Enterprise Routers Market
Enterprise Routers Market Size, Share & Trends Analysis Report by Type of Connectivity (Wired and Wireless), By Type of Port (Fixed and Modular), and By End-User (BFSI, IT & Telecom, Healthcare, Retail, Manufacturing, and Others) Forecast Period (2022-2028)
Enterprise routers market is projected to grow at a CAGR of 4.5% during the forecast period. Enterprise routers are essential devices that are used by every business or enterprise. They are critical in linking computer networks and the internet to businesses. Routers perform a variety of functions, including enterprise routing, which allows enterprises to regulate position activities with more CPU capacity. It also allows businesses to improve their interface for both Ethernet and WAN circuits, as well as run NetFlow/sF low, MPLS, QoS, and other security features. Additionally, it includes several other features such as deep packet inspection and WAN acceleration. Enterprise routers aid to increase office efficiency, and their installation necessitates the skills and expertise of a network engineer.
In addition, service providers are rapidly updating their networks to meet the growing demands of businesses for improved performance and better user experiences. However, as service providers implement virtualization and SDN capabilities, monitoring techniques that can't keep up are holding them back. New issues arose as a result of enterprise cloud migrations and a growing reliance on software-as-a-service applications. This has prompted service providers to adopt technologies such as NFV, SDN, and cloud-native computing.
Segmental Outlook
The global enterprise routers market is segmented based on the type of connectivity, type of port, and end-user. Based on the type of connectivity, the market is segmented into wired and wireless. Based on the type of port, the market is segmented into fixed and modular. Based on end-user, the market is segmented into BFSI, IT & telecom, healthcare, retail, and manufacturing.
Among these, the wired segment of the market is estimated to hold a lucrative share of the market. A typical wireless router can only accommodate 10-20 users at a time. The wireless access router point, on the other hand, permits over 50 or even hundreds of users to connect, with the ability to send and receive signals. According to the Cisco, enterprise internet traffic over wireless fixed-line connections is estimated to reach 125,988 petabytes per month in 2021. Average fixed broadband speed, as well as average internet users, will grow exponentially in the foreseeable period as high internet traffic and devices increase. From 5.1 Mbps in 2015 to 12.9 Mbps in 2020, the average fixed broadband speed is expected to improve. Further, Cradlepoint announced the industry's first 5G optimized wireless WAN edge router for enterprise branch deployments in May 2020. According to the business, the Cradlepoint E3000 Series maximizes performance and protects investments by allowing clients to create a wireless wide-area network (Wireless WAN) using the latest LTE and Wi-Fi technology and seamlessly upgrade to 5G in the future. The COVID-19 pandemic has increased demand for agile and quickly deployable wireless WANs based on LTE for primary connectivity, which was already high. According to Cradlepoint's press release, the E3000 Series is aimed squarely at this market.
Regional Outlook
The global enterprise routers market is segmented into North America, Europe, Asia-Pacific, and the Rest of the World. The Asia-Pacific region is expected to hold a significant market share. China, India, Japan, and the Rest of the Asia-Pacific are the major economies primarily contributing to the growth of the enterprise router market in the region. North America held a major market position in the global enterprise router market in 2021. The well-developed infrastructure is one of the key factors driving the growth of the regional market.
Global Enterprise Routers Market Growth, by Region 2022-2028
North America is Anticipated to Hold a Prominent Share in the Global Enterprise Routers Market
Among all theregions, North America is anticipated to have a prominent share in the global enterprise routers market. The increased need for hyper-scale data centers is propelling the network gear business in the US to new heights. In recent years, soaring demand from hyperscale cloud providers has resulted in a record of 303 megawatts (MW) of absorption in the seven key US data center markets, which will lead to increased demand for high IP traffic and raise the demand for enterprise routers. Furthermore, Cisco predicted that IP traffic growth in North America will reach 108 exabytes/month by 2022, representing a 21% CAGR, or three-fold growth. During the forecast term, this will significantly meet the need for enterprise routers.
Market Players Outlook
The key players operating in the global enterprise routers market include Cisco Systems, Inc., Juniper Networks, Inc., and Hewlett Packard Enterprise, among others. These key manufacturers are adopting various strategies such as new product launches and approvals, mergers and acquisitions, partnerships, collaborations, and many others to thrive in a competitive environment. For instance, in March 2020, Huawei announced that its next-generation NetEngine AR600 and AR6000 series enterprise routers passed The Tolly Group's verification test, an authoritative international provider of testing and validation. As per the findings, Huawei's NetEngine AR routers are capable of handling the increased traffic from digital transformation in the next 3 to 5 years, ushering in a new age of ultra-fast enterprise WAN connections.
The Report Covers
- Market value data analysis of 2021 and forecast to 2028.
- Annualized market revenues ($ million) for each market segment.
- Country-wise analysis of major geographical regions.
- Key companies operating in the global enterprise routers 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.
1. Report Summary
• Current Industry Analysis and Growth Potential Outlook
1.1. Research Methods and Tools
1.2. Market Breakdown
1.2.1. By Segments
1.2.2. By Region
2. Market Overview and Insights
2.1. Scope of the Report
2.2. Analyst Insight & Current Market Trends
2.2.1. Key Findings
2.2.2. Recommendations
2.2.3. Conclusion
3. Competitive Landscape
3.1. Key Company Analysis
3.1.1. Overview
3.1.2. Financial Analysis
3.1.3. SWOT Analysis
3.1.4. Recent Developments
4. Market Segmentation
4.1. Global Enterprise Routers Market by Type of Connectivity
4.1.1. Wired
4.1.2. Wireless
4.2. Global Enterprise Routers Market by Type of Port
4.2.1. Fixed
4.2.2. Modular
4.3. Global Enterprise Routers Market by End-User
4.3.1. BFSI
4.3.2. IT & Telecom
4.3.3. Healthcare
4.3.4. Retail
4.3.5. Manufacturing
5. Regional Analysis
5.1. North America
5.1.1. United States
5.1.2. Canada
5.2. Europe
5.2.1. UK
5.2.2. Germany
5.2.3. Italy
5.2.4. Spain
5.2.5. France
5.2.6. Rest of Europe
5.3. Asia-Pacific
5.3.1. China
5.3.2. India
5.3.3. Japan
5.3.4. South Korea
5.3.5. Rest of Asia-Pacific
5.4. Rest of the World
6. Company Profiles
6.1. Cisco Systems, Inc.
6.2. Juniper Networks, Inc.
6.3. Hewlett Packard Enterprise Co.
6.4. Dell Inc.
6.5. Nokia Networks Corp.
6.6. Huawei Technologies Co., Ltd.
6.7. Avaya, Inc.
6.8. ZTE Corp.
6.9. Alcatel-Lucent S.A.
6.10. Riverbed Technology, Inc.
1. GLOBAL ENTERPRISE ROUTERS MARKET RESEARCH AND ANALYSIS BY TYPE OF CONNECTIVITY, 2021-2028 ($ MILLION)
2. GLOBAL WIRED ENTERPRISE ROUTERS MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
3. GLOBAL WIRELESS ENTERPRISE ROUTERS MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
4. GLOBAL ENTERPRISE ROUTERS MARKET RESEARCH AND ANALYSIS BY TYPE OF PORT, 2021-2028 ($ MILLION)
5. GLOBAL FIXED ENTERPRISE ROUTERS MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
6. GLOBAL MODULAR ENTERPRISE ROUTERS MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
7. GLOBAL ENTERPRISE ROUTERS MARKET RESEARCH AND ANALYSIS BY END-USER, 2021-2028 ($ MILLION)
8. GLOBAL ENTERPRISE ROUTERS FOR BFSI MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
9. GLOBAL ENTERPRISE ROUTERS FOR IT AND TELECOM MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
10. GLOBAL ENTERPRISE ROUTERS FOR HEALTHCARE MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
11. GLOBAL ENTERPRISE ROUTERS FOR RETAIL MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
12. GLOBAL ENTERPRISE ROUTERS FOR MANUFACTURING MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
13. GLOBAL ENTERPRISE ROUTERS FOR OTHERS MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
14. GLOBAL ENTERPRISE ROUTERS MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
15. NORTH AMERICAN ENTERPRISE ROUTERS MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2021-2028 ($ MILLION)
16. NORTH AMERICAN ENTERPRISE ROUTERS MARKET RESEARCH AND ANALYSIS BY TYPE OF CONNECTIVITY, 2021-2028 ($ MILLION)
17. NORTH AMERICAN ENTERPRISE ROUTERS MARKET RESEARCH AND ANALYSIS BY SERVICES, 2021-2028 ($ MILLION)
18. NORTH AMERICAN ENTERPRISE ROUTERS MARKET RESEARCH AND ANALYSIS BY END-USER, 2021-2028 ($ MILLION)
19. EUROPEAN ENTERPRISE ROUTERS MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2021-2028 ($ MILLION)
20. EUROPEAN ENTERPRISE ROUTERS MARKET RESEARCH AND ANALYSIS BY TYPE OF CONNECTIVITY, 2021-2028 ($ MILLION)
21. EUROPEAN ENTERPRISE ROUTERS MARKET RESEARCH AND ANALYSIS BY TYPE OF PORT, 2021-2028 ($ MILLION)
22. EUROPEAN ENTERPRISE ROUTERS MARKET RESEARCH AND ANALYSIS BY END-USER, 2021-2028 ($ MILLION)
23. ASIA-PACIFIC ENTERPRISE ROUTERS MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2021-2028 ($ MILLION)
24. ASIA-PACIFIC ENTERPRISE ROUTERS MARKET RESEARCH AND ANALYSIS BY TYPE OF CONNECTIVITY, 2021-2028 ($ MILLION)
25. ASIA-PACIFIC ENTERPRISE ROUTERS MARKET RESEARCH AND ANALYSIS BY TYPE OF PORT, 2021-2028 ($ MILLION)
26. ASIA-PACIFIC ENTERPRISE ROUTERS MARKET RESEARCH AND ANALYSIS BY END-USER, 2021-2028 ($ MILLION)
27. ASIA-PACIFIC ENTERPRISE ROUTERS MARKET RESEARCH AND ANALYSIS BY ORGANISATION SIZE, 2021-2028 ($ MILLION)
28. REST OF THE WORLD ENTERPRISE ROUTERS MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2021-2028 ($ MILLION)
29. REST OF THE WORLD ENTERPRISE ROUTERS MARKET RESEARCH AND ANALYSIS BY TYPE OF CONNECTIVITY, 2021-2028 ($ MILLION)
30. REST OF THE WORLD ENTERPRISE ROUTERS MARKET RESEARCH AND ANALYSIS BY TYPE OF PORT, 2021-2028 ($ MILLION)
31. REST OF THE WORLD ENTERPRISE ROUTERS MARKET RESEARCH AND ANALYSIS BY END-USER, 2021-2028 ($ MILLION)
1. GLOBAL ENTERPRISE ROUTERS MARKET SHARE BY TYPE OF CONNECTIVITY, 2021 VS 2028 (%)
2. GLOBAL WIRED ENTERPRISE ROUTERS MARKET SHARE BY REGION, 2021 VS 2028 (%)
3. GLOBAL WIRELESS ENTERPRISE ROUTERS MARKET SHARE BY REGION, 2021 VS 2028 (%)
4. GLOBAL ENTERPRISE ROUTERS MARKET SHARE BY TYPE OF PORT, 2021 VS 2028 (%)
5. GLOBAL FIXED ENTERPRISE ROUTERS MARKET SHARE BY REGION, 2021 VS 2028 (%)
6. GLOBAL MODULAR ENTERPRISE ROUTERS MARKET SHARE BY REGION, 2021 VS 2028 (%)
7. GLOBAL ENTERPRISE ROUTERS MARKET SHARE BY END-USER, 2021 VS 2028 (%)
8. GLOBAL ENTERPRISE ROUTERS FOR BFSI MARKET SHARE BY REGION, 2021 VS 2028 (%)
9. GLOBAL ENTERPRISE ROUTERS FOR IT AND TELECOM MARKET SHARE BY REGION, 2021 VS 2028 (%)
10. GLOBAL ENTERPRISE ROUTERS FOR HEALTHCARE MARKET SHARE BY REGION, 2021 VS 2028 (%)
11. GLOBAL ENTERPRISE ROUTERS FOR RETAIL MARKET SHARE BY END-USER, 2021 VS 2028 (%)
12. GLOBAL ENTERPRISE ROUTERS FOR MANUFACTURING MARKET SHARE BY REGION, 2021 VS 2028 (%)
13. GLOBAL ENTERPRISE ROUTERS FOR OTHERS MARKET SHARE BY REGION, 2021 VS 2028 (%)
14. US ENTERPRISE ROUTERS MARKET SIZE, 2021-2028 ($ MILLION)
15. CANADA ENTERPRISE ROUTERS MARKET SIZE, 2021-2028 ($ MILLION)
16. UK ENTERPRISE ROUTERS MARKET SIZE, 2021-2028 ($ MILLION)
17. FRANCE ENTERPRISE ROUTERS MARKET SIZE, 2021-2028 ($ MILLION)
18. GERMANY ENTERPRISE ROUTERS MARKET SIZE, 2021-2028 ($ MILLION)
19. ITALY ENTERPRISE ROUTERS MARKET SIZE, 2021-2028 ($ MILLION)
20. SPAIN ENTERPRISE ROUTERS MARKET SIZE, 2021-2028 ($ MILLION)
21. REST OF EUROPE ENTERPRISE ROUTERS MARKET SIZE, 2021-2028 ($ MILLION)
22. INDIA ENTERPRISE ROUTERS MARKET SIZE, 2021-2028 ($ MILLION)
23. CHINA ENTERPRISE ROUTERS MARKET SIZE, 2021-2028 ($ MILLION)
24. JAPAN ENTERPRISE ROUTERS MARKET SIZE, 2021-2028 ($ MILLION)
25. SOUTH KOREA ENTERPRISE ROUTERS MARKET SIZE, 2021-2028 ($ MILLION)
26. REST OF ASIA-PACIFIC ENTERPRISE ROUTERS MARKET SIZE, 2021-2028 ($ MILLION)
27. REST OF THE WORLD ENTERPRISE ROUTERS MARKET SIZE, 2021-2028 ($ MILLION)
