Router and Switch Market – Global Industry Analysis Report by 2022 Global Industry Analysis Report, Share, Size, 2022 | Page 2

and switch market is divided into broadband aggregation service, Ethernet access service, internet data centre service and Ethernet aggregation service. Growing preference of firms demanding rapid network services at reasonable costs for connecting workers, data centres and branch offices is predicted to stimulate the Ethernet access service growth and demand during forecasted period. Based on the geographical locations, global router and switch market is bifurcated into North American subcontinent, APAC zone, European continent and rest of the world. The subcontinent of North America contributed maximum share to the total share of the global router and switch market in 2014. The reason behind the growth of the market in the subcontinent is due to the backhaul investments in mobile technology growing significantly in US as service providers buy the products for fulfilling the data demand though different LTE enabled equipments/tools. Further, the growth of the market in North America can be attributed to factors like growing broadband and mobile data traffic forcing service providers to upgrade their mobile backhaul, broadband aggregation, core network and broadband access in regions of US and Canada of North America. The enhanced growth of the router and switch market in China due to large scale growth of data and video for residential customers and firms in China is predicted to contribute towards the demand & growth of the router and switch market in APAC zone. The growth of data and video in China is due to growing demand for high definition content, multiscreen delivery and growing use of tablets & smartphones along with growing acceptance of cloud applications. Softness in public sector vertical in Europe acts as a key inhibitor hampering the growth of the router and switch market in Europe. Lower end equipment replacements are predicted to inhibit the growth of the router and switch industry in Europe. 2|Page