Router and Switch Market Booming Worldwide with Latest Trend and Future Scope by 2030

The global router and switch market is anticipated to grow at a CAGR of more than 4% during the forecast period. Routers and switches are the basic elements of any network communication technology. Rising awareness regarding IP TV, multiservice networking and ethernet technologies, is expected to offer impetus to the demand for routers and switches during the forecast period. The growing adoption of these products through different verticals on account of a larger investment in IoT technologies is significantly contributing to the growth of the market during the forecast period. Mobile data traffic is expected to surge during the forecast period due to the growing number of devices over the network accompanied through faster network deployed through the operators.

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The Ethernet access segment is significantly growing during the forecast period as Ethernet technology is largely preferred access service owing to large performance and cost benefits. The service providers in the market are providing WAN Ethernet services at reasonable pricing plans to aids customers to connect to their sites along with plug-and-play Ethernet connections. It also enables them to avoid congestion experienced on multiprotocol label switching networks.  Based on end-users, the market is segmented into travel & transport, energy & power, manufacturing, communication & technology, healthcare, military & defense, and others.

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  • Market Coverage
  • Market number available for – 2024-2030
  • Base year- 2023
  • Forecast period- 2024-2030
  • Segment Covered- By Source, By Product Type, By Applications
  • Competitive Landscape- Archer Daniels Midland Co., Ingredion Inc., Kerry Group Plc, Cargill
  • , and others

Market Segmentation

Global Router and Switch Market by Product Type

  • Internet Exchange Router
  • ATM Switch
  • Service provider Core Router
  • Ethernet Service Edge Router
  • Multiservice Edge Router

Global Router and Switch Market by Services 

  • Ethernet Aggregation
  • Broadband Remote Access Server (BRAS)
  • Ethernet Access
  • Internet Data Center

Global Router and Switch Market by End-User

  • Travel & Transport
  • Energy & Power
  • Manufacturing
  • Communication & Technology
  • Healthcare
  • Military & Defense
  • Others

Regional Analysis

  • North America
  • US
  • Canada
  • Europe
  • UK
  • Germany
  • Italy
  • Spain
  • France
  • Rest of Europe
  • Asia-Pacific
  • China
  • India
  • Japan
  • Rest of Asia-Pacific
  • Rest of the World

Company Profiles

  • Actelis Networks, Inc.
  • ADTRAN, Inc.
  • Alcatel-Lucent S.A. (Nokia Corp.)
  • Arista Networks, Inc.
  • Broadcom, Inc.
  • Cisco Systems, Inc.
  • Dell Technologies, Inc.
  • Extreme Networks, Inc.
  • Huawei Technologies Co., Ltd.
  • Infinera Corp.
  • Juniper Networks, Inc.
  • NEC Corp.
  • Ribbon Communications Operating Company, Inc.
  • Siemens AG
  • Telco Systems (A BATM Company)
  • TelefonaktiebolagetLM Ericsson
  • Tellabs, Inc.
  • ZTE Corp.

The Report Covers

  • Market value data analysis of 2018 and forecast to 2025.
  • Annualized market revenues ($ million) for each market segment.
  • Country-wise analysis of major geographical regions.
  • Key companies operating in the global router and switch market. Based on the availability of data, information related to pipeline products, and relevant news is also available in the report.
  • Analysis of business strategies by identifying the key market segments positioned for strong growth in the future.
  • Analysis of market-entry and market expansion strategies.
  • Competitive strategies by identifying ‘who-stands-where’ in the market.

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