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The border gateway protocol is very useful for the internet service providers which is propelling its market demand. The border gateway protocol enhances the stability of network as its separates the core and edge into two routing protocols. The deployment of border gateway protocol also allows end to end quality of service and expand the enterprise markets to support the multi-homed customers. The border gateway protocol can allow optimal routing across an autonomous system. This can check the denial-of-service attacks on the network deploying border gateway protocol. All these advantages lead to burgeoning of the demand for the border gateway protocol industry.
The telecom and IT segment are anticipated to have significant growth in the end users of border gateway protocol market. The reason is the growing internet usage across the world. The developing nations have rising population who are having increasing exposure to the internet. The increasing disposable income of the people in countries such as India is leading to rising consumption of internet services. The challenge for stable network for the telecom companies providing internet services can be handled with the help of border gateway protocol. This will accelerate the demand from telecom and IT end user segment.
The enterprise networking market is primarily driving the border gateway market. In February 2021, Cisco Systems, Inc (NASDAQ: CSCO) announced partnership with Comcast business to expand the VPN solution. The VPN solution was designed to support enterprise customers by providing the remote workforce with secure and high-speed internet connection. This announcement will boost the market for border gateway protocol in the wake of coronavirus pandemic where remote workforce is expanding.
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The major players in the global border gateway protocol market are Cisco Systems, Inc., Huawei Technologies Co. Ltd., Arista Networks, Inc., ZTE Corporation and Juniper Networks, Inc. among others. The comprehensive report by EMR looks into the market share, capacity, and latest developments like mergers and acquisitions, plant turnarounds, and capacity expansions of the major players.
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