Global Virtual Router Market Analysis, Drivers, Restraints, Opportunities, Threats, Trends, Applications, and Growth Forecast to 2027

“Global Virtual Router Market Analysis Trends, Applications, Analysis, Growth, and Forecast to 2027” is a recent report generated by MarketResearch.biz, which offers in-depth insights, revenue details, and other vital information regarding the global virtual router market, and the various trends, drivers, restraints, opportunities, and threats in the target market till 2027. The report offers insightful and detailed information regarding the various key players operating in the market, their financials, supply chain trends, technological innovations, key developments, apart from future strategies, acquisitions & mergers, and market footprint. The global virtual router market report has been segmented on the basis of component, type, end user, and region.

Introduction:

Virtual router is a free and open source software which works and acts as a normal hardware router used for PCs with windows 8, windows 7 or windows server 2008 R2. Virtual router is useful as it wirelessly shares any internet connection with any Wi-Fi device. This router is a software-based routing framework which helps the host machine to perform as a typical hardware router over a local area network. Virtual router is normally backed by two physical routers. One router performs typical routing and other provides redundancy in case of fail-over. This virtual router is often used as a generic term for virtual routing, but it is also included in the name of several brand-name commercial products.

Market Dynamics:

Growing popularity for software-defined networking (SDN) and Network function virtualization (NFV) coupled with increasing adoption of the virtual routers among communication service providers (CSPs) are major factors expected to drive growth of the global virtual router market. In addition, increasing demand for virtual routers as a replacement for WAN based routers owing to its various advantages is one of the other factor expected to drive growth of the global virtual router market. Furthermore, application of virtual router leads to higher cost saving and rising number of communication service providers are expected to drive revenue growth of market. However, virtual routers are unable to perform the functions of a heavy duty core IP router is major factor expected to restraint growth of the global market. In addition, reluctance in moving from the legacy system to the virtualized environment may hamper the growth of global smart market.

Regional Analysis:

North America market is estimated to account for highest revenue share in the global virtual router market over the forecast period, owing to increasing demand for virtual routers solutions to optimize the network infrastructure in countries in the region. Asia Pacific market is expected to account for the second-highest revenue share in the global virtual router market, due to increasing complexities in network infrastructure in countries in the region. The market in Europe is projected to register fastest growth rate in terms of revenue due to increasing demand for advancements of virtual router software and rising number of communication service providers in the countries in the region. Moreover, the markets in Latin America and Middle East & Africa are expected to register moderate growth rate over the forecast period. Revenue from the market in Middle East & Africa is projected to register a significant CAGR of X.X% in the global virtual router market over the forecast period.

Global virtual router market segmentation:

By component:

• Solution
  • Integrated solution
  • Standalone solution
• Service
  • Professional services
  • Managed services
  • Training and consulting

By type:

• Pre-defined
• Custom

 By end-user:

• Service provider
• Telecom
• Data center
• Cloud
• Enterprises

By region:

• North America
• Europe
• Asia Pacific
• Latin America
• Middle East & Africa