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The Routing Market Size was valued at USD 15.4 billion in 2023, and is expected to reach USD 30.8 billion by 2031, and grow at a CAGR of 9 % over the forecast period 2024-2031.
The Routing market is experiencing significant growth fuelled by a surge in internet traffic, cloud adoption, and the proliferation of connected devices. Data consumption is expected to skyrocket, driven by video streaming, social media, and cloud services.
This necessitates efficient routing solutions to manage network congestion. The rise of cloud computing and SD-WAN (Software-Defined WAN (SD-WAN)) present exciting opportunities. SD-WAN offers a centralized and dynamic approach to managing geographically dispersed networks, creating a $45.1 billion market by 2026. With the increasing complexity of networks, the demand for innovative and secure routing solutions is poised to propel further growth in the near future.
KEY DRIVERS:
Growth of Cloud Computing and services demands dynamic routing mechanisms to adapt to fluctuating traffic patterns and geographically dispersed data centers.
The Continuous Rising Internet Traffic
The ever-increasing volume of data transmitted over the internet, driven by factors like video streaming, social media usage, and cloud adoption, necessitates efficient routing solutions to manage congestion and ensure smooth data flow.
E.g.: Cisco predicts a 5x growth in global internet traffic by 2023
RESTRAINTS:
Proprietary routing protocols from dominant vendors can limit interoperability and flexibility for network operators.
Traditional routing protocols lack robust security, making networks vulnerable to hijacking and data breaches.
Routing protocols can be vulnerable to cyberattacks, leading to network disruptions and data breaches. The market needs robust security solutions to mitigate these risks.
Eg: The cost of cybercrime is expected to reach $10.5 trillion globally by 2025
OPPORTUNITIES:
Focus on Network Automation.
The rise of SD-WAN creates a opportunity by offering a software-based approach to manage complex, dynamic network traffic across diverse connections.
SD-WAN solutions offer centralized control and dynamic routing capabilities, making them attractive for managing geographically dispersed networks. Eg: The SD-WAN market is expected to reach $45.1 billion by 2026. This data shows the growth opportunity in future.
CHALLENGES:
The complexity of managing advanced routing solutions necessitates a skilled workforce, which can be a challenge for many organizations.
Keeping Up with Technological Advancements
The rapid evolution of networking technologies requires continuous innovation and adaptation from routing solutions providers.
The war has disrupted the supply chain for crucial components used in routers, like neon gas (a byproduct of steel production) which is primarily sourced from Ukraine and Russia. This has led to chip shortages and potential delays in router production for companies like Cisco and Juniper Networks. also, the war has accentuated the need for secure and reliable communication infrastructure. This could lead to increased demand for routers with advanced security features, particularly in Europe as they look to diversify their energy dependence away from Russia. However, industry reports suggest potential production slowdowns of 5-10% for major router manufacturers in 2022-2023. However, Companies may look to diversify their supply chains and source components from alternative regions. Additionally, there could be a renewed focus on domestic router production in certain countries to bolster network security and infrastructure resilience.
The impact of an economic slowdown on the routing market is mixed. Economic slowdowns drive businesses to seek cost-effective solutions. This sparks a surge in demand for energy-efficient routers and those that optimize network performance, ultimately reducing operational costs. Here, manufacturers offering a wider range of routers, including budget-friendly and energy-efficient options, might see a boost in sales. For Eg. A 2023 Gartner survey sheds light on a crucial shift in IT decision-making during economic downturns. Network security and operational efficiency rise in priority by a staggering 20% compared to periods of economic growth. This translates to increased demand for routers boasting robust security features. like Arista Networks, known for their high-performance routing solutions, stand to benefit from this trend. and on the other hand, Companies might postpone planned upgrades to existing router systems to save costs. This could lead to a decline in sales for high-end routers with advanced features due to economic slowdown. According to a data by IDC predicts a potential 5-7% decline in overall enterprise network equipment spending, which includes routers, during a economic slowdown. This could translate to revenue decrease for major router manufacturers like Cisco and Juniper Networks.
By Type
The market for wireless routers is poised to dominate the routing market throughout the coming forecast period 2024-2031. This dominance is fuelled by two key trends, the surging need for fast internet and the explosion of smart devices in our homes. With more and more smartphones, tablets, and smart TVs relying on constant connectivity, effective wireless routers are becoming essential. Furthermore, the ever-growing demand for internet-based devices, the expansion of cloud-based networking, and the increasing adoption of virtual technologies are all expected to act as major forces propelling the global wireless router market forward in the coming years.
By Application
By Application, the routing market is divided into Enterprise, and Datacenter among Other. The enterprise application component is expected to hold the largest share which is around 62%. Routers play an important role in enterprise by connecting to computer and internet networks. Traditional routers provide a minimum Mbit/s bandwidth but are at risk of network congestion. By using flexible and efficient application-based traffic guidance, Software-Defined WAN (SD-WAN) is the best enterprise WAN business solution in the cloud era. However, when traditional enterprise routers deviate from SD-WAN, their transmission efficiency decreases by approximately 70-80% on average. Demand for IT communications equipment, including wireless and wired routers, in business has seen a dramatic increase between due to the outbreak of COVID-19 and the implementation of home-based employment (WFH) policies by a few companies around the world.
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By Vertical
Based on vertical, BFSI segment is in leading position. This is driven by the heavy reliance of financial institutions on technology for efficient operations. High-speed and secure networks are crucial for BFSI to handle processes like transfers, loans, investments, and payments smoothly. Additionally, Digital and mobile banking services enhance customer convenience and accessibility. For traders and investors, real-time market data access through high-speed networks is vital. These factors combined with the growing adoption of advanced fintech solutions are expected to propel the growth of the routing market within the BFSI sector.
North America holds the leading position, accounting for around 38% of the global routing market share. This dominance is attributed to the strong presence of major tech companies and a focus on high-speed internet infrastructure. This region is home to a significant number of leading tech giants like Google, Amazon, Microsoft, and Apple. These companies rely heavily on robust and high-performance routing infrastructure to support their vast data centers, cloud services, and online platforms. The constant demand for efficient data transfer and reliable connectivity fuels the growth of the routing market in North America.
The market in the APAC region is expected to grow at the fastest rate during the forecast period 2024-2031. APAC countries, especially China, are at the forefront of technological developments such as 5G and Wi-Fi 6. For e.g. In June 2021, Chinese state-owned telecommunications companies China Telecom and ZTE Corporation successfully deployed the ZTE core router ZXR10 T8000 at IP MAN of China Telecom in Hunan, a mountainous province in southern China. And In addition, in June 2020, China Mobile released the first fully adapted Wi-Fi 6 AX3000,router, which was developed in cooperation with HiSilicon (Shanghai). This router works with China Mobile's smart home services and features 160MHz bandwidth, triple anti-interference, hardware acceleration and chip-level security.
The major key players are Cisco, Nokia, Juniper Networks, Arista Networks, New H3C Technologies, Huawei Technologies, Hewlett Packard, ASUSTeK Computer, NETGEAR, Xiaomi, and other key players.
In March 14, 2024, Cisco, a major player in the routing market, announced the launch of its new Silicon One Network Routing Platform. This platform utilizes a next-generation Network Processor Unit (NPU) designed to deliver high performance, scalability, and programmability for enterprise and service provider networks.
In December 2021, the Aston Martin Cognizant Formula Team announced a new partnership with Juniper Networks, becoming the team's official network equipment provider. As part of the partnership, Juniper would deliver an agile and highly automated network platform for the entire team's new technology campus, which is expected to be completed in early 2023.
In November 2021, H3C comprehensively demonstrated its ability to facilitate the implementation of 5G networks and digital and intelligent transformation at the recently concluded China Mobile Global Partner Conference 2021 in Guangzhou, Guangdong Province, which further strengthened its close relationship with China Mobile.
| Report Attributes | Details |
|---|---|
| Market Size in 2023 | US$ 15.4 Billion |
| Market Size by 2031 | US$ 30.8 Billion |
| CAGR | CAGR of 9% From 2024 to 2031 |
| Base Year | 2023 |
| Forecast Period | 2024-2031 |
| Historical Data | 2020-2022 |
| Report Scope & Coverage | Market Size, Segments Analysis, Competitive Landscape, Regional Analysis, DROC & SWOT Analysis, Forecast Outlook |
| Key Segments | • By Type (Wired Router, Wireless Router) • By Route (Default, Dynamic, Static) • By Placement (Virtual, Core, Edge) • By Application (Enterprise, Datacenter) • By Vertical (BFSI, Education, Media & Entertainment, Healthcare, Residential, Others) |
| Regional Analysis/Coverage | North America (US, Canada, Mexico), Europe (Eastern Europe [Poland, Romania, Hungary, Turkey, Rest of Eastern Europe] Western Europe] Germany, France, UK, Italy, Spain, Netherlands, Switzerland, Austria, Rest of Western Europe]), Asia Pacific (China, India, Japan, South Korea, Vietnam, Singapore, Australia, Rest of Asia Pacific), Middle East & Africa (Middle East [UAE, Egypt, Saudi Arabia, Qatar, Rest of Middle East], Africa [Nigeria, South Africa, Rest of Africa], Latin America (Brazil, Argentina, Colombia, Rest of Latin America) |
| Company Profiles | Cisco, Nokia, Juniper Networks, Arista Networks, New H3C Technologies, Huawei Technologies, Hewlett Packard, ASUSTeK Computer, NETGEAR, Xiaomi |
| Key Drivers | • Growth of Cloud Computing and services demands dynamic routing mechanisms to adapt to fluctuating traffic patterns and geographically dispersed data centers. • The Continuous Rising Internet Traffic |
| Restraints | • Proprietary routing protocols from dominant vendors can limit interoperability and flexibility for network operators. • Traditional routing protocols lack robust security, making networks vulnerable to hijacking and data breaches. |
Ans: The expected CAGR of Routing Market during the forecast period is 9.0%.
Ans: Routing Market size is forecasted to surpass USD 30.8 billion by 2031.
Ans. The market has been segmented with respect to By Type, By Application, By Placement, and By Vertical.
Ans: North America is expected to lead the worldwide Routing Market.
Ans. The Rise in demand for SDN & NVF, Rise in volume of content generation through internet and Web applications, and Ethernet switches are dominating the data-center switch market.
TABLE OF CONTENTS
1. Introduction
1.1 Market Definition
1.2 Scope
1.3 Research Assumptions
2. Industry Flowchart
3. Research Methodology
4. Market Dynamics
4.1 Drivers
4.2 Restraints
4.3 Opportunities
4.4 Challenges
5. Impact Analysis
5.1 Impact of Russia-Ukraine Crisis
5.2 Impact of Economic Slowdown on Major Countries
5.2.1 Introduction
5.2.2 United States
5.2.3 Canada
5.2.4 Germany
5.2.5 France
5.2.6 UK
5.2.7 China
5.2.8 Japan
5.2.9 South Korea
5.2.10 India
6. Value Chain Analysis
7. Porter’s 5 Forces Model
8. Pest Analysis
9. Routing MarketSegmentation, By Type
9.1 Introduction
9.2 Wired Router
9.3 Wireless Router
10. Routing MarketSegmentation, By Route
10.1 Introduction
10.2 Trend Analysis
10.3 Default routing
10.4 Dynamic routing
10.5 Static routing
11. Routing Market Segmentation, By Placement
11.1 Introduction
11.2 Trend Analysis
11.3 Virtual
11.4 Core
11.5 Edge
12. Routing Market Segmentation, By Application
12.1 Introduction
12.2 Trend Analysis
12.3 Enterprise
12.4 Datacenter
13. Routing Market Segmentation, By Vertical
13.1Introduction
13.2 Trend Analysis
13.3 BFSI
13.4 Education
13.5 Media & Entertainment
13.6 Healthcare
13.7 Residential
13.8 Others
14. Regional Analysis
14.1 Introduction
14.2 North America
14.2.1 Trend Analysis
14.2.2 North America Routing Market By Country
14.2.3 North America Routing Market By Type
14.2.4 North America Routing Market By Route
14.2.5 North America Routing Market By Placement
14.2.6 North America Routing Market, By Application
14.2.7 North America Routing Market, By Vertical
14.2.8 USA
14.2.8.1 USA Routing Market By Type
14.2.8.2 USA Routing Market By Route
14.2.8.3 USA Routing Market By Placement
14.2.8.4 USA Routing Market, By Application
14.2.8.5 USA Routing Market, By Vertical
14.2.9 Canada
14.2.9.1 Canada Routing Market By Type
14.2.9.2 Canada Routing Market By Route
14.2.9.3 Canada Routing Market By Placement
14.2.9.4 Canada Routing Market, By Application
14.2.9.5 Canada Routing Market, By Vertical
14.2.10 Mexico
14.2.10.1 Mexico Routing Market By Type
14.2.10.2 Mexico Routing Market By Route
14.2.10.3 Mexico Routing Market By Placement
14.2.10.4 Mexico Routing Market, By Application
14.2.10.5 Mexico Routing Market, By Vertical
14.3 Europe
14.3.1 Trend Analysis
14.3.2 Eastern Europe
14.3.2.1 Eastern Europe Routing Market By Country
14.3.2.2 Eastern Europe Routing Market By Type
14.3.2.3 Eastern Europe Routing Market By Route
14.3.2.4 Eastern Europe Routing Market By Placement
14.3.2.5 Eastern Europe Routing Market By Application
14.3.2.6 Eastern Europe Routing Market, By Vertical
14.3.2.7 Poland
14.3.2.7.1 Poland Routing Market By Type
14.3.2.7.2 Poland Routing Market By Route
14.3.2.7.3 Poland Routing Market By Placement
14.3.2.7.4 Poland Routing Market By Application
14.3.2.7.5 Poland Routing Market, By Vertical
14.3.2.8 Romania
14.3.2.8.1 Romania Routing Market By Type
14.3.2.8.2 Romania Routing Market By Route
14.3.2.8.3 Romania Routing Market By Placement
14.3.2.8.4 Romania Routing Market By Application
14.3.2.8.5 Romania Routing Market, By Vertical
14.3.2.9 Hungary
14.3.2.9.1 Hungary Routing Market By Type
14.3.2.9.2 Hungary Routing Market By Route
14.3.2.9.3 Hungary Routing Market By Placement
14.3.2.9.4 Hungary Routing Market By Application
14.3.2.9.5 Hungary Routing Market, By Vertical
14.3.2.10 Turkey
14.3.2.10.1 Turkey Routing Market By Type
14.3.2.10.2 Turkey Routing Market By Route
14.3.2.10.3 Turkey Routing Market By Placement
14.3.2.10.4 Turkey Routing Market By Application
14.3.2.10.5 Turkey Routing Market, By Vertical
14.3.2.11 Rest of Eastern Europe
14.3.2.11.1 Rest of Eastern Europe Routing Market By Type
14.3.2.11.2 Rest of Eastern Europe Routing Market By Route
14.3.2.11.3 Rest of Eastern Europe Routing Market By Placement
14.3.2.11.4 Rest of Eastern Europe Routing Market By Application
14.3.2.11.5 Rest of Eastern Europe Routing Market, By Vertical
14.3.3 Western Europe
14.3.3.1 Western Europe Routing Market By Country
14.3.3.2 Western Europe Routing Market By Type
14.3.3.3 Western Europe Routing Market By Route
14.3.3.4 Western Europe Routing Market By Placement
14.3.3.5 Western Europe Routing Market By Application
14.3.3.6 Western Europe Routing Market, By Vertical
14.3.3.7 Germany
14.3.3.7.1 Germany Routing Market By Type
14.3.3.7.2 Germany Routing Market By Route
14.3.3.7.3 Germany Routing Market By Placement
14.3.3.7.4 Germany Routing Market By Application
14.3.3.7.5 Germany Routing Market, By Vertical
14.3.3.8 France
14.3.3.8.1 France Routing Market By Type
14.3.3.8.2 France Routing Market By Route
14.3.3.8.3 France Routing Market By Placement
14.3.3.8.4 France Routing Market By Application
14.3.3.8.5 France Routing Market, By Vertical
14.3.3.9 UK
14.3.3.9.1 UK Routing Market By Type
14.3.3.9.2 UK Routing Market By Route
14.3.3.9.3 UK Routing Market By Placement
14.3.3.9.4 UK Routing Market By Application
14.3.3.9.5 UK Routing Market, By Vertical
14.3.3.10 Italy
14.3.3.10.1 Italy Routing Market By Type
14.3.3.10.2 Italy Routing Market By Route
14.3.3.10.3 Italy Routing Market By Placement
14.3.3.10.4 Italy Routing Market By Application
14.3.3.10.5 Italy Routing Market, By Vertical
14.3.3.11 Spain
14.3.3.11.1 Spain Routing Market By Type
14.3.3.11.2 Spain Routing Market By Route
14.3.3.11.3 Spain Routing Market By Placement
14.3.3.11.4 Spain Routing Market By Application
14.3.3.11.5 Spain Routing Market, By Vertical
14.3.3.12 Netherlands
14.3.3.12.1 Netherlands Routing Market By Type
14.3.3.12.2 Netherlands Routing Market By Route
14.3.3.12.3 Netherlands Routing Market By Placement
14.3.3.12.4 Netherlands Routing Market By Application
14.3.3.12.5 Netherlands Routing Market, By Vertical
14.3.3.13 Switzerland
14.3.3.13.1 Switzerland Routing Market By Type
14.3.3.13.2 Switzerland Routing Market By Route
14.3.3.13.3 Switzerland Routing Market By Placement
14.3.3.13.4 Switzerland Routing Market By Application
14.3.3.13.5 Switzerland Routing Market, By Vertical
14.3.3.14 Austria
14.3.3.14.1 Austria Routing Market By Type
14.3.3.14.2 Austria Routing Market By Route
14.3.3.14.3 Austria Routing Market By Placement
14.3.3.14.4 Austria Routing Market By Application
14.3.3.14.5 Austria Routing Market, By Vertical
14.3.3.15 Rest of Western Europe
14.3.3.15.1 Rest of Western Europe Routing Market By Type
14.3.3.15.2 Rest of Western Europe Routing Market By Route
14.3.3.15.3 Rest of Western Europe Routing Market By Placement
14.3.3.15.4 Rest of Western Europe Routing Market By Application
14.3.3.15.5 Rest of Western Europe Routing Market, By Vertical
14.4 Asia-Pacific
14.4.1 Trend Analysis
14.4.2 Asia-Pacific Routing Market By country
14.4.3 Asia-Pacific Routing Market By Type
14.4.4 Asia-Pacific Routing Market By Route
14.4.5 Asia-Pacific Routing Market By Placement
14.4.6 Asia-Pacific Routing Market By Application
14.4.7 Asia-Pacific Routing Market, By Vertical
14.4.8 China
14.4.8.1 China Routing Market By Type
14.4.8.2 China Routing Market By Route
14.4.8.3 China Routing Market By Placement
14.4.8.4 China Routing Market By Application
14.4.8.5 China Routing Market, By Vertical
14.4.9 India
14.4.9.1 India Routing Market By Type
14.4.9.2 India Routing Market By Route
14.4.9.3 India Routing Market By Placement
14.4.9.4 India Routing Market By Application
14.4.9.5 India Routing Market, By Vertical
14.4.10 Japan
14.4.10.1 Japan Routing Market By Type
14.4.10.2 Japan Routing Market By Route
14.4.10.3 Japan Routing Market By Placement
14.4.10.4 Japan Routing Market By Application
14.4.10.5 Japan Routing Market, By Vertical
14.4.11 South Korea
14.4.11.1 South Korea Routing Market By Type
14.4.11.2 South Korea Routing Market By Route
14.4.11.3 South Korea Routing Market By Placement
14.4.11.4 South Korea Routing Market By Application
14.4.11.5 South Korea Routing Market, By Vertical
14.4.12 Vietnam
14.4.12.1 Vietnam Routing Market By Type
14.4.12.2 Vietnam Routing Market By Route
14.4.12.3 Vietnam Routing Market By Placement
14.4.12.4 Vietnam Routing Market By Application
14.4.12.5 Vietnam Routing Market, By Vertical
14.4.13 Singapore
14.4.13.1 Singapore Routing Market By Type
14.4.13.2 Singapore Routing Market By Route
14.4.13.3 Singapore Routing Market By Placement
14.4.13.4 Singapore Routing Market By Application
14.4.13.5 Singapore Routing Market, By Vertical
14.4.14 Australia
14.4.14.1 Australia Routing Market By Type
14.4.14.2 Australia Routing Market By Route
14.4.14.3 Australia Routing Market By Placement
14.4.14.4 Australia Routing Market By Application
14.4.14.5 Australia Routing Market, By Vertical
14.4.15 Rest of Asia-Pacific
14.4.15.1 Rest of Asia-Pacific Routing Market By Type
14.4.15.2 Rest of Asia-Pacific Routing Market By Route
14.4.15.3 Rest of Asia-Pacific Routing Market By Placement
14.4.15.4 Rest of Asia-Pacific Routing Market By Application
14.4.15.5 Rest of Asia-Pacific Routing Market, By Vertical
14.5 Middle East & Africa
14.5.1 Trend Analysis
14.5.2 Middle East
14.5.2.1 Middle East Routing Market By Country
14.5.2.2 Middle East Routing Market By Type
14.5.2.3 Middle East Routing Market By Route
14.5.2.4 Middle East Routing Market By Placement
14.5.2.5 Middle East Routing Market By Application
14.5.2.6 Middle East Routing Market, By Vertical
14.5.2.7 UAE
14.5.2.7.1 UAE Routing Market By Type
14.5.2.7.2 UAE Routing Market By Route
14.5.2.7.3 UAE Routing Market By Placement
14.5.2.7.4 UAE Routing Market By Application
14.5.2.7.5 UAE Routing Market, By Vertical
14.5.2.8 Egypt
14.5.2.8.1 Egypt Routing Market By Type
14.5.2.8.2 Egypt Routing Market By Route
14.5.2.8.3 Egypt Routing Market By Placement
14.5.2.8.4 Egypt Routing Market By Application
14.5.2.8.5 Egypt Routing Market, By Vertical
14.5.2.9 Saudi Arabia
14.5.2.9.1 Saudi Arabia Routing Market By Type
14.5.2.9.2 Saudi Arabia Routing Market By Route
14.5.2.9.3 Saudi Arabia Routing Market By Placement
14.5.2.9.4 Saudi Arabia Routing Market By Application
14.5.2.9.5 Saudi Arabia Routing Market, By Vertical
14.5.2.10 Qatar
14.5.2.10.1 Qatar Routing Market By Type
14.5.2.10.2 Qatar Routing Market By Route
14.5.2.10.3 Qatar Routing Market By Placement
14.5.2.10.4 Qatar Routing Market By Application
14.5.2.10.5 Qatar Routing Market, By Vertical
14.5.2.11 Rest of Middle East
14.5.2.11.1 Rest of Middle East Routing Market By Type
14.5.2.11.2 Rest of Middle East Routing Market By Route
14.5.2.11.3 Rest of Middle East Routing Market By Placement
14.5.2.11.4 Rest of Middle East Routing Market By Application
14.5.2.11.5 Rest of Middle East Routing Market, By Vertical
14.5.3 Africa
14.5.3.1 Africa Routing Market By Country
14.5.3.2 Africa Routing Market By Type
14.5.3.3 Africa Routing Market By Route
14.5.3.4 Africa Routing Market By Placement
14.5.3.5 Africa Routing Market By Application
14.5.3.6 Africa Routing Market, By Vertical
14.5.3.7 Nigeria
14.5.3.7.1 Nigeria Routing Market By Type
14.5.3.7.2 Nigeria Routing Market By Route
14.5.3.7.3 Nigeria Routing Market By Placement
14.5.3.7.4 Nigeria Routing Market By Application
14.5.3.7.5 Nigeria Routing Market, By Vertical
14.5.3.8 South Africa
14.5.3.8.1 South Africa Routing Market By Type
14.5.3.8.2 South Africa Routing Market By Route
14.5.3.8.3 South Africa Routing Market By Placement
14.5.3.8.4 South Africa Routing Market By Application
14.5.3.8.5 South Africa Routing Market, By Vertical
14.5.3.9 Rest of Africa
14.5.3.9.1 Rest of Africa Routing Market By Type
14.5.3.9.2 Rest of Africa Routing Market By Route
14.5.3.9.3 Rest of Africa Routing Market By Placement
14.5.3.9.4 Rest of Africa Routing Market By Application
14.5.3.9.5 Rest of Africa Routing Market, By Vertical
14.6 Latin America
14.6.1 Trend Analysis
14.6.2 Latin America Routing Market By country
14.6.3 Latin America Routing Market By Type
14.6.4 Latin America Routing Market By Route
14.6.5 Latin America Routing Market By Placement
14.6.6 Latin America Routing Market By Application
14.6.7 Latin America Routing Market, By Vertical
14.6.8 Brazil
14.6.8.1 Brazil Routing Market By Type
14.6.8.2 Brazil Routing Market By Route
14.6.8.3 Brazil Routing Market By Placement
14.6.8.4 Brazil Routing Market By Application
14.6.8.5 Brazil Routing Market, By Vertical
14.6.9 Argentina
14.6.9.1 Argentina Routing Market By Type
14.6.9.2 Argentina Routing Market By Route
14.6.9.3 Argentina Routing Market By Placement
14.6.9.4 Argentina Routing Market By Application
14.6.9.5 Argentina Routing Market, By Vertical
14.6.10 Colombia
14.6.10.1 Colombia Routing Market By Type
14.6.10.2 Colombia Routing Market By Route
14.6.10.3 Colombia Routing Market By Placement
14.6.10.4 Colombia Routing Market By Application
14.6.10.5 Colombia Routing Market, By Vertical
14.6.11 Rest of Latin America
14.6.11.1 Rest of Latin America Routing Market By Type
14.6.11.2 Rest of Latin America Routing Market By Route
14.6.11.3 Rest of Latin America Routing Market By Placement
14.6.11.4 Rest of Latin America Routing Market By Application
14.6.11.5 Rest of Latin America Routing Market, By Vertical
15. Company Profiles
15.1 Cisco
15.1.1 Company Overview
15.1.2 Financial
15.1.3 Products/ Services Offered
15.1.4 SWOT Analysis
15.1.5 The SNS View
15.2 Nokia.
15.2.1 Company Overview
15.2.2 Financial
15.2.3 Products/ Services Offered
15.2.4 SWOT Analysis
15.2.5 The SNS View
15.3 Juniper Networks
15.3.1 Company Overview
15.3.2 Financial
15.3.3 Products/ Services Offered
15.3.4 SWOT Analysis
15.3.5 The SNS View
15.4 Arista Networks
15.4.1 Company Overview
15.4.2 Financial
15.4.3 Products/ Services Offered
15.4.4 SWOT Analysis
15.4.5 The SNS View
15.5 New H3C Technologies
15.5.1 Company Overview
15.5.2 Financial
15.5.3 Products/ Services Offered
15.5.4 SWOT Analysis
15.5.5 The SNS View
15.6 Huawei Technologies
15.6.1 Company Overview
15.6.2 Financial
15.6.3 Products/ Services Offered
15.6.4 SWOT Analysis
15.6.5 The SNS View
15.7 Hewlett Packard
15.7.1 Company Overview
15.7.2 Financial
15.7.3 Products/ Services Offered
15.7.4 SWOT Analysis
15.7.5 The SNS View
15.8 ASUSTeK Computer
15.8.1 Company Overview
15.8.2 Financial
15.8.3 Products/ Services Offered
15.8.4 SWOT Analysis
15.8.5 The SNS View
15.9 NETGEAR
15.9.1 Company Overview
15.9.2 Financial
15.9.3 Products/ Services Offered
15.9.4 SWOT Analysis
15.9.5 The SNS View
15.10 Xiaomi
15.10.1 Company Overview
15.10.2 Financial
15.10.3 Products/ Services Offered
15.10.4 SWOT Analysis
15.10.5 The SNS View
16. Competitive Landscape
16.1 Competitive Benchmarking
16.2 Market Share Analysis
16.3 Recent Developments
16.3.1 Industry News
16.3.2 Company News
16.3.3 Mergers & Acquisitions
17. Use Case and Best Practices
18. Conclusion
An accurate research report requires proper strategizing as well as implementation. There are multiple factors involved in the completion of good and accurate research report and selecting the best methodology to compete the research is the toughest part. Since the research reports we provide play a crucial role in any company’s decision-making process, therefore we at SNS Insider always believe that we should choose the best method which gives us results closer to reality. This allows us to reach at a stage wherein we can provide our clients best and accurate investment to output ratio.
Each report that we prepare takes a timeframe of 350-400 business hours for production. Starting from the selection of titles through a couple of in-depth brain storming session to the final QC process before uploading our titles on our website we dedicate around 350 working hours. The titles are selected based on their current market cap and the foreseen CAGR and growth.
The 5 steps process:
Step 1: Secondary Research:
Secondary Research or Desk Research is as the name suggests is a research process wherein, we collect data through the readily available information. In this process we use various paid and unpaid databases which our team has access to and gather data through the same. This includes examining of listed companies’ annual reports, Journals, SEC filling etc. Apart from this our team has access to various associations across the globe across different industries. Lastly, we have exchange relationships with various university as well as individual libraries.
Step 2: Primary Research
When we talk about primary research, it is a type of study in which the researchers collect relevant data samples directly, rather than relying on previously collected data. This type of research is focused on gaining content specific facts that can be sued to solve specific problems. Since the collected data is fresh and first hand therefore it makes the study more accurate and genuine.
We at SNS Insider have divided Primary Research into 2 parts.
Part 1 wherein we interview the KOLs of major players as well as the upcoming ones across various geographic regions. This allows us to have their view over the market scenario and acts as an important tool to come closer to the accurate market numbers. As many as 45 paid and unpaid primary interviews are taken from both the demand and supply side of the industry to make sure we land at an accurate judgement and analysis of the market.
This step involves the triangulation of data wherein our team analyses the interview transcripts, online survey responses and observation of on filed participants. The below mentioned chart should give a better understanding of the part 1 of the primary interview.
Part 2: In this part of primary research the data collected via secondary research and the part 1 of the primary research is validated with the interviews from individual consultants and subject matter experts.
Consultants are those set of people who have at least 12 years of experience and expertise within the industry whereas Subject Matter Experts are those with at least 15 years of experience behind their back within the same space. The data with the help of two main processes i.e., FGDs (Focused Group Discussions) and IDs (Individual Discussions). This gives us a 3rd party nonbiased primary view of the market scenario making it a more dependable one while collation of the data pointers.
Step 3: Data Bank Validation
Once all the information is collected via primary and secondary sources, we run that information for data validation. At our intelligence centre our research heads track a lot of information related to the market which includes the quarterly reports, the daily stock prices, and other relevant information. Our data bank server gets updated every fortnight and that is how the information which we collected using our primary and secondary information is revalidated in real time.
Step 4: QA/QC Process
After all the data collection and validation our team does a final level of quality check and quality assurance to get rid of any unwanted or undesired mistakes. This might include but not limited to getting rid of the any typos, duplication of numbers or missing of any important information. The people involved in this process include technical content writers, research heads and graphics people. Once this process is completed the title gets uploader on our platform for our clients to read it.
Step 5: Final QC/QA Process:
This is the last process and comes when the client has ordered the study. In this process a final QA/QC is done before the study is emailed to the client. Since we believe in giving our clients a good experience of our research studies, therefore, to make sure that we do not lack at our end in any way humanly possible we do a final round of quality check and then dispatch the study to the client.
Key Segments
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