Key Custom Virtual Router Market Players:
- Cisco Systems, Inc.
- Company Overview
- Business Strategy
- Key Product Offerings
- Financial Performance
- Key Performance Indicators
- Risk Analysis
- Recent Development
- Regional Presence
- SWOT Analysis
- Huawei Technologies Co., Ltd.
- Juniper Networks, Inc.
- Ericsson AB
- Nokia Corporation
- Arista Networks, Inc.
- Dell Technologies, Inc.
- ZTE Corporation
- NEC Corporation
- Samsung Electronics Co., Ltd.
- HPE (Hewlett Packard Enterprise)
- Riverbed Technology, Inc.
- TP-Link Technologies Co., Ltd.
- Extreme Networks, Inc.
- Radwin Ltd.
The custom virtual router market is competitive, as both new as well as established networking firms are fighting to secure market share. Strong market presence is secured by key players Cisco Systems, Inc., Juniper Networks, Inc., and Huawei Technologies Co., Ltd. as a result of rich portfolios of products as well as global presence. The players are further developing and enhancing virtual routing solutions to meet customers' shifting needs. The market remains competitive in view of strategic partnerships, acquisitions, as well as importance gauged by firms in terms of research and development.
New market entrants and open-source solutions are also becoming popular in the market, offering more cost-effective and flexible solutions compared to legacy vendor solutions. The increase in open networking standard adoption and rising interest in disaggregated networking solutions is creating new opportunities for new vendors as well as new market entrants. The market also experiences more competition due to cloud service providers, establishing native networking services, and offering integrated virtual routing functions. In November 2023, Ericsson AB expanded its Router 6000 family by releasing a high-capacity, compact router that works best while being deployed in 5G RAN. The hardware launch contains innovative connectivity along with more efficient transport, and it is intended to support network slicing and AI/ML-based automation.
Here are some leading companies in the custom virtual router market.
