라우터 및 스위치 시장 - 산업 규모, 점유율, 동향, 기회, 예측 : 제품별, 서비스별, 지역별 경쟁(2021-2031년)

The Global Router and Switch Market is projected to expand from USD 65.61 Billion in 2025 to USD 98.74 Billion by 2031, registering a CAGR of 7.05%. In this ecosystem, routers serve as vital hubs directing traffic across different networks, whereas switches function within individual networks to link devices and ensure efficient internal data exchange. Growth in this sector is primarily propelled by the exponential increase in global internet traffic, the rapid development of hyperscale data centers, and the extensive adoption of cloud computing architectures. Additionally, the growing requirement for high-speed connectivity to sustain the Internet of Things generates continuous demand for durable networking hardware within both enterprise and service provider settings.

However, the industry encounters notable obstacles due to high capital expenditure needs and economic instability, factors that frequently force organizations to postpone essential infrastructure updates. These financial limitations often restrict enterprises from immediately replacing legacy systems, which can hinder market growth. Modernization is nonetheless crucial, as the International Telecommunication Union estimates that 5G networks will cover 55 percent of the global population in 2025. This broad wireless coverage necessitates a robust, scalable backend of routing and switching infrastructure to handle the consequential increase in data throughput.

Market Driver

The growth of hyperscale and edge data centers, largely spurred by the integration of AI-driven network optimization tools, acts as a major driver for the router and switch market. As large enterprises and cloud service providers expand their infrastructure to accommodate artificial intelligence workloads, there is an urgent need for high-performance switches that can manage immense data throughput while keeping latency low. This transition is fast-tracking the uptake of 400G and 800G port speeds, which are vital for enabling rapid data processing in dense computing clusters. Highlighting this trend, Cisco Systems noted in its 'Fiscal 2024 Fourth Quarter Earnings' press release from August 2024 that the company surpassed USD 1 billion in AI orders, emphasizing the significant capital being directed toward infrastructure that supports these complex computational needs.

Simultaneously, the rapid global rollout of 5G infrastructure compels telecommunications providers to modernize their core and backhaul systems. To handle the higher density and speed demands of next-generation wireless standards, operators must install carrier-grade routers and switches. The GSMA's 'The Mobile Economy 2024' report from February 2024 projects that mobile operators globally will invest USD 1.5 trillion in their networks from 2023 to 2030, with more than 90 percent of this spending dedicated to 5G. This massive investment fuels the purchase of robust networking hardware to manage rising loads, a necessity further evidenced by the 'Ericsson Mobility Report' from November 2024, which states that global mobile network data traffic increased by 21 percent between the third quarter of 2023 and the third quarter of 2024.

Market Challenge

The main obstacle hindering the Global Router and Switch Market is the combination of high capital expenditure demands and economic instability. Upgrading networking infrastructure requires significant financial investment, and during uncertain economic times, service providers and enterprises often restrict budgets to maintain liquidity. This fiscal caution compels organizations to extend the life of existing assets, thereby postponing the retirement of legacy systems. Consequently, the replacement cycle for routers and switches is prolonged, which directly lowers the volume of new equipment shipments and slows revenue growth for hardware vendors.

This reduction in spending power critically weakens the market's capacity to leverage technological progress. While there is a technical need for robust 5G and cloud backends, the economic viability of implementing such infrastructure is often compromised. Industry forecasts clearly reflect this trend of diminished investment; for instance, the GSMA noted in 2024 that global operator capital expenditure is expected to drop by approximately 10 percent through 2030 after a period of stagnation. This anticipated decline in infrastructure spending highlights how budgetary limitations are actively constraining the acquisition of necessary networking hardware, subsequently impeding overall market expansion.

Market Trends

The integration of network security and routing within Secure Access Service Edge (SASE) architectures is fundamentally altering enterprise WAN strategies. Increasingly, organizations are replacing legacy, standalone branch routers with unified platforms that combine software-defined wide area networking with cloud-native security capabilities. This consolidation streamlines management and strengthens defenses against distributed threats, effectively bridging the historically separate markets of cybersecurity and routing. This rapid adoption is evidenced by Palo Alto Networks, which reported in its 'Fiscal Fourth Quarter 2024 Financial Results' in August 2024 that its Next-Generation Security annual recurring revenue increased 43 percent year over year to USD 4.2 billion, indicating a significant shift among enterprises toward these integrated secure networking models.

At the same time, high-performance computing is undergoing a pivotal technological shift as data centers move from proprietary InfiniBand interconnects to standardized High-Performance Ethernet for artificial intelligence workloads. Although InfiniBand has traditionally led in low-latency clusters, recent progress in Ethernet fabrics delivers comparable performance alongside better cost efficiency and wider ecosystem compatibility, encouraging hyperscalers to redesign their AI backends. Real-world deployments highlight the performance benefits of this transition; for example, in its 'First Quarter 2024 Earnings Call' in May 2024, Arista Networks noted that Ethernet demonstrated at least a 10 percent improvement in job completion performance across all packet sizes compared to InfiniBand, fueling its adoption in next-generation GPU clusters.

Key Market Players

• Cisco Systems, Inc.
• Huawei Technologies Co., Ltd.
• Juniper Networks, Inc.
• Arista Networks, Inc.
• Nokia Corporation
• Hewlett Packard Enterprise Development LP
• Dell Technologies Inc.
• Extreme Networks, Inc.
• ZTE Corporation
• Ericsson AB

Report Scope

In this report, the Global Router and Switch Market has been segmented into the following categories, in addition to the industry trends which have also been detailed below:

Router and Switch Market, By Product

• Internet Exchange Router
• Service Provider Core Router
• Multiservice Edge Router
• Ethernet Service Edge Router
• ATM & Ethernet Switch

Router and Switch Market, By Service

• BRAS
• Ethernet Aggregation
• Ethernet Access
• Internet Data Center/Collocation/ Hosting
• Others

Router and Switch Market, By Region

• North America
  • United States
  • Canada
  • Mexico
• Europe
  • France
  • United Kingdom
  • Italy
  • Germany
  • Spain
• Asia Pacific
  • China
  • India
  • Japan
  • Australia
  • South Korea
• South America
  • Brazil
  • Argentina
  • Colombia
• Middle East & Africa
  • South Africa
  • Saudi Arabia
  • UAE

Competitive Landscape

Company Profiles: Detailed analysis of the major companies present in the Global Router and Switch Market.

Available Customizations:

Global Router and Switch Market report with the given market data, TechSci Research offers customizations according to a company's specific needs. The following customization options are available for the report:

Company Information

• Detailed analysis and profiling of additional market players (up to five).

Table of Contents

1. Product Overview

• 1.1. Market Definition
• 1.2. Scope of the Market
  • 1.2.1. Markets Covered
  • 1.2.2. Years Considered for Study
  • 1.2.3. Key Market Segmentations

2. Research Methodology

• 2.1. Objective of the Study
• 2.2. Baseline Methodology
• 2.3. Key Industry Partners
• 2.4. Major Association and Secondary Sources
• 2.5. Forecasting Methodology
• 2.6. Data Triangulation & Validation
• 2.7. Assumptions and Limitations

3. Executive Summary

• 3.1. Overview of the Market
• 3.2. Overview of Key Market Segmentations
• 3.3. Overview of Key Market Players
• 3.4. Overview of Key Regions/Countries
• 3.5. Overview of Market Drivers, Challenges, Trends

4. Voice of Customer

5. Global Router and Switch Market Outlook

• 5.1. Market Size & Forecast
  • 5.1.1. By Value
• 5.2. Market Share & Forecast
  • 5.2.1. By Product (Internet Exchange Router, Service Provider Core Router, Multiservice Edge Router, Ethernet Service Edge Router, ATM & Ethernet Switch)
  • 5.2.2. By Service (BRAS, Ethernet Aggregation, Ethernet Access, Internet Data Center/Collocation/ Hosting, Others)
  • 5.2.3. By Region
  • 5.2.4. By Company (2025)
• 5.3. Market Map

6. North America Router and Switch Market Outlook

• 6.1. Market Size & Forecast
  • 6.1.1. By Value
• 6.2. Market Share & Forecast
  • 6.2.1. By Product
  • 6.2.2. By Service
  • 6.2.3. By Country
• 6.3. North America: Country Analysis
  • 6.3.1. United States Router and Switch Market Outlook
    • 6.3.1.1. Market Size & Forecast
      • 6.3.1.1.1. By Value
    • 6.3.1.2. Market Share & Forecast
      • 6.3.1.2.1. By Product
      • 6.3.1.2.2. By Service
  • 6.3.2. Canada Router and Switch Market Outlook
    • 6.3.2.1. Market Size & Forecast
      • 6.3.2.1.1. By Value
    • 6.3.2.2. Market Share & Forecast
      • 6.3.2.2.1. By Product
      • 6.3.2.2.2. By Service
  • 6.3.3. Mexico Router and Switch Market Outlook
    • 6.3.3.1. Market Size & Forecast
      • 6.3.3.1.1. By Value
    • 6.3.3.2. Market Share & Forecast
      • 6.3.3.2.1. By Product
      • 6.3.3.2.2. By Service

7. Europe Router and Switch Market Outlook

• 7.1. Market Size & Forecast
  • 7.1.1. By Value
• 7.2. Market Share & Forecast
  • 7.2.1. By Product
  • 7.2.2. By Service
  • 7.2.3. By Country
• 7.3. Europe: Country Analysis
  • 7.3.1. Germany Router and Switch Market Outlook
    • 7.3.1.1. Market Size & Forecast
      • 7.3.1.1.1. By Value
    • 7.3.1.2. Market Share & Forecast
      • 7.3.1.2.1. By Product
      • 7.3.1.2.2. By Service
  • 7.3.2. France Router and Switch Market Outlook
    • 7.3.2.1. Market Size & Forecast
      • 7.3.2.1.1. By Value
    • 7.3.2.2. Market Share & Forecast
      • 7.3.2.2.1. By Product
      • 7.3.2.2.2. By Service
  • 7.3.3. United Kingdom Router and Switch Market Outlook
    • 7.3.3.1. Market Size & Forecast
      • 7.3.3.1.1. By Value
    • 7.3.3.2. Market Share & Forecast
      • 7.3.3.2.1. By Product
      • 7.3.3.2.2. By Service
  • 7.3.4. Italy Router and Switch Market Outlook
    • 7.3.4.1. Market Size & Forecast
      • 7.3.4.1.1. By Value
    • 7.3.4.2. Market Share & Forecast
      • 7.3.4.2.1. By Product
      • 7.3.4.2.2. By Service
  • 7.3.5. Spain Router and Switch Market Outlook
    • 7.3.5.1. Market Size & Forecast
      • 7.3.5.1.1. By Value
    • 7.3.5.2. Market Share & Forecast
      • 7.3.5.2.1. By Product
      • 7.3.5.2.2. By Service

8. Asia Pacific Router and Switch Market Outlook

• 8.1. Market Size & Forecast
  • 8.1.1. By Value
• 8.2. Market Share & Forecast
  • 8.2.1. By Product
  • 8.2.2. By Service
  • 8.2.3. By Country
• 8.3. Asia Pacific: Country Analysis
  • 8.3.1. China Router and Switch Market Outlook
    • 8.3.1.1. Market Size & Forecast
      • 8.3.1.1.1. By Value
    • 8.3.1.2. Market Share & Forecast
      • 8.3.1.2.1. By Product
      • 8.3.1.2.2. By Service
  • 8.3.2. India Router and Switch Market Outlook
    • 8.3.2.1. Market Size & Forecast
      • 8.3.2.1.1. By Value
    • 8.3.2.2. Market Share & Forecast
      • 8.3.2.2.1. By Product
      • 8.3.2.2.2. By Service
  • 8.3.3. Japan Router and Switch Market Outlook
    • 8.3.3.1. Market Size & Forecast
      • 8.3.3.1.1. By Value
    • 8.3.3.2. Market Share & Forecast
      • 8.3.3.2.1. By Product
      • 8.3.3.2.2. By Service
  • 8.3.4. South Korea Router and Switch Market Outlook
    • 8.3.4.1. Market Size & Forecast
      • 8.3.4.1.1. By Value
    • 8.3.4.2. Market Share & Forecast
      • 8.3.4.2.1. By Product
      • 8.3.4.2.2. By Service
  • 8.3.5. Australia Router and Switch Market Outlook
    • 8.3.5.1. Market Size & Forecast
      • 8.3.5.1.1. By Value
    • 8.3.5.2. Market Share & Forecast
      • 8.3.5.2.1. By Product
      • 8.3.5.2.2. By Service

9. Middle East & Africa Router and Switch Market Outlook

• 9.1. Market Size & Forecast
  • 9.1.1. By Value
• 9.2. Market Share & Forecast
  • 9.2.1. By Product
  • 9.2.2. By Service
  • 9.2.3. By Country
• 9.3. Middle East & Africa: Country Analysis
  • 9.3.1. Saudi Arabia Router and Switch Market Outlook
    • 9.3.1.1. Market Size & Forecast
      • 9.3.1.1.1. By Value
    • 9.3.1.2. Market Share & Forecast
      • 9.3.1.2.1. By Product
      • 9.3.1.2.2. By Service
  • 9.3.2. UAE Router and Switch Market Outlook
    • 9.3.2.1. Market Size & Forecast
      • 9.3.2.1.1. By Value
    • 9.3.2.2. Market Share & Forecast
      • 9.3.2.2.1. By Product
      • 9.3.2.2.2. By Service
  • 9.3.3. South Africa Router and Switch Market Outlook
    • 9.3.3.1. Market Size & Forecast
      • 9.3.3.1.1. By Value
    • 9.3.3.2. Market Share & Forecast
      • 9.3.3.2.1. By Product
      • 9.3.3.2.2. By Service

10. South America Router and Switch Market Outlook

• 10.1. Market Size & Forecast
  • 10.1.1. By Value
• 10.2. Market Share & Forecast
  • 10.2.1. By Product
  • 10.2.2. By Service
  • 10.2.3. By Country
• 10.3. South America: Country Analysis
  • 10.3.1. Brazil Router and Switch Market Outlook
    • 10.3.1.1. Market Size & Forecast
      • 10.3.1.1.1. By Value
    • 10.3.1.2. Market Share & Forecast
      • 10.3.1.2.1. By Product
      • 10.3.1.2.2. By Service
  • 10.3.2. Colombia Router and Switch Market Outlook
    • 10.3.2.1. Market Size & Forecast
      • 10.3.2.1.1. By Value
    • 10.3.2.2. Market Share & Forecast
      • 10.3.2.2.1. By Product
      • 10.3.2.2.2. By Service
  • 10.3.3. Argentina Router and Switch Market Outlook
    • 10.3.3.1. Market Size & Forecast
      • 10.3.3.1.1. By Value
    • 10.3.3.2. Market Share & Forecast
      • 10.3.3.2.1. By Product
      • 10.3.3.2.2. By Service

11. Market Dynamics

• 11.1. Drivers
• 11.2. Challenges

12. Market Trends & Developments

• 12.1. Merger & Acquisition (If Any)
• 12.2. Product Launches (If Any)
• 12.3. Recent Developments

13. Global Router and Switch Market: SWOT Analysis

14. Porter's Five Forces Analysis

• 14.1. Competition in the Industry
• 14.2. Potential of New Entrants
• 14.3. Power of Suppliers
• 14.4. Power of Customers
• 14.5. Threat of Substitute Products

15. Competitive Landscape

• 15.1. Cisco Systems, Inc.
  • 15.1.1. Business Overview
  • 15.1.2. Products & Services
  • 15.1.3. Recent Developments
  • 15.1.4. Key Personnel
  • 15.1.5. SWOT Analysis
• 15.2. Huawei Technologies Co., Ltd.
• 15.3. Juniper Networks, Inc.
• 15.4. Arista Networks, Inc.
• 15.5. Nokia Corporation
• 15.6. Hewlett Packard Enterprise Development LP
• 15.7. Dell Technologies Inc.
• 15.8. Extreme Networks, Inc.
• 15.9. ZTE Corporation
• 15.10. Ericsson AB

16. Strategic Recommendations

17. About Us & Disclaimer