The global virtual router market is likely to witness growth in the coming years due to increasing investment in the development of 5G technology. According to a report by Fortune Business Insights, titled “Virtual Router Market Size, Share and Global Trend By Component (Software & services), By End User (Telecom Providers, Cloud Providers, Enterprises) and Geography Forecast till 2025,” the market is likely to expand in the coming years due to the advancements made in 5G technology and growing emphasis on 5G concepts across the world.
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According to a recent report published by AT&T Intellectual Property I, L.P., the company has made investments of around US$ 23 Bn for the research and development (R&D) as well as deployment of fifth generation (5G) technology. A virtual router is a software-based routing structure that allows the host device to operate as a typical hardware router over a local area network. A virtual router allows a user to operate as a hardware router and control functions over a specified local area network. The efforts put by companies worldwide, towards R&D of 5G is likely to have a direct impact on the global virtual routers market.
Cisco Acquires Piston Cloud Computing – A Move that is Expected to Bode Well For Overall Market
In 2016, Cisco announced that it has acquired Piston Cloud Computing, a company operating in the cloud computation network. Cisco’s acquisition of Piston will help bolster its Intercloud platform and improve its operational capabilities on a global scale. Cisco’s network architecture is based on an open-source cloud integration platform. This helps the user to control their personal data across both, public and private networks. With this acquisition, Cisco plans to build the largest network ‘Intercloud’. The Intercloud is a network of globally distributed cloud platforms which is managed through a virtual network, centrally. This network helps meet consumer demands within the Internet of Everything (IOE) requirements. Cisco’s latest acquisition will have a positive impact on the global virtual router market and is likely to favor growth of the market on the forthcoming years.
Top Players List:
• IBM
• Nokia
• Cisco
• Huawei Technologies Lanka Co., (Pvt) Ltd.
• Juniper Networks
• NETGEAR
• Belkin International
• D-Link USA
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Major Segments Mentioned:
1. By Component
• Software
• On-premise
• Cloud
• Services
• Consulting
• Integration & Implementation
• Maintenance & Operations
2. By End User
• Telecom Providers
• Cloud Providers
• Enterprises
3. By Geography
• North America (the USA and Canada)
• Europe (UK, Germany, France, Italy, Spain, Scandinavia and Rest of Europe)
• Asia Pacific (Japan, China, India, Australia, Southeast Asia and Rest of Asia Pacific)
• Latin America (Brazil, Mexico and Rest of Latin America)
• Middle East & Africa (South Africa, GCC and Rest of the Middle East & Africa)
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The global virtual router market report contains drivers and challenges to be faced by the industry over the period of 2018 to 2023 (forecast period).
It also covers upswings and downswings amid increasing virtualization and popularity of software-defined networking (SDN) amid the COVID-19 outbreak.Market ScopeThe virtual router market is expected to generate a market value of USD 327 million by 2023, growing at a 22.47% CAGR during the forecast period.
The fast delivery of services and scaling of businesses without deployment of hardware can influence its demand in the coming years.Applications across telecommunication, healthcare, manufacturing, and BFSI, penetration of network function virtualization, and demand for mobility can drive the market demand during the assessment period.
The solution is further sub-segmented into integrated solution and standalone solution.
The service is further sub-segmented into professional services and managed services.By type, the market is segmented into custom and predefined virtual routers.By end-user, the market is segmented into service provider and enterprises.
The enterprises is sub-segmented into education, banking, financial services and insurance (BFSI), government, healthcare, manufacturing, and others.Request a Free Sample Report @ https://www.marketresearchfuture.com/sample_request/6711Regional AnalysisThe geographical analysis of virtual router market is studied for North America, Europe, Asia Pacific (APAC), and Rest-of-the-World (RoW).
Global Virtual Router Market Research Report, By Component (Solution, Services), By Type (Custom, Predefined), By End- Users (Service Providers, Enterprises), By Region (North America, Europe, Asia-Pacific, and Rest of the World) — Forecast till 2023Market HighlightsVirtual routers provide virtual edge routing, enhancing network agility and facilitating efficient scale-out.
Virtual routers offered by Juniper Networks are used to provide edge services such as IP/multi-protocol label switching (MPLS) virtual private network services.
These routers can also be deployed as Broadband Network Gateways (BNGs) and Layer 2 Tunneling Protocol (L2TP) network servers.
Brocade Communications Systems Inc., an American technology company and a subsidary of Broadcom Inc., offers Vyatta vRouter for the Amazon Web Services (AWS) GovCloud.
The vRouter also has advanced user-controlled functionalities and can extend the VPN tunnels provided by AWS.Get a Free Sample @ https://www.marketresearchfuture.com/sample_request/6711Key PlayersThe prominent players in the virtual router are IBM Corporation (US), Cisco Systems (US), Ericsson Inc. (US), Huawei Technologies Co., Ltd. (US), Nokia Corporation (Finland), Juniper Networks Inc. (US), netElastic Systems Inc. (US), Brocade Communications Systems (US), Hewlett Packard Enterprise Company (US), Arista Networks Inc. (US), ZTE Corporation (China), Carbyne (Israel), Palo Alto Networks (US), Check Point Software Technologies (Israel), Ross Video (Canada), Inventum (India), DriveNets (Israel), 128 Technology Inc. (US), TRENDnet Inc. (US), Belkin International Inc. (US), TIME dotCom Berhad (Malaysia), ACCESS (Japan), Allied Telesis Inc. (Japan), Connectify Inc. (US), and 6WIND S.A. (France).Regional AnalysisThe global market for virtual router is estimated to grow at a significant rate during the forecast period from 2018 to 2023.
The geographical analysis of virtual router market is studied for North America, Europe, Asia-Pacific, and the rest of the world.
[125 Pages Report] The global virtual router market size is expected to grow from USD 86.8 million in 2017 to USD 331.5 million by 2023, at a Compound Annual Growth Rate (CAGR) of 23.2% during the forecast period.
The objective of the study is to define, describe, and forecast the global market by component (solution and service), solution (integrated and standalone), type (predefined and custom), end-user (service provider and enterprises), service provider (telecom, data center, and cloud), and region.
Moreover, the report aims to provide detailed information about the major factors, such as drivers, restraints, opportunities, and challenges, influencing the growth of the market.
The Virtual Router Market report provides insightful details on how clients enhance their basic leadership capacity within the worldwide Virtual Router business.
Virtual Router Market report identifies that rapidly changing market trends and competitive landscape with growth significant CAGR during Forecast.
Along, with the latest marketing factors, those are essential to monitor market performance and crucial decisions for progress and profitability.Get a PDF Sample for Growth Strategies, Trends, Innovations, Business Opportunities:https://www.fortunebusinessinsights.com/enquiry/request-sample-pdf/virtual-router-market-100298It also provides accurate information and cutting-edge analysis that is necessary to formulate an ideal business plan, and to define the right path for rapid growth for all involved industry players.
With this information, stakeholders will be more capable of developing new strategies, which focus on market opportunities that will benefit them, making their business endeavors profitable in the process.List of companies profiled in the report: IBM, Nokia Corporation, Cisco Systems, Inc., Brocade Communication Systems Inc., Huawei Technologies Co., Ltd., Juniper Networks, Inc., Net gear Inc., ASUSTeK Computer Inc., Edimax Technology Co., Ltd., Belkin International, Inc., Xiaomi Corporation, and D-Link Corporation.The Virtual Router market report is an in-depth analysis of market characteristics, size, growth rate, segmentation, regional and country analysis, competitive landscape, company shares, development trends, and business strategies for this market.
This report records historical and forecasts market by region with its customer demographics which forms the core of any business.
The Virtual Router market report has expert insights on global industries, research factors, new products, company profiles, and market trends.Primary Objectives of Virtual Router Market Report:To analyze target consumers and their preferences.To determine potential opportunities, challenges, obstacles, and threats in the Virtual Router SalesTo identify and make suitable business plans according to industry and economic shifts.To analyze market rivalry and obtain maximum competitive advantages.To mitigate risks and hurdles to drive informed business decisions.In this study, the years is taken into consideration to approximate the marketAsk for Customization: https://www.fortunebusinessinsights.com/enquiry/customization/virtual-router-market-100298Regional-level analysis of the top geographies: [North America (United States, Canada, and Mexico), Europe (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe), Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia), South America (Brazil, Argentina, Colombia, and Rest of South America), Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and Rest of the Middle East & Africa)] What Will You Find in the Report?An in-depth analysis of the Virtual Router Market across regions – North America, Latin America, Western Europe, Central, and Eastern Europe, Asia Pacific, Middle East, and Africa.How the Market sales are anticipated to grow throughout the forecast period?How geopolitical policies and technical changes will affect the market in the near futureWhere the stakeholders should invest to generate higher profit marginsHow consumers (end-users) will reflect on the Virtual Router industry during the forecast periodWho are the industry leaders and what are the key initiatives taken by them for long-term growth?Inquire Before Buying This Research Report: https://www.fortunebusinessinsights.com/enquiry/queries/virtual-router-market-100298Who will benefit from the Report?Market Industry ManufacturersConsultants and AnalystsResearchersIndustry SpecialistsReasons to Purchase this Report:The trendy developments, market shares, and strategies that are employed by means of the essential market playersThe segment that is anticipated to dominate the market as properly as the segment which holds the highest CAGR in the forecast periodCurrent and future of global Virtual Router market outlook in the developed and rising marketsRegions/countries that are anticipated to witness the quickest growth rates at some stage in the forecast periodAbout Us:Fortune Business Insights™ delivers accurate data and innovative corporate analysis, helping organizations of all sizes make appropriate decisions.
