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Global Routing Market to reach USD XX billion by 2028.

Global Routing Market Size study, Type (Wired, Wireless), Placement (Edge, Core, Virtual), Application (Datacentre, Enterprise), Vertical (BFSI, Healthcare, Education, Residential, Media & Entertainment), and Regional Forecasts 2022-2028

Product Code: ICTICTI-62273926
Publish Date: 28-04-2022
Page: 200

Global Routing Market is valued approximately USD XX billion in 2021 and is anticipated to grow with a healthy growth rate of more than XX % over the forecast period 2022-2028.

Routing is the procedure of choosing a path for traffic in a network or across or between numerous networks. Routing is executed in a variety of networks involving circuit-switched networks like computer networks and the public switched telephone network. Routing is gaining huge traction across various end-use verticals such as media & entertainment, BFSI, education, healthcare, residential, commercial, and many others. The surging demand for SDN and NFV, increasing volume of multimedia content generated through web applications and the internet, growing demand for cloud services, coupled with the emergence and adoption of smart homes facilities are the key driving factors for the global market growth. For instance, according to Statista, the total number of smart homes globally was recorded at 259.89 million in 2021. Also, the amount is anticipated to grow and reach almost 478.22 million by 2025. Accordingly, these factors are propelling the demand for routing in smart home facilities, thus, in turn, accelerating the market growth in the near future. However, various security concerns associated with virtualized environments and reluctance in shifting from legacy systems to virtualized systems impedes the growth of the market over the forecast period of 2022-2028. Also, the growing need for bandwidth in data centers and increasing adoption of connected devices in the education and healthcare sectors are anticipated to act as a catalyzing factor for the market demand during the forecast period.

The key regions considered for the global Routing market study include Asia Pacific, North America, Europe, Latin America, and the Rest of the World. North America is the leading region across the world in terms of market share owing to the growing adoption of emerging technologies such as SDN, NFV cloud, IoT, and connected devices and major market players in the region. Whereas, Asia-Pacific is anticipated to exhibit the highest CAGR over the forecast period 2022-2028. Factors such as the rise in the number of digitalization initiatives, as well as the development of emerging nations such as India, China, Australia, and many other, would create lucrative growth prospects for the Routing market across the Asia-Pacific region.

Major market players included in this report are:
Cisco
Huawei Technologies Co., Ltd.
Juniper Networks, Inc.
Hewlett Packard Enterprise Development LP
Arista Networks, Inc.
ASUSTeK Computer Inc.
Nokia Corporation
Xiaomi Corporation
Allied Telesis, Inc.
Belkin International, Inc.
The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:
By Type:
Wired
Wireless
By Placement:
Edge
Core
Virtual
By Application:
Datacenter
Enterprise
By Vertical:
BFSI
Healthcare
Education
Residential
Media & Entertainment
By Region:
North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE

Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
Rest of the World

Furthermore, years considered for the study are as follows:

Historical year – 2018, 2019, 2020
Base year – 2021
Forecast period – 2022 to 2028

Target Audience of the Global Routing Market in Market Study:

Key Consulting Companies & Advisors
Large, medium-sized, and small enterprises
Venture capitalists
Value-Added Resellers (VARs)
Third-party knowledge providers
Investment bankers
Investors

Chapter 1. Executive Summary
1.1. Market Snapshot
1.2. Global & Segmental Market Estimates & Forecasts, 2020-2028 (USD Billion)
1.2.1. Global Routing Market, by Region, 2020-2028 (USD Billion)
1.2.2. Global Routing Market, by Type, 2020-2028 (USD Billion)
1.2.3. Global Routing Market, by Placement, 2020-2028 (USD Billion)
1.2.4. Global Routing Market, by Application, 2020-2028 (USD Billion)
1.2.5. Global Routing Market, by Vertical, 2020-2028 (USD Billion)
1.3. Key Trends
1.4. Estimation Methodology
1.5. Research Assumption
Chapter 2. Global Routing Market Definition and Scope
2.1. Objective of the Study
2.2. Market Definition & Scope
2.2.1. Scope of the Study
2.2.2. Industry Evolution
2.3. Years Considered for the Study
2.4. Currency Conversion Rates
Chapter 3. Global Routing Market Dynamics
3.1. Routing Market Impact Analysis (2020-2028)
3.1.1. Market Drivers
3.1.1.1. Increasing penetration of virtualized technologies
3.1.1.2. Surging demand for internet-based devices and expansion of cloud networking
3.1.2. Market Challenges
3.1.2.1. Security concerns associated with virtualized environment
3.1.2.2. Reluctance in shifting from legacy systems to virtualized systems
3.1.3. Market Opportunities
3.1.3.1. Growing need for bandwidth in data centers
3.1.3.2. Increasing adoption of connected devices in education and healthcare sectors
Chapter 4. Global Routing Market Industry Analysis
4.1. Porter’s 5 Force Model
4.1.1. Bargaining Power of Suppliers
4.1.2. Bargaining Power of Buyers
4.1.3. Threat of New Entrants
4.1.4. Threat of Substitutes
4.1.5. Competitive Rivalry
4.1.6. Futuristic Approach to Porter’s 5 Force Model (2018-2028)
4.2. PEST Analysis
4.2.1. Political
4.2.2. Economical
4.2.3. Social
4.2.4. Technological
4.3. Investment Adoption Model
4.4. Analyst Recommendation & Conclusion
4.5. Top investment opportunity
4.6. Top winning strategies
Chapter 5. Risk Assessment: COVID-19 Impact
5.1.1. Assessment of the overall impact of COVID-19 on the industry
5.1.2. Pre COVID-19 and post COVID-19 market scenario
Chapter 6. Global Routing Market, by Type
6.1. Market Snapshot
6.2. Global Routing Market by Type, Performance – Potential Analysis
6.3. Global Routing Market Estimates & Forecasts by Type 2018-2028 (USD Billion)
6.4. Routing Market, Sub Segment Analysis
6.4.1. Wired
6.4.2. Wireless
Chapter 7. Global Routing Market, by Placement
7.1. Market Snapshot
7.2. Global Routing Market by Placement, Performance – Potential Analysis
7.3. Global Routing Market Estimates & Forecasts by Placement 2018-2028 (USD Billion)
7.4. Routing Market, Sub Segment Analysis
7.4.1. Edge
7.4.2. Core
7.4.3. Virtual
Chapter 8. Global Routing Market, by Application
8.1. Market Snapshot
8.2. Global Routing Market by Application, Performance – Potential Analysis
8.3. Global Routing Market Estimates & Forecasts by Application 2018-2028 (USD Billion)
8.4. Routing Market, Sub Segment Analysis
8.4.1. Datacentre
8.4.2. Enterprise
Chapter 9. Global Routing Market, by Vertical
9.1. Market Snapshot
9.2. Global Routing Market by Vertical, Performance – Potential Analysis
9.3. Global Routing Market Estimates & Forecasts by Vertical 2018-2028 (USD Billion)
9.4. Routing Market, Sub Segment Analysis
9.4.1. BFSI
9.4.2. Healthcare
9.4.3. Education
9.4.4. Residential
9.4.5. Media & Entertainment
Chapter 10. Global Routing Market, Regional Analysis
10.1. Routing Market, Regional Market Snapshot
10.2. North America Routing Market
10.2.1. U.S. Routing Market
10.2.1.1. Type estimates & forecasts, 2018-2028
10.2.1.2. Placement estimates & forecasts, 2018-2028
10.2.1.3. Application estimates & forecasts, 2018-2028
10.2.1.4. Vertical estimates & forecasts, 2018-2028
10.2.2. Canada Routing Market
10.3. Europe Routing Market Snapshot
10.3.1. U.K. Routing Market
10.3.2. Germany Routing Market
10.3.3. France Routing Market
10.3.4. Spain Routing Market
10.3.5. Italy Routing Market
10.3.6. Rest of Europe Routing Market
10.4. Asia-Pacific Routing Market Snapshot
10.4.1. China Routing Market
10.4.2. India Routing Market
10.4.3. Japan Routing Market
10.4.4. Australia Routing Market
10.4.5. South Korea Routing Market
10.4.6. Rest of Asia Pacific Routing Market
10.5. Latin America Routing Market Snapshot
10.5.1. Brazil Routing Market
10.5.2. Mexico Routing Market
10.6. Rest of The World Routing Market
Chapter 11. Competitive Intelligence
11.1. Top Market Strategies
11.2. Company Profiles
11.2.1. Cisco
11.2.1.1. Key Information
11.2.1.2. Overview
11.2.1.3. Financial (Subject to Data Availability)
11.2.1.4. Product Summary
11.2.1.5. Recent Developments
11.2.2. Huawei Technologies Co., Ltd.
11.2.3. Juniper Networks, Inc.
11.2.4. Hewlett Packard Enterprise Development LP
11.2.5. Arista Networks, Inc.
11.2.6. ASUSTeK Computer Inc.
11.2.7. Nokia Corporation
11.2.8. Xiaomi Corporation
11.2.9. Allied Telesis, Inc.
11.2.10. Belkin International, Inc.
Chapter 12. Research Process
12.1. Research Process
12.1.1. Data Mining
12.1.2. Analysis
12.1.3. Market Estimation
12.1.4. Validation
12.1.5. Publishing
12.2. Research Attributes
12.3. Research Assumption

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Market driving trends and favorable economic conditions
Restraints and challenges that are expected to be encountered during the forecast period.
Anticipated opportunities for growth and development
Technological advancements and projected developments in the market
Consumer spending trends and dynamics
Shifts in consumer preferences and behaviors.
The current state of raw materials and trends in supply versus pricing
Regulatory landscape and expected changes or developments.
The existing capacity in the market and any expected additions or expansions up to the end of the forecast period.
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