Skip to main content

Carrier Router Switch Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2019 - 2027

Carrier Router Switch Market  

Global Carrier Router Switch Market: Introduction
A carrier router switch is a distributed core router that permits service providers to deliver video, voice, image and text data over an IP next-generation network (NGN) infrastructure. Rising demand for cloud-based services and increasing development of mobile-based applications are some of the factors driving the global carrier router switch market. 
Global Carrier Router Switch Market: Dynamics
Rising Demand for Cloud Platforms
Increasing adoption of cloud platforms, led by their various advantages such as cost savings and flexibility, has augmented the demand for advanced network infrastructure to manage data traffic. The increasing workload of computing instances on cloud data centers is a key factor driving the demand for this infrasturcture. By 2021, 94% of the workload of computing instances is expected to be processed by cloud data centers, while only 6% is likely to be processed by traditional data centers. Thus, the increasing demand for next-generation network infrastructure is driving the global demand for carrier router switches.
Planning To Lay Down Future Strategy? Request Sample https://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=75655

Moreover, increasing number of smartphone users has also played a key role in fueling the global market. For instance, the number of smartphone users worldwide is expected to reach 6.7 billion by 2022 from 4.3 billion in 2017. This has raised the demand for high-speed data transmission. Moreover, multimedia services, such as video-on-demand, audio-on-demand, and peer-to-peer, also require high network bandwidth, which augments the demand for advanced network infrastructure to manage data traffic. Thus, increasing demand for advanced network infrastructure drives the global carrier router switch market.
North America Led Global Carrier Router Switch Market in 2019
Based on region, the global carrier router switch market can be segmented into North America, Europe, Asia Pacific, South America, and Middle East & Africa.
North America held a dominant share of the global carrier router switch market in 2019. It is expected to continue its dominance throughout the forecast period. According to the Cisco global cloud index, in 2017, North America accounted for 43% share of the total global cloud traffic, which was 3,514 EB. Moreover, the trend of early adoption of technology and strong presence of technology providers are other factors driving the carrier router switch market in North America.
Curious? Request To Access Market Data Carrier Router Switch Market

The carrier router switch market in Asia Pacific is expected to expand at the maximum CAGR during the forecast period. India, China, Japan, and Australia are major countries of the carrier router switch market in the region. The increasing number of small and medium enterprises (SMEs) in countries of Asia Pacific is boosting the demand for cloud-based platforms led by their advantages such as cost-effectiveness and mobility. According to the Central Statistics Office (CSO) of the Ministry of Statistics & Program Implementation of the Government of India, micro, small, and medium enterprises (MSEMs) held 28.9% share of India's GDP in FY 2016–17.
Key Players Operating in Global Carrier Router Switch Market
Key players operating in the global carrier router switch market are listed below:
  • Huawei Technologies Co., Ltd.
  • Cisco Systems, Inc.
  • Nokia Corporation
  • Juniper Networks, Inc.
More Trending Reports by Transparency Market Research –  

Labels:

Comments

Post a Comment

Popular posts from this blog

Lipid Profile Market: Information, Figures And Analytical Insights 2027 | Abbott., Akers Biosciences, Inc., Beckman Coulter

Emerging product trends, major drivers, challenges and opportunities in the market are identified and analysed apparently while generating this credible  Lipid Profile Market  analysis report. It helps customers or other market participants to be aware of the problems they may face while operating in the Lipid Profile industry over a longer period of time. The market data is analysed and forecasted using well established market statistical and coherent models. The global Lipid Profile business report is generated based on the market type, size of the organization, availability on-premises, the end-users’ organization type, and the availability in areas such as North America, South America, Europe, Asia-Pacific and Middle East & Africa. The scope of this Lipid Profile Market report extends from market scenarios to comparative pricing between major players, cost and profit of the specified market regions. The data collected to structur...
Post a Comment
Read more

Cryptocurrency Market: Opportunity Analysis and Industry Forecast Up To 2025

  The growing popularity of digital currency has played an integral role in driving sales across the global  cryptocurrency market.  The use of digital ledgers and blockchain technology across the financial space has emerged as an important dynamic of market growth. Moreover, investments in various forms of cryptocurrency have led to market growth and maturity. Several industry analysts consider cryptocurrency as a lucrative digital currency that could revolutionize the area of transactions. The availability of digital ledgers floating across the cryptocurrency ecosystem has helped in reconciling the use of this currency. Considering the factors stated above, it is legit to believe that the global cryptocurrency market would gain momentum in the times of follow. Transparency Market Research (TMR), in it report, predicts that the global cryptocurrency market would grow at a boisterous CAGR of 31.30% over the period between 2017 and 2025. The total value of the glo...
Post a Comment
Read more

Agricultural Sprayers Market To 2027 Market Development, Overview and Forecast | Deere & Company, CNH Industrial, Exel Industries

This large scale Agricultural Sprayers Market research report involves six major parameters namely market analysis, market definition, market segmentation, key developments in the market, competitive analysis, and research methodology. The report identifies and analyses the emerging trends along with major drivers, challenges and opportunities in the market. Agricultural Sprayers Market report helps uncover the general market conditions and tendencies. Clients accomplish unparalleled insights and acquaintance of the best market opportunities into their respective markets from this market report. The Agricultural Sprayers Market document assist businesses with the intelligent decision making and better manage marketing of goods which ultimately leads to growth in the business. Request an analyst call or drop down an enquiry to get thorough Agricultural Sprayers Market report. Different markets, marketing strategies, trends, future products and emerging opportunities are taken...
Post a Comment
Read more