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Router and Switch Market Size
- Report ID: GMI174
- Published Date: Mar 2016
- Report Format: PDF
Router and Switch Market Size
Router and Switch Market size exceeded USD 30 billion in 2014 and will register gains at over 2% from 2015 to 2022.
The enterprises are rapidly migrating their businesses to digital platforms, which accelerated the need for a robust network architecture that can ease the accessibility of data within a network. They are experiencing strain on their network infrastructure due to increasing connectivity requirements and the growing amount of corporate information resources. To improve the network’s security and resiliency, they are deploying networking solutions such as routers and switches. The rising demand for connecting remote office locations and data centers is expected to fuel the adoption of Ethernet cables, high-performance routers, and other networking devices.
| Report Attribute | Details |
|---|---|
| Base Year: | 2014 |
| Router and Switch Market Size in 2014: | 30 Billion (USD) |
| Forecast Period: | 2015 to 2022 |
| Forecast Period 2015 to 2022 CAGR: | 2% |
| 2022 Value Projection: | 40 Billion (USD) |
| Historical Data for: | 2012 to 2014 |
| No. of Pages: | 187 |
| Tables, Charts & Figures: | 110 |
| Segments covered: | Service, Product and Region |
Another factor augmenting the router and switch market growth is the rise in mobile data traffic owing to the surge in smartphone penetration and the deployment of networks, such as 3G and LTE, across the globe.
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Router and Switch Market Scope
