Router and switch market size worth $41.02 bn by 2022.

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Router and switch market size worth 41.02 bn by
2022.
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Global Market Scenario of Ethernet Switch Market

• Router and switch market size is projected to
  reach USD 41.02 billion by 2022, as per a new
  research report by Global Market Insights, Inc.
  Flourishing usage of cloud based computing
  solution is anticipated to propel industry
  growth.
• Features such as flexibility and
  application-driven customization of network
  infrastructure are expected to justify the shift
  in technology from hardware solutions to software
  solutions.  
•                             
• Ethernet service edge router market was valued at
  USD 9.62 billion in 2014 and it is likely to
  reach USD 12.63 billion by 2022.
  Application-Specific Integrated Circuits (ASIC)
  are combined with hardware as well as software
  elements to meet customer requirements such as
  quality, total scalability, cost of ownership,
  experience and security requirements. BYOD market
  growth is anticipated to boost demand by offering
  numerous benefits such as cost reductions,
  employee satisfaction as well as better
  productivity. 

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Continue.....

• Asia Pacific router and switch market share
  accumulated over 25 of the overall revenue in
  2014 and is expected to reach USD 10.79 billion
  by 2022, owing to rising demand for
  high-definition content as well as multi-screen
  delivery.
• North America, with U.S. router and switch market
  size dominating the region, was valued at USD
  12.77 billion in 2014 and it is likely to reach
  USD 15.87 billion by 2022 due to increasing
  backhaul investments. 
• Internet Exchange Router was valued at USD 13.04
  billion in 2014 and it is forecast to reach USD
  16.37 billion by 2022. The spur in demand can be
  subjected to its property of being the basic
  building block of the internet. Service provider
  core router was valued for USD 3.13 billion in
  2014. It is estimated to grow at a CAGR of 2.8
  from 2015 to 2022 due to optimized power
  consumption and high efficiency furnished by the
  system. 

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U.S. router and switch market size by product,
2012-2022 (USD Million)
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360 Analysis

• Product Analysis
• Internet exchange router acts as building block
  of internet. It is expected to accumulate more
  than 40 of the overall industry and exceed USD
  16 billion by 2022. Service provider core router
  was valued over USD 3 billion in 2014 and is
  likely to grow at a CAGR of over 2.5 from 2015
  to 2022.
• Service Analysis
• Internet data center valued over USD 12 billion
  in 2014. It is estimated to grow at a CAGR of
  over 3 from 2015 to 2022 due to numerous
  benefits offered such as enhanced power and space
  access. BRAS (Broadband Access Aggregation)
  accounted for more than 27 of the overall market
  share in 2014. It is expected to exceed USD 11
  billion by 2022 growing at a CAGR of over 2.5
  during the forecast period
• Regional Analysis
• North America router and switch market share was
  valued over USD 12 billion in 2014. It is
  projected to be valued over USD 15.5 billion by
  2022 growing at CAGR of over 2 from 2015 to 2022
  owing to significant rise in backhaul investments
  in the region. 

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Latest Research Report On Aerial Imaging
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Latest Report PDF _at_ https//www.gminsights.com/req
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