Service Provider Edge Router Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2014 - 2020
Albany, NY -- (SBWIRE) -- 01/20/2016 -- Transparency Market Research has added a report to its database on the technology and media industry. The report, titled "Service Provider Edge Router Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2014 – 2020" provides a clear view of the future of this market and helps build a viable strategy with the market's trajectory in focus.
The global service provider edge router market is primarily driven by the increasing number of consumers/subscribers to the Internet. A large part of this new user database is being generated from developing economies, specifically those from the regions of Asia Pacific, Latin America, and Middle East and Africa.
Players in the global service provider edge router market are being driven to provide a larger rate of service and support to these economies due to their high number of new users.
Developed economies are also driving the global service provider edge router market considerably through the development of high-speed Internet services, such as the LTE network and future possibilities. This is applicable to the regions of North America and Europe.
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One of the major challenges in the global service provider edge router market is the need to balance data between cloud services, wireless services, and video services. To overcome this obstacle, major players are providing edge routers that can aggregate IP networks into a singular edge IP. Doing so allows the edge router to provide the required balance between the three services. Companies currently benefitting from the sales of such edge routers include Juniper Networks, Inc. and Cisco Systems, Inc.
The key players in the global service provider edge router market are ZTE Corporation, Huawei Technologies Co. Ltd., Juniper Networks, Inc., Alcatel-Lucent S.A., and Cisco Systems, Inc. All top companies of the global service provider edge router market are currently in the process of upgrading their products and services to gain a competitive edge over other companies. Although the companies such as Huawei and ZTE Corp. are relatively new in the networking industry, they have made rapid progress in terms of business expansions into rival regions.
For instance, Juniper Networks recently upgraded its current line of edge routers with advanced hardware and software, which enable automation of the network and enhance performance. The improvements are carried out in the company's MX series' 3D Universal edge routers and the improvements are meant to enhance operational efficiency and port density of the systems. Similar upgrades are being made across the global service provider edge router market, mostly due to the increasing consumer demand for streaming HD videos.
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