The global virtual router market size is expected to grow from $86.8 million in 2017 to $31.5 million in 2023 with an average annual growth rate (CAGR) of 23.2% over the forecast period. The main factors driving the market growth are declining CAPEX and OPEX, increasing demand for SDN and NFV, and increasing demand for mobility.
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Company Profile
The key players profiled in the virtual router market analysis include 128 Technology, Nokia, Cisco Systems, International Business Machines Corporation (IBM), Hewlett Packard Enterprise, Huawei Technologies Co., Ltd., 6WIND, Broadcom (Brocade Communications Systems), Ericsson, Juniper Networks, Netronome and others.
Market Segmentation
Virtual Router Market Segmentations
By Component
Solution
Service
By Type
Pre-defined
Custom
By End-User
Service Provider
Enterprises*
Scope of the Report
The research study analyzes the global Virtual Router industry from 360-degree analysis of the market thoroughly delivering insights into the market for better business decisions, considering multiple aspects some of which are listed below as:
Recent Developments
o Market Overview and growth analysis
o Import and Export Overview
o Volume Analysis
o Current Market Trends and Future Outlook
o Market Opportunistic and Attractive Investment Segment
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Geographic Coverage
o North America Market Size and/or Volume
o Latin America Market Size and/or Volume
o Europe Market Size and/or Volume
o Asia-Pacific Market Size and/or Volume
o Rest of the world Market Size and/or Volume
Key Questions Answered by Virtual Router Market Report
1. What was the Virtual Router Market size in 2019 and 2020; what are the estimated growth trends and market forecast (2021-2027).
What will be the CAGR of Virtual Router Market during the forecast period (2021-2027)?
3. Which segments (product type/applications/end-user) were most attractive for investments in 2021? How these segments are expected to grow during the forecast period (2021-2027).
4. Which manufacturer/vendor/players in the Virtual Router Market was the market leader in 2020?
5. Overview on the existing product portfolio, products in the pipeline, and strategic initiatives taken by key vendors in the market.
The report covers the following objectives:
Proliferation and maturation of trade in the global Virtual Router market.
The market share of the global Virtual Router market, supply and demand ratio, growth revenue, supply chain analysis, and business overview.
Current and future market trends that are influencing the growth opportunities and growth rate of the global Virtual Router market.
Feasibility study, new market insights, company profiles, investment return, revenue (value), and consumption (volume) of the global Virtual Router market.
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