Product ID: SQSG45J2020
Global Router And Switch Market Size, Share, Growth Analysis, By Product(Internet Exchange Router, Service Provider Core Router), By Services(Broadb, Aggregation (BRAS)) - Industry Forecast 2024-2031
Report ID:
SQSG45J2020 |
Region:
Global |
Published Date: February, 2024
Pages:
157
|
Tables:
69 |
Figures:
75
Global Router And Switch Market Insights
Global Router And Switch Market size was valued at USD 15.8 billion in 2019 and is poised to grow from USD 16.93 billion in 2023 to USD 23.2 billion by 2031, growing at a CAGR of 7.1% in the forecast period (2024-2031).
Both switches and routers are used to connect networks. While switches connect different devices in a network, routers operate at the network layer and are tasked with determining the quickest path for packets. A switch is a device that gives local area network devices connections points (LAN). On a single network, several devices are connected using switches. Switches can be utilised to build more complex networks. Compared to routers, switches are typically employed in larger networks.
A router is linked to at least two networks, typically two LANs, WANs, or LANs as well as the network of the ISP. Multiple home and small office networks are linked to the Internet using routers. Routers are used by big enterprises, schools, and other organisations to connect their local area networks.
US Router And Switch Market is poised to grow at a sustainable CAGR for the next forecast year.
Global Router And Switch Market Report Snapshots
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