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Global Router and Switch Market: By Product: Multiservice Edge Router, ATM Switch, Ethernet Service Edge Router, Internet Exchange Router, Service Provider Core Router, Others; By Service; Regional Analysis; Historical Market and Forecast (2018-2028); Market Dynamics; Competitive Landscape; Industry Events and Developments
Global Router and Switch Market Outlook
The global router and switch market is expected to witness a healthy growth in the forecast period of 2023-2028. 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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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.
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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.
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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.
| REPORT FEATURES | DETAILS |
|---|---|
| Base Year | 2022 |
| Historical Period | 2018-2022 |
| Forecast Period | 2023-2028 |
| 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, Latin America, Europe, Middle East and Africa, Asia Pacific |
| Market Dynamics | SWOT, Porter's Five Forces, Key Indicators for Price and Demand |
| 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 Industry Opportunities and Challenges
8 Global Router and Switch Market Analysis
8.1 Key Industry Highlights
8.2 Global Router and Switch Historical Market (2018-2022)
8.3 Global Router and Switch Market Forecast (2023-2028)
8.4 Global Router and Switch Market by Product
8.4.1 Multiservice Edge Router
8.4.1.1 Market Share
8.4.1.2 Historical Trend (2018-2022)
8.4.1.3 Forecast Trend (2023-2028)
8.4.2 ATM Switch
8.4.2.1 Market Share
8.4.2.2 Historical Trend (2018-2022)
8.4.2.3 Forecast Trend (2023-2028)
8.4.3 Ethernet Service Edge Router
8.4.3.1 Market Share
8.4.3.2 Historical Trend (2018-2022)
8.4.3.3 Forecast Trend (2023-2028)
8.4.4 Internet Exchange Router
8.4.4.1 Market Share
8.4.4.2 Historical Trend (2018-2022)
8.4.4.3 Forecast Trend (2023-2028)
8.4.5 Service Provider Core Router
8.4.5.1 Market Share
8.4.5.2 Historical Trend (2018-2022)
8.4.5.3 Forecast Trend (2023-2028)
8.4.6 Others
8.5 Global Router and Switch Market by Service
8.5.1 Ethernet Aggregation
8.5.1.1 Market Share
8.5.1.2 Historical Trend (2018-2022)
8.5.1.3 Forecast Trend (2023-2028)
8.5.2 Internet Data Center/Collocation/Hosting
8.5.2.1 Market Share
8.5.2.2 Historical Trend (2018-2022)
8.5.2.3 Forecast Trend (2023-2028)
8.5.3 Ethernet Access
8.5.3.1 Market Share
8.5.3.2 Historical Trend (2018-2022)
8.5.3.3 Forecast Trend (2023-2028)
8.5.4 BRAS
8.5.4.1 Market Share
8.5.4.2 Historical Trend (2018-2022)
8.5.4.3 Forecast Trend (2023-2028)
8.5.5 Others
8.6 Global Router and Switch Market by Region
8.6.1 Market Share
8.6.1.1 North America
8.6.1.2 Europe
8.6.1.3 Asia Pacific
8.6.1.4 Latin America
8.6.1.5 Middle East and Africa
9 Regional Analysis
9.1 North America
9.1.1 Historical Trend (2018-2022)
9.1.2 Forecast Trend (2023-2028)
9.1.3 Breakup by Country
9.1.3.1 United States of America
9.1.3.2 Canada
9.2 Europe
9.2.1 Historical Trend (2018-2022)
9.2.2 Forecast Trend (2023-2028)
9.2.3 Breakup by Country
9.2.3.1 United Kingdom
9.2.3.2 Germany
9.2.3.3 France
9.2.3.4 Italy
9.2.3.5 Others
9.3 Asia Pacific
9.3.1 Historical Trend (2018-2022)
9.3.2 Forecast Trend (2023-2028)
9.3.3 Breakup by Country
9.3.3.1 China
9.3.3.2 Japan
9.3.3.3 India
9.3.3.4 ASEAN
9.3.3.5 Australia
9.3.3.6 Others
9.4 Latin America
9.4.1 Historical Trend (2018-2022)
9.4.2 Forecast Trend (2023-2028)
9.4.3 Breakup by Country
9.4.3.1 Brazil
9.4.3.2 Argentina
9.4.3.3 Mexico
9.4.3.4 Others
9.5 Middle East and Africa
9.5.1 Historical Trend (2018-2022)
9.5.2 Forecast Trend (2023-2028)
9.5.3 Breakup by Country
9.5.3.1 Saudi Arabia
9.5.3.2 United Arab Emirates
9.5.3.3 Nigeria
9.5.3.4 South Africa
9.5.3.5 Others
10 Market Dynamics
10.1 SWOT Analysis
10.1.1 Strengths
10.1.2 Weaknesses
10.1.3 Opportunities
10.1.4 Threats
10.2 Porter’s Five Forces Analysis
10.2.1 Supplier’s Power
10.2.2 Buyer’s Power
10.2.3 Threat of New Entrants
10.2.4 Degree of Rivalry
10.2.5 Threat of Substitutes
10.3 Key Indicators for Demand
10.4 Key Indicators for Price
11 Value Chain Analysis
12 Competitive Landscape
12.1 Market Structure
12.2 Company Profiles
12.2.1 Cisco Systems, Inc.
12.2.1.1 Company Overview
12.2.1.2 Product Portfolio
12.2.1.3 Demographic Reach and Achievements
12.2.1.4 Certifications
12.2.2 Telefonaktiebolaget LM Ericsson
12.2.2.1 Company Overview
12.2.2.2 Product Portfolio
12.2.2.3 Demographic Reach and Achievements
12.2.2.4 Certifications
12.2.3 Huawei Technologies Co., Ltd.
12.2.3.1 Company Overview
12.2.3.2 Product Portfolio
12.2.3.3 Demographic Reach and Achievements
12.2.3.4 Certifications
12.2.4 Actelis Systems, Inc.
12.2.4.1 Company Overview
12.2.4.2 Product Portfolio
12.2.4.3 Demographic Reach and Achievements
12.2.4.4 Certifications
12.2.5 ALE International
12.2.5.1 Company Overview
12.2.5.2 Product Portfolio
12.2.5.3 Demographic Reach and Achievements
12.2.5.4 Certifications
12.2.6 ZTE Corporation
12.2.6.1 Company Overview
12.2.6.2 Product Portfolio
12.2.6.3 Demographic Reach and Achievements
12.2.6.4 Certifications
12.2.7 Others
13 Industry Events and Developments
List of Key Figures and Tables
1. Global Router and Switch Market: Key Industry Highlights, 2018 and 2028
2. Global Router and Switch Historical Market: Breakup by Product (USD Billion), 2018-2022
3. Global Router and Switch Market Forecast: Breakup by Product (USD Billion), 2023-2028
4. Global Router and Switch Historical Market: Breakup by Service (USD Billion), 2018-2022
5. Global Router and Switch Market Forecast: Breakup by Service (USD Billion), 2023-2028
6. Global Router and Switch Historical Market: Breakup by Region (USD Billion), 2018-2022
7. Global Router and Switch Market Forecast: Breakup by Region (USD Billion), 2023-2028
8. North America Router and Switch Historical Market: Breakup by Country (USD Billion), 2018-2022
9. North America Router and Switch Market Forecast: Breakup by Country (USD Billion), 2023-2028
10. Europe Router and Switch Historical Market: Breakup by Country (USD Billion), 2018-2022
11. Europe Router and Switch Market Forecast: Breakup by Country (USD Billion), 2023-2028
12. Asia Pacific Router and Switch Historical Market: Breakup by Country (USD Billion), 2018-2022
13. Asia Pacific Router and Switch Market Forecast: Breakup by Country (USD Billion), 2023-2028
14. Latin America Router and Switch Historical Market: Breakup by Country (USD Billion), 2018-2022
15. Latin America Router and Switch Market Forecast: Breakup by Country (USD Billion), 2023-2028
16. Middle East and Africa Router and Switch Historical Market: Breakup by Country (USD Billion), 2018-2022
17. Middle East and Africa Router and Switch Market Forecast: Breakup by Country (USD Billion), 2023-2028
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 major drivers of the industry, such as rising disposable incomes, rapid urbanisation, growing population, rising dependence on cloud-based systems, and growing Wi-Fi necessity, are expected to aid the market growth.
The key trend of the market is the growing emergence of work-from-home culture.
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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