The Business Research Company’s report goes into great detail on the routing market size and growth, routing market regional analysis, routing market competitive landscape, and other critical information needed to excel in the routing industry.

Major players in the routing market include Cisco, Huawei Technologies Co., Ltd., Juniper Networks, Inc., Hewlett Packard Enterprise Development LP, Arista Networks, Inc., ASUSTeK Computer Inc., NETGEAR, Nokia, Xiaomi, Acelink Technology Co., Ltd., ADTRAN, Allied Telesis, Inc., Belkin International, Inc., D-Link Corporation, Sierra Wireless, and TP-Link Corporation Limited

TBRC’s comprehensive market report based on extensive research will assist you in seamlessly devising your approaches in order to match key market player strategies.

The global routing market size is expected to grow from $18.45 billion in 2021 to $19.27 billion in 2022 at a compound annual growth rate (CAGR) of 4.45%. The global routing market size is expected to grow to $26.52 billion in 2026 at a CAGR of 8.32%.

Asia Pacific was the largest region in the routing market in 2021.

The routing market consists of sales of routing products and related services by entities (organizations, sole traders, and partnerships) that refer to wired or wireless network services performed by network layer devices. The routing process refers to the selection of a path for traffic in a network or across multiple networks. The routing is applied to networks such as circuit-switched networks, public switched telephone networks (PSTN), computer networks, internet, IP address, and others. The routing algorithm, metric and costs initialize and maintain the routing table for the process of path determination.

The increasing demand for internet-based devices is significantly driving the growth of the routing market.

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Technological advancements in routing are a key trend that is gaining popularity in the routing market. Major companies operating in the routing market are focused on providing technologically-advanced solutions to meet their end-customer demands and strengthen their market position. These companies are implementing next-generation routing technologies and models into their services, such as load carrying and delivery routing, data-centric routing, optimized link-state routing, dynamic source routing, and others.

TBRC’s global routing market report is segmented:
By Type: Wired, Wireless

By Placement: Edge, Core, Virtual

By Application: Datacenter, Enterprise

By Vertical: BFSI, Healthcare, Education, Residential, Media and Entertainment

By Geography: North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa.

The Routing Global Market Report 2022 is one of a series of new reports from The Business Research Company that provides an overview of the routing market globally and regionally, analyzes and forecasts market size, share, routing market players, routing market segments, leading competitor revenues, profiles and market shares.

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