The North America Router And Switch Market would witness market growth of 6.7% CAGR during the forecast period (2024-2031).
The US market dominated the North America Router And Switch Market by Country in 2023, and would continue to be a dominant market till 2031; thereby, achieving a market value of $22,273 million by 2031. The Canada market is experiencing a CAGR of 9% during (2024 - 2031). Additionally, The Mexico market would exhibit a CAGR of 8.1% during (2024 - 2031).
The market is a dynamic and rapidly evolving segment of the telecommunications industry. As the backbone of modern digital infrastructure, routers and switches enable connectivity and communication for the Internet, cloud services, and enterprise networks.
Additionally, this market has witnessed significant growth over the past few decades, driven by technological advancements, increasing data traffic, and the widespread adoption of digital services across various sectors.
The United States leads the demand for routers and switches in North America, driven by several key factors. The rapid adoption of 5G technology is a significant driver, with substantial government and private sector investments. The Federal Communications Commission (FCC) has been actively auctioning the 5G spectrum to boost nationwide coverage. According to the FCC, there are over 357 million mobile subscribers in the U.S., highlighting the extensive use of mobile devices and wireless services.
Free Valuable Insights: The Router And Switch Market is Predict to reach USD 85.7 Billion by 2031, at a CAGR of 7.2%
Based on Product, the market is segmented into ATM & Ethernet Switch, Internet Exchange Router, Ethernet Service Edge Router, Multiservice Edge Router, and Service Provider Core Router. Based on Service, the market is segmented into Internet Data Center/Collocation/ Hosting, BRAS, Ethernet Aggregation, Ethernet Access, and Others. Based on countries, the market is segmented into U.S., Mexico, Canada, and Rest of North America.
By Product
By Service
By Country
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