Custom Virtual Router Market Size

Custom Virtual Router Market size was valued at USD 241.08 million in 2024 and is likely to cross USD 2.44 billion by 2037, registering more than 19.5% CAGR during the forecast period i.e., between 2025-2037. In the year 2025, the industry size of custom virtual router is estimated at USD 281.04 million.
 

Extensive research associated with virtual routers in western countries, along with the factors that contribute in the growth of the market comprise of reduction in capital expenditure and operating expenditure of the organizations and Improved network agility and efficient scale-out by service providers.

Additionally, the custom virtual router market's growth is majorly attributed to the increasing focus of end user's scalability of solutions while maintaining focus on cost reduction. The ease of scaling resources and the ability to quickly move routing functions within a network offered by these solutions fuel their adoption among the end-users. As 5G wireless gains traction in developing and developed economies and enterprises move towards vCPE, solid growth of the market can be expected over the projected period.