice edge router market will grow at a CAGR of above 2% over the forecast timeline as it is widely used by enterprises to improve the operational efficiency of their networks. Multiservice edge routers provide distinct benefits compared to traditional edge routing technology by transporting IP packets efficiently, ensuring high service availability and delivering a full suite of traditional and emerging services on the IP/MPLS network. The companies present in the market are offering multiservice edge routers for fixed & mobile network infrastructure. These products enable them to extend cost-effective, Ethernet-optimized infrastructure to the network edge and facilitate traffic over high-bandwidth Ethernet links.  
 

The Ethernet access service market is estimated to grow at a CAGR of around 4% over the forecast timeline. Ethernet technology is a widely preferred access service due to its high performance and cost benefits. The service providers operating in the market are offering WAN Ethernet services at affordable pricing plans to enable customers to connect to their global sites with plug-and-play Ethernet connections. This also helps them in avoiding congestion experienced on other Multiprotocol Label Switching (MPLS) networks.
 

North America is projected to hold a dominant router and switch market share by 2022 due to the advanced broadband infrastructure and the rising investment in wireless communication technologies. This will facilitate the adoption of smartphones, PCs, and tablets at the workplace, resulting in high demand for robust network architecture capable of supporting a myriad of devices. The global players operating in the market are also expanding their presence in the region by offering new products to cater to the customers’ needs, further supporting market growth. For instance, in November 2015, Hitachi Cable America Inc. introduced ApresiaRM25000 Carrier Ethernet Switch Series for the North American customers. The new switch series is based on the latest switching technologies and is suitable for remote deployments in uncontrolled environments.