Network Devices Market Report 2026

Network Devices Market Overview

• Network Devices market size has reached to $31.07 billion in 2025 • Expected to grow to $49.42 billion in 2030 at a compound annual growth rate (CAGR) of 9.7% • Growth Driver: Internet User Growth Fuels Network Devices Market Expansion • Market Trend: Pioneering Innovative Small And Medium-Sized Business Network Products • North America was the largest region in 2025 and Asia-Pacific is the fastest growing region.

What Is Covered Under Network Devices Market?

Network devices refer to a piece of hardware or software whose primary function is to direct and regulate communications among computers or computer networks. Network devices execute the fundamental tasks required to support network establishment and maintenance, including data transmission and reception. The main device types of network devices are routers, gateway, and access points. Routers are used to manage traffic between networks by forwarding data packets to their intended IP addresses and allowing multiple devices to use the same internet connection. A router refers to a device that connects two or more packet-switched networks or subnetworks. These network devices can be connected by wire and wireless. Wi-Fi, cellular, LoRa, ZigBee, Bluetooth and others are the connection types network devices support. Residential, commercial, enterprise, industrial and transportation are the applications of the network devices.

What Is The Network Devices Market Growth Forecast?

The network devices market size is expected to see strong growth in the next few years. It will grow to $49.42 billion in 2030 at a compound annual growth rate (CAGR) of 9.7%. The growth in the forecast period can be attributed to growth of 5G networks, rising iot device deployments, increasing demand for edge computing, focus on secure network architectures, smart city infrastructure development. Major trends in the forecast period include high-speed and low-latency networking, wireless and wi-fi 6 adoption, iot-enabled network infrastructure, edge networking deployment, advanced network security integration.

Global Network Devices Market Segmentation

1) By Device Type: Router, Gateway, Access Point 2) By Type: Wired, Wireless 3) By Connectivity: Wi-Fi, Cellular, LoRa, ZigBee, Bluetooth, Other Connectivities 4) By Application: Residential, Commercial, Enterprise, Industrial, Transportation Subsegments: 1) By Router: Wired Routers, Wireless Routers, Core Routers, Edge Routers 2) By Gateway: Network Gateways, Iot Gateways, Security Gateways, Protocol Gateways 3) By Access Point: Wireless Access Points (WAPs), Indoor Access Points, Outdoor Access Points, Controller-Based Access Points

What Is The Driver Of The Network Devices Market?

The growing number of internet users is expected to drive the growth of the network devices market. Internet users refer to individuals or entities that have access to and use the internet for connecting and engaging in various online activities such as browsing websites, sending emails, using social media, streaming content, and accessing online services. The global expansion of internet connectivity creates the need for networking equipment like routers, switches, and access points increases. For instance, in November 2024, according to the International Telecommunication Union (ITU), a United Nations?based agency, in 2024, around 5.5 billion people were using the Internet, marking an increase of 227 million users from 2023. Therefore, the growing number of internet users is going to propel the network devices industry growth.

Key Players In The Global Network Devices Market

Major companies operating in the network devices market are Dell Technologies; Huawei; Cisco Systems; Hewlett Packard Enterprise; Juniper Networks; Fortinet; Arista Networks; F5 Networks; Brocade Communications; Ubiquiti; Extreme Networks; Zyxel Communications; Netscout; D-Link; SonicWall; Barracuda Networks; Allied Telesis; Ruckus Networks; Cradlepoint; Aerohive Networks; WatchGuard Technologies; TP-Link Technologies

Global Network Devices Market Trends and Insights

Major companies operating in the network devices market are focused on developing innovative solutions such as cloud network device. A cloud network device isn't a single specific piece of hardware, but rather a term for any virtual or software-based networking component that operates within a cloud computing environment. For instance, in October 2023, CyberTAN Technology Inc., a Taiwan-based broadband network equipment manufacturing company launched the ‘CyberWiFi’ cloud network product series. The product lineup comprises an Outdoor Long Range Fixed Wireless Access Point, Controller, Indoor Wall Mount Access Point, Managed Switch, and Indoor Ceiling Mount Access Point. The CyberWiFi products showcase a proprietary cloud platform developed in-house, integrating crucial management functionalities tailored for small and medium-sized enterprise networks.

What Are Latest Mergers And Acquisitions In The Network Devices Market?

In October 2023, Vantiva S.A., a France-based technology products manufacturing company acquired CommScope’s home networks business for an undisclosed amount. Through this acquisition, Vantiva looks forward to expanding its network device portfolio by adding CommScope’s home network devices such as broadband, home, and video networking devices. CommScope Holding Company, Inc. is a US-based network device manufacturing company.

Regional Insights

North America was the largest region in the network devices market in 2025. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in this market report are Asia-Pacific, South East Asia, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. The countries covered in this market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Taiwan, Russia, South Korea, UK, USA, Canada, Italy, Spain

What Defines the Network Devices Market?

The network devices market consists of sales of hub and switch, router, extender, adapter and wireless access point. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.

How is Market Value Defined and Measured?

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

What Key Data and Analysis Are Included in the Network Devices Market Report 2026?

The network devices market research report is one of a series of new reports from The Business Research Company that provides market statistics, including industry global market size, regional shares, competitors with the market share, detailed market segments, market trends and opportunities, and any further data you may need to thrive in the network devices industry. The market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future state of the industry.