"Smart Strategies, Giving Speed to your Growth Trajectory"
According to a report published by AT&T Intellectual Property I, L.P., in 2019, the company has invested around US$ 23 Bn for the development and deployment of 5G technology globally. Rising investment for the expansion of 5G infrastructure is expected to drive the growth of the virtual router market in the forecast period. A virtual router is a software-based routing structure that allows the host device to operate as a typical hardware router over a local area network.
The virtual router shares an internet connection with the Wi-Fi device by allowing network paths to segmented for multiple devices. The system helps to segregate traffic and increases network security by eliminating the need for encryption and authentication. Virtual routers provide functions such as traffic routing, network functions virtualization (NFV), overlapping of IP addresses, and enable the solution to function as a general hardware-based network appliance. A virtual route deployed in various applications such as virtual broadband services, virtual route reflection, and virtual cloud gateways. A recent development in virtual routers includes the implementation of Redundancy Protocol (VRRP) and security software in a virtual router to separate traffic and increased network security by removing the requirement for encryption and verification.
To gain extensive insights into the market, Request for Customization
The rise distributed cloud technology and SD-WAN services, increasing adoption of 4G and the increasing spending for the development of 5G infrastructure is expected to have a positive impact on the growth of the market in the forecasted period. Furthermore, key companies in this market are focusing on mergers and acquisition strategy to increase their market share and drive the growth of the virtual router over the globe. For example, in 2016, Cisco acquired Piston Cloud Computing with an aim to strengthen its virtual router market share, by deploying efficient operational in large scale distributed systems over the globe. This acquisition would offer users to automate instrumentation and deployment of a distributed 5G network for running applications on the virtual router.
Some of the key players in virtual routers market include: IBM, Nokia Corporation, Cisco Systems, Inc., Brocade Communication Systems Inc., Huawei Technologies Co., Ltd., Juniper Networks, Inc., Net gear Inc., ASUSTeK Computer Inc., Edimax Technology Co., Ltd., Belkin International, Inc., Xiaomi Corporation, and D-Link Corporation.
· Integration & Implementation
· Maintenance & Operations
By End User
· Telecom Providers
· Cloud Providers
· North America (the USA and Canada)
· Europe (UK, Germany, France, Italy, Spain, Scandinavia and Rest of Europe)
· Asia Pacific (Japan, China, India, Australia, Southeast Asia and Rest of Asia Pacific)
· Latin America (Brazil, Mexico and Rest of Latin America)
· Middle East & Africa (South Africa, GCC and Rest of the Middle East & Africa)
Globally, North America is expected to lead the virtual router market. This growth is due to the significant adoption of software-defined network (SDN) and network functions virtualization (NFV) solutions. The aggressive investment in developed countries such as the US and Canada for the development of 5G infrastructure and the reduction of CAPEX & OPEX is also expected to drive market growth. Furthermore, supportive government regulations and policies in the region for the growth of digital and smart infrastructures are expected to propel the market growth.
Key Industry Developments
In 2018, D-Link India Limited launched D-Link AC2600, which uses a service called the ‘McAfee Secure Home Platform’ to scan for the malware. The solution would provide the company parental controls and would help them keep their user from unconsciously visiting phishing websites. As a result of the rising demand for network security solutions in the router market, more companies are developing and deploying routers with the anti-malware tools to protect the users from several security breaches.
“We are happy with the professionalism of your in-house research team as well as the quality of your research reports. Looking forward to work together on similar projects”- One of the Leading Food Companies in Germany
“We appreciate the teamwork and efficiency for such an exhaustive and comprehensive report. The data offered to us was exactly what we were looking for. Thank you!”- Intuitive Surgical
“I recommend Fortune Business Insights for their honesty and flexibility. Not only that they were very responsive and dealt with all my questions very quickly but they also responded honestly and flexibly to the detailed requests from us in preparing the research report. We value them as a research company worthy of building long-term relationships.”- Major Food Company in Japan
“Well done Fortune Business Insights! The report covered all the points and was very detailed. Looking forward to work together in the future”- Ziering Medical
“It has been a delightful experience working with you guys. Thank you Fortune Business Insights for your efforts and prompt response”- Major Manufacturer of Precision Machine Parts in India
“I had a great experience working with Fortune Business Insights. The report was very accurate and as per my requirements. Very satisfied with the overall report as it has helped me to build strategies for my business”- Hewlett-Packard
“This is regarding the recent report I bought from Fortune Business insights. Remarkable job and great efforts by your research team. I would also like to thank the back end team for offering a continuous support and stitching together a report that is so comprehensive and exhaustive”- Global Management Consulting Firm
“Please pass on our sincere thanks to the whole team at Fortune Business Insights. This is a very good piece of work and will be very helpful to us going forward. We know where we will be getting business intelligence from in the future.”- UK-based Start-up in the Medical Devices Sector
“Thank you for sending the market report and data. It looks quite comprehensive and the data is exactly what I was looking for. I appreciate the timeliness and responsiveness of you and your team.”- One of the Largest Companies in the Defence Industry