Global Router And Switch Market Size, Share, Opportunities, COVID 19 Impact, And Trends By Product Type (Internet Exchange Router, Ethernet Service Edge Router, ATM Switch, Multiservice Edge Router, Service Provider Core Router), By End-User Industry (Travel And Transport, Communication And Technology, Energy And Power, Military And Defense, Manufacturing, Healthcare, Others), And By Geography - Forecasts From 2019 To 2024

Published:  May 2021 Report Code: KSI061610958 Pages: 121

The global router and switch market is estimated to witness a compound annual growth rate of 2.48% during the forecast period to reach a total market size of US$35.484 billion by 2023, increasing from US$30.640 billion in 2017. Routers and switches form the basic element of any network. Growing awareness about IP TV, ethernet technologies, and multiservice networking is anticipated to provide the necessary impetus to the demand for routers and switches over the forecast period. Increasing adoption of these products by various verticals on account of higher investments in IoT technologies is also contributing to the market growth. This research study examines the current market trends related to demand, supply, and sales, in addition to the recent developments. Major drivers, restraints, and opportunities have been covered to provide an exhaustive picture of the market. The analysis presents in-depth information regarding the development, trends, and industry policies and regulations implemented in each geographical region. Further, the overall regulatory framework of the market has been exhaustively covered to offer stakeholders a better understanding of the key factors affecting the overall market environment.

Identification of key industry players in the industry and their revenue contribution to the overall business or relevant segment aligned to the study have been covered as a part of competitive intelligence done through extensive secondary research. Various studies and data published by industry associations, analyst reports, investor presentations, press releases and journals among others have been taken into consideration while conducting the secondary research. Both bottom-up and top-down approaches have been utilized to determine the market size of the overall market and key segments. The values obtained are correlated with the primary inputs of the key stakeholders in the router and switch market value chain. The last step involves complete market engineering which includes analyzing the data from different sources and existing proprietary datasets while using various data triangulation methods for market breakdown and forecasting. Market intelligence is presented in the form of analysis, charts, and graphics to help the clients in gaining a faster and more efficient understanding of the global radio modem market.

Major industry players profiled as part of the report are Cisco Systems, Siemens, ZTE Corporation, Huawei Technologies Co., Ltd., Dell, and Nokia among others.

Global Router And Switch Market Scope:

Report Metric Details
 Market size value in 2017  US$30.640 billion
 Market size value in 2023  US$35.484 billion
 Growth Rate  CAGR of 2.48% from 2017 to 2023
 Base year  2017
 Forecast period  2019–2024
 Forecast Unit (Value)  USD Billion
 Segments covered  Product Type, End-User Industry, And Geography
 Regions covered  North America, South America, Europe, Middle East and Africa, Asia Pacific
 Companies covered Cisco Systems, Siemens, Telco Systems, ZTE Corporation, Juniper Networks, Inc., RAD Data Communications Ltd., Huawei Technologies Co., Ltd., Avaya Inc, Phoenix Contact, ADTRAN, ECI Telecom, Extreme Networks, Inc., Dell, Inc., Nokia
 Customization scope  Free report customization with purchase

 

Segmentation

In the report, the global router and switch market has been segmented by product type, end-user industries, and geography

By Product Type

Internet Exchange Router

Ethernet Service Edge Router

ATM Switch

Multiservice Edge Router

Service Provider Core Router

 

By End-User Industry

Travel and Transport

Communication and Technology

Energy and Power

Military and Defense

Manufacturing

Healthcare

Others

 

By Geography

North America

United States

Canada

Mexico

South America

Brazil

Others

 

Europe

United Kingdom

Germany

France

Spain

Others

 

Middle East and Africa (MEA)

 

Asia Pacific (APAC)

China

Japan

India

South Korea

 

Others


Frequently Asked Questions (FAQs)

Q1. What will be the router and switch market size by 2023?
A1. The router and switch market is estimated to reach a total market size of US$35.484 billion by 2023.


Q2. What is the size of global router and switch market?
A2. Router And Switch market was valued at US$30.640 billion in 2017.


Q3. What are the growth prospects for the router and switch market?
A3. The router and switch market is estimated to witness a CAGR of 2.48% during the forecast period.


Q4. Who are the major players in the router and switch market?
A4. Major industry players profiled as part of the router and switch market report are Cisco Systems, Siemens, ZTE Corporation, Huawei Technologies Co., Ltd., Dell, and Nokia among others.


Q5. What factors are anticipated to drive the In router and switch market growth?
A5. Growing awareness about IP TV, ethernet technologies, and multiservice networking is anticipated to provide the necessary impetus to the demand for routers and switches over the forecast period.

1. Introduction
1.1. Market Definition
1.2. Scope of the Study
1.3. Currency
1.4. Assumptions
1.5. Base, and Forecast Years Timeline
2. Research Methodology
2.1. Research Design
2.2. Secondary Sources
2.3. Validation
3. Key Findings of the Study
4. Market Dynamics
4.1. Drivers
4.2. Restraints
4.3. Opportunities and Market Trends
4.4. Market Segmentation
4.5. Porter’s Five Forces Analysis
4.5.1. Bargaining Power of Suppliers
4.5.2. Bargaining Power of Buyers
4.5.3. Threat of New Entrants
4.5.4. Threat of Substitutes
4.5.5. Competitive Rivalry in the Industry
4.6. Industry Value Chain Analysis
4.7. Industry Regulations
5. Global Router and Switch Market Forecast by Product Type 
5.1. Introduction
5.2. Internet Exchange Router
5.3. Ethernet Service Edge Router
5.4. ATM Switch
5.5. Multiservice Edge Router
5.6. Service Provider Core Router
6. Global Router and Switch Market Forecast by End-User Industry 
6.1. Introduction
6.2. Travel and Transport
6.3. Communication and Technology
6.4. Energy and Power
6.5. Military and Defense
6.6. Manufacturing
6.7. Healthcare
6.8. Others
7. Global Router and Switch Market Forecast by Geography
7.1. Introduction
7.2. North America
7.2.1. United States
7.2.2. Canada
7.2.3. Mexico
7.3. South America
7.3.1. Brazil
7.3.2. Others
7.4. Europe
7.4.1. United Kingdom 
7.4.2. Germany
7.4.3. France
7.4.4. Spain
7.4.5. Others
7.5. Middle East and Africa (MEA)
7.6. Asia Pacific (APAC)
7.6.1. China
7.6.2. Japan
7.6.3. India
7.6.4. South Korea
7.6.5. Others
8. Competitive Intelligence
8.1. Market Share Analysis
8.2. Strategies of Key Players
8.3. Recent Investments and Deals
9. Company Profiles
9.1. Cisco Systems
9.1.1. Overview
9.1.2. Financials
9.1.3. Products and Services
9.1.4. Key Developments
9.2. Siemens 
9.2.1. Overview
9.2.2. Financials
9.2.3. Products and Services
9.2.4. Key Developments
9.3. Telco Systems
9.3.1. Overview
9.3.2. Financials
9.3.3. Products and Services
9.3.4. Key Developments
9.4. ZTE Corporation
9.4.1. Overview
9.4.2. Financials
9.4.3. Products and Services
9.4.4. Key Developments
9.5. Juniper Networks, Inc.
9.5.1. Overview
9.5.2. Financials
9.5.3. Products and Services
9.5.4. Key Developments
9.6. RAD Data Communications Ltd.
9.6.1. Overview
9.6.2. Financials
9.6.3. Products and Services
9.6.4. Key Developments
9.7. Avaya Inc
9.7.1. Overview
9.7.2. Financials
9.7.3. Products and Services
9.7.4. Key Developments
9.8. Huawei Technologies Co., Ltd.
9.8.1. Overview
9.8.2. Financials
9.8.3. Products and Services
9.8.4. Key Developments
9.9. Phoenix Contact
9.9.1. Overview
9.9.2. Financials
9.9.3. Products and Services
9.9.4. Key Developments
9.10. ADTRAN
9.10.1. Overview
9.10.2. Financials
9.10.3. Products and Services
9.10.4. Key Developments
9.11. ECI Telecom
9.11.1. Overview
9.11.2. Financials
9.11.3. Products and Services
9.11.4. Key Developments
9.12. Extreme Networks, Inc.
9.12.1. Overview
9.12.2. Financials
9.12.3. Products and Services
9.12.4. Key Developments
9.13. Dell, Inc.
9.13.1. Overview
9.13.2. Financials
9.13.3. Products and Services
9.13.4. Key Developments
9.14. Alcatel- Lucent Enterprises
9.14.1. Overview
9.14.2. Financials
9.14.3. Products and Services
9.14.4. Key Developments
List of Tables
List of Figures
Cisco Systems
Siemens 
Telco Systems
ZTE Corporation
Juniper Networks, Inc.
RAD Data Communications Ltd.
Huawei Technologies Co., Ltd.
Avaya Inc
Phoenix Contact
ADTRAN
ECI Telecom
Extreme Networks, Inc.
Dell, Inc.
Nokia
 

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