The global Virtual Router market size is projected to reach USD 331.5 million by 2023 from USD 86.8 million in 2017, growing at a CAGR of 23% during the forecast period. The main factors driving the market growth are decreasing CAPEX and OPEX, increasing demand for SDN and NFV, and increasing demand for mobility.
A full report of Virtual Router Market available at https://www.orionmarketreports.com/virtual-router-market/37941/
The key players profiled in the virtual router market analysis include 128 Technology, Nokia, Cisco Systems, International Business Machines Corporation (IBM), Hewlett Packard Enterprise, Huawei Technologies Co., Ltd., 6WIND, Broadcom (Brocade Communications Systems), Ericsson, Juniper Networks, Netronome and others.
Virtual Router Market: Segmentation
By Component
Solution
• Integrated Solution
• Standalone Solution
Service
• Professional Services
• Managed Services
By Type
• Pre-defined
• Custom
By End-User
Service Provider
• Telecom
• Data Center
• Cloud
Enterprises*
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