AP NEWS
Press release content from Business Wire. The AP news staff was not involved in its creation.
PRESS RELEASE: Paid content from Business Wire
Press release content from Business Wire. The AP news staff was not involved in its creation.

Enterprise Router Market Procurement Intelligence Report | Forecasts of over USD 1 Billion Spend Growth in the Enterprise Router Market

December 3, 2019
Enterprise Router Market Procurement Intelligence Report | Forecasts of over USD 1 Billion Spend Growth in the Enterprise Router Market
Enterprise Router Market Procurement Intelligence Report | Forecasts of over USD 1 Billion Spend Growth in the Enterprise Router Market

LONDON--(BUSINESS WIRE)--Dec 3, 2019--

SpendEdge has been monitoring the global enterprise router market and the market is poised to experience spend growth of more than USD 1 billion between 2019-2024 at a CAGR of over 4% during the forecast period. Request Free Sample Pages.

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20191203005497/en/

SpendEdge, a global procurement market intelligence firm, has announced the release of its Global Enterprise Router Market - Procurement Intelligence Report. (Graphic: Business Wire)

Read the 133-page research report with TOC and LOE on “The Global Enterprise Router Market – Procurement Intelligence Report, Pricing Outlook in Geographies that include APAC, North America, South America, and MEA, and insights into best practices to optimize procurement spend.”

Cloud computing is gaining prominence in operations across a majority of enterprises. This is resulting in the generation of massive volumes of data and is creating the requirement for high-speed internet. Such infrastructural requirements are propelling the demand for enterprise routers and are driving substantial investments into this market. The recent increase in the demand for network virtualization solutions is contributing to the demand growth in the enterprise routers market. Despite predictions of spend growth, factors like lack of infrastructures, such as servers and data centers, in many developing nations are taking a toll on spend growth in the enterprise router market.

In North America, the balanced ratio of buyers and suppliers is favoring demand growth in the enterprise router market. Last year, the market share in this region touched a figure of almost 45%. The high adoption rate of software-defined and cloud-based network solutions will continue contributing to spend growth in the enterprise router market in this region. Meanwhile, in APAC, technological developments and adoption of IT infrastructure by enterprises are favoring market spend growth that posted an average annualized growth of about 8% last year. It is expected that enterprise routers suppliers who can deliver at competitive rates are likely to experience healthy growth in APAC, where many corporates are seeking to deploy economical enterprise router solutions.

Subscribe to our procurement platformto get instant access to over 1000 market-ready procurement intelligence reports without any additional costs or commitment.

Insights into the market pricing trends

Insights into the supply market that will have potential impacts on your procurement strategy

Some of the top enterprise router suppliers enlisted in this report

Buy 1 report and get the second for 50% off. Buy 2 reports and get the third for free. Download the free sample of this report on the enterprise router market.

Some of the key topics covered in this report are:

Free sample of reports that you may like:

About SpendEdge:

SpendEdge shares your passion for driving sourcing and procurement excellence. We are the preferred procurement market intelligence partner for 120+ Fortune 500 firms and other leading companies across numerous industries. Our strength lies in delivering robust, real-time procurement market intelligence reports and solutions. To know more, https://www.spendedge.com/request-free-proposal

View source version on businesswire.com:https://www.businesswire.com/news/home/20191203005497/en/

CONTACT: SpendEdge

Anirban Choudhury

Marketing Manager

US: +1 630 984 7340

UK: +44 148 459 9299

https://www.spendedge.com/contact-us

KEYWORD:

INDUSTRY KEYWORD: PROFESSIONAL SERVICES CONSULTING

SOURCE: SpendEdge

Copyright Business Wire 2019.

PUB: 12/03/2019 10:30 AM/DISC: 12/03/2019 10:30 AM

http://www.businesswire.com/news/home/20191203005497/en