Banking Financial Services and Insurance (BFSI) sector is one of the leading revenue generator in world’s Brouter market.
New York, NY -- (SBWIRE) -- 11/02/2017 -- Over the past few years, Brouter market around the world has been witnessing significant growth on the back of considerable IT infrastructure expansion across various parts of the world. Rising internet browsing on laptops, smartphones and tablets have pushed significant investments for network expansion in the recent years. Various factors such as technological trends including cloud computing are helping in the growth of the market. Brouter generally known as bridge router, is basically a combination of bridge and router. It is capable of establishing a bridge between two networks as well as routing some messages from the bridge network to other networks. The demand for this network device has been increasing within enterprises as well as commercial sector. Banking Financial Services and Insurance (BFSI) sector is one of the leading revenue generator in world's Brouter market.
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Brouter Market: Drivers and Challenges
Brouter provides combine features of router for routing protocol and bridge for non-routable protocol. The demand for faster internet, increase in range of the wireless network, and the number of connected devices are fuelling growth of the market. Along with this some of Brouter benefits includes packet switching, packet filtering, internetwork communication, and path selection. Brouter can work both on LAN and WAN which is one of the major driver for the growth of the market.
However, the complexity of installation and maintenance difficulty is hindering the growth of the market.
Brouter Market: Segmentation
On the basis of end-user, Brouter market can be segmented into cloud services, data center services, virtual network services, Services for home and enterprises.
On the basis of solution type, Brouter market can be segmented into deployment services, operation management services and support services.
On the basis of region, Brouter Market can be segmented into North America, Latin America, Western Europe, Middle East & Africa (MEA), Asia Pacific excluding Japan (APEJ) and Japan.
Brouter Market: Regional Outlook
North America and Europe market is in advanced stage of adoption of Brouter. Majority of Brouter leading service providers such as Cisco Systems, Juniper Networks, and Netgear are based in North America. However, the Asia Pacific and MEA are expected to be the emerging regions due to high adoption of smartphones and increasing internet usage. Majority of Brouter leading service providers such as Cisco Systems, Juniper Networks, and Netgear are based in North America.
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Key Market Players:
Some of the leading players of Brouter Market are: ADTRAN, Actelis Networks, Inc., ZTE Corporation, Huawei Technologies Co., Ltd, Juniper Networks, Inc., Brocade Communications Systems, Inc, Extreme Networks, Inc., Cisco Systems, Belkin International, Inc., Amped Wireless, ASUSTeK Computer Inc., TP-Link Technologies Co., Ltd., EDIMAX Technology Co., Ltd., Ericsson AB, Dell and Netgear. However, there are a lot of new players entering the market as it holds huge business opportunities in the future.