North America AI-Powered Routers Market Size, Share & Trends Analysis Report By Type, By Enterprise Size (Large Enterprises, and SMEs), By Deployment Mode, Based on Application, By End Use, By Country and Growth Forecast, 2024 - 2031

North America AI-Powered Routers Market Size, Share & Trends Analysis Report By Type, By Enterprise Size (Large Enterprises, and SMEs), By Deployment Mode, Based on Application, By End Use, By Country and Growth Forecast, 2024 - 2031

The North America AI-Powered Routers Market would witness market growth of 22.1% CAGR during the forecast period (2024-2031).

The US market dominated the North America AI-Powered Routers Market by Country in 2023, and would continue to be a dominant market till 2031; thereby, achieving a market value of $3,306.2 million by 2031. The Canada market is experiencing a CAGR of 24.5% during (2024 - 2031). Additionally, The Mexico market would exhibit a CAGR of 23.6% during (2024 - 2031).

The market for AI-powered routers has also experienced significant growth because of the ongoing transition to remote work and the emergence of cloud computing. The volume of data transmitted over networks has seen a significant increase as businesses increasingly depend on cloud services and Software as a Service (SaaS) applications for their operations.

Moreover, AI-powered routers are uniquely positioned to manage this increase in data traffic by providing intelligent traffic management capabilities. They can reduce latency, improve cloud access, and ensure reliable connectivity for remote workers, all essential for maintaining productivity in hybrid work environments.

The AI-powered routers market in North America is experiencing robust growth, largely fueled by the region's expanding IT and telecom sectors. A major driver of this demand is the rapid adoption of 5G technology, supported by significant government and private sector investments. The Federal Communications Commission (FCC) has been actively auctioning the 5G spectrum to enhance nationwide coverage and connectivity. With over 357 million mobile subscribers in the U.S., as reported by the FCC, the extensive use of mobile devices and wireless services underscores the necessity for advanced networking solutions, including AI-powered routers, to manage the increasing data traffic and connectivity demands.

Based on Type, the market is segmented into Wireless AI-powered Routers (Dual-band Wireless AI-powered Routers, Single-band Wireless AI-powered Routers, and Tri-band Wireless AI-powered Routers), and Wired AI-powered Routers. Based on Enterprise Size, the market is segmented into Large Enterprises, and SMEs. Based on Deployment Mode, the market is segmented into Cloud-based, and On-premises. Based on Application, the market is segmented into Residential, Enterprise, and Industrial. Based on End Use, the market is segmented into IT & Telecom, BFSI, Healthcare, Education, and Others. Based on countries, the market is segmented into U.S., Mexico, Canada, and Rest of North America.

List of Key Companies Profiled

• Cisco Systems, Inc.
• Huawei Technologies Co., Ltd. (Huawei Investment & Holding Co., Ltd.)
• Juniper Networks, Inc.
• TP-Link Technologies Co. Ltd.
• Netgear, Inc.
• ASUSTeK Computer Inc.
• D-Link Corporation
• Belkin International, Inc. (Foxconn Interconnect Technology Limited)
• ZTE Corporation
• Arista Networks, Inc.

North America AI-Powered Routers Market Report Segmentation

By Type

• Wireless AI-powered Routers
• Dual-band Wireless AI-powered Routers
• Single-band Wireless AI-powered Routers
• Tri-band Wireless AI-powered Routers
• Wired AI-powered Routers

By Enterprise Size

• Large Enterprises
• SMEs

By Deployment Mode

• Cloud-based
• On-premises

By Application

• Residential
• Enterprise
• Industrial

By End Use

• IT & Telecom
• BFSI
• Healthcare
• Education
• Others

By Country

• US
• Canada
• Mexico
• Rest of North America