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Worldwide Carrier Routing Equipment Forecast, 2023–2027: SP Routing Will Grow at a Healthy Pace After Returning to Normalcy in 2022

Publisher IDC
Published Jun 14, 2023
Length 8 Pages
SKU # IDC18012903

Description

Worldwide Carrier Routing Equipment Forecast, 2023–2027: SP Routing Will Grow at a Healthy Pace After Returning to Normalcy in 2022


This IDC study presents the worldwide market forecast for carrier routing network equipment for 2023–2027. Carrier routing network equipment sales to carrier SPs are forecast to grow from $12.4 billion in 2022 to $14.7 billion by the end of 2027, at a CAGR of 3.5%."Communications service providers worldwide continue to upgrade their network to add capacity and support new and emerging applications. The overall carrier IP routing market saw a steady YoY growth of 1.3% in 2022 because of service providers' increased deployment of 400Gbps technology. North American service providers ramped up their investment in the infrastructure to support growing demand for bandwidth and surpassed all other regions in the router investment," says Ajeet Das, research director, Carrier Network Infrastructure at IDC.

Please Note: Extended description available upon request.

Table of Contents

8 Pages
IDC Market Forecast Figure
Executive Summary
Advice for Technology Suppliers
Market Forecast
Market Context
Drivers and Inhibitors
Drivers
LTE/5G Mobile Network Buildouts
Converged IP Networks
Cloud-Based Services and Applications
Inhibitors
Growth of Disaggregated Routers
Significant Market Developments
Changes from Prior Forecast
Market Definition
Methodology
Related Research

Pricing

Currency Rates
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