North America Router And Switch Market Size, Share & Trends Analysis Report By Product, By Service, By Country and Growth Forecast, 2024 - 2031
The North America Router And Switch Market would witness market growth of 6.7% CAGR during the forecast period (2024-2031).
The US market dominated the North America Router And Switch Market by Country in 2023, and would continue to be a dominant market till 2031; thereby, achieving a market value of $22,273 million by 2031. The Canada market is experiencing a CAGR of 9% during (2024 - 2031). Additionally, The Mexico market would exhibit a CAGR of 8.1% during (2024 - 2031).
The market is a dynamic and rapidly evolving segment of the telecommunications industry. As the backbone of modern digital infrastructure, routers and switches enable connectivity and communication for the Internet, cloud services, and enterprise networks.
Additionally, this market has witnessed significant growth over the past few decades, driven by technological advancements, increasing data traffic, and the widespread adoption of digital services across various sectors.
The United States leads the demand for routers and switches in North America, driven by several key factors. The rapid adoption of 5G technology is a significant driver, with substantial government and private sector investments. The Federal Communications Commission (FCC) has been actively auctioning the 5G spectrum to boost nationwide coverage. According to the FCC, there are over 357 million mobile subscribers in the U.S., highlighting the extensive use of mobile devices and wireless services.
Based on Product, the market is segmented into ATM & Ethernet Switch, Internet Exchange Router, Ethernet Service Edge Router, Multiservice Edge Router, and Service Provider Core Router. Based on Service, the market is segmented into Internet Data Center/Collocation/ Hosting, BRAS, Ethernet Aggregation, Ethernet Access, 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.
- Telefonaktiebolaget LM Ericsson
- Huawei Technologies Co., Ltd.
- Juniper Networks, Inc.
- Ribbon Communications, Inc.
- Extreme Networks, Inc.
- Dell Technologies, Inc.
- ADTRAN, Inc. (ADTRAN Holdings, Inc.)
- Actelis Networks, Inc.
- Hewlett Packard Enterprise Company
By Product
- ATM & Ethernet Switch
- Internet Exchange Router
- Ethernet Service Edge Router
- Multiservice Edge Router
- Service Provider Core Router
- Internet Data Center/Collocation/ Hosting
- BRAS
- Ethernet Aggregation
- Ethernet Access
- Others
- US
- Canada
- Mexico
- Rest of North America
- Chapter 1. Market Scope & Methodology
- 1.1 Market Definition
- 1.2 Objectives
- 1.3 Market Scope
- 1.4 Segmentation
- 1.4.1 North America Router And Switch Market, by Product
- 1.4.2 North America Router And Switch Market, by Service
- 1.4.3 North America Router And Switch Market, by Country
- 1.5 Methodology for the research
- Chapter 2. Market at a Glance
- 2.1 Key Highlights
- Chapter 3. Market Overview
- 3.1 Introduction
- 3.1.1 Overview
- 3.1.1.1 Market Composition and Scenario
- 3.2 Key Factors Impacting the Market
- 3.2.1 Market Drivers
- 3.2.2 Market Restraints
- 3.2.3 Market Opportunities
- 3.2.4 Market Challenges
- Chapter 4. Competition Analysis - Global
- 4.1 KBV Cardinal Matrix
- 4.2 Recent Industry Wide Strategic Developments
- 4.2.1 Partnerships, Collaborations and Agreements
- 4.2.2 Product Launches and Product Expansions
- 4.2.3 Acquisition and Mergers
- 4.3 Market Share Analysis, 2023
- 4.4 Top Winning Strategies
- 4.4.1 Key Leading Strategies: Percentage Distribution (2019-2024)
- 4.4.2 Key Strategic Move: (Product Launches and Product Expansions: 2019, Feb – 2023, Oct) Leading Players
- 4.5 Porter Five Forces Analysis
- Chapter 5. North America Router And Switch Market by Product
- 5.1 North America ATM & Ethernet Switch Market by Country
- 5.2 North America Internet Exchange Router Market by Country
- 5.3 North America Ethernet Service Edge Router Market by Country
- 5.4 North America Multiservice Edge Router Market by Country
- 5.5 North America Service Provider Core Router Market by Country
- Chapter 6. North America Router And Switch Market by Service
- 6.1 North America Internet Data Center/Collocation/ Hosting Market by Country
- 6.2 North America BRAS Market by Country
- 6.3 North America Ethernet Aggregation Market by Country
- 6.4 North America Ethernet Access Market by Country
- 6.5 North America Others Market by Country
- Chapter 7. North America Router And Switch Market by Country
- 7.1 US Router And Switch Market
- 7.1.1 US Router And Switch Market by Product
- 7.1.2 US Router And Switch Market by Service
- 7.2 Canada Router And Switch Market
- 7.2.1 Canada Router And Switch Market by Product
- 7.2.2 Canada Router And Switch Market by Service
- 7.3 Mexico Router And Switch Market
- 7.3.1 Mexico Router And Switch Market by Product
- 7.3.2 Mexico Router And Switch Market by Service
- 7.4 Rest of North America Router And Switch Market
- 7.4.1 Rest of North America Router And Switch Market by Product
- 7.4.2 Rest of North America Router And Switch Market by Service
- Chapter 8. Company Profiles
- 8.1 Cisco Systems, Inc.
- 8.1.1 Company Overview
- 8.1.2 Financial Analysis
- 8.1.3 Regional Analysis
- 8.1.4 Research & Development Expense
- 8.1.5 Recent strategies and developments:
- 8.1.5.1 Partnerships, Collaborations, and Agreements:
- 8.1.5.2 Product Launches and Product Expansions:
- 8.1.5.3 Acquisition and Mergers:
- 8.1.6 SWOT Analysis
- 8.2 Telefonaktiebolaget LM Ericsson
- 8.2.1 Company Overview
- 8.2.2 Financial Analysis
- 8.2.3 Segmental and Regional Analysis
- 8.2.4 Research & Development Expense
- 8.2.5 SWOT Analysis
- 8.3 Huawei Technologies Co., Ltd. (Huawei Investment & Holding Co., Ltd.)
- 8.3.1 Company Overview
- 8.3.2 Financial Analysis
- 8.3.3 Segmental and Regional Analysis
- 8.3.4 Research & Development Expenses
- 8.3.5 Recent strategies and developments:
- 8.3.5.1 Partnerships, Collaborations, and Agreements:
- 8.3.5.2 Product Launches and Product Expansions:
- 8.3.6 SWOT Analysis
- 8.4 Juniper Networks, Inc.
- 8.4.1 Company Overview
- 8.4.2 Financial Analysis
- 8.4.3 Regional Analysis
- 8.4.4 Research & Development Expenses
- 8.4.5 SWOT Analysis
- 8.5 Ribbon Communications, Inc.
- 8.5.1 Company Overview
- 8.5.2 Financial Analysis
- 8.5.3 Segmental and Regional Analysis
- 8.5.4 Research & Development Expenses
- 8.5.5 Recent strategies and developments:
- 8.5.5.1 Partnerships, Collaborations, and Agreements:
- 8.5.5.2 Acquisition and Mergers:
- 8.5.6 SWOT Analysis
- 8.6 Extreme Networks, Inc.
- 8.6.1 Company Overview
- 8.6.2 Financial Analysis
- 8.6.3 Regional Analysis
- 8.6.4 Research & Development Expense
- 8.6.5 Recent strategies and developments:
- 8.6.5.1 Partnerships, Collaborations, and Agreements:
- 8.6.6 SWOT Analysis
- 8.7 Dell Technologies, Inc.
- 8.7.1 Company Overview
- 8.7.2 Financial Analysis
- 8.7.3 Segmental and Regional Analysis
- 8.7.4 Research & Development Expense
- 8.7.5 Recent strategies and developments:
- 8.7.5.1 Partnerships, Collaborations, and Agreements:
- 8.7.6 SWOT Analysis
- 8.8 ADTRAN, Inc. (ADTRAN Holdings, Inc.)
- 8.8.1 Company Overview
- 8.8.2 Financial Analysis
- 8.8.3 Segmental and Regional Analysis
- 8.8.4 Research & Development Expenses
- 8.8.5 Recent strategies and developments:
- 8.8.5.1 Product Launches and Product Expansions:
- 8.8.6 SWOT Analysis
- 8.9 Actelis Networks, Inc.
- 8.9.1 Company Overview
- 8.9.2 Financial Analysis
- 8.9.3 Regional Analysis
- 8.9.4 Research & Development Expenses
- 8.9.5 Recent strategies and developments:
- 8.9.5.1 Product Launches and Product Expansions:
- 8.9.6 SWOT Analysis
- 8.10. Hewlett Packard Enterprise Company
- 8.10.1 Company Overview
- 8.10.2 Financial Analysis
- 8.10.3 Segmental and Regional Analysis
- 8.10.4 Research & Development Expense
- 8.10.5 SWOT Analysis
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