Virtual Routing & Forwarding System Market by Component (Service, Solution), Type (BGP VRF, Multi-VRF), End-User - Global Forecast 2024-2030

Virtual Routing & Forwarding System Market by Component (Service, Solution), Type (BGP VRF, Multi-VRF), End-User - Global Forecast 2024-2030


The Virtual Routing & Forwarding System Market size was estimated at USD 2.65 billion in 2023 and expected to reach USD 2.92 billion in 2024, at a CAGR 10.63% to reach USD 5.38 billion by 2030.

Global Virtual Routing & Forwarding System Market

FPNV Positioning Matrix

The FPNV Positioning Matrix is pivotal in evaluating the Virtual Routing & Forwarding System Market. It offers a comprehensive assessment of vendors, examining key metrics related to Business Strategy and Product Satisfaction. This in-depth analysis empowers users to make well-informed decisions aligned with their requirements. Based on the evaluation, the vendors are then categorized into four distinct quadrants representing varying levels of success: Forefront (F), Pathfinder (P), Niche (N), or Vital (V).

Market Share Analysis

The Market Share Analysis is a comprehensive tool that provides an insightful and in-depth examination of the current state of vendors in the Virtual Routing & Forwarding System Market. By meticulously comparing and analyzing vendor contributions in terms of overall revenue, customer base, and other key metrics, we can offer companies a greater understanding of their performance and the challenges they face when competing for market share. Additionally, this analysis provides valuable insights into the competitive nature of the sector, including factors such as accumulation, fragmentation dominance, and amalgamation traits observed over the base year period studied. With this expanded level of detail, vendors can make more informed decisions and devise effective strategies to gain a competitive edge in the market.

Key Company Profiles

The report delves into recent significant developments in the Virtual Routing & Forwarding System Market, highlighting leading vendors and their innovative profiles. These include Arista Networks, Inc., Broadcom, Inc., Cisco Systems, Inc., D-Link Corporation, Hewlett Packard Enterprise Development LP, Huawei Technologies Co., Ltd., International Business Machines Corporation, Juniper Networks, Inc., MetricFire Corporation, NETGEAR, Inc., Nokia Corporation, NVIDIA Corporation, Palo Alto Networks, Inc., Plixer, LLC, Riverbed Technology, LLC, and ZTE Corporation.

Market Segmentation & Coverage

This research report categorizes the Virtual Routing & Forwarding System Market to forecast the revenues and analyze trends in each of the following sub-markets:

Component
Service
Managed Services

Professional Services
Solution
Integrated Solution

Standalone Solution
Type
BGP VRF
Multi-VRF
End-User
Enterprises
Service Provider
Cloud

Data Center

Telecom
Region
Americas
Argentina

Brazil

Canada

Mexico

United States
California

Florida

Illinois

New York

Ohio

Pennsylvania

Texas
Asia-Pacific
Australia

China

India

Indonesia

Japan

Malaysia

Philippines

Singapore

South Korea

Taiwan

Thailand

Vietnam
Europe, Middle East & Africa
Denmark

Egypt

Finland

France

Germany

Israel

Italy

Netherlands

Nigeria

Norway

Poland

Qatar

Russia

Saudi Arabia

South Africa

Spain

Sweden

Switzerland

Turkey

United Arab Emirates

United Kingdom

The report offers valuable insights on the following aspects:

1. Market Penetration: It presents comprehensive information on the market provided by key players.
2. Market Development: It delves deep into lucrative emerging markets and analyzes the penetration across mature market segments.
3. Market Diversification: It provides detailed information on new product launches, untapped geographic regions, recent developments, and investments.
4. Competitive Assessment & Intelligence: It conducts an exhaustive assessment of market shares, strategies, products, certifications, regulatory approvals, patent landscape, and manufacturing capabilities of the leading players.
5. Product Development & Innovation: It offers intelligent insights on future technologies, R&D activities, and breakthrough product developments.

The report addresses key questions such as:

1. What is the market size and forecast of the Virtual Routing & Forwarding System Market?
2. Which products, segments, applications, and areas should one consider investing in over the forecast period in the Virtual Routing & Forwarding System Market?
3. What are the technology trends and regulatory frameworks in the Virtual Routing & Forwarding System Market?
4. What is the market share of the leading vendors in the Virtual Routing & Forwarding System Market?
5. Which modes and strategic moves are suitable for entering the Virtual Routing & Forwarding System Market?

Note: PDF & Excel + Online Access - 1 Year


1. Preface
1.1. Objectives of the Study
1.2. Market Segmentation & Coverage
1.3. Years Considered for the Study
1.4. Currency & Pricing
1.5. Language
1.6. Limitations
1.7. Assumptions
1.8. Stakeholders
2. Research Methodology
2.1. Define: Research Objective
2.2. Determine: Research Design
2.3. Prepare: Research Instrument
2.4. Collect: Data Source
2.5. Analyze: Data Interpretation
2.6. Formulate: Data Verification
2.7. Publish: Research Report
2.8. Repeat: Report Update
3. Executive Summary
4. Market Overview
4.1. Introduction
4.2. Virtual Routing & Forwarding System Market, by Region
5. Market Insights
5.1. Market Dynamics
5.1.1. Drivers
5.1.1.1. Growing use of SD-WAN and cloud services
5.1.1.2. Need to increase the network security and safety
5.1.1.3. Significant growth in multimedia content worldwide
5.1.2. Restraints
5.1.2.1. High cost of system installations and maintenance
5.1.3. Opportunities
5.1.3.1. Increasing adoption of 5G infrastructures
5.1.3.2. Advancements in virtual routing and forwarding systems
5.1.4. Challenges
5.1.4.1. Security concerns of virtual environments
5.2. Market Segmentation Analysis
5.3. Market Trend Analysis
5.4. Cumulative Impact of High Inflation
5.5. Porter’s Five Forces Analysis
5.5.1. Threat of New Entrants
5.5.2. Threat of Substitutes
5.5.3. Bargaining Power of Customers
5.5.4. Bargaining Power of Suppliers
5.5.5. Industry Rivalry
5.6. Value Chain & Critical Path Analysis
5.7. Regulatory Framework
6. Virtual Routing & Forwarding System Market, by Component
6.1. Introduction
6.2. Service
6.3.1. Managed Services
6.3.2. Professional Services
6.3. Solution
6.4.1. Integrated Solution
6.4.2. Standalone Solution
7. Virtual Routing & Forwarding System Market, by Type
7.1. Introduction
7.2. BGP VRF
7.3. Multi-VRF
8. Virtual Routing & Forwarding System Market, by End-User
8.1. Introduction
8.2. Enterprises
8.3. Service Provider
8.4.1. Cloud
8.4.2. Data Center
8.4.3. Telecom
9. Americas Virtual Routing & Forwarding System Market
9.1. Introduction
9.2. Argentina
9.3. Brazil
9.4. Canada
9.5. Mexico
9.6. United States
10. Asia-Pacific Virtual Routing & Forwarding System Market
10.1. Introduction
10.2. Australia
10.3. China
10.4. India
10.5. Indonesia
10.6. Japan
10.7. Malaysia
10.8. Philippines
10.9. Singapore
10.10. South Korea
10.11. Taiwan
10.12. Thailand
10.13. Vietnam
11. Europe, Middle East & Africa Virtual Routing & Forwarding System Market
11.1. Introduction
11.2. Denmark
11.3. Egypt
11.4. Finland
11.5. France
11.6. Germany
11.7. Israel
11.8. Italy
11.9. Netherlands
11.10. Nigeria
11.11. Norway
11.12. Poland
11.13. Qatar
11.14. Russia
11.15. Saudi Arabia
11.16. South Africa
11.17. Spain
11.18. Sweden
11.19. Switzerland
11.20. Turkey
11.21. United Arab Emirates
11.22. United Kingdom
12. Competitive Landscape
12.1. FPNV Positioning Matrix
12.2. Market Share Analysis, By Key Player
12.3. Competitive Scenario Analysis, By Key Player
13. Competitive Portfolio
13.1. Key Company Profiles
13.1.1. Arista Networks, Inc.
13.1.2. Broadcom, Inc.
13.1.3. Cisco Systems, Inc.
13.1.4. D-Link Corporation
13.1.5. Hewlett Packard Enterprise Development LP
13.1.6. Huawei Technologies Co., Ltd.
13.1.7. International Business Machines Corporation
13.1.8. Juniper Networks, Inc.
13.1.9. MetricFire Corporation
13.1.10. NETGEAR, Inc.
13.1.11. Nokia Corporation
13.1.12. NVIDIA Corporation
13.1.13. Palo Alto Networks, Inc.
13.1.14. Plixer, LLC
13.1.15. Riverbed Technology, LLC
13.1.16. ZTE Corporation
13.2. Key Product Portfolio
14. Appendix
14.1. Discussion Guide
14.2. License & Pricing
FIGURE 1. VIRTUAL ROUTING & FORWARDING SYSTEM MARKET RESEARCH PROCESS
FIGURE 2. VIRTUAL ROUTING & FORWARDING SYSTEM MARKET SIZE, 2023 VS 2030
FIGURE 3. VIRTUAL ROUTING & FORWARDING SYSTEM MARKET SIZE, 2018-2030 (USD MILLION)
FIGURE 4. VIRTUAL ROUTING & FORWARDING SYSTEM MARKET SIZE, BY REGION, 2023 VS 2030 (%)
FIGURE 5. VIRTUAL ROUTING & FORWARDING SYSTEM MARKET SIZE, BY REGION, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 6. VIRTUAL ROUTING & FORWARDING SYSTEM MARKET DYNAMICS
FIGURE 7. VIRTUAL ROUTING & FORWARDING SYSTEM MARKET SIZE, BY COMPONENT, 2023 VS 2030 (%)
FIGURE 8. VIRTUAL ROUTING & FORWARDING SYSTEM MARKET SIZE, BY COMPONENT, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 9. VIRTUAL ROUTING & FORWARDING SYSTEM MARKET SIZE, BY TYPE, 2023 VS 2030 (%)
FIGURE 10. VIRTUAL ROUTING & FORWARDING SYSTEM MARKET SIZE, BY TYPE, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 11. VIRTUAL ROUTING & FORWARDING SYSTEM MARKET SIZE, BY END-USER, 2023 VS 2030 (%)
FIGURE 12. VIRTUAL ROUTING & FORWARDING SYSTEM MARKET SIZE, BY END-USER, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 13. AMERICAS VIRTUAL ROUTING & FORWARDING SYSTEM MARKET SIZE, BY COUNTRY, 2023 VS 2030 (%)
FIGURE 14. AMERICAS VIRTUAL ROUTING & FORWARDING SYSTEM MARKET SIZE, BY COUNTRY, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 15. UNITED STATES VIRTUAL ROUTING & FORWARDING SYSTEM MARKET SIZE, BY STATE, 2023 VS 2030 (%)
FIGURE 16. UNITED STATES VIRTUAL ROUTING & FORWARDING SYSTEM MARKET SIZE, BY STATE, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 17. ASIA-PACIFIC VIRTUAL ROUTING & FORWARDING SYSTEM MARKET SIZE, BY COUNTRY, 2023 VS 2030 (%)
FIGURE 18. ASIA-PACIFIC VIRTUAL ROUTING & FORWARDING SYSTEM MARKET SIZE, BY COUNTRY, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 19. EUROPE, MIDDLE EAST & AFRICA VIRTUAL ROUTING & FORWARDING SYSTEM MARKET SIZE, BY COUNTRY, 2023 VS 2030 (%)
FIGURE 20. EUROPE, MIDDLE EAST & AFRICA VIRTUAL ROUTING & FORWARDING SYSTEM MARKET SIZE, BY COUNTRY, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 21. VIRTUAL ROUTING & FORWARDING SYSTEM MARKET, FPNV POSITIONING MATRIX, 2023
FIGURE 22. VIRTUAL ROUTING & FORWARDING SYSTEM MARKET SHARE, BY KEY PLAYER, 2023

Download our eBook: How to Succeed Using Market Research

Learn how to effectively navigate the market research process to help guide your organization on the journey to success.

Download eBook
Cookie Settings