세계의 라우터 시장 규모, 점유율, 동향 분석 : 유형별, 최종사용자별, 지역별 전망과 예측(2024-2031년)

The Global Router Market size is expected to reach $45.39 billion by 2031, rising at a market growth of 11.4% CAGR during the forecast period. In the year 2023, the market attained a volume of 322,627.9 thousand units, experiencing a growth of 12.0% (2020-2024).

The rapid growth of digital transformation, cloud services, and the expansion of 5G networks have driven the need for high-performance routers to support large-scale data transmission, internet connectivity, and network reliability. Telecom providers, in particular, rely heavily on routers to manage network traffic and ensure uninterrupted communication services, which has significantly contributed to the dominance of this segment. The IT & telecom segment recorded 34% revenue share in the market in 2023. In terms of volume, 196,705.7 thousand units of routers are expected to be utilized in IT & Telecom by the year 2031. This can be attributed to the increasing demand for robust and efficient networking infrastructure within the IT and telecom industries.

The major strategies followed by the market participants are Product Launches as the key developmental strategy to keep pace with the changing demands of end users. For instance, In September, 2021, Linksys, a subsidiary of Belkin, unveiled Linksys (AX5400) WiFi 6 EasyMesh router (E9450) in India. The new router allows customers to enjoy high-speed data transfers, higher capacity, superior connectivity performance in environments with multiple connected devices, and advanced power efficiency. Additionally, In August, 2021, Netgear introduced Nighthawk XR1000 Pro Gaming Wi-Fi 6, the latest gaming router for the Indian market. Moreover, the new router operates with a Wi-Fi 6 speed of up to 5.4 Gbps and would allow various users to connect more devices simultaneously, without impacting reliability or speed, by effectively packing and scheduling data.

Based on the Analysis presented in the KBV Cardinal matrix; Cisco Systems, Inc. is the forerunners in the Router Market. Companies such as Xiaomi Corporation and Huawei Technologies Co., Ltd. are some of the key innovators in Router Market. In June, 2021, Cisco introduced the latest portfolio of Catalyst industrial routers to extend the potential of the enterprise network to the edge with the flexibility, security, and scalability required for IoT success. This latest portfolio features 5G capabilities which allow companies to run connected operations on a scale with a choice of management tools that are suitable for both IT and operations. Moreover, the unified architecture streamlines collaboration between IT and operations and simplifies their deployments from the enterprise to the edge.

Market Growth Factors

As digital experiences become integral to everyday life, consumers increasingly demand seamless, uninterrupted internet access. This shift has been accelerated by the rising number of online activities such as video streaming, online gaming, and remote work, which require high-speed, stable connections. High-definition video content, virtual reality, and other bandwidth-heavy applications push internet service providers and router manufacturers to meet these demands.

Additionally, the global digital transformation trend across industries pushes for better networking solutions. Companies invest in technology to operate more efficiently and provide better customer experience. This includes adopting cloud services, big data analytics, and IoT, all of which require robust network infrastructure. In conclusion, the surge in remote work, online learning, and digital transformation propels the market's growth.

Market Restraining Factors

One of the key barriers to the widespread adoption of advanced routers is the high initial cost of these devices. Routers with the latest features, such as 5G support, Wi-Fi 6, and mesh networking capabilities, tend to be more expensive than traditional models. For consumers, especially in emerging markets, the price of these advanced routers can be a significant deterrent. Therefore, the high initial cost of advanced routers is impeding the market's growth.

Type Outlook

Based on type, the market is divided into wireless and wired. In 2023, the wired segment procured a 21% revenue share in the market. In terms of volume, 136,782.2 thousand units of wired routers are expected to be utilized by 2031. Wired routers are often preferred in commercial settings, such as offices, data centers, and industries where consistent performance, low latency, and minimal interference are critical. Additionally, wired routers provide more reliable connections for activities that require higher bandwidth, such as video conferencing, online gaming, and large data transfers.

Wireless Outlook

The wireless segment is further subdivided into dual, single, and tri. The single segment held a 17% revenue share in the market in 2023. In terms of volume, 215,697.4 thousand units of single wireless routers are expected to be utilized by 2031.Single-band routers, which typically operate on the 2.4 GHz frequency, are more affordable and offer sufficient performance for basic internet usage.

End User Outlook

On the basis of end user, the market is segmented into IT & telecom, BFSI, education, healthcare, and others. The healthcare segment held 10% revenue share in the market in 2023. In terms of volume, 68,005.9 thousand units of routers are expected to be utilized in the healthcare sector by the year 2031. With the growing adoption of telemedicine, electronic health records (EHRs), and connected medical devices, healthcare facilities require stable, fast, and secure network infrastructure.

Regional Outlook

Region-wise, the market is analyzed across North America, Europe, Asia Pacific, and LAMEA. The Asia Pacific region generated a 30% revenue share in the market in 2023. In terms of volume, the Asia Pacific region is expected to utilize 295,323.9 thousand units of routers by the year 2031. The rapid economic growth, technological advancements, and increasing internet penetration in countries such as China, India, Japan, and South Korea have significantly contributed to the region's robust demand for routers.

Recent Strategies Deployed in the Market

• Feb-2024: Cisco and Viettel Military Industry and Telecoms Group have partnered to revolutionize Vietnam's digital infrastructure using Cisco 8000 Series routers with Silicon One, reducing TCO by 70% and enhancing network capacity to 800G. Automation via Cisco NSO accelerates service delivery and supports sustainable network solutions for a digital future.
• May-2022: Vietnam Posts and Telecommunications Group (VNPT) and Cisco signing a Memorandum of Understanding (MoU). The MoU outlined the cooperation in designing and bringing to market a flexible and appropriate digital transformation solution to meet the digital transformation needs of all businesses. We will combine the best capabilities of the two sides to provide a next-generation network infrastructure that are based on software-controlled optical network technology, thereby ensuring the flexibility of services and providing high-quality digital services to small, medium and big businesses in the 5G era.
• Sep-2021: Linksys, a subsidiary of Belkin, unveiled Linksys (AX5400) WiFi 6 EasyMesh router (E9450) in India. The new router allows customers to enjoy high-speed data transfers, higher capacity, superior connectivity performance in environments with multiple connected devices, and advanced power efficiency.
• Sep-2021: Linksys, a subsidiary of Belkin, joined hands with Fortinet, an American multinational corporation. The collaboration aimed to introduce Linksys HomeWRK, a wireless router that packs enterprise-grade security into a consumer-friendly package. The new router is a two-node, mesh-enabled WiFi 6 router controlled through a mobile app. The product would substitute employee's current home router and offers separate wireless networks for personal and business traffic.
• Aug-2021: Huawei teamed up with Tiantong, China's first mobile communications satellite system. The collaboration aimed to launch a new mobile router that features various data offers, high-speed data, and sleek and easy-to-carry size.
• Aug-2021: Netgear introduced Nighthawk XR1000 Pro Gaming Wi-Fi 6, the latest gaming router for the Indian market. Moreover, the new router operates with a Wi-Fi 6 speed of up to 5.4 Gbps and would allow various users to connect more devices simultaneously, without impacting reliability or speed, by effectively packing and scheduling data.

List of Key Companies Profiled

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

Global Router Market Report Segmentation

By Type (Volume, Thousand Units, USD Billion, 2020-2031)

• Wireless
  • Dual
  • Single
  • Tri
• Wired

By End User (Volume, Thousand Units, USD Billion, 2020-2031)

• IT & Telecom
• BFSI
• Education
• Healthcare
• Other End Users

By Geography (Volume, Thousand Units, USD Billion, 2020-2031)

• North America
  • US
  • Canada
  • Mexico
  • Rest of North America
• Europe
  • Germany
  • UK
  • France
  • Russia
  • Spain
  • Italy
  • Rest of Europe
• Asia Pacific
  • China
  • Japan
  • India
  • South Korea
  • Singapore
  • Malaysia
  • Rest of Asia Pacific
• LAMEA
  • Brazil
  • Argentina
  • UAE
  • Saudi Arabia
  • South Africa
  • Nigeria
  • Rest of LAMEA

Table of Contents

Chapter 1. Market Scope & Methodology

• 1.1 Market Definition
• 1.2 Objectives
• 1.3 Market Scope
• 1.4 Segmentation
  • 1.4.1 Global Router Market, by Type
  • 1.4.2 Global Router Market, by End User
  • 1.4.3 Global Router Market, by Geography
• 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 Top Winning Strategies
  • 4.3.1 Key Leading Strategies: Percentage Distribution (2020-2024)
  • 4.3.2 Key Strategic Move: (Product Launches and Product Expansions: 2020, Jan - 2021, Sep) Leading Players
• 4.4 Porter Five Forces Analysis

Chapter 5. Global Router Market by Type

• 5.1 Global Wireless Market by Region
• 5.2 Global Router Market by Wireless Type
  • 5.2.1 Global Dual Market by Region
  • 5.2.2 Global Single Market by Region
  • 5.2.3 Global Tri Market by Region
• 5.3 Global Wired Market by Region

Chapter 6. Global Router Market by End User

• 6.1 Global IT & Telecom Market by Region
• 6.2 Global BFSI Market by Region
• 6.3 Global Education Market by Region
• 6.4 Global Healthcare Market by Region
• 6.5 Global Other End Users Market by Region

Chapter 7. Global Router Market by Region

• 7.1 North America Router Market
  • 7.1.1 North America Router Market by Type
    • 7.1.1.1 North America Wireless Market by Country
    • 7.1.1.2 North America Router Market by Wireless Type
      • 7.1.1.2.1 North America Dual Market by Country
      • 7.1.1.2.2 North America Single Market by Country
      • 7.1.1.2.3 North America Tri Market by Country
    • 7.1.1.3 North America Wired Market by Country
  • 7.1.2 North America Router Market by End User
    • 7.1.2.1 North America IT & Telecom Market by Country
    • 7.1.2.2 North America BFSI Market by Country
    • 7.1.2.3 North America Education Market by Country
    • 7.1.2.4 North America Healthcare Market by Country
    • 7.1.2.5 North America Other End Users Market by Country
  • 7.1.3 North America Router Market by Country
    • 7.1.3.1 US Router Market
      • 7.1.3.1.1 US Router Market by Type
        • 7.1.3.1.1.1 US Router Market by Wireless Type
      • 7.1.3.1.2 US Router Market by End User
    • 7.1.3.2 Canada Router Market
      • 7.1.3.2.1 Canada Router Market by Type
        • 7.1.3.2.1.1 Canada Router Market by Wireless Type
      • 7.1.3.2.2 Canada Router Market by End User
    • 7.1.3.3 Mexico Router Market
      • 7.1.3.3.1 Mexico Router Market by Type
        • 7.1.3.3.1.1 Mexico Router Market by Wireless Type
      • 7.1.3.3.2 Mexico Router Market by End User
    • 7.1.3.4 Rest of North America Router Market
      • 7.1.3.4.1 Rest of North America Router Market by Type
        • 7.1.3.4.1.1 Rest of North America Router Market by Wireless Type
      • 7.1.3.4.2 Rest of North America Router Market by End User
• 7.2 Europe Router Market
  • 7.2.1 Europe Router Market by Type
    • 7.2.1.1 Europe Wireless Market by Country
    • 7.2.1.2 Europe Router Market by Wireless Type
      • 7.2.1.2.1 Europe Dual Market by Country
      • 7.2.1.2.2 Europe Single Market by Country
      • 7.2.1.2.3 Europe Tri Market by Country
    • 7.2.1.3 Europe Wired Market by Country
  • 7.2.2 Europe Router Market by End User
    • 7.2.2.1 Europe IT & Telecom Market by Country
    • 7.2.2.2 Europe BFSI Market by Country
    • 7.2.2.3 Europe Education Market by Country
    • 7.2.2.4 Europe Healthcare Market by Country
    • 7.2.2.5 Europe Other End Users Market by Country
  • 7.2.3 Europe Router Market by Country
    • 7.2.3.1 Germany Router Market
      • 7.2.3.1.1 Germany Router Market by Type
        • 7.2.3.1.1.1 Germany Router Market by Wireless Type
      • 7.2.3.1.2 Germany Router Market by End User
    • 7.2.3.2 UK Router Market
      • 7.2.3.2.1 UK Router Market by Type
        • 7.2.3.2.1.1 UK Router Market by Wireless Type
      • 7.2.3.2.2 UK Router Market by End User
    • 7.2.3.3 France Router Market
      • 7.2.3.3.1 France Router Market by Type
        • 7.2.3.3.1.1 France Router Market by Wireless Type
      • 7.2.3.3.2 France Router Market by End User
    • 7.2.3.4 Russia Router Market
      • 7.2.3.4.1 Russia Router Market by Type
        • 7.2.3.4.1.1 Russia Router Market by Wireless Type
      • 7.2.3.4.2 Russia Router Market by End User
    • 7.2.3.5 Spain Router Market
      • 7.2.3.5.1 Spain Router Market by Type
        • 7.2.3.5.1.1 Spain Router Market by Wireless Type
      • 7.2.3.5.2 Spain Router Market by End User
    • 7.2.3.6 Italy Router Market
      • 7.2.3.6.1 Italy Router Market by Type
        • 7.2.3.6.1.1 Italy Router Market by Wireless Type
      • 7.2.3.6.2 Italy Router Market by End User
    • 7.2.3.7 Rest of Europe Router Market
      • 7.2.3.7.1 Rest of Europe Router Market by Type
        • 7.2.3.7.1.1 Rest of Europe Router Market by Wireless Type
      • 7.2.3.7.2 Rest of Europe Router Market by End User
• 7.3 Asia Pacific Router Market
  • 7.3.1 Asia Pacific Router Market by Type
    • 7.3.1.1 Asia Pacific Wireless Market by Country
    • 7.3.1.2 Asia Pacific Router Market by Wireless Type
      • 7.3.1.2.1 Asia Pacific Dual Market by Country
      • 7.3.1.2.2 Asia Pacific Single Market by Country
      • 7.3.1.2.3 Asia Pacific Tri Market by Country
    • 7.3.1.3 Asia Pacific Wired Market by Country
  • 7.3.2 Asia Pacific Router Market by End User
    • 7.3.2.1 Asia Pacific IT & Telecom Market by Country
    • 7.3.2.2 Asia Pacific BFSI Market by Country
    • 7.3.2.3 Asia Pacific Education Market by Country
    • 7.3.2.4 Asia Pacific Healthcare Market by Country
    • 7.3.2.5 Asia Pacific Other End Users Market by Country
  • 7.3.3 Asia Pacific Router Market by Country
    • 7.3.3.1 China Router Market
      • 7.3.3.1.1 China Router Market by Type
        • 7.3.3.1.1.1 China Router Market by Wireless Type
      • 7.3.3.1.2 China Router Market by End User
    • 7.3.3.2 Japan Router Market
      • 7.3.3.2.1 Japan Router Market by Type
        • 7.3.3.2.1.1 Japan Router Market by Wireless Type
      • 7.3.3.2.2 Japan Router Market by End User
    • 7.3.3.3 India Router Market
      • 7.3.3.3.1 India Router Market by Type
        • 7.3.3.3.1.1 India Router Market by Wireless Type
      • 7.3.3.3.2 India Router Market by End User
    • 7.3.3.4 South Korea Router Market
      • 7.3.3.4.1 South Korea Router Market by Type
        • 7.3.3.4.1.1 South Korea Router Market by Wireless Type
      • 7.3.3.4.2 South Korea Router Market by End User
    • 7.3.3.5 Australia Router Market
      • 7.3.3.5.1 Australia Router Market by Type
        • 7.3.3.5.1.1 Australia Router Market by Wireless Type
      • 7.3.3.5.2 Australia Router Market by End User
    • 7.3.3.6 Malaysia Router Market
      • 7.3.3.6.1 Malaysia Router Market by Type
        • 7.3.3.6.1.1 Malaysia Router Market by Wireless Type
      • 7.3.3.6.2 Malaysia Router Market by End User
    • 7.3.3.7 Rest of Asia Pacific Router Market
      • 7.3.3.7.1 Rest of Asia Pacific Router Market by Type
        • 7.3.3.7.1.1 Rest of Asia Pacific Router Market by Wireless Type
      • 7.3.3.7.2 Rest of Asia Pacific Router Market by End User
• 7.4 LAMEA Router Market
  • 7.4.1 LAMEA Router Market by Type
    • 7.4.1.1 LAMEA Wireless Market by Country
    • 7.4.1.2 LAMEA Router Market by Wireless Type
      • 7.4.1.2.1 LAMEA Dual Market by Country
      • 7.4.1.2.2 LAMEA Single Market by Country
      • 7.4.1.2.3 LAMEA Tri Market by Country
    • 7.4.1.3 LAMEA Wired Market by Country
  • 7.4.2 LAMEA Router Market by End User
    • 7.4.2.1 LAMEA IT & Telecom Market by Country
    • 7.4.2.2 LAMEA BFSI Market by Country
    • 7.4.2.3 LAMEA Education Market by Country
    • 7.4.2.4 LAMEA Healthcare Market by Country
    • 7.4.2.5 LAMEA Other End Users Market by Country
  • 7.4.3 LAMEA Router Market by Country
    • 7.4.3.1 Brazil Router Market
      • 7.4.3.1.1 Brazil Router Market by Type
        • 7.4.3.1.1.1 Brazil Router Market by Wireless Type
      • 7.4.3.1.2 Brazil Router Market by End User
    • 7.4.3.2 Argentina Router Market
      • 7.4.3.2.1 Argentina Router Market by Type
        • 7.4.3.2.1.1 Argentina Router Market by Wireless Type
      • 7.4.3.2.2 Argentina Router Market by End User
    • 7.4.3.3 UAE Router Market
      • 7.4.3.3.1 UAE Router Market by Type
        • 7.4.3.3.1.1 UAE Router Market by Wireless Type
      • 7.4.3.3.2 UAE Router Market by End User
    • 7.4.3.4 Saudi Arabia Router Market
      • 7.4.3.4.1 Saudi Arabia Router Market by Type
        • 7.4.3.4.1.1 Saudi Arabia Router Market by Wireless Type
      • 7.4.3.4.2 Saudi Arabia Router Market by End User
    • 7.4.3.5 South Africa Router Market
      • 7.4.3.5.1 South Africa Router Market by Type
        • 7.4.3.5.1.1 South Africa Router Market by Wireless Type
      • 7.4.3.5.2 South Africa Router Market by End User
    • 7.4.3.6 Nigeria Router Market
      • 7.4.3.6.1 Nigeria Router Market by Type
        • 7.4.3.6.1.1 Nigeria Router Market by Wireless Type
      • 7.4.3.6.2 Nigeria Router Market by End User
    • 7.4.3.7 Rest of LAMEA Router Market
      • 7.4.3.7.1 Rest of LAMEA Router Market by Type
        • 7.4.3.7.1.1 Rest of LAMEA Router Market by Wireless Type
      • 7.4.3.7.2 Rest of LAMEA Router Market by End User

Chapter 8. Company Profiles

• 8.1 ASUSTeK Computer Inc.
  • 8.1.1 Company Overview
  • 8.1.2 Financial Analysis
  • 8.1.3 Segmental and Regional Analysis
  • 8.1.4 Research & Development Expenses
  • 8.1.5 Recent strategies and developments:
    • 8.1.5.1 Product Launches and Product Expansions:
  • 8.1.6 SWOT Analysis
• 8.2 Belkin International, Inc. (Foxconn Interconnect Technology Limited)
  • 8.2.1 Company Overview
  • 8.2.2 Financial Analysis
  • 8.2.3 Segmental and Regional Analysis
  • 8.2.4 Research & Development Expenses
  • 8.2.5 Recent strategies and developments:
    • 8.2.5.1 Partnerships, Collaborations, and Agreements:
    • 8.2.5.2 Product Launches and Product Expansions:
  • 8.2.6 SWOT Analysis
• 8.3 Arista Networks, Inc.
  • 8.3.1 Company Overview
  • 8.3.2 Financial Analysis
  • 8.3.3 Regional Analysis
  • 8.3.4 Research & Development Expense
  • 8.3.5 SWOT Analysis
• 8.4 D-link Corporation
  • 8.4.1 Company Overview
  • 8.4.2 Financial Analysis
  • 8.4.3 Segmental Analysis
  • 8.4.4 Research & Development Expenses
  • 8.4.5 SWOT Analysis
• 8.5 Netgear, Inc.
  • 8.5.1 Company Overview
  • 8.5.2 Financial Analysis
  • 8.5.3 Segment and Regional Analysis
  • 8.5.4 Research & Development Expenses
  • 8.5.5 Recent strategies and developments:
    • 8.5.5.1 Product Launches and Product Expansions:
  • 8.5.6 SWOT Analysis
• 8.6 Cisco Systems, 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:
    • 8.6.5.2 Product Launches and Product Expansions:
    • 8.6.5.3 Acquisition and Mergers:
  • 8.6.6 SWOT Analysis
• 8.7 Huawei Technologies Co., Ltd. (Huawei Investment & Holding Co., Ltd.)
  • 8.7.1 Company Overview
  • 8.7.2 Financial Analysis
  • 8.7.3 Segmental and Regional Analysis
  • 8.7.4 Research & Development Expenses
  • 8.7.5 Recent strategies and developments:
    • 8.7.5.1 Partnerships, Collaborations & Agreements:
    • 8.7.5.2 Product Launches and Product Expansions:
  • 8.7.6 SWOT Analysis
• 8.8 Xiaomi Corporation
  • 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 Juniper 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 SWOT Analysis
• 8.10. ZTE Corporation
  • 8.10.1 Company Overview
  • 8.10.2 Financial Analysis
  • 8.10.3 Segmental and Regional Analysis
  • 8.10.4 Research & Development Expenses
  • 8.10.5 SWOT Analysis

Chapter 9. Winning Imperatives of Router Market