PUBLISHER: Value Market Research | PRODUCT CODE: 1361748
PUBLISHER: Value Market Research | PRODUCT CODE: 1361748
The global demand for Network Devices Market is presumed to reach the market size of nearly USD 58.74 BN by 2030 from USD 27.68 BN in 2022 with a CAGR of 8.72% under the study period 2023 - 2030.
Network devices are hardware components that link computers, printers, fax machines, and other electronic devices to a network. These devices use the same or distinct networks to send data quickly, securely, and correctly. The device type includes routers, gateways, and access points and is generally employed to support networks like WiFi, Cellular, LoRa, ZigBee, and Bluetooth.
Major factors driving the network devices market growth are increased focus on digital transformation across various sectors and worldwide growth in the number of internet users. Additional factors boosting growth include the rising adoption of cloud trends due to the COVID-19 pandemic and the continuous development of WiFi standards. However, contention loss and co-channel interference in WiFi access points. Nonetheless, the industry also possesses numerous opportunities for expanding business, such as the increasing emergence of connectivity for smart homes rising and the adoption of connected devices in the hospitality and education sectors
The research report covers Porter's Five Forces Model, Market Attractiveness Analysis, and Value Chain analysis. These tools help to get a clear picture of the industry's structure and evaluate the competition attractiveness at a global level. Additionally, these tools also give an inclusive assessment of each segment in the global market of network devices. The growth and trends of network devices industry provide a holistic approach to this study.
This section of the network devices market report provides detailed data on the segments at country and regional level, thereby assisting the strategist in identifying the target demographics for the respective product or services with the upcoming opportunities.
This section covers the regional outlook, which accentuates current and future demand for the Network Devices market across North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa. Further, the report focuses on demand, estimation, and forecast for individual application segments across all the prominent regions.
The research report also covers the comprehensive profiles of the key players in the market and an in-depth view of the competitive landscape worldwide. The major players in the network devices market include Cisco Systems (US), Cradlepoint (US), Juniper Networks (US), Huawei (China), HP Enterprise (US), Digi International (US), Sierra Wireless (Canada), Nokia (Finland), Inseego (US), Teltokina Networks (Lithuania), Extreme Networks (US), D-Link (Taiwan), TP-LINK (China), Moxa (Taiwan), Adtran (US), Schneider Electric (France), General Electric (US), Siemens (Germany), Multitech (US), Casa Systems (US), Advantech (Taiwan), Robustel (China), Lantronix (US), HMS Networks (Sweden), ASUSTek Computer (Taiwan), and Belkin International (US). This section consists of a holistic view of the competitive landscape that includes various strategic developments such as key mergers & acquisitions, future capacities, partnerships, financial overviews, collaborations, new product developments, new product launches, and other developments.
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