Internet Transit market was valued at US$ xx Mn in 2019 is expected to reach US$ xx Mn by the end of 2026 at a CAGR of 6.1% from 2020 to 2026.
The Internet is a network of networks and to get connected to the Internet, an entity must attach itself to an entity that is already connected to the Internet. It usually accomplishes this connection by purchasing a service called "Internet Transit”. Internet Transit is the business relationship whereby an Internet Service Provider provides (usually sells) access to the global Internet. An Internet Service Provider (ISP), also called a “Transit Provider,” is an entity that provides (usually sells) access to the Internet. The primary business of an Internet Service Provider is to market, sell, and operate the Internet Transit service described next. Customers connect their networks to their Transit Provider, and the Transit Provider does the rest.