Press Release

As the novel coronavirus (COVID-19) continues to spread across the world, our analysts are constantly tracking the impact of this rapidly evolving situation on the markets and the consumer purchase behaviours. Thus, our latest estimates and analysis about the current market trends and forecast will exhaustively reflect the effects of this emerging pandemic.

Global Border Gateway Protocol Market to be Driven by the Global Enterprise Networking Market, Which is Likely to Grow at a CAGR of 6.4% During 2021-2026

According to a new report by EMR titled, ‘Global Border Gateway Protocol Market Report and Forecast 2021-2026’, the global market for border gateway protocol is driven by the global enterprise networking market growing at a CAGR of 6.4% in the forecast period of 2021-2026.

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.

Market Analysis by Type, End-Uses and Regions:

  • The types of border gateway protocol are internal BGP and external BGP.
  • The end users of the industry are education, BFSI, manufacturing, telecom and IT, energy, healthcare and life sciences, public sector and utilities and retail, among others.
  • The regional markets for border gateway protocols include North America, Europe, Asia Pacific, Latin America, and the Middle East and Africa.

Key Findings of the Report:

  • The increasing penetration of internet services is driving the demand for border gateway protocol.
  • The rising usage of smart devices is fuelling the growth of the industry.
  • The growing population and increasing disposable income will augment the market demand.
  • The advantage of stability of network with border gateway protocol deployment is boosting the industry growth.

Key Offerings of the report:

  • The EMR report gives an overview of the global border gateway protocol industry for the periods (2016-2020) and (2021-2026).
  • The report also offers the historical (2016-2020) and forecasted (2021-2026) markets for the type, end use and major regions of border gateway protocol industry. 
  • The report analyses the market dynamics, covering the key demand and price indicators in the market, along with providing an assessment of the SWOT and Porter’s Five Forces models.

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.

About Us:

Expert Market Research (EMR) is a leading market research and business intelligence company, ensuring its clients remain at the vanguard of their industries by providing them with exhaustive and actionable market data through its syndicated and custom market reports, covering over 15 major industry domains. The company's expansive and ever-growing database of reports, which are constantly updated, includes reports from industry verticals like chemicals and materials, food and beverages, energy and mining, technology and media, consumer goods, pharmaceuticals, agriculture, and packaging.

EMR leverages its state-of-the-art technological and analytical tools, along with the expertise of its highly skilled team of over a 100 analysts and more than 3000 consultants, to help its clients, ranging from Fortune 1000 companies to small and medium sized enterprises, easily grasp the expansive industry data and help them in formulating market and business strategies, which ensure that they remain ahead of the curve.

Contact Us:

Expert Market Research
Website: www.expertmarketresearch.com
Email: sales@expertmarketresearch.com
US & Canada Phone no: +1-415-325-5166
UK Phone no: +44-702-402-5790

*We at Expert Market Research always thrive to give you the latest information. The numbers in the article are only indicative and may be different from the actual report.

Why Expert Market Research?

RIGHT PEOPLE

We are technically excellent, strategic, practical, experienced and efficient; our analysts are hand-picked based on having the right attributes to work successfully and execute projects based on your expectations.

RIGHT METHODOLOGY

We leverage our cutting-edge technology, our access to trusted databases, and our knowledge of the current models used in the market to deliver you research solutions that are tailored to your needs and put you ahead of the curve.

RIGHT PRICE

We deliver in-depth and superior quality research in prices that are reasonable, unmatchable, and shows our understanding of your resource structure. We, additionally, offer attractive discounts on our upcoming reports.

RIGHT SUPPORT

Our team of expert analysts are at your beck and call to deliver you optimum results that are customised to meet your precise needs within the specified timeframe and help you form a better understanding of the industry.

Similar Reports

Global GPON Market Report and Forecast 2021-2026


Global Power over Ethernet Solutions Market Report and Forecast 2021-2026


Global Unified Communications Market Report and Forecast 2021-2026


Global 5G Infrastructure Market Report and Forecast 2021-2026


Global Virtual Router Market Report and Forecast 2021-2026


NEWSLETTER