The Router And Switch Market Overview 2025 report reveals that the market size has grown significantly over the past few years, with projections indicating further expansion.
What are the Historical Growth Trends in the Router And Switch Market?
The market size for routers and switches has consistently expanded recently, increasing from $55.19 billion in 2024 to $57.87 billion in 2025. This represents a compound annual growth rate (CAGR) of 4.9%.
What are the 2025 Market Projections: Forecasted Size & Growth Rate for the Router And Switch Industry?
The Router And Switch market is projected to reach a size of $78.87 billion by 2029, growing at a Compound Annual Growth Rate (CAGR) of 8.0%.
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What are the Key Growth Drivers Fueling the Router And Switch Market?
The key drivers in the router and switch market are:
• Initiatives related to the development of smart cities
• Progression of digital transformation strategies
• Increase in network virtualization
• Surge in e-commerce and remote learning activities
Global Market Segmentation: Identifying Major Router And Switch Industry Segments
The router and switch market covered in this report is segmented –
1) By Product: Internet Exchange Router, Multiservice Edge Router, Ethernet Service Edge Router, Service Provider Core Routers, ATM Switch, Other Products
2) By Service: Ethernet Aggregation, Internet Data Center Or Collocation Or Hosting, Ethernet Access, Broadband Remote Access Server (BRAS)
3) By Application: Residential, Commercial
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What are the Emerging Trends Shaping the Future of the Router And Switch Market?
The key trends in the router and switch market are:
• The expansion of 5G networks is a major upcoming trend.
• There is a shift towards integrating edge computing into router and switch technology.
• The transition to Wi-Fi 6 (80211ax) is shaping the future of the router and switch market.
• software-defined networking (SDN), cybersecurity integration, and hybrid cloud networks are significant trends influencing the market.
Who Are the Top Competitors & Leading Players in the Router And Switch Market?
Major companies in the router and switch market are:
• Cisco Systems Inc.
• Alcatel-Lucent Enterprise
• Huawei Technologies Co Ltd.
• Juniper Networks
• Actelis Networks Inc.
• Telefonaktiebolaget LM Ericsson
• Adtran Inc.
• Extreme Networks Inc.
• RAD Data Communications Pvt. Ltd.
• Tellabs Access LLC
• Telco Systems
• Hewlett Packard Enterprise Development LP
• Nokia Corporation
• ALE International SAS
• Zhongxing Telecommunication Equipment Corporation
• Arista Networks Inc.
• Broadcom Inc.
• Intel Corporation
• ADVA Optical Networking SE
• MRV Communications Inc.
• NETGEAR Inc.
• Datex
•Link Corporation
• Belkin International Inc.
• ASUS Computer International
• Buffalo Americas Inc.
• Linksys Holdings Inc.
• Ubiquiti Networks Inc.
• Netis Systems Co. Ltd.
• Tenda Technology Inc.
• Synology Inc.
• Dell Technologies Inc.
• Lenovo Group Limited
Regional Dominance: Which Area Leads the Global Template Market?
North America was the largest region in the router and switch market in 2024
