A router is a networking device that performs the tasks of routing and forwarding information. It connects two or more logical subnets to the physical interfaces of the router. The growing Internet bandwidth has driven the increase in the number of mobile computing devices such as tablets, smartphones, and wearables with new capabilities along with the emergence of disruptive technologies that shift bandwidth use by altering the access network of users.
Technavio’s analysts forecast the global commercial router market to grow at a CAGR of 6.65% during the period 2017-2021.
Covered in this report The report covers the present scenario and the growth prospects of the global commercial router market for 2017-2021. To calculate the market size, the report considers the revenue generated from the sales commercial routers.
The market is divided into the following segments based on geography: - Americas - APAC - EMEA
Technavio's report, Global Commercial Router Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
Key vendors - Brocade Communication Systems - Cisco - HPE - Huawei Technologies
Market driver - High adoption of BYOD policy - For a full, detailed list, view our report
Market challenge - Growth of complementary technologies such as SDN and NFV - For a full, detailed list, view our report
Market trend - Increased use of commercial router in retail industry - For a full, detailed list, view our report
Key questions answered in this report - What will the market size be in 2021 and what will the growth rate be? - What are the key market trends? - What is driving this market? - What are the challenges to market growth? - Who are the key vendors in this market space? - What are the market opportunities and threats faced by the key vendors? - What are the strengths and weaknesses of the key vendors?
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Methodology Research methodology is based on extensive primary and secondary research. Primary research includes in-depth interviews with industry experts, vendors, resellers and customers. Secondary research includes Technavio Platform, industry publications, company reports, news articles, analyst reports, trade associations and the data published by Government agencies.
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