2014-01-23 18:33:03 - Global Router Market 2012-2016 - a new market research report on companiesandmarkets.com
The Global Router market is to grow at a CAGR of 14.94 percent over the period 2012-2016. One of the key factors contributing to this market growth is the increasing Internet Protocol traffic. The Global Router market has also been witnessing the adoption of sophisticated technology. However, the need for huge R&D investments could pose a challenge to the growth of this market.
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.
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.
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 key vendors dominating this space include Alcatel-Lucent S.A., Cisco Systems Inc., Huawei Technologies Co. Ltd., and Juniper Networks Inc.
The other vendors mentioned include ADTRAN Inc., Allied Telesis Inc., and NETGEAR.
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