The global border gateway protocol (BGP) Market is anticipated to grow at a significant CAGR during the forecast period. The major factors for the growth of the market are the rapid urbanisation across the globe and rising usage of the internet, along with that increasing demand for secure information transferring protocol, which is expected to fuel the growth of the market during the forecast period.
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With the increasing traffic of communication, many companies are increasing their IT infrastructure. The increasing use of smart utilities such as smartphones has enabled users to use the internet anytime anywhere, resulting in higher internet usage across the globe. Due to the increasing usage of the internet, there has been increasing demand for routing devices, which in turn is significantly growing the global BGP market. As Border Gateway Protocol (BGP) is a routing protocol which is used for transferring the data or information across the host, in recent years governments are installing network services at public places, which demands for increased IT structure, in turn facilitating the growth of the global BGP market during the forecast period. Some of the key global players in the global border gateway protocol (BGP) Market include Cisco Systems, Inc., Huawei Technologies Co. Ltd., Arista Networks, Inc., ZTE Corporation, Juniper Networks, Inc., among others.
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Market Coverage
- Segment Covered-
o By Type
o By End-Use
- Competitive Landscape – Cisco Systems, Inc., Huawei Technologies Co. Ltd., Arista Networks, Inc., ZTE Corporation, Juniper Networks, Inc., among others.
Key questions addressed by the report
- What is the market growth rate?
- Which segment and region dominates the market in base year?
- Which segment and region will project fastest growth in the market?
- How COVID-19 impacted the market?
o Recovery Timeline
o Deviation from pre-COVID forecast
o Most affected region and segment
- Who is the leader in the market?
- How players are addressing challenges to sustain growth?
- Where is the investment opportunity?
Global Border Gateway Protocol (BGP) Market by Segments
o By Type
- Internal BGP
- External BGP
o By End-Use
- Education
- BFSI
- Manufacturing
- Telecom and IT
- Energy
- Healthcare and Life Science
- Retail
- Public Sector
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