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Router and Switch Market

Global Router and Switch Market Size, Share, Trends, Growth: By Product: Multiservice Edge Router, ATM Switch, Ethernet Service Edge Router, Internet Exchange Router, Service Provider Core Router, Others; By Service: Ethernet Aggregation, Internet Data Center/Collocation/Hosting, Others; Regional Analysis; Competitive Landscape; 2024-2032

Global Router and Switch Market Outlook

The global router and switch market is expected to witness a healthy growth in the forecast period of 2024-2032. In the Q1 of 2021, the ethernet switch market revenue stood at USD 3 billion, while the enterprise and service provider (SP) router market revenue attained USD 3 billion.

 

Global Router and Switch Market

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The Router and Switch Industry in North America to Be Driven by the Growing Work-From-Home Trend

North America is expected to one of the leading regions in the global market for router and switch in the forecast period owing to the growing trend of work-from-home. Advanced broadband infrastructure and the necessity for a strong network mechanism to maintain convenient workflow is expected to drive the market for router and switch.

The Asia Pacific region is predicted to a witness steady growth over the coming years. The market in the region is being driven by the rising demand for on-demand viewing on large scale, and the rising usage of tablets, laptops, and smartphones. However, softness in the public sector vertical, coupled with the weak market in some regions of Europe, due to the threat of substitution from lower-end devices are expected to restrain the market growth for routers and switch in the coming years.

 

Router and Switch: Market Segmentation

Routers and switches are the crucial elements of a network that have grown beyond their traditional role in interconnection. Routers transfer data packets along with a network and are placed at the conjunction of two or more networks. A switch connects devices on a network and employs packet switching to exchange data.

 

Global Router and Switch Market By Products

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The major products of router and switch are:

  • Multiservice Edge Router 
  • ATM Switch 
  • Ethernet Service Edge Router 
  • Internet Exchange Router 
  • Service Provider Core Router 
  • Others

The market can be broadly categorised based on its service into:

  • Ethernet Aggregation 
  • Internet Data Centre/Collocation/Hosting 
  • Ethernet Access
  • BRAS 
  • Others

The EMR report looks into the regional markets of the router and switches like North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.

 

Global Router and Switch Market By Region

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Growing Adoption of Cloud-Based Solutions is Aiding the Market Growth of Router and Switch

The global market for routers and switch is being driven by the rising usage of video, carrier ethernet, and the convergence of residential and business networks. Moreover, significant growth in wireless backhaul products, which have emerged as a popular consumer choice is predicted to aid the market growth. The growing preference for work-from-home culture is boosting the product demand in domestic applications. The rising number of e-retailers, coupled with the rapid spread of Wi-Fi spots across emerging countries, is providing an impetus for the market growth of the product. Furthermore, the growing dependence on cloud-based solutions is predicted to provide positive prospects for the market growth. Such developments in the router and switch industry are aiding the growth of the market.

 

Key Industry Players in the Global Router and Switch Market

The report presents a detailed analysis of the following key players in the global router and switch market, looking into their capacity, market shares, and latest developments like capacity expansions, plant turnarounds, and mergers and acquisitions:

  • Cisco Systems, Inc. 
  • Telefonaktiebolaget LM Ericsson
  • Huawei Technologies Co., Ltd. 
  • Actelis Systems, Inc. 
  • ALE International 
  • ZTE Corporation 
  • Others

The comprehensive report looks into the macro and micro aspects of the industry. The EMR report gives an in-depth insight into the market by providing a SWOT analysis as well as an analysis of Porter’s Five Forces model.

 

Key Highlights of the Report

REPORT FEATURES DETAILS
Base Year 2023
Historical Period 2018-2023
Forecast Period 2024-2032
Scope of the Report

Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:

  • Product
  • Service
  • Region
Breakup by Product
  • Multiservice Edge Router
  • ATM Switch
  • Ethernet Service Edge Router
  • Internet Exchange Router
  • Service Provider Core Router
  • Others
Breakup by Service
  • Ethernet Aggregation
  • Internet Data Center/Collocation/Hosting
  • Ethernet Access
  • BRAS
  • Others
Breakup by Region
  • North America
    • United States of America 
    • Canada
  • Europe
    • United Kingdom
    • Germany
    • France
    • Italy
    • Others
  • Asia Pacific
    • China
    • Japan
    • India
    • ASEAN
    • Australia
    • Others
  • Latin America
    • Brazil
    • Argentina
    • Mexico
    • Others
  • Middle East and Africa
    • Saudi Arabia
    • United Arab Emirates
    • Nigeria
    • South Africa
    • Others
Market Dynamics
  • SWOT Analysis
  • Porter's Five Forces Analysis
  • Key Indicators for Demand
  • Key Indicators for Price
Competitive Landscape
  • Market Structure
  • Company Profiles
    • Company Overview
    • Product Portfolio
    • Demographic Reach and Achievements
    • Certifications
Companies Covered
  • Cisco Systems, Inc.
  • Telefonaktiebolaget LM Ericsson
  • Huawei Technologies Co., Ltd.
  • Actelis Systems, Inc.
  • ALE International
  • ZTE Corporation
  • Others
Report Price and Purchase Option Explore our purchase options that are best suited to your resources and industry needs.
Delivery Format Delivered as an attached PDF and Excel through email, with an option of receiving an editable PPT, according to the purchase option.

 

*At Expert Market Research, we strive to always give you current and accurate information. The numbers depicted in the description are indicative and may differ from the actual numbers in the final EMR report.

1    Preface
2    Report Coverage – Key Segmentation and Scope
3    Report Description

    3.1    Market Definition and Outlook
    3.2    Properties and Applications
    3.3    Market Analysis
    3.4    Key Players
4    Key Assumptions
5    Executive Summary

    5.1    Overview
    5.2    Key Drivers
    5.3    Key Developments
    5.4    Competitive Structure
    5.5    Key Industrial Trends
6    Snapshot
    6.1    Global
    6.2    Regional
7    Opportunities and Challenges in the Market
8    Global Router and Switch Market Analysis

    8.1    Key Industry Highlights
    8.2    Global Router and Switch Historical Market (2018-2023) 
    8.3    Global Router and Switch Market Forecast (2024-2032)
    8.4    Global Router and Switch Market by Product
        8.4.1    Multiservice Edge Router
            8.4.1.1    Historical Trend (2018-2023)
            8.4.1.2    Forecast Trend (2024-2032)
        8.4.2    ATM Switch
            8.4.2.1    Historical Trend (2018-2023)
            8.4.2.2    Forecast Trend (2024-2032)
        8.4.3    Ethernet Service Edge Router
            8.4.3.1    Historical Trend (2018-2023)
            8.4.3.2    Forecast Trend (2024-2032)
        8.4.4    Internet Exchange Router
            8.4.4.1    Historical Trend (2018-2023)
            8.4.4.2    Forecast Trend (2024-2032)
        8.4.5    Service Provider Core Router
            8.4.5.1    Historical Trend (2018-2023)
            8.4.5.2    Forecast Trend (2024-2032)
        8.4.6    Others
    8.5    Global Router and Switch Market by Service
        8.5.1    Ethernet Aggregation
            8.5.1.1    Historical Trend (2018-2023)
            8.5.1.2    Forecast Trend (2024-2032)
        8.5.2    Internet Data Center/Collocation/Hosting
            8.5.2.1    Historical Trend (2018-2023)
            8.5.2.2    Forecast Trend (2024-2032)
        8.5.3    Ethernet Access
            8.5.3.1    Historical Trend (2018-2023)
            8.5.3.2    Forecast Trend (2024-2032)
        8.5.4    BRAS
            8.5.4.1    Historical Trend (2018-2023)
            8.5.4.2    Forecast Trend (2024-2032)
        8.5.5    Others    
    8.6    Global Router and Switch Market by Region
        8.6.1    North America
            8.6.1.1    Historical Trend (2018-2023) 
            8.6.1.2    Forecast Trend (2024-2032)
        8.6.2    Europe
            8.6.2.1    Historical Trend (2018-2023) 
            8.6.2.2    Forecast Trend (2024-2032)
        8.6.3    Asia Pacific
            8.6.3.1    Historical Trend (2018-2023) 
            8.6.3.2    Forecast Trend (2024-2032)
        8.6.4    Latin America
            8.6.4.1    Historical Trend (2018-2023) 
            8.6.4.2    Forecast Trend (2024-2032)
        8.6.5    Middle East and Africa
            8.6.5.1    Historical Trend (2018-2023) 
            8.6.5.2    Forecast Trend (2024-2032) 
9    North America Router and Switch Market Analysis
    9.1    United States of America 
        9.1.1    Historical Trend (2018-2023) 
        9.1.2    Forecast Trend (2024-2032)
    9.2    Canada
        9.2.1    Historical Trend (2018-2023) 
        9.2.2    Forecast Trend (2024-2032)
10    Europe Router and Switch Market Analysis
    10.1    United Kingdom
        10.1.1    Historical Trend (2018-2023) 
        10.1.2    Forecast Trend (2024-2032)
    10.2    Germany
        10.2.1    Historical Trend (2018-2023) 
        10.2.2    Forecast Trend (2024-2032)
    10.3    France
        10.3.1    Historical Trend (2018-2023) 
        10.3.2    Forecast Trend (2024-2032)
    10.4    Italy
        10.4.1    Historical Trend (2018-2023) 
        10.4.2    Forecast Trend (2024-2032)
    10.5    Others
11    Asia Pacific Router and Switch Market Analysis
    11.1    China
        11.1.1    Historical Trend (2018-2023) 
        11.1.2    Forecast Trend (2024-2032)
    11.2    Japan
        11.2.1    Historical Trend (2018-2023) 
        11.2.2    Forecast Trend (2024-2032)
    11.3    India
        11.3.1    Historical Trend (2018-2023) 
        11.3.2    Forecast Trend (2024-2032)
    11.4    ASEAN
        11.4.1    Historical Trend (2018-2023) 
        11.4.2    Forecast Trend (2024-2032)
    11.5    Australia
        11.5.1    Historical Trend (2018-2023) 
        11.5.2    Forecast Trend (2024-2032)
    11.6    Others
12    Latin America Router and Switch Market Analysis
    12.1    Brazil
        12.1.1    Historical Trend (2018-2023) 
        12.1.2    Forecast Trend (2024-2032)
    12.2    Argentina
        12.2.1    Historical Trend (2018-2023) 
        12.2.2    Forecast Trend (2024-2032)
    12.3    Mexico
        12.3.1    Historical Trend (2018-2023) 
        12.3.2    Forecast Trend (2024-2032)
    12.4    Others
13    Middle East and Africa Router and Switch Market Analysis
    13.1    Saudi Arabia
        13.1.1    Historical Trend (2018-2023) 
        13.1.2    Forecast Trend (2024-2032)
    13.2    United Arab Emirates
        13.2.1    Historical Trend (2018-2023) 
        13.2.2    Forecast Trend (2024-2032)
    13.3    Nigeria
        13.3.1    Historical Trend (2018-2023) 
        13.3.2    Forecast Trend (2024-2032)
    13.4    South Africa
        13.4.1    Historical Trend (2018-2023) 
        13.4.2    Forecast Trend (2024-2032)
    13.5    Others
14    Market Dynamics
    14.1    SWOT Analysis
        14.1.1    Strengths
        14.1.2    Weaknesses
        14.1.3    Opportunities
        14.1.4    Threats
    14.2    Porter’s Five Forces Analysis
        14.2.1    Supplier’s Power
        14.2.2    Buyer’s Power
        14.2.3    Threat of New Entrants
        14.2.4    Degree of Rivalry
        14.2.5    Threat of Substitutes
    14.3    Key Indicators for Demand
    14.4    Key Indicators for Price
15    Value  Chain Analysis
16    Competitive Landscape

    16.1    Market Structure
    16.2    Company Profiles
        16.2.1    Cisco Systems, Inc.
            16.2.1.1    Company Overview
            16.2.1.2    Product Portfolio
            16.2.1.3    Demographic Reach and Achievements
            16.2.1.4    Certifications
        16.2.2    Telefonaktiebolaget LM Ericsson
            16.2.2.1    Company Overview
            16.2.2.2    Product Portfolio
            16.2.2.3    Demographic Reach and Achievements
            16.2.2.4    Certifications
        16.2.3    Huawei Technologies Co., Ltd.
            16.2.3.1    Company Overview
            16.2.3.2    Product Portfolio
            16.2.3.3    Demographic Reach and Achievements
            16.2.3.4    Certifications
        16.2.4    Actelis Systems, Inc.
            16.2.4.1    Company Overview
            16.2.4.2    Product Portfolio
            16.2.4.3    Demographic Reach and Achievements
            16.2.4.4    Certifications
        16.2.5    ALE International
            16.2.5.1    Company Overview
            16.2.5.2    Product Portfolio
            16.2.5.3    Demographic Reach and Achievements
            16.2.5.4    Certifications
        16.2.6    ZTE Corporation
            16.2.6.1    Company Overview
            16.2.6.2    Product Portfolio
            16.2.6.3    Demographic Reach and Achievements
            16.2.6.4    Certifications
        16.2.7    Others
17    Key Trends and Developments in the Market


List of Key Figures and Tables

1.    Global Router and Switch Market: Key Industry Highlights, 2018 and 2032
2.    Global Router and Switch Historical Market: Breakup by Product (USD Billion), 2018-2023
3.    Global Router and Switch Market Forecast: Breakup by Product (USD Billion), 2024-2032
4.    Global Router and Switch Historical Market: Breakup by Service (USD Billion), 2018-2023
5.    Global Router and Switch Market Forecast: Breakup by Service (USD Billion), 2024-2032
6.    Global Router and Switch Historical Market: Breakup by Region (USD Billion), 2018-2023
7.    Global Router and Switch Market Forecast: Breakup by Region (USD Billion), 2024-2032
8.    North America Router and Switch Historical Market: Breakup by Country (USD Billion), 2018-2023
9.    North America Router and Switch Market Forecast: Breakup by Country (USD Billion), 2024-2032
10.    Europe Router and Switch Historical Market: Breakup by Country (USD Billion), 2018-2023
11.    Europe Router and Switch Market Forecast: Breakup by Country (USD Billion), 2024-2032
12.    Asia Pacific Router and Switch Historical Market: Breakup by Country (USD Billion), 2018-2023
13.    Asia Pacific Router and Switch Market Forecast: Breakup by Country (USD Billion), 2024-2032
14.    Latin America Router and Switch Historical Market: Breakup by Country (USD Billion), 2018-2023
15.    Latin America Router and Switch Market Forecast: Breakup by Country (USD Billion), 2024-2032
16.    Middle East and Africa Router and Switch Historical Market: Breakup by Country (USD Billion), 2018-2023
17.    Middle East and Africa Router and Switch Market Forecast: Breakup by Country (USD Billion), 2024-2032
18.    Global Router and Switch Market Structure

Key Questions Answered in the Report

The global router and switch market is expected to be aided by the growing enterprise and service provider (SP) router market, which attained a revenue of USD 3 billion in the Q1 of 2021.

The rising disposable incomes, rapid urbanisation, growing population, rising dependency on cloud-based systems, and growing Wi-Fi necessity are the major drivers of the market.

The key trends guiding the market growth are the growing emergence of work-from-home culture, the rising usage of video, carrier ethernet, and the convergence of residential and business networks, and the surging number of e-retailers.

The major regional markets of the router and switches are North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.

The significant products of router and switch are multiservice edge router, ATM switch, ethernet service edge router, internet exchange router, and service provider core router, among others.

The major service segments in the market are ethernet aggregation, internet data center/collocation/hosting, ethernet access, and BRAS, among others.

The key players in the above market include Cisco Systems, Inc., Telefonaktiebolaget LM Ericsson, Huawei Technologies Co., Ltd., Actelis Systems, Inc., ALE International, and ZTE Corporation, among others.

Analyst Review

The global router and switch market is being driven by the rising dependence on cloud-based solutions. Aided by the growing work-from-home trend, the ethernet switch market revenue reached USD 3 billion in the Q1 of 2021.

EMR’s meticulous research methodology delves deep into the market, covering the macro and micro aspects of the industry. Based on products, the market is segmented into multiservice edge router, ATM switch, ethernet service edge router, internet exchange router, and service provider core router, among others. By service, the industry is divided into ethernet aggregation, internet data center/collocation/hosting, ethernet access, and BRAS, among others. The major regional markets for router and switch are North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa. The key players in the above market include Cisco Systems, Inc., Telefonaktiebolaget LM Ericsson, Huawei Technologies Co., Ltd., Actelis Systems, Inc., ALE International, and ZTE Corporation, among others.

EMR’s research methodology uses a combination of cutting-edge analytical tools and the expertise of their highly accomplished team, thus, providing their customers with market insights that are accurate, actionable, and help them remain ahead of their competition.

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