Virtual router market size is expected to grow from $86.8 million in 2017 to $31.5 million in 2027 with an average annual growth rate (CAGR) of 23% over the forecast period.
A virtual router is a virtual instantiation of a hardware router. It is a software feature that duplicates the functionality of a hardware-based Layer 3 IP router in software. The importance of virtual routers is increasing primarily for telecommunication service providers. By offering a number of benefits such as reduced total cost of ownership (TCO), scalability, flexibility, and a pay-as-you-grow model, organizations’ preferences have turned to virtual routers.
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By the type, the market is primarily split into
- Predefined
- Custom
By the application, this report covers the following segments
- Service Provider (Telecom, Data Center, and Cloud)
- Enterprises
The Virtual Router key manufacturers in this market include:
- Palo Alto Networks
- Ross Video
- 6wind
- 128 Technology
- Trendnet
- Linksys
- Time
- Allied Telesis
- Check Point
- Inventum
- Drivenets
- Connectify
A full report of Global Virtual Router Market is available at: https://www.orionmarketreports.com/virtual-router-market/37941/
Scope of the Report
The research study analyzes the global Virtual Router industry from 360-degree analysis of the market thoroughly delivering insights into the market for better business decisions, considering multiple aspects some of which are listed below as:
Recent Developments
o Market Overview and growth analysis
o Import and Export Overview
o Volume Analysis
o Current Market Trends and Future Outlook
o Market Opportunistic and Attractive Investment Segment
Geographic Coverage
o North America Market Size and/or Volume
o Latin America Market Size and/or Volume
o Europe Market Size and/or Volume
o Asia-Pacific Market Size and/or Volume
o Rest of the world Market Size and/or Volume
Key Questions Answered by Virtual Router Market Report
1. What was the Virtual Router Market size in 2018 and 2019; what are the estimated growth trends and market forecast (2021-2027).
- What will be the CAGR of Virtual Router Market during the forecast period (2021-2027)?
3. Which segments (product type/applications/end-user) were most attractive for investments in 2018? How these segments are expected to grow during the forecast period (2021-2027).
4. Which manufacturer/vendor/players in the Virtual Router Market was the market leader in 2018?
5. Overview on the existing product portfolio, products in the pipeline, and strategic initiatives taken by key vendors in the market.
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