Worldwide Carrier Routing Equipment Forecast, 2022-2026: SP Routing Market Will Grow at a Healthy Pace After Rebound in 2021

Worldwide Carrier Routing Equipment Forecast, 2022-2026: SP Routing Market Will Grow at a Healthy Pace After Rebound in 2021

  • May 2022 •
  • 9 pages •
  • Report ID: 6284222 •
  • Format: PDF
This IDC study presents the worldwide market forecast for carrier routing network equipment for 2022-2026. Carrier routing network equipment sales to carrier SPs are forecast to grow from $12.2 billion in 2021 to $14.6 billion by the end of 2026 at a CAGR of 3.7%."IDC expects the carrier routing equipment market to continue to grow over the next five years driven by the steady investment by service providers in the higher-bandwidth routing technologies to address the growing and flexible network capacity needs." -- says Ajeet Das, research director, Carrier Network Infrastructure, IDC