TechNavio recognizes the following companies as the key players in the Global Router Market: Alcatel-Lucent, Cisco, Huawei, and Juniper.
Commenting on the report, an analyst from TechNavio’s team said: “The era of cloud computing, rising popularity of 3D and HDTV, emerging trends such as NAS devices and bandwidth-intensive devices is expected to drive the demand for the Global Router market. Also, the increasing usage of video, voice-over-IP and the internet will create heavy congestion in data traffic. In order to manage this traffic, routers need to be deployed, thereby increasing the demand for routers. This trend of adoption of sophisticated technology is expected to be driven by routers at its core and hence these technological trends are expected to drive the Global Router market during the forecast period.”
According to the report,one of the main drivers is the increasing IP traffic. The rising popularity of bandwidth-intensive devices, NAS devices, and network-based businesses are the key drivers of internet traffic. In order to manage this traffic core, edge and aggregation routers are installed in complex hierarchies.
Further, the report states that in order to withstand the competition, companies are compelled to make high investments in their R&D for withstanding the competition. This is posing a major challenge to the growth of the Global Router market.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors. For further information on this report, please visit https://www.technavio.com/report/global-router-market-2012-2016
TechNavio, the market research platform of Infiniti Research Ltd., publishes periodic market research reports on niche and emerging technologies. For more information on our market research, please visit https://www.technavio.com/telecom-and-networking
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