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
- 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
Market – Segmentation
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 Market 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
A full report Global Virtual Router Market of is available at: https://www.orionmarketreports.com/virtual-router-market/37941/
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).
2. What will be the CAGR of the 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.
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(This release has been published on Global Market Post.
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