target audience: TECH SUPPLIER Publication date: May 2022 - Document type: Market Forecast - Doc Document number: # US49137222
Worldwide Carrier Routing Equipment Forecast, 2022–2026: SP Routing Market Will Grow at a Healthy Pace After Rebound in 2021
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Abstract
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