Top 5 Companies Dominating the Global Border Gateway Protocol Market

Cisco Systems, Inc., Huawei Technologies Co. Ltd., Arista Networks, Inc., ZTE Corporation, and Juniper Networks, Inc., among others, are the major players in the global border gateway protocol market.

The global border gateway protocol market is supported by the growth of the global enterprise networking market, which is expected to grow at a CAGR of 6.4% in the forecast period of 2022-2027. As per the analysis by Expert Market Research, the growing IT and telecom industry is driving the border gateway protocol market growth.

The surge in demand for secure information transferring protocols due to the rising population, growing urbanisation, and increasing internet penetration is augmenting the growth of the market. The increasing connections to a specific network amid the growing ownership of personal devices such as smartphones are also propelling the market growth. Technological advancements and the growing reliance on the internet are significantly boosting the demand for routing equipment, thereby aiding the border gateway protocol market.

Wireless network operators are increasingly focusing on covering broad public access areas, which is driving the demand for robust IT infrastructure and bolstering the market growth of border gateway protocol. As border gateway protocols ensure the stability of the network and separates the core and edge into two routing protocols, telecom operators offering internet services are deploying it to address the challenges associated with stable networks. The deployment of border gateway protocol also enhances the end-to-end quality of service and expands the enterprise markets to support multi-homed customers.

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Leading 5 Border Gateway Protocol Companies Across the Globe

Cisco Systems, Inc.

Cisco Systems is a major technology and software company that transforms infrastructure and secures the data of users. It aims to aid consumers to accelerate their digital agility in a cloud-first world. Its software revenue reached USD 15 billion in 2021. In August 2022, it partnered with the City of Fort Worth to offer free and expanded Wi-Fi accessibility in underserved neighbourhoods.

Huawei Technologies Co. Ltd.

Huawei Technologies is a leading smart devices and information and communication company in the world. With a presence in over 170 countries, it has an employee base of 195,000 and serves more than three billion people around the world. The company aims to address cybersecurity challenges while promoting sustainable development. It had invested over CNY 845 billion over the last decade.

Arista Networks, Inc.

Arista Networks is one of the major providers of client to cloud networking for campuses, routing environments, and large data centres. It serves over 800 consumers across industry verticals, including enterprise, media and entertainment, cloud titans, security, cloud specialised providers, and enterprise, among others. In 2020, it acquired Big Switch Networks to enhance its real-time and deep visibility and monitoring capabilities.

ZTE Corporation

ZTE Corporation is a leading information technology and telecommunications company. Its innovative products and services are used by consumers, governments, enterprises, as well as global operators. It serves around 25% of the world population in over 160 countries. By 2021, the company had 42,000 granted patents. With 11 state-of-the-art research and development centres across China, the company invests over 10% of its annual revenue in R&D activities.

Juniper Networks, Inc.

Juniper Networks is a cloud, AI networking, and connected security solutions provider. It offers innovative cybersecurity and networking solutions to cloud operators, service providers, and IT teams. Some of its most popular products are Mist AI & Cloud, Firewalls, Apstra System, Marvis Virtual Network Assistant, Paragon Automation, and Junos OS, among others. With 10,400 employees across 50 countries, the company supports some of the most prominent cloud and service providers, technology companies, retailers, banks, and universities. It generated a revenue of USD 4.7 billion in 2021.

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