Global Border Gateway Protocol (BGP) Market Overview:
Border Gateway Protocol (BGP) is the postal assistance of the Internet, liable for looking at all of the accessible ways that information could travel and picking the best way when somebody submits information across the Internet. In other words, it is a way designed to exchange routing and reachability data among autonomous systems on the Internet. BGP is the protocol that enables communication to happen quickly and efficiently for Classless Inter-Domain Routing (CIDR), which helps to assign IP addresses so that links to internet devices can be easily created. Presently, BGP has extended its uniqueness of conveying web reachability information and convey routes for multicast, IPv6, VPNs, and an assortment of different information. The main characteristics of BGP are Inter-autonomous System Configuration allows it to make two autonomous systems to communicate, supports the next-hop paradigm, and provides coordination among multiple BGP within an autonomous system.
Growth Drivers
- Rising urbanization and usage of the internet
- Growing development of efficient IT infrastructure
Roadblocks
- The complex process of installation of routing devices
- Higher cost of owned and installation of advanced IT mechanism
Opportunities
- Increase in usage of internet rising demand for routing devices
- Development of strong network in rural areas and increase large public access areas
Challenges
- High cost of technology infrastructure maintenance and repairing
- Reducing the different safety and security-related concerns
Competitive Landscape:
The leading players in the market, to avail competitive advantage, develop new creation of commercial IT infrastructure to deliver improved, consistent user experiences. Companies in the market trying to create a niche technology innovation that increased demand for secure, reliable connectivity, and this has led to the development of infrastructure in need of simplification.
Some of the key players profiled in the report are Symantec (United States), Hewlett-Packard (United States), IBM (United States), Huawei (China), Polycom (United States), CISCO (United States), Juniper Network (United States), Aruba Network (United States), Dell (United States) and Alcatel-Lucent (France). Additionally, following companies can also be profiled that are part of our coverage like Riverbed (United States), Tivo (United States), Arista (Unites States), Palo Alto Network (United States) and Checkpoint (Israel). Analyst at AMA Research see United States Players to retain maximum share of Global Border Gateway Protocol (BGP) market by 2027.
Considering Market by , the sub-segment i.e. will boost the Border Gateway Protocol (BGP) market.On 6 July 2021, Juniper Networks, a leader in secure, AI-driven networks, and NEC, a leading global integrator of IT and network technologies build a new network for herotel to create South Africa’s first commercial network driven by segment routing. This innovation and investment provide a superior user experience that can be tailored to regional requirements.
What Can be Explored with the Border Gateway Protocol (BGP) Market Study
Gain Market Understanding
Identify Growth Opportunities
Analyze and Measure the Global Border Gateway Protocol (BGP) Market by Identifying Investment across various Industry Verticals
Understand the Trends that will drive Future Changes in Border Gateway Protocol (BGP)
Understand the Competitive Scenario
- Track Right Markets
- Identify the Right Verticals
Research Methodology:
The top-down and bottom-up approaches are used to estimate and validate the size of the Global Border Gateway Protocol (BGP) market.
In order to reach an exhaustive list of functional and relevant players various industry classification standards are closely followed such as NAICS, ICB, SIC to penetrate deep in important geographies by players and a thorough validation test is conducted to reach most relevant players for survey in Border Gateway Protocol (BGP) market.
In order to make priority list sorting is done based on revenue generated based on latest reporting with the help of paid databases such as Factiva, Bloomberg etc.
Finally the questionnaire is set and specifically designed to address all the necessities for primary data collection after getting prior appointment by targeting key target audience that includes IT Industry, Private Research Institutions, Industrial Associations, Government Research Institutions and Telecom Network Providers.
This helps us to gather the data related to players revenue, operating cycle and expense, profit along with product or service growth etc.
Almost 70-80% of data is collected through primary medium and further validation is done through various secondary sources that includes Regulators, World Bank, Association, Company Website, SEC filings, OTC BB, USPTO, EPO, Annual reports, press releases etc.