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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.
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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.
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.
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The major products of router and switch are:
The market can be broadly categorised based on its service into:
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.
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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.
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:
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.
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:
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Breakup by Product |
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Breakup by Service |
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Breakup by Region |
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Market Dynamics |
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Competitive Landscape |
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Companies Covered |
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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
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.
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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