The North America Routing Market would witness market growth of 6.3% CAGR during the forecast period (2021-2027).
The router chooses the paths for Internet Protocol (IP) packets to go from their origin to their destination, which is a key aspect of the internet. A router's routing function normally directs forwarding based on routing tables, which keep track of all the routes to different network destinations. A routing table is comparable to a train timetable, which passengers study to determine which train to board. Routing tables work in a similar way to train schedules, but for network paths rather than trains. Moreover, these tables can be established by an administrator, learned by network traffic analysis, or generated using routing protocols.
Routing relates to IP routing and is compared with bridging. Additionally, IP routing supposes that network addresses are organized and that comparable addresses indicate network proximity. Moreover, a single routing table item can indicate the route to a collection of devices using structured addresses. Structured addressing (routing in the restricted sense) surpasses unstructured addressing in big networks (bridging).
According to internetworldstats, around 90.3 percent of the population in North America has internet connection. This reflects the region's heavy reliance on the internet for a variety of tasks, including using social media platforms, consuming video material on OTT and other platforms, and performing other tasks that necessitate a constant internet connection. The United States, Canada, and Mexico are three of the region's most important countries, and they are likely to play a significant role in the region's growth. Moreover, regional governments have been constantly increasing their investments in broadband services, demand for wireless hotspots and Wi-Fi solutions and services. Following the terrorist attacks of September 11, 2001, governments across North America have taken considerable steps to improve public safety by investing in broadband technologies.
The US market dominated the North America Routing Market by Country in 2020, and would continue to be a dominant market till 2027; thereby, achieving a market value of $5,587.3 Million by 2027. The Canada market is estimated to grow at a CAGR of 8.7% during (2021 - 2027). Additionally, The Mexico market would showcase a CAGR of 7.8% during (2021 - 2027).
Based on Type, the market is segmented into Wireless and Wired. Based on Placement, the market is segmented into Edge, Core, and Virtual. Based on Application, the market is segmented into Enterprise and Datacenter. Based on Vertical, the market is segmented into BFSI, Healthcare, Education, Residential, Media & Entertainment, and Others. Based on countries, the market is segmented into U.S., Mexico, Canada, and Rest of North America.
Free Valuable Insights: The Global Routing Market is Estimated to reach $22.7 Billion by 2027, at a CAGR of 7.8%
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Arista Networks, Inc., New H3C Technologies Co., Ltd., Xiaomi Corporation, Cisco Systems, Inc., Juniper Networks, Inc., Huawei Technologies Co., Ltd., Nokia Corporation, ASUSTeK Computer, Inc., Netgear, Inc., and Hewlett-Packard Enterprise Company.
Scope of the Study
Market Segments Covered in the Report:
By Type
By Placement
By Application
By Vertical
- BFSI
- Healthcare
- Education
- Residential
- Media & Entertainment
- Others
By Country
- US
- Canada
- Mexico
- Rest of North America
Key Market Players
List of Companies Profiled in the Report:
- Arista Networks, Inc.
- New H3C Technologies Co., Ltd.
- Xiaomi Corporation
- Cisco Systems, Inc.
- Juniper Networks, Inc.
- Huawei Technologies Co., Ltd.
- Nokia Corporation
- ASUSTeK Computer, Inc.
- Netgear, Inc.
- Hewlett-Packard Enterprise Company
Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 North America Routing Market, by Type
1.4.2 North America Routing Market, by Placement
1.4.3 North America Routing Market, by Application
1.4.4 North America Routing Market, by Vertical
1.4.5 North America Routing Market, by Country
1.5 Methodology for the research
Chapter 2. Market Overview
2.1 Introduction
2.1.1 Overview
2.1.1.1 Market Composition and Scenario
2.2 Key Factors Impacting the Market
2.2.1 Market Drivers
2.2.2 Market Restraints
Chapter 3. Competition Analysis - Global
3.1 KBV Cardinal Matrix
3.2 Recent Industry Wide Strategic Developments
3.2.1 Partnerships, Collaborations and Agreements
3.2.2 Product Launches and Product Expansions
3.2.3 Acquisition and Mergers
3.3 Top Winning Strategies
3.3.1 Key Leading Strategies: Percentage Distribution (2017-2021)
3.3.2 Key Strategic Move: (Product Launches and Product Expansions: 2017, May – 2022, Feb) Leading Players
Chapter 4. North America Routing Market by Type
4.1 North America Wireless Market by Country
4.2 North America Wired Market by Country
Chapter 5. North America Routing Market by Placement
5.1 North America Edge Market by Country
5.2 North America Core Market by Country
5.3 North America Virtual Market by Country
Chapter 6. North America Routing Market by Application
6.1 North America Enterprise Market by Country
6.2 North America Datacenter Market by Country
Chapter 7. North America Routing Market by Vertical
7.1 North America BFSI Market by Country
7.2 North America Healthcare Market by Country
7.3 North America Education Market by Country
7.4 North America Residential Market by Country
7.5 North America Media & Entertainment Market by Country
7.6 North America Others Market by Country
Chapter 8. North America Routing Market by Country
8.1 US Routing Market
8.1.1 US Routing Market by Type
8.1.2 US Routing Market by Placement
8.1.3 US Routing Market by Application
8.1.4 US Routing Market by Vertical
8.2 Canada Routing Market
8.2.1 Canada Routing Market by Type
8.2.2 Canada Routing Market by Placement
8.2.3 Canada Routing Market by Application
8.2.4 Canada Routing Market by Vertical
8.3 Mexico Routing Market
8.3.1 Mexico Routing Market by Type
8.3.2 Mexico Routing Market by Placement
8.3.3 Mexico Routing Market by Application
8.3.4 Mexico Routing Market by Vertical
8.4 Rest of North America Routing Market
8.4.1 Rest of North America Routing Market by Type
8.4.2 Rest of North America Routing Market by Placement
8.4.3 Rest of North America Routing Market by Application
8.4.4 Rest of North America Routing Market by Vertical
Chapter 9. Company Profiles
9.1 Arista Networks, Inc.
9.1.1 Company Overview
9.1.2 Financial Analysis
9.1.3 Regional Analysis
9.1.4 Research & Development Expenses
9.1.5 Recent strategies and developments:
9.1.5.1 Product Launches and Product Expansions:
9.2 New H3C Technologies Co., Ltd.
9.2.1 Company Overview
9.2.2 Recent strategies and developments:
9.2.2.1 Partnerships, Collaborations, and Agreements:
9.2.2.2 Product Launches and Product Expansions:
9.3 Xiaomi Corporation
9.3.1 Company Overview
9.3.2 Financial Analysis
9.3.3 Segmental and Regional Analysis
9.3.4 Research & Development Expense
9.3.5 Recent strategies and developments:
9.3.5.1 Product Launches and Product Expansions:
9.3.6 SWOT Analysis
9.4 Cisco Systems, Inc.
9.4.1 Company Overview
9.4.2 Financial Analysis
9.4.3 Regional Analysis
9.4.4 Research & Development Expense
9.4.5 Recent strategies and developments:
9.4.5.1 Partnerships, Collaborations, and Agreements:
9.4.5.2 Product Launches and Product Expansions:
9.4.5.3 Acquisition and Mergers:
9.4.6 SWOT Analysis
9.5 Juniper Networks, Inc.
9.5.1 Company Overview
9.5.2 Financial Analysis
9.5.3 Regional Analysis
9.5.4 Research & Development Expenses
9.5.5 Recent strategies and developments:
9.5.5.1 Partnerships, Collaborations, and Agreements:
9.5.5.2 Acquisition and Mergers:
9.6 Huawei Technologies Co., Ltd. (Huawei Investment & Holding Co., Ltd.)
9.6.1 Company Overview
9.6.2 Financial Analysis
9.6.3 Segmental and Regional Analysis
9.6.4 Research & Development Expense
9.6.5 Recent strategies and developments:
9.6.5.1 Product Launches and Product Expansions:
9.7 Nokia Corporation
9.7.1 Company Overview
9.7.2 Financial Analysis
9.7.3 Segmental and Regional Analysis
9.7.4 Research & Development Expense
9.7.5 Recent strategies and developments:
9.7.5.1 Partnerships, Collaborations, and Agreements:
9.7.5.2 Product Launches and Product Expansions:
9.8 ASUSTeK Computer, Inc.
9.8.1 Company Overview
9.8.2 Financial Analysis
9.8.3 Segmental and Regional Analysis
9.8.4 Research & Development Expenses
9.8.5 Recent strategies and developments:
9.8.5.1 Product Launches and Product Expansions:
9.9 Netgear, Inc.
9.9.1 Company Overview
9.9.2 Financial Analysis
9.9.3 Segment and Regional Analysis
9.9.4 Research & Development Expenses
9.9.5 Recent strategies and developments:
9.9.5.1 Product Launches and Product Expansions:
9.9.5.2 Acquisition and Mergers:
9.10. Hewlett Packard Enterprise Company
9.10.1 Company Overview
9.10.2 Financial Analysis
9.10.3 Segmental and Regional Analysis
9.10.4 Research & Development Expense
9.10.5 SWOT Analysis
TABLE 1 North America Routing Market, 2017 - 2020, USD Million
TABLE 2 North America Routing Market, 2021 - 2027, USD Million
TABLE 3 Partnerships, Collaborations and Agreements – Routing Market
TABLE 4 Product Launches And Product Expansions – Routing Market
TABLE 5 Acquisition and Mergers – Routing Market
TABLE 6 North America Routing Market by Type, 2017 - 2020, USD Million
TABLE 7 North America Routing Market by Type, 2021 - 2027, USD Million
TABLE 8 North America Wireless Market by Country, 2017 - 2020, USD Million
TABLE 9 North America Wireless Market by Country, 2021 - 2027, USD Million
TABLE 10 North America Wired Market by Country, 2017 - 2020, USD Million
TABLE 11 North America Wired Market by Country, 2021 - 2027, USD Million
TABLE 12 North America Routing Market by Placement, 2017 - 2020, USD Million
TABLE 13 North America Routing Market by Placement, 2021 - 2027, USD Million
TABLE 14 North America Edge Market by Country, 2017 - 2020, USD Million
TABLE 15 North America Edge Market by Country, 2021 - 2027, USD Million
TABLE 16 North America Core Market by Country, 2017 - 2020, USD Million
TABLE 17 North America Core Market by Country, 2021 - 2027, USD Million
TABLE 18 North America Virtual Market by Country, 2017 - 2020, USD Million
TABLE 19 North America Virtual Market by Country, 2021 - 2027, USD Million
TABLE 20 North America Routing Market by Application, 2017 - 2020, USD Million
TABLE 21 North America Routing Market by Application, 2021 - 2027, USD Million
TABLE 22 North America Enterprise Market by Country, 2017 - 2020, USD Million
TABLE 23 North America Enterprise Market by Country, 2021 - 2027, USD Million
TABLE 24 North America Datacenter Market by Country, 2017 - 2020, USD Million
TABLE 25 North America Datacenter Market by Country, 2021 - 2027, USD Million
TABLE 26 North America Routing Market by Vertical, 2017 - 2020, USD Million
TABLE 27 North America Routing Market by Vertical, 2021 - 2027, USD Million
TABLE 28 North America BFSI Market by Country, 2017 - 2020, USD Million
TABLE 29 North America BFSI Market by Country, 2021 - 2027, USD Million
TABLE 30 North America Healthcare Market by Country, 2017 - 2020, USD Million
TABLE 31 North America Healthcare Market by Country, 2021 - 2027, USD Million
TABLE 32 North America Education Market by Country, 2017 - 2020, USD Million
TABLE 33 North America Education Market by Country, 2021 - 2027, USD Million
TABLE 34 North America Residential Market by Country, 2017 - 2020, USD Million
TABLE 35 North America Residential Market by Country, 2021 - 2027, USD Million
TABLE 36 North America Media & Entertainment Market by Country, 2017 - 2020, USD Million
TABLE 37 North America Media & Entertainment Market by Country, 2021 - 2027, USD Million
TABLE 38 North America Others Market by Country, 2017 - 2020, USD Million
TABLE 39 North America Others Market by Country, 2021 - 2027, USD Million
TABLE 40 North America Routing Market by Country, 2017 - 2020, USD Million
TABLE 41 North America Routing Market by Country, 2021 - 2027, USD Million
TABLE 42 US Routing Market, 2017 - 2020, USD Million
TABLE 43 US Routing Market, 2021 - 2027, USD Million
TABLE 44 US Routing Market by Type, 2017 - 2020, USD Million
TABLE 45 US Routing Market by Type, 2021 - 2027, USD Million
TABLE 46 US Routing Market by Placement, 2017 - 2020, USD Million
TABLE 47 US Routing Market by Placement, 2021 - 2027, USD Million
TABLE 48 US Routing Market by Application, 2017 - 2020, USD Million
TABLE 49 US Routing Market by Application, 2021 - 2027, USD Million
TABLE 50 US Routing Market by Vertical, 2017 - 2020, USD Million
TABLE 51 US Routing Market by Vertical, 2021 - 2027, USD Million
TABLE 52 Canada Routing Market, 2017 - 2020, USD Million
TABLE 53 Canada Routing Market, 2021 - 2027, USD Million
TABLE 54 Canada Routing Market by Type, 2017 - 2020, USD Million
TABLE 55 Canada Routing Market by Type, 2021 - 2027, USD Million
TABLE 56 Canada Routing Market by Placement, 2017 - 2020, USD Million
TABLE 57 Canada Routing Market by Placement, 2021 - 2027, USD Million
TABLE 58 Canada Routing Market by Application, 2017 - 2020, USD Million
TABLE 59 Canada Routing Market by Application, 2021 - 2027, USD Million
TABLE 60 Canada Routing Market by Vertical, 2017 - 2020, USD Million
TABLE 61 Canada Routing Market by Vertical, 2021 - 2027, USD Million
TABLE 62 Mexico Routing Market, 2017 - 2020, USD Million
TABLE 63 Mexico Routing Market, 2021 - 2027, USD Million
TABLE 64 Mexico Routing Market by Type, 2017 - 2020, USD Million
TABLE 65 Mexico Routing Market by Type, 2021 - 2027, USD Million
TABLE 66 Mexico Routing Market by Placement, 2017 - 2020, USD Million
TABLE 67 Mexico Routing Market by Placement, 2021 - 2027, USD Million
TABLE 68 Mexico Routing Market by Application, 2017 - 2020, USD Million
TABLE 69 Mexico Routing Market by Application, 2021 - 2027, USD Million
TABLE 70 Mexico Routing Market by Vertical, 2017 - 2020, USD Million
TABLE 71 Mexico Routing Market by Vertical, 2021 - 2027, USD Million
TABLE 72 Rest of North America Routing Market, 2017 - 2020, USD Million
TABLE 73 Rest of North America Routing Market, 2021 - 2027, USD Million
TABLE 74 Rest of North America Routing Market by Type, 2017 - 2020, USD Million
TABLE 75 Rest of North America Routing Market by Type, 2021 - 2027, USD Million
TABLE 76 Rest of North America Routing Market by Placement, 2017 - 2020, USD Million
TABLE 77 Rest of North America Routing Market by Placement, 2021 - 2027, USD Million
TABLE 78 Rest of North America Routing Market by Application, 2017 - 2020, USD Million
TABLE 79 Rest of North America Routing Market by Application, 2021 - 2027, USD Million
TABLE 80 Rest of North America Routing Market by Vertical, 2017 - 2020, USD Million
TABLE 81 Rest of North America Routing Market by Vertical, 2021 - 2027, USD Million
TABLE 82 Key information – Arista Networks, Inc.
TABLE 83 Key information – New H3C Technologies Co., Ltd.
TABLE 84 Key Information – Xiaomi Corporation
TABLE 85 Key Information – Cisco Systems, Inc.
TABLE 86 Key Information – Juniper Networks, Inc.
TABLE 87 key information – Huawei Technologies Co., Ltd.
TABLE 88 Key Information – Nokia Corporation
TABLE 89 Key Information – ASUSTeK Computer, Inc.
TABLE 90 Key information – Netgear, Inc.
TABLE 91 key information – Hewlett Packard Enterprise Company
List of Figures
FIG 1 Methodology for the research
FIG 2 KBV Cardinal Matrix
FIG 3 Key Leading Strategies: Percentage Distribution (2017-2021)
FIG 4 Key Strategic Move: (Product Launches and Product Expansions : 2017, May – 2022, Feb) Leading Players
FIG 5 Recent strategies and developments: New H3C Technologies Co., Ltd.
FIG 6 SWOT Analysis: Xiaomi Corporation
FIG 7 Recent strategies and developments: Cisco Systems, Inc.
FIG 8 SWOT Analysis: Cisco Systems, Inc.
FIG 9 Recent strategies and developments: Juniper Networks, Inc.
FIG 10 Recent strategies and developments: Nokia Corporation
FIG 11 Recent strategies and developments: Netgear, Inc.
FIG 12 SWOT analysis: Hewlett-Packard enterprise Company