Regardless of a company’s size or income, the most recent research report from Quadintel offers a thorough analysis of the Global Routing Market for the years 2023-2030.
An overview of the Routing Market, the current state of the industry, market trends, significant market participants, product type, application, and geography are provided at the beginning of the study. It also covers how COVID-19 has affected market participants, end-user industries, future predictions, growth potential, and worldwide market trends.
Global Routing Market is valued approximately USD $$ billion in 2021 and is anticipated to grow with a healthy growth rate of more than $% over the forecast period 2023-2030.
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Routing is the procedure of choosing a path for traffic in a network or across or between numerous networks. Routing is executed in a variety of networks involving circuit-switched networks like computer networks and the public switched telephone network. Routing is gaining huge traction across various end-use verticals such as media & entertainment, BFSI, education, healthcare, residential, commercial, and many others. The surging demand for SDN and NFV, increasing volume of multimedia content generated through web applications and the internet, growing demand for cloud services, coupled with the emergence and adoption of smart homes facilities are the key driving factors for the global market growth.
For instance, according to Statista, the total number of smart homes globally was recorded at 259.89 million in 2021. Also, the amount is anticipated to grow and reach almost 478.22 million by 2025. Accordingly, these factors are propelling the demand for routing in smart home facilities, thus, in turn, accelerating the market growth in the near future. However, various security concerns associated with virtualized environments and reluctance in shifting from legacy systems to virtualized systems impedes the growth of the market over the forecast period of 2022-2028. Also, the growing need for bandwidth in data centers and increasing adoption of connected devices in the education and healthcare sectors are anticipated to act as a catalyzing factor for the market demand during the forecast period.
The key regions considered for the global Routing market study include Asia Pacific, North America, Europe, Latin America, and the Rest of the World. North America is the leading region across the world in terms of market share owing to the growing adoption of emerging technologies such as SDN, NFV cloud, IoT, and connected devices and major market players in the region. Whereas, Asia-Pacific is anticipated to exhibit the highest CAGR over the forecast period 2022-2028. Factors such as the rise in the number of digitalization initiatives, as well as the development of emerging nations such as India, China, Australia, and many other, would create lucrative growth prospects for the Routing market across the Asia-Pacific region.
Major market players included in this report are:
- Cisco
- Huawei Technologies Co., Ltd.
- Juniper Networks, Inc.
- Hewlett Packard Enterprise Development LP
- Arista Networks, Inc.
- ASUSTeK Computer Inc.
- Nokia Corporation
- Xiaomi Corporation
- Allied Telesis, Inc.
- Belkin International, Inc.
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The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players.
The detailed segments and sub-segment of the market are explained below:
By Type:
Wired
Wireless
By Placement:
Edge
Core
Virtual
By Application:
Datacenter
Enterprise
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By Vertical:
BFSI
Healthcare
Education
Residential
Media & Entertainment
By Region:
North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE
Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
Rest of the World
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With regard to the COVID-19 Outbreak Impact Analysis:
- In light of COVID-19, the report examined market trends.
- On the basis of the upstream and downstream markets, the study examined COVID-19’s effects on the manufacturing industry’s supply chain.
- We examine how COVID-19 has affected diverse regions and significant nations.
- It is noted how COVID-19 will affect the industry’s future growth.
Key Points Covered in this Report:
Chapter 1, About Executive Summary to describe Definition, Specifications and Classification of market, Applications, Market Segment by Regions North America, Europe or Asia;
Chapter 2, objective of the study.
Chapter 3, to display Research methodology and techniques.
Chapter 4 and 5, to show the Overall Market Analysis, segmentation analysis, characteristics;
Chapter 6 and 7, to show the Market size, share and forecast; Five forces analysis (bargaining Power of buyers/suppliers), Threats to new entrants and market condition;
Chapter 8 and 9, to show analysis by regional segmentation, comparison, leading countries and opportunities; Regional Marketing Type Analysis, Supply Chain Analysis
Chapter 10, focus on identifying the key industry influencer’s, overview of decision framework accumulated through Industry experts and strategic decision makers;
Chapter 11 and 12, Market Trend Analysis, Drivers, Challenges by consumer behavior, Marketing Channels and demand & supply.
Chapter 13 and 14, describe about the vendor landscape (classification and Market Positioning)
Chapter 15, deals with Market sales channel, distributors, traders, dealers, Research Findings and Conclusion, appendix and data source.
……..and view more in complete table of Contents
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