Telecom Lead Asia: Global service provider router market
is expected to grow at a CAGR of 11.5 percent over the period 2011 – 2015. Cisco
Systems, Juniper Networks, Alcatel Lucent, and Huawei Technologies are the key
vendors dominating the global service provider router market space.
One of the key factors contributing to this market growth
is the growing demand for mobile broadband, according to TechNavio.
The global service provider router market has been
witnessing growing investment in wireless networks. However, difficulties in
anticipation of the service provider’s buying pattern could pose a challenge to
the growth of this market.
TechNavio’s report, the global service provider router
market 2011 – 2015, has been prepared based on an in-depth analysis of the market
with inputs from industry experts.
The report covers the Americas, and the EMEA and APAC
regions; it also covers the global service provider router market landscape and
its growth prospects in the coming years. The report also includes a discussion
of the key vendors operating in this market.
According to Dell’Oro Group, the Service Provider Router market experienced its first year-over-year decline
in two years as sales declined 7 percent to $2.7 billion in the fourth quarter
of 2011.
The firm said that Cisco was leading the Service Provider
Router market for 4Q11, followed by Juniper, Alcatel-Lucent, Huawei, and
Ericsson in the order of their ranks, according to Dell’Oro Group.
