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Pulished Date March, 2021
ID: 11312
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Enterprise Routers Market Research Report - Segmented By Connectivity type (Cabling and Without strings), By Port type (Fixed port, Modular), By Type (Main routers, Multi-service advantage, Access router, Other types), By End User Vertical (BFSI, IT and Telecom, Health care, Retail sale, Manufacturing, and Other end-user verticals) - Growth, Trends, Covid-19 Impact, And Forecasts (2021 - 2026)

Pulished: March, 2021
ID: 11312
Pages: 150

Enterprise Routers Market Size & Growth Analysis

The enterprise routers market to grow at a CAGR of 6.2% over the forecast period from 2021 to 2026. The industry is expected to experience growth due to ongoing technological innovations in wireless LAN technology and high-speed Ethernet switches. This technology leads to the development of smaller and more efficient chipsets and modules with additional functions. The growing need for high-speed Ethernet switch deployment is expected to provide new avenues for growth over the next eight years.

Organizations are reorganizing their networks with a focus on improving business efficiency and responsiveness, mobile productivity, and leveraging big data.

The market is migrating from a single vendor environment to one where discrete decision for different network building blocks are quickly becoming the norm. For network architects, this is a new approach that should lead to network solutions that meet business requirements and save money without adding operational complexity.

COVID impact on Enterprise Routers Market

In a situation where many employees are currently working from home due to a COVID-19 pandemic or accessing working Wi-Fi networks at the corporate security level, devices such as routers can be hacked to implant various malicious software on portable devices used by employees. Subex has been tracking trends in cyber attacks and malware activity that may be correlated with the outbreak. The enterprise routers market shares are projected to grow at a higher rate in 2021.

Recent Developments:

  • In March 2020: Huawei has confirmed that its next-generation NetEngine AR600 and AR6000 enterprise routers have passed the verification test from the Tolly Group, which is an approved international testing and validation provider. The results showed that Huawei's NetEngine AR routers are equipped to handle the growth of digital transformation traffic over the next three to five years, ushering in a new era of ultra-fast interconnect for enterprise WANs.
  • In December 2019 - Q100 processor based on Cisco Silicon One and 8000 series routers. Cisco will allow ecosystem actors to separately purchase processors, XR7 router software, 8000 series routers without software, modules optical (QSFP -DD and QSFP28), or 8000 series integrated solution. The 8000 series router and Q100 processor are intended for service providers and data center operators ranging from large aggregations to basic applications.
  • In 2015, HP announced the acquisition of Aruba Networks. This acquisition further strengthens HP's positioning to accelerate and enable the business transition to a converged campus network.

Market growth and trends:

Wireless connectivity is expected to hold a significant share that is expected to level up the shares of the enterprise routers market. 

An ordinary wireless router only supports access for about 10 to 20 users. In contrast, the wireless access router point allows access to more than 50 or even hundreds of users, with the potential ability to send and receive signals. According to Cisco, the expected penetration of business Internet traffic over a fixed wireless connection in 2021 will be 125,988 petabytes per month. With the increase in internet and device traffic, the average fixed broadband speed, as well as average internet users, will increase exponentially during the forecast period. The average speed of fixed broadband is expected to increase from 5.1 Mbps in 2015 to 12.9 Mbps in 2020.

For example, Cradlepoint launched the industry's first 5G-optimized wireless WAN edge router for enterprise branch deployments in May 2020. The Cradlepoint E3000 series, according to the company, optimizes investment in performance and protection and enables customers to implement a wireless network (wireless WAN) using the latest LTE and Wi-Fi technologies and seamlessly to upgrade to 5G in the future. The COVID-19 pandemic has fueled an already growing demand for agile and rapidly deployable LTE-based wireless WANs for backbone connectivity. Cradlepoint said in the statement that the E3000 series is intended to directly target this market.

Normally, the signal transmission range of a wireless router can only cover tens of meters. A wireless access router includes additional distances, up to 100-300 meters, allowing users to move freely within the network. Especially for businesses, office space is often more important, and some even need to communicate across buildings. The number of users accessing the network is so large that they need more network coverage from the wireless router. Also, the network model of the wireless router is quite unique, with little flexibility. In contrast, a wireless access point offers a wide variety of modes such as simplex AP, wireless client, wireless bridge, multipoint bridge, etc. It can be managed centrally with cooperation.

Market Drivers and Limitations:

The strong development of the IT industry and the huge appetite for technologically advanced devices in the Chinese market are expected to drive the regional growth over the next seven years.

Increasing trends towards the adoption of the 802.11ac wireless standard are also expected to drive growth in the Asia-Pacific and Latin American regions.

Market Segmentation

Enterprise Routers Market - By Connectivity Type:

  • Cabling
  • Without Strings

Enterprise Routers Market - By Port Type:

  • Fixed Port
  • Modular

Enterprise Routers Market - By Type:

  • Main Routers
  • Multi-Service Advantage
  • Access Router
  • Other Types

Enterprise Routers Market By End User Vertical:

  • BFSI
  • IT and Telecom
  • Health care
  • Retail Sale
  • Manufacturing
  • Other End-User verticals

Enterprise Routers Market Geographical Analysis

This global report is analyzed in the following regions:

  • North America
  • Europe
  • Asia Pacific
  • Latin America
  • Middle East and Africa

North America is expected to have a significant share of the enterprise router market. Also, the region has a strong presence of network router providers. Some of them include Cisco Systems, Inc., Dell EMC, and Juniper Networks, Inc., among others, which are helping the market grow. It is estimated that through 2022, in the United States, the network router market will grow to USD 11.95 billion, which includes the market for Ethernet service edge router, multi-service edge router, service provider main router, and the router of Internet exchange (source Cisco), where expectations of strong market growth will potentially be carried over to an Internet exchange router in 2022.

Europe is positioned next in leading the dominant shares of the enterprise routers market. Growing funds from private organizations is one of the common factors leveraging the demand of the market. Asia Pacific is to have the fastest growth rate in the enterprise routers market with the growing number of IT companies. 

Key market players:

The main players are Cisco Systems, Inc., Juniper Networks, Inc., Hewlett Packard Enterprise, etc., course by strategic objective.

1. Introduction                                 

                1.1 Market Definition                    

                1.2 Scope of the report                 

                1.3 Study Assumptions                 

                1.4 Base Currency, Base Year and Forecast Periods                           

2. Research Methodology                                           

                2.1 Analysis Design                         

                2.2 Research Phases                      

                                2.2.1 Secondary Research           

                                2.2.2 Primary Research 

                                2.2.3 Data Modelling     

                                2.2.4 Expert Validation  

                2.3 Study Timeline                          

3. Report Overview                                        

                3.1 Executive Summary                

                3.2 Key Inferencees                       

4. Market Dynamics                                       

                4.1 Impact Analysis                        

                                4.1.1 Drivers      

                                4.1.2 Restaints 

                                4.1.3 Opportunities        

                4.2 Regulatory Environment                       

                4.3 Technology Timeline & Recent Trends                            

5. Competitor Benchmarking Analysis                                    

                5.1 Key Player Benchmarking                     

                                5.1.1 Market share analysis         

                                5.1.2 Products/Service 

                                5.1.3 Regional Presence

                5.2 Mergers & Acquistion Landscape                      

                5.3 Joint Ventures & Collaborations                        

6. Market Segmentation                                              

                6.1 Enterprise Routers Market, By Connectivity type                       

                                6.1.1 Cabling     

                                6.1.2 Without strings     

                                6.1.3 Market Size Estimations & Forecasts (2021-2026)   

                                6.1.4 Y-o-Y Growth Rate Analysis              

                                6.1.5 Market Attractiveness Index           

                6.2 Enterprise Routers Market, By Port type                        

                                6.2.1 Fixed port

                                6.2.2 Modular   

                                6.2.3 Market Size Estimations & Forecasts (2021-2026)   

                                6.2.4 Y-o-Y Growth Rate Analysis              

                                6.2.5 Market Attractiveness Index           

                6.3 Enterprise Routers Market, By Type                 

                                6.3.1 Main routers          

                                6.3.2 Multi-service advantage,  

                                6.3.3 Access router         

                                6.3.4 Market Size Estimations & Forecasts (2021-2026)   

                                6.3.5 Y-o-Y Growth Rate Analysis              

                                6.3.6 Market Attractiveness Index           

                6.4 Enterprise Routers Market, By End User Vertical                        

                                6.4.1 BFSI           

                                6.4.2 IT and Telecom     

                                6.4.3 Health care             

                                6.4.4 Retail sale

                                6.4.5 Manufacturing      

                                6.4.6 Market Size Estimations & Forecasts (2021-2026)   

                                6.4.7 Y-o-Y Growth Rate Analysis              

                                6.4.8 Market Attractiveness Index           

7. Geographical Landscape                                         

                7.1 Global Identity Governance and Administration Market, by Region                    

                7.2 North America - Market Analysis (2018 - 2024)                            

                                7.2.1 By Country              

                                                7.2.1.1 USA

                                                7.2.1.2 Canada

                                7.2.2 By Connectivity type           

                                7.2.3 By Port type           

                                7.2.4 By Type    

                                7.2.5 By End User Vertical            

                7.3 Europe                         

                                7.3.1 By Country              

                                                7.3.1.1 UK

                                                7.3.1.2 France

                                                7.3.1.3 Germany

                                                7.3.1.4 Spain

                                                7.3.1.5 Italy

                                                7.3.1.6 Rest of Europe

                                7.3.2 By Connectivity type           

                                7.3.3 By Port type           

                                7.3.4 By Type    

                                7.3.5 By End User Vertical            

                7.4 Asia Pacific                  

                                7.4.1 By Country              

                                                7.4.1.1 China

                                                7.4.1.2 India

                                                7.4.1.3 Japan

                                                7.4.1.4 South Korea

                                                7.4.1.5 South East Asia

                                                7.4.1.6 Australia & NZ

                                                7.4.1.7 Rest of Asia-Pacific

                                7.4.2 By Connectivity type           

                                7.4.3 By Port type           

                                7.4.4 By Type    

                                7.4.5 By End User Vertical            

                7.5 Latin America                            

                                7.5.1 By Country              

                                                7.5.1.1 Brazil

                                                7.5.1.2 Argentina

                                                7.5.1.3 Mexico

                                                7.5.1.4 Rest of Latin America

                                7.5.2 By Connectivity type           

                                7.5.3 By Port type           

                                7.5.4 By Type    

                                7.5.5 By End User Vertical            

                7.6 Middle East and Africa                           

                                7.6.1 By Country              

                                                7.6.1.1 Middle East

                                                7.6.1.2 Africa

                                7.6.2 By Connectivity type           

                                7.6.3 By Port type           

                                7.6.4 By Type    

                                7.6.5 By End User Vertical            

8. Key Player Analysis                                    

                8.1 Cisco Systems, Inc.                  

                                8.1.1 Business Description           

                                8.1.2 Products/Service 

                                8.1.3 Financials 

                                8.1.4 SWOT Analysis      

                                8.1.5 Recent Developments       

                                8.1.6 Analyst Overview 

                8.2 Juniper Networks, Inc.                           

                8.3 Hewlett Packard Enterprise                 

9. Market Outlook & Investment Opportunities                                 

Appendix                                           

                List of Tables                     

                List of Figures                   

  • Global, regional and country-level analysis and forecasts of the study market; providing Insights on the major countries/regions in which this industry is blooming and to also identify the regions that are still untapped
  • Segment-level analysis in terms of Connectivity Type, Port Type, Product Type, End-User along with market size forecasts and estimations to detect key areas of industry growth in detail
  • Identification of key drivers, restraints, opportunities, and challenges (DROC) in the market and their impact on shifting market dynamics
  • Study of the effect of exogenous and endogenous factors that affect the global market; which includes broadly demographic, economics, and political, among other macro-environmental factors presented in an extensive PESTLE Analysis
  • Study the microenvironment factors that determine the overall profitability of an Industry, using Porter’s five forces analysis for analysing the level of competition and business strategy development
  • A comprehensive list of key market players along with their product portfolio, current strategic interests, key financial information, legal issues, SWOT analysis and analyst overview to study and sustain the market environment
  • Competitive landscape analysis listing out the mergers, acquisitions, collaborations in the field along with new product launches, comparative financial studies and recent developments in the market by the major companies
  • An executive summary, abridging the entire report in such a way that decision-making personnel can rapidly become acquainted with background information, concise analysis and main conclusions
  • Expertly devised analyst overview along with Investment opportunities to provide both individuals and organizations a strong financial foothold in the market.

1. Introduction                                 

                1.1 Market Definition                    

                1.2 Scope of the report                 

                1.3 Study Assumptions                 

                1.4 Base Currency, Base Year and Forecast Periods                           

2. Research Methodology                                           

                2.1 Analysis Design                         

                2.2 Research Phases                      

                                2.2.1 Secondary Research           

                                2.2.2 Primary Research 

                                2.2.3 Data Modelling     

                                2.2.4 Expert Validation  

                2.3 Study Timeline                          

3. Report Overview                                        

                3.1 Executive Summary                

                3.2 Key Inferencees                       

4. Market Dynamics                                       

                4.1 Impact Analysis                        

                                4.1.1 Drivers      

                                4.1.2 Restaints 

                                4.1.3 Opportunities        

                4.2 Regulatory Environment                       

                4.3 Technology Timeline & Recent Trends                            

5. Competitor Benchmarking Analysis                                    

                5.1 Key Player Benchmarking                     

                                5.1.1 Market share analysis         

                                5.1.2 Products/Service 

                                5.1.3 Regional Presence

                5.2 Mergers & Acquistion Landscape                      

                5.3 Joint Ventures & Collaborations                        

6. Market Segmentation                                              

                6.1 Enterprise Routers Market, By Connectivity type                       

                                6.1.1 Cabling     

                                6.1.2 Without strings     

                                6.1.3 Market Size Estimations & Forecasts (2021-2026)   

                                6.1.4 Y-o-Y Growth Rate Analysis              

                                6.1.5 Market Attractiveness Index           

                6.2 Enterprise Routers Market, By Port type                        

                                6.2.1 Fixed port

                                6.2.2 Modular   

                                6.2.3 Market Size Estimations & Forecasts (2021-2026)   

                                6.2.4 Y-o-Y Growth Rate Analysis              

                                6.2.5 Market Attractiveness Index           

                6.3 Enterprise Routers Market, By Type                 

                                6.3.1 Main routers          

                                6.3.2 Multi-service advantage,  

                                6.3.3 Access router         

                                6.3.4 Market Size Estimations & Forecasts (2021-2026)   

                                6.3.5 Y-o-Y Growth Rate Analysis              

                                6.3.6 Market Attractiveness Index           

                6.4 Enterprise Routers Market, By End User Vertical                        

                                6.4.1 BFSI           

                                6.4.2 IT and Telecom     

                                6.4.3 Health care             

                                6.4.4 Retail sale

                                6.4.5 Manufacturing      

                                6.4.6 Market Size Estimations & Forecasts (2021-2026)   

                                6.4.7 Y-o-Y Growth Rate Analysis              

                                6.4.8 Market Attractiveness Index           

7. Geographical Landscape                                         

                7.1 Global Identity Governance and Administration Market, by Region                    

                7.2 North America - Market Analysis (2018 - 2024)                            

                                7.2.1 By Country              

                                                7.2.1.1 USA

                                                7.2.1.2 Canada

                                7.2.2 By Connectivity type           

                                7.2.3 By Port type           

                                7.2.4 By Type    

                                7.2.5 By End User Vertical            

                7.3 Europe                         

                                7.3.1 By Country              

                                                7.3.1.1 UK

                                                7.3.1.2 France

                                                7.3.1.3 Germany

                                                7.3.1.4 Spain

                                                7.3.1.5 Italy

                                                7.3.1.6 Rest of Europe

                                7.3.2 By Connectivity type           

                                7.3.3 By Port type           

                                7.3.4 By Type    

                                7.3.5 By End User Vertical            

                7.4 Asia Pacific                  

                                7.4.1 By Country              

                                                7.4.1.1 China

                                                7.4.1.2 India

                                                7.4.1.3 Japan

                                                7.4.1.4 South Korea

                                                7.4.1.5 South East Asia

                                                7.4.1.6 Australia & NZ

                                                7.4.1.7 Rest of Asia-Pacific

                                7.4.2 By Connectivity type           

                                7.4.3 By Port type           

                                7.4.4 By Type    

                                7.4.5 By End User Vertical            

                7.5 Latin America                            

                                7.5.1 By Country              

                                                7.5.1.1 Brazil

                                                7.5.1.2 Argentina

                                                7.5.1.3 Mexico

                                                7.5.1.4 Rest of Latin America

                                7.5.2 By Connectivity type           

                                7.5.3 By Port type           

                                7.5.4 By Type    

                                7.5.5 By End User Vertical            

                7.6 Middle East and Africa                           

                                7.6.1 By Country              

                                                7.6.1.1 Middle East

                                                7.6.1.2 Africa

                                7.6.2 By Connectivity type           

                                7.6.3 By Port type           

                                7.6.4 By Type    

                                7.6.5 By End User Vertical            

8. Key Player Analysis                                    

                8.1 Cisco Systems, Inc.                  

                                8.1.1 Business Description           

                                8.1.2 Products/Service 

                                8.1.3 Financials 

                                8.1.4 SWOT Analysis      

                                8.1.5 Recent Developments       

                                8.1.6 Analyst Overview 

                8.2 Juniper Networks, Inc.                           

                8.3 Hewlett Packard Enterprise                 

9. Market Outlook & Investment Opportunities                                 

Appendix                                           

                List of Tables                     

                List of Figures                   

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