TECH SUPPLIER May 2020 - Market Forecast - Doc # US45990820

Worldwide Carrier Routing Equipment Forecast, 2020–2024: Despite Expected Near-Term COVID-19 Weakness, Expect Long-Term SP Routing Long-Term Trajectory to Be Maintained

By: Rajesh GhaiResearch Director, Carrier Network Infrastructure, Petr JirovskyResearch Director, Network Infrastructure

Abstract

This IDC study presents the worldwide market forecast for carrier routing network equipment for 2019–2024. Carrier routing network equipment sales to carrier SPs are forecast to grow from $11.7 billion in 2019 to $14.1 billion by the end of 2024 at a CAGR of 3.9%.

"Despite likely near-term COVID-19-related impacts, IDC expects the carrier routing equipment market to display healthy growth over the next five years considering the belief that long-term trends driving the market such as the 5G buildout and the move of application traffic to the Cloud are unlikely to relent and service providers will need to add network capacity long-term to address expected network bandwidth growth." — says Rajesh Ghai, research director, Carrier Network Infrastructure, IDC


Coverage

Content


Get More

When you purchase this document, the purchase price can be applied to the cost of an annual subscription, giving you access to more research for your investment.



Related Links

Do you have questions about this document
or available subscriptions?

Contact Us