Global Router Market to Reach $15.9 Billion by 2015, According to New Report by Global Industry Analysts, Inc.

Global Router Market to Reach $15.9 Billion by 2015, According to New Report by Global Industry Analysts, Inc.

The global router market is all geared up for unprecedented growth, characterized by innovation and competition. The near future would be marked by carrier Ethernet, escalating bandwidth use and growing subscriber base, besides upgrades and replacements. Service providers are likely to steer future growth, as in the past, providing huge opportunity for the global router market, as routers comprise an essential part of the next-generation networks.

San Jose, CA (PRWEB) February 18, 2009 -- Internet-enabled devices are fast proliferating, driven by the ever-increasing tasks and services that are managed online such as phone calls, personalized searches and downloading of games and videos, to play an essential role in the future of IT and communications. The network is in the middle of bringing big ideas to life, changing the way we work, live and learn, and routers play an essential role in the evolution of networks for human connectivity. Global router market (http://www.strategyr.com/Routers_Market_Report.asp) is projected to reach US$15.9 billion by 2015. North America is the largest router market in the world. Asia-Pacific is the fastest growing router market, exhibiting impressive growth over the analysis period. Service providers' router market (http://www.strategyr.com/Routers_Market_Report.asp) is expected to remain the largest and the fastest growing end-use segment. The service provider market is defined by heavy investments in high-end routers to enhance network capacity, construction of networks for voice-over-broadband services, integration of network elements and network overhauls.

The top trend for enterprise routers (http://www.strategyr.com/Routers_Market_Report.asp) is the integration of security features, and a major growth driver in the market for high-end enterprise routers is the demand for global communications. The latest enterprise routers include management routing features and Cisco's routers are the world's most popular enterprise routers.

The global router market is likely to expand in the coming years with Internet service providers and telecommunications pitching in the maximum. The trend would be hugely triggered by router purchase increases boosted by the ever-growing bandwidth use by businesses and consumers. The router market is expected to be on a growing spree in the long term, with sales of edge routers likely to increase faster than that of core routers, since service providers build networks capable of delivering advanced, revenue-generating services.

In 2008, North America dominated the revenues in the global market for service provider and enterprise routers followed by Europe and Asia-Pacific. In the US, the basic demand for routers remains strong with unit shipments likely to increase in 2009. The US military is into plans to test an Internet router in space aiming at delivering military communications via a satellite-based router, which might also be beneficial to civilian broadband satellite communications. China is likely to be the largest contributor with regard to router sales and with technological advancements and banking sector growing leaps and bound, the demand for routers is increasing manifold in India.

"Routers: A Global Strategic Business Report" published by Global Industry Analysts, Inc. discusses the prevailing trends, issues, forecasts, and activities that affect the industry. The routers market is analyzed in US$ million by the following geographic regions - North America, Europe, Asia-Pacific (including Japan), and Rest of World; and end-use segments - Service Providers (http://www.strategyr.com/Routers_Market_Report.asp), Enterprises, and Research/Education & Other Applications. Analytics for the period 2001-2015 provide a comprehensive understanding of the market.

Dominant global forces profiled in the report include Cisco Systems, Juniper Networks, Alcatel-Lucent, Huawei Technologies, 3Com Corporation, Redback Networks, among several others. The study enumerates recent developments, mergers, acquisitions, and other strategic industry activities, and is an easy guide to What, Why, When, How, Where, and Who of the industry.

For more details about this research report, please visit http://www.strategyr.com/Routers_Market_Report.asp.

About Global Industry Analysts, Inc.

Global Industry Analysts, Inc., (GIA) (http://www.strategyr.com) is a reputed publisher of off-the-shelf market research. Founded in 1987, the company is globally recognized as one of the world's largest market research publishers. The company employs more than 700 people worldwide and publishes more than 880 full-scale research reports each year. Additionally, the company also offers a range of more than 60,000 smaller research products including company reports, market trend reports and industry reports encompassing all major industries worldwide.

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