TECH SUPPLIER May 2022 - Market Forecast - Doc # US49137222
Worldwide Carrier Routing Equipment Forecast, 2022–2026: SP Routing Market Will Grow at a Healthy Pace After Rebound in 2021
This IDC study presents the worldwide market forecast for carrier routing network equipment for 2022–2026. Carrier routing network equipment sales to carrier SPs are forecast to grow from $12.2 billion in 2021 to $14.6 billion by the end of 2026 at a CAGR of 3.7%.
"IDC expects the carrier routing equipment market to continue to grow over the next five years driven by the steady investment by service providers in the higher-bandwidth routing technologies to address the growing and flexible network capacity needs." — says Ajeet Das, research director, Carrier Network Infrastructure, IDC
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