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Border Gateway Protocol (BGP) Market to Record an Exponential CAGR by 2025

Border Gateway Protocol (BGP) Market: Introduction

Border Gateway Protocols is a routing protocol that facilitates transferring of data or information across host or gateways; the host can be in same or different autonomous systems. Border Gateway Protocol is a kind of Path vector that maintains routes of various host/gateways and assist in routing decision making.

BPG provides assistance for Classless Inter domain Routing (CIDR), which helps in allocating IP addresses, owing to which, connection with internet devices can easily established.

Border Gateway Protocol (BGP) Market: Drivers and Restraints

Rapid urbanization and raising usage of internet are coupled together to increase the demand for secure information transferring protocols, which is anticipated to be the major drivers for the market growth. For communicating purpose, companies are developing efficient IT infrastructure, this is one of the crucial factor for the development of the industry. On the other hand, complexity in installation of routing devices as well as high maintenance cost may act as a restraint for the Border Gateway Protocol (BGP) market.

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With emerging utility of smart devices over the recent years, number of connections to a particular network has risen. Technological advancement and changing lifestyles has encouraged consumers to use internet anywhere and anytime through various, resulting into higher usage of internet. Increase usage of internet is working as opportunity to expand the demand of routing devices .In the recent past, wireless network providers have been focused on covering the large public access areas, therefore to facilitate the    demand IT infrastructure is required, which is directly influencing the growth of the industry. 

Border Gateway Protocol (BGP) Market: Segmentation

Border Gateway Protocol (BGP) market is segmented on the basis of types, application, and region

On the basis of types, the Border Gateway Protocol (BGP) market can be segmented into two Interior Border Gateway Protocol (IBGP), Exterior Border Gateway Protocol (EBGP).

IBGP are used by single enterprise and run between two peers in the same autonomous system. Whereas EBGP are used by service providers and runs between different autonomous systems.

On the basis of vertical, the Border Gateway Protocol (BGP) market can be segmented into education, BFSI, manufacturing, telecom and IT, energy, healthcare and life sciences, public sector & utilities, and retail.

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Regionally, Border Gateway Protocol (BPG) market can be segmented into North America, Latin America, Eastern Europe, Western Europe, Asia Pacific excluding Japan, Japan, and Middle East and Africa.

Border Gateway Protocol (BGP) Market: Regional Outlook

Border Gateway Protocol (BGP) market is dominated by the North America, and Western Europe region. North America has a wide presence of key internet service providers, as well as U.S. is considered as the high adopter of connected technology. Asia Pacific Excl. Japan as well as Japan region is expected to witness a significant growth in the Border Gateway Protocol (BGP) market. High growth of APEJ is attributed to increase in number of internet subscribers and growing development of commercial IT infrastructure in the region. Eastern Europe and Latin America is expected to see a moderate growth rate in the distributed antenna systems market.

Border Gateway Protocol (BGP) Market: Competition Landscape

CISCO, Juniper Network, Symantec, Hewlett-Packard, IBM, Aaya, Huawei, Polycom, Aruba, Dell, Alcatel-Lucent, Riverbed, Tivo, Arista, Palo Alto Network, and Checkpoint are the key competitors of Border Gateway Protocol market.

The report covers exhaustive analysis on: Border Gateway Protocol (BGP) market Segments Border Gateway Protocol (BGP) market Dynamics Historical Actual Market Size, 2014 – 2016 Border Gateway Protocol (BGP) market Size & Forecast 2017 to 2027 Supply & Demand Value Chain Border Gateway Protocol (BGP) market Current Trends/Issues/Challenges Competition & Companies involved Technology Value Chain Border Gateway Protocol (BGP) market Drivers and Restraints

Regional analysis for Border Gateway Protocol (BGP) market includes North America US & Canada Latin America Brazil, Argentina & Others Western Europe EU5 Nordics Benelux Eastern Europe Russia Poland Rest of Eastern Europe Asia Pacific Australia and New Zealand (ANZ) Greater China India ASEAN Rest of Asia Pacific Japan Middle East and Africa GCC Countries Other Middle East North Africa South Africa Other Africa

The report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain. The report provides in-depth analysis of parent market trends, macro-economic indicators and governing factors along with market attractiveness as per segments. The report also maps the qualitative impact of various market factors on market segments and geographies.

Report Highlights: Detailed overview of parent market Changing market dynamics of the industry In-depth market segmentation Historical, current and projected market size in terms of value Recent industry trends and developments Competitive landscape Strategies of key players and product offerings Potential and niche segments/regions exhibiting promising growth A neutral perspective towards market performance Must-have information for market players to sustain and enhance their market footprint

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