The global enterprise routers market is anticipated to grow at a significant CAGR during the forecast period. Enterprise routers are essential items that are used every day by every business or enterprise. It is used to link computer networks and the internet in businesses. Routers perform a variety of functions, including enterprise routing, which allows enterprises to regulate position activities with more CPU capacity. It also allows businesses to improve their interface for both Ethernet and WAN circuits, as well as run NetFlow/sFlow, MPLS, QoS, and other security features. It includes features such as deep packet inspection and WAN acceleration.
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To satisfy organisations’ expanding appetites for faster performance and superior user experiences, service providers are swiftly updating their networks. However, as service providers implement virtualization and SDN capabilities, monitoring techniques that can’t keep up are holding them back. New issues arose as a result of enterprise cloud migrations and a growing reliance on software-as-a-service applications. This has prompted service providers to adopt technologies such as NFV, SDN, and cloud-native computing.
Furthermore, as work from home (WFH) becomes the newest trend during the COVID-19 pandemic, players and individual customers may be seen securing their various IT products for their employees. As a result, the demand for IT peripherals, such as wireless routers, increased drastically over the years. In April 2020, scientists developed a small wireless device that allows COVID-19 patients to be monitored at home. The equipment, which looks like a Wi-Fi router and is dubbed Emerald, was created with the support of MIT’s CSAIL, which can monitor one’s respiration as well as their movements and sleep patterns.
Security and privacy issues, on the other hand, are limiting the market. Most of the routers are running using out-of-date software with exploitable security flaws, which is obstructing the growth of the market. Devices such as routers can be hijacked from a variety of malware into handheld devices. It is highly riskier in situations as many employees are currently working from home owing to a COVID-19 pandemic or access wi-fi networks that operate at enterprise-level security.
Market Coverage
- The market number available for – 2020-2027
- Base year- 2020
- Forecast period- 2021-2027
Segment Covered-
- By Type of Connectivity
- By Type of Port
- By Type
- By Verticals
- Competitive Landscape: Cisco Systems, Inc., Juniper Networks, Inc., Dell, Inc., and Hewlett Packard Enterprise Co., among others.
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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?
- Recovery Timeline
- Deviation from pre-COVID forecast
- 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 Enterprise Routers Market- Segmentation
By Type of Connectivity
- Wired
- Wireless
By Type of Port
- Fixed Port
- Modular
By Type
- Core Router
- Multi Services Edge
- Access Router
By End user
- Healthcare
- BFSI
- IT & Telecom
- Retail
- Others.
(This release has been published on OMR Industry Journal. OMR Industry Journal is not responsible for any content included in this release.)
