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Routing Market with COVID-19 Impact, by Type (Wired, Wireless), Placement (Edge, Core, Virtual), Application (Datacenter, Enterprise), Vertical (BFSI, Healthcare, Education, Residential, Media & Entertainment) and Region - Global Forecast to 2027

February 2022 | 187 pages | ID: R32E7120CD71EN
MarketsandMarkets

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The routing market size is estimated to be valued at USD 15.1 billion in 2022 and reach USD 22.9 billion by 2027, at a CAGR of 8.6% from 2022–2027. According to the Consumer Technology Association (CTA), the number of smart homes in the US is expected to reach ~35.2 million units by 2020. The growth in smart homes is expected to create demand for routers. Due to 100M FTTH broadband, online 4K videos, 4G/4.5G/5G, IoT, the idea of user experience first, and SDN and NFV, routers are also undergoing continuous evolution. A significant increase in the demand for connected devices, such as smartphones, smartwatches, and tablets, is also being witnessed. As these devices need to be connected to the Internet for most of their functions, the residential routers market is bound to increase. Moreover, in smart homes, every device requires an internet connection to work properly. The continuous development in wireless technologies and rapid innovation in various devices have increased the use of routers in smart homes.

Reluctance in moving from legacy systems to a virtualized environment can be one of the restraining factors in the routing market. Internet service providers (ISPs) and telecom companies continue to maintain and operate legacy systems, which are complex to manage. Legacy systems incur high maintenance costs and lack compatibility with various platforms. The new, virtual router software solutions need to be customized for supporting the traditional architecture and infrastructure. These solutions must be properly integrated with the existing infrastructure to realize the benefits, and there is always a risk that this integration would be incomplete. Hence, when deploying a new virtual router application into operations, services providers are reluctant to convert old services to the new virtualized environment.

“Wireless router: The fastest type of routing market .”

Wireless router is expected to be the leading segment, by type, in the routing market during the forecast period. The growing need for high-speed internet connectivity and the rising adoption of smart devices such as smartphones, tablets, and smart TVs are driving the demand for wireless routers with effective connectivity. The increasing demand for internet-based devices and expansion of cloud networking, coupled with the rising adoption of virtualized technologies, are expected to propel the growth of the global wireless router market during the forecast period.

“Core: The fastest placement of the routing market .”

The core router is a wired or wireless router that distributes internet data packets within a network. Large computer networks require a hierarchy of routers. At the top of this hierarchy are core routers, the fastest and most powerful type. A single core router can cost as much as a high-end sports car. It is capable of processing millions of packets every second. It generally lies in the “center” of large networks and sends and receives packets to lower classes of routers, such as edge routers, which lie on the edge of a network and transfer packets to other networks.

“Datacenter: Fastest growing application of routing market”

The data center is an essential element of the internet’s infrastructure. In next-generation facilities, e.g., edge data centers, routers play an important role in connecting network services to end users. The data center hardware architecture is evolving to meet increased demand for data through networking bandwidth upgrades, application-optimized data processing, and the addition of IEEE 1588 precision time protocol.

“Residential: Fastest vertical of routing market”

The recent developments in Wi-Fi technology, such as the increase in speed and security and integration of IoT, have improved the way people use the internet to stay connected. The performance of Wi-Fi connectivity and devices such as Wi-Fi routers has significantly improved with technological advancements. The adoption of Wi-Fi has surged due to its ease of use, installation, and safety. The popularity and acceptance of home and office automation are growing rapidly across the globe. Automation is deployed for various reasons, such as controlling lights, air conditioners, and fans; monitoring smoke, gas leakage, door intrusion, glass break; or motion detection. It is managed by a router installed in homes or offices that acts as the doorway or portal from homes or offices to the internet. The growing preference for smart architecture in homes and offices is also expected to fuel the demand for routers and routing.

“North America: The largest region in the global routing market .”

The increased deployment of high-speed networks in North American data centers is expected to drive the market in this region. High-speed technologies such as InfiniBand and Ethernet are increasingly being adopted in routers in North America. The rising use of cloud services in the US is another factor driving the market growth in this region. Major players that are operating in the routing market in North America include Cisco (US), Arista Networks (US), HPE (US), and Juniper Networks (US). Enterprises in North America are increasing their spending on IT infrastructure to gain a competitive advantage and increase their business productivity.

The study contains insights from various industry experts, ranging from component suppliers to Tier 1 companies and OEMs. The break-up of the primaries is as follows:
  • By Company Type: Tier 1 – 40%, Tier 2 – 25%, and Tier 3 – 35%
  • By Designation: C-level Executives – 35%, Directors – 28%, and Others – 37%
  • By Region: North America – 40%, APAC – 30%, Europe – 25%, RoW – 5%
Key players operating in the routing market are Cisco (US), Huawei Technologies Co., Ltd. (China), Juniper Networks, Inc. (US), Hewlett Packard Enterprise Development LP (US), Arista Networks, Inc. (US), ASUSTeK Computer Inc. (Taiwan), New H3C Technologies Co., Ltd. (Taiwan), NETGEAR (US), Nokia (Finland), Xiaomi (China), Acelink Technology Co., Ltd. (Taiwan), ADTRAN (US), Allied Telesis, Inc. (Japan), Belkin International, Inc. (US), D-Link Corporation (Taiwan), EERO LLC (US), EKINOPS S.A. (France), Extreme Networks (US), Linksys USA, Inc. (US), MikroTik (Latvia), Peplink (US), Raymar Information Technology, Inc. (US), Sierra Wireless (Canada), Synology Inc. (Taiwan), and TP-Link Corporation Limited (China).

Research Coverage:

The report segments the routing market and forecasts its size, by value, based on by Type, Placement, Application, Vertical, and Geography.

The report also provides a comprehensive review of market drivers, restraints, opportunities, and challenges in the routing market. The report also covers qualitative aspects in addition to the quantitative aspects of these markets.

Key Benefits of Buying the Report

The report will help the leaders/new entrants in this market with information on the closest approximations of the revenue numbers for the overall market and the sub-segments. This report will help stakeholders and gain more insights to better position their businesses and plan suitable go-to-market strategies. The report also helps stakeholders understand the pulse of the routing market and provides them information on key market drivers, restraints, challenges, and opportunities. The report also covers COVID-19 impact on routing market.
1 INTRODUCTION

1.1 STUDY OBJECTIVES
1.2 MARKET DEFINITION AND SCOPE
  1.2.1 INCLUSIONS AND EXCLUSIONS
1.3 STUDY SCOPE
  1.3.1 MARKETS COVERED
  1.3.2 GEOGRAPHIC SCOPE
  1.3.3 YEARS CONSIDERED
1.4 CURRENCY
1.5 MARKET STAKEHOLDERS

2 RESEARCH METHODOLOGY

2.1 INTRODUCTION
2.2 RESEARCH DESIGN
FIGURE 1 ROUTING MARKET: RESEARCH DESIGN
  2.2.1 SECONDARY DATA
    2.2.1.1 List of major secondary sources
    2.2.1.2 Key data from secondary sources
  2.2.2 PRIMARY DATA
    2.2.2.1 Key data from primary sources
    2.2.2.2 Breakdown of primaries
  2.2.3 SECONDARY AND PRIMARY RESEARCH
    2.2.3.1 Key industry insights
2.3 MARKET SIZE ESTIMATION
FIGURE 2 MARKET SIZE ESTIMATION METHODOLOGY: SUPPLY SIDE ANALYSIS
FIGURE 3 MARKET SIZE ESTIMATION METHODOLOGY: APPROACH 2 (SUPPLY SIDE)—IDENTIFICATION OF REVENUE GENERATED BY COMPANIES
FROM ROUTING MARKET
  2.3.1 BOTTOM-UP APPROACH
    2.3.1.1 Approach for arriving at market size using bottom-up analysis
FIGURE 4 MARKET SIZE ESTIMATION METHODOLOGY: BOTTOM-UP APPROACH
FIGURE 5 MARKET SIZE ESTIMATION METHODOLOGY: BOTTOM-UP APPROACH FOR ESTIMATING SIZE OF ROUTING MARKET
  2.3.2 TOP-DOWN APPROACH
    2.3.2.1 Approach for arriving at market size using top-down analysis
FIGURE 6 MARKET SIZE ESTIMATION METHODOLOGY: TOP-DOWN APPROACH
2.4 MARKET BREAKDOWN AND DATA TRIANGULATION
FIGURE 7 MARKET BREAKDOWN AND DATA TRIANGULATION
2.5 RESEARCH ASSUMPTIONS
FIGURE 8 ASSUMPTIONS FOR RESEARCH STUDY
2.6 LIMITATIONS
2.7 RISK ASSESSMENT
TABLE 1 LIMITATIONS AND ASSOCIATED RISKS

3 EXECUTIVE SUMMARY

FIGURE 9 GLOBAL PROPAGATION OF COVID-19
FIGURE 10 RECOVERY SCENARIOS FOR GLOBAL ECONOMY
3.1 REALISTIC SCENARIO
3.2 OPTIMISTIC SCENARIO
3.3 PESSIMISTIC SCENARIO
FIGURE 11 GROWTH PROJECTIONS OF ROUTING MARKET IN REALISTIC, OPTIMISTIC, AND PESSIMISTIC SCENARIOS
FIGURE 12 ROUTING MARKET FOR WIRELESS ROUTER TO GROW AT HIGHER CAGR DURING FORECAST PERIOD
FIGURE 13 EDGE PLACEMENT SEGMENT TO HOLD LARGEST SHARE OF
ROUTING MARKET IN 2027
FIGURE 14 ENTERPRISE APPLICATION SEGMENT TO HOLD LARGER SHARE OF
ROUTING MARKET IN 2027
FIGURE 15 BFSI VERTICAL TO HOLD LARGEST SHARE OF ROUTING MARKET IN 2027
FIGURE 16 ROUTING MARKET IN APAC TO GROW AT HIGHEST CAGR
FROM 2022 TO 2027

4 PREMIUM INSIGHTS

4.1 ATTRACTIVE OPPORTUNITIES IN ROUTING MARKET
FIGURE 17 INCREASING IOT DEVELOPMENT TO BOOST GROWTH OF ROUTING MARKET
4.2 ROUTING MARKET IN NORTH AMERICA, BY COUNTRY AND TYPE
FIGURE 18 US AND WIRELSS ROUTER SEGMENT HELD LARGEST SHARES OF
NORTH AMERICAN ROUTING MARKET IN 2021
4.3 ROUTING MARKET IN APAC, BY VERTICAL
FIGURE 19 BFSI VERTICAL TO HOLD LARGEST SHARE OF APAC ROUTING
MARKET DURING FORECAST PERIOD
4.4 ROUTING MARKET, BY COUNTRY
FIGURE 20 ROUTING MARKET IN INDIA TO REGISTER HIGHEST CAGR
FROM 2022 TO 2027

5 MARKET OVERVIEW

5.1 INTRODUCTION
5.2 MARKET DYNAMICS
FIGURE 21 ROUTING MARKET DYNAMICS
FIGURE 22 DRIVERS AND THEIR IMPACT ON ROUTING MARKET
FIGURE 23 OPPORTUNITIES AND THEIR IMPACT ON ROUTING MARKET
FIGURE 24 RESTRAINTS AND THREATS AND THEIR IMPACT ON ROUTING MARKET
  5.2.1 DRIVERS
    5.2.1.1 Increase in demand for SDN and NFV
    5.2.1.2 Surge in volume of multimedia content generated through internet and web applications
    5.2.1.3 High demand for cloud services
    5.2.1.4 Emergence and adoption of smart homes
  5.2.2 RESTRAINTS
    5.2.2.1 Reluctance in moving from legacy systems to virtualized systems
  5.2.3 OPPORTUNITIES
    5.2.3.1 Growing requirement for bandwidth in data centers
    5.2.3.2 Rising adoption of connected devices in healthcare and
education sectors
  5.2.4 CHALLENGES
    5.2.4.1 Security concerns related to virtualized environment
5.3 VALUE CHAIN ANALYSIS
FIGURE 25 VALUE CHAIN ANALYSIS: ROUTING MARKET
5.4 ECOSYSTEM
FIGURE 26 ROUTING MARKET: ECOSYSTEM
TABLE 2 KEY PLAYERS AND THEIR ROLE IN ROUTING ECOSYSTEM
5.5 PORTER’S FIVE FORCES ANALYSIS
TABLE 3 ROUTING MARKET: PORTER’S FIVE FORCES ANALYSIS
  5.5.1 DEGREE OF COMPETITION
  5.5.2 BARGAINING POWER OF SUPPLIERS
  5.5.3 BARGAINING POWER OF BUYERS
  5.5.4 THREAT OF SUBSTITUTES
  5.5.5 THREAT OF NEW ENTRANTS
5.6 CASE STUDIES
  5.6.1 TELDAT’S ATLAS-60 DECREASED MAINTENANCE COSTS THROUGH ONE DEVICE WITHIN EACH BRANCH FOR DATA AND VOICE CONNECTIONS
  5.6.2 INHAND NETWORKS OFFERED SOLUTION USING ITS INROUTER900 INDUSTRIAL LTE M2M ROUTER, DELIVERING FAST AND RELIABLE CONNECTIVITY WITH GE’S CT SCANNERS
  5.6.3 TP-LINK HELPED CHASE GRAMMAR SCHOOL WITH WIRELESS OPTIMIZATION FOR INTERNET CONNECTIVITY
  5.6.4 NTTPC COMMUNICATIONS INC. DEPLOYS CISCO INTEGRATED
SERVICE ROUTERS WITH IOS EMBEDDED EVENT MANAGER TO REDUCE OVERALL OPERATIONS COST OF
  5.6.5 D-LINK HELPS FOOD PROCESSING COMPANY IN WASHINGTON ELIMINATE NETWORK DOWNTIME AND ENABLE ROUND-THE-CLOCK EFFICIENCY
5.7 TECHNOLOGY ANALYSIS
  5.7.1 SOFTWARE-BASED ROUTING
  5.7.2 WI-FI 6
5.8 AVERAGE SELLING PRICE (ASP) TREND ANALYSIS
FIGURE 27 AVERAGE SELLING PRICES OF ROUTERS, BY TYPE
FIGURE 28 AVERAGE SELLING PRICES OF WIRELESS ROUTERS
5.9 TRADE ANALYSIS
  5.9.1 EXPORT SCENARIO
TABLE 4 EXPORT SCENARIO FOR HS CODE: 851762, BY COUNTRY, 2016–2020 (USD THOUSAND)
FIGURE 29 EXPORT SCENARIO FOR HS CODE: 851762 FOR TOP FIVE COUNTRIES, 2016–2020 (USD BILLION)
  5.9.2 IMPORT SCENARIO
TABLE 5 IMPORT SCENARIO FOR HS CODE: 851762, BY COUNTRY, 2016–2020 (USD THOUSAND)
FIGURE 30 IMPORT SCENARIO FOR HS CODE: 851762 FOR TOP FIVE COUNTRIES, 2016–2020 (USD BILLION)
5.10 PATENTS ANALYSIS
TABLE 6 PATENTS PERTAINING TO ROUTING MARKET FILED DURING 2019–2021
5.11 TARIFFS AND REGULATIONS
  5.11.1 TARIFFS RELATED TO ROUTING MARKET
TABLE 7 TARIFF IMPOSED BY US ON HS CODE 851762, BY COUNTRY, 2020
TABLE 8 TARIFF IMPOSED BY INDIA ON HS CODE 851762, BY COUNTRY, 2020
TABLE 9 TARIFF IMPOSED BY CHINA ON HS CODE 851762, BY COUNTRY, 2020
5.12 STANDARDS AND REGULATIONS RELATED TO ROUTING MARKET
TABLE 10 HISTORY OF WIRELESS STANDARDS
  5.12.1 IEEE 802.11
  5.12.2 IEEE 802.11A
  5.12.3 IEEE 802.11B
  5.12.4 IEEE 802.11G
  5.12.5 IEEE 802.11N
  5.12.6 IEEE 802.11AC
  5.12.7 IEEE 802.11AX
5.13 TRENDS/DISRUPTIONS IMPACTING CUSTOMERS
FIGURE 31 REVENUE SHIFT FOR ROUTING MARKET

6 ROUTING MARKET, BY TYPE

6.1 INTRODUCTION
FIGURE 32 ROUTING MARKET, BY TYPE
FIGURE 33 ROUTING MARKET FOR WIRELESS ROUTERS TO GROW AT HIGHER CAGR DURING FORECAST PERIOD
TABLE 11 ROUTING MARKET, BY TYPE, 2018–2021 (USD BILLION)
TABLE 12 ROUTING MARKET, BY TYPE, 2022–2027 (USD BILLION)
6.2 WIRED ROUTER
  6.2.1 INCREASED DEMAND FOR WIRED ROUTERS DUE TO
THEIR EXCELLENT FEATURES
TABLE 13 ROUTING MARKET FOR WIRED ROUTER, BY PLACEMENT, 2018–2021 (USD BILLION)
TABLE 14 ROUTING MARKET FOR WIRED ROUTER, BY PLACEMENT, 2022–2027 (USD BILLION)
TABLE 15 ROUTING MARKET FOR WIRED ROUTER, BY APPLICATION, 2018–2021 (USD BILLION)
TABLE 16 ROUTING MARKET FOR WIRED ROUTER, BY APPLICATION, 2022–2027 (USD BILLION)
TABLE 17 ROUTING MARKET FOR WIRED ROUTER, BY VERTICAL, 2018–2021 (USD BILLION)
TABLE 18 ROUTING MARKET FOR WIRED ROUTER, BY VERTICAL, 2022–2027 (USD BILLION)
TABLE 19 ROUTING MARKET FOR WIRED ROUTER, BY REGION, 2018–2021 (USD BILLION)
TABLE 20 ROUTING MARKET FOR WIRED ROUTER, BY REGION, 2022–2027 (USD BILLION)
6.3 WIRELESS ROUTER
  6.3.1 GROWING DEMAND FOR WIRELESS ROUTERS DUE TO EMERGENCE OF WI-FI6
    6.3.1.1 Single-band wireless router
    6.3.1.2 Dual-band wireless router
    6.3.1.3 Tri-band wireless router
FIGURE 34 DUAL-BAND SUB-SEGMENT TO GROW AT HIGHEST CAGR IN ROUTING MARKET FOR WIRELESS ROUTERS DURING FORECAST PERIOD
TABLE 21 ROUTING MARKET FOR WIRELESS ROUTER, BY TYPE, 2018–2021 (USD BILLION)
TABLE 22 ROUTING MARKET FOR WIRELESS ROUTER, BY TYPE, 2022–2027 (USD BILLION)
TABLE 23 ROUTING MARKET FOR WIRELESS ROUTER, BY PLACEMENT, 2018–2021 (USD BILLION)
TABLE 24 ROUTING MARKET FOR WIRELESS ROUTER, BY PLACEMENT, 2022–2027 (USD BILLION)
TABLE 25 ROUTING MARKET FOR WIRELESS ROUTER, BY APPLICATION, 2018–2021 (USD BILLION)
TABLE 26 ROUTING MARKET FOR WIRELESS ROUTER, BY APPLICATION, 2022–2027 (USD BILLION)
TABLE 27 ROUTING MARKET FOR WIRELESS ROUTER, BY VERTICAL, 2018–2021 (USD BILLION)
TABLE 28 ROUTING MARKET FOR WIRELESS ROUTER, BY VERTICAL, 2022–2027 (USD BILLION)
TABLE 29 ROUTING MARKET FOR WIRELESS ROUTER, BY REGION, 2018–2021 (USD BILLION)
TABLE 30 ROUTING MARKET FOR WIRELESS ROUTER, BY REGION, 2022–2027 (USD BILLION)

7 ROUTING MARKET, BY PLACEMENT

7.1 INTRODUCTION
FIGURE 35 EDGE PLACEMENT SEGMENT TO HOLD LARGEST SHARE OF
ROUTING MARKET IN 2027
TABLE 31 ROUTING MARKET, BY PLACEMENT, 2018–2021 (USD BILLION)
TABLE 32 ROUTING MARKET, BY PLACEMENT, 2022–2027 (USD BILLION)
7.2 EDGE ROUTER
  7.2.1 EDGE ROUTERS OFFER NETWORKING, SECURITY, AND OTHER IT SERVICES IN COMPACT FORM FACTOR
    7.2.1.1 Aggregation edge platform
    7.2.1.2 Branch edge platform
    7.2.1.3 Virtual edge platform
TABLE 33 ROUTING MARKET FOR EDGE ROUTER, BY TYPE, 2018–2021 (USD BILLION)
TABLE 34 ROUTING MARKET FOR EDGE ROUTER, BY TYPE, 2022–2027 (USD BILLION)
7.3 CORE ROUTER
  7.3.1 SINGLE CORE ROUTER IS CAPABLE OF PROCESSING MILLIONS OF
PACKETS EVERY SECOND
TABLE 35 ROUTING MARKET FOR CORE ROUTER, BY TYPE, 2018–2021 (USD BILLION)
TABLE 36 ROUTING MARKET FOR CORE ROUTER, BY TYPE, 2022–2027 (USD BILLION)
7.4 VIRTUAL ROUTER
  7.4.1 VIRTUAL ROUTER ENABLES HIGH HARDWARE INTEROPERABILITY
TABLE 37 ROUTING MARKET FOR VIRTUAL ROUTER, BY TYPE, 2018–2021 (USD BILLION)
TABLE 38 ROUTING MARKET FOR VIRTUAL ROUTER, BY TYPE, 2022–2027 (USD BILLION)

8 ROUTING MARKET, BY ROUTE

8.1 INTRODUCTION
8.2 STATIC ROUTING
  8.2.1 STATIC ROUTES ARE HIGHLY PREFERRED OVER DYNAMIC ROUTES
8.3 DEFAULT ROUTING
  8.3.1 ROUTER IN DEFAULT ROUTING IS CONFIGURED TO SEND ALL PACKETS TOWARD SINGLE ROUTER
8.4 DYNAMIC ROUTING
  8.4.1 DYNAMIC ROUTING USES COMPLEX ROUTING ALGORITHMS AND
DOES NOT PROVIDE HIGH SECURITY LIKE STATIC ROUTING

9 ROUTED OPTICAL NETWORKING MARKET

9.1 INTRODUCTION
9.2 ROUTED OPTICAL NETWORKING (RON)
  9.2.1 RISING DATA TRAFFIC TO DRIVE DEMAND FOR ROUTED
OPTICAL NETWORKING (RON)
FIGURE 36 GROWTH RATE OF ROUTED OPTICAL NETWORKING MARKET, 2022–2027
TABLE 39 ROUTED OPTICAL NETWORKING MARKET, 2022–2027 (USD MILLION)
TABLE 40 ROUTED OPTICAL NETWORKING MARKET, BY REGION, 2022–2027 (USD MILLION)
FIGURE 37 ROUTED OPTICAL NETWORK ARCHITECTURE FEATURES
9.3 RECENT DEVELOPMENTS
  9.3.1 DATAGROUP HAS TAKEN INTERNET SPEEDS TO NEW HEIGHTS ACROSS UKRAINE WITH CISCO’S ROUTED OPTICAL NETWORKING
  9.3.2 COLT HAS TAKEN NETWORK INNOVATION TO NEW HEIGHTS WITH

400G-CAPABLE ROUTED OPTICAL NETWORKING SOLUTION


10 ROUTING MARKET, BY APPLICATION

10.1 INTRODUCTION
FIGURE 38 ENTERPRISE APPLICATION SEGMENT TO HOLD LARGER SHARE
OF ROUTING MARKET IN 2027
TABLE 41 ROUTING MARKET, BY APPLICATION, 2018–2021 (USD BILLION)
TABLE 42 ROUTING MARKET, BY APPLICATION, 2022–2027 (USD BILLION)
10.2 DATA CENTER
  10.2.1 EDGE ROUTERS ARE WIDELY USED IN EDGE DATA CENTERS
TABLE 43 ROUTING MARKET FOR DATA CENTER APPLICATION, BY TYPE, 2018–2021 (USD BILLION)
TABLE 44 ROUTING MARKET FOR DATA CENTER APPLICATION, BY TYPE, 2022–2027 (USD BILLION)
10.3 ENTERPRISE
  10.3.1 ENTERPRISE ROUTERS ARE HIGHLY PREFERRED IN ENTERPRISES
TABLE 45 ROUTING MARKET FOR ENTERPRISE APPLICATION, BY TYPE, 2018–2021 (USD BILLION)
TABLE 46 ROUTING MARKET FOR ENTERPRISE APPLICATION, BY TYPE, 2022–2027 (USD BILLION)

11 ROUTING MARKET, BY VERTICAL

11.1 INTRODUCTION
FIGURE 39 BFSI VERTICAL TO HOLD LARGEST SHARE OF ROUTING MARKET IN 2027
TABLE 47 ROUTING MARKET, BY VERTICAL, 2018–2021 (USD BILLION)
TABLE 48 ROUTING MARKET, BY VERTICAL, 2022–2027 (USD BILLION)
11.2 BANKING, FINANCIAL SERVICES, AND INSURANCE (BFSI)
  11.2.1 INCREASING IMPLEMENTATION OF IOT IN BFSI VERTICAL TO FUEL GROWTH OF ROUTING MARKET
TABLE 49 ROUTING MARKET FOR BFSI VERTICAL, BY TYPE, 2018–2021 (USD BILLION)
TABLE 50 ROUTING MARKET FOR BFSI VERTICAL, BY TYPE, 2022–2027 (USD BILLION)
FIGURE 40 BFSI VERTICAL TO HOLD LARGEST SIZE OF NORTH AMERICAN ROUTING MARKET IN 2027
TABLE 51 ROUTING MARKET FOR BFSI VERTICAL, BY REGION, 2018–2021 (USD BILLION)
TABLE 52 ROUTING MARKET FOR BFSI VERTICAL, BY REGION, 2022–2027 (USD BILLION)
11.3 HEALTHCARE
  11.3.1 HIGH NEED FOR SECURE DATA TRANSMISSION IN HEALTHCARE VERTICAL TO BOOST GROWTH OF ROUTING MARKET
TABLE 53 ROUTING MARKET FOR HEALTHCARE VERTICAL, BY TYPE, 2018–2021 (USD BILLION)
TABLE 54 ROUTING MARKET FOR HEALTHCARE VERTICAL, BY TYPE, 2022–2027 (USD BILLION)
TABLE 55 ROUTING MARKET FOR HEALTHCARE VERTICAL, BY REGION, 2018–2021 (USD BILLION)
TABLE 56 ROUTING MARKET FOR HEALTHCARE VERTICAL, BY REGION, 2022–2027 (USD BILLION)
11.4 EDUCATION
  11.4.1 INCREASED PROMOTION OF E-LEARNING ON GLOBAL LEVEL DURING
COVID-19 PANDEMIC PERIOD HAS FUELED DEMAND FOR ROUTERS
TABLE 57 ROUTING MARKET FOR EDUCATION VERTICAL, BY TYPE, 2018–2021 (USD BILLION)
TABLE 58 ROUTING MARKET FOR EDUCATION VERTICAL, BY TYPE, 2022–2027 (USD BILLION)
TABLE 59 ROUTING MARKET FOR EDUCATION VERTICAL, BY REGION, 2018–2021 (USD BILLION)
TABLE 60 ROUTING MARKET FOR EDUCATION VERTICAL, BY REGION, 2022–2027 (USD BILLION)
11.5 RESIDENTIAL
  11.5.1 GROWING USE OF SMART DEVICES IN HOMES AND OFFICES
TO DRIVE MARKET GROWTH
TABLE 61 ROUTING MARKET FOR RESIDENTIAL VERTICAL, BY TYPE, 2018–2021 (USD BILLION)
TABLE 62 ROUTING MARKET FOR RESIDENTIAL VERTICAL, BY TYPE, 2022–2027 (USD BILLION)
TABLE 63 ROUTING MARKET FOR RESIDENTIAL VERTICAL, BY REGION, 2018–2021 (USD BILLION)
TABLE 64 ROUTING MARKET FOR RESIDENTIAL VERTICAL, BY REGION, 2022–2027 (USD BILLION)
11.6 MEDIA & ENTERTAINMENT
  11.6.1 EMERGENCE OF 5G TECHNOLOGY TO BOOST GROWTH OF ROUTING MARKET FOR MEDIA & ENTERTAINMENT (M&E) VERTICAL
TABLE 65 ROUTING MARKET FOR MEDIA & ENTERTAINMENT VERTICAL, BY TYPE, 2018–2021 (USD BILLION)
TABLE 66 ROUTING MARKET FOR MEDIA & ENTERTAINMENT VERTICAL, BY TYPE, 2022–2027 (USD BILLION)
TABLE 67 ROUTING MARKET FOR MEDIA & ENTERTAINMENT VERTICAL, BY REGION, 2018–2021 (USD BILLION)
TABLE 68 ROUTING MARKET FOR MEDIA & ENTERTAINMENT VERTICAL, BY REGION, 2022–2027 (USD BILLION)
11.7 OTHERS
TABLE 69 ROUTING MARKET FOR OTHERS, BY TYPE, 2018–2021 (USD MILLION)
TABLE 70 ROUTING MARKET FOR OTHERS, BY TYPE, 2022–2027 (USD MILLION)
TABLE 71 ROUTING MARKET FOR OTHERS, BY REGION, 2018–2021 (USD MILLION)
TABLE 72 ROUTING MARKET FOR OTHERS, BY REGION, 2022–2027 (USD MILLION)

12 ROUTING MARKET, BY REGION

12.1 INTRODUCTION
FIGURE 41 NORTH AMERICA TO HOLD LARGEST SIZE OF ROUTING MARKET IN 2027
TABLE 73 ROUTING MARKET, BY REGION, 2018–2021 (USD BILLION)
TABLE 74 ROUTING MARKET, BY REGION, 2022–2027 (USD BILLION)
12.2 NORTH AMERICA
FIGURE 42 SNAPSHOT: ROUTING MARKET IN NORTH AMERICA
TABLE 75 ROUTING MARKET IN NORTH AMERICA, BY TYPE, 2018–2021 (USD BILLION)
TABLE 76 ROUTING MARKET IN NORTH AMERICA, BY TYPE, 2022–2027 (USD BILLION)
TABLE 77 ROUTING MARKET IN NORTH AMERICA, BY VERTICAL, 2018–2021 (USD BILLION)
TABLE 78 ROUTING MARKET IN NORTH AMERICA, BY VERTICAL, 2022–2027 (USD BILLION)
TABLE 79 ROUTING MARKET IN NORTH AMERICA, BY COUNTRY, 2018–2021 (USD BILLION)
TABLE 80 ROUTING MARKET IN NORTH AMERICA, BY COUNTRY, 2022–2027 (USD BILLION)
  12.2.1 US
    12.2.1.1 Presence of key routing solutions providers to underpin
market growth in US
  12.2.2 CANADA
    12.2.2.1 Government support for installation of data centers to provide opportunities for deployment of routing solutions in Canada
  12.2.3 MEXICO
    12.2.3.1 Growing number of data centers in Mexico to provide opportunities for routing market growth
12.3 EUROPE
FIGURE 43 SNAPSHOT: ROUTING MARKET IN EUROPE
TABLE 81 ROUTING MARKET IN EUROPE, BY TYPE, 2018–2021 (USD BILLION)
TABLE 82 ROUTING MARKET IN EUROPE, BY TYPE, 2022–2027 (USD BILLION)
TABLE 83 ROUTING MARKET IN EUROPE, BY VERTICAL, 2018–2021 (USD MILLION)
TABLE 84 ROUTING MARKET IN EUROPE, BY VERTICAL, 2022–2027 (USD MILLION)
TABLE 85 ROUTING MARKET IN EUROPE, BY COUNTRY, 2018–2021 (USD BILLION)
TABLE 86 ROUTING MARKET IN EUROPE, BY COUNTRY, 2022–2027 (USD BILLION)
  12.3.1 UK
    12.3.1.1 Higher adoption of cloud-based services in BFSI and telecommunications industries is driving routing market in UK
  12.3.2 GERMANY
    12.3.2.1 Investments in upgrade of traditional IT infrastructure to boost demand for routing solutions in Germany
  12.3.3 FRANCE
    12.3.3.1 Presence of data centers and high-speed communication infrastructure to favor market growth in France
  12.3.4 REST OF EUROPE
12.4 ASIA PACIFIC
FIGURE 44 SNAPSHOT: ROUTING MARKET IN ASIA PACIFIC
TABLE 87 ROUTING MARKET IN APAC, BY TYPE, 2018–2021 (USD BILLION)
TABLE 88 ROUTING MARKET IN APAC, BY TYPE, 2022–2027 (USD BILLION)
TABLE 89 ROUTING MARKET IN APAC, BY VERTICAL, 2018–2021 (USD BILLION)
TABLE 90 ROUTING MARKET IN APAC, BY VERTICAL, 2022–2027 (USD BILLION)
FIGURE 45 CHINA TO HOLD LARGEST SIZE OF ROUTING MARKET IN APAC IN 2027
TABLE 91 ROUTING MARKET IN APAC, BY COUNTRY, 2018–2021 (USD BILLION)
TABLE 92 ROUTING MARKET IN APAC, BY COUNTRY, 2022–2027 (USD BILLION)
  12.4.1 CHINA
    12.4.1.1 Expanding telecom industry to favor growth of routing
market in China
  12.4.2 JAPAN
    12.4.2.1 Presence of several networking companies to support
market growth in Japan
  12.4.3 INDIA
    12.4.3.1 Booming IT sector and rise in number of large data centers in India are fueling demand for routers
  12.4.4 REST OF APAC
  12.4.5 REST OF THE WORLD
TABLE 93 ROUTING MARKET IN ROW, BY TYPE, 2018–2021 (USD BILLION)
TABLE 94 ROUTING MARKET FOR ROW, BY TYPE, 2022–2027 (USD BILLION)
TABLE 95 ROUTING MARKET IN ROW, BY VERTICAL, 2018–2021 (USD MILLION)
TABLE 96 ROUTING MARKET IN ROW, BY VERTICAL, 2022–2027 (USD MILLION)
TABLE 97 ROUTING MARKET IN ROW, BY COUNTRY, 2018–2021 (USD BILLION)
TABLE 98 ROUTING MARKET FOR ROW, BY COUNTRY, 2022–2027 (USD BILLION)
  12.4.6 SOUTH AMERICA
    12.4.6.1 Emerging trends of high-quality video streaming to drive the
market growth in South America
  12.4.7 MIDDLE EAST & AFRICA
    12.4.7.1 Focus on enhancing network capabilities to achieve network efficiency and coverage to augment demand for routers in MEA

13 COMPETITIVE LANDSCAPE

13.1 OVERVIEW
13.2 MARKET EVALUATION FRAMEWORK
TABLE 99 OVERVIEW OF STRATEGIES ADOPTED BY KEY MARKET PLAYERS
  13.2.1 PRODUCT PORTFOLIO
  13.2.2 REGIONAL FOCUS
  13.2.3 MANUFACTURING FOOTPRINT
  13.2.4 ORGANIC/INORGANIC GROWTH STRATEGIES
13.3 REVENUE ANALYSIS OF LEADING PLAYERS (2016–2020)
FIGURE 46 5-YEAR REVENUE ANALYSIS OF TOP 5 PLAYERS IN ROUTING MARKET
13.4 MARKET SHARE ANALYSIS: ROUTING MARKET, 2020
TABLE 100 DEGREE OF COMPETITION
13.5 COMPANY EVALUATION MATRIX
  13.5.1 STAR
  13.5.2 EMERGING LEADER
  13.5.3 PERVASIVE
  13.5.4 PARTICIPANT
FIGURE 47 COMPANY EVALUATION MATRIX, 2021
13.6 START-UP EVALUATION MATRIX
  13.6.1 PROGRESSIVE COMPANY
  13.6.2 RESPONSIVE COMPANY
  13.6.3 DYNAMIC COMPANY
  13.6.4 STARTING BLOCK
FIGURE 48 STARTUP (SME) EVALUATION MATRIX, 2021
13.7 COMPANY PRODUCT FOOTPRINT
TABLE 101 COMPANY PRODUCT FOOTPRINT
TABLE 102 FOOTPRINT OF DIFFERENT TYPES OF ROUTERS USED BY
DIFFERENT COMPANIES
TABLE 103 FOOTPRINT OF DIFFERENT COMPANIES ACROSS VARIOUS VERTICALS
TABLE 104 REGIONAL FOOTPRINT OF DIFFERENT COMPANIES
13.8 COMPETITIVE SITUATIONS AND TRENDS
  13.8.1 PRODUCT LAUNCHES
TABLE 105 PRODUCT LAUNCHES, FEBRUARY 2020–DECEMBER 2021
  13.8.2 DEALS
TABLE 106 DEALS, FEBRUARY 2020–DECEMBER 2021
    13.8.2.1 Others
TABLE 107 OTHERS, 2021

14 COMPANY PROFILES

14.1 INTRODUCTION
14.2 KEY PLAYERS
(Business Overview, Products/Solutions/Services offered, Recent Developments, and MnM View)*
  14.2.1 CISCO
TABLE 108 CISCO: BUSINESS OVERVIEW
FIGURE 49 CISCO: COMPANY SNAPSHOT
TABLE 109 CISCO: PRODUCT/SOLUTIONS/SERVICES OFFERINGS
TABLE 110 CISCO: PRODUCT LAUNCHES
TABLE 111 CISCO: DEALS
  14.2.2 HUAWEI
TABLE 112 HUAWEI: BUSINESS OVERVIEW
FIGURE 50 HUAWEI: COMPANY SNAPSHOT
TABLE 113 HUAWEI: PRODUCT/SOLUTIONS/SERVICES OFFERINGS
TABLE 114 HUAWEI: PRODUCT LAUNCHES
TABLE 115 HUAWEI: OTHERS
  14.2.3 JUNIPER NETWORKS
TABLE 116 JUNIPER NETWORKS: BUSINESS OVERVIEW
FIGURE 51 JUNIPER NETWORKS: COMPANY SNAPSHOT
TABLE 117 JUNIPER NETWORKS: PRODUCT/SOLUTIONS/SERVICES OFFERINGS
TABLE 118 JUNIPER NETWORKS: PRODUCT LAUNCHES
TABLE 119 JUNIPER NETWORKS: DEALS
  14.2.4 HP ENTERPRISE
TABLE 120 HP ENTERPRISE: BUSINESS OVERVIEW
FIGURE 52 HP ENTERPRISE: COMPANY SNAPSHOT
TABLE 121 HP ENTERPRISE: PRODUCT/SOLUTIONS/SERVICES OFFERINGS
TABLE 122 HP ENTERPRISE: PRODUCT LAUNCHES
TABLE 123 HP ENTERPRISE: DEALS
  14.2.5 ARISTA NETWORKS
TABLE 124 ARISTA NETWORKS: BUSINESS OVERVIEW
FIGURE 53 ARISTA NETWORKS: COMPANY SNAPSHOT
TABLE 125 ARISTA NETWORKS: PRODUCT/SOLUTIONS/SERVICES OFFERINGS
TABLE 126 ARISTA NETWORKS: PRODUCT LAUNCHES
TABLE 127 ARISTA NETWORKS: DEALS
  14.2.6 ASUSTEK COMPUTER
TABLE 128 ASUSTEK COMPUTER: BUSINESS OVERVIEW
FIGURE 54 ASUSTEK COMPUTER: COMPANY SNAPSHOT
TABLE 129 ASUSTEK COMPUTER: PRODUCT/SOLUTIONS/SERVICES OFFERINGS
TABLE 130 ASUSTEK COMPUTER: PRODUCT LAUNCHES
  14.2.7 H3C
TABLE 131 H3C: BUSINESS OVERVIEW
TABLE 132 H3C: PRODUCT/SOLUTIONS/SERVICES OFFERINGS
TABLE 133 H3C: PRODUCT LAUNCHES
TABLE 134 H3C: OTHERS
  14.2.8 NETGEAR
TABLE 135 NETGEAR: BUSINESS OVERVIEW
FIGURE 55 NETGEAR: COMPANY SNAPSHOT
TABLE 136 NETGEAR: PRODUCT/SOLUTIONS/SERVICES OFFERINGS
TABLE 137 NETGEAR: PRODUCT LAUNCHES
TABLE 138 NETGEAR: OTHERS
  14.2.9 NOKIA
TABLE 139 NOKIA: BUSINESS OVERVIEW
FIGURE 56 NOKIA: COMPANY SNAPSHOT
TABLE 140 NOKIA: PRODUCT/SOLUTIONS/SERVICES OFFERINGS
TABLE 141 NOKIA: PRODUCT LAUNCHES
TABLE 142 NOKIA: DEALS
TABLE 143 NOKIA: OTHERS
  14.2.10 XIAOMI
TABLE 144 XIAOMI: BUSINESS OVERVIEW
FIGURE 57 XIAOMI: COMPANY SNAPSHOT
TABLE 145 XIAOMI: PRODUCT/SOLUTIONS/SERVICES OFFERINGS
TABLE 146 XIAOMI: PRODUCT LAUNCHES
* Business Overview, Products/Solutions/Services offered, Recent Developments, and MnM View might not be captured in case of unlisted companies.
14.3 OTHER KEY PLAYERS
  14.3.1 ACELINK TECHNOLOGY
  14.3.2 ADTRAN
  14.3.3 ALLIED TELESIS
  14.3.4 BELKIN INTERNATIONAL
  14.3.5 D-LINK
  14.3.6 EERO LLC
  14.3.7 EKINOPS
  14.3.8 EXTREME NETWORKS
  14.3.9 LINKSYS
  14.3.10 MIKROTIK
  14.3.11 PEPLINK
  14.3.12 RAYMAR INFORMATION TECHNOLOGY
  14.3.13 SIERRA WIRELESS
  14.3.14 SYNOLOGY
  14.3.15 TP-LINK

15 APPENDIX

15.1 DISCUSSION GUIDE
15.2 KNOWLEDGE STORE: MARKETSANDMARKETS’ SUBSCRIPTION PORTAL
15.3 AVAILABLE CUSTOMIZATIONS
15.4 RELATED REPORTS
15.5 AUTHOR DETAILS


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