IP Core & Edge Routers and Switches Market
IP Core & Edge Routers and Switches Market Global Industry Assessment & Forecast
#
Pages:
136
2021
Nov - 2021
VMR-2021-0327
Segments Covered
By
Type Multiservice Edge Router, Ethernet Service Edge Router, Hard Cores, Soft Cores
-
By
Application Oil and Gas, Manufacturing, Others
Snapshot
 Forecast
Years:
|
2021 - 2028 |
 Historical
Years:
|
2016 - 2020 |
 Revenue
2021: |
5699 Million |
 Revenue 2028:
|
8351 Million |
 Revenue CAGR
(2021 - 2028): |
4.89 |
Fastest Growing Region (2022 -
2028)
|
Asia Pacific |
Customization Offered
Cross-segment Market Size and
Analysis
for Mentioned Segments- Additional Company Profiles (Upto 5
With
No Cost)
- Additional Countries (Apart From
Mentioned Countries)
- Country/Region-specific Report
- Go To Market Strategy
- Region Specific Market Dynamics
- Region Level Market Share
- Import Export Analysis
- Production Analysis
- Others Request
Customization Speak To
Analyst
The report
delivers an acute breakdown of the market based on various segments such as Type,
Application, and region. The report will cover market
estimations and forecast for each segment by region for the years 2016–2028. Several
growth factors and opportunities impacting various segments have been
incorporated in the report. On
the basis of Type, the market is divided into Multiservice Edge Router, Ethernet Service Edge Router, Hard Cores, Soft Cores. Multiservice Edge Router
held the largest share in 2020 and is projected to witness substantial growth
during the forecast period.
Based
on Application, the market is divided into Oil and Gas, Manufacturing, Others. Chemical industry
attributed to the highest market share and is expected to grow at a significant
CAGR from 2021 to 2028.
Global IP Core & Edge Routers and Switches Market: Type Segment Analysis
-
- Multiservice Edge Router
- Ethernet Service Edge Router
- Hard Cores
- Soft Cores
Global IP Core & Edge Routers and Switches Market: Application Segment Analysis
-
- Oil and Gas
- Manufacturing
- Others
FAQ
Frequently Asked Question
What is the global demand for IP Core & Edge Routers and Switches in terms of revenue?
-
The global IP Core & Edge Routers and Switches valued at 5699 Million in 2020 and is expected to reach 8351 Million in 2028 growing at a CAGR of 4.89%.
Which are the prominent players in the market?
-
The prominent players in the market are Alcatel-Lucent, ZTE Corporation, Ciena, Juniper Networks, Huawei Technologies, Cisco..
At what CAGR is the market projected to grow within the forecast period?
-
The market is project to grow at a CAGR of 4.89% between 2021 and 2028.
What are the driving factors fueling the growth of the market?
-
The driving factors of the IP Core & Edge Routers and Switches include
- Enhancing performance helps reduce energy expenditure and improves the process execution time thus decreases the operational costs of the company This is driving factor for IP Core & Edge Routers and Switches Market.
- Rise in demand for PLC devices due to their costlier loop processing function and multiple operative abilities which is another driving factor for IP Core & Edge Routers and Switches Market.
Which region accounted for the largest share in the market?
-
Asia Pacific was the leading regional segment of the IP Core & Edge Routers and Switches in 2020.
