Network Devices Market Report 2022 To 2030 By Top Key Players, Types & Applications

 The Network Devices market crossed US$ 25.17 billion mark in 2022 and is expected to hit US$ 42.32 billion by 2030, recording a CAGR of 6.7% during the forecast period. 

The Network Devices Market 2022 provides a complete assessment of the industry including definitions, classifications, applications, and industry chain structure, which is beneficial for companies regardless of their size and revenue. Network Devices Market Survey report covering the major market insights and industry approach towards COVID-19 in the upcoming years. For each manufacturer covered, the clients will find the report complete in all aspects as it covers all key components with valuable statistics and expert opinions in all regards. This section analyses region-wise revenue and volume for the forecast period till 2030.

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The List of TOP KEY PLAYERS in Network Devices Market Report are –

  • Cisco Systems, Inc.
  • Siemens AG
  • Schneider Electric SE
  • General Electric (GE) Co.
  • TE Connectivity Ltd.
  • Hewlett-Packard Enterprise Company
  • Juniper Networks, Inc.
  • ADTRAN, Inc.
  • Huawei Technologies Co. Ltd.
  • Digi International, Inc.
  • Ericsson AB
  • Other Market Participants

Based on types, the Network Devices Market is primarily split into:

  • Indoor
  • Outdoor
  • Connectivity
    • WiFi
    • Cellular
    • Long Range Radio
    • Others

Based on applications, the Network Devices Market covers:

    • Enterprise Networking 
    • Residential Networking 
    • Industrial Networking 
    • Commercial Networking 
    • Transportation Networking
  • Device Type:
    • Routers
    • Getaways
    • Hub
      • Active Hub
      • Passive Hub
      • Intelligent Hub
    • Repeater
    • Bridge
      • Transparent Bridge
      • Source Routing Bridges
    • Switch
    • Brouter
    • Others
  • Region
    • North America
    • Europe
    • Asia Pacific (APAC)
    • South & Central America
    • Middle East & Africa

The report additionally focuses on world major leading industry players of this market providing information like company profiles, product picture, and specification, capacity, production, price, cost, revenue, and contact information. This report focuses on market trends, volume and value, regional level, and company level. This report represents the overall Network Devices Market Size by analyzing historical information and future prospects till 2030.

The internet users are growing continuously owing to rising demand for smartphone penetration and improved connectivity. The need for network devices is anticipated to rise as consumers demand more connected devices, which need advanced internet connections for flawless performance. While this opens up prospects for broadband and telecom businesses, they still have difficulty keeping up with customer demands for network uptime, capacity, and latency in a ferocious market. With improved network equipment, which might offer the necessary connectivity bandwidth, security, and network dependability, key players are investing considerably to take advantage of these new opportunities. The development of cellular-based network devices is expected to be fuelled by telecom companies that will in turn aid the investments in wireless network infrastructure.

Recent strategic developments in Network Devices market

The network devices market has undergone several significant developments, and a few of these have been mentioned below:

  • In January 2022, Sierra Wireles announced its AirLink RV50X router certified by FCC for use on the Anterix 900 MHz spectrum.
  • In November 2021, Juniper Networks announced two new 6 GHz access points that leverage Mist AI to maximize Wi-Fi performance and capacity while simplifying IT operations.
  • In June 2021, Cisco announced a new portfolio of Catalyst industrial routers for enterprise networks which include the Catalyst 5G Industrial Routers and Cisco IoT Gateway Series.

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Key Highlights of the Network Devices Market Research Report:

  • The report summarizes the Network Devices Market by stating the definition, applications, scope, it’s price, supply and demand ratio, and market overview.
  • Competitive landscape of all leading key players together with their business strategies, approaches, and latest Network Devices market development.
  • It elements market investment, opportunities, growth factors, restraints, and market risks.
  • It performs a comprehensive study of emerging players in the Network Devices business along with the existing ones.
  • It accomplishes primary and secondary research and resources to estimate prime products, market size, and industrial partnerships of this business.

Research Objectives:

  • To study and analyze the Network Devices consumption by key regions/countries, product type and application, history information, and forecast during 2022-2030.
  • To understand the structure of Network Devices by identifying its various sub segments.
  • Focuses on the key Network Devices manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis, and development plans within the next few years.
  • To analyze Network Devices with respect to individual growth trends, future prospects, and their contribution to the total market.
  • To share detailed information about the key factors influencing the expansion of the market.
  • To project the consumption of Network Devices submarkets, with respect to key.
  • To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions within the market.
  • To strategically profile the key players and comprehensively analyze their growth strategies.

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Business Market Insights is a market research platform that provides subscription service for industry and company reports. Our research team has extensive professional expertise in domains such as Electronics & Semiconductor; Aerospace & Defense; Automotive & Transportation; Energy & Power; Healthcare; Manufacturing & Construction; Food & Beverages; Chemicals & Materials; and Technology, Media, & Telecommunications.

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