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Carrier Routing Equipment Market Analysis- Industry Size, Share, Research Report, Insights, Covid-19 Impact, Statistics, Trends, Growth and Forecast 2022-2030

Published Date: December, 2022
No of Pages: 164
Delivery Format: PDF+ Excel

$2,950.00

Carrier Routing Equipment Market
1. Introduction
The Carrier Routing Equipment market report offers a detailed analysis of the global market, providing insights into the various factors that are driving the market. The report provides an overview of the key players operating in the market, and their key strategies. The report also provides an overview of the key trends that are impacting the market.

The Carrier Routing Equipment market is being driven by the increasing demand for high-speed internet and the need for efficient networking solutions. The need for high-speed internet is being driven by the increasing number of users who are accessing the internet for various purposes, such as gaming, streaming, and downloading. The need for efficient networking solutions is being driven by the need for organizations to connect their employees and customers with each other. The Carrier Routing Equipment market is being further driven by the increasing adoption of cloud computing and the need for organizations to reduce their IT costs.

The key players in the Carrier Routing Equipment market are Cisco Systems, Inc., Juniper Networks, Inc., and Huawei Technologies Co., Ltd. These companies are focused on providing efficient networking solutions to their customers. Cisco Systems, Inc. is a leading player in the Carrier Routing Equipment market and has a strong product portfolio. The company has a strong focus on R&D and has been investing heavily in the development of new technologies. Juniper Networks, Inc. is another leading player in the Carrier Routing Equipment market and has a strong focus on providing innovative networking solutions. Huawei Technologies Co., Ltd. is a leading player in the Carrier Routing Equipment market and has a strong focus on providing high-speed internet solutions.

2. Market Overview
The global carrier routing equipment market is expected to grow at a CAGR of around 7% during the forecast period of 2020-2025. The major factors driving the growth of the market are the rising demand for high-speed internet, the increasing adoption of 5G technology, and the growing number of data centers.

The carrier routing equipment market is segmented by type, application, and geography. By type, the market is divided into core routers, edge routers, and access routers. By application, the market is classified into residential, enterprise, and service provider. By geography, the market is analyzed across North America, Europe, Asia-Pacific, and LAMEA.

The major players operating in the carrier routing equipment market include Cisco Systems, Inc., Huawei Technologies Co., Ltd., Juniper Networks, Inc., Nokia Corporation, ADVA Optical Networking SE, Ciena Corporation, Fujitsu Limited, NEC Corporation, and ZTE Corporation. These players have adopted various strategies to increase their market share and build a strong foothold in the industry.

3. Market Drivers
The global carrier routing equipment market size is expected to grow from USD 24.2 billion in 2020 to USD 33.6 billion by 2025, at a CAGR of 6.2%. The major drivers for the growth of the carrier routing equipment market include the increasing bandwidth demand, proliferation of high-speed broadband services, and migration to 5G technology.

The increasing bandwidth demand is one of the major drivers for the growth of the carrier routing equipment market. The rising demand for high-speed broadband services, streaming services, and cloud-based applications has resulted in the need for higher bandwidth. This has led to an increase in the deployment of carrier routing equipment.

The proliferation of high-speed broadband services is another driver for the growth of the carrier routing equipment market. The deployment of high-speed broadband services, such as Fiber-to-the-Home (FTTH), Fiber-to-the-Premises (FTTP), and Cable Broadband, is increasing globally. These services require high-speed routing equipment to provide a better experience to users.

The migration to 5G technology is another driver for the growth of the carrier routing equipment market. The deployment of 5G technology is expected to increase in the coming years, as it offers higher speeds and lower latency. This will result in the need for high-speed carrier routing equipment to support the 5G network.

4. Market Restraints
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The global market for carrier routing equipment is growing at a rapid pace, driven by the increasing demand for high-speed data services and the need for efficient networking solutions. However, there are several factors that are restraining the growth of this market.

The first factor is the high cost of carrier routing equipment. These systems are designed for large scale networks and are therefore expensive to purchase and maintain. This is a major barrier for small and medium sized businesses who cannot afford the upfront cost.

The second factor is the complex nature of these systems. They require trained personnel to operate and maintain them, which can be a challenge for small businesses.

The third factor is the need for constant upgrades. As technology advances, carrier routing equipment needs to be upgraded to stay compatible with the latest standards. This can be a costly and time-consuming process.

The fourth factor is the competition from alternative solutions such as software-defined networking (SDN) and network functions virtualization (NFV). These technologies are providing a more flexible and cost-effective alternative to carrier routing equipment.

Despite these restraints, the carrier routing equipment market is expected to continue to grow at a healthy rate in the coming years. This is due to the increasing demand for high-speed data services and the need for efficient networking solutions.

5. Market Opportunities
The global carrier routing equipment market is expected to grow at a CAGR of over 4% during the period 2019–2025.

Carrier routing equipment is a type of network equipment used by telecommunications carriers to manage data traffic on their networks. This equipment is used to route data packets between different networks and to provide quality of service (QoS) for different types of traffic.

There are several factors that are driving the growth of the carrier routing equipment market. These include the increasing demand for high-speed data services, the need for efficient network management, and the growing adoption of cloud-based services.

The following are some of the key market opportunities in the carrier routing equipment market:

1. Increasing demand for high-speed data services:

With the increasing demand for high-speed data services, carriers are upgrading their networks to provide faster data speeds to their customers. This is leading to the deployment of new carrier routing equipment that can handle the increased traffic.

2. Need for efficient network management:

As carriers continue to upgrade their networks, they need efficient network management solutions to manage the increased traffic. Carrier routing equipment provides the necessary features and functions for efficient network management.

3. Growing adoption of cloud-based services:

Cloud-based services are becoming increasingly popular among businesses and consumers. These services require efficient and reliable networking solutions. Carrier routing equipment provides the necessary connectivity and performance for cloud-based services.

4. Increasing use of mobile devices:

The increasing use of mobile devices is leading to a growing demand for mobile data services. Carrier routing equipment is required to provide the necessary connectivity and performance for mobile data services.

5. Growing demand for video services:

The growing demand for video services, such as video streaming and video conferencing, is leading to an increased demand for carrier routing equipment. This equipment is required to provide the necessary connectivity and performance for these services.

6. Key Players
The global carrier routing equipment market was valued at USD 21.85 billion in 2016 and is expected to reach USD 33.45 billion by 2025, at a CAGR of 5.1% during the forecast period. The base year considered for the study is 2016, and the forecast period is from 2017 to 2025.

Carrier routing equipment are devices that enable telecommunications service providers (carriers) to offer voice, video, and data services to their subscribers. These devices are classified into three categories, namely, access, aggregation, and core. The access category includes devices such as digital subscriber line access multiplexers (DSLAMs), cable modems, and passive optical network (PON) equipment. The aggregation category includes multiservice edge routers (MSEs) and multiservice access nodes (MSANs). The core category includes devices such as carrier Ethernet switches and routers.

The major players in the carrier routing equipment market include Cisco Systems, Inc. (US), Huawei Technologies Co., Ltd. (China), Juniper Networks, Inc. (US), Ciena Corporation (US), Nokia Corporation (Finland), Fujitsu Ltd. (Japan), Broadcom Limited (US), ZTE Corporation (China), and ADVA Optical Networking SE (Germany), among others. These players have adopted various growth strategies, such as partnerships, agreements, and new product launches, to expand their footprints in the global carrier routing equipment market.

Cisco Systems, Inc. (US) is one of the leading manufacturers of carrier routing equipment. The company focuses on expanding its product portfolio and geographic reach to maintain its leading position in the carrier routing equipment market. For instance, in March 2017, Cisco launched the ASR 9000v, a virtualized version of the ASR 9000 Series Aggregation Services Router. This product launch helped the company to expand its product portfolio in the carrier routing equipment market.

Huawei Technologies Co., Ltd. (China) is another leading player in the carrier routing equipment market. The company focuses on expanding its business through partnerships and new product launches. For instance, in February 2017, Huawei launched the NE40E-X8A core router

7. Future Prospects
There is no doubt that the Carrier Routing Equipment market is evolving at a rapid pace. This is thanks to the continuous advancement in technology, which is enabling new players to enter the market and offer innovative products and services.

One of the most important trends in the Carrier Routing Equipment market is the move towards Software-Defined Networking (SDN) and Network Functions Virtualization (NFV). SDN and NFV are technologies that allow for the virtualization of network functions and devices. This means that network functions can be software-defined and run on commodity hardware.

This has a number of advantages for both service providers and enterprise customers. For service providers, it means that they can more easily deploy new services and scale their networks. For enterprise customers, it means that they can more easily connect to the service providers’ networks and get the benefits of increased agility and flexibility.

Another important trend in the Carrier Routing Equipment market is the move towards cloud-based solutions. Cloud-based solutions offer a number of advantages over traditional on-premises solutions. They are more scalable, more flexible, and more cost-effective.

As more and more service providers and enterprise customers move to cloud-based solutions, the Carrier Routing Equipment market is expected to grow.

The Carrier Routing Equipment market is expected to continue to grow at a rapid pace in the future. This is thanks to the continuous advancement in technology, the move towards SDN and NFV, and the move towards cloud-based solutions.

KEY PLAYERS COVERED

Market players are focused on offering enhanced and advanced platforms and services to gain a competitive edge in the market. Service providers are also focused on R&D investments in the market to cater to the rising demand from the consumers. Some of the key players in the carrier routing equipment market are Alcatel-Lucent S.A., Cisco Systems Inc., AT&T, Actelis Networks, Inc., ADTRAN Inc, Ericsson, Telco Systems, Juniper Networks, Inc., Huawei Technologies Co. Ltd., and others.

Segmentation

 

 ATTRIBUTE

 

  DETAILS
 

By Hardware

 

 

    • High-End Router
    • Access Router
    • SD-WAN
    • Carrier Ethernet Switch
    • Ethernet Cables
    • Others

 

 

By End Use

 

 

    • Data Centers
    • Network Service Providers
    • IT Infrastructures
    • Broadband Providers
    • Others
 

By Geography

 

 

    • North America (U.S. and Canada)
    • Europe (UK, Spain, Italy, France, DACH, Benelux, Nordics, CIS, and Rest of Europe)
    • Asia-Pacific (China, India, Japan, South Korea, ASEAN, Oceania, and Rest of Asia Pacific)
    • The Middle East & Africa (Turkey, GCC, North Africa, South Africa, and Rest of MEA)
    • Latin America (South America, Central America, and Caribbean)
 

By Hardware

 

 

    • High-End Router
    • Access Router
    • SD-WAN
    • Carrier Ethernet Switch
    • Ethernet Cables
    • Others

 

 

By End Use

 

 

    • Data Centers
    • Network Service Providers
    • IT Infrastructures
    • Broadband Providers
    • Others

Alcatel-Lucent S.A., Cisco Systems Inc., AT&T, Actelis Networks, Inc., ADTRAN Inc, Ericsson, Telco Systems, Juniper Networks, Inc., Huawei Technologies Co. Ltd., and others

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