Insights on the $157 Million Virtual Routers Global Market to 2027 - Featuring 128 Technology, Arista Networks and Brocade Among Others - ResearchAndMarkets.com
DUBLIN--(BUSINESS WIRE)--Jun 23, 2021--
The “Virtual Routers - Global Market Trajectory & Analytics” report has been added to ResearchAndMarkets.com’s offering.
Amid the COVID-19 crisis, the global market for Virtual Routers estimated at US$157 Million in the year 2020, is projected to reach a revised size of US$561.5 Million by 2027, growing at a CAGR of 20% over the period 2020-2027.
Solutions, one of the segments analyzed in the report, is projected to record 19.2% CAGR and reach US$355.8 Million by the end of the analysis period. After an early analysis of the business implications of the pandemic and its induced economic crisis, growth in the Services segment is readjusted to a revised 21.4% CAGR for the next 7-year period.
The U.S. Market is Estimated at $46.8 Million, While China is Forecast to Grow at 19.6% CAGR
The Virtual Routers market in the U.S. is estimated at US$46.8 Million in the year 2020. China, the world’s second largest economy, is forecast to reach a projected market size of US$98.9 Million by the year 2027 trailing a CAGR of 19.6% over the analysis period 2020 to 2027.
Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 17.8% and 17% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 14% CAGR.
Select Competitors (Total 36 Featured):
- 128 Technology
- Allied Telesis
- Arista Networks
- Check Point
Key Topics Covered:
II. EXECUTIVE SUMMARY
1. MARKET OVERVIEW
- Influencer Market Insights
- World Market Trajectories
- Impact of Covid-19 and a Looming Global Recession
2. FOCUS ON SELECT PLAYERS
3. MARKET TRENDS & DRIVERS
4. GLOBAL MARKET PERSPECTIVE
III. MARKET ANALYSIS
- Total Companies Profiled: 36
For more information about this report visit https://www.researchandmarkets.com/r/d85rrg
View source version on businesswire.com:https://www.businesswire.com/news/home/20210623005754/en/
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INDUSTRY KEYWORD: SOFTWARE TECHNOLOGY NETWORKS OTHER TECHNOLOGY
SOURCE: Research and Markets
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PUB: 06/23/2021 11:26 AM/DISC: 06/23/2021 11:26 AM