
Virtual Router Market by Component (Service, Solution), Type (Custom, Predefined), Vertical, End User - Global Forecast 2024-2030
Description
Virtual Router Market by Component (Service, Solution), Type (Custom, Predefined), Vertical, End User - Global Forecast 2024-2030
The Virtual Router Market size was estimated at USD 280.21 million in 2023 and expected to reach USD 336.62 million in 2024, at a CAGR 20.60% to reach USD 1,040.16 million by 2030.
Global Virtual Router Market
A virtual router is a software-based routing framework that enables the host machine to perform as a hardware router over a local area network (LAN) and a wide area network (WAN). Virtual routers are an abstraction of physical routers and are designed to function in virtualized environments. They can run on commodity hardware & within a virtual machine and are frequently employed in cloud computing and network virtualization infrastructures. Increasing demand for high-speed, wide network coverage and cost-efficient network management solutions fueled the market growth. However, concerns over data security and privacy in virtualized environments limit the adoption of virtual routers. Complexities in integrating virtual routers with existing network infrastructure create potential challenges for market growth. Furthermore, integration with 5G networks to support the expanding bandwidth requirements creates significant opportunities in the market. In addition, an enhanced focus on cybersecurity in network management boosts the adoption of virtual routers.
Regional Insights
In the Americas, particularly in the United States and Canada, there is a strong focus on innovation and investments in network infrastructure. The American market is characterized by high adoption rates of cloud services, IoT, and smart technologies, encouraging a conducive environment for the growth of virtual routers. There is an increased demand for cost-effective and scalable network solutions, which virtual routers can provide. The increasing implementation of 5G networks is anticipated to drive the market further in the American region. In the EU, customers are benefiting from a robust digital infrastructure that supports the expansion of virtual router technology. The presence of numerous multinational companies and technological enterprises drives the need for scalable and reliable network services. GDPR and other regulatory frameworks also demand that virtual router solutions comply with high data protection standards. In the Middle East and Africa, despite the diverse range of economies, there is a noticeable push towards digital transformation. Investments in smart city projects and a burgeoning telecom sector are indicators of a ripe market for virtual routers driven by a need for better and more cost-effective network connectivity. The APAC region, with countries including China, Japan, and India, makes a major contribution to the adoption of virtual routers. The region has seen widespread growth of digital infrastructures with strong government backing for digital initiatives. Trends indicate high growth potential due to the vast adoption of mobile devices and increasing internet penetration.
FPNV Positioning Matrix
The FPNV Positioning Matrix is pivotal in evaluating the Virtual Router Market. It offers a comprehensive assessment of vendors, examining key metrics related to Business Strategy and Product Satisfaction. This in-depth analysis empowers users to make well-informed decisions aligned with their requirements. Based on the evaluation, the vendors are then categorized into four distinct quadrants representing varying levels of success: Forefront (F), Pathfinder (P), Niche (N), or Vital (V).
Market Share Analysis
The Market Share Analysis is a comprehensive tool that provides an insightful and in-depth examination of the current state of vendors in the Virtual Router Market. By meticulously comparing and analyzing vendor contributions in terms of overall revenue, customer base, and other key metrics, we can offer companies a greater understanding of their performance and the challenges they face when competing for market share. Additionally, this analysis provides valuable insights into the competitive nature of the sector, including factors such as accumulation, fragmentation dominance, and amalgamation traits observed over the base year period studied. With this expanded level of detail, vendors can make more informed decisions and devise effective strategies to gain a competitive edge in the market.
Key Company Profiles
The report delves into recent significant developments in the Virtual Router Market, highlighting leading vendors and their innovative profiles. These include 6WIND S.A., ACCESS CO., LTD., Allied Telesis, Inc., Arista Networks, Inc., AT&T, Inc., Broadcom, Inc., Check Point Software Technologies Ltd., Ciena Corporation, Cisco Systems, Inc., Connectify, Inc., CoreSite, DriveNets Ltd., Fujitsu Limited, Huawei Technologies Co., Ltd., Intel Corporation, International Business Machines Corporation, Inventum Technologies Private Limited, Juniper Networks, Inc., netElastic Systems, Inc., Nokia Corporation, Palo Alto Networks, Inc., Patton LLC, Telefonaktiebolaget LM Ericsson, TOKYO Corporation, Verizon Communications Inc., and ZTE Corporation.
Market Segmentation & Coverage
This research report categorizes the Virtual Router Market to forecast the revenues and analyze trends in each of the following sub-markets:
Component
Service
Managed Services
Professional Services
Solution
Integrated Solution
Standalone Solution
Type
Custom
Predefined
Vertical
Aerospace & Defense
Automotive & Transportation
Banking, Financial Services & Insurance
Building, Construction & Real Estate
Consumer Goods & Retail
Education
Energy & Utilities
Government & Public Sector
Healthcare & Life Sciences
Information Technology
Manufacturing
Media & Entertainment
Telecommunication
Travel & Hospitality
End User
Enterprises
Service Providers
Region
Americas
Argentina
Brazil
Canada
Mexico
United States
California
Florida
Illinois
New York
Ohio
Pennsylvania
Texas
Asia-Pacific
Australia
China
India
Indonesia
Japan
Malaysia
Philippines
Singapore
South Korea
Taiwan
Thailand
Vietnam
Europe, Middle East & Africa
Denmark
Egypt
Finland
France
Germany
Israel
Italy
Netherlands
Nigeria
Norway
Poland
Qatar
Russia
Saudi Arabia
South Africa
Spain
Sweden
Switzerland
Turkey
United Arab Emirates
United Kingdom
The report offers valuable insights on the following aspects:
1. Market Penetration: It presents comprehensive information on the market provided by key players.
2. Market Development: It delves deep into lucrative emerging markets and analyzes the penetration across mature market segments.
3. Market Diversification: It provides detailed information on new product launches, untapped geographic regions, recent developments, and investments.
4. Competitive Assessment & Intelligence: It conducts an exhaustive assessment of market shares, strategies, products, certifications, regulatory approvals, patent landscape, and manufacturing capabilities of the leading players.
5. Product Development & Innovation: It offers intelligent insights on future technologies, R&D activities, and breakthrough product developments.
The report addresses key questions such as:
1. What is the market size and forecast of the Virtual Router Market?
2. Which products, segments, applications, and areas should one consider investing in over the forecast period in the Virtual Router Market?
3. What are the technology trends and regulatory frameworks in the Virtual Router Market?
4. What is the market share of the leading vendors in the Virtual Router Market?
5. Which modes and strategic moves are suitable for entering the Virtual Router Market?
Note: PDF & Excel + Online Access - 1 Year
Table of Contents
183 Pages
- 1. Preface
- 1.1. Objectives of the Study
- 1.2. Market Segmentation & Coverage
- 1.3. Years Considered for the Study
- 1.4. Currency & Pricing
- 1.5. Language
- 1.6. Limitations
- 1.7. Assumptions
- 1.8. Stakeholders
- 2. Research Methodology
- 2.1. Define: Research Objective
- 2.2. Determine: Research Design
- 2.3. Prepare: Research Instrument
- 2.4. Collect: Data Source
- 2.5. Analyze: Data Interpretation
- 2.6. Formulate: Data Verification
- 2.7. Publish: Research Report
- 2.8. Repeat: Report Update
- 3. Executive Summary
- 4. Market Overview
- 4.1. Introduction
- 4.2. Virtual Router Market, by Region
- 5. Market Insights
- 5.1. Market Dynamics
- 5.1.1. Drivers
- 5.1.1.1. Rising advancements in virtualization technology and cloud computing
- 5.1.1.2. Increasing demand for high-speed and wide network coverage
- 5.1.1.3. Growing data traffic issues due to the proliferation of mobile devices
- 5.1.2. Restraints
- 5.1.2.1. High cost of development of virtual routers
- 5.1.3. Opportunities
- 5.1.3.1. Growing introduction of technologically advanced virtual routers
- 5.1.3.2. Increasing roll-out of 5G technologies worldwide
- 5.1.4. Challenges
- 5.1.4.1. Growing complexities in integrating virtual routers with existing network infrastructure
- 5.2. Market Segmentation Analysis
- 5.2.1. Component: Growing adoption of services to ensure high efficiency and minimal downtime
- 5.2.2. Type: Expanding the significance of custom virtual router that offer a high degree of flexibility
- 5.2.3. Vertical: Emerging potential of virtual routers across the automotive & transportation industry that enable vehicle-to-infrastructure communication and support telematics
- 5.2.4. End User: Increasing application of virtual routers across enterprises to ensure data protection and compliance with industry regulations
- 5.3. Market Trend Analysis
- 5.4. Cumulative Impact of High Inflation
- 5.5. Porter’s Five Forces Analysis
- 5.5.1. Threat of New Entrants
- 5.5.2. Threat of Substitutes
- 5.5.3. Bargaining Power of Customers
- 5.5.4. Bargaining Power of Suppliers
- 5.5.5. Industry Rivalry
- 5.6. Value Chain & Critical Path Analysis
- 5.7. Regulatory Framework
- 6. Virtual Router Market, by Component
- 6.1. Introduction
- 6.2. Service
- 6.3.1. Managed Services
- 6.3.2. Professional Services
- 6.3. Solution
- 6.4.1. Integrated Solution
- 6.4.2. Standalone Solution
- 7. Virtual Router Market, by Type
- 7.1. Introduction
- 7.2. Custom
- 7.3. Predefined
- 8. Virtual Router Market, by Vertical
- 8.1. Introduction
- 8.2. Aerospace & Defense
- 8.3. Automotive & Transportation
- 8.4. Banking, Financial Services & Insurance
- 8.5. Building, Construction & Real Estate
- 8.6. Consumer Goods & Retail
- 8.7. Education
- 8.8. Energy & Utilities
- 8.9. Government & Public Sector
- 8.10. Healthcare & Life Sciences
- 8.11. Information Technology
- 8.12. Manufacturing
- 8.13. Media & Entertainment
- 8.14. Telecommunication
- 8.15. Travel & Hospitality
- 9. Virtual Router Market, by End User
- 9.1. Introduction
- 9.2. Enterprises
- 9.3. Service Providers
- 10. Americas Virtual Router Market
- 10.1. Introduction
- 10.2. Argentina
- 10.3. Brazil
- 10.4. Canada
- 10.5. Mexico
- 10.6. United States
- 11. Asia-Pacific Virtual Router Market
- 11.1. Introduction
- 11.2. Australia
- 11.3. China
- 11.4. India
- 11.5. Indonesia
- 11.6. Japan
- 11.7. Malaysia
- 11.8. Philippines
- 11.9. Singapore
- 11.10. South Korea
- 11.11. Taiwan
- 11.12. Thailand
- 11.13. Vietnam
- 12. Europe, Middle East & Africa Virtual Router Market
- 12.1. Introduction
- 12.2. Denmark
- 12.3. Egypt
- 12.4. Finland
- 12.5. France
- 12.6. Germany
- 12.7. Israel
- 12.8. Italy
- 12.9. Netherlands
- 12.10. Nigeria
- 12.11. Norway
- 12.12. Poland
- 12.13. Qatar
- 12.14. Russia
- 12.15. Saudi Arabia
- 12.16. South Africa
- 12.17. Spain
- 12.18. Sweden
- 12.19. Switzerland
- 12.20. Turkey
- 12.21. United Arab Emirates
- 12.22. United Kingdom
- 13. Competitive Landscape
- 13.1. FPNV Positioning Matrix
- 13.2. Market Share Analysis, By Key Player
- 13.3. Competitive Scenario Analysis, By Key Player
- 13.3.1. New Product Launch & Enhancement
- 13.3.1.1. Arista Modernizes Routing in the Wide Area Network
- 13.3.1.2. AT TOKYO and UNIADEX Collaborate to Launch ATBeX NFV Service in November 2022 Providing SD-WAN, Router, and Firewall Functions on a Virtual Appliance
- 13.3.2. Investment & Funding
- 13.3.2.1. Arrcus bags USD 65 million in funding for virtualized routing and switching infrastructure
- 14. Competitive Portfolio
- 14.1. Key Company Profiles
- 14.1.1. 6WIND S.A.
- 14.1.2. ACCESS CO., LTD.
- 14.1.3. Allied Telesis, Inc.
- 14.1.4. Arista Networks, Inc.
- 14.1.5. AT&T, Inc.
- 14.1.6. Broadcom, Inc.
- 14.1.7. Check Point Software Technologies Ltd.
- 14.1.8. Ciena Corporation
- 14.1.9. Cisco Systems, Inc.
- 14.1.10. Connectify, Inc.
- 14.1.11. CoreSite
- 14.1.12. DriveNets Ltd.
- 14.1.13. Fujitsu Limited
- 14.1.14. Huawei Technologies Co., Ltd.
- 14.1.15. Intel Corporation
- 14.1.16. International Business Machines Corporation
- 14.1.17. Inventum Technologies Private Limited
- 14.1.18. Juniper Networks, Inc.
- 14.1.19. netElastic Systems, Inc.
- 14.1.20. Nokia Corporation
- 14.1.21. Palo Alto Networks, Inc.
- 14.1.22. Patton LLC
- 14.1.23. Telefonaktiebolaget LM Ericsson
- 14.1.24. TOKYO Corporation
- 14.1.25. Verizon Communications Inc.
- 14.1.26. ZTE Corporation
- 14.2. Key Product Portfolio
- 15. Appendix
- 15.1. Discussion Guide
- 15.2. License & Pricing
- FIGURE 1. VIRTUAL ROUTER MARKET RESEARCH PROCESS
- FIGURE 2. VIRTUAL ROUTER MARKET SIZE, 2023 VS 2030
- FIGURE 3. VIRTUAL ROUTER MARKET SIZE, 2018-2030 (USD MILLION)
- FIGURE 4. VIRTUAL ROUTER MARKET SIZE, BY REGION, 2023 VS 2030 (%)
- FIGURE 5. VIRTUAL ROUTER MARKET SIZE, BY REGION, 2023 VS 2024 VS 2030 (USD MILLION)
- FIGURE 6. VIRTUAL ROUTER MARKET DYNAMICS
- FIGURE 7. VIRTUAL ROUTER MARKET SIZE, BY COMPONENT, 2023 VS 2030 (%)
- FIGURE 8. VIRTUAL ROUTER MARKET SIZE, BY COMPONENT, 2023 VS 2024 VS 2030 (USD MILLION)
- FIGURE 9. VIRTUAL ROUTER MARKET SIZE, BY TYPE, 2023 VS 2030 (%)
- FIGURE 10. VIRTUAL ROUTER MARKET SIZE, BY TYPE, 2023 VS 2024 VS 2030 (USD MILLION)
- FIGURE 11. VIRTUAL ROUTER MARKET SIZE, BY VERTICAL, 2023 VS 2030 (%)
- FIGURE 12. VIRTUAL ROUTER MARKET SIZE, BY VERTICAL, 2023 VS 2024 VS 2030 (USD MILLION)
- FIGURE 13. VIRTUAL ROUTER MARKET SIZE, BY END USER, 2023 VS 2030 (%)
- FIGURE 14. VIRTUAL ROUTER MARKET SIZE, BY END USER, 2023 VS 2024 VS 2030 (USD MILLION)
- FIGURE 15. AMERICAS VIRTUAL ROUTER MARKET SIZE, BY COUNTRY, 2023 VS 2030 (%)
- FIGURE 16. AMERICAS VIRTUAL ROUTER MARKET SIZE, BY COUNTRY, 2023 VS 2024 VS 2030 (USD MILLION)
- FIGURE 17. UNITED STATES VIRTUAL ROUTER MARKET SIZE, BY STATE, 2023 VS 2030 (%)
- FIGURE 18. UNITED STATES VIRTUAL ROUTER MARKET SIZE, BY STATE, 2023 VS 2024 VS 2030 (USD MILLION)
- FIGURE 19. ASIA-PACIFIC VIRTUAL ROUTER MARKET SIZE, BY COUNTRY, 2023 VS 2030 (%)
- FIGURE 20. ASIA-PACIFIC VIRTUAL ROUTER MARKET SIZE, BY COUNTRY, 2023 VS 2024 VS 2030 (USD MILLION)
- FIGURE 21. EUROPE, MIDDLE EAST & AFRICA VIRTUAL ROUTER MARKET SIZE, BY COUNTRY, 2023 VS 2030 (%)
- FIGURE 22. EUROPE, MIDDLE EAST & AFRICA VIRTUAL ROUTER MARKET SIZE, BY COUNTRY, 2023 VS 2024 VS 2030 (USD MILLION)
- FIGURE 23. VIRTUAL ROUTER MARKET, FPNV POSITIONING MATRIX, 2023
- FIGURE 24. VIRTUAL ROUTER MARKET SHARE, BY KEY PLAYER, 2023
Pricing
Currency Rates
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