DUBLIN--(BUSINESS WIRE)--Research and Markets(http://www.researchandmarkets.com/research/a516bc/global_mpls_networ) has announced the addition of the "Global MPLS Network Equipment Market 2010-2014" report to their offering.
TechNavio analysts forecast that the Global MPLS Network Equipment market will reach 17.0 billion in 2014. One of the key factors contributing to this market growth is the improved QoS. However, increasing security threats could be a challenge to the growth of this market.
The Global MPLS Network Equipment market has also been witnessing the increased adoption of this solution by public safety agencies. Key vendors dominating this market space include Alcatel-Lucent, Brocade Communications Systems, Cisco Systems, Huawei, and Juniper Network.
TechNavio's report, Global MPLS Network Equipment Market 2010-2014, has been prepared based on in-depth qualitative and quantitative analysis of the market with inputs from industry experts. The report focuses on the current market scenario, future outlook, and profiles of key vendors.
Key Questions Answered in This Report:
- What will the market size be in 2014 and at what rate will it grow?
- What key trends will this market witness?
- What are the key factors driving market growth?
- What are the challenges to market growth?
- Who are the key vendors in this market space?
- What are the opportunities and threats faced by each of these key vendors?
- What are the strengths and weaknesses of each of these key vendors?
Research conducted by TechNavio reveals that the Multiprotocol Label Switching (MPLS) market is expected to grow at a CAGR of 18.2 percent. The report, which focuses on Americas, EMEA, and APAC, indicates that the market is currently driven by the increased demand for secure networks.
The address of the edge router can be concealed for security reasons with the help of static routing between edge and core routers. This makes MPLS a popular option for secure networking which is driving the overall MPLS network equipment market, report TechNavio analysts.
In spite of the demand for MPLS, rogue path switching concerns hinder the growth of this market. However, the cost saving enabled by this technology are expected to promote the growth of this market.
The Global MPLS market is marked by a number of public safety networks migrating to MPLS. This makes the study an important one for companies to fully understand the potential in the market and formulate their own strategy.
The report, Global MPLS Network Equipment Market 2010-2014, is based on extensive research and inputs from industry experts, vendors, and end users. It examines the factors impacting the evolution of this market, including the key trends, drivers, and challenges. Further, it contains an in-depth understanding of the key vendors including a SWOT analysis for each vendor.
Companies Mentioned:
- Cisco Systems
- Juniper Networks
- Huawei Technologies Co. Ltd
- Alcatel-Lucent
- Brocade Communications Systems
For more information visit http://www.researchandmarkets.com/research/a516bc/global_mpls_networ