Virtual Router Market by Component (Service and Solution (Stand-alone and Integrated)), End-User (Enterprises and Service Provider (Data Center, Telecom, and Cloud)), Type (Custom and Predefined), and Region – 2022 to 2027


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The global virtual router market size is expected to reach USD 375 million by 2024, growing at a CAGR of 22.6% during the forecast period. The growing demand for network providers and telecom services providers to cope with increasing network requirements is driving demand for SDN and NFV solutions.