India Router Market to Reach USD548.02 Million by 2020, Reports TechSci Research Study

BURNABY, Canada, March 26, 2015 /PRNewswire/ --

Rising datacenter build outs, anticipated 4G rollout and increasing penetration of cloud computing and Big Data solutions to boost router demand in India over the coming years 

According to recently published report by TechSci Research "India Router Market Forecast & Opportunities, 2020", the router market in India is projected to reach USD548.02 million by 2020. The market has been experiencing significant growth owing to rising datacenter buildouts, and rising penetration of cloud computing and big data solutions. Indian consumers are increasingly shifting towards smartphones and laptops are also driving growth in the market. The anticipated 4G services rollout and shared last mile FTTx are also likely to drive router market in the long run.

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The government, on its part, is contributing to market growth in the form of investments in projects like National Optical fiber Network (NOFN) project and National Fiber Spectrum (NFS). Increasing popularity of social networking among enterprises and other users is a prime reason for its impact on the networking market. The current trend is expected to continue in addition to the wireless backhaul, a strong driver for router deployment over the forecast period.

"Within the enterprise segment, Manufacturing and Natural Resources, and BFSI sectors are amongst the leading contributors to router market in India. With more industry verticals looking forward to strengthen their networking capabilities, market for routers is poised towards significant expansion over the coming years. Considering the rise in competition, businesses need seamless flow of information across their networks to enhance productivity throughout the entire supply chain. As a result, India would surely witness a large number of router deployments over the coming years.", said Mr. Karan Chechi, Research Director with TechSci Research, a research based global management consulting firm.

"India RouterMarket Forecast & Opportunities,2020" has evaluated the future growth potential of the router market in India. The report provides statistics and information on market structure, size, segmental analysis, etc. In addition, the report also includes market projections and demand forecasting. The report is intended to provide cutting-edge market intelligence and deeper insights to decision makers willing to invest in the market. Besides, the report also identifies and analyzes the emerging trends along with essential drivers, challenges and opportunities prevailing in the India router market.

About TechSci Research 

TechSci Research is a global market research and consulting company with offices in Canada, UK and India. TechSci Research provides market research consulting services in six verticals - Information Technology, Chemicals, Water & Water Recycling, Consumer Goods & Retail, Automotive and Energy & Power. The company uses proprietary innovative business model that focuses on improved productivity that also ensure the creation of high-quality reports. With more than 100 client engagements with fortune 500 clients, TechSci Research enjoys the status of a premium market research services provider in the industry.

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