According to Technavio’s latest market research study, the global commercial router market is expected to grow at a CAGR of close to 7% during the forecast period, 2017-2021.
This report by Technavio provides an in-depth analysis of the global commercial router market in terms of revenue and emerging market trends. The report also includes an up-to-date analysis and forecasts for various market segments and all geographical regions.
Technavio research analysts categorize the market based on the enterprise level:
The top three revenue contributing enterprise level segments are discussed below:
Global commercial router market for mid-level enterprises: The deployment of extensive bandwidth applications, including supply chain management (SCM), enterprise resource planning (ERP), and data warehousing, has led to the increased requirement of networking infrastructures such as hubs, switches, and routers. The deployment of data-centric applications in cross-vertical industries is also an incentive for the growth of this market segment.
“Approximately 60% of the enterprises use routers to interconnect offices at different locations. Also, increased e-governance projects globally have led to the growth of this segment’s revenue,” says Abhishek Sharma, a lead analyst at Technavio for research on machine-to-machine (M2M) and connected devices.
Global commercial router market for low-end enterprises: Increased demand for wireless and ADSL2+ routers from consumers is driving the segment’s growth. Most of the low-end routers are a combination of a router and an access point. Increased use of APs for small office/home office (SOHO) applications is expected to aid the growth of this market segment during the forecast period.
Global commercial router market for high-end enterprises: Enterprises are adopting techniques such as condition monitoring to predict failures and prevent downtime with the use of connectivity solutions. The increasing emphasis on personalization, customization, and seamless on-the-go experience is anticipated to propel the adoption of commercial routers among high-end enterprises during the forecast period.
The top vendors operating in the global commercial router market are:
- Brocade Communication Systems
- Huawei Technologies
Other prominent vendors in the market include ADTRAN, Aerohive, Alcatel-Lucent Enterprise (Nokia), ASUSTeK Computer, Avaya, Belkin International (Linksys), Buffalo Technology, D-Link, DrayTek, Juniper Networks, MikroTik, NETGEAR, OneAccess Networks, TP-Link Technologies, and ZTE.
A more detailed analysis is available in the Technavio report titled, ‘Global Commercial Router Market 2017-2021’. Technavio also customizes reports by other regions and specific segments upon request.
OTHER RELATED REPORTS:
- Global Mobile Hotspot Router Market 2016-2020
- Global Ethernet Switch and Router Market 2016-2020
- Global Wireless Access Point Market 2016-2020
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