The global enterprise router market is anticipated to grow at a CAGR of 4.5 % during the forecast period. The technological advancements by market players are propelling the growth of the market during the forecast period. The market players are developing 5G wireless network solutions & Wi-Fi 6 as they optimize power consumption and coverage capabilities of a router with support for high-speed concurrent connections. Furthermore, new-generation connectivity includes lower overall latency and a high rate of data transmission. Thus, these benefits associated with the Wi-Fi 6 are expected to surge the market growth during the forecast period. For instance, in March 2022, Perle Systems, a global provider of advanced networking hardware announced the IRG7440 5G Router & Gateway that is certified for international operation. It is the only 5G Router that does not require an annual subscription or license fees to access features, maintain operations, or download software updates. All features and functionality are included in the base price of the product without additional costs or fees.
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Additionally, in August 2021, Cradlepoint, the global leader in cloud-delivered LTE and 5G wireless network edge solutions, is continuing its mission to enable businesses to connect beyond the limits of wired networks through the expansion of its second-generation 5G product portfolio. The Cradlepoint E3000 Series 5G Enterprise Router is the first enterprise-class router that provides businesses with fast, agile, secure, and resilient 5G connectivity for primary, failover, or SD-WAN use cases without traditional performance compromises.
Moreover, in February 2020, Xiaomi announced its new Wi-Fi 6 router, the Xiaomi AIoT AX3600 at the Xiaomi Mi 10. The company also revealed that the new router will be based on the Qualcomm Networking Pro 600 Wi-Fi 6 platform, which is essentially built for enterprise-grade routers. Xiaomi highlighted that the Mi AIoT AX3600 Wi-Fi ax router is the first to use an enterprise-grade platform for the consumer market.
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Market Coverage
- Segment Covered-
o By Type of Connectivity
o By Type of Port
o By End-Users
- Regions Covered-
o North America
o Europe
o Asia-Pacific
o Rest of the World
- Competitive Landscape- including Cisco Systems, Inc., Juniper Networks, Inc., and Hewlett Packard Enterprise, among others.
Key questions addressed by the report
- What is the market growth rate?
- Which segment and region dominate the market in the base year?
- Which segment and region will project the fastest growth in the market?
- How has COVID-19 impacted the market?
o Deviation from the pre-COVID-19 forecast
o Most affected region and segment
- Who is the leader in the market?
- How players are addressing challenges to sustain growth?
- Where is the investment opportunity?
Global Enterprise Router Market Report Segment
By Type of Connectivity
- Wired
- Wireless
By Type of Port
- Fixed
- Modular
By End-Users
- BFSI
- IT & Telecom
- Healthcare
- Retail
- Manufacturing
- Others
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1. We cover more than 15 major industries, further segmented into more than 90 sectors.
2. More than 120 countries are for analysis.
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