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The global virtual router market was valued at US$ 176.6 Million in 2021.
We expect the global virtual router market to exhibit a CAGR of 22.30% during 2022-2027.
The expanding 5G network infrastructures, along with the rising popularity of virtual router software
in developing, prototyping, and testing new communication subsystems, is currently driving the
global virtual router market.
The sudden outbreak of the COVID-19 pandemic has led to the growing adoption of virtual router
software as it remotely provides enhanced network speed and safer storage solution. Additionally,
these routers support distance learning and enable pupil to perform virtual experiments.
Based on the component, the global virtual router market can be categorized into solution and
service. Currently, service exhibits clear dominance in the market.
Based on the type, the global virtual router market has been segmented into pre-defined and
custom, where custom currently represents the largest market share.
Based on the end user, the global virtual router market can be bifurcated into service provider and
enterprise. Currently, service provider accounts for the majority of the total market share.
On a regional level, the market has been classified into North America, Europe, Asia-Pacific, Middle
East and Africa, and Latin America, where North America currently dominates the global market.
Some of the major players in the global virtual router market include 6WIND, Allied Telesis Inc.,
Arista Networks Inc., Check Point Software Technologies Ltd., Cisco Systems Inc., Hewlett Packard
Enterprise Company, Huawei Technologies Co. Ltd., International Business Machines Corporation,
Juniper Networks Inc., Nokia Corporation, Palo Alto Networks Inc., and ZTE Corporation.
Data Center Liquid Cooling Market by Component (Solution, Services), Data Center Type (Large Data Centers, Small and Medium-sized Data Centers, Enterprise Data Centers), End Use (Cloud Providers, Colocation Providers, Enterprises, Hyperscale Data Centers), Application (BFSI, IT and Telecom, Media and Entertainment, Healthcare, Government and Defense, Retail, Research and Academic, and Others), and Region 2023-2028
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