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Virtual Router Market to Reach USD 595.8 Million by 2026 at a CAGR of 20.7% by 2026 | Valuates ReportsBANGALORE, India, July 22, 2021 /PRNewswire/ -- The Global Virtual Router Market is Segmented by Type (Software and Solutions, Services), by Application (Service Providers, Enterprises). The report covers global opportunity analysis and industry forecasts from 2021 to 2027. This report is published on Valuates Reports under Network Monitoring & Management Category. A virtual router, also known as a vRouter, is a software function that simulates the capability of a hardware-based Layer 3 Internet Protocol (IP) routing system, which traditionally required a specific hardware device. Virtual routing frees IP routing functions from specific hardware, allowing them to roam across a network or data centre more easily. In a basic software routing function, routing software is installed on a commodity server, which turns it into a router. Pieces of routing software can be transferred around entire networks in a more sophisticated distributed routing system, while being governed by a centralised control plane. The global Virtual Router market size is projected to reach USD 595.8 Million by 2026, from USD 159.5 Million in 2019, at a CAGR of 20.7% during 2021-2026. Major factors driving the growth of the virtual router market are:
View Full Report: https://reports.valuates.com/market-reports/QYRE-Auto-37I3357/global-virtual-router TRENDS INFLUENCING THE GROWTH OF VIRTUAL ROUTER MARKET Service providers are increasingly moving from expensive, dedicated hardware devices to virtualized solutions that are cost-efficient and scalable. With the virtual Router's greater feature, time to market for new services is shortened, resulting in increased carrier revenue and customer satisfaction. By introducing virtual routers, internet and cloud service providers can focus on lowering the cost of massive hardware containers and deploy them on an as-pay-as-you-grow basis. As a result, virtual routers can aid in a significant decrease in CAPEX and OPEX. Thus the cost-efficient nature of virtual routers is expected to drive the growth of the virtual router market. Furthermore, the ability of the virtual router to easily move routing functions around a network or data center is expected to propel its market growth. Virtual routing frees IP routing functions from specific hardware, allowing them to roam across a network or data center more easily. In a basic software routing function, routing software is installed on a commodity server, which turns it into a router. In a more advanced distributed routing environment, routing software components can be transported across entire networks and governed by a centralized control plane. Get Free Sample: https://reports.valuates.com/request/sample/QYRE-Auto-37I3357/Global_Virtual_Router_Market VIRTUAL ROUTER MARKET SHARE ANALYSIS Based on type, the software solutions segment is dominating the market in 2019. The growing need for custom features to improve performance efficiencies, as wel as the requirement to provide technical support and consulting services to add value to client interactions, is driving the virtual router market Based on application the Service Providers segment is dominating the market in 2019. Virtual routers assist service providers in increasing network agility and providing scalable and flexible routing capabilities while lowering CAPEX and OPEX. Based on region, the USA market holds the largest virtual router market share of about 56% in 2019. Inquire for Regional Data: https://reports.valuates.com/request/regional/QYRE-Auto-37I3357/Global_Virtual_Router_Market VIRTUAL ROUTER MARKET SEGMENTATION Segment by Type
Segment by Application
By Region
Key Companies
Buy Now for Single User: https://reports.valuates.com/api/directpaytoken?rcode=QYRE-Auto-37I3357&lic=single-user Buy Now for Enterprise User: https://reports.valuates.com/api/directpaytoken?rcode=QYRE-Auto-37I3357&lic=enterprise-user SUBSCRIPTION We have introduced a tailor-made subscription for our customers. Please leave a note in the Comment Section to know about our subscription plans. SIMILAR REPORTS - Mobile Hotspot Router market size is projected to reach USD 5419 Million by 2027, from USD 2178.7 Million in 2020, at a CAGR of 16.4% during 2021-2027. - VPN Routers Market is segmented by Type Wireless VPN Routers, Wired VPN Routers, by Application Personal Use, Commercial Use and by various regions. - 5G Industrial Router Market is segmented by Type Gigabit Ethernet, IPv6 Compatible, by Application Military, Agriculture, Forestry and by various regions. - Wireless Router market size is projected to reach USD 4640.9 Million by 2027, from USD 2761.2 Million in 2020, at a CAGR of 7.7% during 2021-2027. - Premium Wireless Routers market size was USD 4416.2 Million and it is expected to reach USD 6553.1 Million by the end of 2027, with a CAGR of 5.8% during 2021-2027. China is the largest market, accounting for about 30%, followed by North America with about 25%. TP-Link, D-Link, Tenda, Xiaomi and Mercury are major manufacturers of premium wireless routers. TP-Link is the largest one in the world, accounting for about 40% of the total market, with the top 3 accounting for about 55%. - IoT Routers Market is segmented by Type 4G/LTE Connectivity, 5G Connectivity, by Application Industrial Automation, Medical, Transportation, ATM, Smart Grid and by various regions. - Wireless Router for VPN Market is segmented by Type Below 30 Terminals Application, 30-50 Terminals Application, 51-100 Terminals Application, 101-150 Terminals Application, 151-200 Terminals Application, by Application Personal Use, Commercial Use and by various regions. - The Copy Routers Market is segmented by Type 1-Spindle Copy Routers, 2-Spindle Copy Routers, 3-Spindle Copy Routers, by Application PVC Profiles, Aluminum Profiles and by various regions. - The Mobile Wi-Fi Routers Market is segmented by Type Multi-WAN, 3G Wireless, Application Passenger Vehicle, Light Commercial Vehicle, Heavy Commercial Vehicle and by various regions. - Switched Virtual Interface Market Click here to more reports on Vrouter market ABOUT US Valuates offers in-depth market insights into various industries. Our extensive report repository is constantly updated to meet your changing industry analysis needs. Our team of market analysts can help you select the best report covering your industry. We understand your niche region-specific requirements and that's why we offer customization of reports. With our customization in place, you can request for any particular information from a report that meets your market analysis needs. To achieve a consistent view of the market, data is gathered from various primary and secondary sources, at each step, data triangulation methodologies are applied to reduce deviance and find a consistent view of the market. Each sample we share contains detail research methodology employed to generate the report, Please also reach to our sales team to get the complete list of our data sources CONTACT US Valuates Reports View original content:https://www.prnewswire.com/news-releases/virtual-router-market-to-reach-usd-595-8-million-by-2026-at-a-cagr-of-20-7-by-2026--valuates-reports-301339352.html SOURCE Valuates Reports |