TECH SUPPLIER May 2021 - Market Forecast - Doc # US46613221
Worldwide Carrier Routing Equipment Forecast, 2021–2025: SP Routing Market Will Maintain Long-Term Healthy Growth Trajectory
This IDC study presents the worldwide market forecast for carrier routing network equipment for 2021–2025. Carrier routing network equipment sales to carrier SPs are forecast to grow from $11.3 billion in 2020 to $14.4 billion by the end of 2025 at a CAGR of 4.9%.
"IDC expects the carrier routing equipment market to display healthy growth over the next five years driven by the steady investment by service providers in the emerging technology to evolve their network architecture to address the growing and flexible network capacity needs." — says Ajeet Das, research director, Carrier Network Infrastructure, IDC
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