About Commercial Routers
A router is a networking device that performs the tasks of routing and forwarding information. It connects two or more logical subnets to the physical interfaces of the router. The growing Internet bandwidth has driven the increase in the number of mobile computing devices such as tablets, smartphones, and wearables with new capabilities along with the emergence of disruptive technologies that shift bandwidth use by altering the access network of users.
Technavio’s analysts forecast the global commercial router market to grow at a CAGR of 6.65% during the period 2017-2021.
Covered in this report
The report covers the present scenario and the growth prospects of the global commercial router market for 2017-2021. To calculate the market size, the report considers the revenue generated from the sales commercial routers.
The market is divided into the following segments based on geography:
Technavio Announces the Publication of its Research Report – Global Commercial Router Market 2017-2021
Technavio recognizes the following companies as the key players in the global commercial router market: Brocade Communication Systems, Cisco, HPE, and Huawei Technologies
Other Prominent Vendors in the market are: ADTRAN, Aerohive, Alcatel-Lucent Enterprise (Nokia), ASUSTeK Computer, Avaya, Belkin International (Linksys), Buffalo Technology, D-Link, DrayTek, Juniper Networks, MikroTik, NETGEAR, OneAccess Networks, TP-Link Technologies, and ZTE
Commenting on the report, an analyst from Technavio’s team said: “Retail is a highly competitive industry. Therefore, it is vital to provide the best customer experience in a cost-effective manner. Wirelessly connected solutions such as point of sale (POS) systems, vending machines, radio frequency identification (RFID) systems, and kiosks help in improving shopping experience of customers by reducing costs, automating manual processes, and expanding product portfolios into new markets. POS systems allow enterprise staff to provide a better customer experience by enabling flexible payment process and enhancing queue management. In 2015, the adoption of POS systems in the retail sector reached approximately 25 million units worldwide.”
According to the report, with the constantly evolving business environment, it is essential for organizations to develop a mobile workforce to stay competitive. Continuous changes in time zone barriers, work locations, and the requirement to access official and confidential data via an employee’s personal device are leading to the adoption of bring your own device (BYOD) policy. Implementation of BYOD results in the elimination of hardware device costs.
Further, the report states that vendors are continuously developing new products that are compatible with updated network standards at competitive prices. Vendors are facing the challenge to reduce the TCO of network infrastructure for their customers. The deployment of new wireless technologies requires technically skilled development and engineering personnel that can adapt to technological changes in the market. If professional expertise does not exist, organizations will have to invest heavily in training people. As the number of people with expertise in new technologies is limited, the cost of hiring them is high. This adds to an organization's TCO.
Brocade Communication Systems, Cisco, HPE, Huawei Technologies, ADTRAN, Aerohive, Alcatel-Lucent Enterprise (Nokia), ASUSTeK Computer, Avaya, Belkin International (Linksys), Buffalo Technology, D-Link, DrayTek, Juniper Networks, MikroTik, NETGEAR, OneAccess Networks, TP-Link Technologies, ZTE.