Edge Routers Market, By application, (The wide area network (WAN), Internet, Commercial Use, Personal Use), By type, (Label Edge Router, Subscriber Edge Router), By Region – Global Analysis Forecast Till 2030

The Edge Routers market is projected to grow at a CAGR of 3.1% over the forecast period (2018-2030)

The Wide Area Network (WAN) segment was the largest contributor, accounting for 57% of revenue in 2018, and is expected to continue its growth trajectory during the forecast period, while the Internet Applications segment will grow faster than WAN applications during 2018. Forecast period due to increased adoption of virtualization technologies.

Edge routers are used to provide the edge of the network. They link networks together and then pass packets between them. An edge router is a type of Layer 3 (L-3) device that allows access to the Internet by using an external interface, that is, a WAN interface to connect to different internal networks or a LAN interface to connect to other devices.

Market Dynamics:

• Rising demand for high-speed internet and a surge in data centres are some of the key factors that are expected to drive the Edge Routers Market growth.

• Rising adoption of cloud computing and big data is also expected to propel the growth of Edge Routers Market.

• The rapid expansion of the telecom sector across emerging economies is another major factor expected to drive the growth of this Edge Routers Market.

• Rising demand for video streaming and cloud storage is expected to boost the edge routers market over the forecast period etc.

• A major challenge in implementing edge routers is the security considerations inherent in placing routers at the edge of a network.

Key players:

• TP-LINK

• D-Link

• Cisco

• Tenda

• Belkin (Linksys)

• NETCORE Group (Qihoo 360)

• MERCURY

• Netgear

• FAST

• Buffalo

• Amped

• Edimax

• Others

Market Segmentation:

Edge Routers Market, By application

• The wide area network (WAN)

• Internet

• Commercial Use

• Personal Use

Edge Routers Market, By type

• Label Edge Router

• Subscriber Edge Router

Edge Routers Market, By region

• North America

• Europe

• Middle East & Africa

• the Asia Pacific

• South America

Regional Analysis:

North America held the largest revenue share of over XX% in 2022. The convergence of IIoT and edge computing is creating favorable conditions for manufacturers in the United States to move to connected factories. Several startups have also evolved to provide a platform for the development of edge-enabled solutions that are expected to fuel the growth of the regional edge routers market.

In 2022, Asia Pacific accounted for a significant revenue share as COVID-19 increased interest in strengthening networking skills in the region. The significant evolution of the ecosystem of connected devices in the region will generate large amounts of data, requiring a powerful computing infrastructure. Google Inc. announced its Global Mobile Edge Cloud (GMEC) strategy, primarily targeting the US market. Microsoft Corporation's announcement of Azure Edge Zones is expected to boost regional edge routers market growth in the coming years.

Scope Of the Report:

User

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