Lucintel: Growth in Internet Traffic Expected to Drive Global Carrier Routers and Switching Industry during 2012-2017
Irving, Texas, Nov 10, 2012 (PRWeb.com via COMTEX) --
The global carrier routers and switching industry revenue is forecast to reach an estimated $40.4 billion in 2017 with a CAGR of 3.3% over the next five years (2012-2017). Industry drivers include growth in Internet traffic, consumer demand for high speed and more bandwidth, continued growth in network development, advanced technology deployment and new product development.
Lucintel, a leading global management consulting and market research firm, has analyzed the global carriers routers and switching industry and presents its findings in "Global Carrier Routers and Switching Industry 2012-2017: Trend, Profit, and Forecast Analysis."
The carrier routers and switching industry comprises carrier routers, switches, and voice switching equipment. The industry is highly competitive and was dominated in 2011 by the top five players Cisco Systems, Inc., Juniper Networks, Inc., Telefonaktiebolaget LM Ericsson, Nokia Corporation, and Alcatel-Lucent. Competitive rivalry is high in the industry due to high industry growth and competition for advanced applications and technology among the equipment vendors' offerings of IP core and edge routers. The industry is anticipated to grow in the future with the strengthening of the economies in Latin America and the Asia Pacific (APAC) region, which is anticipated to be leading in carrier spending growth in high-end routers and VPN routers.
Lucintel's market research report indicates that driving demand from domestic and international business customers in the carrier routers and switching market are high consumer spending in infrastructure networks with Ethernet switches and IP edge router products for more bandwidth, in addition to continuous improvement in the global economy,.
This study provides an overview of the global carrier routers and switching industry. The report tracks a single industry for four regions within the global carrier routers and switching market. This report provides annual trends for the past five years (2006-2011) and forecasts for the next five years (2012-2017).
For a detailed table of contents and pricing information on this timely, insightful report contact Lucintel at +1-972-636-5056 or via email at firstname.lastname@example.org. Lucintel provides cutting-edge decision support services Target Screening/ Merger & Acquisition that facilitate critical decisions with greater speed, insight, and cost efficiency.
Lucintel now offers free Live Chat on its website to answer visitors' questions in real time with precision. Visitors can directly chat with our experts through Live Chat to receive assistance and information regarding Lucintel's product and service offerings.
Read the full story at http://www.prweb.com/releases/2012/11/prweb10109724.htm
[ Back To TMCnet.com's Homepage ]